Janus Henderson Group PLC Has $398.99 Million Holdings in Ameren Co. (NYSE:AEE)

Janus Henderson Group PLC grew its stake in Ameren Co. (NYSE:AEE) by 0.9% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,561,994 shares of the utilities provider’s stock after buying an additional 39,300 shares during the period. Janus Henderson Group PLC’s holdings in Ameren were worth $398,992,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. HITE Hedge Asset Management LLC lifted its position in shares of Ameren by 265.0% during the 3rd quarter. HITE Hedge Asset Management LLC now owns 173,771 shares of the utilities provider’s stock worth $15,198,000 after purchasing an additional 126,157 shares during the last quarter. HighTower Advisors LLC lifted its position in shares of Ameren by 1.0% during the 3rd quarter. HighTower Advisors LLC now owns 27,087 shares of the utilities provider’s stock worth $2,374,000 after purchasing an additional 270 shares during the last quarter. Benjamin Edwards Inc. lifted its position in shares of Ameren by 5.8% during the 3rd quarter. Benjamin Edwards Inc. now owns 43,723 shares of the utilities provider’s stock worth $3,824,000 after purchasing an additional 2,379 shares during the last quarter. Caisse DE Depot ET Placement DU Quebec lifted its position in shares of Ameren by 26.1% during the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 2,318,537 shares of the utilities provider’s stock worth $202,779,000 after purchasing an additional 479,668 shares during the last quarter. Finally, Verition Fund Management LLC lifted its position in shares of Ameren by 484.8% during the 3rd 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. Institutional investors and hedge funds own 79.09% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the company. Argus raised Ameren to a “strong-buy” rating in a research report on Thursday, September 19th. Morgan Stanley cut their price objective on Ameren from $88.00 to $86.00 and set an “equal weight” rating for the company in a research report on Friday, November 22nd. Barclays upped their price target on Ameren from $77.00 to $88.00 and gave the company an “overweight” rating in a report on Tuesday, October 15th. Mizuho raised Ameren from a “neutral” rating to an “outperform” rating and upped their price target for the company from $82.00 to $89.00 in a report on Monday, September 16th. Finally, BMO Capital Markets upped their price target on Ameren from $84.00 to $87.00 and gave the company an “outperform” rating in a report on Tuesday, August 6th. One research analyst has rated the stock with a sell rating, six have issued a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $87.78.

Insider Activity

In related news, CFO Michael L. Moehn sold 6,500 shares of the stock in a transaction that occurred on Wednesday, November 20th. The stock was sold at an average price of $92.15, for a total transaction of $598,975.00. Following the sale, the chief financial officer now directly owns 205,171 shares in the company, valued at $18,906,507.65. This represents a 3.07 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.36% of the company’s stock.

Ameren Trading Down 1.2 %

AEE stock opened at $91.80 on Wednesday. Ameren Co. has a 1-year low of $67.03 and a 1-year high of $95.69. The firm has a market cap of $24.50 billion, a P/E ratio of 21.60, a P/E/G ratio of 3.06 and a beta of 0.48. The business’s 50 day moving average is $89.25 and its 200-day moving average is $81.28. The company has a current ratio of 0.63, a quick ratio of 0.41 and a debt-to-equity ratio of 1.37.

Ameren Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Wednesday, December 11th will be paid a $0.67 dividend. The ex-dividend date of this dividend is Wednesday, December 11th. This represents a $2.68 annualized dividend and a dividend yield of 2.92%. Ameren’s dividend payout ratio is currently 63.06%.

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.