Hi,
moomoo ID:NaN
Log Out
English
Back
Log in to access Online Inquiry

Ameren Co. (NYSE:AEE) Shares Sold by Private Advisor Group LLC

Defense World ·  {{timeTz}}

Private Advisor Group LLC cut its holdings in shares of Ameren Co. (NYSE:AEE – Get Rating) by 9.9% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 9,050 shares of the utilities provider's stock after selling 989 shares during the period. Private Advisor Group LLC's holdings in Ameren were worth $818,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the business. Vanguard Group Inc. grew its position in shares of Ameren by 2.3% during the 1st quarter. Vanguard Group Inc. now owns 29,978,760 shares of the utilities provider's stock valued at $2,810,808,000 after acquiring an additional 681,658 shares during the period. BlackRock Inc. grew its position in shares of Ameren by 3.9% during the 4th quarter. BlackRock Inc. now owns 20,753,782 shares of the utilities provider's stock valued at $1,847,293,000 after acquiring an additional 786,490 shares during the period. State Street Corp grew its position in shares of Ameren by 8.0% during the 1st quarter. State Street Corp now owns 13,889,994 shares of the utilities provider's stock valued at $1,302,326,000 after acquiring an additional 1,029,187 shares during the period. Deutsche Bank AG boosted its holdings in Ameren by 13.6% in the 4th quarter. Deutsche Bank AG now owns 5,546,548 shares of the utilities provider's stock worth $493,699,000 after buying an additional 662,273 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in Ameren by 493.3% in the 1st quarter. JPMorgan Chase & Co. now owns 4,654,972 shares of the utilities provider's stock worth $436,452,000 after buying an additional 3,870,393 shares during the last quarter. 77.98% of the stock is currently owned by institutional investors and hedge funds.

Get Ameren alerts:

Insider Buying and Selling

In related news, Chairman Warner L. Baxter sold 54,000 shares of the business's stock in a transaction on Tuesday, August 9th. The shares were sold at an average price of $93.19, for a total transaction of $5,032,260.00. Following the completion of the transaction, the chairman now owns 267,893 shares in the company, valued at $24,964,948.67. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In related news, Chairman Warner L. Baxter sold 54,000 shares of the business's stock in a transaction on Tuesday, August 9th. The shares were sold at an average price of $93.19, for a total value of $5,032,260.00. Following the completion of the sale, the chairman now directly owns 267,893 shares of the company's stock, valued at $24,964,948.67. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Rafael Flores sold 1,600 shares of the business's stock in a transaction on Wednesday, August 17th. The shares were sold at an average price of $96.07, for a total transaction of $153,712.00. Following the completion of the sale, the director now directly owns 14,178 shares of the company's stock, valued at $1,362,080.46. The disclosure for this sale can be found here. Insiders own 0.52% of the company's stock.

Ameren Stock Up 2.7 %

AEE stock opened at $82.75 on Tuesday. The firm has a market cap of $21.38 billion, a PE ratio of 21.22, a PEG ratio of 2.74 and a beta of 0.43. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.50 and a current ratio of 0.67. The firm's 50 day moving average price is $92.30 and its 200-day moving average price is $91.76. Ameren Co. has a one year low of $80.27 and a one year high of $99.20.

Ameren (NYSE:AEE – Get Rating) last announced its earnings results on Thursday, August 4th. The utilities provider reported $0.80 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.81 by ($0.01). The firm had revenue of $1.73 billion during the quarter, compared to analysts' expectations of $1.52 billion. Ameren had a net margin of 14.49% and a return on equity of 10.19%. The firm's revenue for the quarter was up 17.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.80 EPS. On average, equities research analysts anticipate that Ameren Co. will post 4.09 EPS for the current year.

Ameren Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, September 30th. Investors of record on Wednesday, September 7th were paid a dividend of $0.59 per share. The ex-dividend date was Tuesday, September 6th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 2.85%. Ameren's payout ratio is currently 60.51%.

Analyst Ratings Changes

Several research firms recently issued reports on AEE. Morgan Stanley lowered their price objective on Ameren from $101.00 to $99.00 and set an "overweight" rating on the stock in a report on Thursday, September 22nd. Barclays lowered their price objective on Ameren from $99.00 to $91.00 and set an "equal weight" rating on the stock in a report on Monday, July 18th. Mizuho lifted their price objective on Ameren from $92.00 to $98.00 and gave the stock a "neutral" rating in a report on Monday, September 12th. UBS Group cut Ameren from a "buy" rating to a "neutral" rating and lifted their price objective for the stock from $94.00 to $96.00 in a report on Thursday, June 30th. Finally, BMO Capital Markets lifted their price objective on Ameren from $98.00 to $103.00 and gave the stock an "outperform" rating in a report on Friday, September 9th. Four research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, Ameren has a consensus rating of "Moderate Buy" and a consensus price target of $99.13.

Ameren Company Profile

(Get Rating)

Ameren Corporation, together with its subsidiaries, operates as a public utility holding company in the United States. It operates through four segments: Ameren Missouri, Ameren Illinois Electric Distribution, Ameren Illinois Natural Gas, and Ameren Transmission. The company engages in the rate-regulated electric generation, transmission, and distribution activities; and rate-regulated natural gas distribution and transmission businesses.

Recommended Stories

  • Get a free copy of the StockNews.com research report on Ameren (AEE)
  • Small-Cap Catalyst Pharma Is Among Market's Best Price Performers
  • 3 Stocks Growing Their Businesses for 2023
  • China-Based EV Maker BYD Set For Big European, Japanese Expansion
  • Is Illumina Still the Gamechanger in Genomics Sequencing?
  • Here's What Makes Amazon a Sum-of-All-Parts Commerce Juggernaut

Want to see what other hedge funds are holding AEE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ameren Co. (NYSE:AEE – Get Rating).

Receive News & Ratings for Ameren Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ameren and related companies with MarketBeat.com's FREE daily email newsletter.

This presentation is for informational and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. Investment information provided in this content is general in nature, strictly for illustrative purposes, and may not be appropriate for all investors. It is provided without respect to individual investors’ financial sophistication, financial situation, investment objectives, investing time horizon, or risk tolerance. You should consider the appropriateness of this information having regard to your relevant personal circumstances before making any investment decisions. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. Moomoo makes no representation or warranty as to its adequacy, completeness, accuracy or timeliness for any particular purpose of the above content.

Moomoo is a financial information and trading app offered by Moomoo Technologies Inc.
In the U.S., investment products and services available through the moomoo app are offered by Moomoo Financial Inc., a broker-dealer registered with the U.S. Securities and Exchange Commission (SEC) and a member of Financial Industry Regulatory Authority (FINRA)/Securities Investor Protection Corporation (SIPC).
In Singapore, investment products and services available through the moomoo app are offered through Moomoo Financial Singapore Pte. Ltd. regulated by the Monetary Authority of Singapore (MAS). Moomoo Financial Singapore Pte. Ltd. is a Capital Markets Services Licence (License No. CMS101000) holder with the Exempt Financial Adviser Status. This advertisement has not been reviewed by the Monetary Authority of Singapore.
In Australia, financial products and services available through the moomoo app are provided by Futu Securities (Australia) Ltd, an Australian Financial Services Licensee (AFSL No. 224663) regulated by the Australian Securities and Investment Commission (ASIC). Please read and understand our Financial Services Guide, Terms and Conditions, Privacy Policy and other disclosure documents which are available on our websites https://www.futuau.com and https://www.moomoo.com/au. Moomoo Technologies Inc., Moomoo Financial Inc., Moomoo Financial Singapore Pte. Ltd. and Futu Securities (Australia) Ltd are affiliated companies.