Crossmark Global Holdings Inc. Has $1.47 Million Stock Holdings in Ameren Co. (NYSE:AEE)

Crossmark Global Holdings Inc. trimmed its position in Ameren Co. (NYSE:AEE) by 0.9% in the fourth quarter, Holdings Channel.com reports. The firm owned 16,510 shares of the utilities provider’s stock after selling 157 shares during the period. Crossmark Global Holdings Inc.’s holdings in Ameren were worth $1,472,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Jamison Private Wealth Management Inc. bought a new stake in shares of Ameren during the third quarter worth approximately $44,000. ST Germain D J Co. Inc. lifted its stake in shares of Ameren by 134.5% in the 4th quarter. ST Germain D J Co. Inc. now owns 544 shares of the utilities provider’s stock valued at $48,000 after purchasing an additional 312 shares during the period. Cedar Mountain Advisors LLC bought a new position in shares of Ameren in the 3rd quarter worth $49,000. Brooklyn Investment Group acquired a new stake in shares of Ameren during the third quarter worth $56,000. Finally, Strategic Investment Solutions Inc. IL bought a new stake in Ameren in the second quarter valued at about $58,000. 79.09% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. BMO Capital Markets raised their target price on Ameren from $93.00 to $98.00 and gave the stock an “outperform” rating in a report on Thursday, December 5th. Morgan Stanley lifted their price objective on shares of Ameren from $86.00 to $94.00 and gave the stock an “equal weight” rating in a research note on Friday, December 13th. Barclays boosted their price objective on shares of Ameren from $77.00 to $88.00 and gave the company an “overweight” rating in a report on Tuesday, October 15th. Finally, Evercore ISI upgraded shares of Ameren from an “in-line” rating to an “outperform” rating and increased their target price for the stock from $89.00 to $104.00 in a report on Tuesday. One investment analyst has rated the stock with a sell rating, three have given a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $91.30.

Insider Buying and Selling at Ameren

In related news, CFO Michael L. Moehn sold 6,500 shares of the 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 completion of 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.42% of the company’s stock.

Ameren Stock Up 0.9 %

Ameren stock opened at $94.20 on Friday. Ameren Co. has a twelve month low of $67.03 and a twelve month high of $96.74. The company has a quick ratio of 0.41, a current ratio of 0.63 and a debt-to-equity ratio of 1.37. The company has a 50 day moving average of $91.15 and a 200-day moving average of $86.03. The stock has a market capitalization of $25.14 billion, a PE ratio of 22.16, a price-to-earnings-growth ratio of 2.88 and a beta of 0.48.

Ameren 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.