Bartlett & CO. Wealth Management LLC Has $172,000 Holdings in Ameren Co. (NYSE:AEE)

Bartlett & CO. Wealth Management LLC increased its stake in Ameren Co. (NYSE:AEE) by 57.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,929 shares of the utilities provider’s stock after buying an additional 700 shares during the quarter. Bartlett & CO. Wealth Management LLC’s holdings in Ameren were worth $172,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. Metis Global Partners LLC boosted its holdings in shares of Ameren by 1.5% in the 3rd quarter. Metis Global Partners LLC now owns 8,513 shares of the utilities provider’s stock valued at $745,000 after buying an additional 124 shares during the last quarter. CWA Asset Management Group LLC boosted its holdings in shares of Ameren by 2.7% in the 4th quarter. CWA Asset Management Group LLC now owns 4,786 shares of the utilities provider’s stock valued at $427,000 after buying an additional 125 shares during the last quarter. NorthRock Partners LLC boosted its holdings in shares of Ameren by 4.2% in the 3rd quarter. NorthRock Partners LLC now owns 3,107 shares of the utilities provider’s stock valued at $272,000 after buying an additional 126 shares during the last quarter. Integrated Wealth Concepts LLC boosted its holdings in shares of Ameren by 1.7% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 9,110 shares of the utilities provider’s stock valued at $797,000 after buying an additional 153 shares during the last quarter. Finally, Harbor Capital Advisors Inc. boosted its holdings in shares of Ameren by 2.0% in the 4th quarter. Harbor Capital Advisors Inc. now owns 8,489 shares of the utilities provider’s stock valued at $757,000 after buying an additional 169 shares during the last quarter. Institutional investors and hedge funds own 79.09% of the company’s stock.

Ameren Stock Up 0.9 %

AEE stock opened at $94.20 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 has a market capitalization of $25.14 billion, a price-to-earnings ratio of 22.16, a PEG ratio of 2.88 and a beta of 0.48. The business’s fifty day moving average price is $91.15 and its two-hundred day moving average price is $86.03. Ameren Co. has a fifty-two week low of $67.03 and a fifty-two week high of $96.74.

Insiders Place Their Bets

In related news, CFO Michael L. Moehn sold 6,500 shares of the firm’s stock in a transaction 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 approximately $18,906,507.65. This trade represents a 3.07 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.42% of the company’s stock.

Analyst Upgrades and Downgrades

AEE has been the subject of several research reports. Morgan Stanley raised their price target on Ameren from $86.00 to $94.00 and gave the company an “equal weight” rating in a report on Friday, December 13th. BMO Capital Markets raised their price target on Ameren from $93.00 to $98.00 and gave the company an “outperform” rating in a report on Thursday, December 5th. Barclays raised their price target on Ameren from $77.00 to $88.00 and gave the company an “overweight” rating in a report on Tuesday, October 15th. Finally, Evercore ISI raised Ameren from an “in-line” rating to an “outperform” rating and raised their price target for the company from $89.00 to $104.00 in a report on Tuesday. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $91.30.

Ameren Company 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.