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CPC Advisors LLC Takes Position in American Electric Power Company, Inc. $AEP
CPC Advisors LLC has acquired a new stake of 53,271 shares, valued at approximately $6.14 million, in American Electric Power Company, Inc. during the fourth quarter. This move is part of a broader trend of institutional investment, with several other large investors also increasing their holdings, resulting in institutional investors owning 75.24% of AEP stock. The company recently exceeded its Q4 earnings estimates and received multiple analyst upgrades, indicating a “Moderate Buy” consensus rating and a target price of $138.32.