Aes Corp Com (AES) Holder Pinebridge Investments LP Decreased Its Stake

The AES Corporation (NYSE:AES) LogoInvestors sentiment decreased to 0.97 in Q4 2018. Its down 0.15, from 1.12 in 2018Q3. It is negative, as 38 investors sold AES shares while 167 reduced holdings. 57 funds opened positions while 141 raised stakes. 607.87 million shares or 0.11% more from 607.21 million shares in 2018Q3 were reported. State Treasurer State Of Michigan reported 189,605 shares. Btc Capital Mgmt stated it has 0.56% in The AES Corporation (NYSE:AES). First Quadrant Ltd Partnership Ca owns 37,729 shares. Moreover, Savings Bank Of Montreal Can has 0.22% invested in The AES Corporation (NYSE:AES) for 16.40M shares. 80,822 were accumulated by Bokf Na. Stevens Capital Management Lp reported 547,851 shares or 0.41% of all its holdings. Cookson Peirce And Co invested 2.18% of its portfolio in The AES Corporation (NYSE:AES). Tuttle Tactical, Connecticut-based fund reported 47,425 shares. Norinchukin Bancshares The holds 121,326 shares. 568,724 were accumulated by Amer Gru. Swiss Natl Bank accumulated 2.15 million shares or 0.04% of the stock. Sumitomo Mitsui Tru Hldgs Inc has invested 0.04% in The AES Corporation (NYSE:AES). Bp Public Llc invested 0.05% in The AES Corporation (NYSE:AES). Moreover, Caprock Gp Inc has 0.07% invested in The AES Corporation (NYSE:AES) for 21,776 shares. North Star Asset Mgmt owns 908,060 shares.

Since December 26, 2018, it had 1 buy, and 0 insider sales for $481,250 activity.

Pinebridge Investments Lp decreased its stake in Aes Corp Com (AES) by 17.66% based on its latest 2018Q4 regulatory filing with the SEC. Pinebridge Investments Lp sold 309,762 shares as the company’s stock rose 10.38% with the market. The hedge fund held 1.44 million shares of the central company at the end of 2018Q4, valued at $20.88M, down from 1.75 million at the end of the previous reported quarter. Pinebridge Investments Lp who had been investing in Aes Corp Com for a number of months, seems to be less bullish one the $12.13 billion market cap company. The stock increased 0.72% or $0.13 during the last trading session, reaching $18.31. About 7.75M shares traded or 25.92% up from the average. The AES Corporation (NYSE:AES) has risen 56.20% since March 15, 2018 and is uptrending. It has outperformed by 51.83% the S&P500.

Pinebridge Investments Lp, which manages about $38.23B and $4.49B US Long portfolio, upped its stake in Phillips 66 Com (NYSE:PSX) by 52,159 shares to 248,034 shares, valued at $21.37 million in 2018Q4, according to the filing. It also increased its holding in Petroleo Brasileiro Sa Petro Sponsored Adr (NYSE:PBR) by 346,722 shares in the quarter, for a total of 757,748 shares, and has risen its stake in Itau Unibanco Hldg Sa Spon Adr Rep Pfd (NYSE:ITUB).

Analysts await The AES Corporation (NYSE:AES) to report earnings on May, 14. They expect $0.32 earnings per share, up 14.29 % or $0.04 from last year’s $0.28 per share. AES’s profit will be $211.98 million for 14.30 P/E if the $0.32 EPS becomes a reality. After $0.36 actual earnings per share reported by The AES Corporation for the previous quarter, Wall Street now forecasts -11.11 % negative EPS growth.

More important recent The AES Corporation (NYSE:AES) news were published by: Benzinga.com which released: “Earnings Scheduled For February 27, 2019 – Benzinga” on February 27, 2019, also Streetinsider.com published article titled: “AES Corp (AES) Tops Q4 EPS by 2c; FY19 EPS Mid-Point Guidance Above Consensus – StreetInsider.com”, Businesswire.com published: “AES to Help APS Customers Get Solar After Sunset with New 100 MW Energy Storage System – Business Wire” on February 21, 2019. More interesting news about The AES Corporation (NYSE:AES) was released by: Globenewswire.com and their article: “Investor Expectations to Drive Momentum within Magellan Health, Medtronic, CME Group, United Parcel Service, Diebold Nixdorf, and The AES — Discovering Underlying Factors of Influence – GlobeNewswire” with publication date: March 05, 2019.

The AES Corporation (NYSE:AES) Ratings Coverage

Among 3 analysts covering AES (NYSE:AES), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. AES had 7 analyst reports since September 21, 2018 according to SRatingsIntel. The firm earned “Hold” rating on Thursday, February 28 by UBS. The firm has “Buy” rating given on Thursday, February 28 by Macquarie Research. Morgan Stanley maintained it with “Equal-Weight” rating and $14 target in Friday, September 21 report. The company was maintained on Wednesday, March 13 by Morgan Stanley. The company was maintained on Thursday, October 11 by Morgan Stanley.

The AES Corporation (NYSE:AES) Ratings Chart

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