Czech National Bank Raises Stake in Ameren Co. (NYSE:AEE)

Czech National Bank grew its holdings in Ameren Co. (NYSE:AEE) by 6.5% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 57,876 shares of the utilities provider’s stock after acquiring an additional 3,523 shares during the quarter. Czech National Bank’s holdings in Ameren were worth $5,159,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Jamison Private Wealth Management Inc. acquired a new position in Ameren in the 3rd quarter valued at about $44,000. ST Germain D J Co. Inc. grew its stake in shares of Ameren by 134.5% in the 4th quarter. ST Germain D J Co. Inc. now owns 544 shares of the utilities provider’s stock valued at $48,000 after purchasing an additional 312 shares during the last quarter. Cedar Mountain Advisors LLC acquired a new position in shares of Ameren in the third quarter valued at approximately $49,000. Brooklyn Investment Group acquired a new position in shares of Ameren in the third quarter valued at approximately $56,000. Finally, Strategic Investment Solutions Inc. IL purchased a new stake in shares of Ameren during the second quarter worth approximately $58,000. Institutional investors and hedge funds own 79.09% of the company’s stock.

Ameren Stock Performance

NYSE:AEE opened at $91.04 on Thursday. The company has a current ratio of 0.63, a quick ratio of 0.41 and a debt-to-equity ratio of 1.37. The company has a market capitalization of $24.30 billion, a P/E ratio of 21.42, a price-to-earnings-growth ratio of 2.95 and a beta of 0.48. The firm has a 50-day moving average price of $90.62 and a two-hundred day moving average price of $85.11. Ameren Co. has a twelve month low of $67.03 and a twelve month high of $95.69.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on AEE shares. Argus upgraded shares of Ameren to a “strong-buy” rating in a research report on Thursday, September 19th. BMO Capital Markets boosted their price target on shares of Ameren from $93.00 to $98.00 and gave the stock an “outperform” rating in a research note on Thursday, December 5th. Morgan Stanley raised their price objective on shares of Ameren from $86.00 to $94.00 and gave the company an “equal weight” rating in a research report on Friday, December 13th. Barclays lifted their price objective on Ameren from $77.00 to $88.00 and gave the company an “overweight” rating in a report on Tuesday, October 15th. Finally, Jefferies Financial Group assumed coverage on Ameren in a report on Thursday, September 19th. They issued a “buy” rating and a $97.00 price target for the company. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Ameren presently has a consensus rating of “Moderate Buy” and a consensus target price of $89.89.

Insider Activity

In related news, CFO Michael L. Moehn sold 6,500 shares of Ameren stock in a transaction that occurred on Wednesday, November 20th. The stock was sold at an average price of $92.15, for a total transaction of $598,975.00. Following the completion of the transaction, the chief financial officer now directly owns 205,171 shares in the company, valued at $18,906,507.65. The trade was a 3.07 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 0.42% of the company’s stock.

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.