Traders sold shares of The AES Corporation (NYSE:AES) on strength during trading hours on Thursday. $10.19 million flowed into the stock on the tick-up and $20.35 million flowed out of the stock on the tick-down, for a money net flow of $10.16 million out of the stock. Of all companies tracked, The AES Corporation had the 23rd highest net out-flow for the day. The AES Corporation traded up $0.13 for the day and closed at $11.38

AES has been the topic of several research analyst reports. ValuEngine cut shares of The AES Corporation from a “buy” rating to a “hold” rating in a report on Friday, June 30th. Zacks Investment Research raised shares of The AES Corporation from a “hold” rating to a “buy” rating and set a $12.00 price target on the stock in a report on Wednesday, July 12th. BidaskClub raised shares of The AES Corporation from a “strong sell” rating to a “sell” rating in a report on Monday, July 24th. Finally, Morgan Stanley reaffirmed an “equal weight” rating on shares of The AES Corporation in a report on Monday, July 10th. Three research analysts have rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company. The AES Corporation presently has an average rating of “Hold” and a consensus price target of $11.75.

The company’s 50-day moving average price is $11.18 and its 200-day moving average price is $11.37. The stock’s market cap is $7.51 billion.

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

The company also recently announced a quarterly dividend, which will be paid on Thursday, August 17th. Investors of record on Thursday, August 3rd will be paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 4.22%. The ex-dividend date of this dividend is Tuesday, August 1st. The AES Corporation’s dividend payout ratio (DPR) is -42.10%.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Pinnacle Bank bought a new stake in shares of The AES Corporation during the first quarter valued at approximately $411,000. Jane Street Group LLC bought a new stake in shares of The AES Corporation during the first quarter valued at approximately $117,000. Ffcm LLC boosted its stake in shares of The AES Corporation by 171.8% in the second quarter. Ffcm LLC now owns 10,495 shares of the utilities provider’s stock valued at $116,000 after buying an additional 6,634 shares during the last quarter. IFP Advisors Inc boosted its stake in shares of The AES Corporation by 94.0% in the first quarter. IFP Advisors Inc now owns 11,329 shares of the utilities provider’s stock valued at $127,000 after buying an additional 5,489 shares during the last quarter. Finally, HRT Financial LLC bought a new stake in shares of The AES Corporation during the first quarter valued at approximately $132,000. Institutional investors own 93.57% of the company’s stock.

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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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