ANTIPODES PARTNERS Ltd Has $143.09 Million Stock Holdings in Ameren Corporation $AEE

ANTIPODES PARTNERS Ltd boosted its stake in Ameren Corporation (NYSE:AEE) by 104,698.0% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 1,370,758 shares of the utilities provider’s stock after buying an additional 1,369,450 shares during the period. Ameren accounts for approximately 3.2% of ANTIPODES PARTNERS Ltd’s holdings, making the stock its 11th largest position. ANTIPODES PARTNERS Ltd’s holdings in Ameren were worth $143,091,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Grantham Mayo Van Otterloo & Co. LLC raised its stake in shares of Ameren by 1.4% in the second quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 7,105 shares of the utilities provider’s stock worth $682,000 after acquiring an additional 100 shares during the last quarter. Segment Wealth Management LLC increased its stake in Ameren by 3.6% in the third quarter. Segment Wealth Management LLC now owns 2,941 shares of the utilities provider’s stock valued at $307,000 after purchasing an additional 103 shares in the last quarter. NewSquare Capital LLC lifted its holdings in Ameren by 70.9% during the second quarter. NewSquare Capital LLC now owns 258 shares of the utilities provider’s stock worth $25,000 after acquiring an additional 107 shares in the last quarter. Keb Asset Management LLC increased its stake in Ameren by 0.9% during the 3rd quarter. Keb Asset Management LLC now owns 12,568 shares of the utilities provider’s stock worth $1,312,000 after purchasing an additional 108 shares in the last quarter. Finally, LVW Advisors LLC lifted its position in Ameren by 3.9% in the 3rd quarter. LVW Advisors LLC now owns 2,921 shares of the utilities provider’s stock valued at $305,000 after acquiring an additional 109 shares in the last quarter. 79.09% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Ameren

In other news, insider Michael L. Moehn sold 6,500 shares of the company’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $103.60, for a total value of $673,400.00. Following the completion of the sale, the insider owned 193,076 shares in the company, valued at $20,002,673.60. This represents a 3.26% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.42% of the stock is owned by corporate insiders.

Ameren Stock Up 0.2%

Shares of NYSE AEE opened at $110.02 on Friday. The company has a debt-to-equity ratio of 1.35, a current ratio of 0.66 and a quick ratio of 0.46. Ameren Corporation has a 1 year low of $91.77 and a 1 year high of $112.65. The stock has a market capitalization of $30.41 billion, a P/E ratio of 20.56, a P/E/G ratio of 2.21 and a beta of 0.57. The company has a 50-day moving average price of $102.90 and a 200-day moving average price of $102.44.

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

Ameren Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 10th will be paid a dividend of $0.75 per share. This is a boost from Ameren’s previous quarterly dividend of $0.71. The ex-dividend date is Tuesday, March 10th. This represents a $3.00 annualized dividend and a yield of 2.7%. Ameren’s dividend payout ratio (DPR) is 53.08%.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. Mizuho set a $117.00 price objective on shares of Ameren in a research note on Friday, February 13th. Wall Street Zen downgraded shares of Ameren from a “hold” rating to a “sell” rating in a research report on Saturday. Argus raised shares of Ameren to a “strong-buy” rating in a report on Wednesday, December 10th. Wells Fargo & Company raised their price target on Ameren from $111.00 to $113.00 and gave the stock an “overweight” rating in a research report on Friday, February 13th. Finally, KeyCorp cut Ameren from an “overweight” rating to a “sector weight” rating in a research note on Friday, December 12th. One 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 assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $113.30.

Ameren Company Profile

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.