Flow Traders U.s. adds AES Corp (AES) to its portfolio

AES Corp (AES) : Flow Traders U.s. added new position in AES Corp during the most recent quarter end. The investment management firm now holds 100 shares of AES Corp which is valued at $1,116 , the company said in a statement filed on May 12, 2016 with the SEC.

Other Hedge Funds, Including , Hanlon Investment Management sold out all of its stake in AES during the most recent quarter. The investment firm sold 398,211 shares of AES which is valued $4.4 Million. Trexquant Investment Lp added AES to its portfolio by purchasing 29,500 company shares during the most recent quarter which is valued at $329,220. AES Corp makes up approx 0.04% of Trexquant Investment Lp’s portfolio. Matarin Capital Management sold out all of its stake in AES during the most recent quarter. The investment firm sold 156,387 shares of AES which is valued $1.7 Million.Ngam Advisors reduced its stake in AES by selling 6,622 shares or 9.73% in the most recent quarter. The Hedge Fund company now holds 61,454 shares of AES which is valued at $680,910. AES Corp makes up approx 0.01% of Ngam Advisors’s portfolio.Td Securities (usa) reduced its stake in AES by selling 2 shares or 1.32% in the most recent quarter. The Hedge Fund company now holds 149 shares of AES which is valued at $1,663. AES Corp makes up approx 0.01% of Td Securities (usa)’s portfolio.

AES Corp opened for trading at $10.76 and hit $10.9 on the upside on Friday, eventually ending the session at $10.89, with a gain of 1.40% or 0.15 points. The heightened volatility saw the trading volume jump to 28,64,840 shares. Company has a market cap of $7,177 M.

On the company’s financial health, AES Corp reported $0.13 EPS for the quarter, missing the analyst consensus estimate by $ -0.07 based on the information available during the earnings call on May 9, 2016. Analyst had a consensus of $0.20. The company had revenue of $3471.00 million for the quarter, compared to analysts expectations of $3786.28 million. The company’s revenue was down -12.9 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.25 EPS.

The AES Corporation (AES) is a holding company that operates a portfolio of electricity generation and distribution businesses. The Company is organized into six market-oriented Strategic Business Units (SBUs): the United States Andes (Chile Colombia and Argentina) Brazil MCAC (Mexico Central America and Caribbean) Europe (formerly EMEA) and Asia. Within these six SBUs the Company has two lines of business: generation and utilities. Under the generation business line the Company owns and operates power plants to generate and sell power to customers such as utilities industrial users and other intermediaries. Under the utilities business line the Company owns and operates utilities to generate or purchase distribute transmit and sell electricity to end-user customers in the residential commercial industrial and governmental sectors within a defined service area. Its utilities also generate and sell electricity on the wholesale market.

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