Jefferies Financial Group Inc. lessened its stake in Ameren Corporation (NYSE:AEE – Free Report) by 28.5% in the 4th quarter, Holdings Channel.com reports. The firm owned 33,366 shares of the utilities provider’s stock after selling 13,271 shares during the quarter. Jefferies Financial Group Inc.’s holdings in Ameren were worth $3,332,000 as of its most recent SEC filing.
Several other large investors have also recently modified their holdings of AEE. Y Intercept Hong Kong Ltd purchased a new position in Ameren in the 3rd quarter worth about $1,097,000. ANTIPODES PARTNERS Ltd raised its position in Ameren by 104,698.0% in the 3rd quarter. ANTIPODES PARTNERS Ltd now owns 1,370,758 shares of the utilities provider’s stock worth $143,091,000 after buying an additional 1,369,450 shares during the last quarter. Alliancebernstein L.P. raised its position in Ameren by 3.6% in the 3rd quarter. Alliancebernstein L.P. now owns 3,378,053 shares of the utilities provider’s stock worth $352,601,000 after buying an additional 116,819 shares during the last quarter. Tudor Investment Corp ET AL raised its position in Ameren by 23.7% in the 3rd quarter. Tudor Investment Corp ET AL now owns 155,836 shares of the utilities provider’s stock worth $16,266,000 after buying an additional 29,807 shares during the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. raised its position in Ameren by 5.3% in the 3rd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 543,726 shares of the utilities provider’s stock worth $56,754,000 after buying an additional 27,461 shares during the last quarter. Hedge funds and other institutional investors own 79.09% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of equities analysts have weighed in on the company. Wall Street Zen lowered Ameren from a “hold” rating to a “sell” rating in a research report on Monday. Argus boosted their price target on Ameren from $108.00 to $115.00 and gave the company a “buy” rating in a research note on Monday, March 23rd. BMO Capital Markets boosted their price target on Ameren from $112.00 to $120.00 and gave the company an “outperform” rating in a research note on Friday, February 13th. Barclays raised their price objective on shares of Ameren from $104.00 to $116.00 and gave the stock an “equal weight” rating in a report on Wednesday, April 15th. Finally, Weiss Ratings raised shares of Ameren from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, May 11th. Nine analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $117.54.
Ameren Stock Performance
AEE opened at $111.16 on Wednesday. The company has a current ratio of 0.62, a quick ratio of 0.44 and a debt-to-equity ratio of 1.39. The company has a market cap of $30.76 billion, a price-to-earnings ratio of 19.99, a PEG ratio of 2.24 and a beta of 0.50. The company’s 50 day moving average is $110.44 and its 200 day moving average is $106.46. Ameren Corporation has a 12-month low of $93.50 and a 12-month high of $115.58.
Ameren (NYSE:AEE – Get Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The utilities provider reported $1.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.17 by $0.11. The company had revenue of $2.18 billion for the quarter, compared to the consensus estimate of $2.24 billion. Ameren had a net margin of 17.17% and a return on equity of 10.94%. The firm’s revenue was up 3.8% compared to the same quarter last year. During the same quarter last year, the firm posted $1.07 earnings per share. Ameren has set its FY 2026 guidance at 5.250-5.450 EPS. On average, equities research analysts predict that Ameren Corporation will post 5.36 EPS for the current year.
Ameren Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th will be paid a dividend of $0.75 per share. The ex-dividend date is Tuesday, June 9th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 2.7%. Ameren’s payout ratio is 53.96%.
Insider Activity
In related news, SVP Theresa A. Shaw sold 1,500 shares of the business’s stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $109.35, for a total transaction of $164,025.00. Following the completion of the transaction, the senior vice president directly owned 32,943 shares in the company, valued at approximately $3,602,317.05. The trade was a 4.36% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.29% of the company’s stock.
Ameren 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.
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