Today’s Market Runner: Ameren Corp (NYSE:AEE) Institutional Investor Positioning

November 28, 2016 - By Dolores Ford   ·   0 Comments

Today's Market Runner: Ameren Corp (NYSE:AEE) Institutional Investor Positioning

Sentiment for Ameren Corp (NYSE:AEE)

Ameren Corp (NYSE:AEE) institutional sentiment decreased to 1.06 in 2016 Q2. Its down -0.21, from 1.27 in 2016Q1. The ratio is negative, as 202 funds increased or started new positions, while 159 sold and reduced positions in Ameren Corp. The funds in our partner’s database now own: 159.99 million shares, down from 168.13 million shares in 2016Q1. Also, the number of funds holding Ameren Corp in their top 10 positions increased from 1 to 2 for an increase of 1. Sold All: 34 Reduced: 125 Increased: 168 New Position: 34.

Ameren Corporation is a public utility holding company. The company has a market cap of $12.60 billion. Ameren’s primary assets are its equity interests in its subsidiaries, including Union Electric Company (doing business as Ameren Missouri) and Ameren Illinois Company (Ameren Illinois). It has a 19.01 P/E ratio. Ameren operates through two divisions: Ameren Missouri and Ameren Illinois.

About 688,884 shares traded hands. Ameren Corp (NYSE:AEE) has risen 6.43% since April 25, 2016 and is uptrending. It has outperformed by 0.42% the S&P500.

Analysts await Ameren Corp (NYSE:AEE) to report earnings on February, 17. They expect $0.16 EPS, up 33.33% or $0.04 from last year’s $0.12 per share. AEE’s profit will be $39.56 million for 79.63 P/E if the $0.16 EPS becomes a reality. After $1.52 actual EPS reported by Ameren Corp for the previous quarter, Wall Street now forecasts -89.47% negative EPS growth.

According to Zacks Investment Research, “Ameren Corporation companies provide energy services customers in Missouri and Illinois. AmerenUE, one of its subsidiaries, is the one of the largest electric utilities in Missouri and distributors of natural gas. AmerenCIPS, another subsidiary, is both an electric and natural gas utility and serves one of the largest geographic areas of Illinois-based utility companies. (Company Press Release)”

Rare Infrastructure Ltd holds 5.29% of its portfolio in Ameren Corp for 2.20 million shares. Electron Capital Partners Llc owns 310,053 shares or 4.1% of their US portfolio. Moreover, Duff & Phelps Investment Management Co has 1.44% invested in the company for 1.80 million shares. The California-based Churchill Management Corp has invested 1.33% in the stock. Archford Capital Strategies Llc, a Illinois-based fund reported 43,780 shares.#img1#

Insider Transactions: Since January 1, 0001, the stock had 0 buys, and 3 insider sales for $2.18 million net activity.

Ameren Corp (NYSE:AEE) Ratings Coverage

Ratings analysis reveals 40% of Ameren’s analysts are positive. Out of 5 Wall Street analysts rating Ameren, 2 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. The lowest target is $45 while the high is $55. The stock’s average target of $48.75 is -4.34% below today’s ($50.96) share price. AEE was included in 11 notes of analysts from July 28, 2015. Argus Research downgraded Ameren Corp (NYSE:AEE) on Monday, April 4 to “Hold” rating. Argus Research maintained it with “Buy” rating and $49 target price in Monday, August 24 report. The firm earned “Hold” rating on Tuesday, August 25 by Zacks. The rating was maintained by UBS on Wednesday, October 19 with “Neutral”. Barclays Capital maintained it with “Overweight” rating and $52 target price in Monday, May 16 report. The company was upgraded on Tuesday, July 28 by Goldman Sachs. The firm has “Outperform” rating by Wolfe Research given on Monday, August 3. The firm has “Overweight” rating given on Monday, April 4 by Barclays Capital.

AEE Company Profile

Ameren Corporation (Ameren), incorporated on August 7, 1995, is a public utility holding company. Ameren’s primary assets are its equity interests in its subsidiaries, including Union Electric Company (doing business as Ameren Missouri) and Ameren Illinois Company (Ameren Illinois). Ameren operates through two divisions: Ameren Missouri and Ameren Illinois. Ameren Missouri and Ameren Illinois each have one segment. The Ameren Missouri segment for both Ameren and Ameren Missouri includes all the activities of Ameren Missouri. The Ameren Illinois segment for both Ameren and Ameren Illinois consists of all of the activities of Ameren Illinois. Ameren’s subsidiaries are separate, independent legal entities with separate businesses, assets, and liabilities. Ameren Missouri operates a rate-regulated electric generation, transmission, and distribution business and a rate-regulated natural gas transmission and distribution business in Missouri. Ameren Illinois operates rate-regulated electric and natural gas transmission and distribution businesses in Illinois.

More recent Ameren Corp (NYSE:AEE) news were published by: Herald-Review.com which released: “Hot weather means hot profits for Ameren Corp” on November 08, 2016. Also Prnewswire.com published the news titled: “Ameren (NYSE: AEE) Announces Third Quarter 2016 Results and Raises 2016 …” on November 04, 2016. Zacks.com‘s news article titled: “Ameren Corp (AEE) Q3 Earnings: Stock to Beat Estimates?” with publication date: November 02, 2016 was also an interesting one.

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By Dolores Ford

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