Ameren Co. (NYSE:AEE) Shares Purchased by Coldstream Capital Management Inc.

Coldstream Capital Management Inc. increased its stake in Ameren Co. (NYSE:AEE) by 5.2% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,087 shares of the utilities provider’s stock after purchasing an additional 250 shares during the period. Coldstream Capital Management Inc.’s holdings in Ameren were worth $446,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of the stock. Metis Global Partners LLC lifted its stake in shares of Ameren by 1.5% during the third quarter. Metis Global Partners LLC now owns 8,513 shares of the utilities provider’s stock worth $745,000 after buying an additional 124 shares during the period. Kentucky Retirement Systems lifted its position in Ameren by 0.6% during the 2nd quarter. Kentucky Retirement Systems now owns 20,095 shares of the utilities provider’s stock worth $1,429,000 after acquiring an additional 126 shares during the period. NorthRock Partners LLC grew its stake in Ameren by 4.2% during the 3rd quarter. NorthRock Partners LLC now owns 3,107 shares of the utilities provider’s stock valued at $272,000 after purchasing an additional 126 shares during the last quarter. Meiji Yasuda Asset Management Co Ltd. increased its holdings in shares of Ameren by 1.4% in the second quarter. Meiji Yasuda Asset Management Co Ltd. now owns 9,803 shares of the utilities provider’s stock valued at $697,000 after purchasing an additional 135 shares during the period. Finally, Integrated Wealth Concepts LLC raised its stake in shares of Ameren by 1.7% in the third quarter. Integrated Wealth Concepts LLC now owns 9,110 shares of the utilities provider’s stock worth $797,000 after purchasing an additional 153 shares during the last quarter. Hedge funds and other institutional investors own 79.09% of the company’s stock.

Insider Buying and Selling

In other Ameren news, CFO Michael L. Moehn sold 6,500 shares of the stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of $92.15, for a total transaction of $598,975.00. Following the transaction, the chief financial officer now directly owns 205,171 shares of the company’s stock, valued at $18,906,507.65. This trade represents a 3.07 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.42% of the stock is owned by insiders.

Ameren Stock Performance

NYSE AEE opened at $89.84 on Friday. The company has a current ratio of 0.63, a quick ratio of 0.41 and a debt-to-equity ratio of 1.37. Ameren Co. has a twelve month low of $67.03 and a twelve month high of $95.69. The stock has a 50-day moving average of $89.88 and a 200 day moving average of $82.25. The stock has a market capitalization of $23.98 billion, a price-to-earnings ratio of 21.14, a PEG ratio of 2.95 and a beta of 0.48.

Ameren Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Wednesday, December 11th will be given a dividend of $0.67 per share. The ex-dividend date is Wednesday, December 11th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 2.98%. Ameren’s dividend payout ratio (DPR) is 63.06%.

Wall Street Analyst Weigh In

AEE has been the topic of a number of recent research reports. Jefferies Financial Group began coverage on Ameren in a research report on Thursday, September 19th. They issued a “buy” rating and a $97.00 target price on the stock. Morgan Stanley increased their price objective on shares of Ameren from $86.00 to $94.00 and gave the stock an “equal weight” rating in a research note on Friday. Bank of America boosted their target price on shares of Ameren from $86.00 to $87.00 and gave the company a “neutral” rating in a research report on Thursday, August 29th. Barclays increased their price target on Ameren from $77.00 to $88.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 15th. Finally, BMO Capital Markets boosted their price objective on Ameren from $93.00 to $98.00 and gave the company an “outperform” rating in a report on Thursday, December 5th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $89.89.

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.