South Avenue Advisors LLC elevated its stake in shares of American Electrical Energy Firm, Inc. (NASDAQ:AEP – Get Score) by 1,317.8% within the third quarter, in line with the corporate in its most up-to-date disclosure with the Securities and Trade Fee (SEC). The agency owned 78,264 shares of the corporate’s inventory after buying an extra 72,744 shares throughout the quarter. American Electrical Energy accounts for roughly 1.7% of South Avenue Advisors LLC’s holdings, making the inventory its twenty seventh greatest place. South Avenue Advisors LLC’s holdings in American Electrical Energy have been value $6,766,000 on the finish of the newest reporting interval.
Different hedge funds have additionally lately modified their holdings of the corporate. Lazard Asset Administration LLC lifted its holdings in American Electrical Energy by 168.2% within the second quarter. Lazard Asset Administration LLC now owns 271,526 shares of the corporate’s inventory valued at $26,049,000 after buying an extra 170,304 shares throughout the interval. Retirement Methods of Alabama lifted its holdings in American Electrical Energy by 2.0% within the second quarter. Retirement Methods of Alabama now owns 170,247 shares of the corporate’s inventory valued at $16,333,000 after buying an extra 3,372 shares throughout the interval. Townsend & Associates Inc lifted its holdings in American Electrical Energy by 6.4% within the second quarter. Townsend & Associates Inc now owns 21,735 shares of the corporate’s inventory valued at $2,065,000 after buying an extra 1,305 shares throughout the interval. TIAA FSB lifted its holdings in American Electrical Energy by 2.6% within the third quarter. TIAA FSB now owns 25,996 shares of the corporate’s inventory valued at $2,247,000 after buying an extra 647 shares throughout the interval. Lastly, Hallmark Capital Administration Inc. acquired a brand new stake in American Electrical Energy within the second quarter valued at $34,000. 74.33% of the inventory is owned by institutional traders and hedge funds.
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American Electrical Energy Value Efficiency
American Electrical Energy inventory traded down $0.57 throughout noon buying and selling on Thursday, reaching $91.88. 19,347 shares of the corporate have been exchanged, in comparison with its common quantity of two,979,067. The corporate has a market capitalization of $47.21 billion, a price-to-earnings ratio of 19.14, a P/E/G ratio of two.91 and a beta of 0.42. The agency’s 50-day easy shifting common is $94.83 and its 200-day easy shifting common is $94.25. American Electrical Energy Firm, Inc. has a 1 12 months low of $80.30 and a 1 12 months excessive of $105.60. The corporate has a debt-to-equity ratio of 1.37, a fast ratio of 0.69 and a present ratio of 0.79.
American Electrical Energy (NASDAQ:AEP – Get Score) final posted its quarterly earnings information on Thursday, October twenty seventh. The corporate reported $1.62 EPS for the quarter, topping analysts’ consensus estimates of $1.57 by $0.05. The agency had income of $5.50 billion throughout the quarter, in comparison with analysts’ expectations of $4.75 billion. American Electrical Energy had a return on fairness of 10.73% and a internet margin of 13.08%. The agency’s quarterly income was up 19.6% in comparison with the identical quarter final 12 months. Throughout the identical quarter final 12 months, the enterprise posted $1.43 EPS. On common, analysts anticipate that American Electrical Energy Firm, Inc. will publish 5.03 EPS for the present 12 months.
American Electrical Energy Will increase Dividend
The agency additionally lately declared a quarterly dividend, which was paid on Friday, December ninth. Shareholders of file on Thursday, November tenth have been issued a $0.83 dividend. This can be a enhance from American Electrical Energy’s earlier quarterly dividend of $0.78. The ex-dividend date was Wednesday, November ninth. This represents a $3.32 annualized dividend and a yield of three.61%. American Electrical Energy’s payout ratio is 68.74%.
Wall Avenue Analyst Weigh In
A variety of analysis corporations have commented on AEP. Mizuho lowered their goal value on American Electrical Energy from $104.00 to $101.00 and set a “purchase” ranking for the corporate in a report on Friday, December sixteenth. Wells Fargo & Firm lifted their value goal on American Electrical Energy from $96.00 to $108.00 in a analysis observe on Wednesday, December 14th. StockNews.com initiated protection on American Electrical Energy in a analysis observe on Wednesday, October twelfth. They set a “maintain” ranking for the corporate. Guggenheim lower their value goal on American Electrical Energy from $109.00 to $93.00 in a analysis observe on Monday, October twenty fourth. Lastly, BMO Capital Markets lifted their value goal on American Electrical Energy from $95.00 to $105.00 and gave the inventory an “outperform” ranking in a analysis observe on Friday, December sixteenth. 4 equities analysis analysts have rated the inventory with a maintain ranking and 6 have assigned a purchase ranking to the corporate. Based mostly on information from MarketBeat, the corporate presently has a median ranking of “Reasonable Purchase” and a consensus goal value of $101.82.
About American Electrical Energy
American Electrical Energy Co, Inc engages within the technology, transmission, and distribution of electrical energy. It operates by way of the next segments: Vertically Built-in Utilities, Transmission and Distribution Utilities, AEP Transmission Holdco, and Technology and Advertising. The Vertically Built-in Utilities phase covers the technology, transmission, and distribution of electrical energy on the market to retail and wholesale prospects.
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