Ameren Corporation (NYSE:AEE) Shares Acquired by Blair William & Co. IL

Blair William & Co. IL raised its holdings in shares of Ameren Corporation (NYSE:AEE) by 13.2% in the 1st quarter, HoldingsChannel.com reports. The fund owned 3,863 shares of the utilities provider’s stock after buying an additional 450 shares during the quarter. Blair William & Co. IL’s holdings in Ameren were worth $388,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Price T Rowe Associates Inc. MD lifted its stake in Ameren by 1.5% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 27,048,729 shares of the utilities provider’s stock valued at $2,411,125,000 after acquiring an additional 392,170 shares during the period. T. Rowe Price Investment Management Inc. lifted its stake in Ameren by 16.7% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 17,038,754 shares of the utilities provider’s stock valued at $1,518,835,000 after acquiring an additional 2,439,811 shares during the period. Janus Henderson Group PLC lifted its stake in Ameren by 0.9% during the 4th quarter. Janus Henderson Group PLC now owns 4,601,449 shares of the utilities provider’s stock valued at $410,174,000 after acquiring an additional 39,455 shares during the period. Northern Trust Corp lifted its stake in Ameren by 6.7% during the 4th quarter. Northern Trust Corp now owns 2,422,045 shares of the utilities provider’s stock valued at $215,901,000 after acquiring an additional 153,031 shares during the period. Finally, Millennium Management LLC lifted its stake in Ameren by 76.7% during the 4th quarter. Millennium Management LLC now owns 2,134,288 shares of the utilities provider’s stock valued at $190,250,000 after acquiring an additional 926,126 shares during the period. 79.09% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have commented on AEE. The Goldman Sachs Group upgraded shares of Ameren from a “sell” rating to a “neutral” rating and lifted their price objective for the company from $91.00 to $100.00 in a research note on Wednesday, June 25th. Barclays decreased their target price on shares of Ameren from $104.00 to $100.00 and set an “equal weight” rating for the company in a research note on Thursday, July 10th. Morgan Stanley decreased their target price on shares of Ameren from $102.00 to $100.00 and set an “equal weight” rating for the company in a research note on Wednesday, June 18th. UBS Group boosted their target price on shares of Ameren from $111.00 to $114.00 and gave the company a “buy” rating in a research note on Friday, July 11th. Finally, BMO Capital Markets boosted their target price on shares of Ameren from $106.00 to $108.00 and gave the company an “outperform” rating in a research note on Monday, May 5th. Five analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $101.36.

Ameren Price Performance

Shares of NYSE AEE opened at $101.33 on Tuesday. The firm has a market cap of $27.40 billion, a PE ratio of 22.27, a PEG ratio of 2.61 and a beta of 0.45. The firm has a fifty day moving average of $97.42 and a 200 day moving average of $97.68. The company has a debt-to-equity ratio of 1.51, a quick ratio of 0.56 and a current ratio of 0.80. Ameren Corporation has a one year low of $79.81 and a one year high of $104.10.

Ameren (NYSE:AEE) last issued its quarterly earnings results on Thursday, July 31st. The utilities provider reported $1.01 EPS for the quarter, topping the consensus estimate of $1.00 by $0.01. The company had revenue of $2.22 billion during the quarter, compared to analyst estimates of $1.82 billion. Ameren had a net margin of 14.55% and a return on equity of 10.38%. The firm’s revenue was up 31.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.97 EPS. As a group, research analysts predict that Ameren Corporation will post 4.93 EPS for the current fiscal year.

Ameren Company Profile

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 business.