EPS for American Electric Power Company Inc (AEP) Expected At $0.90

July 18, 2017 - By Migdalia James

 EPS for American Electric Power Company Inc (AEP) Expected At $0.90
Investors sentiment decreased to 0.95 in 2016 Q4. Its down 0.06, from 1.01 in 2016Q3. It worsened, 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.
Cobblestone Advsrs Limited Liability Corporation New York, a New York-based fund reported 3,239 shares. Ontario Teachers Pension Plan Board invested in 115,915 shares. Wagner Bowman Management holds 8,788 shares or 0.18% of its portfolio. First Midwest Comml Bank Tru Division holds 0.32% or 42,323 shares in its portfolio. Hirtle Callaghan & Com Ltd Liability Corporation reported 9 shares. Umb Comml Bank N A Mo holds 49,908 shares or 0.12% of its portfolio. Ajo Lp holds 0.96% in American Electric Power Company Inc (NYSE:AEP) or 3.70 million shares. Liberty Mutual Group Asset Mgmt owns 0.08% invested in American Electric Power Company Inc (NYSE:AEP) for 35,715 shares. Aviva Public Limited Com stated it has 0.13% of its portfolio in American Electric Power Company Inc (NYSE:AEP). Connecticut-based Gilman Hill Asset Management Limited Liability Company has invested 0.19% in American Electric Power Company Inc (NYSE:AEP). 131 were reported by Jnba Advisors. Calamos Limited Liability invested 0.03% of its portfolio in American Electric Power Company Inc (NYSE:AEP). Mark Sheptoff Planning Ltd Liability Co holds 0.15% or 3,150 shares. Crawford Inv Counsel has 3,604 shares for 0.01% of their portfolio. Cambridge has invested 0.02% in American Electric Power Company Inc (NYSE:AEP).

Since February 23, 2017, it had 0 insider buys, and 2 insider sales for $162,299 activity. Barton Lisa M also sold $86,593 worth of American Electric Power Company Inc (NYSE:AEP) on Thursday, February 23.

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 2.89M 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. As per Monday, June 26, the company rating was downgraded by Goldman Sachs. The stock of American Electric Power Company Inc (NYSE:AEP) has “Outperform” rating given on Tuesday, January 10 by Wells Fargo. On Thursday, October 13 the stock rating was maintained by RBC Capital Markets with “Sector Perform”. The company was maintained on Thursday, April 28 by Barclays Capital. As per Wednesday, November 2, the company rating was downgraded by Evercore. arc maintained American Electric Power Company Inc (NYSE:AEP) rating on Thursday, September 3. arc has “Overweight” rating and $61 target. The company was maintained on Wednesday, July 20 by Citigroup. As per Friday, July 29, the company rating was maintained by Jefferies. The firm earned “Buy” rating on Monday, October 19 by SunTrust. Mizuho initiated it with “Buy” rating and $65 target in Tuesday, August 18 report.

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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