AMP Capital Investors Ltd decreased its position in Ameren Corp (NYSE:AEE) by 24.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 199,447 shares of the utilities provider’s stock after selling 63,812 shares during the period. AMP Capital Investors Ltd owned 0.08% of Ameren worth $11,764,000 at the end of the most recent quarter.
A number of other institutional investors have also recently bought and sold shares of the stock. BlackRock Inc. boosted its holdings in Ameren by 0.9% in the fourth quarter. BlackRock Inc. now owns 16,644,375 shares of the utilities provider’s stock valued at $981,851,000 after acquiring an additional 144,146 shares during the last quarter. Wells Fargo & Company MN boosted its holdings in Ameren by 12.9% during the third quarter. Wells Fargo & Company MN now owns 4,478,768 shares of the utilities provider’s stock worth $259,053,000 after buying an additional 511,854 shares during the last quarter. APG Asset Management N.V. boosted its holdings in Ameren by 27.6% during the fourth quarter. APG Asset Management N.V. now owns 4,419,198 shares of the utilities provider’s stock worth $217,096,000 after buying an additional 956,400 shares during the last quarter. Renaissance Technologies LLC boosted its holdings in Ameren by 25.7% during the fourth quarter. Renaissance Technologies LLC now owns 3,180,400 shares of the utilities provider’s stock worth $187,612,000 after buying an additional 650,200 shares during the last quarter. Finally, Geode Capital Management LLC boosted its holdings in Ameren by 2.9% during the fourth quarter. Geode Capital Management LLC now owns 2,572,602 shares of the utilities provider’s stock worth $151,435,000 after buying an additional 72,885 shares during the last quarter. Institutional investors and hedge funds own 69.80% of the company’s stock.
In other news, VP Martin J. Lyons sold 13,111 shares of the firm’s stock in a transaction dated Thursday, March 1st. The stock was sold at an average price of $54.52, for a total transaction of $714,811.72. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CAO Bruce A. Steinke sold 1,952 shares of the firm’s stock in a transaction dated Thursday, March 1st. The stock was sold at an average price of $54.28, for a total value of $105,954.56. Following the sale, the chief accounting officer now directly owns 41,120 shares in the company, valued at approximately $2,231,993.60. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 16,986 shares of company stock worth $925,147. 0.38% of the stock is currently owned by insiders.
Shares of Ameren Corp (NYSE:AEE) opened at $54.09 on Wednesday. The company has a market capitalization of $13,120.00, a PE ratio of 25.16, a PEG ratio of 2.58 and a beta of 0.32. The company has a current ratio of 0.55, a quick ratio of 0.37 and a debt-to-equity ratio of 0.97. Ameren Corp has a 1 year low of $51.89 and a 1 year high of $64.89.
Ameren (NYSE:AEE) last released its quarterly earnings results on Friday, February 16th. The utilities provider reported $0.39 EPS for the quarter, topping the Zacks’ consensus estimate of $0.34 by $0.05. The company had revenue of $1.40 billion for the quarter, compared to analyst estimates of $1.60 billion. Ameren had a return on equity of 9.43% and a net margin of 8.47%. Ameren’s revenue was up 3.4% compared to the same quarter last year. During the same quarter last year, the firm posted $0.13 earnings per share. research analysts forecast that Ameren Corp will post 3.03 EPS for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 29th. Stockholders of record on Wednesday, March 14th will be given a dividend of $0.4575 per share. This represents a $1.83 dividend on an annualized basis and a dividend yield of 3.38%. The ex-dividend date is Tuesday, March 13th. Ameren’s dividend payout ratio is currently 85.12%.
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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