GAMMA Investing LLC Has $80.50 Million Stock Holdings in Ameren Co. (NYSE:AEE)

GAMMA Investing LLC boosted its holdings in shares of Ameren Co. (NYSE:AEE - Free Report) by 11,913.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 801,794 shares of the utilities provider's stock after purchasing an additional 795,120 shares during the period. GAMMA Investing LLC owned approximately 0.30% of Ameren worth $80,500,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. TD Private Client Wealth LLC lifted its position in shares of Ameren by 7.1% in the 4th quarter. TD Private Client Wealth LLC now owns 1,846 shares of the utilities provider's stock valued at $165,000 after acquiring an additional 122 shares in the last quarter. Signaturefd LLC increased its stake in shares of Ameren by 2.0% during the 4th quarter. Signaturefd LLC now owns 6,276 shares of the utilities provider's stock worth $559,000 after purchasing an additional 125 shares during the last quarter. Captrust Financial Advisors boosted its holdings in shares of Ameren by 1.3% during the 4th quarter. Captrust Financial Advisors now owns 10,107 shares of the utilities provider's stock worth $901,000 after buying an additional 125 shares during the period. Meiji Yasuda Asset Management Co Ltd. boosted its holdings in shares of Ameren by 1.3% during the 4th quarter. Meiji Yasuda Asset Management Co Ltd. now owns 9,937 shares of the utilities provider's stock worth $886,000 after buying an additional 130 shares during the period. Finally, Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Ameren by 0.8% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 15,963 shares of the utilities provider's stock worth $1,423,000 after buying an additional 131 shares during the period. 79.09% of the stock is owned by institutional investors and hedge funds.

Ameren Stock Down 0.5%

AEE traded down $0.51 during trading on Thursday, reaching $95.99. The company had a trading volume of 2,293,784 shares, compared to its average volume of 1,565,593. The company has a debt-to-equity ratio of 1.41, a current ratio of 0.66 and a quick ratio of 0.44. Ameren Co. has a 12 month low of $69.39 and a 12 month high of $104.10. The business's fifty day moving average price is $97.50 and its 200 day moving average price is $95.55. The company has a market cap of $25.94 billion, a P/E ratio of 21.72, a PEG ratio of 2.97 and a beta of 0.49.

Ameren (NYSE:AEE - Get Free Report) last announced its quarterly earnings results on Thursday, May 1st. The utilities provider reported $1.07 earnings per share for the quarter, missing analysts' consensus estimates of $1.08 by ($0.01). Ameren had a net margin of 15.51% and a return on equity of 10.34%. The company had revenue of $2.10 billion during the quarter, compared to the consensus estimate of $1.92 billion. During the same period in the previous year, the firm posted $0.98 EPS. The business's quarterly revenue was up 15.5% compared to the same quarter last year. Equities analysts anticipate that Ameren Co. will post 4.93 EPS for the current year.

Ameren Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Tuesday, June 10th will be given a $0.71 dividend. This represents a $2.84 dividend on an annualized basis and a yield of 2.96%. The ex-dividend date is Tuesday, June 10th. Ameren's dividend payout ratio (DPR) is currently 62.97%.

Wall Street Analysts Forecast Growth

AEE has been the subject of a number of research reports. BMO Capital Markets increased their price target on shares of Ameren from $106.00 to $108.00 and gave the company an "outperform" rating in a report on Monday, May 5th. Morgan Stanley set a $102.00 target price on shares of Ameren and gave the stock an "equal weight" rating in a research report on Thursday, May 22nd. KeyCorp upgraded shares of Ameren from a "sector weight" rating to an "overweight" rating and set a $103.00 target price for the company in a research report on Wednesday, May 14th. Wells Fargo & Company raised their price objective on shares of Ameren from $108.00 to $112.00 and gave the company an "overweight" rating in a research report on Wednesday, May 14th. Finally, UBS Group lifted their price target on shares of Ameren from $113.00 to $114.00 and gave the stock a "buy" rating in a research report on Monday. Four analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $102.00.

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.