Ameren Co. (NYSE:AEE) Shares Purchased by Caprock Group LLC

Caprock Group LLC increased its stake in shares of Ameren Co. (NYSE:AEE) by 24.5% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 3,311 shares of the utilities provider’s stock after purchasing an additional 652 shares during the period. Caprock Group LLC’s holdings in Ameren were worth $295,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of AEE. International Assets Investment Management LLC grew its stake in shares of Ameren by 8,645.7% during the third quarter. International Assets Investment Management LLC now owns 1,160,998 shares of the utilities provider’s stock worth $1,015,410,000 after purchasing an additional 1,147,723 shares in the last quarter. FMR LLC grew its holdings in shares of Ameren by 59.8% during the third quarter. FMR LLC now owns 2,631,580 shares of the utilities provider’s stock worth $230,158,000 after buying an additional 984,879 shares during the last quarter. Assenagon Asset Management S.A. raised its stake in Ameren by 3,738.0% during the 3rd quarter. Assenagon Asset Management S.A. now owns 745,872 shares of the utilities provider’s stock valued at $65,234,000 after acquiring an additional 726,438 shares during the last quarter. Verition Fund Management LLC grew its position in Ameren by 484.8% in the 3rd quarter. Verition Fund Management LLC now owns 637,241 shares of the utilities provider’s stock valued at $55,733,000 after buying an additional 528,270 shares during the last quarter. Finally, Caisse DE Depot ET Placement DU Quebec raised its position in Ameren by 26.1% during the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 2,318,537 shares of the utilities provider’s stock worth $202,779,000 after buying an additional 479,668 shares during the last quarter. Institutional investors and hedge funds own 79.09% of the company’s stock.

Insider Transactions at Ameren

In other news, CFO Michael L. Moehn sold 6,500 shares of Ameren stock in a transaction that occurred on Wednesday, November 20th. The shares were sold at an average price of $92.15, for a total transaction of $598,975.00. Following the sale, the chief financial officer now owns 205,171 shares in the company, valued at $18,906,507.65. This trade represents a 3.07 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 0.36% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on AEE shares. BMO Capital Markets increased their price objective on Ameren from $93.00 to $98.00 and gave the stock an “outperform” rating in a research report on Thursday, December 5th. Evercore ISI raised shares of Ameren from an “in-line” rating to an “outperform” rating and upped their price target for the company from $89.00 to $104.00 in a report on Tuesday, January 21st. Barclays lowered Ameren from an “overweight” rating to an “equal weight” rating and increased their price objective for the company from $88.00 to $95.00 in a research note on Monday, January 27th. Finally, Morgan Stanley boosted their price objective on shares of Ameren from $86.00 to $94.00 and gave the company an “equal weight” rating in a research report on Friday, December 13th. One analyst has rated the stock with a sell rating, four have assigned a hold rating, six have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Ameren has an average rating of “Moderate Buy” and an average price target of $92.00.

Ameren Stock Up 0.0 %

Shares of Ameren stock opened at $96.65 on Friday. The company has a fifty day moving average price of $91.40 and a 200 day moving average price of $87.46. The company has a current ratio of 0.63, a quick ratio of 0.41 and a debt-to-equity ratio of 1.37. Ameren Co. has a twelve month low of $67.03 and a twelve month high of $97.29. The stock has a market cap of $25.80 billion, a price-to-earnings ratio of 22.74, a price-to-earnings-growth ratio of 2.90 and a beta of 0.49.

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.