Bonness Enterprises Raised General Electric Co (GE) Stake; Last Week American Electric Power Company, Inc. (AEP) Coverage

Among 20 analysts covering American Electric Power Company Inc. (NYSE:AEP), 11 have Buy rating, 1 Sell and 8 Hold. Therefore 55% are positive. American Electric Power Company Inc. had 67 analyst reports since August 18, 2015 according to SRatingsIntel. As per Friday, July 29, the company rating was downgraded by Hilliard Lyons. Jefferies maintained American Electric Power Company, Inc. (NYSE:AEP) rating on Wednesday, July 19. Jefferies has “Hold” rating and $7000 target. The rating was maintained by KeyBanc Capital Markets on Wednesday, October 18 with “Buy”. The rating was maintained by Barclays Capital with “Overweight” on Thursday, September 3. Macquarie Research upgraded American Electric Power Company, Inc. (NYSE:AEP) on Monday, January 22 to “Buy” rating. The rating was maintained by BMO Capital Markets with “Outperform” on Friday, July 28. The company was maintained on Monday, November 13 by Morgan Stanley. The firm earned “Equal-Weight” rating on Thursday, August 10 by Morgan Stanley. RBC Capital Markets maintained the stock with “Sector Perform” rating in Thursday, October 13 report. The stock of American Electric Power Company, Inc. (NYSE:AEP) has “Buy” rating given on Friday, July 29 by Jefferies. See American Electric Power Company, Inc. (NYSE:AEP) latest ratings:

02/02/2018 Broker: UBS Rating: Buy New Target: $76 Initiates Coverage On
22/01/2018 Broker: Macquarie Research Rating: Buy New Target: $76.0 Upgrade
18/01/2018 Broker: Deutsche Bank Rating: Buy New Target: $75.0 Upgrade
17/01/2018 Broker: Mizuho Old Rating: Neutral New Rating: Buy Upgrade
08/01/2018 Broker: SunTrust Rating: Buy New Target: $78.0 Maintain
02/01/2018 Broker: Guggenheim Old Rating: Neutral New Rating: Sell Downgrade
13/12/2017 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Overweight Old Target: $80 Upgrade
04/12/2017 Broker: SunTrust Rating: Buy New Target: $83.0 Maintain
13/11/2017 Broker: Morgan Stanley Rating: Equal-Weight Old Target: $74 New Target: $80 Maintain
09/11/2017 Broker: SunTrust Rating: Buy New Target: $82.0 Maintain

Bonness Enterprises Inc increased General Electric Co (GE) stake by 14.77% reported in 2017Q3 SEC filing. Bonness Enterprises Inc acquired 24,300 shares as General Electric Co (GE)’s stock declined 7.64%. The Bonness Enterprises Inc holds 188,778 shares with $4.57 million value, up from 164,478 last quarter. General Electric Co now has $128.52 billion valuation. The stock decreased 0.80% or $0.12 during the last trading session, reaching $14.82. About 75.58M shares traded. General Electric Company (NYSE:GE) has declined 4.46% since February 13, 2017 and is downtrending. It has underperformed by 21.16% the S&P500.

The stock increased 0.12% or $0.08 during the last trading session, reaching $64.8. About 3.54 million shares traded or 15.23% up from the average. American Electric Power Company, Inc. (NYSE:AEP) has risen 7.63% since February 13, 2017 and is uptrending. It has underperformed by 9.07% the S&P500.

Investors sentiment increased to 1.13 in 2017 Q3. Its up 0.04, from 1.09 in 2017Q2. It improved, as 47 investors sold American Electric Power Company, Inc. shares while 241 reduced holdings. 70 funds opened positions while 254 raised stakes. 341.39 million shares or 2.05% less from 348.55 million shares in 2017Q2 were reported. Scoria Partners Lp stated it has 40,000 shares. Gm Advisory stated it has 0.18% of its portfolio in American Electric Power Company, Inc. (NYSE:AEP). Fifth Third Bancshares has invested 0.04% in American Electric Power Company, Inc. (NYSE:AEP). Pinnacle Partners Incorporated reported 35,106 shares. Hartford Financial Mgmt stated it has 0.19% of its portfolio in American Electric Power Company, Inc. (NYSE:AEP). Royal Comml Bank Of Canada has 5.12 million shares. Victory Cap Incorporated accumulated 8,116 shares or 0% of the stock. Ledyard Bancorporation invested in 1,450 shares or 0.01% of the stock. 6,980 were accumulated by South State Corp. Moreover, Huber Mgmt Limited Liability Corp has 0.06% invested in American Electric Power Company, Inc. (NYSE:AEP). Rampart owns 0.16% invested in American Electric Power Company, Inc. (NYSE:AEP) for 6,719 shares. Gemmer Asset Ltd Liability has invested 0.01% in American Electric Power Company, Inc. (NYSE:AEP). Ls Inv Advsr Ltd Limited Liability Company, Michigan-based fund reported 42,501 shares. Schwab Charles Invest Mgmt Inc reported 1.74M shares. Moreover, Hallmark Mgmt Inc has 0.21% invested in American Electric Power Company, Inc. (NYSE:AEP).

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 $31.87 billion. The firm generates electricity using coal and lignite, natural gas, nuclear, hydroelectric, solar, wind, and other energy sources. It has a 16.66 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.

Since August 22, 2017, it had 2 insider purchases, and 0 selling transactions for $2.50 million activity. The insider DIMITRIEF ALEXANDER bought $43,446. The insider TISCH JAMES S bought $2.46 million.