Systematic Financial Management LP Increases Holdings in American Eagle Outfitters, Inc. (NYSE:AEO)

Systematic Financial Management LP raised its position in American Eagle Outfitters, Inc. (NYSE:AEO - Free Report) by 2.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,435,128 shares of the apparel retailer's stock after buying an additional 40,961 shares during the quarter. Systematic Financial Management LP owned about 0.75% of American Eagle Outfitters worth $23,924,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Blue Trust Inc. raised its stake in American Eagle Outfitters by 95.7% in the 4th quarter. Blue Trust Inc. now owns 1,916 shares of the apparel retailer's stock valued at $32,000 after acquiring an additional 937 shares during the period. Huntington National Bank increased its stake in shares of American Eagle Outfitters by 258.8% in the fourth quarter. Huntington National Bank now owns 2,045 shares of the apparel retailer's stock worth $34,000 after purchasing an additional 1,475 shares in the last quarter. Principal Securities Inc. raised its position in shares of American Eagle Outfitters by 2,239.1% in the fourth quarter. Principal Securities Inc. now owns 2,573 shares of the apparel retailer's stock valued at $43,000 after purchasing an additional 2,463 shares during the period. Park Place Capital Corp bought a new stake in shares of American Eagle Outfitters in the fourth quarter valued at approximately $45,000. Finally, Smartleaf Asset Management LLC lifted its stake in shares of American Eagle Outfitters by 137.5% during the 4th 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 in the last quarter. Hedge funds and other institutional investors own 97.33% of the company's stock.

American Eagle Outfitters Stock Down 3.6%

Shares of NYSE:AEO traded down $0.43 on Tuesday, hitting $11.45. The company had a trading volume of 9,150,115 shares, compared to its average volume of 5,476,248. 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 simple moving average is $11.30 and its two-hundred day simple moving average is $14.56. The firm has a market capitalization of $1.98 billion, a price-to-earnings ratio of 9.79, a P/E/G ratio of 0.82 and a beta of 1.56.

American Eagle Outfitters Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 25th. Shareholders 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 annualized dividend and a yield of 4.37%. American Eagle Outfitters's payout ratio is 29.76%.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on AEO shares. Citigroup set a $13.00 price objective on shares of American Eagle Outfitters and gave the company a "neutral" rating in a research note on Tuesday, March 11th. Bank of America decreased their price objective on American Eagle Outfitters from $18.00 to $13.00 and set a "neutral" rating on the stock in a research note on Friday, March 14th. StockNews.com cut American Eagle Outfitters from a "buy" rating to a "hold" rating in a report on Wednesday, March 19th. BMO Capital Markets reduced their target price on American Eagle Outfitters from $15.00 to $11.00 and set a "market perform" rating for the company in a report on Wednesday, May 14th. Finally, UBS Group decreased their price target on 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. One investment 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 data from MarketBeat, American Eagle Outfitters presently has a consensus rating of "Hold" and an average price target 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.