Koshinski Asset Management Inc. Reduces Stock Holdings in Ameren Co. (NYSE:AEE)

Koshinski Asset Management Inc. lessened its stake in shares of Ameren Co. (NYSE:AEE) by 4.6% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 22,696 shares of the utilities provider’s stock after selling 1,098 shares during the period. Koshinski Asset Management Inc.’s holdings in Ameren were worth $2,023,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Millennium Management LLC increased its position in Ameren by 106.1% during the second quarter. Millennium Management LLC now owns 2,498,158 shares of the utilities provider’s stock valued at $177,644,000 after acquiring an additional 1,286,162 shares during the last quarter. International Assets Investment Management LLC boosted its stake in shares of Ameren by 8,645.7% during the 3rd quarter. International Assets Investment Management LLC now owns 1,160,998 shares of the utilities provider’s stock worth $1,015,410,000 after purchasing an additional 1,147,723 shares during the period. FMR LLC grew its holdings in Ameren by 59.8% during the 3rd quarter. FMR LLC now owns 2,631,580 shares of the utilities provider’s stock valued at $230,158,000 after purchasing an additional 984,879 shares during the last quarter. Assenagon Asset Management S.A. raised its position in Ameren by 3,738.0% in the 3rd quarter. Assenagon Asset Management S.A. now owns 745,872 shares of the utilities provider’s stock worth $65,234,000 after purchasing an additional 726,438 shares during the period. Finally, Verition Fund Management LLC lifted its stake in Ameren by 484.8% in the third quarter. Verition Fund Management LLC now owns 637,241 shares of the utilities provider’s stock worth $55,733,000 after purchasing an additional 528,270 shares during the last quarter. 79.09% of the stock is currently owned by institutional investors.

Insider Transactions at Ameren

In other news, CFO Michael L. Moehn sold 6,500 shares of Ameren 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 directly owns 205,171 shares in the company, valued at approximately $18,906,507.65. This trade represents a 3.07 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.36% of the company’s stock.

Ameren Stock Up 0.5 %

Shares of Ameren stock opened at $94.31 on Tuesday. 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 cap of $25.17 billion, a price-to-earnings ratio of 22.19, a PEG ratio of 2.90 and a beta of 0.48. The firm’s 50-day moving average is $90.91 and its two-hundred day moving average is $85.57. Ameren Co. has a 1 year low of $67.03 and a 1 year high of $95.69.

Wall Street Analyst Weigh In

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

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.