Keybank National Association OH decreased its position in Ameren Corp (NYSE:AEE) by 3.1% during the second quarter, HoldingsChannel.com reports. The firm owned 359,501 shares of the utilities provider’s stock after selling 11,496 shares during the quarter. Keybank National Association OH’s holdings in Ameren were worth $27,002,000 as of its most recent SEC filing.
Other institutional investors have also recently made changes to their positions in the company. Livforsakringsbolaget Skandia Omsesidigt boosted its stake in Ameren by 45.9% in the 2nd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 3,181 shares of the utilities provider’s stock worth $239,000 after purchasing an additional 1,000 shares in the last quarter. Commonwealth Equity Services LLC boosted its stake in Ameren by 4.8% in the 2nd quarter. Commonwealth Equity Services LLC now owns 76,659 shares of the utilities provider’s stock worth $5,757,000 after purchasing an additional 3,524 shares in the last quarter. AJO LP boosted its stake in Ameren by 19.9% in the 1st quarter. AJO LP now owns 406,315 shares of the utilities provider’s stock worth $29,884,000 after purchasing an additional 67,510 shares in the last quarter. Janney Montgomery Scott LLC boosted its stake in Ameren by 11.4% in the 1st quarter. Janney Montgomery Scott LLC now owns 7,965 shares of the utilities provider’s stock worth $586,000 after purchasing an additional 813 shares in the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its stake in Ameren by 7.3% in the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 14,302 shares of the utilities provider’s stock worth $1,052,000 after purchasing an additional 975 shares in the last quarter. Institutional investors own 71.56% of the company’s stock.
In other Ameren news, insider Shawn E. Schukar sold 1,200 shares of the company’s stock in a transaction dated Thursday, May 23rd. The shares were sold at an average price of $75.27, for a total transaction of $90,324.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Mary P. Heger sold 3,000 shares of the company’s stock in a transaction dated Thursday, June 13th. The shares were sold at an average price of $76.02, for a total transaction of $228,060.00. The disclosure for this sale can be found here. 0.52% of the stock is currently owned by corporate insiders.
AEE traded down $0.66 during midday trading on Wednesday, hitting $75.85. 37,444 shares of the company traded hands, compared to its average volume of 1,365,165. The company has a quick ratio of 0.39, a current ratio of 0.55 and a debt-to-equity ratio of 1.04. The firm has a market cap of $18.85 billion, a price-to-earnings ratio of 22.72, a PEG ratio of 3.61 and a beta of 0.24. The firm has a 50-day moving average of $76.13. Ameren Corp has a 52 week low of $62.06 and a 52 week high of $77.77.
Ameren (NYSE:AEE) last posted its earnings results on Friday, August 2nd. The utilities provider reported $0.72 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.75 by ($0.03). The company had revenue of $1.38 billion for the quarter, compared to the consensus estimate of $1.43 billion. Ameren had a net margin of 13.08% and a return on equity of 10.31%. During the same quarter in the prior year, the company posted $0.97 EPS. On average, analysts expect that Ameren Corp will post 3.26 EPS for the current year.
The business also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Wednesday, September 11th will be paid a dividend of $0.475 per share. This represents a $1.90 annualized dividend and a yield of 2.50%. The ex-dividend date of this dividend is Tuesday, September 10th. Ameren’s dividend payout ratio is currently 56.38%.
Ameren Corporation operates as a public utility holding company in the United States. It operates through four segments: Ameren Missouri, Ameren Illinois Electric Distribution, Ameren Illinois Natural Gas, and Ameren Transmission. The company engages in the rate-regulated electric generation, transmission, and distribution activities; and rate-regulated natural gas distribution and transmission businesses.
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