American Eagle Outfitters, Inc. (NYSE:AEO) Shares Purchased by Tidal Investments LLC

Tidal Investments LLC raised its holdings in shares of American Eagle Outfitters, Inc. (NYSE:AEO - Free Report) by 22.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 130,587 shares of the apparel retailer's stock after buying an additional 24,199 shares during the period. Tidal Investments LLC owned about 0.07% of American Eagle Outfitters worth $2,177,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. HighTower Advisors LLC purchased a new stake in American Eagle Outfitters during the fourth quarter valued at approximately $267,000. Smartleaf Asset Management LLC increased 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 buying an additional 1,944 shares during the last quarter. Entropy Technologies LP purchased a new stake in American Eagle Outfitters during the fourth quarter valued at approximately $378,000. US Bancorp DE increased its holdings in American Eagle Outfitters by 1,673.7% during the fourth quarter. US Bancorp DE now owns 62,134 shares of the apparel retailer's stock valued at $1,036,000 after buying an additional 58,631 shares during the last quarter. Finally, Barclays PLC increased 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 purchasing an additional 101,795 shares in the last quarter. 97.33% of the stock is owned by hedge funds and other institutional investors.

American Eagle Outfitters Trading Down 0.3%

NYSE AEO traded down $0.03 on Wednesday, hitting $11.07. 2,708,425 shares of the company's stock traded hands, compared to its average volume of 5,541,596. American Eagle Outfitters, Inc. has a 1-year low of $9.45 and a 1-year high of $24.26. The firm's 50-day moving average price is $11.21 and its two-hundred day moving average price is $14.25. The firm has a market capitalization of $1.92 billion, a PE ratio of 9.46, a P/E/G ratio of 0.82 and a beta of 1.56.

American Eagle Outfitters Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 25th. Shareholders of record on Friday, April 11th were paid a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a yield of 4.52%. The ex-dividend date of this dividend was Friday, April 11th. American Eagle Outfitters's payout ratio is 29.76%.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on AEO shares. Barclays reduced their price objective on shares of American Eagle Outfitters from $10.00 to $9.00 and set an "underweight" rating for the company in a research note on Monday, May 12th. Wall Street Zen cut shares of American Eagle Outfitters from a "buy" rating to a "hold" rating in a research note on Wednesday, March 19th. Bank of America reduced their price objective on shares of American Eagle Outfitters from $18.00 to $13.00 and set a "neutral" rating for the company in a research note on Friday, March 14th. Morgan Stanley reduced their price objective on shares of American Eagle Outfitters from $12.00 to $11.00 and set an "equal weight" rating for the company in a research note on Tuesday, May 6th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of 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. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and one has assigned a buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $14.80.

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.