Today’s Stock On Watch: Ameren Corp on Focus After Raising In Today’s Session

Today's Stock On Watch: Ameren Corp on Focus After Raising In Today's Session

The stock of Ameren Corp (NYSE:AEE) is a huge mover today! About 252,642 shares traded hands. Ameren Corp (NYSE:AEE) has risen 5.41% since April 22, 2016 and is uptrending. It has outperformed by 0.00% the S&P500.
The move comes after 6 months positive chart setup for the $12.04 billion company. It was reported on Nov, 25 by Barchart.com. We have $51.48 PT which if reached, will make NYSE:AEE worth $361.20M more.

Analysts await Ameren Corp (NYSE:AEE) to report earnings on February, 17. They expect $0.16 earnings per share, up 33.33% or $0.04 from last year’s $0.12 per share. AEE’s profit will be $38.54M for 78.09 P/E if the $0.16 EPS becomes a reality. After $1.52 actual earnings per share reported by Ameren Corp for the previous quarter, Wall Street now forecasts -89.47% negative EPS growth.

Ameren Corp (NYSE:AEE) Ratings Coverage

Out of 5 analysts covering Ameren (NYSE:AEE), 2 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 40% are positive. Ameren has been the topic of 11 analyst reports since July 28, 2015 according to StockzIntelligence Inc. The stock of Ameren Corp (NYSE:AEE) earned “Neutral” rating by Goldman Sachs on Tuesday, July 28. The firm earned “Hold” rating on Tuesday, August 25 by Zacks. The company was maintained on Wednesday, October 19 by UBS. Wolfe Research upgraded the stock to “Outperform” rating in Monday, August 3 report. On Monday, May 16 the stock rating was maintained by Barclays Capital with “Overweight”. The firm has “Hold” rating by Argus Research given on Monday, April 4. The rating was upgraded by Barclays Capital on Monday, April 4 to “Overweight”. The company was maintained on Monday, August 24 by Argus Research.

According to Zacks Investment Research, “Ameren Corporation companies provide energy services customers in Missouri and Illinois. AmerenUE, one of its subsidiaries, is the one of the largest electric utilities in Missouri and distributors of natural gas. AmerenCIPS, another subsidiary, is both an electric and natural gas utility and serves one of the largest geographic areas of Illinois-based utility companies. (Company Press Release)”

Insitutional Activity: The institutional sentiment decreased to 1.06 in Q2 2016. Its down 0.21, from 1.27 in 2016Q1. The ratio worsened, as 34 funds sold all Ameren Corp shares owned while 125 reduced positions. 34 funds bought stakes while 168 increased positions. They now own 159.99 million shares or 4.84% less from 168.13 million shares in 2016Q1.
First Heartland Consultants holds 0.04% of its portfolio in Ameren Corp (NYSE:AEE) for 6,203 shares. Boothbay Fund Ltd Llc has invested 0.21% of its portfolio in Ameren Corp (NYSE:AEE). Moreover, Charter Trust has 0.03% invested in Ameren Corp (NYSE:AEE) for 5,585 shares. Moreover, Commonwealth Of Pennsylvania Public School Empls Retrmt has 0.02% invested in Ameren Corp (NYSE:AEE) for 19,427 shares. Van Eck Assocs holds 0.01% of its portfolio in Ameren Corp (NYSE:AEE) for 33,583 shares. Moreover, Finemark Comml Bank has 0.01% invested in Ameren Corp (NYSE:AEE) for 2,243 shares. Geneva Advsrs Limited Liability holds 0% or 4,008 shares in its portfolio. Numeric Llc owns 108,080 shares or 0.05% of their US portfolio. Moreover, Terril Brothers has 0.52% invested in Ameren Corp (NYSE:AEE) for 22,003 shares. Archford Strategies Ltd Liability Corporation has 1.23% invested in the company for 43,780 shares. Janney Montgomery Scott Limited Liability Company has 0% invested in the company for 6,913 shares. Virtu Finance Limited Liability, a New York-based fund reported 7,335 shares. Nomura Asset Mgmt accumulated 0.03% or 33,790 shares. Private Trust Company Na holds 0.19% of its portfolio in Ameren Corp (NYSE:AEE) for 13,672 shares. Commercial Bank Of America De accumulated 0.01% or 652,494 shares.

Insider Transactions: Since June 9, 2016, the stock had 0 insider purchases, and 3 selling transactions for $2.18 million net activity. $176,190 worth of shares were sold by Lindgren Mark C on Thursday, June 9. $152,460 worth of Ameren Corp (NYSE:AEE) was sold by Steinke Bruce A on Thursday, August 11. The insider GALVIN WALTER J sold 36,989 shares worth $1.85M.

More recent Ameren Corp (NYSE:AEE) news were published by: Herald-Review.com which released: “Hot weather means hot profits for Ameren Corp” on November 08, 2016. Also Prnewswire.com published the news titled: “Ameren (NYSE: AEE) Announces Third Quarter 2016 Results and Raises 2016 …” on November 04, 2016. Zacks.com‘s news article titled: “Ameren Corp (AEE) Q3 Earnings: Stock to Beat Estimates?” with publication date: November 02, 2016 was also an interesting one.

AEE Company Profile

Ameren Corporation (Ameren), incorporated on August 7, 1995, is a public utility holding company. Ameren’s primary assets are its equity interests in its subsidiaries, including Union Electric Company (doing business as Ameren Missouri) and Ameren Illinois Company (Ameren Illinois). Ameren operates through two divisions: Ameren Missouri and Ameren Illinois. Ameren Missouri and Ameren Illinois each have one segment. The Ameren Missouri segment for both Ameren and Ameren Missouri includes all the activities of Ameren Missouri. The Ameren Illinois segment for both Ameren and Ameren Illinois consists of all of the activities of Ameren Illinois. Ameren’s subsidiaries are separate, independent legal entities with separate businesses, assets, and liabilities. Ameren Missouri operates a rate-regulated electric generation, transmission, and distribution business and a rate-regulated natural gas transmission and distribution business in Missouri. Ameren Illinois operates rate-regulated electric and natural gas transmission and distribution businesses in Illinois.

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