2,260 Shares in Ameren Co. (NYSE:AEE) Acquired by Aaron Wealth Advisors LLC

Aaron Wealth Advisors LLC acquired a new position in shares of Ameren Co. (NYSE:AEE) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 2,260 shares of the utilities provider’s stock, valued at approximately $201,000.

Other institutional investors also recently bought and sold shares of the company. Jamison Private Wealth Management Inc. acquired a new position in shares of Ameren during the 3rd quarter worth $44,000. ST Germain D J Co. Inc. raised its position in Ameren by 134.5% during the fourth quarter. ST Germain D J Co. Inc. now owns 544 shares of the utilities provider’s stock worth $48,000 after acquiring an additional 312 shares during the last quarter. Cedar Mountain Advisors LLC purchased a new stake in shares of Ameren in the third quarter valued at about $49,000. Brooklyn Investment Group acquired a new stake in shares of Ameren in the third quarter valued at approximately $56,000. Finally, Strategic Investment Solutions Inc. IL purchased a new position in shares of Ameren during the 2nd quarter worth approximately $58,000. 79.09% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

AEE has been the topic of a number of recent research reports. Evercore ISI raised Ameren from an “in-line” rating to an “outperform” rating and upped their target price for the company from $89.00 to $104.00 in a research note on Tuesday. BMO Capital Markets increased their price objective on Ameren from $93.00 to $98.00 and gave the company an “outperform” rating in a research note on Thursday, December 5th. Morgan Stanley boosted their target price on shares of Ameren from $86.00 to $94.00 and gave the company an “equal weight” rating in a research note on Friday, December 13th. Finally, Barclays raised their price target on shares of Ameren from $77.00 to $88.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 15th. One analyst has rated the stock with a sell rating, three have given a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Ameren presently has a consensus rating of “Moderate Buy” and a consensus target price of $91.30.

Ameren Price Performance

AEE opened at $96.21 on Wednesday. Ameren Co. has a 1 year low of $67.03 and a 1 year high of $96.74. The company’s 50 day simple moving average is $90.95 and its 200 day simple moving average is $85.74. The stock has a market capitalization of $25.68 billion, a PE ratio of 22.64, a P/E/G ratio of 2.90 and a beta of 0.48. The company has a debt-to-equity ratio of 1.37, a quick ratio of 0.41 and a current ratio of 0.63.

Insiders Place Their Bets

In related news, CFO Michael L. Moehn sold 6,500 shares of the stock in a transaction on Wednesday, November 20th. The stock was sold at an average price of $92.15, for a total value of $598,975.00. Following the transaction, the chief financial officer now directly owns 205,171 shares of the company’s stock, valued at approximately $18,906,507.65. This trade represents a 3.07 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.36% of the stock is currently owned by insiders.

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.