Published: Sun, January 14, 2018
Business | By Tara Barton

American Electric Power Company, Inc. (AEP)- Stocks Shining Bright on Wall Street

American Electric Power Company, Inc. (AEP)- Stocks Shining Bright on Wall Street

The stock of Harris Corporation (NYSE:HRS) earned "Buy" rating by Cowen & Co on Tuesday, August 1. The company has market cap of $1.56 billion.

Tightening the gaze, stock performance for the last 5 trading days is -4.72%. This will give analytical advantage to a shorter-term trader since it pursues the price more intimately, and consequently produces less "lag" as comparison to the longer-term moving average. It is down 0.00% since January 12, 2017 and is.

Session activity on American Electric Power Company, Inc.(NYSE:AEP) stock is placing it on today's most active list. Sawtooth Solutions LLC now owns 4,008 shares of the utilities provider's stock valued at $278,000 after acquiring an additional 216 shares in the last quarter. The institutional investor held 678,775 shares of the specialty insurers company at the end of 2017Q3, valued at $99.16M, down from 681,581 at the end of the previous reported quarter. Capital Research Global Investors who had been investing in American Electric Power Co Inc for a number of months, seems to be bullish on the $33.18 billion market cap company. The stock decreased 0.82% or $0.565 during the last trading session, reaching $68.165.

Zacks Investment Management increased its stake in American Electric Power Company, Inc. It has underperformed by 9.07% the S&P500. Qs Lc owns 2,774 shares or 0% of their U.S. portfolio. It also reduced its holding in Tarena International Inc Cl A Adr (NASDAQ:TEDU) by 626,927 shares in the quarter, leaving it with 219,147 shares, and cut its stake in Medtronic Plc (NYSE:MDT). The company's revenue for the quarter was down 12.8% compared to the same quarter last year. analysts anticipate that American Electric Power will post 3.61 earnings per share for the current fiscal year. One analyst has rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company. Therefore 89% are positive.

Crow Point Partners Llc holds 3.33% of its portfolio in American Electric Power Company, Inc. for 295,000 shares. The stock of American Electric Power Company, Inc. (NYSE:AEP) for 129 shares. As per Thursday, November 3, the company rating was maintained by Shore Capital. The firm has "Buy" rating given on Monday, December 4 by SunTrust. The stock has "Hold" rating by Deutsche Bank on Wednesday, July 20. Bank of America upgraded the stock to "Neutral" rating in Monday, November 21 report. The company was maintained on Friday, October 27 by UBS. The company was downgraded on Monday, June 26 by Goldman Sachs. Morgan Stanley maintained American Electric Power Company, Inc. (NYSE:AEP) opened at 63.34 on Wednesday.

Kentucky Power’s Kevin Griffith worked to restore power in Miami following Hurricane Irma
Kentucky Power’s Kevin Griffith worked to restore power in Miami following Hurricane Irma

Investors sentiment increased to 1.13 in Q3 2017. Its up 0.04, from 1.09 in 2017Q2. Sold All: 47 Reduced: 241 Increased: 254 New Position: 70.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in AEP. American Electric Power has an average rating of Hold and a consensus target price of $75.08. (NYSE:AEP). Fmr Ltd Liability Company owns 1.62 million shares. Gamco Invsts Et Al reported 623,922 shares stake. Community Bancorp Na holds 0.06% of its portfolio in American Electric Power Company, Inc. The company has a quick ratio of 0.63, a current ratio of 0.92 and a debt-to-equity ratio of 0.63. Parsec Financial invested in 2,990 shares or 0.03% of the stock. Northcoast Asset Mgmt owns 0.26% invested in Loews Corporation (NYSE:L) for 46,871 shares. Capital Invsts reported 420,000 shares or 0.04% of all its holdings. Greenleaf Trust bought 5,459 shares as the company's stock rose 7.19% with the market. Ny State Teachers Retirement Systems holds 0.14% or 782,990 shares in its portfolio.

Cbre Clarion Securities Llc, which manages about $22.77 billion and $9.03 billion US Long portfolio, decreased its stake in Public Storage (NYSE:PSA) by 403,283 shares to 359,534 shares, valued at $76.94M in 2017Q3, according to the filing.

Investors sentiment decreased to 1 in 2017 Q3. Its down 0.40, from 1.24 in 2017Q2. It dropped, as 34 investors sold Loews Corporation shares while 137 reduced holdings. 78 funds opened positions while 148 raised stakes. Liberty Capital Mgmt Inc accumulated 6,600 shares. Rothschild Inv Il reported 9,290 shares. Raymond James Tru Na reported 6,525 shares or 0.01% of all its holdings. Motco has invested 0.03% in Union Pacific Corporation (NYSE:UNP). Parallax Volatility Advisers Ltd Partnership, California-based fund reported 11,842 shares. Harbour Investment Ltd Liability Corporation reported 1.42% stake. Cornerstone Advisors, a Washington-based fund reported 732 shares. (NYSE:AEP). Rockefeller Services Incorporated owns 7,550 shares. 15,620 are held by Douglass Winthrop Ltd Liability Corporation. Wellington Shields Cap Mngmt Limited Co owns 6,825 shares. Madrona Fincl Ser Limited Com has 0.24% invested in Union Pacific Corporation (NYSE:UNP). Daiwa Secs Gru Inc owns 16,550 shares for 0.01% of their portfolio.

Seattle Genetics (NASDAQ:SGEN) Rating Reiterated by Oppenheimer
It is negative, as 51 investors sold SGEN shares while 74 reduced holdings. 28 funds opened positions while 62 raised stakes. Royal Bank of Canada initiated coverage on shares of Seattle Genetics in a research report on Thursday, September 14th.

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