OMERS ADMINISTRATION Corp Has $950,000 Stock Holdings in Ameren Corporation $AEE

OMERS ADMINISTRATION Corp lessened its position in Ameren Corporation (NYSE:AEE) by 14.1% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 9,461 shares of the utilities provider’s stock after selling 1,550 shares during the quarter. OMERS ADMINISTRATION Corp’s holdings in Ameren were worth $950,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of AEE. Quarry LP acquired a new stake in Ameren in the 4th quarter valued at approximately $31,000. Beacon Pointe Advisors LLC raised its position in Ameren by 8.9% in the 4th quarter. Beacon Pointe Advisors LLC now owns 3,596 shares of the utilities provider’s stock valued at $321,000 after buying an additional 295 shares during the last quarter. AQR Capital Management LLC raised its position in Ameren by 8.6% in the 4th quarter. AQR Capital Management LLC now owns 91,598 shares of the utilities provider’s stock valued at $8,165,000 after buying an additional 7,218 shares during the last quarter. Schonfeld Strategic Advisors LLC raised its position in Ameren by 27.1% in the 4th quarter. Schonfeld Strategic Advisors LLC now owns 4,250 shares of the utilities provider’s stock valued at $379,000 after buying an additional 905 shares during the last quarter. Finally, Comerica Bank raised its position in Ameren by 1.3% in the 4th quarter. Comerica Bank now owns 64,406 shares of the utilities provider’s stock valued at $5,741,000 after buying an additional 835 shares during the last quarter. Institutional investors and hedge funds own 79.09% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on AEE. The Goldman Sachs Group upgraded Ameren from a “sell” rating to a “neutral” rating and raised their price target for the company from $91.00 to $100.00 in a research note on Wednesday, June 25th. Barclays decreased their price target on Ameren from $104.00 to $100.00 and set an “equal weight” rating for the company in a research note on Thursday, July 10th. KeyCorp set a $104.00 price target on Ameren and gave the company an “overweight” rating in a research note on Wednesday, July 16th. Wells Fargo & Company raised their price target on Ameren from $108.00 to $112.00 and gave the company an “overweight” rating in a research note on Wednesday, May 14th. Finally, BMO Capital Markets raised their price target on Ameren from $106.00 to $108.00 and gave the company an “outperform” rating in a research note on Monday, May 5th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $102.80.

Insider Transactions at Ameren

In related news, SVP Gwendolyn G. Mizell sold 1,000 shares of the business’s stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $101.79, for a total value of $101,790.00. Following the completion of the sale, the senior vice president directly owned 9,129 shares in the company, valued at $929,240.91. The trade was a 9.87% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 0.34% of the stock is owned by company insiders.

Ameren Stock Performance

Shares of NYSE AEE opened at $99.81 on Tuesday. The company has a current ratio of 0.80, a quick ratio of 0.56 and a debt-to-equity ratio of 1.51. Ameren Corporation has a 12 month low of $81.31 and a 12 month high of $104.10. The stock has a 50 day moving average of $99.04 and a 200-day moving average of $98.20. The company has a market capitalization of $26.99 billion, a P/E ratio of 21.94, a P/E/G ratio of 2.56 and a beta of 0.47.

Ameren (NYSE:AEE) last issued its earnings results on Thursday, July 31st. The utilities provider reported $1.01 EPS for the quarter, topping the consensus estimate of $1.00 by $0.01. Ameren had a return on equity of 10.38% and a net margin of 14.55%.The company had revenue of $2.22 billion during the quarter, compared to the consensus estimate of $1.82 billion. During the same period in the previous year, the company posted $0.97 EPS. The firm’s revenue for the quarter was up 31.2% compared to the same quarter last year. Ameren has set its FY 2025 guidance at 4.850-5.050 EPS. As a group, equities research analysts predict that Ameren Corporation will post 4.93 EPS for the current year.

Ameren Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Tuesday, September 9th will be paid a $0.71 dividend. The ex-dividend date is Tuesday, September 9th. This represents a $2.84 annualized dividend and a yield of 2.8%. Ameren’s payout ratio is 62.42%.

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.