Aperio Group LLC grew its holdings in Ameren Corporation (NYSE:AEE) by 10.3% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 102,987 shares of the utilities provider’s stock after purchasing an additional 9,658 shares during the quarter. Aperio Group LLC’s holdings in Ameren Corporation were worth $5,957,000 as of its most recent filing with the SEC.
A number of other institutional investors have also bought and sold shares of the business. Vanguard Group Inc. boosted its stake in Ameren Corporation by 1.0% in the second quarter. Vanguard Group Inc. now owns 25,785,464 shares of the utilities provider’s stock worth $1,409,691,000 after purchasing an additional 248,010 shares in the last quarter. BlackRock Inc. boosted its stake in Ameren Corporation by 2.2% in the second quarter. BlackRock Inc. now owns 16,134,996 shares of the utilities provider’s stock worth $882,101,000 after purchasing an additional 344,141 shares in the last quarter. Epoch Investment Partners Inc. boosted its stake in Ameren Corporation by 1.3% in the second quarter. Epoch Investment Partners Inc. now owns 5,209,589 shares of the utilities provider’s stock worth $284,808,000 after purchasing an additional 67,494 shares in the last quarter. Wells Fargo & Company MN boosted its stake in Ameren Corporation by 13.9% in the second quarter. Wells Fargo & Company MN now owns 3,966,914 shares of the utilities provider’s stock worth $216,871,000 after purchasing an additional 483,928 shares in the last quarter. Finally, APG Asset Management N.V. boosted its stake in Ameren Corporation by 463.6% in the third quarter. APG Asset Management N.V. now owns 3,462,798 shares of the utilities provider’s stock worth $200,288,000 after purchasing an additional 2,848,400 shares in the last quarter. 71.24% of the stock is currently owned by institutional investors.
Shares of Ameren Corporation (AEE) opened at $62.19 on Monday. The firm has a market capitalization of $15,089.46, a price-to-earnings ratio of 24.10, a PEG ratio of 3.32 and a beta of 0.38. Ameren Corporation has a 52-week low of $46.97 and a 52-week high of $62.83. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.40 and a current ratio of 0.61.
Ameren Corporation (NYSE:AEE) last released its earnings results on Friday, November 3rd. The utilities provider reported $1.24 earnings per share for the quarter, missing analysts’ consensus estimates of $1.31 by ($0.07). The firm had revenue of $1.72 billion for the quarter, compared to the consensus estimate of $1.87 billion. Ameren Corporation had a return on equity of 8.61% and a net margin of 10.03%. The company’s revenue was down 7.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.52 EPS. research analysts forecast that Ameren Corporation will post 2.81 EPS for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 29th. Investors of record on Wednesday, December 13th will be issued a $0.4575 dividend. This represents a $1.83 dividend on an annualized basis and a yield of 2.94%. The ex-dividend date of this dividend is Tuesday, December 12th. This is an increase from Ameren Corporation’s previous quarterly dividend of $0.44. Ameren Corporation’s dividend payout ratio is currently 69.84%.
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A number of equities analysts have commented on the company. BidaskClub raised Ameren Corporation from a “hold” rating to a “buy” rating in a research note on Friday, August 11th. KeyCorp restated a “hold” rating on shares of Ameren Corporation in a research report on Friday, October 20th. Morgan Stanley boosted their target price on Ameren Corporation from $56.00 to $57.00 and gave the stock an “overweight” rating in a research report on Thursday, August 10th. Zacks Investment Research downgraded Ameren Corporation from a “hold” rating to a “sell” rating in a research report on Tuesday, October 10th. Finally, Bank of America Corporation assumed coverage on Ameren Corporation in a research report on Tuesday, October 24th. They set a “neutral” rating and a $62.00 target price for the company. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $56.00.
Ameren Corporation Company Profile
Ameren Corporation is a utility holding company. The Company’s subsidiaries include Ameren Missouri, Ameren Illinois and Ameren Transmission Company (ATXI). It operates through four segments. The Ameren Missouri segment includes all of the operations of Ameren Missouri. The Ameren Illinois Electric Distribution segment consists of the electric distribution business of Ameren Illinois.
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