Universal Beteiligungs und Servicegesellschaft mbH Buys New Position in The AES Co. (NYSE:AES)

Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of The AES Co. (NYSE:AES - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 259,046 shares of the utilities provider's stock, valued at approximately $3,334,000.

A number of other large investors have also recently added to or reduced their stakes in AES. SRS Capital Advisors Inc. raised its holdings in shares of AES by 190.3% in the 4th quarter. SRS Capital Advisors Inc. now owns 2,412 shares of the utilities provider's stock worth $31,000 after purchasing an additional 1,581 shares during the period. Optiver Holding B.V. lifted its holdings in AES by 79.5% during the 4th quarter. Optiver Holding B.V. now owns 2,711 shares of the utilities provider's stock worth $35,000 after buying an additional 1,201 shares during the last quarter. WR Wealth Planners LLC lifted its stake in AES by 93.3% during the fourth quarter. WR Wealth Planners LLC now owns 2,837 shares of the utilities provider's stock worth $37,000 after purchasing an additional 1,369 shares during the last quarter. McIlrath & Eck LLC lifted its holdings in AES by 760.4% in the fourth quarter. McIlrath & Eck LLC now owns 3,347 shares of the utilities provider's stock worth $43,000 after acquiring an additional 2,958 shares during the last quarter. Finally, Covestor Ltd lifted its holdings in shares of AES by 601.5% in the 4th quarter. Covestor Ltd now owns 5,745 shares of the utilities provider's stock worth $74,000 after purchasing an additional 4,926 shares during the last quarter. 93.13% of the stock is owned by institutional investors and hedge funds.

AES Price Performance

Shares of AES traded down $0.08 during mid-day trading on Wednesday, reaching $10.19. The company had a trading volume of 9,996,873 shares, compared to its average volume of 12,505,917. The company's 50-day moving average is $10.72 and its 200-day moving average is $11.61. The company has a debt-to-equity ratio of 3.21, a current ratio of 0.85 and a quick ratio of 0.80. The company has a market capitalization of $7.25 billion, a P/E ratio of 7.08, a P/E/G ratio of 0.82 and a beta of 0.94. The AES Co. has a twelve month low of $9.46 and a twelve month high of $21.12.

AES (NYSE:AES - Get Free Report) last issued its quarterly earnings data on Thursday, May 1st. The utilities provider reported $0.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.37 by ($0.10). AES had a net margin of 8.34% and a return on equity of 27.30%. The business had revenue of $2.93 billion during the quarter, compared to the consensus estimate of $3.13 billion. During the same quarter in the previous year, the firm posted $0.60 EPS. The company's revenue for the quarter was down 5.2% compared to the same quarter last year. On average, equities analysts anticipate that The AES Co. will post 1.93 EPS for the current year.

Analysts Set New Price Targets

Several equities analysts have commented on AES shares. Seaport Res Ptn cut shares of AES from a "hold" rating to a "strong sell" rating in a research note on Monday, March 3rd. Wall Street Zen cut AES from a "hold" rating to a "sell" rating in a research report on Saturday, May 24th. HSBC lowered their price objective on shares of AES from $15.00 to $14.00 in a research report on Monday, May 5th. Mizuho dropped their target price on AES from $16.00 to $15.00 and set an "outperform" rating on the stock in a research report on Tuesday, March 4th. Finally, Susquehanna cut their price target on shares of AES from $16.00 to $15.00 and set a "positive" rating on the stock in a report on Wednesday, March 5th. Three research analysts have rated the stock with a sell rating, two have issued a hold rating, six have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat, AES currently has an average rating of "Moderate Buy" and a consensus price target of $24.22.

AES Company Profile

The AES Corporation, together with its subsidiaries, operates as a diversified power generation and utility company in the United States and internationally. The company owns and/or operates power plants to generate and sell power to customers, such as utilities, industrial users, and other intermediaries; owns and/or operates utilities to generate or purchase, distribute, transmit, and sell electricity to end-user customers in the residential, commercial, industrial, and governmental sectors; and generates and sells electricity on the wholesale market.