American Eagle Outfitters, Inc. (NYSE:AEO) Stock Holdings Lifted by Tower Research Capital LLC TRC

Tower Research Capital LLC TRC boosted its position in American Eagle Outfitters, Inc. (NYSE:AEO) by 451.7% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 6,273 shares of the apparel retailer’s stock after purchasing an additional 5,136 shares during the quarter. Tower Research Capital LLC TRC’s holdings in American Eagle Outfitters were worth $84,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. State of Wyoming bought a new stake in American Eagle Outfitters in the 4th quarter valued at about $27,000. Belpointe Asset Management LLC bought a new stake in American Eagle Outfitters in the 4th quarter valued at about $29,000. Canada Pension Plan Investment Board bought a new stake in American Eagle Outfitters in the 1st quarter valued at about $37,000. Asset Management One Co. Ltd. bought a new stake in American Eagle Outfitters in the 1st quarter valued at about $50,000. Finally, Quadrant Capital Group LLC lifted its position in American Eagle Outfitters by 163.1% in the 4th quarter. Quadrant Capital Group LLC now owns 6,236 shares of the apparel retailer’s stock valued at $87,000 after purchasing an additional 3,866 shares during the last quarter. 90.10% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on AEO shares. JPMorgan Chase & Co. lifted their price objective on shares of American Eagle Outfitters from $14.00 to $15.00 in a research report on Monday, May 8th. BMO Capital Markets lowered their target price on shares of American Eagle Outfitters from $14.00 to $10.00 in a research note on Thursday, May 25th. Citigroup raised their target price on shares of American Eagle Outfitters from $13.00 to $17.00 in a research note on Friday. Deutsche Bank Aktiengesellschaft lowered their target price on shares of American Eagle Outfitters from $17.00 to $14.00 in a research note on Thursday, May 25th. Finally, Barclays raised their target price on shares of American Eagle Outfitters from $18.00 to $19.00 in a research note on Friday, August 4th. One analyst has rated the stock with a sell rating, eight have given a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $14.42.

American Eagle Outfitters Stock Performance

Shares of AEO opened at $17.36 on Tuesday. The firm’s 50 day moving average is $14.11 and its 200-day moving average is $13.36. The stock has a market capitalization of $3.43 billion, a P/E ratio of 31.56, a P/E/G ratio of 1.72 and a beta of 1.52. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.58 and a quick ratio of 0.70. American Eagle Outfitters, Inc. has a 12-month low of $9.46 and a 12-month high of $17.39.

American Eagle Outfitters Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, July 21st. Shareholders of record on Friday, July 7th were issued a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 2.30%. The ex-dividend date was Thursday, July 6th. American Eagle Outfitters’s payout ratio is 72.73%.

About American Eagle Outfitters

American Eagle Outfitters, Inc operates as a specialty retailer that provides clothing, accessories, and personal care products under the American Eagle and Aerie brands in the United States and internationally. The company provides jeans, apparel and accessories, and personal care products for women and men; and intimates, apparel, activewear, and swim collections.