Ameren Co. (NYSE:AEE) Shares Sold by Mutual Advisors LLC

Mutual Advisors LLC lowered its position in Ameren Co. (NYSE:AEE) by 3.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,252 shares of the utilities provider’s stock after selling 742 shares during the period. Mutual Advisors LLC’s holdings in Ameren were worth $1,901,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Bartlett & CO. Wealth Management LLC lifted its stake in Ameren by 57.0% in the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 1,929 shares of the utilities provider’s stock valued at $172,000 after buying an additional 700 shares in the last quarter. Tudor Financial Inc. lifted its stake in Ameren by 3.9% in the 4th quarter. Tudor Financial Inc. now owns 5,496 shares of the utilities provider’s stock valued at $490,000 after buying an additional 206 shares in the last quarter. Aaron Wealth Advisors LLC purchased a new stake in Ameren in the 4th quarter valued at approximately $201,000. HB Wealth Management LLC lifted its stake in Ameren by 14.3% in the 4th quarter. HB Wealth Management LLC now owns 3,912 shares of the utilities provider’s stock valued at $349,000 after buying an additional 490 shares in the last quarter. Finally, Hennessy Advisors Inc. lifted its stake in Ameren by 2.6% in the 4th quarter. Hennessy Advisors Inc. now owns 42,680 shares of the utilities provider’s stock valued at $3,804,000 after buying an additional 1,100 shares in the last quarter. Institutional investors and hedge funds own 79.09% of the company’s stock.

Ameren Trading Up 0.9 %

Shares of AEE opened at $94.20 on Friday. 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 market capitalization of $25.14 billion, a P/E ratio of 22.16, a price-to-earnings-growth ratio of 2.88 and a beta of 0.48. The stock’s fifty day simple moving average is $91.15 and its 200 day simple moving average is $86.03. Ameren Co. has a twelve month low of $67.03 and a twelve month high of $96.74.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the company. Barclays upped their target price on Ameren from $77.00 to $88.00 and gave the company an “overweight” rating in a research note on Tuesday, October 15th. Morgan Stanley increased their price target on Ameren from $86.00 to $94.00 and gave the stock an “equal weight” rating in a research note on Friday, December 13th. BMO Capital Markets increased their price target on Ameren from $93.00 to $98.00 and gave the stock an “outperform” rating in a research note on Thursday, December 5th. Finally, Evercore ISI raised Ameren from an “in-line” rating to an “outperform” rating and increased their price target for the stock from $89.00 to $104.00 in a research note on Tuesday. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $91.30.

Insider Buying and Selling

In related news, CFO Michael L. Moehn sold 6,500 shares of the stock in a transaction on Wednesday, November 20th. The stock was sold at an average price of $92.15, for a total value of $598,975.00. Following the transaction, the chief financial officer now directly owns 205,171 shares of the company’s stock, valued at approximately $18,906,507.65. This trade represents a 3.07 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.42% of the company’s stock.

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.