Securian Asset Management Inc grew its stake in shares of Ameren Corp (NYSE:AEE) by 2.9% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 25,234 shares of the utilities provider’s stock after purchasing an additional 701 shares during the period. Securian Asset Management Inc’s holdings in Ameren were worth $1,646,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. V Wealth Advisors LLC raised its stake in shares of Ameren by 4.7% during the 4th quarter. V Wealth Advisors LLC now owns 3,330 shares of the utilities provider’s stock worth $216,000 after buying an additional 150 shares during the last quarter. HCR Wealth Advisors raised its stake in Ameren by 1.9% in the 4th quarter. HCR Wealth Advisors now owns 8,417 shares of the utilities provider’s stock valued at $549,000 after purchasing an additional 154 shares during the last quarter. Dupont Capital Management Corp raised its stake in Ameren by 5.6% in the 4th quarter. Dupont Capital Management Corp now owns 3,119 shares of the utilities provider’s stock valued at $203,000 after purchasing an additional 166 shares during the last quarter. Benjamin F. Edwards & Company Inc. raised its stake in Ameren by 11.6% in the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 2,182 shares of the utilities provider’s stock valued at $142,000 after purchasing an additional 227 shares during the last quarter. Finally, Lourd Capital LLC raised its stake in Ameren by 6.4% in the 4th quarter. Lourd Capital LLC now owns 3,845 shares of the utilities provider’s stock valued at $251,000 after purchasing an additional 230 shares during the last quarter. Institutional investors own 72.90% of the company’s stock.

In other news, insider Michael L. Moehn sold 8,000 shares of the company’s stock in a transaction dated Thursday, November 15th. The shares were sold at an average price of $69.00, for a total transaction of $552,000.00. Following the completion of the transaction, the insider now owns 80,567 shares of the company’s stock, valued at approximately $5,559,123. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, SVP Gregory L. Nelson sold 10,000 shares of the company’s stock in a transaction dated Thursday, November 15th. The shares were sold at an average price of $69.00, for a total transaction of $690,000.00. Following the transaction, the senior vice president now directly owns 46,095 shares of the company’s stock, valued at approximately $3,180,555. The disclosure for this sale can be found here. Corporate insiders own 0.44% of the company’s stock.

NYSE AEE opened at $70.47 on Monday. Ameren Corp has a 12 month low of $53.05 and a 12 month high of $70.95. The company has a debt-to-equity ratio of 0.98, a current ratio of 0.64 and a quick ratio of 0.43. The stock has a market cap of $17.22 billion, a PE ratio of 24.90, a P/E/G ratio of 3.16 and a beta of 0.31.

Several research analysts recently weighed in on the stock. ValuEngine raised shares of Ameren from a “hold” rating to a “buy” rating in a research note on Monday, November 12th. Barclays boosted their target price on shares of Ameren from $63.00 to $65.00 and gave the company a “hold” rating in a research note on Thursday, November 1st. Wolfe Research downgraded shares of Ameren from an “outperform” rating to a “hold” rating in a research note on Friday, October 26th. Finally, UBS Group downgraded shares of Ameren from a “buy” rating to a “neutral” rating and set a $71.00 target price for the company. in a research note on Thursday, November 29th. Six analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $66.38.

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Ameren Company Profile

Ameren Corporation operates as a public utility holding company in the United States. It operates through four segments: Ameren Missouri, Ameren Illinois Electric Distribution, Ameren Illinois Natural Gas, and Ameren Transmission. The company engages in the rate-regulated electric generation, transmission, and distribution activities; and rate-regulated natural gas distribution and transmission businesses.

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Institutional Ownership by Quarter for Ameren (NYSE:AEE)

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