Buyers Buy Giant Quantity of Name Choices on Ameren (NYSE:AEE)

Ameren Co. (NYSE:AEE – Get Ranking) was the goal of some uncommon choices buying and selling on Wednesday. Inventory merchants purchased 2,984 name choices on the corporate. This is a rise of two,268% in comparison with the typical every day quantity of 126 name choices.

Ameren Inventory Efficiency

Shares of AEE opened at $89.38 on Thursday. The corporate has a market cap of $23.11 billion, a PE ratio of twenty-two.40, a price-to-earnings-growth ratio of three.06 and a beta of 0.42. The corporate has a present ratio of 0.79, a fast ratio of 0.57 and a debt-to-equity ratio of 1.31. The inventory has a 50-day transferring common value of $85.40 and a 200-day transferring common value of $87.52. Ameren has a 12-month low of $73.28 and a 12-month excessive of $99.20.

Ameren (NYSE:AEE – Get Ranking) final launched its earnings outcomes on Thursday, November third. The utilities supplier reported $1.74 earnings per share for the quarter, topping analysts’ consensus estimates of $1.72 by $0.02. The corporate had income of $2.31 billion throughout the quarter, in comparison with the consensus estimate of $1.89 billion. Ameren had a return on fairness of 10.33% and a internet margin of 13.90%. Ameren’s quarterly income was up 27.3% in comparison with the identical quarter final yr. Throughout the identical quarter within the earlier yr, the corporate posted $1.65 EPS. As a gaggle, equities analysts forecast that Ameren will put up 4.07 earnings per share for the present fiscal yr.

Ameren Publicizes Dividend

The corporate additionally lately introduced a quarterly dividend, which shall be paid on Friday, December thirtieth. Buyers of file on Wednesday, December seventh shall be given a $0.59 dividend. The ex-dividend date of this dividend is Tuesday, December sixth. This represents a $2.36 dividend on an annualized foundation and a yield of two.64%. Ameren’s payout ratio is 59.15%.

Insider Exercise at Ameren

In different information, Chairman Warner L. Baxter offered 50,000 shares of the agency’s inventory in a transaction on Wednesday, December 14th. The inventory was offered at a median value of $90.32, for a complete transaction of $4,516,000.00. Following the completion of the sale, the chairman now straight owns 217,893 shares of the corporate’s inventory, valued at roughly $19,680,095.76. The sale was disclosed in a authorized submitting with the SEC, which is accessible at the SEC web site. 0.52% of the inventory is at the moment owned by insiders.

Hedge Funds Weigh In On Ameren

Numerous massive buyers have lately purchased and offered shares of the inventory. Vanguard Group Inc. elevated its stake in Ameren by 1.1% within the third quarter. Vanguard Group Inc. now owns 31,090,872 shares of the utilities supplier’s inventory value $2,504,369,000 after buying a further 343,773 shares throughout the interval. Value T Rowe Associates Inc. MD elevated its stake in Ameren by 1.9% within the 2nd quarter. Value T Rowe Associates Inc. MD now owns 21,076,973 shares of the utilities supplier’s inventory value $1,904,516,000 after buying a further 394,677 shares throughout the interval. BlackRock Inc. elevated its stake in Ameren by 0.6% within the third quarter. BlackRock Inc. now owns 18,625,960 shares of the utilities supplier’s inventory value $1,500,321,000 after buying a further 110,291 shares throughout the interval. State Avenue Corp elevated its stake in Ameren by 1.6% within the third quarter. State Avenue Corp now owns 14,313,574 shares of the utilities supplier’s inventory value $1,152,958,000 after buying a further 225,354 shares throughout the interval. Lastly, JPMorgan Chase & Co. elevated its stake in Ameren by 72.3% within the 2nd quarter. JPMorgan Chase & Co. now owns 8,018,951 shares of the utilities supplier’s inventory value $724,594,000 after buying a further 3,363,979 shares throughout the interval. 78.42% of the inventory is owned by hedge funds and different institutional buyers.

Analyst Upgrades and Downgrades

A number of equities analysis analysts have lately issued stories on AEE shares. StockNews.com assumed protection on Ameren in a analysis report on Wednesday, October twelfth. They set a “maintain” ranking for the corporate. Wells Fargo & Firm lifted their value goal on Ameren from $93.00 to $101.00 in a report on Wednesday, December 14th. BMO Capital Markets lifted their value goal on Ameren from $85.00 to $90.00 and gave the inventory an “outperform” ranking in a report on Monday, November seventh. Mizuho raised their goal value on Ameren from $92.00 to $98.00 and gave the inventory a “impartial” ranking in a analysis be aware on Monday, September twelfth. Lastly, JPMorgan Chase & Co. minimize their goal value on Ameren from $111.00 to $93.00 and set an “obese” ranking for the corporate in a analysis be aware on Tuesday, October 18th. 5 analysts have rated the inventory with a maintain ranking and 5 have issued a purchase ranking to the inventory. Based on MarketBeat, Ameren at the moment has a consensus ranking of “Average Purchase” and a median value goal of $95.10.

Ameren Firm Profile

(Get Ranking)

Ameren Company, along with its subsidiaries, operates as a public utility holding firm in america. It operates by means of 4 segments: Ameren Missouri, Ameren Illinois Electrical Distribution, Ameren Illinois Pure Gasoline, and Ameren Transmission. The corporate engages within the rate-regulated electrical technology, transmission, and distribution actions; and rate-regulated pure fuel distribution and transmission companies.

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