U.S. Capital Wealth Advisors LLC Takes Position in Ameren Co. (NYSE:AEE)

U.S. Capital Wealth Advisors LLC acquired a new position in Ameren Co. (NYSE:AEE) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 3,552 shares of the utilities provider’s stock, valued at approximately $317,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. International Assets Investment Management LLC grew its position in Ameren by 8,645.7% in the third quarter. International Assets Investment Management LLC now owns 1,160,998 shares of the utilities provider’s stock worth $1,015,410,000 after buying an additional 1,147,723 shares during the last quarter. FMR LLC grew its holdings in shares of Ameren by 59.8% in the 3rd quarter. FMR LLC now owns 2,631,580 shares of the utilities provider’s stock worth $230,158,000 after acquiring an additional 984,879 shares during the last quarter. Assenagon Asset Management S.A. raised its position in shares of Ameren by 3,738.0% during the third quarter. Assenagon Asset Management S.A. now owns 745,872 shares of the utilities provider’s stock worth $65,234,000 after purchasing an additional 726,438 shares during the period. Verition Fund Management LLC lifted its holdings in shares of Ameren by 484.8% during the third quarter. Verition Fund Management LLC now owns 637,241 shares of the utilities provider’s stock valued at $55,733,000 after purchasing an additional 528,270 shares during the last quarter. Finally, Caisse DE Depot ET Placement DU Quebec boosted its position in shares of Ameren by 26.1% in the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 2,318,537 shares of the utilities provider’s stock valued at $202,779,000 after purchasing an additional 479,668 shares during the period. 79.09% of the stock is currently owned by institutional investors.

Ameren Stock Performance

Shares of AEE stock opened at $96.65 on Friday. The company has a debt-to-equity ratio of 1.37, a current ratio of 0.63 and a quick ratio of 0.41. Ameren Co. has a fifty-two week low of $67.03 and a fifty-two week high of $97.29. The stock’s 50-day moving average is $91.40 and its two-hundred day moving average is $87.46. The firm has a market cap of $25.80 billion, a P/E ratio of 22.74, a PEG ratio of 2.90 and a beta of 0.49.

Wall Street Analysts Forecast Growth

AEE has been the subject of a number of analyst reports. BMO Capital Markets upped their price objective on shares of Ameren from $93.00 to $98.00 and gave the company an “outperform” rating in a research note on Thursday, December 5th. Barclays downgraded shares of Ameren from an “overweight” rating to an “equal weight” rating and upped their price target for the company from $88.00 to $95.00 in a research report on Monday, January 27th. Morgan Stanley lifted their price objective on shares of Ameren from $86.00 to $94.00 and gave the stock an “equal weight” rating in a research report on Friday, December 13th. Finally, Evercore ISI upgraded Ameren from an “in-line” rating to an “outperform” rating and increased their target price for the company from $89.00 to $104.00 in a report on Tuesday, January 21st. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, Ameren has an average rating of “Moderate Buy” and a consensus price target of $92.00.

Insiders Place Their Bets

In related news, CFO Michael L. Moehn sold 6,500 shares of the business’s stock in a transaction dated 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 owns 205,171 shares of the company’s stock, valued at approximately $18,906,507.65. The trade was a 3.07 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.36% of the company’s stock.

About Ameren

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.