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

Systematic Financial Management LP lifted its holdings in shares of American Eagle Outfitters, Inc. (NYSE:AEO) by 2.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor 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 quarter.

Other institutional investors also recently modified their holdings of the company. MetLife Investment Management LLC increased its holdings in shares of American Eagle Outfitters by 0.7% in the 4th quarter. MetLife Investment Management LLC now owns 105,949 shares of the apparel retailer’s stock worth $1,766,000 after buying an additional 724 shares during the last quarter. Gallagher Fiduciary Advisors LLC grew its position in shares of American Eagle Outfitters by 5.2% in the 4th quarter. Gallagher Fiduciary Advisors LLC now owns 15,740 shares of the apparel retailer’s stock worth $262,000 after buying an additional 783 shares during the last quarter. TCM Advisors LLC grew its position in shares of American Eagle Outfitters by 2.1% in the 4th quarter. TCM Advisors LLC now owns 39,400 shares of the apparel retailer’s stock worth $657,000 after buying an additional 800 shares during the last quarter. Blue Trust Inc. grew its position in shares of American Eagle Outfitters by 95.7% in the 4th quarter. Blue Trust Inc. now owns 1,916 shares of the apparel retailer’s stock worth $32,000 after buying an additional 937 shares during the last quarter. Finally, Xponance Inc. boosted its position in shares of American Eagle Outfitters by 9.1% during the fourth quarter. Xponance Inc. now owns 13,036 shares of the apparel retailer’s stock valued at $217,000 after purchasing an additional 1,082 shares in the last quarter. 97.33% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts have issued reports on AEO shares. Telsey Advisory Group lowered 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 price target on American Eagle Outfitters from $32.00 to $28.00 and set a “buy” rating on the stock in a research note on Thursday, March 13th. Morgan Stanley lowered 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 American Eagle Outfitters from $10.00 to $9.00 and set an “underweight” rating for the company in a research report on Monday, May 12th. Finally, StockNews.com cut American Eagle Outfitters from a “buy” rating to a “hold” rating in a research report on Wednesday, March 19th. 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 stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $14.80.

American Eagle Outfitters Stock Performance

American Eagle Outfitters stock opened at $12.36 on Friday. The stock has a fifty day moving average of $11.29 and a two-hundred day moving average of $14.68. The company has a market capitalization of $2.13 billion, a price-to-earnings ratio of 10.56, a PEG 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 disclosed a quarterly dividend, which was paid on Friday, April 25th. Stockholders of record on Friday, April 11th were given a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 4.05%. The ex-dividend date was Friday, April 11th. American Eagle Outfitters’s dividend payout ratio is currently 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.