Motco Has Trimmed American Electric Power Company (AEP) Position, Lubys (LUB) Shorts Up By 5.76%

June 20, 2017 - By Winifred Garcia

Lubys Incorporated (NYSE:LUB) had an increase of 5.76% in short interest. LUB’s SI was 422,200 shares in June as released by FINRA. Its up 5.76% from 399,200 shares previously. With 37,000 avg volume, 11 days are for Lubys Incorporated (NYSE:LUB)’s short sellers to cover LUB’s short positions. The SI to Lubys Incorporated’s float is 2.44%. About 7,006 shares traded. Luby’s, Inc. (NYSE:LUB) has declined 47.80% since June 20, 2016 and is downtrending. It has underperformed by 64.50% the S&P500.

Motco decreased American Electric Power Company (AEP) stake by 94.57% reported in 2016Q4 SEC filing. Motco sold 50,930 shares as American Electric Power Company (AEP)’s stock rose 7.19%. The Motco holds 2,923 shares with $184,000 value, down from 53,853 last quarter. American Electric Power Company now has $35.44 billion valuation. The stock rose 0.53% or $0.38 reaching $72.44. About 392,275 shares traded. American Electric Power Company Inc (NYSE:AEP) has risen 7.63% since June 20, 2016 and is uptrending. It has underperformed by 9.07% the S&P500.

Luby’s, Inc., is a multi-branded company operating in the restaurant industry and in the contract food services industry. The company has market cap of $84.41 million. The Firm is managed through three divisions: Company-owned restaurants, franchise operations, and Culinary Contract Services . It currently has negative earnings. The company-owned restaurants brands are Luby’s Cafeteria, Fuddruckers, and Cheeseburger in Paradise with a couple of non-core restaurant locations under other brand names.

Investors sentiment increased to 1.39 in 2016 Q4. Its up 0.48, from 0.91 in 2016Q3. It improved, as 5 investors sold Luby’s, Inc. shares while 13 reduced holdings. 4 funds opened positions while 21 raised stakes. 13.82 million shares or 7.66% more from 12.83 million shares in 2016Q3 were reported. Citigroup reported 26,428 shares. Tiaa Cref Ltd Company accumulated 61,562 shares. Vanguard Group Inc holds 0% or 625,841 shares. 7,841 are owned by Wells Fargo & Communication Mn. Blackrock Inc holds 0% of its portfolio in Luby’s, Inc. (NYSE:LUB) for 5,969 shares. 11,185 are owned by Grp. Bandera Prtnrs Ltd Liability holds 4.61% or 1.68 million shares in its portfolio. Rhumbline Advisers holds 10,842 shares or 0% of its portfolio. Salem Inv Counselors, North Carolina-based fund reported 10 shares. Zurcher Kantonalbank (Zurich Cantonalbank) stated it has 0% of its portfolio in Luby’s, Inc. (NYSE:LUB). Gsa Cap Ltd Liability Partnership stated it has 60,230 shares. State Street Corp holds 223,356 shares or 0% of its portfolio. Motco holds 0% or 2,097 shares in its portfolio. Deutsche Savings Bank Ag reported 12,531 shares. Blackrock Institutional Trust Na holds 0% or 700,434 shares in its portfolio.

Since May 31, 2017, it had 6 insider purchases, and 0 sales for $924,880 activity. $16,050 worth of Luby’s, Inc. (NYSE:LUB) was bought by MARKANTONIS FRANK. 13,300 shares valued at $43,578 were bought by PAPPAS CHRISTOPHER JAMES on Tuesday, June 6. Another trade for 54,683 shares valued at $155,067 was made by PAPPAS HARRIS J on Wednesday, May 31.

Among 17 analysts covering American Electric Power Company Inc. (NYSE:AEP), 9 have Buy rating, 0 Sell and 8 Hold. Therefore 53% are positive. American Electric Power Company Inc. had 42 analyst reports since August 18, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Monday, September 26 by SunTrust. On Tuesday, December 15 the stock rating was maintained by Barclays Capital with “Overweight”. The firm has “Hold” rating given on Wednesday, November 2 by Evercore. The stock of American Electric Power Company Inc (NYSE:AEP) has “Overweight” rating given on Friday, October 2 by Barclays Capital. The stock has “Hold” rating by Hilliard Lyons on Friday, July 29. Wells Fargo upgraded the shares of AEP in report on Tuesday, January 10 to “Outperform” rating. The firm earned “Buy” rating on Friday, July 29 by Jefferies. arc maintained it with “Overweight” rating and $61 target in Thursday, September 3 report. The stock has “Buy” rating by Deutsche Bank on Tuesday, August 25. The firm earned “Neutral” rating on Monday, January 9 by Guggenheim.

Motco increased Inv stake by 49,654 shares to 1.23 million valued at $15.29 million in 2016Q4. It also upped Hartford International Value Fund Cl Y stake by 458,717 shares and now owns 854,306 shares. Mfs International Value was raised too.

Since February 23, 2017, it had 0 insider buys, and 2 sales for $162,299 activity. On Tuesday, May 16 CHODAK PAUL III sold $75,706 worth of American Electric Power Company Inc (NYSE:AEP) or 1,110 shares. $86,593 worth of stock was sold by Barton Lisa M on Thursday, February 23.

Analysts await American Electric Power Company Inc (NYSE:AEP) to report earnings on July, 27. They expect $0.90 EPS, down 5.26% or $0.05 from last year’s $0.95 per share. AEP’s profit will be $440.31 million for 20.12 P/E if the $0.90 EPS becomes a reality. After $0.96 actual EPS reported by American Electric Power Company Inc for the previous quarter, Wall Street now forecasts -6.25% negative EPS growth.

Investors sentiment decreased to 0.95 in Q4 2016. Its down 0.06, from 1.01 in 2016Q3. It turned negative, as 67 investors sold AEP shares while 269 reduced holdings. 67 funds opened positions while 253 raised stakes. 331.86 million shares or 1.65% more from 326.47 million shares in 2016Q3 were reported. Natl Bank Of Nova Scotia holds 0% or 11,144 shares. Moreover, Nj State Employees Deferred Compensation Plan has 0.18% invested in American Electric Power Company Inc (NYSE:AEP) for 14,760 shares. Meeder Asset Mgmt reported 0.02% of its portfolio in American Electric Power Company Inc (NYSE:AEP). Aull Monroe Mngmt Corp owns 6,598 shares for 0.23% of their portfolio. Strs Ohio owns 0.23% invested in American Electric Power Company Inc (NYSE:AEP) for 820,799 shares. Pioneer Mgmt Inc holds 0.92% in American Electric Power Company Inc (NYSE:AEP) or 4.13 million shares. Fifth Third Bancorporation invested in 80,373 shares or 0.04% of the stock. Fulton Bank & Trust Na has invested 0.11% in American Electric Power Company Inc (NYSE:AEP). Benjamin F Edwards Communications Inc has 0.02% invested in American Electric Power Company Inc (NYSE:AEP) for 2,039 shares. Sandy Spring Comml Bank holds 0.04% of its portfolio in American Electric Power Company Inc (NYSE:AEP) for 4,579 shares. Bb&T Limited Liability, Virginia-based fund reported 177,344 shares. Zurcher Kantonalbank (Zurich Cantonalbank) accumulated 108,868 shares or 0.07% of the stock. James Investment Research Inc has invested 0.52% in American Electric Power Company Inc (NYSE:AEP). Moreover, Bokf Na has 0.05% invested in American Electric Power Company Inc (NYSE:AEP) for 26,067 shares. 5,050 are owned by Ray Gerald L Associate Ltd.

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