Fluent Monetary LLC trimmed its holdings in shares of American Electrical Energy Firm, Inc. (NASDAQ:AEP – Free Report) by 17.5% in the course of the third quarter, in keeping with its most up-to-date 13F submitting with the SEC. The institutional investor owned 46,451 shares of the corporate’s inventory after promoting 9,833 shares in the course of the interval. American Electrical Energy makes up 2.3% of Fluent Monetary LLC’s funding portfolio, making the inventory its thirteenth largest holding. Fluent Monetary LLC’s holdings in American Electrical Energy have been value $4,766,000 as of its most up-to-date SEC submitting.
A number of different massive buyers additionally not too long ago modified their holdings of the inventory. HHM Wealth Advisors LLC raised its stake in American Electrical Energy by 57.2% in the course of the 2nd quarter. HHM Wealth Advisors LLC now owns 283 shares of the corporate’s inventory value $25,000 after shopping for an extra 103 shares in the course of the interval. E Fund Administration Co. Ltd. elevated its holdings in shares of American Electrical Energy by 2.0% in the course of the second quarter. E Fund Administration Co. Ltd. now owns 5,286 shares of the corporate’s inventory valued at $464,000 after buying an extra 105 shares within the final quarter. Financial institution of Stockton raised its place in shares of American Electrical Energy by 2.2% in the course of the second quarter. Financial institution of Stockton now owns 5,062 shares of the corporate’s inventory value $444,000 after buying an extra 111 shares in the course of the interval. Richardson Monetary Providers Inc. lifted its holdings in shares of American Electrical Energy by 3.9% within the 1st quarter. Richardson Monetary Providers Inc. now owns 3,084 shares of the corporate’s inventory value $266,000 after buying an extra 115 shares within the final quarter. Lastly, Addison Advisors LLC grew its place in American Electrical Energy by 14.8% within the 2nd quarter. Addison Advisors LLC now owns 902 shares of the corporate’s inventory valued at $79,000 after buying an extra 116 shares in the course of the interval. Institutional buyers and hedge funds personal 75.24% of the corporate’s inventory.
Analysts Set New Worth Targets
A number of analysis corporations have weighed in on AEP. Jefferies Monetary Group initiated protection on shares of American Electrical Energy in a report on Friday, September twentieth. They set a “maintain” ranking and a $107.00 value goal on the inventory. Scotiabank raised their value goal on shares of American Electrical Energy from $99.00 to $108.00 and gave the corporate a “sector outperform” ranking in a analysis report on Tuesday, August twentieth. BMO Capital Markets lifted their value goal on American Electrical Energy from $109.00 to $114.00 and gave the corporate an “outperform” ranking in a analysis observe on Thursday. JPMorgan Chase & Co. elevated their value goal on American Electrical Energy from $101.00 to $108.00 and gave the inventory an “chubby” ranking in a analysis observe on Wednesday, August seventh. Lastly, Guggenheim lifted their goal value on American Electrical Energy from $81.00 to $83.00 and gave the corporate a “impartial” ranking in a analysis report on Monday, July twenty second. Two analysis analysts have rated the inventory with a promote ranking, seven have assigned a maintain ranking and 6 have given a purchase ranking to the inventory. Based mostly on knowledge from MarketBeat, the inventory presently has a mean ranking of “Maintain” and a mean value goal of $96.79.
View Our Newest Inventory Evaluation on AEP
American Electrical Energy Inventory Efficiency
Shares of NASDAQ AEP traded down $1.09 throughout mid-day buying and selling on Friday, reaching $100.28. 1,900,833 shares of the corporate’s inventory have been exchanged, in comparison with its common quantity of three,178,522. The agency has a market capitalization of $52.86 billion, a price-to-earnings ratio of 18.60, a price-to-earnings-growth ratio of two.93 and a beta of 0.54. The agency has a 50-day shifting common value of $100.29 and a two-hundred day shifting common value of $92.11. 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 Firm, Inc. has a 52 week low of $69.38 and a 52 week excessive of $105.18.
American Electrical Energy (NASDAQ:AEP – Get Free Report) final launched its earnings outcomes on Tuesday, July thirtieth. The corporate reported $1.25 earnings per share for the quarter, beating analysts’ consensus estimates of $1.23 by $0.02. American Electrical Energy had a internet margin of 13.52% and a return on fairness of 11.31%. The agency had income of $4.60 billion for the quarter, in comparison with analysts’ expectations of $4.74 billion. Throughout the identical interval within the earlier 12 months, the corporate earned $1.13 earnings per share. The corporate’s quarterly income was up 4.5% on a year-over-year foundation. Analysts predict that American Electrical Energy Firm, Inc. will submit 5.6 EPS for the present 12 months.
American Electrical Energy Dividend Announcement
The corporate additionally not too long ago introduced a quarterly dividend, which was paid on Tuesday, September tenth. Shareholders of document on Friday, August ninth have been paid a $0.88 dividend. The ex-dividend date of this dividend was Friday, August ninth. This represents a $3.52 annualized dividend and a dividend yield of three.51%. American Electrical Energy’s payout ratio is presently 65.31%.
American Electrical Energy Profile
American Electrical Energy Firm, Inc, an electrical public utility holding firm, engages within the technology, transmission, and distribution of electrical energy on the market to retail and wholesale clients in the USA. It operates by Vertically Built-in Utilities, Transmission and Distribution Utilities, AEP Transmission Holdco, and Era & Advertising segments.
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