Ameren Corp (AEE) : Krilogy Financial reduced its stake in Ameren Corp by 1.22% during the most recent quarter end. The investment management company now holds a total of 13,081 shares of Ameren Corp which is valued at $628,804 after selling 161 shares in Ameren Corp , the firm said in a disclosure report filed with the SEC on May 13, 2016.Ameren Corp makes up approximately 0.26% of Krilogy Financial’s portfolio.
Other Hedge Funds, Including , Schroder Investment Management Group boosted its stake in AEE in the latest quarter, The investment management firm added 9,496 additional shares and now holds a total of 24,273 shares of Ameren Corp which is valued at $1.2 Million.Liberty Mutual Group Asset Management boosted its stake in AEE in the latest quarter, The investment management firm added 2,394 additional shares and now holds a total of 16,626 shares of Ameren Corp which is valued at $801,207. Ameren Corp makes up approx 0.03% of Liberty Mutual Group Asset Management’s portfolio.
Ameren Corp closed down -0.13 points or -0.28% at $47.11 with 11,51,183 shares getting traded on Wednesday. Post opening the session at $47.07, the shares hit an intraday low of $46.86 and an intraday high of $47.32 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
On the company’s financial health, Ameren Corp reported $0.43 EPS for the quarter, beating the analyst consensus estimate by $ 0.06 according to the earnings call on May 10, 2016. Analyst had a consensus of $0.37. The company had revenue of $1434.00 million for the quarter, compared to analysts expectations of $1510.22 million. The company’s revenue was down -7.8 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.45 EPS.
Investors should note that on Apr 29, 2016, Ameren Corp announced a cash dividend of $0.4250. The company’s management has announced Jun 6, 2016 as the ex-dividend date and fixed the record date on Jun 8, 2016. The payable date has been fixed on Jun 30, 2016.
Many Wall Street Analysts have commented on Ameren Corp. Company shares were Upgraded by Barclays on Apr 4, 2016 to ” Overweight”, Firm has raised the Price Target to $ 55 from a previous price target of $46 .Company shares were Reiterated by Barclays on Feb 22, 2016 to “Equal Weight”, Firm has raised the Price Target to $ 46 from a previous price target of $45 .
Ameren Corporation (Ameren) is a utility holding company. The Company operates in two segments: Ameren Missouri and Ameren Illinois. The Company’s subsidiaries include Ameren Missouri and Ameren Illinois. Ameren also has a subsidiary ATXI that operates a FERC rate-regulated electric transmission business. Ameren Missouri operates a rate-regulated electric generation transmission and distribution business and a rate-regulated natural gas transmission and distribution business in Missouri. It supplies electric and natural gas service to a 24000-square-mile area in central and eastern Missouri. Ameren Illinois operates rate-regulated electric and natural gas transmission and distribution businesses in Illinois. Ameren Illinois supplies electric and natural gas utility service to portions of central and southern Illinois in an area of 40000 square miles.