The Aes Corp (NYSE:AES).
Clearbridge Investments, LLC bought 35,558 shares last quarter increasing its stake in The Aes Corp (AES) by 0.6%. Its stake was valued at $62,543,000 a decrease of $116,000 according to the filing.
Here are a few institutional investors who have updated their positions. Millennium Management LLC grew its ownership by buying 1,331,272 shares an increase of 52.9% in the quarter. Millennium Management LLC now holds 3,847,840 shares worth $42,403,000. The value of the position overall is up by 51.7%. As of the end of the quarter Renaissance Technologies LLC had bought a total of 2,258,314 shares growing its stake by 141.4%. The value of the total investment in The Aes Corp increased from $17,747,000 to $42,490,000 a change of 139.4% for the reporting period.
Schwab Charles Investment Management Inc expanded its position by buying 225,289 shares an increase of 6.1%. Schwab Charles Investment Management Inc owns 3,911,669 shares valued at $43,107,000. The total value of its holdings increased 5.3%.
On September 13 SunTrust Banks made no change to the stock rating of “Buy” projecting a price of $15.00.
September 11 investment analysts at Royal Bank Of Canada held the stock rating at “Hold” targeting a price of $12.00. September 8 investment analysts at Morgan Stanley reiterated a “Equal Weight” rating on the company.
In the market the company is trading down by 0.28% since yesterday’s close of 10.87. The most current P/E ratio is N/A and the market cap of the company is 7.16B. In the latest earnings report the EPS was $-0.03 with 660.39M shares presently outstanding.
Short traders are feeling a little more bullish recently looking at the motion in short interest. The company realized a fall in short interest from September 29, 2017 to October 13, 2017 of -24.16%. Short interest fell 2,515,608 over that timeframe. Days to cover increased from 2.0 to 3.0 and the short interest percentage is 0.01% as of October 13.