Revenue Approximations Analysis: CSX Corporation (CSX), American Electric Power Company, Inc. (AEP)
- Author: Zachary Reyes Jun 01, 2017,
Jun 01, 2017, 5:06
Jefferies Group LLC upped their price target on shares of American Electric Power Company from $65.00 to $68.00 and gave the company a "hold" rating in a report on Tuesday, March 14th. Taking a wider perspective, shares have been recently trading 0.64% off the 52-week high and 23.99% away from the 52-week low. About 6.38 million shares traded. Finally, Barclays PLC reaffirmed an "underweight" rating and issued a $44.00 price objective (up from $41.00) on shares of Portland General Electric Company in a research report on Sunday, April 23rd. It has underperformed by 21.16% the S&P500. The Wagner Bowman Management Corp holds 5,980 shares with $408,000 value, down from 10,580 last quarter. At&T Inc now has $240.89B valuation. Company insiders own 0.13% of the company's stock. About 3.20 million shares traded. It has underperformed by 4.60% the S&P500. Dba Evanston Advisors has invested 0.95% in the stock. Its down 0.06, from 1.01 in 2016Q3. It now has negative earnings. Bessemer Group Incorporated invested in 0.01% or 60,400 shares.
The stock of El Paso Electric Company (NYSE:EE) reached all time high today, May, 31 and still has $56.65 target or 5.00 % above today's $53.95 share price. Hancock Holding reported 72,804 shares stake. Citadel Advsrs Limited Liability Corporation reported 54,024 shares. Portland General Electric Company has a 12 month low of $40.28 and a 12 month high of $47.43. Investment Advisors Lp, a Texas-based fund reported 171,350 shares. On average, equities research analysts forecast that General Electric Company will post $1.63 earnings per share for the current fiscal year. Finally, Insight 2811 Inc. increased its stake in shares of General Electric Company by 0.3% in the first quarter. 87,088 are held by Stevens First Principles. Florida-based Ruggie Gp has invested 0% in General Electric Company (NYSE:GE). Brown Capital Mgmt Ltd Liability accumulated 0.03% or 58,046 shares. 112,395 are held by Dean Inv Associate Limited Company. Aristotle Cap Ltd Liability holds 2.55M shares. On a consensus basis, analysts have given a recommendation of 2.00 on company shares.
Since January 23, 2017, it had 5 insider buys, and 1 insider sale for $1.20 million activity. Energy Income Partners LLC bought a new stake in shares of American Electric Power Company during the fourth quarter valued at approximately $81,340,000. $298,350 worth of Ebix Inc (NASDAQ:EBIX) shares were sold by d'Apice Leon Royden Thomas. 100,000 shares valued at $2.81M were bought by IMMELT JEFFREY R on Monday, May 15. The insider DIMITRIEF ALEXANDER bought $7,046. Analysts are expecting EPS growth rates to be at 630.10% this quarter and EPS estimate for next year reflect 15.20% growth rate. Therefore 0 are positive. $66.31's average target is -7.45% below currents $71.65 stock price. On Monday, April 4 the stock rating was downgraded by Bernstein to "Market Perform". Zacks upgraded Portland General Electric Company (NYSE:POR) on Wednesday, August 5 to "Sell" rating. Wood maintained it with "Hold" rating and $42 target in Friday, April 7 report. Cowen & Co has "Market Perform" rating and $29 target. (AEP) is a public utility holding company that owns, directly or indirectly, all of the outstanding common stock of its public utility subsidiaries and varying percentages of other subsidiaries. The stock has "Outperform" rating by RBC Capital Markets on Monday, November 30. The total market capitalization remained at $4.74 billion. Ishares Gold Trust (IAU) was reduced too.
Current year EPS projections for General Electric Company (NYSE:GE) set at $1.63 according to the sentiments of 16 analysts, while its lowest earnings estimates are $1.59 and highest earnings estimates are $1.68. 120 funds opened positions while 268 raised stakes. Foster Motley reported 35,601 shares stake. (NYSE:T). Canada Pension Plan Investment Board has invested 0.64% in AT&T Inc. Greenhaven Assocs Inc holds 11.38% or 11.35 million shares. Mckinley Capital Ltd Liability Company Delaware owns 0.09% invested in Ebix Inc (NASDAQ:EBIX) for 39,983 shares. Stephens Ar stated it has 944,540 shares or 1.64% of all its holdings. 22,323 were reported by Kinsight Limited Liability Company. Affinity Wealth Mngmt has invested 0.42% in AT&T Inc. 331.86 million shares or 1.65% more from 326.47 million shares in 2016Q3 were reported.
Among 30 analysts covering Citigroup Inc. (NYSE:T), 9 have Buy rating, 1 Sell and 14 Hold. Therefore 50% are positive.
Analysts await PNM Resources Inc (NYSE:PNM) to report earnings on July, 28 before the open. The firm has "Outperform" rating by Credit Suisse given on Monday, September 28. The firm has "Neutral" rating by Bank of America given on Wednesday, April 26. Bangor Bancorp holds 120,698 shares.
Syntal Capital Partners Llc decreased its stake in Ebix Inc (EBIX) by 49.11% based on its latest 2016Q4 regulatory filing with the SEC. The rating was maintained by Jefferies on Friday, October 23 with "Buy". The stock of AT&T Inc. Goldman Sachs downgraded the shares of VLO in report on Tuesday, May 16 to "Neutral" rating.
Several other analysts have also commented on the stock. Deutsche Savings Bank Ag reported 55,590 shares.
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