First Dallas Securities Lowers stake in Ameren Corp (AEE)

Ameren Corp (AEE) : First Dallas Securities reduced its stake in Ameren Corp by 1.47% during the most recent quarter end. The investment management company now holds a total of 13,148 shares of Ameren Corp which is valued at $680,672 after selling 196 shares in Ameren Corp , the firm said in a disclosure report filed with the SEC on Jul 26, 2016.Ameren Corp makes up approximately 0.50% of First Dallas Securities’s portfolio.

Other Hedge Funds, Including , American Century Companies Inc boosted its stake in AEE in the latest quarter, The investment management firm added 672,351 additional shares and now holds a total of 2,672,261 shares of Ameren Corp which is valued at $138,342,952. Ameren Corp makes up approx 0.15% of American Century Companies Inc’s portfolio.Oakbrook Investments boosted its stake in AEE in the latest quarter, The investment management firm added 2,500 additional shares and now holds a total of 16,303 shares of Ameren Corp which is valued at $861,940. Ameren Corp makes up approx 0.05% of Oakbrook Investments’s portfolio. Cibc World Markets sold out all of its stake in AEE during the most recent quarter. The investment firm sold 4,040 shares of AEE which is valued $213,595.North Star Investment Management Corp. boosted its stake in AEE in the latest quarter, The investment management firm added 1,010 additional shares and now holds a total of 6,721 shares of Ameren Corp which is valued at $355,406. Ameren Corp makes up approx 0.06% of North Star Investment Management Corp.’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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