Ameren Co. (NYSE:AEE) Shares Sold by Barclays PLC

Barclays PLC cut its holdings in shares of Ameren Co. (NYSE:AEE) by 8.3% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 487,276 shares of the utilities provider’s stock after selling 43,836 shares during the period. Barclays PLC owned approximately 0.19% of Ameren worth $39,467,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Creative Financial Designs Inc. ADV grew its position in shares of Ameren by 47.9% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 469 shares of the utilities provider’s stock valued at $38,000 after acquiring an additional 152 shares during the period. Destiny Wealth Partners LLC acquired a new stake in shares of Ameren during the 3rd quarter valued at about $48,000. Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in shares of Ameren during the 2nd quarter valued at about $65,000. First Horizon Advisors Inc. grew its position in shares of Ameren by 34.0% during the 3rd quarter. First Horizon Advisors Inc. now owns 1,013 shares of the utilities provider’s stock valued at $64,000 after acquiring an additional 257 shares during the period. Finally, Selective Wealth Management Inc. grew its position in shares of Ameren by 29.0% during the 3rd quarter. Selective Wealth Management Inc. now owns 2,225 shares of the utilities provider’s stock valued at $180,000 after acquiring an additional 500 shares during the period. Hedge funds and other institutional investors own 75.57% of the company’s stock.

Shares of Ameren stock opened at $88.09 on Friday. The company has a current ratio of 0.94, a quick ratio of 0.68 and a debt-to-equity ratio of 1.27. The firm’s 50-day moving average price is $86.36 and its 200 day moving average price is $85.23. Ameren Co. has a twelve month low of $69.79 and a twelve month high of $90.77. The firm has a market capitalization of $22.65 billion, a PE ratio of 23.06, a P/E/G ratio of 2.96 and a beta of 0.34.

Ameren (NYSE:AEE) last released its earnings results on Tuesday, November 2nd. The utilities provider reported $1.65 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.61 by $0.04. Ameren had a net margin of 15.86% and a return on equity of 10.41%. The business had revenue of $1.81 billion for the quarter, compared to analyst estimates of $1.79 billion. During the same period last year, the company posted $1.47 EPS. On average, sell-side analysts predict that Ameren Co. will post 3.85 EPS for the current fiscal year.

In other Ameren news, CEO Warner L. Baxter sold 57,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 14th. The shares were sold at an average price of $87.31, for a total value of $4,976,670.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 0.56% of the company’s stock.

A number of research analysts recently weighed in on AEE shares. BMO Capital Markets raised their price target on shares of Ameren from $85.00 to $95.00 and gave the company an “outperform” rating in a research note on Wednesday, December 15th. Morgan Stanley raised their price target on shares of Ameren from $86.00 to $91.00 and gave the company an “equal weight” rating in a research note on Tuesday, December 21st. Finally, Mizuho decreased their price target on shares of Ameren from $88.00 to $83.00 and set a “neutral” rating on the stock in a research note on Thursday, September 30th. They noted that the move was a valuation call. Four analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $89.33.

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).

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Institutional Ownership by Quarter for Ameren (NYSE:AEE)

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