BT Investment Management Ltd acquired a new position in shares of Ameren Corporation (NYSE:AEE) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 19,317 shares of the utilities provider’s stock, valued at approximately $1,056,000.

Other institutional investors also recently bought and sold shares of the company. Acropolis Investment Management LLC increased its holdings in Ameren Corporation by 0.5% in the second quarter. Acropolis Investment Management LLC now owns 2,406 shares of the utilities provider’s stock valued at $132,000 after buying an additional 11 shares during the last quarter. Conning Inc. increased its holdings in Ameren Corporation by 0.3% in the second quarter. Conning Inc. now owns 6,455 shares of the utilities provider’s stock valued at $353,000 after buying an additional 20 shares during the last quarter. Cleararc Capital Inc. increased its holdings in Ameren Corporation by 0.5% in the first quarter. Cleararc Capital Inc. now owns 5,944 shares of the utilities provider’s stock valued at $324,000 after buying an additional 31 shares during the last quarter. ING Groep NV increased its holdings in Ameren Corporation by 0.4% in the second quarter. ING Groep NV now owns 12,426 shares of the utilities provider’s stock valued at $679,000 after buying an additional 45 shares during the last quarter. Finally, Benjamin F. Edwards & Company Inc. increased its holdings in Ameren Corporation by 2.4% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 2,408 shares of the utilities provider’s stock valued at $132,000 after buying an additional 56 shares during the last quarter. 69.80% of the stock is currently owned by institutional investors and hedge funds.

Ameren Corporation (NYSE:AEE) opened at 59.25 on Wednesday. Ameren Corporation has a one year low of $46.84 and a one year high of $60.91. The firm’s 50 day moving average price is $59.17 and its 200 day moving average price is $56.30. The stock has a market cap of $14.38 billion, a price-to-earnings ratio of 20.74 and a beta of 0.37.

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

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Wednesday, September 13th will be issued a $0.44 dividend. The ex-dividend date is Tuesday, September 12th. This represents a $1.76 dividend on an annualized basis and a yield of 2.97%. Ameren Corporation’s dividend payout ratio is currently 61.54%.

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Several research firms recently commented on AEE. BidaskClub raised Ameren Corporation from a “hold” rating to a “buy” rating in a report on Friday, August 11th. Morgan Stanley reissued an “equal weight” rating on shares of Ameren Corporation in a report on Friday, September 8th. Zacks Investment Research lowered Ameren Corporation from a “buy” rating to a “hold” rating in a report on Monday, September 11th. Barclays PLC lowered Ameren Corporation from an “overweight” rating to an “equal weight” rating and dropped their target price for the company from $60.00 to $58.00 in a report on Thursday, May 25th. Finally, Goldman Sachs Group, Inc. (The) lowered Ameren Corporation from a “neutral” rating to a “sell” rating and set a $51.00 target price on the stock. in a report on Monday, June 26th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and one has assigned a strong buy rating to the stock. Ameren Corporation presently has a consensus rating of “Hold” and a consensus price target of $55.20.

Ameren Corporation Company 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.

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

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