Optiver Holding B.V. Has $132,000 Stake in American Electric Power Company, Inc. (NASDAQ:AEP)

Optiver Holding B.V. raised its position in American Electric Power Company, Inc. (NASDAQ:AEP) by 66.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,435 shares of the company’s stock after purchasing an additional 575 shares during the quarter. Optiver Holding B.V.’s holdings in American Electric Power were worth $132,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Skandinaviska Enskilda Banken AB publ acquired a new stake in shares of American Electric Power in the 4th quarter valued at about $25,000. Fairway Wealth LLC acquired a new stake in shares of American Electric Power in the 4th quarter valued at about $32,000. Kestra Investment Management LLC acquired a new stake in shares of American Electric Power in the 4th quarter valued at about $35,000. Newbridge Financial Services Group Inc. bought a new position in shares of American Electric Power in the 4th quarter valued at about $35,000. Finally, Lee Danner & Bass Inc. bought a new position in shares of American Electric Power in the 4th quarter valued at about $38,000. Institutional investors and hedge funds own 75.24% of the company’s stock.

American Electric Power Stock Up 0.3 %

AEP opened at $107.06 on Tuesday. American Electric Power Company, Inc. has a 1-year low of $85.70 and a 1-year high of $110.48. The stock’s fifty day simple moving average is $105.46 and its 200 day simple moving average is $99.82. The company has a current ratio of 0.44, a quick ratio of 0.31 and a debt-to-equity ratio of 1.46. The stock has a market cap of $57.14 billion, a PE ratio of 19.12, a price-to-earnings-growth ratio of 2.97 and a beta of 0.43.

American Electric Power (NASDAQ:AEP) last posted its quarterly earnings data on Thursday, February 13th. The company reported $1.24 earnings per share for the quarter, hitting the consensus estimate of $1.24. American Electric Power had a return on equity of 11.27% and a net margin of 15.08%. During the same quarter in the previous year, the business posted $1.23 EPS. As a group, research analysts expect that American Electric Power Company, Inc. will post 5.87 earnings per share for the current year.

Analyst Upgrades and Downgrades

AEP has been the subject of several analyst reports. Barclays raised their price objective on American Electric Power from $95.00 to $106.00 and gave the company an “equal weight” rating in a report on Tuesday, April 22nd. BMO Capital Markets raised their price objective on American Electric Power from $111.00 to $115.00 and gave the company an “outperform” rating in a report on Monday, April 21st. Bank of America raised their price objective on American Electric Power from $108.00 to $114.00 and gave the company a “buy” rating in a report on Tuesday, March 18th. Morgan Stanley set a $114.00 price objective on American Electric Power and gave the company an “overweight” rating in a report on Wednesday, April 23rd. Finally, Guggenheim upgraded American Electric Power from a “neutral” rating to a “buy” rating in a report on Thursday, January 23rd. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $101.69.

American Electric Power Company Profile

American Electric Power Company, Inc, an electric public utility holding company, engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers in the United States. It operates through Vertically Integrated Utilities, Transmission and Distribution Utilities, AEP Transmission Holdco, and Generation & Marketing segments.