Epoch Investment Partners Inc. Has $233,379,000 Position in Ameren Corporation (AEE)

Epoch Investment Partners Inc. boosted its stake in shares of Ameren Corporation (NYSE:AEE) by 2.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,745,399 shares of the company’s stock after buying an additional 103,642 shares during the period. Epoch Investment Partners Inc. owned about 1.96% of Ameren Corporation worth $233,379,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the stock. Acropolis Investment Management LLC increased its position in shares of Ameren Corporation by 0.5% in the third quarter. Acropolis Investment Management LLC now owns 2,372 shares of the company’s stock valued at $117,000 after buying an additional 11 shares in the last quarter. Mackenzie Financial Corp increased its position in shares of Ameren Corporation by 0.4% in the second quarter. Mackenzie Financial Corp now owns 4,606 shares of the company’s stock valued at $247,000 after buying an additional 18 shares in the last quarter. Pure Financial Advisors Inc. increased its position in shares of Ameren Corporation by 0.8% in the third quarter. Pure Financial Advisors Inc. now owns 7,058 shares of the company’s stock valued at $347,000 after buying an additional 56 shares in the last quarter. Paradigm Financial Advisors LLC increased its position in shares of Ameren Corporation by 0.7% in the third quarter. Paradigm Financial Advisors LLC now owns 8,520 shares of the company’s stock valued at $419,000 after buying an additional 63 shares in the last quarter. Finally, Veritable L.P. increased its position in shares of Ameren Corporation by 0.5% in the second quarter. Veritable L.P. now owns 14,109 shares of the company’s stock valued at $756,000 after buying an additional 69 shares in the last quarter. 66.75% of the stock is currently owned by institutional investors and hedge funds.

Institutional Ownership by Quarter for Ameren Corporation (NYSE:AEE)

Ameren Corporation (NYSE:AEE) opened at 52.38 on Wednesday. Ameren Corporation has a 12-month low of $41.50 and a 12-month high of $54.08. The stock has a 50 day moving average of $50.61 and a 200 day moving average of $50.44. The stock has a market cap of $12.71 billion, a P/E ratio of 19.59 and a beta of 0.32.

Ameren Corporation (NYSE:AEE) last issued its quarterly earnings results on Friday, November 4th. The company reported $1.52 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.38 by $0.14. Ameren Corporation had a net margin of 10.78% and a return on equity of 9.14%. The company had revenue of $1.86 billion for the quarter, compared to the consensus estimate of $1.91 billion. During the same quarter in the prior year, the company earned $1.41 EPS. Ameren Corporation’s quarterly revenue was up 1.4% on a year-over-year basis. On average, equities research analysts anticipate that Ameren Corporation will post $2.67 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Friday, December 30th. Investors of record on Wednesday, December 7th were issued a $0.44 dividend. This represents a $1.76 annualized dividend and a yield of 3.36%. The ex-dividend date of this dividend was Monday, December 5th. This is an increase from Ameren Corporation’s previous quarterly dividend of $0.43. Ameren Corporation’s dividend payout ratio is 65.67%.

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Several brokerages have weighed in on AEE. Zacks Investment Research downgraded shares of Ameren Corporation from a “buy” rating to a “hold” rating in a report on Wednesday, November 2nd. Argus reaffirmed a “hold” rating on shares of Ameren Corporation in a report on Tuesday, October 18th.

Ameren Corporation Company Profile

Ameren Corporation (Ameren) is a public utility holding company. Ameren’s primary assets are its equity interests in its subsidiaries, including Union Electric Company (doing business as Ameren Missouri) and Ameren Illinois Company (Ameren Illinois). Ameren operates through two segments: Ameren Missouri and Ameren Illinois.

5 Day Chart for NYSE:AEE

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