American Eagle Outfitters, Inc. (NYSE:AEO) Shares Acquired by Deutsche Bank AG

Deutsche Bank AG lifted its position in shares of American Eagle Outfitters, Inc. (NYSE:AEO) by 58.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 172,981 shares of the apparel retailer’s stock after buying an additional 63,794 shares during the period. Deutsche Bank AG’s holdings in American Eagle Outfitters were worth $2,884,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Dimensional Fund Advisors LP boosted its position in American Eagle Outfitters by 4.2% during the 4th quarter. Dimensional Fund Advisors LP now owns 10,223,953 shares of the apparel retailer’s stock worth $170,431,000 after purchasing an additional 413,193 shares during the period. Wellington Management Group LLP boosted its position in American Eagle Outfitters by 1.9% during the 4th quarter. Wellington Management Group LLP now owns 9,933,628 shares of the apparel retailer’s stock worth $165,594,000 after purchasing an additional 184,067 shares during the period. American Century Companies Inc. boosted its position in American Eagle Outfitters by 9.4% during the 4th quarter. American Century Companies Inc. now owns 5,505,340 shares of the apparel retailer’s stock worth $91,774,000 after purchasing an additional 472,683 shares during the period. Charles Schwab Investment Management Inc. boosted its position in American Eagle Outfitters by 15.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,877,963 shares of the apparel retailer’s stock worth $47,976,000 after purchasing an additional 381,047 shares during the period. Finally, Northern Trust Corp boosted its position in American Eagle Outfitters by 10.3% during the 4th quarter. Northern Trust Corp now owns 2,119,450 shares of the apparel retailer’s stock worth $35,331,000 after purchasing an additional 197,612 shares during the period. 97.33% of the stock is currently owned by institutional investors and hedge funds.

American Eagle Outfitters Price Performance

NYSE:AEO opened at $10.69 on Thursday. The firm has a 50-day moving average of $11.30 and a two-hundred day moving average of $14.51. The stock has a market cap of $1.84 billion, a P/E ratio of 9.13, a PEG ratio of 0.82 and a beta of 1.56. American Eagle Outfitters, Inc. has a 1-year low of $9.45 and a 1-year high of $24.26.

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 given a dividend of $0.125 per share. The ex-dividend date was Friday, April 11th. This represents a $0.50 annualized dividend and a dividend yield of 4.68%. American Eagle Outfitters’s payout ratio is 29.76%.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Bank of America decreased their price target on shares of American Eagle Outfitters from $18.00 to $13.00 and set a “neutral” rating for the company in a research report on Friday, March 14th. Citigroup set a $13.00 price target on shares of American Eagle Outfitters and gave the stock a “neutral” rating in a research report on Tuesday, March 11th. JPMorgan Chase & Co. decreased their price target on shares of American Eagle Outfitters from $10.00 to $9.00 and set a “neutral” rating for the company in a research report on Wednesday, May 14th. Morgan Stanley decreased their price target on shares of American Eagle Outfitters from $12.00 to $11.00 and set an “equal weight” rating for the company in a research report on Tuesday, May 6th. Finally, UBS Group decreased 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. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat, American Eagle Outfitters presently has an average rating of “Hold” and a consensus target price of $14.80.

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.