Little House Capital LLC Invests in American Electric Power Company, Inc.

Little House Capital LLC has made a strategic investment in American Electric Power Company, Inc. (NASDAQ:AEP) during the fourth quarter. According to its latest 13F filing with the Securities and Exchange Commission, the firm acquired 6,393 shares of AEP, which amounted to an investment of approximately $590,000.

Recent Institutional Activity

In addition to Little House Capital's investment, several other institutional investors and hedge funds have recently updated their holdings in American Electric Power. For instance, Legacy Investment Solutions LLC made a new investment in AEP during the third quarter, valued at around $25,000. Similarly, Safe Harbor Fiduciary LLC and Newbridge Financial Services Group Inc. also secured new stakes, investing $33,000 and $35,000 respectively during the same quarter. Reston Wealth Management LLC and Decker Retirement Planning Inc. also joined in, investing $48,000 and $49,000 respectively in the third and fourth quarters. Altogether, institutional investors now hold 75.24% of the company’s shares.

Stock Performance of American Electric Power

As of the latest trading, the stock of American Electric Power opened at $101.83. Key financial metrics include a current ratio of 0.57, a quick ratio of 0.41, and a debt-to-equity ratio of 1.47. With a market capitalization of $54.19 billion, AEP has a price-to-earnings (P/E) ratio of 20.41, a price-to-earnings growth (PEG) ratio of 2.84, and a beta of 0.58. Over the past twelve months, the stock reached a low of $79.01 and a high of $105.18, with moving averages currently at $95.57 for the past 50 days and $97.95 for the last 200 days.

Recent Earnings Report

On February 13th, American Electric Power reported its quarterly earnings results, revealing an earnings per share (EPS) of $1.24, in line with analysts' predictions. The company demonstrated a net margin of 13.48% and a return on equity of 11.41%. In the same quarter the previous year, AEP’s EPS was reported at $1.23. Analysts are currently forecasting an EPS of 5.58 for the current year.

Dividend Announcement

AEP recently announced a quarterly dividend, set to be distributed on March 10th. Shareholders on record as of February 10th will receive a payout of $0.93 per share, translating to an annualized dividend of $3.72, which represents a yield of 3.65%. The dividend payout ratio stands at 74.55%.

Analyst Insights

Several analysts have issued updates regarding the stock price of American Electric Power. BMO Capital Markets revised their target from $108.00 to $100.00 while rating the stock as “outperform.” In contrast, UBS Group adjusted their price objective down to $95.00 and rated it as a “sell.” In earlier assessments on November 7th, both Evercore ISI and Morgan Stanley set in-line and overweight ratings, respectively, with revised price targets of $96.00 and $104.00. Currently, the stock holds an average rating of "Hold" among analysts, with an average target price of $98.00.

Company Overview

American Electric Power Company, Inc. operates as an electric public utility holding company. Its business activities include the generation, transmission, and distribution of electricity across the United States. The company functions through various segments, including Vertically Integrated Utilities, Transmission and Distribution Utilities, AEP Transmission Holdco, and Generation & Marketing.

investment, electricity, stocks