Ameren Co. (NYSE:AEE) Holdings Increased by Seeyond

Seeyond grew its stake in shares of Ameren Co. (NYSE:AEE) by 0.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 28,604 shares of the utilities provider’s stock after buying an additional 129 shares during the quarter. Seeyond’s holdings in Ameren were worth $2,289,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Ossiam acquired a new position in shares of Ameren in the 2nd quarter worth approximately $1,302,000. APG Asset Management N.V. grew its stake in shares of Ameren by 1.4% in the 2nd quarter. APG Asset Management N.V. now owns 625,436 shares of the utilities provider’s stock worth $42,213,000 after purchasing an additional 8,500 shares during the last quarter. Alpha Paradigm Partners LLC grew its stake in shares of Ameren by 43.1% in the 2nd quarter. Alpha Paradigm Partners LLC now owns 6,229 shares of the utilities provider’s stock worth $499,000 after purchasing an additional 1,877 shares during the last quarter. QS Investors LLC grew its stake in shares of Ameren by 5.4% in the 2nd quarter. QS Investors LLC now owns 11,981 shares of the utilities provider’s stock worth $959,000 after purchasing an additional 616 shares during the last quarter. Finally, Dai Ichi Life Insurance Company Ltd grew its stake in shares of Ameren by 49.0% in the 2nd quarter. Dai Ichi Life Insurance Company Ltd now owns 177,023 shares of the utilities provider’s stock worth $14,169,000 after purchasing an additional 58,222 shares during the last quarter. Institutional investors own 75.46% of the company’s stock.

Ameren stock traded up $0.17 on Thursday, hitting $82.77. The company’s stock had a trading volume of 7,169 shares, compared to its average volume of 1,344,953. The firm has a market cap of $21.28 billion, a P/E ratio of 22.79, a price-to-earnings-growth ratio of 3.15 and a beta of 0.26. The company has a quick ratio of 0.73, a current ratio of 0.97 and a debt-to-equity ratio of 1.32. The company has a fifty day moving average price of $85.72 and a 200-day moving average price of $84.27. Ameren Co. has a one year low of $69.79 and a one year high of $90.77.

Ameren (NYSE:AEE) last announced its quarterly earnings results on Wednesday, August 4th. The utilities provider reported $0.80 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.78 by $0.02. Ameren had a net margin of 15.38% and a return on equity of 10.11%. The firm had revenue of $1.47 billion for the quarter, compared to analyst estimates of $1.41 billion. During the same quarter in the previous year, the firm posted $0.98 EPS. Analysts anticipate that Ameren Co. will post 3.76 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, December 31st. Investors of record on Wednesday, December 8th will be given a dividend of $0.55 per share. The ex-dividend date is Tuesday, December 7th. This represents a $2.20 annualized dividend and a yield of 2.66%. Ameren’s dividend payout ratio (DPR) is 62.86%.

AEE has been the topic of a number of research analyst reports. Morgan Stanley lowered their price objective on shares of Ameren from $92.00 to $90.00 and set an “equal weight” rating on the stock in a research report on Friday, September 17th. Mizuho lowered their price objective on shares of Ameren from $88.00 to $83.00 and set a “neutral” rating on the stock in a research report on Thursday, September 30th. They noted that the move was a valuation call. Finally, BMO Capital Markets boosted their price objective on shares of Ameren from $88.00 to $91.00 and gave the company an “outperform” rating in a research report on Tuesday, August 24th. They noted that the move was a valuation call. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat.com, Ameren has a consensus rating of “Hold” and an average target price of $88.50.

About Ameren

Ameren Corp. is a public utility holding company, which engages in the provision of electric and natural gas services. It operates through the following segments: Ameren Missouri, Ameren Illinois Electric Distribution, Ameren Illinois Natural Gas, Ameren Transmission, and Other. The Ameren Transmission segment consists of the aggregated electric transmission businesses of Ameren Illinois and Ameren Transmission Company of Illinois (ATXI).

Read More: Initial Coin Offering (ICO)

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Institutional Ownership by Quarter for Ameren (NYSE:AEE)

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