Is there a Bearish outlook for The AES Corporation (NYSE:AES) this week?

May 18, 2018 - By Julie Dion

The AES Corporation (NYSE:AES) LogoInvestors sentiment decreased to 0.85 in Q4 2017. Its down 0.47, from 1.32 in 2017Q3. It turned negative, as 51 investors sold The AES Corporation shares while 155 reduced holdings. 46 funds opened positions while 129 raised stakes. 597.29 million shares or 0.16% more from 596.31 million shares in 2017Q3 were reported.
Quantum Capital Mngmt accumulated 103,265 shares. Moreover, Benjamin F Edwards And Comm has 0% invested in The AES Corporation (NYSE:AES) for 1,600 shares. The Pennsylvania-based Valley Natl Advisers has invested 0% in The AES Corporation (NYSE:AES). Weiss Multi holds 518,722 shares. Sumitomo Mitsui Asset Mgmt Co Ltd has invested 0.01% of its portfolio in The AES Corporation (NYSE:AES). Riverhead Capital Management accumulated 32,525 shares or 0.01% of the stock. Hsbc Plc owns 839,948 shares. Brinker Cap Inc accumulated 115,350 shares. Moreover, Personal Capital Advsr has 0.27% invested in The AES Corporation (NYSE:AES) for 1.48M shares. Thompson Siegel Walmsley Limited Liability accumulated 12.78 million shares. Ls Advsr Ltd Liability Corporation stated it has 0.02% of its portfolio in The AES Corporation (NYSE:AES). Legal And General Gru Public Ltd Liability Co has 4.14 million shares for 0.03% of their portfolio. Neuberger Berman Gp Ltd holds 0.03% or 2.71M shares. Conning owns 15,381 shares. Lpl Fincl Ltd stated it has 0% of its portfolio in The AES Corporation (NYSE:AES).

The AES Corporation (NYSE:AES) Ratings Coverage

Among 5 analysts covering AES (NYSE:AES), 2 have Buy rating, 0 Sell and 3 Hold. Therefore 40% are positive. AES had 6 analyst reports since December 13, 2017 according to SRatingsIntel. The stock of The AES Corporation (NYSE:AES) earned “Buy” rating by SunTrust on Monday, February 12. As per Monday, March 19, the company rating was maintained by JP Morgan. The company was downgraded on Wednesday, May 16 by Bank of America. Morgan Stanley maintained The AES Corporation (NYSE:AES) on Wednesday, December 13 with “Equal-Weight” rating. Below is a list of The AES Corporation (NYSE:AES) latest ratings and price target changes.

16/05/2018 Broker: Bank of America Rating: Hold New Target: $12.0000 Downgrade
27/04/2018 Broker: Morgan Stanley Rating: Hold New Target: $13.5000
19/03/2018 Broker: JP Morgan Old Rating: Overweight New Rating: Overweight Old Target: $12 New Target: $13 Maintain
12/02/2018 Broker: SunTrust Rating: Buy New Target: $14.0 Maintain
02/02/2018 Broker: UBS Rating: Neutral New Target: $12 Initiates Coverage On
13/12/2017 Broker: Morgan Stanley Rating: Equal-Weight Old Target: $14 New Target: $12.5 Maintain

The stock decreased 0.25% or $0.03 during the last trading session, reaching $12.02. About 472,014 shares traded. The AES Corporation (NYSE:AES) has declined 1.62% since May 18, 2017 and is downtrending. It has underperformed by 13.17% the S&P500.

The AES Corporation operates as a diversified power generation and utility company. The company has market cap of $7.95 billion. It owns and/or operates power plants to generate and sell power to customers, such as utilities, industrial users, and other intermediaries. It currently has negative earnings. The firm also owns and/or operates utilities to generate or purchase, distribute, transmit, and sell electricity to end-user clients in the residential, commercial, industrial, and governmental sectors; and generates and sells electricity on the wholesale market.

Another recent and important The AES Corporation (NYSE:AES) news was published by Seekingalpha.com which published an article titled: “AES Corp’s (AES) CEO Andrés Weilert on Q1 2018 Results – Earnings Call Transcript” on May 08, 2018.

The AES Corporation (NYSE:AES) Ratings Chart

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