Stock Mover of the Day: Institutional Investors Are Betting On Aes Corp (NYSE:AES)

November 28, 2016 - By Adrian Mccoy   ·   0 Comments

Stock Mover of the Day: Institutional Investors Are Betting On Aes Corp (NYSE:AES)

Sentiment for Aes Corp (NYSE:AES)

Aes Corp (NYSE:AES) institutional sentiment is 1.23 in 2016 Q2. Its the same as in 2016Q1. The ratio is flat, as only 185 investment managers opened new or increased equity positions, while 151 sold and trimmed positions in Aes Corp. The investment managers in our partner’s database reported: 608.68 million shares, down from 622.22 million shares in 2016Q1. Also, the number of investment managers holding Aes Corp in their top 10 equity positions increased from 3 to 5 for an increase of 2. Sold All: 32 Reduced: 119 Increased: 145 New Position: 40.

The AES Corporation is a holding company. The company has a market cap of $8.07 billion. The Company, through its subsidiaries and affiliates, operates a diversified portfolio of electricity generation and distribution businesses. It has a 63.91 P/E ratio. The Firm is organized into six strategic business units : the United States; Andes; Brazil; Mexico, Central America and Caribbean (MCAC); Europe, and Asia.

About 3.43M shares traded hands. AES Corp (NYSE:AES) has risen 5.73% since April 25, 2016 and is uptrending. It has underperformed by 0.29% the S&P500.

Analysts await AES Corp (NYSE:AES) to report earnings on February, 22. They expect $0.36 EPS, up 5.88% or $0.02 from last year’s $0.34 per share. AES’s profit will be $243.32 million for 8.29 P/E if the $0.36 EPS becomes a reality. After $0.32 actual EPS reported by AES Corp for the previous quarter, Wall Street now forecasts 12.50% EPS growth.

According to Zacks Investment Research, “AES Corporation and its subsidiaries and affiliates are a global power company committed to serving the world’s needs for electricity in a socially responsible way. AES’s electricity generation business consists of sales to wholesale customers for further resale to end users. AES also sells electricity directly to end users such as commercial, industrial, governmental and residential customers through its distribution business.”

Capital International Sarl holds 4.22% of its portfolio in AES Corp for 3.97 million shares. Avenir Corp owns 3.91 million shares or 4% of their US portfolio. Moreover, Herndon Capital Management Llc has 3.98% invested in the company for 8.35 million shares. The California-based Capital International Inc Ca has invested 3.89% in the stock. Corbyn Investment Management Inc Md, a Maryland-based fund reported 937,370 shares.#img1#

AES Corp (NYSE:AES) Ratings Coverage

Ratings analysis reveals 43% of AES Corporation’s analysts are positive. Out of 7 Wall Street analysts rating AES Corporation, 3 give it “Buy”, 1 “Sell” rating, while 3 recommend “Hold”. The lowest target is $12 while the high is $14. The stock’s average target of $13.06 is 9.38% above today’s ($11.94) share price. AES was included in 9 notes of analysts from September 24, 2015. The company was downgraded on Monday, October 3 by UBS. The firm earned “Hold” rating on Monday, October 19 by Argus Research. The firm has “Peer Perform” rating given on Wednesday, November 4 by Wolfe Research. The stock has “Underperform” rating given by Bank of America on Tuesday, November 22. The firm has “Equal Weight” rating given on Tuesday, October 4 by Barclays Capital.

AES Company Profile

The AES Corporation, incorporated on January 28, 1981, is a holding company. The Company, through its subsidiaries and affiliates, operates a diversified portfolio of electricity generation and distribution businesses. The Firm is organized into six strategic business units (SBUs): the United States; Andes; Brazil; Mexico, Central America and Caribbean (MCAC); Europe, and Asia. Within these SBUs, the Company has two lines of business: generation and utilities. The Company’s United States SBU has over 20 generation facilities and approximately two integrated utilities in the United States. The Company’s Andes SBU has generation facilities in over three countries: Chile, Colombia and Argentina. The Company’s Brazil SBU has generation and distribution businesses: Eletropaulo and Tiete. The Company’s MCAC SBU has a portfolio of distribution businesses and generation facilities, including renewable energy, in over five countries, with a total capacity of approximately 3,240 megawatt (MW) and distribution networks. The Company’s Europe SBU has generation facilities in over five countries and its Asia SBU has generation facilities in over four countries.

More news for AES Corp (NYSE:AES) were recently published by: Zacks.com, which released: “Why AES Corp. (AES) Might Surprise This Earnings Season” on November 03, 2016. Zacks.com‘s article titled: “AES Corp. (AES) Misses Q3 Earnings, Keeps ’16 View (Revised)” and published on November 04, 2016 is yet another important article.

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By Adrian Mccoy

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