Ameren Co. (NYSE:AEE) Shares Sold by Krilogy Financial LLC

Krilogy Financial LLC reduced its stake in Ameren Co. (NYSE:AEE) by 0.4% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 77,552 shares of the utilities provider’s stock after selling 349 shares during the quarter. Krilogy Financial LLC’s holdings in Ameren were worth $6,913,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Jamison Private Wealth Management Inc. purchased a new stake in shares of Ameren during the 3rd quarter valued at approximately $44,000. ST Germain D J Co. Inc. grew 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 acquiring an additional 312 shares during the period. Cedar Mountain Advisors LLC acquired a new stake in Ameren during the third quarter worth $49,000. Brooklyn Investment Group purchased a new stake in Ameren in the third quarter valued at $56,000. Finally, Strategic Investment Solutions Inc. IL acquired a new position in shares of Ameren in the 2nd quarter valued at $58,000. 79.09% of the stock is owned by institutional investors and hedge funds.

Ameren Price Performance

Ameren stock opened at $94.31 on Friday. 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 52-week low of $67.03 and a 52-week high of $95.69. The firm has a market cap of $25.17 billion, a PE ratio of 22.19, a price-to-earnings-growth ratio of 2.71 and a beta of 0.48. The company’s 50 day moving average is $90.91 and its two-hundred day moving average is $85.47.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on AEE. Morgan Stanley raised their price objective on Ameren from $86.00 to $94.00 and gave the stock an “equal weight” rating in a research report on Friday, December 13th. BMO Capital Markets boosted their price target on shares of Ameren from $93.00 to $98.00 and gave the company an “outperform” rating in a research note on Thursday, December 5th. Finally, Barclays upped their price objective on shares of Ameren from $77.00 to $88.00 and gave the stock an “overweight” rating in a report on Tuesday, October 15th. One analyst has rated the stock with a sell rating, three have given a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, Ameren currently has an average rating of “Moderate Buy” and an average target price of $89.89.

Insider Transactions at Ameren

In related news, CFO Michael L. Moehn sold 6,500 shares of the business’s stock in a transaction on Wednesday, November 20th. The stock was sold at an average price of $92.15, for a total transaction of $598,975.00. Following the completion of the transaction, the chief financial officer now directly owns 205,171 shares of the company’s stock, valued at $18,906,507.65. The trade was a 3.07 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 0.36% of the company’s stock.

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.