American Eagle Outfitters, Inc. (NYSE:AEO) Shares Acquired by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of American Eagle Outfitters, Inc. (NYSE:AEO - Free Report) by 17.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 485,105 shares of the apparel retailer's stock after purchasing an additional 73,479 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.25% of American Eagle Outfitters worth $8,087,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Dimensional Fund Advisors LP lifted its position in shares of American Eagle Outfitters by 4.2% during the fourth quarter. Dimensional Fund Advisors LP now owns 10,223,953 shares of the apparel retailer's stock worth $170,431,000 after purchasing an additional 413,193 shares during the last quarter. Wellington Management Group LLP lifted its position in shares of American Eagle Outfitters by 1.9% during the fourth quarter. Wellington Management Group LLP now owns 9,933,628 shares of the apparel retailer's stock worth $165,594,000 after purchasing an additional 184,067 shares during the last quarter. American Century Companies Inc. lifted its position in shares of American Eagle Outfitters by 9.4% during the fourth quarter. American Century Companies Inc. now owns 5,505,340 shares of the apparel retailer's stock worth $91,774,000 after purchasing an additional 472,683 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of American Eagle Outfitters by 15.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,877,963 shares of the apparel retailer's stock worth $47,976,000 after purchasing an additional 381,047 shares during the last quarter. Finally, Millennium Management LLC lifted its position in shares of American Eagle Outfitters by 1,510.1% during the fourth quarter. Millennium Management LLC now owns 2,509,057 shares of the apparel retailer's stock worth $41,826,000 after purchasing an additional 2,353,225 shares during the last quarter. 97.33% of the stock is currently owned by institutional investors.

American Eagle Outfitters Price Performance

American Eagle Outfitters stock traded down $0.14 during trading hours on Wednesday, reaching $10.26. The stock had a trading volume of 5,972,883 shares, compared to its average volume of 5,642,012. American Eagle Outfitters, Inc. has a 52 week low of $9.45 and a 52 week high of $22.83. The company has a market cap of $1.78 billion, a price-to-earnings ratio of 8.77, a PEG ratio of 0.82 and a beta of 1.52. The business's 50 day moving average price is $11.04 and its 200-day moving average price is $13.97.

American Eagle Outfitters (NYSE:AEO - Get Free Report) last issued its quarterly earnings results on Thursday, May 29th. The apparel retailer reported ($0.29) earnings per share for the quarter, missing analysts' consensus estimates of ($0.25) by ($0.04). The business had revenue of $1.09 billion for the quarter, compared to analysts' expectations of $1.08 billion. American Eagle Outfitters had a return on equity of 20.75% and a net margin of 4.28%. American Eagle Outfitters's revenue was down 4.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.34 EPS. On average, sell-side analysts forecast that American Eagle Outfitters, Inc. will post 1.7 EPS for the current fiscal year.

American Eagle Outfitters Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 25th. Stockholders of record on Friday, July 11th will be paid a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a dividend yield of 4.87%. American Eagle Outfitters's payout ratio is 51.02%.

Analysts Set New Price Targets

Several brokerages have recently commented on AEO. Wall Street Zen lowered American Eagle Outfitters from a "buy" rating to a "hold" rating in a research note on Wednesday, March 19th. Citigroup restated a "neutral" rating on shares of American Eagle Outfitters in a research note on Friday, May 23rd. BMO Capital Markets cut their price target on American Eagle Outfitters from $15.00 to $11.00 and set a "market perform" rating on the stock in a research note on Wednesday, May 14th. Telsey Advisory Group raised their price target on American Eagle Outfitters to $12.00 and gave the company a "hold" rating in a research note on Friday, May 30th. Finally, Barclays cut their price target on American Eagle Outfitters from $10.00 to $9.00 and set an "underweight" rating on the stock in a research note on Monday, May 12th. One investment analyst has rated the stock with a sell rating, ten have given a hold rating and one has issued a buy rating to the company. According to MarketBeat, American Eagle Outfitters currently has a consensus rating of "Hold" and an average price target of $14.70.

American Eagle Outfitters Company Profile

American Eagle Outfitters, Inc operates as a multi-brand specialty retailer in the United States and internationally. The company provides jeans, apparel and accessories, and personal care products for women and men under the American Eagle brand; and intimates, apparel, activewear, and swim collections under the Aerie and OFFLINE by Aerie brands.