Krilogy Financial LLC Trims Position in Ameren Co. (NYSE:AEE)

Krilogy Financial LLC trimmed its holdings in shares of Ameren Co. (NYSE:AEE) by 0.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 77,552 shares of the utilities provider’s stock after selling 349 shares during the period. Krilogy Financial LLC’s holdings in Ameren were worth $6,913,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Jamison Private Wealth Management Inc. acquired a new stake in Ameren during the third quarter worth about $44,000. ST Germain D J Co. Inc. boosted its position in Ameren by 134.5% in the 4th 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 in the last quarter. Cedar Mountain Advisors LLC acquired a new stake in shares of Ameren during the 3rd quarter worth approximately $49,000. Brooklyn Investment Group purchased a new position in shares of Ameren during the 3rd quarter valued at approximately $56,000. Finally, Strategic Investment Solutions Inc. IL purchased a new stake in Ameren during the second quarter worth $58,000. 79.09% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Ameren

In other 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 completion of the sale, the chief financial officer now directly 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.36% of the stock is owned by corporate insiders.

Analyst Ratings Changes

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

Ameren Stock Performance

NYSE AEE opened at $94.31 on Friday. 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 stock’s 50 day simple moving average is $90.91 and its 200-day simple moving average is $85.47. The company 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. Ameren Co. has a 1-year low of $67.03 and a 1-year high of $95.69.

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.