Ameren Corp (AEE) : Thomas White International Ltd scooped up 2,825 additional shares in Ameren Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 11, 2016. The investment management firm now holds a total of 33,092 shares of Ameren Corp which is valued at $1,689,347.Ameren Corp makes up approximately 0.24% of Thomas White International Ltd’s portfolio.
Other Hedge Funds, Including , Tiaa Cref Investment Management reduced its stake in AEE by selling 296,158 shares or 21.91% in the most recent quarter. The Hedge Fund company now holds 1,055,789 shares of AEE which is valued at $53,898,028. Ameren Corp makes up approx 0.04% of Tiaa Cref Investment Management’s portfolio. Convergence Investment Partners added AEE to its portfolio by purchasing 31,783 company shares during the most recent quarter which is valued at $1,622,522. Ameren Corp makes up approx 0.21% of Convergence Investment Partners’s portfolio.Diam Ltd. reduced its stake in AEE by selling 36,507 shares or 61.17% in the most recent quarter. The Hedge Fund company now holds 23,174 shares of AEE which is valued at $1,196,937. Ameren Corp makes up approx 0.02% of Diam Ltd.’s portfolio.
Ameren Corp closed down -0.23 points or -0.45% at $50.42 with 8,20,923 shares getting traded on Tuesday. Post opening the session at $50.74, the shares hit an intraday low of $50.42 and an intraday high of $51.08 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.
On the company’s financial health, Ameren Corp reported $0.58 EPS for the quarter, beating the analyst consensus estimate by $ 0.06 according to the earnings call on Aug 5, 2016. Analyst had a consensus of $0.52. The company had revenue of $1427.00 million for the quarter, compared to analysts expectations of $1452.82 million. The company’s revenue was up 1.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.58 EPS.
Investors should note that on Aug 12, 2016, Ameren Corp announced a cash dividend of $0.4250. The company’s management has announced Sep 6, 2016 as the ex-dividend date and fixed the record date on Sep 8, 2016. The payable date has been fixed on Sep 30, 2016.
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.