American Eagle Outfitters, Inc. (NYSE:AEO) Shares Purchased by Cubist Systematic Strategies LLC

Cubist Systematic Strategies LLC lifted its position in shares of American Eagle Outfitters, Inc. (NYSE:AEO) by 868,408.0% in the 4th quarter, Holdings Channel reports. The fund owned 868,508 shares of the apparel retailer’s stock after buying an additional 868,408 shares during the period. Cubist Systematic Strategies LLC’s holdings in American Eagle Outfitters were worth $14,478,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of AEO. Bayesian Capital Management LP raised its holdings in shares of American Eagle Outfitters by 434.5% during the fourth quarter. Bayesian Capital Management LP now owns 52,528 shares of the apparel retailer’s stock valued at $876,000 after buying an additional 42,700 shares during the last quarter. Bank of America Corp DE raised its stake in American Eagle Outfitters by 24.1% during the 4th quarter. Bank of America Corp DE now owns 441,323 shares of the apparel retailer’s stock valued at $7,357,000 after acquiring an additional 85,775 shares in the last quarter. Gallagher Fiduciary Advisors LLC grew its stake in shares of American Eagle Outfitters by 5.2% in the fourth quarter. Gallagher Fiduciary Advisors LLC now owns 15,740 shares of the apparel retailer’s stock worth $262,000 after purchasing an additional 783 shares in the last quarter. Schonfeld Strategic Advisors LLC increased its holdings in shares of American Eagle Outfitters by 2,408.1% during the fourth quarter. Schonfeld Strategic Advisors LLC now owns 1,244,008 shares of the apparel retailer’s stock valued at $20,738,000 after purchasing an additional 1,194,408 shares during the period. Finally, AQR Capital Management LLC raised its stake in shares of American Eagle Outfitters by 33.9% during the fourth quarter. AQR Capital Management LLC now owns 710,242 shares of the apparel retailer’s stock valued at $11,676,000 after purchasing an additional 179,794 shares in the last quarter. Institutional investors and hedge funds own 97.33% of the company’s stock.

American Eagle Outfitters Stock Down 0.7 %

Shares of NYSE AEO opened at $11.04 on Wednesday. American Eagle Outfitters, Inc. has a 12 month low of $9.45 and a 12 month high of $25.15. The company has a market cap of $1.90 billion, a price-to-earnings ratio of 9.43, a P/E/G ratio of 0.82 and a beta of 1.56. The business has a fifty day simple moving average of $11.35 and a 200-day simple moving average of $15.10.

American Eagle Outfitters Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, April 25th. Shareholders of record on Friday, April 11th were issued a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 4.53%. The ex-dividend date was Friday, April 11th. American Eagle Outfitters’s payout ratio is 29.76%.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. JPMorgan Chase & Co. lowered their target price on shares of American Eagle Outfitters from $15.00 to $10.00 and set a “neutral” rating on the stock in a research note on Monday, April 14th. UBS Group dropped their target price on American Eagle Outfitters from $32.00 to $28.00 and set a “buy” rating on the stock in a report on Thursday, March 13th. BMO Capital Markets reaffirmed a “market perform” rating and set a $15.00 price target (down from $19.00) on shares of American Eagle Outfitters in a research note on Tuesday, March 11th. Barclays cut American Eagle Outfitters from an “overweight” rating to an “equal weight” rating and lowered their price target for the company from $17.00 to $10.00 in a research report on Tuesday, March 11th. Finally, Bank of America decreased their target price on American Eagle Outfitters from $18.00 to $13.00 and set a “neutral” rating for the company in a research note on Friday, March 14th. Eleven investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat.com, American Eagle Outfitters has an average rating of “Hold” and a consensus price target of $15.40.

About American Eagle Outfitters

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.