Hsbc Holdings PLC Sells 40,918 Shares of Ameren Corporation $AEE
Hsbc Holdings PLC reduced its stake in Ameren Corporation (NYSE: AEE) by 9.2% during the fourth quarter, selling 40,918 shares to hold a remaining position of 405,784 shares valued at approximately $40.5 million. While Hsbc lowered its holdings, several other institutional investors increased their positions...
Bullish Signals
- JPMorgan upgraded stock to overweight, raising target to $126.
- Argus Research raised objective to $115 with buy rating.
- Dividend yield is 2.7% with a 53.96% payout ratio.
- Institutional investors significantly increased stakes in Q4.
Bearish Signals
- Wall Street Zen downgraded Ameren from hold to sell.
- Hsbc Holdings reduced position by 9.2% in Q4.
- Current ratio of 0.62 and quick ratio of 0.44.