Graypoint LLC grew its holdings in American Electrical Energy Firm, Inc. (NASDAQ:AEP – Free Report) by 4.5% within the third quarter, in line with its most up-to-date 13F submitting with the Securities and Change Fee (SEC). The agency owned 5,070 shares of the corporate’s inventory after shopping for a further 220 shares throughout the quarter. Graypoint LLC’s holdings in American Electrical Energy had been value $520,000 on the finish of the newest quarter.
Different institutional buyers have additionally lately modified their holdings of the corporate. HHM Wealth Advisors LLC elevated its holdings in American Electrical Energy by 57.2% within the second quarter. HHM Wealth Advisors LLC now owns 283 shares of the corporate’s inventory valued at $25,000 after shopping for a further 103 shares within the final quarter. E Fund Administration Co. Ltd. elevated its stake in American Electrical Energy by 2.0% within the 2nd quarter. E Fund Administration Co. Ltd. now owns 5,286 shares of the corporate’s inventory valued at $464,000 after buying a further 105 shares within the final quarter. Garrison Asset Administration LLC raised its holdings in American Electrical Energy by 0.6% throughout the third quarter. Garrison Asset Administration LLC now owns 19,009 shares of the corporate’s inventory value $1,950,000 after buying a further 109 shares over the last quarter. Roanoke Asset Administration Corp NY boosted its place in American Electrical Energy by 2.2% throughout the third quarter. Roanoke Asset Administration Corp NY now owns 5,025 shares of the corporate’s inventory value $516,000 after buying a further 110 shares within the final quarter. Lastly, Financial institution of Stockton grew its holdings in American Electrical Energy by 2.2% within the second quarter. Financial institution of Stockton now owns 5,062 shares of the corporate’s inventory valued at $444,000 after buying a further 111 shares over the last quarter. 75.24% of the inventory is at present owned by hedge funds and different institutional buyers.
American Electrical Energy Inventory Up 1.0 %
Shares of NASDAQ:AEP opened at $96.40 on Friday. The corporate has a present ratio of 0.65, a fast ratio of 0.48 and a debt-to-equity ratio of 1.53. The agency has a market cap of $51.30 billion, a price-to-earnings ratio of 19.20, a PEG ratio of two.81 and a beta of 0.55. The inventory’s 50-day transferring common value is $100.59 and its two-hundred day transferring common value is $94.79. American Electrical Energy Firm, Inc. has a 12-month low of $74.97 and a 12-month excessive of $105.18.
American Electrical Energy Will increase Dividend
The enterprise additionally lately introduced a quarterly dividend, which will likely be paid on Tuesday, December tenth. Traders of document on Friday, November eighth will likely be given a $0.93 dividend. The ex-dividend date is Friday, November eighth. This can be a enhance from American Electrical Energy’s earlier quarterly dividend of $0.88. This represents a $3.72 annualized dividend and a dividend yield of three.86%. American Electrical Energy’s dividend payout ratio (DPR) is at present 70.12%.
Wall Road Analyst Weigh In
AEP has been the topic of a number of analysis reviews. Morgan Stanley lifted their value goal on American Electrical Energy from $102.00 to $108.00 and gave the inventory an “chubby” score in a analysis word on Wednesday, September twenty fifth. Wells Fargo & Firm lower their goal value on shares of American Electrical Energy from $104.00 to $102.00 and set an “equal weight” score for the corporate in a analysis report on Thursday. Financial institution of America elevated their value goal on shares of American Electrical Energy from $97.00 to $98.00 and gave the corporate an “underperform” score in a analysis report on Thursday, August twenty ninth. Scotiabank raised their value goal on shares of American Electrical Energy from $99.00 to $108.00 and gave the inventory a “sector outperform” score in a analysis word on Tuesday, August twentieth. Lastly, JPMorgan Chase & Co. upped their goal value on American Electrical Energy from $108.00 to $112.00 and gave the corporate an “chubby” score in a analysis word on Friday, October 18th. Two analysis analysts have rated the inventory with a promote score, eight have assigned a maintain score and 6 have assigned a purchase score to the inventory. In line with knowledge from MarketBeat, the inventory presently has a median score of “Maintain” and a consensus goal value of $98.27.
Learn Our Newest Inventory Evaluation on American Electrical Energy
About American Electrical Energy
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 US. It operates via Vertically Built-in Utilities, Transmission and Distribution Utilities, AEP Transmission Holdco, and Technology & Advertising segments.
Additional Studying
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