Teacher Retirement System of Texas Has $3.92 Million Stock Holdings in Ameren Corporation (NYSE:AEE)

Teacher Retirement System of Texas lifted its holdings in Ameren Corporation (NYSE:AEE - Free Report) by 1,462.8% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 39,022 shares of the utilities provider's stock after buying an additional 36,525 shares during the quarter. Teacher Retirement System of Texas' holdings in Ameren were worth $3,918,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in AEE. Price T Rowe Associates Inc. MD lifted its position in shares of Ameren by 1.5% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 27,048,729 shares of the utilities provider's stock worth $2,411,125,000 after purchasing an additional 392,170 shares in the last quarter. T. Rowe Price Investment Management Inc. increased its position in Ameren by 16.7% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 17,038,754 shares of the utilities provider's stock worth $1,518,835,000 after purchasing an additional 2,439,811 shares during the period. Geode Capital Management LLC raised its holdings in Ameren by 1.2% during the 4th quarter. Geode Capital Management LLC now owns 6,749,446 shares of the utilities provider's stock worth $600,157,000 after purchasing an additional 77,282 shares during the last quarter. FMR LLC lifted its position in Ameren by 96.5% during the 4th quarter. FMR LLC now owns 5,170,709 shares of the utilities provider's stock valued at $460,917,000 after purchasing an additional 2,539,129 shares during the period. Finally, Janus Henderson Group PLC boosted its stake in shares of Ameren by 0.9% in the 4th quarter. Janus Henderson Group PLC now owns 4,601,449 shares of the utilities provider's stock valued at $410,174,000 after purchasing an additional 39,455 shares during the last quarter. Institutional investors and hedge funds own 79.09% of the company's stock.

Ameren Price Performance

AEE stock opened at $95.84 on Tuesday. The stock has a 50-day moving average price of $96.46 and a two-hundred day moving average price of $96.19. Ameren Corporation has a 1 year low of $70.19 and a 1 year high of $104.10. The stock has a market cap of $25.90 billion, a PE ratio of 21.25, a price-to-earnings-growth ratio of 2.80 and a beta of 0.48. The company has a current ratio of 0.86, a quick ratio of 0.62 and a debt-to-equity ratio of 1.49.

Ameren (NYSE:AEE - Get Free Report) last released 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 return on equity of 10.40% and a net margin of 15.31%. The firm had revenue of $2.10 billion for the quarter, compared to analyst estimates of $1.92 billion. During the same period last year, the company earned $0.98 EPS. The company's revenue was up 15.5% compared to the same quarter last year. Equities analysts forecast that Ameren Corporation will post 4.93 EPS for the current fiscal year.

Ameren Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Tuesday, June 10th were paid a dividend of $0.71 per share. The ex-dividend date was Tuesday, June 10th. This represents a $2.84 dividend on an annualized basis and a dividend yield of 2.96%. Ameren's dividend payout ratio is 62.97%.

Analyst Ratings Changes

A number of equities analysts have issued reports on AEE shares. 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 note on Wednesday, May 14th. KeyCorp raised Ameren from a "sector weight" rating to an "overweight" rating and set a $103.00 price objective for the company in a research note on Wednesday, May 14th. UBS Group reiterated a "buy" rating and issued a $114.00 price objective (up previously from $113.00) on shares of Ameren in a report on Monday, June 2nd. Barclays raised their target price on Ameren from $101.00 to $104.00 and gave the stock an "equal weight" rating in a report on Tuesday, May 6th. Finally, Guggenheim reaffirmed a "neutral" rating on shares of Ameren in a research note on Tuesday, April 22nd. Five analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Ameren presently has an average rating of "Moderate Buy" and a consensus target price of $101.64.

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.

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