Here is What Hedge Funds Think About Ameren Corp (AEE)

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Seeing as Ameren Corp (NYSE:AEE) has weathered a decline in interest from the entirety of the hedge funds we track, we can see that there were a few hedgies that slashed their positions entirely last quarter. Intriguingly, Jos Shaver’s Electron Capital Partners cashed in the largest stake of all the hedgies followed by Insider Monkey, valued at an estimated $16.6 million in stock, and Jonathan Barrett and Paul Segal’s Luminus Management was right behind this move, as the fund dropped about $16.4 million worth of shares.

Let’s also examine hedge fund activity in other stocks similar to Ameren Corp (NYSE:AEE). We will take a look at Grupo Financero Sntdr Mxco SAB de CV ADR (NYSE:BSMX), Silver Wheaton Corp. (USA) (NYSE:SLW), Global Payments Inc (NYSE:GPN), and Quest Diagnostics Inc (NYSE:DGX). This group of stocks’ market caps are closest to AEE’s market cap.

Ticker No of HFs with positions Total Value of HF Positions (x1000) Change in HF Position
BSMX 9 24506 1
SLW 27 507942 -2
GPN 20 436064 -10
DGX 24 349248 -1

As you can see these stocks had an average of 20 hedge funds with bullish positions and the average amount invested in these stocks was $329 million. That figure was $432 million in AEE’s case. Silver Wheaton Corp. (USA) (NYSE:SLW) is the most popular stock in this table. On the other hand Grupo Financero Sntdr Mxco SAB de CV ADR (NYSE:BSMX) is the least popular one with only 9 bullish hedge fund positions. Ameren Corp (NYSE:AEE) is not the least popular stock in this group but hedge fund interest is still below average. This is a slightly negative signal and we’d rather spend our time researching stocks that hedge funds are piling on. In this regard SLW might be a better candidate to consider taking a long position in.

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