Ameren Co. (NYSE:AEE) Shares Purchased by Czech National Bank

Czech National Bank boosted its stake in shares of Ameren Co. (NYSE:AEE) by 6.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 57,876 shares of the utilities provider’s stock after buying an additional 3,523 shares during the period. Czech National Bank’s holdings in Ameren were worth $5,159,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in AEE. State Street Corp raised its holdings in shares of Ameren by 2.6% during the 3rd quarter. State Street Corp now owns 13,139,956 shares of the utilities provider’s stock worth $1,149,221,000 after acquiring an additional 334,752 shares during the period. Geode Capital Management LLC raised its stake in Ameren by 1.9% during the third quarter. Geode Capital Management LLC now owns 6,672,164 shares of the utilities provider’s stock worth $581,661,000 after purchasing an additional 127,287 shares during the period. Janus Henderson Group PLC raised its stake in Ameren by 0.9% during the third quarter. Janus Henderson Group PLC now owns 4,561,994 shares of the utilities provider’s stock worth $398,992,000 after purchasing an additional 39,300 shares during the period. FMR LLC boosted its holdings in Ameren by 59.8% in the 3rd quarter. FMR LLC now owns 2,631,580 shares of the utilities provider’s stock valued at $230,158,000 after purchasing an additional 984,879 shares during the last quarter. Finally, Millennium Management LLC grew its stake in shares of Ameren by 106.1% in the 2nd quarter. Millennium Management LLC now owns 2,498,158 shares of the utilities provider’s stock valued at $177,644,000 after buying an additional 1,286,162 shares during the period. 79.09% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, CFO Michael L. Moehn sold 6,500 shares of the business’s 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 completion of the sale, the chief financial officer now owns 205,171 shares in the company, valued at approximately $18,906,507.65. The trade was a 3.07 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.42% of the company’s stock.

Ameren Trading Up 1.8 %

Shares of NYSE:AEE opened at $91.04 on Thursday. Ameren Co. has a 52 week low of $67.03 and a 52 week high of $95.69. The company’s 50 day moving average is $90.62 and its two-hundred day moving average is $85.11. The company has a market cap of $24.30 billion, a PE ratio of 21.42, a P/E/G ratio of 2.95 and a beta of 0.48. The company has a current ratio of 0.63, a quick ratio of 0.41 and a debt-to-equity ratio of 1.37.

Analysts Set New Price Targets

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

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.