Traders purchased shares of American Electric Power Company Inc (NYSE:AEP) on weakness during trading on Friday. $63.74 million flowed into the stock on the tick-up and $22.03 million flowed out of the stock on the tick-down, for a money net flow of $41.71 million into the stock. Of all equities tracked, American Electric Power had the 30th highest net in-flow for the day. American Electric Power traded down ($0.28) for the day and closed at $74.44

Several equities analysts have commented on the company. Zacks Investment Research cut American Electric Power from a “buy” rating to a “hold” rating in a report on Tuesday, December 11th. Mizuho cut American Electric Power from a “buy” rating to a “neutral” rating and set a $72.00 target price for the company. in a report on Thursday, January 3rd. They noted that the move was a valuation call. Guggenheim cut American Electric Power from a “buy” rating to a “neutral” rating in a report on Monday. They noted that the move was a valuation call. ValuEngine raised American Electric Power from a “hold” rating to a “buy” rating in a report on Wednesday, October 24th. Finally, Barclays increased their target price on American Electric Power from $81.00 to $84.00 and gave the stock a “buy” rating in a report on Monday, November 19th. Seven equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. American Electric Power currently has a consensus rating of “Buy” and a consensus target price of $76.41.

The stock has a market capitalization of $36.18 billion, a P/E ratio of 20.23, a P/E/G ratio of 3.11 and a beta of 0.10. The company has a quick ratio of 0.46, a current ratio of 0.56 and a debt-to-equity ratio of 1.10.

American Electric Power (NYSE:AEP) last released its quarterly earnings results on Thursday, October 25th. The utilities provider reported $1.26 EPS for the quarter, topping the Zacks’ consensus estimate of $1.21 by $0.05. The business had revenue of $4.30 billion for the quarter, compared to analyst estimates of $4.26 billion. American Electric Power had a return on equity of 10.78% and a net margin of 12.14%. During the same period in the prior year, the company earned $1.10 EPS. Equities analysts forecast that American Electric Power Company Inc will post 3.95 EPS for the current year.

In other American Electric Power news, insider Lisa M. Barton sold 881 shares of the stock in a transaction on Tuesday, November 20th. The stock was sold at an average price of $77.55, for a total value of $68,321.55. Following the transaction, the insider now directly owns 581 shares in the company, valued at approximately $45,056.55. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Paul Chodak III sold 847 shares of the stock in a transaction on Wednesday, November 14th. The shares were sold at an average price of $76.47, for a total value of $64,770.09. The disclosure for this sale can be found here. 0.16% of the stock is owned by corporate insiders.

A number of institutional investors and hedge funds have recently made changes to their positions in AEP. Arlington Partners LLC acquired a new stake in American Electric Power during the 4th quarter worth $30,000. SevenBridge Financial Group LLC acquired a new stake in American Electric Power during the 3rd quarter worth $136,000. Private Capital Group LLC raised its stake in American Electric Power by 83.9% during the 3rd quarter. Private Capital Group LLC now owns 2,082 shares of the utilities provider’s stock worth $147,000 after buying an additional 950 shares during the period. Girard Partners LTD. acquired a new stake in shares of American Electric Power in the 3rd quarter valued at about $156,000. Finally, Belpointe Asset Management LLC acquired a new stake in shares of American Electric Power in the 3rd quarter valued at about $162,000. Hedge funds and other institutional investors own 72.66% of the company’s stock.

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American Electric Power Company Profile (NYSE:AEP)

American Electric Power Company, Inc, an electric public utility holding company, engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers in the United States. The company generates electricity using coal and lignite, natural gas, nuclear, hydroelectric, solar, wind, and other energy sources.

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