Gs Investments Inc. Purchases New Holdings in Ameren Corporation (AEE)

Gs Investments Inc. purchased a new stake in Ameren Corporation (NYSE:AEE) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 5,903 shares of the utilities provider’s stock, valued at approximately $409,000.

Several other large investors have also added to or reduced their stakes in the business. Acropolis Investment Management LLC raised its holdings in shares of Ameren Corporation by 0.5% in the 2nd quarter. Acropolis Investment Management LLC now owns 2,406 shares of the utilities provider’s stock valued at $132,000 after acquiring an additional 11 shares in the last quarter. Conning Inc. increased its position in shares of Ameren Corporation by 0.3% during the 2nd quarter. Conning Inc. now owns 6,455 shares of the utilities provider’s stock valued at $353,000 after purchasing an additional 20 shares during the last quarter. ING Groep NV increased its position in shares of Ameren Corporation by 0.4% during the 2nd quarter. ING Groep NV now owns 12,426 shares of the utilities provider’s stock valued at $679,000 after purchasing an additional 45 shares during the last quarter. C M Bidwell & Associates Ltd. increased its position in shares of Ameren Corporation by 1.0% during the 2nd quarter. C M Bidwell & Associates Ltd. now owns 4,345 shares of the utilities provider’s stock valued at $238,000 after purchasing an additional 45 shares during the last quarter. Finally, Veritable L.P. increased its position in shares of Ameren Corporation by 0.3% during the 2nd quarter. Veritable L.P. now owns 18,393 shares of the utilities provider’s stock valued at $1,006,000 after purchasing an additional 52 shares during the last quarter. 69.78% of the stock is currently owned by hedge funds and other institutional investors.

AEE has been the topic of several recent research reports. BidaskClub upgraded Ameren Corporation from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 26th. Morgan Stanley reiterated an “equal weight” rating on shares of Ameren Corporation in a research report on Friday, September 8th. Goldman Sachs Group, Inc. (The) lowered Ameren Corporation from a “neutral” rating to a “sell” rating and set a $51.00 price objective on the stock. in a research report on Monday, June 26th. Zacks Investment Research lowered Ameren Corporation from a “hold” rating to a “sell” rating in a research report on Tuesday, October 10th. Finally, KeyCorp reiterated a “hold” rating on shares of Ameren Corporation in a research report on Friday. Two analysts have rated the stock with a sell rating, four have given a hold rating and one has issued a strong buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $54.50.

Shares of Ameren Corporation (NYSE:AEE) traded down 0.06% during trading on Friday, hitting $61.52. The stock had a trading volume of 145,604 shares. The company has a market cap of $14.93 billion, a PE ratio of 22.96 and a beta of 0.36. The stock has a 50 day moving average of $59.46 and a 200 day moving average of $56.97. Ameren Corporation has a 12 month low of $46.97 and a 12 month high of $61.74.

Ameren Corporation (NYSE:AEE) last posted its earnings results on Friday, August 4th. The utilities provider reported $0.79 EPS for the quarter, topping analysts’ consensus estimates of $0.69 by $0.10. The company had revenue of $1.54 billion for the quarter, compared to the consensus estimate of $1.42 billion. Ameren Corporation had a return on equity of 9.57% and a net margin of 11.11%. The firm’s revenue for the quarter was up 7.8% on a year-over-year basis. During the same period in the previous year, the business earned $0.61 earnings per share. Equities analysts forecast that Ameren Corporation will post $2.80 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, December 29th. Investors of record on Wednesday, December 13th will be given a $0.4575 dividend. This is an increase from Ameren Corporation’s previous quarterly dividend of $0.44. This represents a $1.83 dividend on an annualized basis and a dividend yield of 2.97%. The ex-dividend date of this dividend is Tuesday, December 12th. Ameren Corporation’s payout ratio is currently 61.54%.

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Several other large investors have also added to or reduced their stakes in the business. Acropolis Investment Management LLC raised its holdings in shares of Ameren Corporation by 0.5% in the 2nd quarter. Acropolis Investment Management LLC now owns 2,406 shares of the utilities provider’s stock valued at $132,000 after acquiring an additional 11 shares in the last quarter. Conning Inc. increased its position in shares of Ameren Corporation by 0.3% during the 2nd quarter. Conning Inc. now owns 6,455 shares of the utilities provider’s stock valued at $353,000 after purchasing an additional 20 shares during the last quarter. ING Groep NV increased its position in shares of Ameren Corporation by 0.4% during the 2nd quarter. ING Groep NV now owns 12,426 shares of the utilities provider’s stock valued at $679,000 after purchasing an additional 45 shares during the last quarter. C M Bidwell & Associates Ltd. increased its position in shares of Ameren Corporation by 1.0% during the 2nd quarter. C M Bidwell & Associates Ltd. now owns 4,345 shares of the utilities provider’s stock valued at $238,000 after purchasing an additional 45 shares during the last quarter. Finally, Veritable L.P. increased its position in shares of Ameren Corporation by 0.3% during the 2nd quarter. Veritable L.P. now owns 18,393 shares of the utilities provider’s stock valued at $1,006,000 after purchasing an additional 52 shares during the last quarter. 69.78% of the stock is currently owned by hedge funds and other institutional investors.

AEE has been the topic of several recent research reports. BidaskClub upgraded Ameren Corporation from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 26th. Morgan Stanley reiterated an “equal weight” rating on shares of Ameren Corporation in a research report on Friday, September 8th. Goldman Sachs Group, Inc. (The) lowered Ameren Corporation from a “neutral” rating to a “sell” rating and set a $51.00 price objective on the stock. in a research report on Monday, June 26th. Zacks Investment Research lowered Ameren Corporation from a “hold” rating to a “sell” rating in a research report on Tuesday, October 10th. Finally, KeyCorp reiterated a “hold” rating on shares of Ameren Corporation in a research report on Friday. Two analysts have rated the stock with a sell rating, four have given a hold rating and one has issued a strong buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $54.50.

Shares of Ameren Corporation (NYSE:AEE) traded down 0.06% during trading on Friday, hitting $61.52. The stock had a trading volume of 145,604 shares. The company has a market cap of $14.93 billion, a PE ratio of 22.96 and a beta of 0.36. The stock has a 50 day moving average of $59.46 and a 200 day moving average of $56.97. Ameren Corporation has a 12 month low of $46.97 and a 12 month high of $61.74.

Ameren Corporation (NYSE:AEE) last posted its earnings results on Friday, August 4th. The utilities provider reported $0.79 EPS for the quarter, topping analysts’ consensus estimates of $0.69 by $0.10. The company had revenue of $1.54 billion for the quarter, compared to the consensus estimate of $1.42 billion. Ameren Corporation had a return on equity of 9.57% and a net margin of 11.11%. The firm’s revenue for the quarter was up 7.8% on a year-over-year basis. During the same period in the previous year, the business earned $0.61 earnings per share. Equities analysts forecast that Ameren Corporation will post $2.80 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, December 29th. Investors of record on Wednesday, December 13th will be given a $0.4575 dividend. This is an increase from Ameren Corporation’s previous quarterly dividend of $0.44. This represents a $1.83 dividend on an annualized basis and a dividend yield of 2.97%. The ex-dividend date of this dividend is Tuesday, December 12th. Ameren Corporation’s payout ratio is currently 61.54%.

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Ameren Corporation Profile

Ameren Corporation is a utility holding company. The Company’s subsidiaries include Ameren Missouri, Ameren Illinois and Ameren Transmission Company (ATXI). It operates through four segments. The Ameren Missouri segment includes all of the operations of Ameren Missouri. The Ameren Illinois Electric Distribution segment consists of the electric distribution business of Ameren Illinois.

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Institutional Ownership by Quarter for Ameren Corporation (NYSE:AEE)

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