Michael L. Moehn Sells 6,500 Shares of Ameren Co. (NYSE:AEE) Stock

Ameren Co. (NYSE:AEE) CFO Michael L. Moehn sold 6,500 shares of the stock in a transaction that occurred on Wednesday, November 20th. The shares were sold at an average price of $92.15, for a total transaction of $598,975.00. Following the completion of the transaction, the chief financial officer now owns 205,171 shares of the company’s stock, valued at $18,906,507.65. This trade represents a 3.07 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Ameren Trading Down 0.2 %

NYSE AEE opened at $93.81 on Friday. The firm’s 50 day moving average price is $88.03 and its two-hundred day moving average price is $80.29. The company has a debt-to-equity ratio of 1.37, a quick ratio of 0.41 and a current ratio of 0.63. Ameren Co. has a twelve month low of $67.03 and a twelve month high of $94.46. The stock has a market cap of $25.04 billion, a price-to-earnings ratio of 22.07, a PEG ratio of 3.09 and a beta of 0.45.

Ameren Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Wednesday, December 11th will be issued a dividend of $0.67 per share. The ex-dividend date is Wednesday, December 11th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 2.86%. Ameren’s dividend payout ratio is 63.06%.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Bank of America lifted their price target on Ameren from $86.00 to $87.00 and gave the company a “neutral” rating in a research report on Thursday, August 29th. BMO Capital Markets lifted their target price on Ameren from $84.00 to $87.00 and gave the stock an “outperform” rating in a report on Tuesday, August 6th. Wells Fargo & Company upped their price target on shares of Ameren from $91.00 to $96.00 and gave the company an “overweight” rating in a report on Friday, September 20th. Argus raised shares of Ameren to a “strong-buy” rating in a research note on Thursday, September 19th. Finally, Jefferies Financial Group initiated coverage on shares of Ameren in a report on Thursday, September 19th. They issued a “buy” rating and a $97.00 target price on the stock. One research analyst has rated the stock with a sell rating, six have issued a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $87.90.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. Metis Global Partners LLC grew its stake in Ameren by 1.5% during the 3rd quarter. Metis Global Partners LLC now owns 8,513 shares of the utilities provider’s stock valued at $745,000 after acquiring an additional 124 shares in the last quarter. Kentucky Retirement Systems boosted its holdings in shares of Ameren by 0.6% during the second quarter. Kentucky Retirement Systems now owns 20,095 shares of the utilities provider’s stock worth $1,429,000 after purchasing an additional 126 shares during the period. NorthRock Partners LLC grew its position in Ameren by 4.2% during the third quarter. NorthRock Partners LLC now owns 3,107 shares of the utilities provider’s stock valued at $272,000 after purchasing an additional 126 shares in the last quarter. Meiji Yasuda Asset Management Co Ltd. increased its stake in Ameren by 1.4% in the 2nd quarter. Meiji Yasuda Asset Management Co Ltd. now owns 9,803 shares of the utilities provider’s stock valued at $697,000 after buying an additional 135 shares during the period. Finally, Integrated Wealth Concepts LLC lifted its position in Ameren by 1.7% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 9,110 shares of the utilities provider’s stock worth $797,000 after buying an additional 153 shares in the last quarter. 79.09% of the stock is owned by institutional investors and hedge funds.

About Ameren

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.