3 days Ago By ABMN Staff
State of New Jersey Common Pension Fund D lowered its stake in Ameren Co. ( NYSE:AEE – Free Report ) by 34.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission.
The institutional investor owned 87,765 shares of the utilities provider’s stock after selling 45,254 shares during the quarter. State of New Jersey Common Pension Fund D’s holdings in Ameren were worth $6,241,000 as of its most recent filing with the Securities and Exchange Commission. A number of other institutional investors have also recently bought and sold shares of AEE.
Price T Rowe Associates Inc. MD increased its stake in Ameren by 25.0% in the 1st quarter.
Price T Rowe Associates Inc. MD now owns 22,931,588 shares of the utilities provider’s stock worth $1,696,022,000 after purchasing an additional 4,593,638 shares in the last quarter. Zimmer Partners LP increased its stake in Ameren by 204.
3% in the 1st quarter. Zimmer Partners LP now owns 3,827,897 shares of the utilities provider’s stock worth $283,111,000 after purchasing an additional 2,569,897 shares in the last quarter. Cohen & Steers Inc.
purchased a new position in Ameren in the 4th quarter worth about $60,445,000. Vanguard Group Inc. boosted its position in Ameren by 2.
5% during the 1st quarter. Vanguard Group Inc. now owns 33,092,435 shares of the utilities provider’s stock worth $2,447,516,000 after acquiring an additional 802,714 shares during the period.
Finally, ANTIPODES PARTNERS Ltd boosted its position in Ameren by 192.6% during the 2nd quarter. ANTIPODES PARTNERS Ltd now owns 1,103,565 shares of the utilities provider’s stock worth $78,475,000 after acquiring an additional 726,404 shares during the period.
Hedge funds and other institutional investors own 79.09% of the company’s stock. Insider Buying and Selling In related news, EVP Chonda J.
Nwamu sold 1,610 shares of the business’s stock in a transaction that occurred on Wednesday, August 28th. The stock was sold at an average price of $81.94, for a total value of $131,923.
40. Following the completion of the sale, the executive vice president now directly owns 44,432 shares in the company, valued at approximately $3,640,758.08.
The transaction 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.
Analyst Ratings Changes View Our Latest Stock Report on AEE Ameren Stock Up 0.6 % Shares of Ameren stock opened at $83.99 on Monday.
The stock has a 50-day simple moving average of $79.70 and a 200-day simple moving average of $75.02.
Ameren Co. has a 52-week low of $67.03 and a 52-week high of $85.
57. The company has a debt-to-equity ratio of 1.40, a current ratio of 0.
67 and a quick ratio of 0.45. The firm has a market cap of $22.
40 billion, a price-to-earnings ratio of 19.31, a P/E/G ratio of 2.75 and a beta of 0.
45. Ameren ( NYSE:AEE – Get Free Report ) last posted its earnings results on Thursday, August 1st. The utilities provider reported $0.
97 earnings per share for the quarter, topping the consensus estimate of $0.93 by $0.04.
Ameren had a return on equity of 10.20% and a net margin of 16.28%.
The firm had revenue of $1.69 billion during the quarter, compared to analyst estimates of $1.87 billion.
During the same period in the previous year, the company earned $0.90 EPS. The company’s revenue for the quarter was down 3.
8% on a year-over-year basis. On average, equities research analysts expect that Ameren Co. will post 4.
62 earnings per share for the current fiscal year. Ameren Dividend Announcement The business also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Wednesday, September 11th will be issued a $0.
67 dividend. The ex-dividend date is Wednesday, September 11th. This represents a $2.
68 annualized dividend and a yield of 3.19%. Ameren’s dividend payout ratio (DPR) is currently 61.
61%. Ameren Company Profile ( Free Report ) 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. Recommended Stories Want to see what other hedge funds are holding AEE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ameren Co.
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