Ameren Co. (NYSE:AEE) Short Interest Update

Ameren Co. (NYSE:AEE) was the recipient of a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 4,250,000 shares, a growth of 20.1% from the December 15th total of 3,540,000 shares. Based on an average trading volume of 1,370,000 shares, the short-interest ratio is presently 3.1 days.

Insiders Place Their Bets

In other Ameren news, CFO Michael L. Moehn sold 6,500 shares of the firm’s stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of $92.15, for a total transaction of $598,975.00. Following the transaction, the chief financial officer now owns 205,171 shares in the company, valued at approximately $18,906,507.65. This trade represents a 3.07 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.36% of the company’s stock.

Institutional Trading of Ameren

Institutional investors have recently made changes to their positions in the business. Jamison Private Wealth Management Inc. bought a new stake in Ameren during the third quarter worth about $44,000. ST Germain D J Co. Inc. increased its position in shares of Ameren by 134.5% during the 4th quarter. ST Germain D J Co. Inc. now owns 544 shares of the utilities provider’s stock worth $48,000 after purchasing an additional 312 shares during the last quarter. Cedar Mountain Advisors LLC bought a new stake in shares of Ameren during the 3rd quarter worth approximately $49,000. Brooklyn Investment Group acquired a new stake in shares of Ameren in the 3rd quarter valued at approximately $56,000. Finally, Strategic Investment Solutions Inc. IL bought a new position in shares of Ameren in the second quarter valued at $58,000. Institutional investors own 79.09% of the company’s stock.

Analyst Ratings Changes

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

Ameren Stock Up 0.5 %

NYSE AEE traded up $0.45 during trading on Friday, hitting $94.31. The stock had a trading volume of 1,351,246 shares, compared to its average volume of 1,202,618. Ameren has a 12 month low of $67.03 and a 12 month high of $95.69. The company has a debt-to-equity ratio of 1.37, a quick ratio of 0.41 and a current ratio of 0.63. The company’s 50-day moving average price is $90.91 and its two-hundred day moving average price is $85.47. The company has a market capitalization of $25.17 billion, a PE ratio of 22.19, a P/E/G ratio of 2.71 and a beta of 0.48.

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.