American Electric Power Company Inc (AEP) Analysts See $0.90 EPS

July 18, 2017 - By Hazel Jackson

 American Electric Power Company Inc (AEP) Analysts See $0.90 EPS
Investors sentiment decreased to 0.95 in 2016 Q4. Its down 0.06, from 1.01 in 2016Q3. It dropped, as 67 investors sold American Electric Power Company Inc shares while 269 reduced holdings. 67 funds opened positions while 253 raised stakes. 331.86 million shares or 1.65% more from 326.47 million shares in 2016Q3 were reported.
Pittenger Anderson invested 0.16% of its portfolio in American Electric Power Company Inc (NYSE:AEP). Fukoku Mutual Life Insur stated it has 158,000 shares. Synovus Fincl Corporation owns 10,096 shares or 0.01% of their US portfolio. Atwood & Palmer invested in 6,214 shares or 0.07% of the stock. Bartlett & Com Ltd Liability Corporation holds 0.01% or 2,265 shares in its portfolio. Great West Life Assurance Commerce Can has invested 0.12% of its portfolio in American Electric Power Company Inc (NYSE:AEP). Advantus Cap Management owns 117,717 shares for 0.2% of their portfolio. First Dallas Incorporated holds 0.19% or 4,425 shares. Bessemer Gp has 0.02% invested in American Electric Power Company Inc (NYSE:AEP) for 70,224 shares. Ar Asset Inc stated it has 10,000 shares. Icon Advisers owns 35,400 shares or 0.15% of their US portfolio. Proshare Advsrs Limited Liability Corporation accumulated 79,377 shares. Mitsubishi Ufj Trust & Bk Corporation owns 1.32M shares for 0.17% of their portfolio. Davenport Ltd Limited Liability Company has 0.03% invested in American Electric Power Company Inc (NYSE:AEP) for 30,184 shares. Plante Moran Fincl holds 1,910 shares or 0.07% of its portfolio.

Since February 23, 2017, it had 0 buys, and 2 sales for $162,299 activity. Another trade for 1,314 shares valued at $86,593 was made by Barton Lisa M on Thursday, February 23. $75,706 worth of American Electric Power Company Inc (NYSE:AEP) was sold by CHODAK PAUL III.

Analysts expect American Electric Power Company Inc (NYSE:AEP) to report $0.90 EPS on July, 27.They anticipate $0.05 EPS change or 5.26 % from last quarter’s $0.95 EPS. AEP’s profit would be $441.79M giving it 19.04 P/E if the $0.90 EPS is correct. After having $0.96 EPS previously, American Electric Power Company Inc’s analysts see -6.25 % EPS growth. The stock increased 0.56% or $0.38 during the last trading session, reaching $68.55. About 2.89 million shares traded or 11.15% up from the average. American Electric Power Company Inc (NYSE:AEP) has risen 7.63% since July 18, 2016 and is uptrending. It has underperformed by 9.07% the S&P500.

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

Among 17 analysts covering American Electric Power Company Inc. (NYSE:AEP), 8 have Buy rating, 0 Sell and 9 Hold. Therefore 47% are positive. American Electric Power Company Inc. had 44 analyst reports since August 18, 2015 according to SRatingsIntel. Barclays Capital maintained it with “Overweight” rating and $71 target in Friday, March 18 report. RBC Capital Markets maintained American Electric Power Company Inc (NYSE:AEP) rating on Thursday, October 13. RBC Capital Markets has “Sector Perform” rating and $67 target. The rating was downgraded by Jefferies to “Hold” on Tuesday, September 20. The rating was maintained by Barclays Capital with “Overweight” on Tuesday, December 15. The firm has “Neutral” rating given on Monday, June 26 by Goldman Sachs. The rating was maintained by Suntrust Robinson on Monday, October 19 with “Buy”. Jefferies maintained American Electric Power Company Inc (NYSE:AEP) rating on Friday, October 23. Jefferies has “Buy” rating and $66 target. UBS upgraded American Electric Power Company Inc (NYSE:AEP) on Monday, December 7 to “Buy” rating. The firm earned “Buy” rating on Friday, June 17 by Jefferies. The firm earned “Buy” rating on Thursday, September 17 by Jefferies.

American Electric Power Company, Inc. is a public utility holding firm that owns, directly or indirectly, all of the outstanding common stock of its public utility subsidiaries and varying percentages of other subsidiaries. The company has market cap of $33.65 billion. The service areas of the Company’s public utility subsidiaries cover the states of Arkansas, Indiana, Kentucky, Louisiana, Michigan, Ohio, Oklahoma, Tennessee, Texas, Virginia and West Virginia. It has a 47.88 P/E ratio. The Company’s divisions include Vertically Integrated Utilities, Transmission and Distribution Utilities, AEP Transmission Holdco, and Generation & Marketing.

More news for American Electric Power Company Inc (NYSE:AEP) were recently published by: Nasdaq.com, which released: “American Electric Power Company Stock Getting Very Oversold” on July 14, 2017. Bizjournals.com‘s article titled: “AEP planning $12 million revamp of power grid on Dublin’s west side” and published on June 30, 2017 is yet another important article.

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