1,625 Shares in Ameren Co. (NYSE:AEE) Bought by Crews Bank & Trust

Crews Bank & Trust purchased a new stake in Ameren Co. (NYSE:AEE) during the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 1,625 shares of the utilities provider’s stock, valued at approximately $145,000.

A number of other institutional investors have also recently made changes to their positions in AEE. Forsta AP Fonden boosted its holdings in Ameren by 1.9% in the fourth quarter. Forsta AP Fonden now owns 43,500 shares of the utilities provider’s stock valued at $3,878,000 after acquiring an additional 800 shares during the last quarter. Pacer Advisors Inc. lifted its position in shares of Ameren by 13.1% in the 4th quarter. Pacer Advisors Inc. now owns 22,208 shares of the utilities provider’s stock worth $1,980,000 after purchasing an additional 2,576 shares during the period. KBC Group NV lifted its position in shares of Ameren by 26.1% in the 4th quarter. KBC Group NV now owns 22,630 shares of the utilities provider’s stock worth $2,017,000 after purchasing an additional 4,685 shares during the period. Blue Trust Inc. boosted its stake in shares of Ameren by 51.3% in the 4th quarter. Blue Trust Inc. now owns 5,161 shares of the utilities provider’s stock valued at $451,000 after purchasing an additional 1,751 shares during the last quarter. Finally, PFG Investments LLC bought a new position in Ameren during the fourth quarter worth $252,000. Institutional investors own 79.09% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on AEE shares. Evercore ISI upgraded Ameren from an “in-line” rating to an “outperform” rating and increased their price target for the stock from $89.00 to $104.00 in a report on Tuesday, January 21st. Barclays cut Ameren from an “overweight” rating to an “equal weight” rating and raised their target price for the stock from $88.00 to $95.00 in a research note on Monday, January 27th. BMO Capital Markets boosted their price target on Ameren from $93.00 to $98.00 and gave the company an “outperform” rating in a research note on Thursday, December 5th. Finally, Morgan Stanley raised their price objective on shares of Ameren from $86.00 to $94.00 and gave the stock an “equal weight” rating in a research report on Friday, December 13th. One analyst has rated the stock with a sell rating, four have assigned a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Ameren presently has an average rating of “Moderate Buy” and an average price target of $92.00.

Insider Activity

In other news, CFO Michael L. Moehn sold 6,500 shares of the firm’s stock in a transaction that occurred on Wednesday, November 20th. The stock was sold at an average price of $92.15, for a total value of $598,975.00. Following the transaction, the chief financial officer now owns 205,171 shares in the company, 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 Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.42% of the company’s stock.

Ameren Stock Performance

NYSE AEE opened at $94.15 on Friday. The company has a market cap of $25.13 billion, a P/E ratio of 22.15, a PEG ratio of 2.86 and a beta of 0.48. The company has a fifty day simple moving average of $91.28 and a 200 day simple moving average of $86.77. 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 12-month low of $67.03 and a 12-month high of $96.74.

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.