Edmond DE Rothschild Holding SA Holds Position in The AES Corporation (AES)

Elias Hubbard
July 14, 2017

Institutional investors own 93.79% of the company's stock. Warren Averett Asset Management Llc who had been investing in Vulcan Matls Co for a number of months, seems to be bullish on the $16.56B market cap company. Beta factor was calculated at 1.22. Neonode, Inc (NEON) has declined 22.81% since July 10, 2016 and is downtrending. About 4.34 million shares traded. The utilities provider reported $0.17 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.20 by $0.03. The company has market cap of $7.43 billion. The stock rose 1.42% or $0.15 reaching $11.09 per share. About 1.69 million shares traded.

The Aes Corp (NYSE:AES) now has a trailing P/E of -5.71 while its forward P/E according to Thomson Reuters is 9.17. It has underperformed by 12.42% the S&P500.

The AES Corporation (NYSE:AES) last posted its earnings results on Monday, May 8th.

The Average Volume for 10 days is 5.21 Million for The Aes Corp (NYSE:AES).

According to Zacks, "AES Corp. continues to streamline its portfolio through asset divestments and by exiting markets and businesses where it does not have or can not develop a competitive advantage". The original version of this piece can be read at https://www.themarketsdaily.com/2017/07/13/principal-financial-group-inc-lowers-position-in-the-aes-corporation-nyseaes-updated.html.

The share price of the company (NYSE:AES) was down -0.09% during the last trading session, with a high of 10.98 and the volume of The AES Corporation shares traded was 4824000. Therefore 29% are positive.

Several research firms recently commented on AES. Argus reiterated a "hold" recommendation on stocks of the AES Corporation in a study analysis published on early Thur, Mar 23rd. BidaskClub raised shares of The AES Corporation from a "sell" rating to a "hold" rating in a research report on Wednesday, June 14th.

10/03/2016 - The AES Corporation was downgraded to " by analysts at UBS.

10/04/2016 - The AES Corporation was downgraded to " by analysts at Barclays. The rating was initiated by Wolfe Research on Wednesday, November 4 with "Peer Perform".

With these kinds of figures it is worthy to note that The AES Corporation (AES) has been put into a neutral territory, but there are few other spots to consider. RBC Capital Markets has "Sector Perform" rating and $12 target.

Teewinot Capital Advisers Llc, which manages about $260.49M and $158.95M US Long portfolio, upped its stake in Delta Air Lines Inc Del (NYSE:DAL) by 30,706 shares to 90,156 shares, valued at $4.44 million in 2016Q4, according to the filing. This increase is typical for the uptrend and shows the considerable optimism among investors. Its up 0.04, from 1.23 in 2016Q3. The company has its outstanding shares of 2.75 billion. 63 funds opened positions while 154 raised stakes. The active investment managers in our partner's database now possess: 614.95 million shares, up from 608.13 million shares in 2016Q3. Metropolitan Life Ins Com New York has invested 0.03% of its portfolio in AES Corp (NYSE:AES). Commonwealth Equity Services reported 0.01% in AES Corp (NYSE:AES). Huntington Bankshares stated it has 0% of its portfolio in AES Corp (NYSE:AES). Lazard Asset Mngmt invested 0.07% in AES Corp (NYSE:AES). Asset Management One Ltd has 0.04% invested in AES Corp (NYSE:AES). Georgia-based Advsr Limited Liability Company has invested 0.22% in Energy Transfer Partners LP (NYSE:ETP). Kcg Inc holds 206,146 shares. Panagora Asset Management, a Massachusetts-based fund reported 419,475 shares. Revenue is expected in between 4.64 Billion and 4.64 Billion with an average of 4.64 Billion.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.

Other reports by Click Lancashire

Discuss This Article