Zebra Capital Management LLC Has $1,528,000 Stake in The AES Corporation (AES)
Zebra Capital Management LLC held its position in shares of The AES Corporation (NYSE:AES) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 131,478 shares of the company’s stock at the end of the fourth quarter. Zebra Capital Management LLC’s holdings in The AES Corporation were worth $1,528,000 at the end of the most recent quarter.
Other institutional investors also recently modified their holdings of the company. Thompson Siegel & Walmsley LLC increased its position in shares of The AES Corporation by 426.5% in the fourth quarter. Thompson Siegel & Walmsley LLC now owns 5,416,985 shares of the company’s stock valued at $62,945,000 after buying an additional 4,388,090 shares during the last quarter. Capital International Investors increased its position in shares of The AES Corporation by 18.6% in the second quarter. Capital International Investors now owns 17,793,786 shares of the company’s stock valued at $222,066,000 after buying an additional 2,788,267 shares during the last quarter. Symons Capital Management Inc. bought a new position in shares of The AES Corporation during the second quarter valued at $15,956,000. Russell Investments Group Ltd. bought a new position in shares of The AES Corporation during the fourth quarter valued at $9,299,000. Finally, Heartland Advisors Inc. bought a new position in shares of The AES Corporation during the third quarter valued at $5,783,000. Hedge funds and other institutional investors own 93.97% of the company’s stock.
The AES Corporation (NYSE:AES) traded up 0.78% during midday trading on Thursday, reaching $11.65. The company had a trading volume of 5,787,541 shares. The company’s market capitalization is $7.68 billion. The firm has a 50-day moving average of $11.52 and a 200 day moving average of $11.92. The AES Corporation has a 1-year low of $9.32 and a 1-year high of $13.32.
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, February 15th. Investors of record on Wednesday, February 1st were issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 4.12%. This is a boost from The AES Corporation’s previous quarterly dividend of $0.11. The AES Corporation’s payout ratio is presently -117.07%.
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AES has been the subject of several analyst reports. Zacks Investment Research upgraded The AES Corporation from a “sell” rating to a “hold” rating in a report on Wednesday, November 16th. Bank of America Corporation downgraded The AES Corporation from a “neutral” rating to an “underperform” rating in a report on Tuesday, November 22nd. Royal Bank Of Canada downgraded The AES Corporation from an “outperform” rating to a “sector perform” rating and reduced their price target for the company from $13.00 to $12.00 in a report on Wednesday, January 4th. Finally, RBC Capital Markets downgraded The AES Corporation from an “outperform” rating to a “sector perform” rating and reduced their price target for the company from $13.00 to $12.00 in a report on Wednesday, January 4th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the stock. The AES Corporation currently has an average rating of “Hold” and a consensus price target of $12.25.
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. The Company is organized into six strategic business units (SBUs): the United States; Andes; Brazil; Mexico, Central America and Caribbean (MCAC); Europe, and Asia.
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