Quantbot Technologies LP Has $2.27 Million Stock Holdings in The AES Corporation $AES

Key Points

• Quantbot Technologies LP reduced its stake in The AES Corporation by 27.5%, owning 182,496 shares after selling 69,392 shares in the first quarter, reflecting a valuation of approximately $2.27 million.
• Several institutional investors, including Optiver Holding B.V. and CVA Family Office LLC, significantly increased their stakes in AES, indicating a dynamic interest in the stock.
• AES's recent earnings report revealed an EPS of $0.51, surpassing expectations, along with a quarterly dividend declared at $0.176, indicating a yield of 5.3%.

Quantbot Technologies LP cut its stake in shares of The AES Corporation (NYSE:AES - Free Report) by 27.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 182,496 shares of the utilities provider's stock after selling 69,392 shares during the period. Quantbot Technologies LP's holdings in AES were worth $2,267,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in AES. Mariner LLC grew its stake in shares of AES by 5.4% during the fourth quarter. Mariner LLC now owns 84,061 shares of the utilities provider's stock worth $1,082,000 after purchasing an additional 4,319 shares during the period. Marshall Wace LLP acquired a new position in AES in the fourth quarter valued at about $4,809,000. First Trust Advisors LP grew its stake in AES by 53.9% in the fourth quarter. First Trust Advisors LP now owns 471,026 shares of the utilities provider's stock valued at $6,062,000 after acquiring an additional 164,910 shares during the period. Dimensional Fund Advisors LP grew its stake in AES by 32.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 4,301,147 shares of the utilities provider's stock valued at $55,350,000 after acquiring an additional 1,062,074 shares during the period. Finally, Natixis acquired a new position in AES in the fourth quarter valued at about $458,000. 93.13% of the stock is owned by institutional investors and hedge funds.

AES Stock Up 0.1%

Shares of AES stock traded up $0.0160 during trading on Monday, reaching $13.5060. The stock had a trading volume of 3,797,418 shares, compared to its average volume of 15,406,413. The company has a market capitalization of $9.62 billion, a price-to-earnings ratio of 9.52, a P/E/G ratio of 1.62 and a beta of 0.96. The stock has a fifty day moving average price of $12.39 and a two-hundred day moving average price of $11.48. The AES Corporation has a 52 week low of $9.46 and a 52 week high of $20.30. The company has a current ratio of 0.82, a quick ratio of 0.74 and a debt-to-equity ratio of 3.46.

AES (NYSE:AES - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The utilities provider reported $0.51 EPS for the quarter, beating the consensus estimate of $0.39 by $0.12. AES had a return on equity of 19.02% and a net margin of 8.42%.The firm had revenue of $2.86 billion during the quarter, compared to analysts' expectations of $2.97 billion. During the same period in the prior year, the firm posted $0.38 earnings per share. The business's quarterly revenue was down 3.0% compared to the same quarter last year. Sell-side analysts predict that The AES Corporation will post 1.93 EPS for the current fiscal year.

AES Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, August 15th. Investors of record on Friday, August 1st were given a dividend of $0.176 per share. The ex-dividend date of this dividend was Friday, August 1st. This represents a $0.70 annualized dividend and a yield of 5.2%. AES's dividend payout ratio is 49.30%.

Analyst Upgrades and Downgrades

AES has been the subject of a number of research analyst reports. Wall Street Zen raised AES from a "sell" rating to a "hold" rating in a research note on Saturday, August 2nd. Argus reissued a "hold" rating on shares of AES in a research note on Tuesday, May 27th. Citigroup decreased their target price on AES from $23.00 to $14.00 and set a "buy" rating for the company in a research note on Friday, May 9th. Barclays boosted their target price on AES from $12.00 to $14.00 and gave the company an "overweight" rating in a research note on Tuesday, July 22nd. Finally, Susquehanna boosted their price target on AES from $15.00 to $16.00 and gave the company a "positive" rating in a report on Monday, July 21st. Two equities research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $24.67.

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.