Exxonmobil Investment Management Inc Tx Lowers stake in Ameren Corp (AEE)

Ameren Corp (AEE) : Exxonmobil Investment Management Inc Tx reduced its stake in Ameren Corp by 1.36% during the most recent quarter end. The investment management company now holds a total of 61,953 shares of Ameren Corp which is valued at $2,938,431 after selling 853 shares in Ameren Corp , the firm said in a disclosure report filed with the SEC on Oct 7, 2016.Ameren Corp makes up approximately 0.06% of Exxonmobil Investment Management Inc Tx’s portfolio.

Other Hedge Funds, Including , Advisory Services Network added AEE to its portfolio by purchasing 190 company shares during the most recent quarter which is valued at $9,012.Acropolis Investment Management boosted its stake in AEE in the latest quarter, The investment management firm added 11 additional shares and now holds a total of 2,372 shares of Ameren Corp which is valued at $113,168. Ameren Corp makes up approx 0.02% of Acropolis Investment Management’s portfolio.Bnp Paribas Arbitrage Sa reduced its stake in AEE by selling 72,794 shares or 59.53% in the most recent quarter. The Hedge Fund company now holds 49,497 shares of AEE which is valued at $2,361,502. Ameren Corp makes up approx 0.01% of Bnp Paribas Arbitrage Sa’s portfolio.Chevy Chase Trust Holdings reduced its stake in AEE by selling 4,810 shares or 2.3% in the most recent quarter. The Hedge Fund company now holds 204,044 shares of AEE which is valued at $9,734,939. Ameren Corp makes up approx 0.05% of Chevy Chase Trust Holdings’s portfolio.Washington Trust Bank reduced its stake in AEE by selling 70 shares or 6.03% in the most recent quarter. The Hedge Fund company now holds 1,090 shares of AEE which is valued at $52,004. Ameren Corp makes up approx 0.01% of Washington Trust Bank’s portfolio.

Ameren Corp closed down -0.16 points or -0.34% at $47.43 with 14,72,373 shares getting traded on Friday. Post opening the session at $47.98, the shares hit an intraday low of $47.37 and an intraday high of $48.33 and the price fluctuated in this range throughout the day.Shares ended Friday 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.

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.

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