American Electric Power Company stock is trading -7.28% below its average target price of $86.83 after marking a 1.2% during today's evening session. Analysts are giving the large-cap Electric Utilities company an average rating of buy and target prices ranging from $74.5 to $99.0 per share.
American Electric Power Company's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 1.2%. The stock's short ratio is 1.77. At 0.03%, the company's rate of insider ownership does not indicate that management is heavily invested in the corporation.
Another number to watch is the company's rate of institutional share ownership, which now stands at 76.6%. In conclusion, we believe there is mixed market sentiment regarding American Electric Power Company.
Institutions Invested in American Electric Power Company
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2023-09-30 | Vanguard Group Inc | 10% | 48,799,673 | $3,928,861,777 |
| 2023-09-30 | Blackrock Inc. | 9% | 42,893,560 | $3,453,360,607 |
| 2023-09-30 | Wellington Management Group, LLP | 6% | 28,591,562 | $2,301,906,717 |
| 2023-09-30 | State Street Corporation | 5% | 27,188,332 | $2,188,932,667 |
| 2023-09-30 | Morgan Stanley | 3% | 14,892,850 | $1,199,023,385 |
| 2023-09-30 | Geode Capital Management, LLC | 2% | 10,571,815 | $851,136,848 |
| 2023-09-30 | Invesco Ltd. | 2% | 9,798,204 | $788,853,424 |
| 2023-09-30 | Royal Bank of Canada | 2% | 7,714,823 | $621,120,416 |
| 2023-09-30 | Ameriprise Financial, Inc. | 2% | 7,452,517 | $600,002,159 |
| 2023-09-30 | Nuveen Asset Management, LLC | 1% | 6,768,493 | $544,931,385 |
