Cbre Clarion Securities LLC Purchases 126,394 Shares of Ameren Co. (NYSE:AEE)

Cbre Clarion Securities LLC grew its position in shares of Ameren Co. (NYSE:AEE) by 35.2% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 485,872 shares of the utilities provider’s stock after buying an additional 126,394 shares during the quarter. Cbre Clarion Securities LLC owned 0.19% of Ameren worth $39,531,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently bought and sold shares of AEE. Price T Rowe Associates Inc. MD lifted its position in shares of Ameren by 18.9% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 31,884,843 shares of the utilities provider’s stock worth $2,488,931,000 after buying an additional 5,061,639 shares in the last quarter. Nuveen Asset Management LLC raised its holdings in shares of Ameren by 375.8% in the 4th quarter. Nuveen Asset Management LLC now owns 3,201,922 shares of the utilities provider’s stock worth $249,942,000 after purchasing an additional 2,529,007 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of Ameren by 172.9% in the 4th quarter. JPMorgan Chase & Co. now owns 3,049,431 shares of the utilities provider’s stock worth $238,038,000 after purchasing an additional 1,932,186 shares during the period. BlackRock Inc. raised its holdings in shares of Ameren by 9.8% in the 4th quarter. BlackRock Inc. now owns 18,906,031 shares of the utilities provider’s stock worth $1,475,805,000 after purchasing an additional 1,692,185 shares during the period. Finally, Ceredex Value Advisors LLC bought a new stake in shares of Ameren in the 4th quarter worth approximately $46,290,000. 76.02% of the stock is currently owned by hedge funds and other institutional investors.

In other news, insider Richard J. Mark sold 6,000 shares of the business’s stock in a transaction on Wednesday, March 31st. The shares were sold at an average price of $81.17, for a total transaction of $487,020.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Fadi M. Diya sold 8,000 shares of the business’s stock in a transaction on Thursday, May 27th. The shares were sold at an average price of $83.91, for a total transaction of $671,280.00. The disclosure for this sale can be found here. 0.56% of the stock is owned by insiders.

A number of equities research analysts recently commented on AEE shares. Mizuho started coverage on shares of Ameren in a report on Wednesday, April 14th. They issued a “neutral” rating and a $83.00 price target on the stock. Morgan Stanley lowered their price target on shares of Ameren from $87.00 to $86.00 and set an “equal weight” rating on the stock in a report on Tuesday, May 18th. Barclays lifted their price target on shares of Ameren from $81.00 to $88.00 and gave the stock an “equal weight” rating in a report on Tuesday, May 25th. Finally, Bank of America raised shares of Ameren from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $84.00 to $89.00 in a report on Tuesday, April 13th. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $87.17.

AEE stock traded down $0.49 during midday trading on Friday, reaching $85.36. 27,793 shares of the company’s stock traded hands, compared to its average volume of 1,535,371. The firm has a 50-day moving average price of $83.89. The company has a debt-to-equity ratio of 1.24, a current ratio of 0.79 and a quick ratio of 0.59. Ameren Co. has a 52 week low of $67.14 and a 52 week high of $86.90. The stock has a market capitalization of $21.81 billion, a price-to-earnings ratio of 22.47, a PEG ratio of 3.11 and a beta of 0.25.

Ameren (NYSE:AEE) last issued its earnings results on Sunday, May 9th. The utilities provider reported $0.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.79 by $0.12. Ameren had a net margin of 16.18% and a return on equity of 10.84%. The business had revenue of $1.57 billion for the quarter, compared to analysts’ expectations of $1.54 billion. During the same quarter in the previous year, the firm posted $0.59 EPS. The business’s revenue for the quarter was up 8.7% compared to the same quarter last year. On average, sell-side analysts forecast that Ameren Co. will post 3.77 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 30th. Stockholders of record on Wednesday, June 9th will be given a dividend of $0.55 per share. The ex-dividend date of this dividend is Tuesday, June 8th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.58%. Ameren’s dividend payout ratio (DPR) is currently 62.86%.

About Ameren

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.

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Institutional Ownership by Quarter for Ameren (NYSE:AEE)

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