Lazard Asset Management Adds $43M in Ameren Corporation ($AEE)
Key Points
- Lazard Asset Management changed its Ameren Corporation ($AEE) stake by 42.9% last quarter, boosting to 1,331,922 shares worth $144.18 million.
- Wall Street's consensus rating on $AEE is Buy and an average price target of $119.87.
- $AEE last traded around $108.25.
Lazard Asset Management increased its position in Ameren Corporation ($AEE) by 42.9% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,331,922 shares of Ameren Corporation after buying 399,905 shares during the quarter. Lazard Asset Management's holdings in Ameren Corporation were worth $144.18 million as of its most recent filing.
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About Ameren Corporation
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 business and natural gas transmission and distribution business. The company also generates electricity through coal, nuclear, and natural gas, as well as renewable energy, including hydroelectric, wind, methane gas, and solar energy centers. It serves residential, commercial, and industrial customers. Ameren Corporation was founded in 1881 and is headquartered in Saint Louis, Missouri.
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