Gotham Asset Management LLC Makes New Investment in American Eagle Outfitters, Inc. (NYSE:AEO)

Gotham Asset Management LLC purchased a new stake in shares of American Eagle Outfitters, Inc. (NYSE:AEO - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 46,630 shares of the apparel retailer's stock, valued at approximately $777,000.

A number of other large investors have also made changes to their positions in AEO. HighTower Advisors LLC purchased a new stake in shares of American Eagle Outfitters in the 4th quarter worth $267,000. Smartleaf Asset Management LLC grew its holdings in American Eagle Outfitters by 137.5% during the fourth quarter. Smartleaf Asset Management LLC now owns 3,358 shares of the apparel retailer's stock valued at $55,000 after purchasing an additional 1,944 shares during the period. Entropy Technologies LP purchased a new stake in American Eagle Outfitters in the fourth quarter worth about $378,000. US Bancorp DE raised its stake in shares of American Eagle Outfitters by 1,673.7% in the fourth quarter. US Bancorp DE now owns 62,134 shares of the apparel retailer's stock worth $1,036,000 after buying an additional 58,631 shares during the period. Finally, Barclays PLC raised its stake in shares of American Eagle Outfitters by 51.8% in the third quarter. Barclays PLC now owns 298,263 shares of the apparel retailer's stock worth $6,679,000 after buying an additional 101,795 shares during the period. 97.33% of the stock is currently owned by institutional investors.

American Eagle Outfitters Trading Up 2.1%

AEO traded up $0.22 during trading on Thursday, hitting $10.86. 9,745,421 shares of the company traded hands, compared to its average volume of 5,517,530. The company has a market cap of $1.87 billion, a PE ratio of 9.28, a P/E/G ratio of 0.82 and a beta of 1.56. The stock's 50-day simple moving average is $11.30 and its two-hundred day simple moving average is $14.51. American Eagle Outfitters, Inc. has a 1 year low of $9.45 and a 1 year high of $24.26.

American Eagle Outfitters Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 25th. Stockholders of record on Friday, April 11th were given a dividend of $0.125 per share. The ex-dividend date of this dividend was Friday, April 11th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 4.60%. American Eagle Outfitters's payout ratio is 29.76%.

Wall Street Analysts Forecast Growth

AEO has been the subject of a number of recent research reports. JPMorgan Chase & Co. cut their price objective on American Eagle Outfitters from $10.00 to $9.00 and set a "neutral" rating for the company in a research note on Wednesday, May 14th. Bank of America lowered their price target on shares of American Eagle Outfitters from $18.00 to $13.00 and set a "neutral" rating on the stock in a report on Friday, March 14th. Barclays dropped their price target on shares of American Eagle Outfitters from $10.00 to $9.00 and set an "underweight" rating for the company in a research report on Monday, May 12th. UBS Group decreased their price objective on shares of American Eagle Outfitters from $32.00 to $28.00 and set a "buy" rating on the stock in a research report on Thursday, March 13th. Finally, Telsey Advisory Group dropped their target price on shares of American Eagle Outfitters from $18.00 to $12.00 and set a "market perform" rating for the company in a report on Thursday, March 13th. One research 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's stock. According to MarketBeat.com, American Eagle Outfitters presently has a consensus rating of "Hold" and an average target price of $14.80.

About American Eagle Outfitters

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.