Lighthouse Investment Partners LLC Makes New Investment in American Eagle Outfitters, Inc. (NYSE:AEO)

Lighthouse Investment Partners LLC acquired a new position in American Eagle Outfitters, Inc. (NYSE:AEO - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 250,000 shares of the apparel retailer's stock, valued at approximately $4,168,000. Lighthouse Investment Partners LLC owned about 0.13% of American Eagle Outfitters as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the business. HighTower Advisors LLC acquired a new position in American Eagle Outfitters in the 4th quarter worth about $267,000. Smartleaf Asset Management LLC increased its position 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 worth $55,000 after purchasing an additional 1,944 shares during the last quarter. Entropy Technologies LP acquired a new position in American Eagle Outfitters in the fourth quarter valued at approximately $378,000. US Bancorp DE lifted its stake in shares of American Eagle Outfitters by 1,673.7% in the 4th quarter. US Bancorp DE now owns 62,134 shares of the apparel retailer's stock valued at $1,036,000 after purchasing an additional 58,631 shares during the last quarter. Finally, Barclays PLC increased its position in shares of American Eagle Outfitters by 51.8% during the third quarter. Barclays PLC now owns 298,263 shares of the apparel retailer's stock valued at $6,679,000 after acquiring an additional 101,795 shares during the last quarter. 97.33% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

AEO has been the subject of several research reports. Morgan Stanley dropped their price target 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. Telsey Advisory Group reduced their price objective on American Eagle Outfitters from $18.00 to $12.00 and set a "market perform" rating for the company in a research note on Thursday, March 13th. UBS Group cut their target price 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. JPMorgan Chase & Co. decreased their price target 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. Finally, Citigroup set a $13.00 price objective on shares of American Eagle Outfitters and gave the stock a "neutral" rating in a research report on Tuesday, March 11th. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and one has issued a buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $14.80.

American Eagle Outfitters Price Performance

Shares of NYSE AEO traded up $0.38 during mid-day trading on Friday, reaching $12.36. 7,086,167 shares of the company traded hands, compared to its average volume of 5,434,734. The stock has a fifty day simple moving average of $11.27 and a 200-day simple moving average of $14.73. The firm has a market cap of $2.13 billion, a PE ratio of 10.56, a price-to-earnings-growth ratio of 0.82 and a beta of 1.56. American Eagle Outfitters, Inc. has a fifty-two week low of $9.45 and a fifty-two week high of $24.26.

American Eagle Outfitters Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, April 25th. Investors of record on Friday, April 11th were given a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a yield of 4.05%. The ex-dividend date of this dividend was Friday, April 11th. American Eagle Outfitters's payout ratio 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.