November 28, 2016 - By Ruchi Gupta
Michael Moehn is the shareholder of Ameren Corp. He not a long ago unloaded 7,500 shares in the Pinksheet-listed Ameren Corp with the sale value amounting to nearly $367,875 U.S. Dollars. This is according to the SEC provided price of $49.1 of a share. The date was November 28, 2016 when Michael executed the trade, and it was made public in a Form 4 with the SEC, ready for use on this website. Michael Moehn currently owns 41,719 shares or 0.02% of Ameren Corp’s market cap.
Out of 5 analysts covering Ameren (NYSE:AEE), 2 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 40% are positive. $55 is the highest target while $45 is the lowest. The $48.75 average target is -4.56% below today’s ($51.08) stock price. Ameren has been the topic of 11 analyst reports since July 28, 2015 according to StockzIntelligence Inc. The company was maintained on Monday, August 24 by Argus Research. The stock of Ameren Corp (NYSE:AEE) has “Overweight” rating given on Monday, May 16 by Barclays Capital. The company was maintained on Wednesday, October 19 by UBS. The company was downgraded on Monday, April 4 by Argus Research. Zacks upgraded Ameren Corp (NYSE:AEE) on Tuesday, August 25 to “Hold” rating. Goldman Sachs upgraded the shares of AEE in a report on Tuesday, July 28 to “Neutral” rating. As per Monday, August 3, the company rating was upgraded by Wolfe Research. Barclays Capital upgraded it to “Overweight” rating and $55 target price in Monday, April 4 report.
Insitutional Activity: The institutional sentiment decreased to 1.06 in Q2 2016. Its down 0.21, from 1.27 in 2016Q1. The ratio worsened, as 34 funds sold all Ameren Corp shares owned while 125 reduced positions. 34 funds bought stakes while 168 increased positions. They now own 159.99 million shares or 4.84% less from 168.13 million shares in 2016Q1.
Meritage Mgmt last reported 0.75% of its portfolio in the stock. Veritable L P accumulated 14,109 shares or 0.02% of the stock. Fjarde Ap accumulated 55,083 shares or 0.07% of the stock. State Common Retirement Fund accumulated 0.04% or 556,300 shares. Cypress Mgmt Limited Liability Corp (Wy) holds 0% of its portfolio in Ameren Corp (NYSE:AEE) for 225 shares. Dai Ichi Life Insurance Limited holds 46,588 shares or 0.08% of its portfolio. Hexavest last reported 0.43% of its portfolio in the stock. Franklin holds 0.02% of its portfolio in Ameren Corp (NYSE:AEE) for 600,250 shares. Utd Capital Finance Advisers Ltd Company has 0.01% invested in the company for 9,241 shares. Victory Mngmt owns 73,637 shares or 0.02% of their US portfolio. Rothschild Investment Il holds 0.1% or 15,133 shares in its portfolio. Guggenheim Cap Ltd last reported 1.16 million shares in the company. Ftb Inc accumulated 2,597 shares or 0.02% of the stock. Panagora Asset Management owns 502,057 shares or 0.13% of their US portfolio. Sandy Spring Bank & Trust owns 250 shares or 0% of their US portfolio.
Insider Transactions: Since June 9, 2016, the stock had 0 insider purchases, and 3 sales for $2.18 million net activity. Steinke Bruce A sold $152,460 worth of Ameren Corp (NYSE:AEE) on Thursday, August 11. Lindgren Mark C had sold 3,500 shares worth $176,190 on Thursday, June 9. $1.85M worth of shares were sold by GALVIN WALTER J on Wednesday, September 7.
The stock increased 2.18% or $1.09 during the last trading session, hitting $51.08. About 1.82 million shares traded hands or 23.81% up from the average. Ameren Corp (NYSE:AEE) has risen 6.43% since April 25, 2016 and is uptrending. It has outperformed by 0.42% the S&P500.
Ameren Corporation is a public utility holding company. The company has a market cap of $12.63 billion. Ameren’s primary assets are its equity interests in its subsidiaries, including Union Electric Company (doing business as Ameren Missouri) and Ameren Illinois Company (Ameren Illinois). It has a 19.05 P/E ratio. Ameren operates through two divisions: Ameren Missouri and Ameren Illinois.
According to Zacks Investment Research, “Ameren Corporation companies provide energy services customers in Missouri and Illinois. AmerenUE, one of its subsidiaries, is the one of the largest electric utilities in Missouri and distributors of natural gas. AmerenCIPS, another subsidiary, is both an electric and natural gas utility and serves one of the largest geographic areas of Illinois-based utility companies. (Company Press Release)”
Analysts await Ameren Corp (NYSE:AEE) to report earnings on February, 17. They expect $0.16 earnings per share, up 33.33% or $0.04 from last year’s $0.12 per share. AEE’s profit will be $39.56 million for 79.81 P/E if the $0.16 EPS becomes a reality. After $1.52 actual earnings per share reported by Ameren Corp for the previous quarter, Wall Street now forecasts -89.47% negative EPS growth.
More recent Ameren Corp (NYSE:AEE) news were published by: Herald-Review.com which released: “Hot weather means hot profits for Ameren Corp” on November 08, 2016. Also Prnewswire.com published the news titled: “Ameren (NYSE: AEE) Announces Third Quarter 2016 Results and Raises 2016 ..” on November 04, 2016. Zacks.com‘s news article titled: “Ameren Corp (AEE) Q3 Earnings: Stock to Beat Estimates?” with publication date: November 02, 2016 was also an interesting one.
Ameren Corporation (Ameren), incorporated on August 7, 1995, is a public utility holding company. Ameren’s primary assets are its equity interests in its subsidiaries, including Union Electric Company (doing business as Ameren Missouri) and Ameren Illinois Company (Ameren Illinois). Ameren operates through two divisions: Ameren Missouri and Ameren Illinois. Ameren Missouri and Ameren Illinois each have one segment. The Ameren Missouri segment for both Ameren and Ameren Missouri includes all the activities of Ameren Missouri. The Ameren Illinois segment for both Ameren and Ameren Illinois consists of all of the activities of Ameren Illinois. Ameren’s subsidiaries are separate, independent legal entities with separate businesses, assets, and liabilities. Ameren Missouri operates a rate-regulated electric generation, transmission, and distribution business and a rate-regulated natural gas transmission and distribution business in Missouri. Ameren Illinois operates rate-regulated electric and natural gas transmission and distribution businesses in Illinois.
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By Ruchi Gupta