Procyon Advisors LLC decreased its holdings in shares of American Electrical Energy Firm, Inc. (NASDAQ:AEP – Free Report) by 10.4% throughout the third quarter, in response to the corporate in its most up-to-date 13F submitting with the Securities & Trade Fee. The fund owned 7,913 shares of the corporate’s inventory after promoting 921 shares throughout the quarter. Procyon Advisors LLC’s holdings in American Electrical Energy had been price $812,000 as of its most up-to-date SEC submitting.
Different hedge funds additionally just lately modified their holdings of the corporate. HHM Wealth Advisors LLC elevated its stake in shares of American Electrical Energy by 57.2% throughout the 2nd quarter. HHM Wealth Advisors LLC now owns 283 shares of the corporate’s inventory price $25,000 after buying an extra 103 shares over the last quarter. Denali Advisors LLC acquired a brand new place in shares of American Electrical Energy throughout the 1st quarter price $26,000. Rise Advisors LLC acquired a brand new place in shares of American Electrical Energy throughout the 1st quarter price $27,000. LRI Investments LLC grew its stake in American Electrical Energy by 935.9% within the 2nd quarter. LRI Investments LLC now owns 404 shares of the corporate’s inventory valued at $35,000 after shopping for an extra 365 shares over the last quarter. Lastly, Briaud Monetary Planning Inc grew its stake in American Electrical Energy by 52.1% within the 2nd quarter. Briaud Monetary Planning Inc now owns 438 shares of the corporate’s inventory valued at $38,000 after shopping for an extra 150 shares over the last quarter. Institutional traders and hedge funds personal 75.24% of the corporate’s inventory.
Analyst Upgrades and Downgrades
A lot of analysis analysts just lately issued stories on the inventory. Scotiabank raised their goal value on shares of American Electrical Energy from $99.00 to $108.00 and gave the corporate a “sector outperform” ranking in a analysis notice on Tuesday, August twentieth. BMO Capital Markets raised their goal value on shares of American Electrical Energy from $109.00 to $114.00 and gave the corporate an “outperform” ranking in a analysis notice on Thursday, October third. Barclays raised their goal value on shares of American Electrical Energy from $96.00 to $100.00 and gave the corporate an “equal weight” ranking in a analysis notice on Tuesday. Morgan Stanley raised their goal value on shares of American Electrical Energy from $102.00 to $108.00 and gave the corporate an “obese” ranking in a analysis notice on Wednesday, September twenty fifth. Lastly, Jefferies Monetary Group began protection on shares of American Electrical Energy in a analysis notice on Friday, September twentieth. They issued a “maintain” ranking and a $107.00 goal value on the inventory. Two equities analysis analysts have rated the inventory with a promote ranking, seven have given a maintain ranking and 6 have assigned a purchase ranking to the corporate. Based on information from MarketBeat, the inventory has a consensus ranking of “Maintain” and a median goal value of $97.07.
Learn Our Newest Analysis Report on American Electrical Energy
American Electrical Energy Inventory Efficiency
NASDAQ AEP opened at $99.66 on Wednesday. The corporate’s fifty day transferring common is $100.27 and its two-hundred day transferring common is $93.06. The agency has a market capitalization of $52.53 billion, a price-to-earnings ratio of 18.49, a P/E/G ratio of two.79 and a beta of 0.54. American Electrical Energy Firm, Inc. has a 52-week low of $72.01 and a 52-week excessive of $105.18. The corporate has a debt-to-equity ratio of 1.53, a present ratio of 0.65 and a fast ratio of 0.48.
American Electrical Energy (NASDAQ:AEP – Get Free Report) final launched its quarterly earnings information on Tuesday, July thirtieth. The corporate reported $1.25 EPS for the quarter, topping analysts’ consensus estimates of $1.23 by $0.02. The corporate had income of $4.60 billion throughout the quarter, in comparison with the consensus estimate of $4.74 billion. American Electrical Energy had a internet margin of 13.52% and a return on fairness of 11.31%. The agency’s income for the quarter was up 4.5% in comparison with the identical quarter final yr. Throughout the identical interval final yr, the agency earned $1.13 EPS. Equities analysis analysts forecast that American Electrical Energy Firm, Inc. will put up 5.6 EPS for the present yr.
American Electrical Energy Proclaims Dividend
The agency additionally just lately disclosed a quarterly dividend, which was paid on Tuesday, September tenth. Stockholders of report on Friday, August ninth had been issued a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized foundation and a dividend yield of three.53%. The ex-dividend date of this dividend was Friday, August ninth. American Electrical Energy’s payout ratio is 65.31%.
American Electrical Energy Profile
American Electrical Energy Firm, Inc, an electrical public utility holding firm, engages within the era, transmission, and distribution of electrical energy on the market to retail and wholesale prospects in the USA. It operates by way of Vertically Built-in Utilities, Transmission and Distribution Utilities, AEP Transmission Holdco, and Era & Advertising segments.
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