Headlands Technologies LLC Makes New $153,000 Investment in Ameren Co. (NYSE:AEE)

Headlands Technologies LLC bought a new position in Ameren Co. (NYSE:AEEFree Report) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 2,040 shares of the utilities provider’s stock, valued at approximately $153,000.

Other large investors have also bought and sold shares of the company. Penserra Capital Management LLC purchased a new position in shares of Ameren in the first quarter valued at $25,000. Dark Forest Capital Management LP purchased a new position in Ameren during the first quarter worth about $27,000. Impact Partnership Wealth LLC purchased a new position in Ameren during the third quarter worth about $25,000. Janiczek Wealth Management LLC grew its position in Ameren by 218.2% during the third quarter. Janiczek Wealth Management LLC now owns 350 shares of the utilities provider’s stock worth $26,000 after buying an additional 240 shares in the last quarter. Finally, Kistler Tiffany Companies LLC purchased a new position in Ameren during the second quarter worth about $36,000. 77.77% of the stock is owned by hedge funds and other institutional investors.

Ameren Stock Up 1.1 %

Shares of NYSE:AEE opened at $68.70 on Monday. Ameren Co. has a 1 year low of $67.32 and a 1 year high of $91.18. The company has a market cap of $18.06 billion, a PE ratio of 15.61, a P/E/G ratio of 2.54 and a beta of 0.43. The company has a debt-to-equity ratio of 1.24, a current ratio of 0.52 and a quick ratio of 0.33. The stock’s 50-day moving average is $72.39 and its 200 day moving average is $76.29.

Ameren Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 29th. Investors of record on Wednesday, March 13th will be issued a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a yield of 3.90%. This is an increase from Ameren’s previous quarterly dividend of $0.63. Ameren’s payout ratio is currently 57.27%.

Analyst Ratings Changes

AEE has been the subject of several recent analyst reports. KeyCorp cut Ameren from an “overweight” rating to a “sector weight” rating in a research report on Friday, December 15th. Barclays boosted their target price on Ameren from $71.00 to $72.00 and gave the stock an “equal weight” rating in a research report on Wednesday, January 17th. Bank of America lowered Ameren from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $82.00 to $77.00 in a research note on Thursday, January 4th. Morgan Stanley lifted their price target on Ameren from $80.00 to $82.00 and gave the stock an “equal weight” rating in a research note on Tuesday, November 21st. Finally, Evercore ISI lowered Ameren from an “outperform” rating to an “in-line” rating in a research note on Friday, December 15th. Eight investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat.com, Ameren currently has a consensus rating of “Hold” and a consensus target price of $82.33.

Get Our Latest Stock Analysis on Ameren

Insider Activity at Ameren

In related news, CFO Michael L. Moehn sold 3,244 shares of the business’s stock in a transaction dated Wednesday, November 15th. The stock was sold at an average price of $77.28, for a total transaction of $250,696.32. Following the transaction, the chief financial officer now owns 198,937 shares in the company, valued at approximately $15,373,851.36. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other Ameren news, CFO Michael L. Moehn sold 3,244 shares of the company’s stock in a transaction that occurred on Wednesday, November 15th. The stock was sold at an average price of $77.28, for a total transaction of $250,696.32. Following the transaction, the chief financial officer now owns 198,937 shares in the company, valued at approximately $15,373,851.36. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Rafael Flores sold 1,500 shares of the company’s stock in a transaction that occurred on Wednesday, November 29th. The stock was sold at an average price of $77.65, for a total value of $116,475.00. Following the transaction, the director now owns 13,007 shares in the company, valued at approximately $1,009,993.55. The disclosure for this sale can be found here. 0.42% of the stock is owned by company insiders.

Ameren Profile

(Free Report)

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 and transmission businesses.

Further Reading

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Institutional Ownership by Quarter for Ameren (NYSE:AEE)

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