Atria Investments Inc Has $1.06 Million Stock Position in Ameren Co. (NYSE:AEE)

Atria Investments Inc grew its position in shares of Ameren Co. (NYSE:AEEFree Report) by 7.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,148 shares of the utilities provider’s stock after buying an additional 927 shares during the period. Atria Investments Inc’s holdings in Ameren were worth $1,059,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Impact Partnership Wealth LLC bought a new position in shares of Ameren in the third quarter worth $25,000. Penserra Capital Management LLC acquired a new stake in Ameren in the first quarter valued at about $25,000. Janiczek Wealth Management LLC boosted its stake in Ameren by 218.2% in the third quarter. Janiczek Wealth Management LLC now owns 350 shares of the utilities provider’s stock valued at $26,000 after buying an additional 240 shares in the last quarter. Dark Forest Capital Management LP acquired a new stake in Ameren in the first quarter valued at about $27,000. Finally, Kistler Tiffany Companies LLC acquired a new stake in Ameren in the second quarter valued at about $36,000. Institutional investors own 77.77% of the company’s stock.

Analyst Upgrades and Downgrades

AEE has been the topic of several research analyst reports. Evercore ISI lowered Ameren from an “outperform” rating to an “in-line” rating in a research note on Friday, December 15th. JPMorgan Chase & Co. lowered Ameren from an “overweight” rating to a “neutral” rating in a research note on Monday, December 18th. KeyCorp lowered Ameren from an “overweight” rating to a “sector weight” rating in a research note on Friday, December 15th. StockNews.com raised Ameren from a “sell” rating to a “hold” rating in a research note on Sunday, January 28th. Finally, Mizuho cut their price target on Ameren from $77.00 to $72.00 and set a “neutral” rating on the stock in a research note on Monday, December 18th. Eight investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $82.33.

Check Out Our Latest Stock Analysis on AEE

Insiders Place Their Bets

In other Ameren news, CFO Michael L. Moehn sold 3,244 shares of Ameren stock in a transaction that occurred on Wednesday, November 15th. The stock was sold at an average price of $77.28, for a total value of $250,696.32. Following the completion of the sale, the chief financial officer now directly owns 198,937 shares in the company, valued at $15,373,851.36. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In other news, CFO Michael L. Moehn sold 3,244 shares of the business’s stock in a transaction that occurred on Wednesday, November 15th. The stock was sold at an average price of $77.28, for a total transaction of $250,696.32. Following the completion of the sale, the chief financial officer now owns 198,937 shares in the company, valued at $15,373,851.36. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Rafael Flores sold 1,500 shares of the business’s stock in a transaction that occurred on Wednesday, November 29th. The shares were sold at an average price of $77.65, for a total value of $116,475.00. Following the sale, the director now owns 13,007 shares of the company’s stock, valued at approximately $1,009,993.55. The disclosure for this sale can be found here. 0.42% of the stock is currently owned by corporate insiders.

Ameren Price Performance

Shares of AEE opened at $68.38 on Wednesday. Ameren Co. has a 1 year low of $67.54 and a 1 year high of $91.18. The company has a debt-to-equity ratio of 1.24, a current ratio of 0.52 and a quick ratio of 0.33. The company has a market capitalization of $17.98 billion, a price-to-earnings ratio of 15.54, a price-to-earnings-growth ratio of 2.51 and a beta of 0.43. The business has a 50-day moving average of $72.96 and a 200-day moving average of $76.70.

Ameren (NYSE:AEEGet Free Report) last issued its quarterly earnings data on Thursday, November 9th. The utilities provider reported $1.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.80 by $0.07. Ameren had a return on equity of 10.67% and a net margin of 14.59%. The company had revenue of $2.06 billion during the quarter, compared to the consensus estimate of $2.40 billion. During the same period last year, the company earned $1.74 earnings per share. The firm’s revenue was down 10.7% compared to the same quarter last year. As a group, equities research analysts anticipate that Ameren Co. will post 4.39 earnings per share for the current year.

Ameren Company Profile

(Free Report)

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

Further Reading

Institutional Ownership by Quarter for Ameren (NYSE:AEE)

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