Tudor Investment Corp ET AL Acquires 29,807 Shares of Ameren Corporation $AEE

Tudor Investment Corp ET AL grew its holdings in shares of Ameren Corporation (NYSE:AEE) by 23.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 155,836 shares of the utilities provider’s stock after acquiring an additional 29,807 shares during the quarter. Tudor Investment Corp ET AL’s holdings in Ameren were worth $16,266,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. JPMorgan Chase & Co. grew its holdings in shares of Ameren by 68.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,080,775 shares of the utilities provider’s stock valued at $425,951,000 after purchasing an additional 1,661,019 shares during the last quarter. ANTIPODES PARTNERS Ltd lifted its stake in Ameren by 104,698.0% in the 3rd quarter. ANTIPODES PARTNERS Ltd now owns 1,370,758 shares of the utilities provider’s stock valued at $143,091,000 after purchasing an additional 1,369,450 shares during the last quarter. Vanguard Group Inc. boosted its position in Ameren by 3.7% in the second quarter. Vanguard Group Inc. now owns 35,582,578 shares of the utilities provider’s stock valued at $3,417,351,000 after buying an additional 1,268,457 shares in the last quarter. Homestead Advisers Corp acquired a new stake in Ameren in the third quarter valued at approximately $76,614,000. Finally, Reaves W H & Co. Inc. grew its stake in shares of Ameren by 112.4% during the third quarter. Reaves W H & Co. Inc. now owns 964,012 shares of the utilities provider’s stock worth $100,624,000 after buying an additional 510,192 shares during the last quarter. Institutional investors own 79.09% of the company’s stock.

Ameren Stock Down 3.1%

Shares of NYSE:AEE opened at $106.20 on Friday. The firm has a market cap of $29.36 billion, a P/E ratio of 19.85, a P/E/G ratio of 2.22 and a beta of 0.56. Ameren Corporation has a 12-month low of $91.77 and a 12-month high of $113.93. The business has a fifty day simple moving average of $107.55 and a 200 day simple moving average of $103.84. The company has a quick ratio of 0.46, a current ratio of 0.66 and a debt-to-equity ratio of 1.35.

Ameren (NYSE:AEE) last issued its quarterly earnings data on Wednesday, February 11th. The utilities provider reported $0.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.77 by $0.01. The company had revenue of $1.78 billion during the quarter, compared to the consensus estimate of $1.69 billion. Ameren had a return on equity of 10.69% and a net margin of 16.55%.The firm’s revenue was down 8.2% compared to the same quarter last year. During the same period last year, the company earned $0.77 earnings per share. Analysts predict that Ameren Corporation will post 4.93 earnings per share for the current year.

Ameren Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 10th will be given a $0.75 dividend. This is an increase from Ameren’s previous quarterly dividend of $0.71. The ex-dividend date is Tuesday, March 10th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 2.8%. Ameren’s dividend payout ratio is presently 56.07%.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. Wells Fargo & Company upped their price target on shares of Ameren from $111.00 to $113.00 and gave the stock an “overweight” rating in a report on Friday, February 13th. UBS Group boosted their price objective on Ameren from $125.00 to $127.00 and gave the stock a “buy” rating in a research report on Friday, February 20th. Mizuho set a $117.00 target price on Ameren in a research report on Friday, February 13th. KeyCorp lowered Ameren from an “overweight” rating to a “sector weight” rating in a research note on Friday, December 12th. Finally, BMO Capital Markets boosted their price target on Ameren from $112.00 to $120.00 and gave the stock an “outperform” rating in a report on Friday, February 13th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Ameren currently has an average rating of “Hold” and a consensus target price of $113.30.

Insider Activity

In other news, insider Michael L. Moehn sold 6,500 shares of the company’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $103.60, for a total value of $673,400.00. Following the sale, the insider directly owned 193,076 shares of the company’s stock, valued at approximately $20,002,673.60. This represents a 3.26% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 0.42% of the company’s stock.

Ameren Company Profile

Ameren Corporation (NYSE: AEE) is an integrated energy company headquartered in St. Louis, Missouri, that provides electric and natural gas delivery and related services in portions of Missouri and Illinois. The company operates regulated utility businesses that serve a broad mix of residential, commercial and industrial customers, and it participates in wholesale energy markets and transmission operations that support reliable service across its service territories.

Ameren’s core activities include generation, transmission and distribution of electricity, distribution of natural gas, and the provision of customer energy solutions such as demand-side management and energy efficiency programs.