Ameren Co. (NYSE:AEE) Shares Sold by Gulf International Bank UK Ltd

Gulf International Bank UK Ltd decreased its holdings in Ameren Co. (NYSE:AEE) by 2.1% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 46,111 shares of the utilities provider’s stock after selling 973 shares during the quarter. Gulf International Bank UK Ltd’s holdings in Ameren were worth $3,734,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the business. Northwestern Mutual Investment Management Company LLC grew its stake in shares of Ameren by 1.1% during the second quarter. Northwestern Mutual Investment Management Company LLC now owns 11,606 shares of the utilities provider’s stock worth $929,000 after purchasing an additional 121 shares in the last quarter. Seeyond grew its stake in shares of Ameren by 0.5% during the second quarter. Seeyond now owns 28,604 shares of the utilities provider’s stock worth $2,289,000 after purchasing an additional 129 shares in the last quarter. Signaturefd LLC grew its stake in shares of Ameren by 3.2% during the third quarter. Signaturefd LLC now owns 4,409 shares of the utilities provider’s stock worth $357,000 after purchasing an additional 135 shares in the last quarter. TRH Financial LLC grew its stake in shares of Ameren by 4.5% during the third quarter. TRH Financial LLC now owns 3,279 shares of the utilities provider’s stock worth $266,000 after purchasing an additional 140 shares in the last quarter. Finally, Pure Financial Advisors Inc. grew its stake in shares of Ameren by 1.8% during the third quarter. Pure Financial Advisors Inc. now owns 8,262 shares of the utilities provider’s stock worth $669,000 after purchasing an additional 149 shares in the last quarter. Institutional investors and hedge funds own 75.57% of the company’s stock.

In other Ameren news, CEO Warner L. Baxter sold 57,000 shares of the company’s stock in a transaction dated Tuesday, December 14th. The shares were sold at an average price of $87.31, for a total transaction of $4,976,670.00. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 0.56% of the company’s stock.

Several equities analysts have issued reports on AEE shares. BMO Capital Markets upped their price objective on shares of Ameren from $85.00 to $95.00 and gave the company an “outperform” rating in a research note on Wednesday, December 15th. Morgan Stanley upped their price objective on shares of Ameren from $86.00 to $91.00 and gave the company an “equal weight” rating in a research note on Tuesday, December 21st. Finally, Mizuho decreased their price objective on shares of Ameren from $88.00 to $83.00 and set a “neutral” rating for the company in a research note on Thursday, September 30th. They noted that the move was a valuation call. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $89.33.

Shares of NYSE:AEE opened at $88.09 on Friday. The stock has a market capitalization of $22.65 billion, a price-to-earnings ratio of 23.06, a PEG ratio of 2.96 and a beta of 0.34. Ameren Co. has a one year low of $69.79 and a one year high of $90.77. The company has a 50-day simple moving average of $86.36 and a 200-day simple moving average of $85.23. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.68 and a current ratio of 0.94.

Ameren (NYSE:AEE) last posted its quarterly earnings results on Tuesday, November 2nd. The utilities provider reported $1.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.61 by $0.04. The firm had revenue of $1.81 billion during the quarter, compared to analysts’ expectations of $1.79 billion. Ameren had a net margin of 15.86% and a return on equity of 10.41%. During the same period in the prior year, the company posted $1.47 earnings per share. As a group, research analysts forecast that Ameren Co. will post 3.85 EPS for the current fiscal year.

About Ameren

Ameren Corp. is a public utility holding company, which engages in the provision of electric and natural gas services. It operates through the following segments: Ameren Missouri, Ameren Illinois Electric Distribution, Ameren Illinois Natural Gas, Ameren Transmission, and Other. The Ameren Transmission segment consists of the aggregated electric transmission businesses of Ameren Illinois and Ameren Transmission Company of Illinois (ATXI).

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Institutional Ownership by Quarter for Ameren (NYSE:AEE)

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