Universal Beteiligungs und Servicegesellschaft mbH Purchases 59,017 Shares of American Electric Power Company, Inc. $AEP

Universal Beteiligungs und Servicegesellschaft mbH raised its position in American Electric Power Company, Inc. (NASDAQ:AEP) by 26.1% during the third quarter, according to its most recent filing with the SEC. The firm owned 284,731 shares of the company’s stock after purchasing an additional 59,017 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned 0.05% of American Electric Power worth $32,032,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of AEP. Brighton Jones LLC grew its holdings in American Electric Power by 11.5% during the 4th quarter. Brighton Jones LLC now owns 10,601 shares of the company’s stock worth $978,000 after acquiring an additional 1,095 shares during the period. Acadian Asset Management LLC bought a new stake in shares of American Electric Power during the 1st quarter valued at about $320,000. Sivia Capital Partners LLC boosted its position in shares of American Electric Power by 149.5% during the 2nd quarter. Sivia Capital Partners LLC now owns 4,891 shares of the company’s stock valued at $507,000 after purchasing an additional 2,931 shares in the last quarter. Farther Finance Advisors LLC grew its stake in American Electric Power by 7.4% during the second quarter. Farther Finance Advisors LLC now owns 10,977 shares of the company’s stock worth $1,139,000 after purchasing an additional 758 shares during the period. Finally, Fifth Third Bancorp increased its holdings in American Electric Power by 8.5% in the second quarter. Fifth Third Bancorp now owns 236,504 shares of the company’s stock worth $24,540,000 after purchasing an additional 18,459 shares in the last quarter. 75.24% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, Director Benjamin G. S. Fowke III sold 5,000 shares of the company’s stock in a transaction on Friday, December 12th. The stock was sold at an average price of $115.07, for a total transaction of $575,350.00. Following the completion of the sale, the director owned 25,898 shares in the company, valued at approximately $2,980,082.86. This represents a 16.18% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 0.07% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of research firms have issued reports on AEP. Weiss Ratings restated a “buy (b)” rating on shares of American Electric Power in a report on Wednesday. LADENBURG THALM/SH SH increased their target price on shares of American Electric Power from $108.50 to $124.50 and gave the stock a “neutral” rating in a research note on Thursday, November 20th. Evercore ISI restated an “outperform” rating on shares of American Electric Power in a report on Thursday, October 30th. Scotiabank upped their price objective on shares of American Electric Power from $121.00 to $131.00 and gave the company a “sector perform” rating in a report on Tuesday, December 16th. Finally, TD Cowen raised shares of American Electric Power to a “strong-buy” rating in a research report on Thursday, October 30th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, American Electric Power has a consensus rating of “Moderate Buy” and an average price target of $127.66.

American Electric Power Stock Down 1.5%

American Electric Power stock opened at $117.18 on Friday. The firm has a market capitalization of $62.58 billion, a price-to-earnings ratio of 17.08, a price-to-earnings-growth ratio of 2.84 and a beta of 0.63. The firm’s fifty day moving average price is $117.65 and its two-hundred day moving average price is $114.38. American Electric Power Company, Inc. has a 1-year low of $97.05 and a 1-year high of $124.80. The company has a current ratio of 0.69, a quick ratio of 0.53 and a debt-to-equity ratio of 1.41.

American Electric Power (NASDAQ:AEP) last posted its earnings results on Wednesday, October 29th. The company reported $1.80 earnings per share for the quarter, missing analysts’ consensus estimates of $1.81 by ($0.01). American Electric Power had a return on equity of 11.00% and a net margin of 17.23%.The business had revenue of $6.01 billion during the quarter, compared to analyst estimates of $5.65 billion. During the same quarter in the prior year, the company earned $1.85 EPS. The company’s revenue was up 10.9% on a year-over-year basis. American Electric Power has set its FY 2025 guidance at 5.850-5.95 EPS. On average, equities research analysts predict that American Electric Power Company, Inc. will post 5.87 earnings per share for the current fiscal year.

American Electric Power Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 10th will be issued a $0.95 dividend. This represents a $3.80 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date is Tuesday, February 10th. American Electric Power’s dividend payout ratio (DPR) is currently 55.39%.

American Electric Power Profile

American Electric Power (NASDAQ: AEP) is a major investor-owned electric utility headquartered in Columbus, Ohio. The company is primarily engaged in the generation, transmission and distribution of electricity, operating a diverse portfolio of power plants and an extensive high-voltage transmission network. AEP serves retail customers through its regulated utility subsidiaries and provides wholesale power and grid services across multiple regional markets in the United States.

Operations span the full utility value chain: AEP owns and operates generation assets that include fossil-fuel, natural gas, nuclear and hydropower facilities, and it has been adding renewable resources to its mix.