Ameren Co. (NYSE:AEE) Stock Holdings Decreased by Atria Investments Inc

Atria Investments Inc lowered its stake in Ameren Co. (NYSE:AEE) by 11.2% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 14,692 shares of the utilities provider’s stock after selling 1,845 shares during the period. Atria Investments Inc’s holdings in Ameren were worth $1,285,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of AEE. Versant Capital Management Inc increased its position in shares of Ameren by 115.3% in the 2nd quarter. Versant Capital Management Inc now owns 366 shares of the utilities provider’s stock worth $26,000 after purchasing an additional 196 shares during the last quarter. First Command Advisory Services Inc. bought a new stake in shares of Ameren in the 2nd quarter worth about $26,000. Pathway Financial Advisers LLC bought a new stake in shares of Ameren in the 1st quarter worth about $31,000. EntryPoint Capital LLC increased its position in shares of Ameren by 108.1% in the 1st quarter. EntryPoint Capital LLC now owns 435 shares of the utilities provider’s stock worth $32,000 after purchasing an additional 226 shares during the last quarter. Finally, EverSource Wealth Advisors LLC grew its position in shares of Ameren by 227.3% during the 1st quarter. EverSource Wealth Advisors LLC now owns 455 shares of the utilities provider’s stock valued at $34,000 after buying an additional 316 shares during the last quarter. Institutional investors own 79.09% of the company’s stock.

Insider Transactions at Ameren

In related news, EVP Chonda J. Nwamu sold 1,610 shares of the stock in a transaction that occurred on Wednesday, August 28th. The shares were sold at an average price of $81.94, for a total transaction of $131,923.40. Following the completion of the sale, the executive vice president now directly owns 44,432 shares of the company’s stock, valued at $3,640,758.08. This represents a 3.50 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.42% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on AEE shares. Jefferies Financial Group started coverage on shares of Ameren in a research report on Thursday, September 19th. They set a “buy” rating and a $97.00 price objective for the company. Barclays boosted their price objective on shares of Ameren from $77.00 to $88.00 and gave the company an “overweight” rating in a research report on Tuesday, October 15th. BMO Capital Markets boosted their price objective on shares of Ameren from $84.00 to $87.00 and gave the company an “outperform” rating in a research report on Tuesday, August 6th. Morgan Stanley boosted their price objective on shares of Ameren from $81.00 to $85.00 and gave the company an “equal weight” rating in a research report on Wednesday, September 25th. Finally, Wells Fargo & Company boosted their price objective on shares of Ameren from $91.00 to $96.00 and gave the company an “overweight” rating in a research report on Friday, September 20th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, six have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $87.80.

Ameren Trading Up 1.7 %

Shares of NYSE:AEE opened at $91.22 on Friday. The company has a 50 day moving average of $87.15 and a 200-day moving average of $79.61. The firm has a market cap of $24.35 billion, a P/E ratio of 21.46, a P/E/G ratio of 3.01 and a beta of 0.45. Ameren Co. has a twelve month low of $67.03 and a twelve month high of $92.77. The company has a current ratio of 0.63, a quick ratio of 0.41 and a debt-to-equity ratio of 1.37.

Ameren Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Wednesday, December 11th will be paid a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a dividend yield of 2.94%. The ex-dividend date is Wednesday, December 11th. Ameren’s dividend payout ratio is currently 63.06%.

Ameren Company Profile

Ameren Corporation, together with its subsidiaries, operates as a public utility holding company in the United States. The company operates through four segments: Ameren Missouri, Ameren Illinois Electric Distribution, Ameren Illinois Natural Gas, and Ameren Transmission. It engages in the rate-regulated electric generation, transmission, and distribution activities; and rate-regulated natural gas distribution business.