American Eagle Outfitters, Inc. (NYSE:AEO - Get Free Report) was the target of some unusual options trading activity on Tuesday. Traders bought 17,703 call options on the stock. This represents an increase of 95% compared to the typical daily volume of 9,066 call options.
American Eagle Outfitters Stock Up 4.6 %
Shares of AEO stock traded up $0.49 during mid-day trading on Friday, reaching $10.93. The stock had a trading volume of 15,444,484 shares, compared to its average volume of 5,000,521. The firm has a market cap of $1.88 billion, a PE ratio of 9.34, a P/E/G ratio of 0.82 and a beta of 1.40. American Eagle Outfitters has a one year low of $9.80 and a one year high of $25.50. The firm's 50 day simple moving average is $13.38 and its 200 day simple moving average is $16.79.
American Eagle Outfitters Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Friday, April 25th. Shareholders of record on Friday, April 11th will be paid 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 yield of 4.58%. American Eagle Outfitters's dividend payout ratio is currently 29.76%.
Insider Activity
In other American Eagle Outfitters news, Director Cary D. Mcmillan sold 2,999 shares of the business's stock in a transaction dated Thursday, January 16th. The stock was sold at an average price of $16.02, for a total value of $48,043.98. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 7.30% of the stock is currently owned by corporate insiders.
Institutional Investors Weigh In On American Eagle Outfitters
Institutional investors and hedge funds have recently bought and sold shares of the business. MetLife Investment Management LLC boosted its position in shares of American Eagle Outfitters by 0.7% during the 4th quarter. MetLife Investment Management LLC now owns 105,949 shares of the apparel retailer's stock valued at $1,766,000 after acquiring an additional 724 shares in the last quarter. Gallagher Fiduciary Advisors LLC boosted its holdings in American Eagle Outfitters by 5.2% during the fourth quarter. Gallagher Fiduciary Advisors LLC now owns 15,740 shares of the apparel retailer's stock valued at $262,000 after purchasing an additional 783 shares in the last quarter. TCM Advisors LLC grew its stake 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 valued at $657,000 after purchasing an additional 800 shares during the period. Blue Trust Inc. grew its stake 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 valued at $32,000 after purchasing an additional 937 shares during the period. Finally, Xponance Inc. raised its holdings in shares of American Eagle Outfitters by 9.1% in the 4th quarter. Xponance Inc. now owns 13,036 shares of the apparel retailer's stock worth $217,000 after buying an additional 1,082 shares in the last quarter. Institutional investors own 97.33% of the company's stock.
Analysts Set New Price Targets
Several brokerages recently commented on AEO. 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 note on Tuesday, March 11th. StockNews.com lowered shares of American Eagle Outfitters from a "buy" rating to a "hold" rating in a research note on Wednesday, March 19th. Bank of America reduced their price objective on shares of 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. Raymond James began coverage on American Eagle Outfitters in a report on Friday, December 13th. They set a "market perform" rating on the stock. Finally, UBS Group lowered their price objective 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. Eleven research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $16.00.
Read Our Latest Stock Analysis on AEO
About American Eagle Outfitters
(
Get Free Report)
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.
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