Point72 Asia Singapore Pte. Ltd. Makes New $322,000 Investment in American Eagle Outfitters, Inc. (NYSE:AEO)

Point72 Asia Singapore Pte. Ltd. bought a new stake in American Eagle Outfitters, Inc. (NYSE:AEO) during the 4th quarter, Holdings Channel.com reports. The institutional investor bought 19,297 shares of the apparel retailer’s stock, valued at approximately $322,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. HighTower Advisors LLC bought a new position in American Eagle Outfitters during the 4th quarter valued at about $267,000. Smartleaf Asset Management LLC increased its holdings in shares of 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 buying an additional 1,944 shares in the last quarter. Entropy Technologies LP bought a new position in shares of American Eagle Outfitters in the fourth quarter valued at approximately $378,000. US Bancorp DE boosted its holdings 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 worth $1,036,000 after acquiring an additional 58,631 shares in the last quarter. Finally, Barclays PLC grew its position in American Eagle Outfitters by 51.8% during the 3rd quarter. Barclays PLC now owns 298,263 shares of the apparel retailer’s stock worth $6,679,000 after acquiring an additional 101,795 shares during the last quarter. Institutional investors and hedge funds own 97.33% of the company’s stock.

American Eagle Outfitters Price Performance

Shares of NYSE AEO opened at $12.00 on Friday. The company’s 50 day simple moving average is $11.27 and its 200 day simple moving average is $14.73. American Eagle Outfitters, Inc. has a fifty-two week low of $9.45 and a fifty-two week high of $24.26. The firm has a market capitalization of $2.07 billion, a P/E ratio of 10.26, a P/E/G ratio of 0.82 and a beta of 1.56.

American Eagle Outfitters Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, April 25th. Stockholders of record on Friday, April 11th were paid a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 4.17%. The ex-dividend date was Friday, April 11th. American Eagle Outfitters’s dividend payout ratio (DPR) is currently 29.76%.

Analyst Ratings Changes

Several equities analysts have issued reports on AEO shares. 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 report on Wednesday. Morgan Stanley cut their price target on American Eagle Outfitters from $12.00 to $11.00 and set an “equal weight” rating for the company in a report on Tuesday, May 6th. Barclays reduced their price target on shares of American Eagle Outfitters from $10.00 to $9.00 and set an “underweight” rating on the stock in a research report on Monday. UBS Group lowered their price objective on shares of American Eagle Outfitters from $32.00 to $28.00 and set a “buy” rating for the company in a research report on Thursday, March 13th. Finally, BMO Capital Markets reduced their target price on shares of American Eagle Outfitters from $15.00 to $11.00 and set a “market perform” rating on the stock in a research report on Wednesday. One equities 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’s stock. Based on data from MarketBeat.com, the company has a consensus 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.