Ameren Corporation $AEE Shares Purchased by Tudor Investment Corp ET AL

Tudor Investment Corp ET AL boosted its holdings in Ameren Corporation (NYSE:AEE) by 23.7% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 155,836 shares of the utilities provider’s stock after buying an additional 29,807 shares during the period. Tudor Investment Corp ET AL owned 0.06% of Ameren worth $16,266,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd increased its position in Ameren by 285.5% during the third quarter. Caitong International Asset Management Co. Ltd now owns 266 shares of the utilities provider’s stock worth $28,000 after purchasing an additional 197 shares during the last quarter. Osterweis Capital Management Inc. boosted its holdings in shares of Ameren by 6,040.0% in the 2nd quarter. Osterweis Capital Management Inc. now owns 307 shares of the utilities provider’s stock valued at $29,000 after purchasing an additional 302 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. purchased a new stake in shares of Ameren during the 3rd quarter valued at $29,000. Wiser Advisor Group LLC acquired a new stake in shares of Ameren during the 3rd quarter worth $35,000. Finally, Sunbelt Securities Inc. acquired a new stake in shares of Ameren during the 3rd quarter worth $37,000. Hedge funds and other institutional investors own 79.09% of the company’s stock.

Insiders Place Their Bets

In other news, insider Michael L. Moehn sold 6,500 shares of the firm’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $103.60, for a total transaction of $673,400.00. Following the completion of the sale, the insider directly owned 193,076 shares in the company, valued at $20,002,673.60. This trade represents a 3.26% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.42% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the company. JPMorgan Chase & Co. lifted their target price on Ameren from $108.00 to $111.00 and gave the company a “neutral” rating in a report on Thursday, January 15th. Wall Street Zen upgraded Ameren from a “sell” rating to a “hold” rating in a research note on Saturday. Royal Bank Of Canada restated a “sector perform” rating and issued a $116.00 price objective on shares of Ameren in a report on Friday, January 23rd. BMO Capital Markets lifted their price objective on Ameren from $112.00 to $120.00 and gave the company an “outperform” rating in a research note on Friday, February 13th. Finally, UBS Group boosted their target price on Ameren from $125.00 to $127.00 and gave the stock a “buy” rating in a report on Friday, February 20th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $113.30.

Ameren Stock Down 3.1%

Shares of Ameren stock opened at $106.20 on Friday. The company has a current ratio of 0.66, a quick ratio of 0.46 and a debt-to-equity ratio of 1.35. Ameren Corporation has a twelve month low of $91.77 and a twelve month high of $113.93. The stock has a market cap of $29.36 billion, a price-to-earnings ratio of 19.85, a price-to-earnings-growth ratio of 2.22 and a beta of 0.56. The company has a fifty day moving average price of $107.55 and a 200 day moving average price of $103.84.

Ameren (NYSE:AEE) last issued its quarterly earnings data on Wednesday, February 11th. The utilities provider reported $0.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.77 by $0.01. Ameren had a net margin of 16.55% and a return on equity of 10.69%. The company had revenue of $1.78 billion during the quarter, compared to the consensus estimate of $1.69 billion. During the same quarter last year, the company earned $0.77 earnings per share. Ameren’s revenue for the quarter was down 8.2% on a year-over-year basis. Equities research analysts forecast that Ameren Corporation will post 4.93 earnings per share for the current fiscal year.

Ameren Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 10th will be issued a $0.75 dividend. The ex-dividend date is Tuesday, March 10th. This represents a $3.00 dividend on an annualized basis and a yield of 2.8%. This is an increase from Ameren’s previous quarterly dividend of $0.71. Ameren’s dividend payout ratio (DPR) is presently 56.07%.

About Ameren

Ameren Corporation (NYSE: AEE) is an integrated energy company headquartered in St. Louis, Missouri, that provides electric and natural gas delivery and related services in portions of Missouri and Illinois. The company operates regulated utility businesses that serve a broad mix of residential, commercial and industrial customers, and it participates in wholesale energy markets and transmission operations that support reliable service across its service territories.

Ameren’s core activities include generation, transmission and distribution of electricity, distribution of natural gas, and the provision of customer energy solutions such as demand-side management and energy efficiency programs.