American Electric Power Co Inc (NYSE:AEP) Big Money Positioning Change, Sentiment at 0.88

June 27, 2018 - By Jeanette Garcia

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

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

In 2018 Q1 American Electric Power Co Inc (NYSE:AEP) big money sentiment decreased to 0.88, according to Securities and Exchange Commission filings. That’s down -0.20, from 2017Q4’s 1.08. 305 hedge funds increased or opened new holdings, while 345 sold and decreased stakes in American Electric Power Co Inc so the sentiment turned negative. 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 was flat from 1 to 1 for the same number . In total 57 funds closed positions, 288 reduced and 229 increased. Also 76 funds bought new American Electric Power Co Inc stakes.

Biggest American Electric Power Co Inc Shareholders

Rare Infrastructure Ltd owns 750,147 shares in American Electric Power Co Inc as of 2018 Q1. American Electric Power Co Inc’s shareholder Crow Point Partners Llc owns 260,000 shares as of 2018 Q1. Energy Income Partners Llc reported 1.72 million shares. The Texas-based fund Rench Wealth Management Inc. have invested about 1.8% of the institutional investor’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 equity exposure.

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 firm is worth $34.10 billion. 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.

The stock decreased 0.11% or $0.0743 during the last trading session, touching $69.2257.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 by 17.63% the S&P500.

On July, 26. Investors wait American Electric Power Company, Inc. (NYSE:AEP) to announce its quarterly earnings, according to Zacks. The earnings per share diference is $0.06 or 8.00 % up from last years number. Previous year: $0.75; Analysts forcast: $0.81. If $0.81 is reported, AEP’s profit will hit $398.94M for 21.37 P/E. -15.63 % negative EPS growth is what analysts predict. $0.96 earnings per share was published for last quarter.

First Manhattan invested in 3,993 shs or 0% of the stock. Everett Harris & Commerce Ca invested 0.01% in American Electric Power Company, Inc. (NYSE:AEP). Riggs Asset Managment has 0.02% invested in American Electric Power Company, Inc. (NYSE:AEP). Norinchukin State Bank The reported 47,683 shs stake. 35,995 are owned by Cipher Cap Lp. The United Kingdom-based Pictet Asset Limited has invested 0.47% in American Electric Power Company, Inc. (NYSE:AEP). Liberty Cap Mgmt holds 0.27% or 6,575 shs. Highstreet Asset Mgmt Inc reported 485 shs. Ruggie invested in 0.01% or 257 shs. Beese Fulmer Investment Mgmt Inc has invested 0.22% in American Electric Power Company, Inc. (NYSE:AEP). Point72 Asset Lp owns 198,900 shs or 0.06% of their US capital. Hsbc Public Limited Company reported 805,440 shs. Thompson Davis And Inc owns 957 shs for 0.17% of their capital. Utah Retirement System has 0.13% invested in American Electric Power Company, Inc. (NYSE:AEP). Maryland-based Chevy Chase Inc has invested 0.26% in American Electric Power Company, Inc. (NYSE:AEP).

American Electric Power Company, Inc. had 1 insider 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

In total 10 analysts cover American Electric Power Company Inc. (NYSE:AEP). “Buy” rating has 8, “Sell” are 0, while 2 are “Hold”. (NYSE:AEP) has 80% bullish analysts. With $79 highest and $67 lowest target price, American Electric Power Company Inc. has $73.50 average target price or 6.17% above the current ($69.2257) price. 16 are the (NYSE:AEP)’s ratings reports on 27 Jun 2018 according to StockzIntelligence Inc. On Monday, March 19 the stock of American Electric Power Company, Inc. (NYSE:AEP) earned “Buy” rating by SunTrust. On Monday, January 8 SunTrust maintained American Electric Power Company, Inc. (NYSE:AEP) with “Buy” rating. On Monday, April 16 the stock has “Overweight” rating by Morgan Stanley. On Wednesday, June 13 the stock of American Electric Power Company, Inc. (NYSE:AEP) has “Overweight” rating given by Morgan Stanley. On Wednesday, April 18 the firm earned “Overweight” rating by KeyBanc Capital Markets. On Thursday, January 18 the firm earned “Buy” rating by Deutsche Bank. The stock rating was downgraded by Guggenheim to “Sell” on Tuesday, January 2. On Monday, February 12 the company was maintained by SunTrust. On Tuesday, February 13 the stock of American Electric Power Company, Inc. (NYSE:AEP) has “Overweight” rating given by Morgan Stanley. The stock rating was maintained by Morgan Stanley with “Overweight” on Thursday, March 8.

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

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

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