Amundi Increases Stock Position in American Eagle Outfitters, Inc. (NYSE:AEO)

Amundi grew its position in American Eagle Outfitters, Inc. (NYSE:AEO - Free Report) by 173.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 88,172 shares of the apparel retailer's stock after buying an additional 55,964 shares during the quarter. Amundi's holdings in American Eagle Outfitters were worth $1,457,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in AEO. Blue Trust Inc. increased its position in American Eagle Outfitters by 95.7% during the 4th quarter. Blue Trust Inc. now owns 1,916 shares of the apparel retailer's stock worth $32,000 after purchasing an additional 937 shares in the last quarter. Principal Securities Inc. increased its position in American Eagle Outfitters by 2,239.1% during the 4th quarter. Principal Securities Inc. now owns 2,573 shares of the apparel retailer's stock worth $43,000 after purchasing an additional 2,463 shares in the last quarter. Park Place Capital Corp acquired a new position in American Eagle Outfitters during the 4th quarter worth approximately $45,000. Smartleaf Asset Management LLC increased its position in 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 worth $55,000 after purchasing an additional 1,944 shares in the last quarter. Finally, Advisors Asset Management Inc. increased its position in American Eagle Outfitters by 171.1% during the 3rd quarter. Advisors Asset Management Inc. now owns 2,548 shares of the apparel retailer's stock worth $57,000 after purchasing an additional 1,608 shares in the last quarter. 97.33% of the stock is currently owned by institutional investors and hedge funds.

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American Eagle Outfitters Stock Performance

Shares of NYSE:AEO traded up $0.31 during trading on Friday, reaching $12.15. The stock had a trading volume of 10,717,351 shares, compared to its average volume of 4,711,666. The firm's fifty day moving average is $14.30 and its 200 day moving average is $17.33. American Eagle Outfitters, Inc. has a 52 week low of $10.74 and a 52 week high of $26.25. The stock has a market cap of $2.33 billion, a price-to-earnings ratio of 10.38, a P/E/G ratio of 0.82 and a beta of 1.57.

American Eagle Outfitters Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, April 25th. Investors of record on Friday, April 11th will be given a dividend of $0.125 per share. The ex-dividend date is Friday, April 11th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 4.12%. American Eagle Outfitters's payout ratio is presently 29.76%.

Insider Activity at American Eagle Outfitters

In related news, Director Cary D. Mcmillan sold 2,999 shares of the business's stock in a transaction on Thursday, January 16th. The shares were sold at an average price of $16.02, for a total transaction of $48,043.98. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 7.30% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on AEO. Raymond James assumed coverage on shares of American Eagle Outfitters in a research report on Friday, December 13th. They set a "market perform" rating for the company. UBS Group reduced 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. StockNews.com lowered shares of American Eagle Outfitters from a "buy" rating to a "hold" rating in a report on Wednesday. Barclays lowered shares of American Eagle Outfitters from an "overweight" rating to an "equal weight" rating and reduced their target price for the stock from $17.00 to $10.00 in a report on Tuesday, March 11th. Finally, BMO Capital Markets reissued a "market perform" rating and set a $15.00 target price (down from $19.00) on shares of American Eagle Outfitters in a report on Tuesday, March 11th. Eleven equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $16.00.

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.