Ameren (AEE) Holdings Decreased by Candriam Luxembourg S.C.A.

Candriam Luxembourg S.C.A. decreased its stake in shares of Ameren (NYSE:AEE) by 59.4% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 19,728 shares of the utilities provider’s stock after selling 28,854 shares during the quarter. Candriam Luxembourg S.C.A.’s holdings in Ameren were worth $1,117,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the business. Empire Life Investments Inc. increased its position in shares of Ameren by 0.6% during the 4th quarter. Empire Life Investments Inc. now owns 155,971 shares of the utilities provider’s stock worth $9,201,000 after purchasing an additional 927 shares during the last quarter. Vicus Capital increased its holdings in shares of Ameren by 15.9% during the 1st quarter. Vicus Capital now owns 6,822 shares of the utilities provider’s stock worth $386,000 after acquiring an additional 934 shares during the last quarter. Zeke Capital Advisors LLC increased its holdings in shares of Ameren by 31.1% during the 4th quarter. Zeke Capital Advisors LLC now owns 4,552 shares of the utilities provider’s stock worth $269,000 after acquiring an additional 1,079 shares during the last quarter. ARP Americas LP increased its holdings in shares of Ameren by 12.5% during the 4th quarter. ARP Americas LP now owns 9,928 shares of the utilities provider’s stock worth $586,000 after acquiring an additional 1,100 shares during the last quarter. Finally, CIBC Asset Management Inc increased its holdings in shares of Ameren by 5.0% during the 4th quarter. CIBC Asset Management Inc now owns 25,425 shares of the utilities provider’s stock worth $1,500,000 after acquiring an additional 1,211 shares during the last quarter. 69.71% of the stock is currently owned by hedge funds and other institutional investors.

Ameren opened at $59.19 on Friday, MarketBeat.com reports. The company has a current ratio of 0.47, a quick ratio of 0.33 and a debt-to-equity ratio of 0.92. Ameren has a 1-year low of $51.89 and a 1-year high of $64.89. The company has a market cap of $14.33 billion, a P/E ratio of 20.92, a price-to-earnings-growth ratio of 2.96 and a beta of 0.26.

Ameren (NYSE:AEE) last issued its quarterly earnings data on Wednesday, May 9th. The utilities provider reported $0.62 EPS for the quarter, beating analysts’ consensus estimates of $0.58 by $0.04. Ameren had a return on equity of 10.04% and a net margin of 9.15%. The firm had revenue of $1.59 billion for the quarter, compared to analyst estimates of $1.55 billion. During the same period in the prior year, the firm posted $0.42 EPS. The company’s revenue for the quarter was up 4.6% on a year-over-year basis. equities analysts forecast that Ameren will post 3.04 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 29th. Shareholders of record on Wednesday, June 13th will be issued a $0.4575 dividend. This represents a $1.83 dividend on an annualized basis and a yield of 3.09%. The ex-dividend date of this dividend is Tuesday, June 12th. Ameren’s dividend payout ratio is 64.66%.

In other Ameren news, SVP Mark C. Lindgren sold 5,500 shares of the company’s stock in a transaction on Thursday, May 24th. The stock was sold at an average price of $58.68, for a total value of $322,740.00. Following the transaction, the senior vice president now directly owns 24,275 shares of the company’s stock, valued at approximately $1,424,457. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.44% of the company’s stock.

A number of research analysts recently weighed in on AEE shares. Goldman Sachs Group raised Ameren from a “sell” rating to a “neutral” rating and set a $61.00 target price on the stock in a report on Tuesday, May 22nd. Zacks Investment Research lowered Ameren from a “buy” rating to a “hold” rating in a report on Friday, May 25th. UBS Group raised Ameren from a “neutral” rating to a “buy” rating and set a $63.00 target price on the stock in a report on Monday, April 2nd. Gabelli started coverage on Ameren in a report on Tuesday, March 27th. They set a “buy” rating and a $66.00 target price on the stock. Finally, Morgan Stanley boosted their target price on Ameren from $54.00 to $57.00 and gave the stock a “sell” rating in a report on Monday, April 16th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, three have given a buy rating and one has issued a strong buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $62.50.

Ameren Company Profile

Ameren Corporation 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.

Institutional Ownership by Quarter for Ameren (NYSE:AEE)

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