Tidal Investments LLC Raises Stock Position in American Eagle Outfitters, Inc. (NYSE:AEO)

Tidal Investments LLC raised its stake in shares of American Eagle Outfitters, Inc. (NYSE:AEO - Free Report) by 22.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 130,587 shares of the apparel retailer's stock after buying an additional 24,199 shares during the period. Tidal Investments LLC owned 0.07% of American Eagle Outfitters worth $2,177,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in AEO. Dimensional Fund Advisors LP lifted its position in American Eagle Outfitters by 4.2% during the 4th quarter. Dimensional Fund Advisors LP now owns 10,223,953 shares of the apparel retailer's stock worth $170,431,000 after acquiring an additional 413,193 shares during the last quarter. Wellington Management Group LLP grew its holdings in American Eagle Outfitters by 1.9% in the 4th quarter. Wellington Management Group LLP now owns 9,933,628 shares of the apparel retailer's stock valued at $165,594,000 after buying an additional 184,067 shares during the last quarter. American Century Companies Inc. increased its position in American Eagle Outfitters by 9.4% in the 4th quarter. American Century Companies Inc. now owns 5,505,340 shares of the apparel retailer's stock worth $91,774,000 after buying an additional 472,683 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings 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 buying an additional 381,047 shares during the last quarter. Finally, Millennium Management LLC lifted its holdings 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 buying an additional 2,353,225 shares during the last quarter. Institutional investors and hedge funds own 97.33% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. JPMorgan Chase & Co. decreased their target price on American Eagle Outfitters from $10.00 to $9.00 and set a "neutral" rating on the stock in a research report on Wednesday, May 14th. Citigroup reissued a "neutral" rating on shares of American Eagle Outfitters in a research note on Friday. Barclays dropped their price objective on 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. Morgan Stanley reduced their target price on American Eagle Outfitters from $12.00 to $11.00 and set an "equal weight" rating on the stock in a report on Tuesday, May 6th. Finally, 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 report on Thursday, March 13th. One analyst has rated the stock with a sell rating, ten have given a hold rating and one has assigned a buy rating to the company. According to MarketBeat, American Eagle Outfitters has an average rating of "Hold" and an average price target of $14.80.

American Eagle Outfitters Stock Up 3.5%

Shares of American Eagle Outfitters stock traded up $0.38 on Tuesday, reaching $11.08. The company's stock had a trading volume of 5,184,219 shares, compared to its average volume of 5,536,590. The company has a market capitalization of $1.92 billion, a price-to-earnings ratio of 9.48, a P/E/G ratio of 0.82 and a beta of 1.56. The firm's fifty day simple moving average is $11.22 and its two-hundred day simple moving average is $14.27. American Eagle Outfitters, Inc. has a 52 week low of $9.45 and a 52 week high of $24.26.

American Eagle Outfitters Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, April 25th. Stockholders of record on Friday, April 11th were issued a $0.125 dividend. The ex-dividend date was Friday, April 11th. This represents a $0.50 annualized dividend and a dividend yield of 4.51%. American Eagle Outfitters's dividend payout ratio (DPR) is 29.76%.

American Eagle Outfitters 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.