TI Trust Inc. Buys 250 Shares of Ameren Co. (NYSE:AEE)

TI Trust Inc. increased its stake in Ameren Co. (NYSE:AEE) by 2.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,516 shares of the utilities provider’s stock after purchasing an additional 250 shares during the period. TI Trust Inc.’s holdings in Ameren were worth $1,027,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Jamison Private Wealth Management Inc. bought a new stake in shares of Ameren during the third quarter worth $44,000. ST Germain D J Co. Inc. increased its position in Ameren by 134.5% in the fourth quarter. ST Germain D J Co. Inc. now owns 544 shares of the utilities provider’s stock worth $48,000 after purchasing an additional 312 shares during the period. Cedar Mountain Advisors LLC bought a new stake in Ameren during the 3rd quarter worth about $49,000. Brooklyn Investment Group acquired a new position in Ameren during the 3rd quarter valued at about $56,000. Finally, Strategic Investment Solutions Inc. IL bought a new position in shares of Ameren in the 2nd quarter valued at about $58,000. Institutional investors and hedge funds own 79.09% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. BMO Capital Markets boosted their price target on shares of Ameren from $93.00 to $98.00 and gave the stock an “outperform” rating in a research note on Thursday, December 5th. Evercore ISI upgraded shares of Ameren from an “in-line” rating to an “outperform” rating and upped their target price for the company from $89.00 to $104.00 in a research report on Tuesday, January 21st. Barclays raised 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, Morgan Stanley upped their price objective on Ameren from $86.00 to $94.00 and gave the company an “equal weight” rating in a report on Friday, December 13th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $91.30.

Ameren Stock Up 0.9 %

Shares of Ameren stock opened at $94.20 on Monday. Ameren Co. has a 1 year low of $67.03 and a 1 year high of $96.74. The company has a debt-to-equity ratio of 1.37, a current ratio of 0.63 and a quick ratio of 0.41. The company has a market capitalization of $25.14 billion, a P/E ratio of 22.16, a price-to-earnings-growth ratio of 2.88 and a beta of 0.48. The business has a 50-day moving average of $91.21 and a two-hundred day moving average of $86.29.

Insider Buying and Selling

In other news, CFO Michael L. Moehn sold 6,500 shares of the company’s stock in a transaction that occurred on Wednesday, November 20th. The shares were sold at an average price of $92.15, for a total value of $598,975.00. Following the completion of the transaction, the chief financial officer now owns 205,171 shares in the company, valued at $18,906,507.65. This represents a 3.07 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.42% of the stock is owned by company insiders.

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.