Were Analysts Bearish American Electric Power Company, Inc. (NYSE:AEP) This Week?

American Electric Power Company, Inc. (NYSE:AEP) Logo
Investors sentiment increased to 1.03 in Q3 2018. Its up 0.25, from 0.78 in 2018Q2. It is positive, as 30 investors sold American Electric Power Company, Inc. shares while 268 reduced holdings. 95 funds opened positions while 213 raised stakes. 343.71 million shares or 1.33% less from 348.34 million shares in 2018Q2 were reported.
Bank Of Nova Scotia holds 0.07% or 218,835 shares in its portfolio. Highland Capital Mgmt Llc has invested 0.34% in American Electric Power Company, Inc. (NYSE:AEP). Pittenger Anderson owns 29,700 shares or 0.17% of their US portfolio. Citadel Limited Liability Corp accumulated 0.14% or 4.27M shares. Supplemental Annuity Collective Of Nj holds 0.41% or 14,000 shares. Louisiana State Employees Retirement Sys holds 0.09% or 28,800 shares in its portfolio. Jaffetilchin Investment Partners Limited Liability Company holds 0.07% or 4,756 shares in its portfolio. Cornerstone Incorporated has 0.03% invested in American Electric Power Company, Inc. (NYSE:AEP) for 2,848 shares. Boston Private Wealth Limited Liability Corporation invested 0.03% in American Electric Power Company, Inc. (NYSE:AEP). Vident Investment Advisory Lc has 10,979 shares. Farmers & Merchants Invs holds 64,404 shares or 0.31% of its portfolio. Asset Mngmt One Com has 869,060 shares. Sigma Planning Corp holds 12,106 shares. Everett Harris & Ca reported 0.01% in American Electric Power Company, Inc. (NYSE:AEP). Blair William Comm Il holds 42,223 shares.

Since November 14, 2018, it had 0 insider purchases, and 2 selling transactions for $133,089 activity. 847 shares were sold by CHODAK PAUL III, worth $64,770 on Wednesday, November 14.

American Electric Power Company, Inc. (NYSE:AEP) Ratings Coverage

Among 9 analysts covering American Electric Power (NYSE:AEP), 5 have Buy rating, 0 Sell and 4 Hold. Therefore 56% are positive. American Electric Power had 14 analyst reports since July 16, 2018 according to SRatingsIntel. The firm earned “Overweight” rating on Monday, November 19 by Barclays Capital. The company was maintained on Monday, July 16 by Morgan Stanley. Wells Fargo maintained it with “Outperform” rating and $81 target in Monday, September 17 report. Morgan Stanley maintained it with “Overweight” rating and $80 target in Thursday, October 11 report. The rating was downgraded by Guggenheim on Monday, January 7 to “Neutral”. Citigroup maintained American Electric Power Company, Inc. (NYSE:AEP) rating on Monday, September 10. Citigroup has “Neutral” rating and $72 target. Goldman Sachs upgraded the shares of AEP in report on Friday, July 20 to “Buy” rating. Mizuho downgraded the shares of AEP in report on Thursday, January 3 to “Neutral” rating. The firm has “Overweight” rating by Morgan Stanley given on Friday, July 27. Guggenheim upgraded the shares of AEP in report on Monday, September 10 to “Buy” rating. Below is a list of American Electric Power Company, Inc. (NYSE:AEP) latest ratings and price target changes.

07/01/2019 Broker: Guggenheim Old Rating: Buy New Rating: Neutral Downgrade
03/01/2019 Broker: Mizuho Old Rating: Buy New Rating: Neutral Downgrade
19/11/2018 Broker: Barclays Capital Old Rating: Overweight New Rating: Overweight Old Target: $81 New Target: $84 Maintain
11/10/2018 Broker: Morgan Stanley Old Rating: Overweight New Rating: Overweight Old Target: $78 New Target: $80 Maintain
21/09/2018 Broker: Morgan Stanley Old Rating: Overweight New Rating: Overweight Old Target: $80 New Target: $78 Maintain
17/09/2018 Broker: Wells Fargo Old Rating: Outperform New Rating: Outperform Old Target: $77 New Target: $81 Maintain
11/09/2018 Broker: Morgan Stanley Old Rating: Overweight New Rating: Overweight Old Target: $76 New Target: $80 Maintain
10/09/2018 Broker: Guggenheim Old Rating: Neutral New Rating: Buy Upgrade
10/09/2018 Broker: Citigroup Old Rating: Neutral New Rating: Neutral Old Target: $71 New Target: $72 Maintain
27/07/2018 Broker: Morgan Stanley Old Rating: Overweight New Rating: Overweight Old Target: $73 New Target: $76 Maintain

The stock decreased 1.94% or $1.45 during the last trading session, reaching $72.99. About 668,934 shares traded. American Electric Power Company, Inc. (NYSE:AEP) has risen 3.59% since January 14, 2018 and is uptrending. It has outperformed by 3.59% the S&P500.

American Electric Power Company, Inc., a public utility holding company, engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale clients in the United States. The company has market cap of $35.99 billion. The firm generates electricity using coal and lignite, natural gas, nuclear, hydroelectric, solar, wind, and other energy sources. It has a 18.39 P/E ratio. It also supplies and markets electric power at wholesale to other electric utility companies, rural electric cooperatives, municipalities, and other market participants.

More notable recent American Electric Power Company, Inc. (NYSE:AEP) news were published by: Benzinga.com which released: “Benzinga’s Top Upgrades, Downgrades For January 3, 2019 – Benzinga” on January 03, 2019, also Seekingalpha.com with their article: “National Grid: Watch This Space – Seeking Alpha” published on December 16, 2018, Seekingalpha.com published: “AEP reiterates outlook for 5%-7% operating earnings growth through 2023 – Seeking Alpha” on November 12, 2018. More interesting news about American Electric Power Company, Inc. (NYSE:AEP) were released by: Seekingalpha.com and their article: “American Electric Power Provides Stability And Growth – Seeking Alpha” published on December 15, 2018 as well as Seekingalpha.com‘s news article titled: “American Electric Power declares $0.67 dividend – Seeking Alpha” with publication date: October 23, 2018.

American Electric Power Company, Inc. (NYSE:AEP) Institutional Positions Chart

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