Buyers Purchase Giant Quantity of Name Choices on Ameren (NYSE:AEE)

Ameren Co. (NYSE:AEE – Get Score) noticed unusually massive choices buying and selling on Wednesday. Merchants purchased 2,984 name choices on the corporate. This is a rise of two,268% in comparison with the typical quantity of 126 name choices.

Hedge Funds Weigh In On Ameren

A lot of hedge funds have just lately added to or lowered their stakes within the firm. JPMorgan Chase & Co. lifted its holdings in shares of Ameren by 493.3% through the first quarter. JPMorgan Chase & Co. now owns 4,654,972 shares of the utilities supplier’s inventory valued at $436,452,000 after buying an extra 3,870,393 shares within the final quarter. Caisse DE Depot ET Placement DU Quebec lifted its stake in Ameren by 11,937.4% through the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,576,895 shares of the utilities supplier’s inventory valued at $127,019,000 after buying an extra 1,563,795 shares through the interval. State Road Corp boosted its holdings in shares of Ameren by 8.0% through the 1st quarter. State Road Corp now owns 13,889,994 shares of the utilities supplier’s inventory valued at $1,302,326,000 after buying an extra 1,029,187 shares over the last quarter. Massachusetts Monetary Companies Co. MA grew its stake in shares of Ameren by 46.5% within the first quarter. Massachusetts Monetary Companies Co. MA now owns 2,397,635 shares of the utilities supplier’s inventory price $224,803,000 after buying an extra 761,460 shares through the interval. Lastly, Vanguard Group Inc. raised its holdings in shares of Ameren by 2.3% through the first quarter. Vanguard Group Inc. now owns 29,978,760 shares of the utilities supplier’s inventory valued at $2,810,808,000 after buying an extra 681,658 shares over the last quarter. 77.98% of the inventory is at present owned by hedge funds and different institutional buyers.

Analyst Upgrades and Downgrades

A lot of analysts have weighed in on the inventory. BMO Capital Markets elevated their goal value on shares of Ameren from $85.00 to $90.00 and gave the corporate an “outperform” ranking in a analysis report on Monday, November seventh. Mizuho boosted their goal value on shares of Ameren from $92.00 to $98.00 and gave the corporate a “impartial” ranking in a report on Monday, September twelfth. Morgan Stanley elevated their value goal on Ameren from $80.00 to $86.00 and gave the inventory an “equal weight” ranking in a report on Friday, November eleventh. StockNews.com began protection on shares of Ameren in a analysis report on Wednesday, October twelfth. They set a “maintain” ranking for the corporate. Lastly, JPMorgan Chase & Co. reduce their goal value on Ameren from $111.00 to $93.00 and set an “chubby” ranking on the inventory in a report on Tuesday, October 18th. 5 analysts have rated the inventory with a maintain ranking and 5 have assigned a purchase ranking to the corporate’s inventory. In response to information from MarketBeat.com, Ameren at present has a median ranking of “Average Purchase” and a median value goal of $94.50.

Ameren Inventory Efficiency

Shares of AEE inventory opened at $89.79 on Thursday. Ameren has a 52 week low of $73.28 and a 52 week excessive of $99.20. The agency’s 50-day easy transferring common is $83.19 and its two-hundred day easy transferring common is $87.84. The agency has a market cap of $23.21 billion, a price-to-earnings ratio of twenty-two.50, a P/E/G ratio of three.01 and a beta of 0.42. The corporate has a debt-to-equity ratio of 1.31, a fast ratio of 0.57 and a present ratio of 0.79.

Ameren (NYSE:AEE – Get Score) final posted its earnings outcomes on Thursday, November third. The utilities supplier reported $1.74 EPS for the quarter, topping the consensus estimate of $1.72 by $0.02. Ameren had a return on fairness of 10.33% and a internet margin of 13.90%. The enterprise had income of $2.31 billion through the quarter, in comparison with analysts’ expectations of $1.89 billion. Throughout the identical interval within the earlier yr, the enterprise earned $1.65 earnings per share. The agency’s income was up 27.3% on a year-over-year foundation. As a gaggle, equities analysts forecast that Ameren will put up 4.09 earnings per share for the present yr.

Ameren Dividend Announcement

The agency additionally just lately introduced a quarterly dividend, which will likely be paid on Friday, December thirtieth. Stockholders of file on Wednesday, December seventh will likely be issued a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized foundation and a dividend yield of two.63%. The ex-dividend date is Tuesday, December sixth. Ameren’s dividend payout ratio (DPR) is presently 59.15%.

About Ameren

(Get Score)

Ameren Company, along with its subsidiaries, operates as a public utility holding firm in the US. It operates by way of 4 segments: Ameren Missouri, Ameren Illinois Electrical Distribution, Ameren Illinois Pure Fuel, and Ameren Transmission. The corporate engages within the rate-regulated electrical technology, transmission, and distribution actions; and rate-regulated pure gasoline distribution and transmission companies.

Additional Studying

This prompt information alert was generated by narrative science know-how and monetary information from MarketBeat in an effort to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial group previous to publication. Please ship any questions or feedback about this story to [email protected].

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