The AES Corporation (NYSE:AES) COO Santos Bernerd Da acquired 4,700 shares of the stock in a transaction dated Monday, November 13th. The stock was bought at an average cost of $10.60 per share, with a total value of $49,820.00. Following the completion of the purchase, the chief operating officer now owns 96,186 shares of the company’s stock, valued at $1,019,571.60. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink.

Shares of The AES Corporation (NYSE AES) traded down $0.10 during midday trading on Friday, reaching $10.77. The company’s stock had a trading volume of 5,917,000 shares, compared to its average volume of 5,335,495. The AES Corporation has a 1-year low of $10.00 and a 1-year high of $12.47. The company has a market capitalization of $7,178.40, a price-to-earnings ratio of 10.76, a price-to-earnings-growth ratio of 1.30 and a beta of 1.22. The company has a current ratio of 0.99, a quick ratio of 0.89 and a debt-to-equity ratio of 3.20.

The AES Corporation (NYSE:AES) last posted its quarterly earnings results on Thursday, November 2nd. The utilities provider reported $0.24 EPS for the quarter, missing the Zacks’ consensus estimate of $0.29 by ($0.05). The AES Corporation had a positive return on equity of 15.14% and a negative net margin of 5.43%. The company had revenue of $3.63 billion during the quarter, compared to the consensus estimate of $3.63 billion. During the same period in the previous year, the business earned $0.32 earnings per share. The AES Corporation’s revenue was up 2.5% on a year-over-year basis. equities research analysts anticipate that The AES Corporation will post 1.02 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 15th. Stockholders of record on Wednesday, November 1st were issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 4.46%. The ex-dividend date of this dividend was Tuesday, October 31st. The AES Corporation’s payout ratio is currently -41.03%.

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Several institutional investors have recently bought and sold shares of AES. Assenagon Asset Management S.A. bought a new position in shares of The AES Corporation in the third quarter worth $21,256,000. Parametric Portfolio Associates LLC raised its position in shares of The AES Corporation by 60.6% in the second quarter. Parametric Portfolio Associates LLC now owns 2,756,793 shares of the utilities provider’s stock worth $30,628,000 after buying an additional 1,040,302 shares in the last quarter. Thompson Siegel & Walmsley LLC raised its position in shares of The AES Corporation by 7.8% in the third quarter. Thompson Siegel & Walmsley LLC now owns 10,753,174 shares of the utilities provider’s stock worth $118,500,000 after buying an additional 776,527 shares in the last quarter. Teachers Advisors LLC raised its position in shares of The AES Corporation by 75.9% in the second quarter. Teachers Advisors LLC now owns 1,593,300 shares of the utilities provider’s stock worth $17,702,000 after buying an additional 687,604 shares in the last quarter. Finally, Capital International Investors raised its position in shares of The AES Corporation by 2.4% in the third quarter. Capital International Investors now owns 24,125,215 shares of the utilities provider’s stock worth $265,860,000 after buying an additional 567,371 shares in the last quarter. 94.25% of the stock is owned by hedge funds and other institutional investors.

AES has been the subject of several analyst reports. ValuEngine downgraded The AES Corporation from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Bank of America Corporation raised The AES Corporation from a “neutral” rating to a “buy” rating and set a $12.00 price objective for the company in a research note on Monday. BidaskClub raised The AES Corporation from a “strong sell” rating to a “sell” rating in a research note on Wednesday, August 23rd. Zacks Investment Research raised The AES Corporation from a “hold” rating to a “buy” rating and set a $12.00 price objective for the company in a research note on Tuesday, September 5th. Finally, Royal Bank Of Canada reissued a “hold” rating and issued a $12.00 price objective on shares of The AES Corporation in a research note on Monday, September 11th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the stock. The AES Corporation has an average rating of “Hold” and an average price target of $12.75.

The AES Corporation Company Profile

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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