Ameren Co. (NYSE:AEE) Stock Holdings Decreased by International Assets Investment Management LLC

International Assets Investment Management LLC decreased its holdings in Ameren Co. (NYSE:AEE - Free Report) by 98.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 13,275 shares of the utilities provider's stock after selling 1,147,723 shares during the quarter. International Assets Investment Management LLC's holdings in Ameren were worth $1,181,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Jamison Private Wealth Management Inc. acquired a new stake in Ameren during the 3rd quarter worth $44,000. Cedar Mountain Advisors LLC acquired a new position in Ameren during the third quarter worth about $49,000. Brooklyn Investment Group acquired a new stake in Ameren during the 3rd quarter valued at $56,000. Strategic Investment Solutions Inc. IL purchased a new stake in Ameren during the 2nd quarter worth about $58,000. Finally, Wilmington Savings Fund Society FSB acquired a new position in shares of Ameren in the third quarter valued at approximately $74,000. Hedge funds and other institutional investors own 79.09% of the company's stock.

Wall Street Analyst Weigh In

AEE has been the topic of several recent analyst reports. Jefferies Financial Group assumed coverage on Ameren in a research report on Thursday, September 19th. They set a "buy" rating and a $97.00 target price on the stock. Morgan Stanley raised their price objective on Ameren from $86.00 to $94.00 and gave the company an "equal weight" rating in a research report on Friday, December 13th. Mizuho upgraded shares of Ameren from a "neutral" rating to an "outperform" rating and upped their target price for the company from $82.00 to $89.00 in a research note on Monday, September 16th. Barclays upped their target price on Ameren from $77.00 to $88.00 and gave the company an "overweight" rating in a research report on Tuesday, October 15th. Finally, Argus raised shares of Ameren to a "strong-buy" rating in a research report on Thursday, September 19th. One analyst has rated the stock with a sell rating, three have issued a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $89.89.

Insider Transactions at Ameren

In other news, CFO Michael L. Moehn sold 6,500 shares of Ameren stock in a transaction that occurred on Wednesday, November 20th. The shares were sold at an average price of $92.15, for a total value of $598,975.00. Following the transaction, the chief financial officer now owns 205,171 shares of the company's stock, valued at $18,906,507.65. The trade was a 3.07 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 0.42% of the company's stock.

Ameren Stock Performance

NYSE:AEE traded up $1.25 during mid-day trading on Thursday, hitting $89.21. The stock had a trading volume of 1,476,571 shares, compared to its average volume of 1,160,614. The company has a 50 day simple moving average of $90.48 and a 200-day simple moving average of $84.53. The company has a current ratio of 0.63, a quick ratio of 0.41 and a debt-to-equity ratio of 1.37. The stock has a market capitalization of $23.81 billion, a price-to-earnings ratio of 20.99, a P/E/G ratio of 2.95 and a beta of 0.48. Ameren Co. has a 52 week low of $67.03 and a 52 week high of $95.69.

Ameren Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Wednesday, December 11th were paid a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a dividend yield of 3.00%. The ex-dividend date of this dividend was Wednesday, December 11th. Ameren's dividend payout ratio is currently 63.06%.

Ameren Company Profile

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.