Analysts See $1.15 EPS for American Electric Power Company, Inc. (AEP)

September 22, 2018 - By Anthony Romero

American Electric Power Company, Inc. (NYSE:AEP) LogoInvestors sentiment decreased to 0.78 in Q2 2018. Its down 0.10, from 0.88 in 2018Q1. It fall, as 47 investors sold American Electric Power Company, Inc. shares while 293 reduced holdings. 64 funds opened positions while 200 raised stakes. 348.34 million shares or 0.11% more from 347.97 million shares in 2018Q1 were reported.
Investment House Ltd Co stated it has 0.06% in American Electric Power Company, Inc. (NYSE:AEP). Nuveen Asset Mngmt Lc has invested 0.12% in American Electric Power Company, Inc. (NYSE:AEP). Columbia Asset Management has 0.29% invested in American Electric Power Company, Inc. (NYSE:AEP) for 14,617 shares. Hsbc Public Limited Co invested in 515,361 shares or 0.06% of the stock. Pictet Asset Management Limited reported 3.03 million shares stake. Livforsakringsbolaget Skandia Omsesidigt invested in 0.06% or 8,878 shares. D E Shaw & owns 1.63 million shares. Bessemer stated it has 4,322 shares. Boys Arnold Inc holds 0.28% in American Electric Power Company, Inc. (NYSE:AEP) or 27,257 shares. Jpmorgan Chase & has 6.65 million shares. Brown Advisory holds 9,167 shares or 0% of its portfolio. Clifford Swan Inv Counsel Lc, a California-based fund reported 4,046 shares. Pittenger Anderson holds 29,700 shares or 0.18% of its portfolio. Cobblestone Cap Ltd Llc New York has invested 0.02% in American Electric Power Company, Inc. (NYSE:AEP). Aqr Cap Mgmt Lc reported 1.79 million shares stake.

Since May 4, 2018, it had 0 buys, and 1 insider sale for $50,203 activity.

Analysts expect American Electric Power Company, Inc. (NYSE:AEP) to report $1.15 EPS on October, 25.They anticipate $0.05 EPS change or 4.55 % from last quarter’s $1.1 EPS. AEP’s profit would be $566.87 million giving it 15.52 P/E if the $1.15 EPS is correct. After having $1.01 EPS previously, American Electric Power Company, Inc.’s analysts see 13.86 % EPS growth. The stock increased 0.45% or $0.32 during the last trading session, reaching $71.4. About 4.34 million shares traded or 71.54% up from the average. American Electric Power Company, Inc. (NYSE:AEP) has declined 0.82% since September 23, 2017 and is downtrending. It has underperformed by 16.44% the S&P500.

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

Among 10 analysts covering American Electric Power (NYSE:AEP), 7 have Buy rating, 0 Sell and 3 Hold. Therefore 70% are positive. American Electric Power had 16 analyst reports since April 10, 2018 according to SRatingsIntel. The rating was maintained by JP Morgan with “Neutral” on Tuesday, April 10. Morgan Stanley maintained the stock with “Overweight” rating in Monday, July 16 report. The firm has “Overweight” rating by Morgan Stanley given on Wednesday, June 13. The firm has “Neutral” rating by Citigroup given on Monday, September 10. The stock has “Overweight” rating by KeyBanc Capital Markets on Thursday, July 19. The company was upgraded on Monday, September 10 by Guggenheim. Wells Fargo maintained American Electric Power Company, Inc. (NYSE:AEP) on Monday, September 17 with “Outperform” rating. As per Monday, April 16, the company rating was maintained by Morgan Stanley. KeyBanc Capital Markets maintained American Electric Power Company, Inc. (NYSE:AEP) on Wednesday, April 18 with “Overweight” rating. The rating was maintained by Morgan Stanley on Tuesday, September 11 with “Overweight”.

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 market cap of $35.20 billion. The firm generates electricity using coal and lignite, natural gas, nuclear, hydroelectric, solar, wind, and other energy sources. It has a 18.26 P/E ratio. It also supplies and markets electric power at wholesale to other electric utility companies, rural electric cooperatives, municipalities, and other market participants.

More recent American Electric Power Company, Inc. (NYSE:AEP) news were published by: Prnewswire.com which released: “AEP Recognized As A Top 10 Utility For Economic Development” on September 17, 2018. Also Csrwire.com published the news titled: “AEP Releases ESG/Sustainability Report as Part of Industry Initiative” on August 30, 2018. Seekingalpha.com‘s news article titled: “FuelCell sells project to AEP” with publication date: August 30, 2018 was also an interesting one.

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

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