American Electric Power Co Inc Q1 2018 Big Money Sentiment Better Than Expected: at 0.88

June 27, 2018 - By Nicole Mills

American Electric Power Company, Inc. (NYSE:AEP) Corporate Logo

Positions for American Electric Power Co Inc (NYSE:AEP)

“Big money sentiment for American Electric Power Co Inc (NYSE:AEP) in 2018 Q1 decreased to 0.88, according to Securities and Exchange Commission filings. So its down -0.20, from 2017Q4’s 1.08. 305 funds opened new and increased holdings, while 345 sold and trimmed stock positions in American Electric Power Co Inc so the sentiment worsened. These funds own 347.97 million shares, that’s up from 345.12 million shares in 2017Q4. Funds holding American Electric Power Co Inc in top 10 changed to 1 from 1 for the same number . 57 Investors Sold All; 288 Reduced Holdings; 229 increased holdings while 76 funds bought holdings.

Significant American Electric Power Co Inc Investors

Rare Infrastructure Ltd owns 750,147 shares in American Electric Power Co Inc as of 2018 Q1. As of 2018 Q1, 260,000 shares of American Electric Power Co Inc are owned by Crow Point Partners Llc. Also, Energy Income Partners Llc reported 1.72 million shares in American Electric Power Co Inc equivalent to 2.3% of its fund’s portfolio. The Texas-based fund Rench Wealth Management Inc. have invested about 1.8% of the investment manager’s stock portfolio in American Electric Power Co Inc. The New York-based fund F&V Capital Management Llc holds 46,942 shares or 1.76% of their fund’s portfolio.

American Electric Power Company, Inc., a public utility holding company, engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale clients in the United States.The company has $34.10 billion market cap. The firm generates electricity using coal and lignite, natural gas, nuclear, hydroelectric, solar, wind, and other energy sources.The P/E ratio is 19.23. It also supplies and markets electric power at wholesale to other electric utility companies, rural electric cooperatives, municipalities, and other market participants.

AEP is hitting $69.2257 during the last trading session, after decreased 0.11%.American Electric Power Company, Inc. has volume of 427,545 shares. Since June 27, 2017 AEP has declined 5.06% and is downtrending. AEP underperformed the S&P500 by 17.63%.

Earnings report for American Electric Power Company, Inc. (NYSE:AEP) is expected on July, 26., according to Zacks. Analysts predict $0.81 EPS. That’s $0.06 up or 8.00 % from 2017’s earnings of $0.75. AEP’s profit could hit $398.94M if the current EPS of $0.81 is accurate. After $0.96 EPS was published last quarter, analysts now see negative EPS growth of -15.63 % for American Electric Power Company, Inc..

Loring Wolcott & Coolidge Fiduciary Advsr Ltd Liability Partnership Ma holds 1,475 shs or 0% of its capital. Peregrine Asset Advisers holds 0.14% of its capital in American Electric Power Company, Inc. (NYSE:AEP) for 3,040 shs. Barrett Asset Ltd Liability Corp reported 1,650 shs or 0.01% of all its holdings. Hyman Charles D has 9,800 shs. 1.72M are owned by Energ Income Prns Lc. Washington-based Fisher Asset Mngmt has invested 0% in American Electric Power Company, Inc. (NYSE:AEP). Massmutual Tru Fsb Adv has 0% invested in American Electric Power Company, Inc. (NYSE:AEP). Cape Cod Five Cents National Bank & Trust holds 0.05% in American Electric Power Company, Inc. (NYSE:AEP) or 4,490 shs. 1,055 are owned by Cypress Cap Ltd (Wy). Texas Permanent School Fund holds 127,125 shs. Epoch Invest Prtnrs has invested 0.57% in American Electric Power Company, Inc. (NYSE:AEP). First Dallas Securities accumulated 4,175 shs. Price T Rowe Assocs Md has 0.02% invested in American Electric Power Company, Inc. (NYSE:AEP) for 2.04M shs. Rand Wealth Ltd Liability Corp accumulated 0.03% or 4,265 shs. 4,046 are held by Clifford Swan Counsel Limited Co.

American Electric Power Company, Inc. had 1 sale and 0 insider purchases since May 4, 2018. This’s net activity of $50,203.

American Electric Power Company, Inc. (NYSE:AEP) Ratings Coverage

A total of 10 analysts rate American Electric Power Company Inc. (NYSE:AEP) as follows: 8 “Buy”, 2 “Hold” and 0 “Sell”. Тherefore 80% are bullish. The firm has $79 highest and $67 lowest target. The avg target $73.50 is 6.17% above the last ($69.2257) price. (NYSE:AEP) has 16 ratings reports on 27 Jun 2018 according to StockzIntelligence. On Thursday, January 18 Deutsche Bank upgraded American Electric Power Company, Inc. (NYSE:AEP) rating. Deutsche Bank has “Buy” rating and $75.0 target. On Wednesday, April 18 the firm has “Overweight” rating given by KeyBanc Capital Markets. On Wednesday, January 17 the company was upgraded by Mizuho. On Monday, April 16 Morgan Stanley maintained American Electric Power Company, Inc. (NYSE:AEP) rating. Morgan Stanley has “Overweight” rating and $73 target. In Tuesday, February 13 report Morgan Stanley maintained it with “Overweight” rating and $71 target. On Tuesday, April 10 the rating was maintained by JP Morgan with “Neutral”. On Tuesday, January 2 the stock has “Sell” rating by Guggenheim. The stock rating was maintained by SunTrust with “Buy” on Monday, February 12. On Thursday, May 24 Argus Research maintained American Electric Power Company, Inc. (NYSE:AEP) rating. Argus Research has “Buy” rating and $79 target. On Monday, January 8 the stock of American Electric Power Company, Inc. (NYSE:AEP) has “Buy” rating given by SunTrust.

Another two news for American Electric Power Company, Inc. (NYSE:AEP) were briefly released by: Seekingalpha.com on June 24, 2018 with title “Utilities Week In Review For The Week Of June 18-22”. The other Seekingalpha.com‘s article was titled “Utilities sector upgraded at Morgan Stanley as riskier stock market looms” and released on June 18, 2018.

American Electric Power Company, Inc. (NYSE:AEP) Institutional Investors Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: