Acropolis Investment Management LLC grew its stake in Ameren Corp (NYSE:AEE) by 101.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,392 shares of the utilities provider’s stock after acquiring an additional 1,712 shares during the period. Acropolis Investment Management LLC’s holdings in Ameren were worth $200,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in AEE. Moisand Fitzgerald Tamayo LLC bought a new position in shares of Ameren in the 3rd quarter valued at about $116,000. Cable Hill Partners LLC grew its holdings in shares of Ameren by 400.2% in the 3rd quarter. Cable Hill Partners LLC now owns 2,031 shares of the utilities provider’s stock valued at $117,000 after acquiring an additional 1,625 shares in the last quarter. Seizert Capital Partners LLC bought a new position in shares of Ameren in the 3rd quarter valued at about $201,000. Zeke Capital Advisors LLC bought a new position in shares of Ameren in the 3rd quarter valued at about $201,000. Finally, First Midwest Bank Trust Division bought a new position in shares of Ameren in the 3rd quarter valued at about $202,000. Institutional investors own 70.44% of the company’s stock.

In other news, SVP Gregory L. Nelson sold 12,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 22nd. The stock was sold at an average price of $62.68, for a total transaction of $752,160.00. Following the completion of the sale, the senior vice president now owns 36,785 shares in the company, valued at $2,305,683.80. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Insiders own 0.38% of the company’s stock.

A number of equities analysts recently commented on the company. Zacks Investment Research cut Ameren from a “hold” rating to a “sell” rating in a report on Friday, January 5th. KeyCorp reiterated a “hold” rating on shares of Ameren in a report on Friday, October 20th. ValuEngine cut Ameren from a “buy” rating to a “hold” rating in a report on Monday, December 4th. Morgan Stanley cut Ameren from an “equal weight” rating to an “underweight” rating and set a $61.00 price target for the company. in a report on Wednesday, December 13th. Finally, Bank of America assumed coverage on Ameren in a report on Tuesday, October 24th. They set a “neutral” rating and a $62.00 price target for the company. Three equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and one has issued a strong buy rating to the company’s stock. Ameren presently has a consensus rating of “Hold” and an average target price of $56.80.

Ameren Corp (AEE) opened at $56.15 on Friday. Ameren Corp has a 1-year low of $51.35 and a 1-year high of $64.89. The company has a current ratio of 0.61, a quick ratio of 0.40 and a debt-to-equity ratio of 0.92. The company has a market capitalization of $13,620.00, a PE ratio of 22.28, a P/E/G ratio of 2.72 and a beta of 0.37.

Ameren (NYSE:AEE) last posted its quarterly earnings results on Friday, November 3rd. The utilities provider reported $1.24 EPS for the quarter, missing analysts’ consensus estimates of $1.31 by ($0.07). Ameren had a return on equity of 8.61% and a net margin of 10.03%. The business had revenue of $1.72 billion for the quarter, compared to the consensus estimate of $1.87 billion. During the same quarter in the previous year, the business posted $1.52 EPS. The company’s revenue for the quarter was down 7.3% on a year-over-year basis. analysts forecast that Ameren Corp will post 2.8 EPS for the current fiscal year.

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Ameren Company Profile

Ameren Corporation is a utility holding company. The Company’s subsidiaries include Ameren Missouri, Ameren Illinois and Ameren Transmission Company (ATXI). It operates through four segments. The Ameren Missouri segment includes all of the operations of Ameren Missouri. The Ameren Illinois Electric Distribution segment consists of the electric distribution business of Ameren Illinois.

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Institutional Ownership by Quarter for Ameren (NYSE:AEE)

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