Schroder Investment Management Group lifted its position in The AES Corporation (NYSE:AES) by 36.6% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 783,925 shares of the utilities provider’s stock after acquiring an additional 209,924 shares during the quarter. Schroder Investment Management Group owned approximately 0.12% of The AES Corporation worth $8,749,000 as of its most recent filing with the SEC.

Several other large investors have also recently modified their holdings of the stock. Ffcm LLC lifted its position in shares of The AES Corporation by 171.8% in the 2nd quarter. Ffcm LLC now owns 10,495 shares of the utilities provider’s stock valued at $116,000 after acquiring an additional 6,634 shares in the last quarter. Northern Capital Management LLC lifted its position in shares of The AES Corporation by 21.3% in the 2nd quarter. Northern Capital Management LLC now owns 93,000 shares of the utilities provider’s stock valued at $1,033,000 after acquiring an additional 16,350 shares in the last quarter. Thompson Siegel & Walmsley LLC lifted its position in shares of The AES Corporation by 5.7% in the 2nd quarter. Thompson Siegel & Walmsley LLC now owns 9,976,647 shares of the utilities provider’s stock valued at $110,841,000 after acquiring an additional 541,021 shares in the last quarter. Community Bank & Trust Waco Texas purchased a new stake in shares of The AES Corporation in the 2nd quarter valued at approximately $134,000. Finally, Everence Capital Management Inc. lifted its position in shares of The AES Corporation by 104.5% in the 2nd quarter. Everence Capital Management Inc. now owns 28,654 shares of the utilities provider’s stock valued at $318,000 after acquiring an additional 14,640 shares in the last quarter. Institutional investors and hedge funds own 93.21% of the company’s stock.

Several brokerages recently commented on AES. BidaskClub upgraded shares of The AES Corporation from a “strong sell” rating to a “sell” rating in a research report on Wednesday, August 23rd. SunTrust Banks, Inc. restated a “buy” rating and issued a $15.00 price target on shares of The AES Corporation in a research report on Wednesday. Zacks Investment Research upgraded shares of The AES Corporation from a “hold” rating to a “buy” rating and set a $13.00 price target for the company in a research report on Thursday, August 17th. Morgan Stanley restated an “equal weight” rating on shares of The AES Corporation in a research report on Friday, September 8th. Finally, Royal Bank Of Canada restated a “hold” rating and issued a $12.00 price target on shares of The AES Corporation in a research report on Monday, September 11th. Four analysts have rated the stock with a sell rating, five have issued a hold rating and one has given a buy rating to the company’s stock. The AES Corporation currently has a consensus rating of “Hold” and an average target price of $12.40.

Shares of The AES Corporation (NYSE:AES) opened at 11.35 on Friday. The AES Corporation has a 52-week low of $10.60 and a 52-week high of $13.32. The stock’s market cap is $7.49 billion. The firm has a 50-day moving average of $11.19 and a 200-day moving average of $11.32.

The AES Corporation (NYSE:AES) last issued its quarterly earnings data on Tuesday, August 8th. The utilities provider reported $0.25 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.21 by $0.04. The firm had revenue of $3.47 billion during the quarter, compared to analysts’ expectations of $2.97 billion. The AES Corporation had a negative net margin of 5.30% and a positive return on equity of 15.86%. The business’s revenue for the quarter was up 7.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.17 earnings per share. On average, equities analysts expect that The AES Corporation will post $1.05 EPS for the current fiscal year.

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About The AES Corporation

The AES Corporation is a holding company. The Company, through its subsidiaries and affiliates, operates a diversified portfolio of electricity generation and distribution businesses. It is organized into six strategic business units (SBUs): the United States; Andes; Brazil; Mexico, Central America and the Caribbean (MCAC); Europe, and Asia.

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Institutional Ownership by Quarter for The AES Corporation (NYSE:AES)

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