Ameren Corporation $AEE Shares Sold by Versor Investments LP

Key Points

• Versor Investments LP has significantly reduced its position in Ameren Corporation by 80.8%, holding only 2,206 shares after selling 9,294 shares in Q1.
• Multiple large investors have increased their stakes in Ameren, including Nuveen LLC, which acquired a new position valued at $241.5 million, and Vanguard Group Inc., which raised its stake by 2.9% to a total value of $3.45 billion.
• Ameren recently reported a quarterly EPS of $1.01, exceeding analyst expectations, with a projected full-year EPS of 4.93 and a dividend yield of 2.8% scheduled for disbursement to shareholders on September 30th.

Versor Investments LP lessened its holdings in Ameren Corporation (NYSE:AEE - Free Report) by 80.8% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,206 shares of the utilities provider's stock after selling 9,294 shares during the quarter. Versor Investments LP's holdings in Ameren were worth $221,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the business. MJT & Associates Financial Advisory Group Inc. purchased a new position in shares of Ameren during the first quarter valued at about $25,000. Quarry LP bought a new stake in shares of Ameren in the fourth quarter worth $31,000. SouthState Corp purchased a new position in shares of Ameren during the 1st quarter worth $34,000. ORG Partners LLC raised its stake in Ameren by 74.5% during the 1st quarter. ORG Partners LLC now owns 349 shares of the utilities provider's stock worth $35,000 after acquiring an additional 149 shares during the period. Finally, Cornerstone Planning Group LLC boosted its stake in shares of Ameren by 586.9% in the first quarter. Cornerstone Planning Group LLC now owns 419 shares of the utilities provider's stock worth $41,000 after acquiring an additional 358 shares during the period. Hedge funds and other institutional investors own 79.09% of the company's stock.

Ameren Stock Performance

Shares of AEE traded up $0.18 during midday trading on Tuesday, reaching $100.91. 1,296,676 shares of the stock were exchanged, compared to its average volume of 1,716,560. The business's 50-day moving average price is $98.49 and its 200 day moving average price is $98.12. Ameren Corporation has a twelve month low of $81.31 and a twelve month high of $104.10. The company has a debt-to-equity ratio of 1.51, a current ratio of 0.80 and a quick ratio of 0.56. The company has a market capitalization of $27.29 billion, a price-to-earnings ratio of 22.18, a PEG ratio of 2.62 and a beta of 0.45.

Ameren (NYSE:AEE - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The utilities provider reported $1.01 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.00 by $0.01. Ameren had a return on equity of 10.38% and a net margin of 14.55%.The firm had revenue of $2.22 billion for the quarter, compared to analyst estimates of $1.82 billion. During the same quarter last year, the company posted $0.97 earnings per share. The business's revenue was up 31.2% on a year-over-year basis. Ameren has set its FY 2025 guidance at 4.850-5.050 EPS. On average, sell-side analysts expect that Ameren Corporation will post 4.93 EPS for the current fiscal year.

Ameren Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Tuesday, September 9th will be paid a dividend of $0.71 per share. This represents a $2.84 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date is Tuesday, September 9th. Ameren's payout ratio is 62.42%.

Analysts Set New Price Targets

AEE has been the topic of several recent research reports. Barclays decreased their price objective on Ameren from $104.00 to $100.00 and set an "equal weight" rating on the stock in a report on Thursday, July 10th. The Goldman Sachs Group upgraded Ameren from a "sell" rating to a "neutral" rating and lifted their target price for the company from $91.00 to $100.00 in a research note on Wednesday, June 25th. Wells Fargo & Company upped their price target 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. UBS Group lifted their price objective on Ameren from $111.00 to $114.00 and gave the company a "buy" rating in a research note on Friday, July 11th. Finally, Morgan Stanley restated an "outperform" rating on shares of Ameren in a research report on Thursday, August 21st. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $101.36.

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.