HCR Wealth Advisors Sells 133 Shares of Ameren Co. (NYSE:AEE)

HCR Wealth Advisors trimmed its holdings in Ameren Co. (NYSE:AEE) by 4.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,171 shares of the utilities provider’s stock after selling 133 shares during the quarter. HCR Wealth Advisors’ holdings in Ameren were worth $283,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Metis Global Partners LLC boosted its position in shares of Ameren by 1.5% during the third quarter. Metis Global Partners LLC now owns 8,513 shares of the utilities provider’s stock worth $745,000 after acquiring an additional 124 shares during the last quarter. CWA Asset Management Group LLC boosted its holdings in shares of Ameren by 2.7% during the 4th quarter. CWA Asset Management Group LLC now owns 4,786 shares of the utilities provider’s stock valued at $427,000 after purchasing an additional 125 shares during the last quarter. Kentucky Retirement Systems grew its position in shares of Ameren by 0.6% during the second quarter. Kentucky Retirement Systems now owns 20,095 shares of the utilities provider’s stock valued at $1,429,000 after purchasing an additional 126 shares in the last quarter. NorthRock Partners LLC grew its position in shares of Ameren by 4.2% during the third quarter. NorthRock Partners LLC now owns 3,107 shares of the utilities provider’s stock valued at $272,000 after purchasing an additional 126 shares in the last quarter. Finally, Meiji Yasuda Asset Management Co Ltd. increased its holdings in shares of Ameren by 1.4% in the second quarter. Meiji Yasuda Asset Management Co Ltd. now owns 9,803 shares of the utilities provider’s stock worth $697,000 after purchasing an additional 135 shares during the last quarter. 79.09% of the stock is owned by hedge funds and other institutional investors.

Ameren Price Performance

Ameren stock opened at $91.04 on Thursday. Ameren Co. has a 12-month low of $67.03 and a 12-month high of $95.69. The company has a current ratio of 0.63, a quick ratio of 0.41 and a debt-to-equity ratio of 1.37. The firm has a 50-day moving average price of $90.62 and a 200-day moving average price of $85.11. The firm has a market capitalization of $24.30 billion, a PE ratio of 21.42, a price-to-earnings-growth ratio of 2.71 and a beta of 0.48.

Insider Buying and Selling

In other Ameren news, CFO Michael L. Moehn sold 6,500 shares of the business’s stock in a transaction that occurred on Wednesday, November 20th. The stock was sold at an average price of $92.15, for a total transaction of $598,975.00. Following the completion of the transaction, the chief financial officer now owns 205,171 shares in the company, valued at $18,906,507.65. The trade was a 3.07 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.36% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on AEE shares. Jefferies Financial Group assumed coverage on Ameren in a report on Thursday, September 19th. They set a “buy” rating and a $97.00 price target for the company. Barclays raised their target price on shares of Ameren from $77.00 to $88.00 and gave the company an “overweight” rating in a report on Tuesday, October 15th. Morgan Stanley boosted their price target on shares of Ameren from $86.00 to $94.00 and gave the stock an “equal weight” rating in a research report on Friday, December 13th. Argus upgraded shares of Ameren to a “strong-buy” rating in a research report on Thursday, September 19th. Finally, Wells Fargo & Company boosted their target price on shares of Ameren from $91.00 to $96.00 and gave the stock an “overweight” rating in a report on Friday, September 20th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, six have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Ameren has an average rating of “Moderate Buy” and an average price target of $89.89.

About Ameren

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.