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Gentex (GNTX) Valuation Declined While Sigma Investment Counselors Decreased Its Stake; Ecofin LTD Cut American Electric Power (AEP) Stake by $449.07 Million as Valuation Rose

Sigma Investment Counselors Inc decreased its stake in Gentex Corp (GNTX) by 18.48% based on its latest 2017Q3 regulatory filing with the SEC. Sigma Investment Counselors Inc sold 20,770 shares as the company’s stock declined 8.68% while stock markets rallied. The institutional investor held 91,630 shares of the o.e.m. company at the end of 2017Q3, valued at $1.81M, down from 112,400 at the end of the previous reported quarter. Sigma Investment Counselors Inc who had been investing in Gentex Corp for a number of months, seems to be less bullish one the $6.52B market cap company. The stock increased 0.66% or $0.15 during the last trading session, reaching $22.98. About 2.06M shares traded. Gentex Corporation (NASDAQ:GNTX) has risen 19.63% since February 21, 2017 and is uptrending. It has outperformed by 2.93% the S&P500.

Ecofin Ltd decreased its stake in American Electric Power (AEP) by 98.28% based on its latest 2017Q3 regulatory filing with the SEC. Ecofin Ltd sold 6.42 million shares as the company’s stock rose 7.19% with the market. The hedge fund held 112,562 shares of the public utilities company at the end of 2017Q3, valued at $7.91M, down from 6.53 million at the end of the previous reported quarter. Ecofin Ltd who had been investing in American Electric Power for a number of months, seems to be less bullish one the $32.65 billion market cap company. The stock decreased 1.32% or $0.89 during the last trading session, reaching $66.37. About 2.75M shares traded. American Electric Power Company, Inc. (NYSE:AEP) has risen 7.63% since February 21, 2017 and is uptrending. It has underperformed by 9.07% the S&P500.

Investors sentiment increased to 1.13 in 2017 Q3. Its up 0.04, from 1.09 in 2017Q2. It is positive, as 47 investors sold AEP shares while 241 reduced holdings. 70 funds opened positions while 254 raised stakes. 341.39 million shares or 2.05% less from 348.55 million shares in 2017Q2 were reported. Pettyjohn Wood And White Inc holds 0.16% in American Electric Power Company, Inc. (NYSE:AEP) or 6,066 shares. Great Lakes Advsrs Ltd Llc invested in 2,896 shares or 0% of the stock. Ubs Asset Mgmt Americas reported 1.72M shares or 0.11% of all its holdings. Moreover, Rothschild Asset Management Incorporated has 0.38% invested in American Electric Power Company, Inc. (NYSE:AEP). New York-based Qs Invsts Ltd Liability has invested 0.08% in American Electric Power Company, Inc. (NYSE:AEP). Cordasco Financial Networks owns 13,773 shares for 1.06% of their portfolio. Employees Retirement Association Of Colorado invested 0.04% of its portfolio in American Electric Power Company, Inc. (NYSE:AEP). Pennsylvania Tru Co has invested 0.02% in American Electric Power Company, Inc. (NYSE:AEP). Mutual Of America Cap Mgmt has 0.07% invested in American Electric Power Company, Inc. (NYSE:AEP) for 61,041 shares. Moreover, Washington State Bank has 0.04% invested in American Electric Power Company, Inc. (NYSE:AEP). California-based Affinity Investment Advsr Ltd has invested 0.88% in American Electric Power Company, Inc. (NYSE:AEP). Mastrapasqua Asset invested in 9,385 shares. Calamos Advsrs Lc has invested 0.04% in American Electric Power Company, Inc. (NYSE:AEP). South Dakota Inv Council reported 30,000 shares. Cornerstone Capital Management Hldg Ltd Liability invested 0.14% of its portfolio in American Electric Power Company, Inc. (NYSE:AEP).

Among 20 analysts covering American Electric Power Company Inc. (NYSE:AEP), 11 have Buy rating, 0 Sell and 9 Hold. Therefore 55% are positive. American Electric Power Company Inc. had 70 analyst reports since August 18, 2015 according to SRatingsIntel. Jefferies maintained the stock with “Hold” rating in Wednesday, July 19 report. SunTrust maintained the stock with “Buy” rating in Monday, January 8 report. The company was downgraded on Friday, July 29 by Hilliard Lyons. Morgan Stanley maintained American Electric Power Company, Inc. (NYSE:AEP) on Friday, September 8 with “Equal-Weight” rating. Morgan Stanley maintained it with “Equal-Weight” rating and $73 target in Thursday, August 10 report. As per Tuesday, December 15, the company rating was maintained by Barclays Capital. The stock of American Electric Power Company, Inc. (NYSE:AEP) has “Buy” rating given on Friday, October 23 by Deutsche Bank. As per Monday, September 26, the company rating was maintained by SunTrust. The stock has “Overweight” rating by Barclays Capital on Thursday, September 3. The firm has “Hold” rating given on Monday, July 31 by RBC Capital Markets.

Analysts await American Electric Power Company, Inc. (NYSE:AEP) to report earnings on April, 26. They expect $1.00 earnings per share, up 4.17% or $0.04 from last year’s $0.96 per share. AEP’s profit will be $491.88M for 16.59 P/E if the $1.00 EPS becomes a reality. After $0.85 actual earnings per share reported by American Electric Power Company, Inc. for the previous quarter, Wall Street now forecasts 17.65% EPS growth.

Analysts await Gentex Corporation (NASDAQ:GNTX) to report earnings on April, 20. They expect $0.40 EPS, up 21.21% or $0.07 from last year’s $0.33 per share. GNTX’s profit will be $113.56 million for 14.36 P/E if the $0.40 EPS becomes a reality. After $0.33 actual EPS reported by Gentex Corporation for the previous quarter, Wall Street now forecasts 21.21% EPS growth.

Investors sentiment increased to 1.24 in Q3 2017. Its up 0.32, from 0.92 in 2017Q2. It improved, as 35 investors sold GNTX shares while 109 reduced holdings. 41 funds opened positions while 137 raised stakes. 224.48 million shares or 0.88% less from 226.47 million shares in 2017Q2 were reported. Qs Investors Ltd Limited Liability Company, New York-based fund reported 10,372 shares. D E Shaw And reported 0.01% in Gentex Corporation (NASDAQ:GNTX). Fmr reported 9.35 million shares. Hsbc Public Limited Company invested 0.01% of its portfolio in Gentex Corporation (NASDAQ:GNTX). Moreover, Renaissance Techs Limited Liability Co has 0.01% invested in Gentex Corporation (NASDAQ:GNTX). Moreover, Parametric Port Assocs Ltd Liability has 0.01% invested in Gentex Corporation (NASDAQ:GNTX). California State Teachers Retirement Systems invested in 461,277 shares or 0.02% of the stock. Cambridge Inv Advisors holds 65,650 shares or 0.02% of its portfolio. Provident Investment Management owns 1.30M shares or 4.35% of their US portfolio. Aviva Plc invested 0.02% in Gentex Corporation (NASDAQ:GNTX). Hall Laurie J Trustee has invested 0.44% in Gentex Corporation (NASDAQ:GNTX). Reliance Trust Company Of Delaware reported 11,778 shares. Wealthtrust owns 1,071 shares. Grimes Inc holds 313,989 shares or 0.66% of its portfolio. 1.29 million were accumulated by Legal And General Grp Public Ltd Co.

Among 7 analysts covering Gentex Corp (NASDAQ:GNTX), 4 have Buy rating, 0 Sell and 3 Hold. Therefore 57% are positive. Gentex Corp had 19 analyst reports since October 20, 2015 according to SRatingsIntel. Craig Hallum maintained the shares of GNTX in report on Monday, January 29 with “Hold” rating. The rating was initiated by Susquehanna with “Neutral” on Monday, December 19. The stock has “Buy” rating by FBR Capital on Thursday, January 11. On Wednesday, January 27 the stock rating was downgraded by Robert W. Baird to “Neutral”. The firm has “Outperform” rating given on Friday, October 21 by FBR Capital. The stock of Gentex Corporation (NASDAQ:GNTX) earned “Buy” rating by KeyBanc Capital Markets on Wednesday, August 23. The firm earned “Hold” rating on Tuesday, January 23 by Robert W. Baird. On Thursday, October 12 the stock rating was maintained by KeyBanc Capital Markets with “Buy”. The company was maintained on Monday, October 23 by Robert W. Baird. Robert W. Baird maintained the shares of GNTX in report on Friday, October 20 with “Buy” rating.

Sigma Investment Counselors Inc, which manages about $718.41M and $703.37M US Long portfolio, upped its stake in Vanguard Tax Managed Intl Fd (VEA) by 110,032 shares to 1.49M shares, valued at $64.81 million in 2017Q3, according to the filing. It also increased its holding in Spdr Ser Tr (SJNK) by 22,459 shares in the quarter, for a total of 737,175 shares, and has risen its stake in Vanguard Scottsdale Fds (VCSH).

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