Barclays Public Limited Company owns 0.01% invested in The AES Corporation (NYSE:AES) for 435,721 shares. Hancock Holding Co. now owns 97,402 shares of the utilities provider's stock valued at $1,083,000 after purchasing an additional 13,293 shares during the period.
A number of brokerages recently issued reports on AES.
The AES Corporation (NYSE:AES) touched its 1-Year High price of $12.10 on 12/21/16 and its 1-Year Low price of $10.00 on 11/10/17. Parametric Portfolio Associates LLC raised its position in AES by 60.6% in the 2nd quarter. The Equitec Proprietary Markets Llc holds 132,000 shares with $1.62 million value, down from 265,400 last quarter. Thompson Siegel & Walmsley LLC raised its position in shares of AES by 5.7% in the second quarter. Public Employees Retirement System of OH now owns 312,162 shares of the utilities provider's stock valued at $3,440,000 after buying an additional 22,799 shares during the period.
Brandywine Global Investment Management Llc increased Pilgrims Pride Corp New (NASDAQ:PPC) stake by 225,388 shares to 329,266 valued at $7.22 million in 2017Q2.
Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Aes Corp now has $7.23 billion valuation. Along with these its last twelve month performance is stands at -8.47% while moved -9.32% for the past six months according to Finviz reported data. Tcw Group Inc who had been investing in Aes Corp for a number of months, seems to be less bullish one the $7.23 billion market cap company.
The company now has an insider ownership of 0.2 Percent and Institutional ownership of 97.4 Percent.
This showed a surprise of -17.2% in the last quarter earnings. The utilities provider reported $0.24 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.29 by ($0.05). AES had a negative net margin of 5.43% and a positive return on equity of 15.14%. The firm's revenue for the quarter was up 2.5% on a year-over-year basis. sell-side analysts forecast that AES Corp will post 1.01 earnings per share for the current fiscal year.
Zions Bancorporation (ZION) have shown a high EPS growth of 19.10% in the last 5 years and has earnings rose of 66.00% yoy.
The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 15th. Its down 0.27, from 1.28 in 2017Q1. The ex-dividend date of this dividend is Wednesday, January 31st. This represents a $0.48 dividend on an annualized basis and a yield of 4.46%. AES's payout ratio is now -41.03%.
AES has been the subject of several recent research reports. The firm earned "Peer Perform" rating on Wednesday, November 4 by Wolfe Research. ValuEngine lowered AES from a "buy" rating to a "hold" rating in a research note on Friday, September 1st. Zacks Investment Research upgraded AES from a "hold" rating to a "buy" rating and set a $13.00 price objective for the company in a research report on Thursday, August 24th.
There are 529 institutional holders with active positions, accounting for 619 million shares in total. Wall Street analysts have a consensus 2.30 recommendation on the stock. Bank of America has "Buy" rating and $12.0 target. With 5.12M shares average volume, it will take short sellers 2 days to cover their AES's short positions. The shares were purchased at an average price of $10.60 per share, for a total transaction of $49,820.00. Aristotle Capital Ltd Liability Co stated it has 15.60M shares. The acquisition was disclosed in a filing with the SEC, which is accessible through this link.
Autoliv Incorporated (NYSE:ALV) had a decrease of 6.52% in short interest. The shares were bought at an average price of $10.17 per share, for a total transaction of $250,507.44. Following the purchase, the chief financial officer now directly owns 219,131 shares of the company's stock, valued at $2,331,553.84. The disclosure for this purchase can be found here.
Many value investors look for stocks with a high percent of insider ownership, under the theory that when management are shareholders, they will act in its own self interest, and create shareholder value in the long-term.
ILLEGAL ACTIVITY NOTICE: This report was first reported by The Lincolnian Online and is the property of of The Lincolnian Online. Finally, Argus reiterated a "hold" rating on shares of The AES Corporation in a research note on Thursday, March 23rd. The firm also owns and/or operates utilities to generate or purchase, distribute, transmit, and sell electricity to end-user clients in the residential, commercial, industrial, and governmental sectors; and generates and sells electricity on the wholesale market.