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flag Everstar Asset Management cuts its stake in American Electric Power by 27.4%, owning 4,974 shares.

flag Everstar Asset Management LLC has decreased its stake in American Electric Power Company (AEP) by 27.4%, now owning 4,974 shares worth $459,000. flag American Electric Power reported earnings of $1.24 per share, meeting estimates, with a market cap of $57.08 billion. flag Analysts predict 5.87 earnings per share for the year. flag The stock has a P/E ratio of 19.10 and a beta of 0.50. flag Other firms like Orion Portfolio Solutions LLC and Allspring Global Investments Holdings LLC have also increased their holdings in AEP.

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