Paradigm Financial Advisors buys $437,819 stake in Ameren Corp (AEE)

Ameren Corp (AEE) : Paradigm Financial Advisors scooped up 600 additional shares in Ameren Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 26, 2016. The investment management firm now holds a total of 8,457 shares of Ameren Corp which is valued at $437,819.Ameren Corp makes up approximately 0.26% of Paradigm Financial Advisors’s portfolio.

Other Hedge Funds, Including , Strs Ohio boosted its stake in AEE in the latest quarter, The investment management firm added 6,841 additional shares and now holds a total of 35,206 shares of Ameren Corp which is valued at $1,822,615. Ameren Corp makes up approx 0.01% of Strs Ohio’s portfolio.Parkwood reduced its stake in AEE by selling 1,823 shares or 14.75% in the most recent quarter. The Hedge Fund company now holds 10,536 shares of AEE which is valued at $557,038. Ameren Corp makes up approx 0.09% of Parkwood’s portfolio. Rockefeller Financial Services Inc sold out all of its stake in AEE during the most recent quarter. The investment firm sold 843 shares of AEE which is valued $44,569.Bnp Paribas Arbitrage Sa reduced its stake in AEE by selling 78,203 shares or 39.01% in the most recent quarter. The Hedge Fund company now holds 122,291 shares of AEE which is valued at $6,499,767. Ameren Corp makes up approx 0.03% of Bnp Paribas Arbitrage Sa’s portfolio.

Ameren Corp opened for trading at $52.17 and hit $52.66 on the upside on Friday, eventually ending the session at $52.44, with a gain of 0.56% or 0.29 points. The heightened volatility saw the trading volume jump to 12,06,794 shares. Company has a market cap of $12,724 M.

On the company’s financial health, Ameren Corp reported $0.43 EPS for the quarter, beating the analyst consensus estimate by $ 0.06 according to the earnings call on May 10, 2016. Analyst had a consensus of $0.37. The company had revenue of $1434.00 million for the quarter, compared to analysts expectations of $1510.22 million. The company’s revenue was down -7.8 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.45 EPS.

Ameren Corporation (Ameren) is a utility holding company. The Company operates in two segments: Ameren Missouri and Ameren Illinois. The Company’s subsidiaries include Ameren Missouri and Ameren Illinois. Ameren also has a subsidiary ATXI that operates a FERC rate-regulated electric transmission business. Ameren Missouri operates a rate-regulated electric generation transmission and distribution business and a rate-regulated natural gas transmission and distribution business in Missouri. It supplies electric and natural gas service to a 24000-square-mile area in central and eastern Missouri. Ameren Illinois operates rate-regulated electric and natural gas transmission and distribution businesses in Illinois. Ameren Illinois supplies electric and natural gas utility service to portions of central and southern Illinois in an area of 40000 square miles.

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