CarsonAllaria Wealth Management Ltd. Has $109,000 Position in Ameren Co. (NYSE:AEE)

CarsonAllaria Wealth Management Ltd. lessened its holdings in shares of Ameren Co. (NYSE:AEE) by 24.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,224 shares of the utilities provider’s stock after selling 390 shares during the period. CarsonAllaria Wealth Management Ltd.’s holdings in Ameren were worth $109,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. State Street Corp lifted its stake in Ameren by 2.6% in the third quarter. State Street Corp now owns 13,139,956 shares of the utilities provider’s stock valued at $1,149,221,000 after buying an additional 334,752 shares in the last quarter. Geode Capital Management LLC lifted its position in Ameren by 1.9% in the 3rd quarter. Geode Capital Management LLC now owns 6,672,164 shares of the utilities provider’s stock valued at $581,661,000 after acquiring an additional 127,287 shares in the last quarter. Janus Henderson Group PLC boosted its stake in Ameren by 0.9% in the 3rd quarter. Janus Henderson Group PLC now owns 4,561,994 shares of the utilities provider’s stock worth $398,992,000 after purchasing an additional 39,300 shares during the period. FMR LLC raised its stake in shares of Ameren by 59.8% in the 3rd quarter. FMR LLC now owns 2,631,580 shares of the utilities provider’s stock valued at $230,158,000 after purchasing an additional 984,879 shares during the period. Finally, Caisse DE Depot ET Placement DU Quebec lifted its holdings in shares of Ameren by 26.1% in the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 2,318,537 shares of the utilities provider’s stock valued at $202,779,000 after purchasing an additional 479,668 shares in the last quarter. 79.09% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Ameren

In other Ameren news, CFO Michael L. Moehn sold 6,500 shares of the stock in a transaction dated Wednesday, November 20th. The shares were sold at an average price of $92.15, for a total value 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 represents a 3.07 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.36% of the stock is owned by company insiders.

Ameren Price Performance

NYSE:AEE opened at $95.49 on Wednesday. The company has a quick ratio of 0.41, a current ratio of 0.63 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. The stock’s 50 day moving average price is $91.34 and its two-hundred day moving average price is $87.24. The firm has a market capitalization of $25.49 billion, a price-to-earnings ratio of 22.47, a P/E/G ratio of 2.90 and a beta of 0.49.

Analyst Upgrades and Downgrades

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

Ameren Profile

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.