Lapides Asset Management Has Lowered By $522,000 Its Allegheny Technologies (ATI) Position; Profile of 1 Analysts Covering Ameren (AEE)

September 12, 2017 - By Vivian Currie

Lapides Asset Management Llc decreased Allegheny Technologies Inc (ATI) stake by 6.11% reported in 2016Q4 SEC filing. Lapides Asset Management Llc sold 34,800 shares as Allegheny Technologies Inc (ATI)’s stock declined 21.75%. The Lapides Asset Management Llc holds 535,100 shares with $8.52 million value, down from 569,900 last quarter. Allegheny Technologies Inc now has $2.40B valuation. The stock declined 0.68% or $0.15 reaching $22.01 per share. About 33,675 shares traded. Allegheny Technologies Incorporated (NYSE:ATI) has risen 40.09% since September 12, 2016 and is uptrending. It has outperformed by 23.39% the S&P500.

Among 6 analysts covering Ameren (NYSE:AEE), 1 have Buy rating, 1 Sell and 4 Hold. Therefore 17% are positive. Ameren had 15 analyst reports since July 28, 2015 according to SRatingsIntel. The stock of Ameren Corp (NYSE:AEE) earned “Equal-Weight” rating by Barclays Capital on Thursday, May 25. Goldman Sachs upgraded the stock to “Neutral” rating in Tuesday, July 28 report. The firm earned “Overweight” rating on Monday, May 16 by Barclays Capital. Wolfe Research upgraded the shares of AEE in report on Monday, August 3 to “Outperform” rating. The firm earned “Neutral” rating on Wednesday, October 19 by UBS. The firm has “Sell” rating by Goldman Sachs given on Monday, June 26. As per Monday, April 4, the company rating was upgraded by Barclays Capital. The stock of Ameren Corp (NYSE:AEE) has “Buy” rating given on Monday, August 24 by Argus Research. The stock of Ameren Corp (NYSE:AEE) has “Hold” rating given on Monday, April 4 by Argus Research. Morgan Stanley maintained the shares of AEE in report on Thursday, August 10 with “Overweight” rating. See Ameren Corp (NYSE:AEE) latest ratings:

08/09/2017 Broker: Morgan Stanley Rating: Equal-Weight New Target: $5.00 Maintain
10/08/2017 Broker: Morgan Stanley Rating: Overweight Old Target: $56 New Target: $57 Maintain
26/06/2017 Broker: Goldman Sachs Old Rating: Neutral New Rating: Sell Downgrade
25/05/2017 Broker: Barclays Capital Old Rating: Overweight New Rating: Equal-Weight Downgrade

Lapides Asset Management Llc increased Diebold Nixdorf Inc Com (NYSE:DBD) stake by 156,400 shares to 324,800 valued at $8.17M in 2016Q4. It also upped Pitney Bowes Inc (NYSE:PBI) stake by 380,000 shares and now owns 850,300 shares. Web Com Group Inc (NASDAQ:WWWW) was raised too.

Investors sentiment increased to 1.57 in Q4 2016. Its up 0.32, from 1.25 in 2016Q3. It is positive, as 35 investors sold ATI shares while 63 reduced holdings. 34 funds opened positions while 69 raised stakes. 101.45 million shares or 5.00% more from 96.63 million shares in 2016Q3 were reported. Franklin Inc accumulated 0.05% or 5.91 million shares. Neuberger Berman Group Ltd Limited Liability Company invested 0.02% in Allegheny Technologies Incorporated (NYSE:ATI). Mcclain Value Mngmt Ltd Limited Liability Company has invested 4.72% of its portfolio in Allegheny Technologies Incorporated (NYSE:ATI). 5.18 million are owned by Sasco Cap Ct. Swiss Financial Bank accumulated 0% or 179,100 shares. Focused Wealth Mngmt reported 0.01% in Allegheny Technologies Incorporated (NYSE:ATI). The Massachusetts-based State Street has invested 0.01% in Allegheny Technologies Incorporated (NYSE:ATI). Frontier Capital Management Co Ltd Com has 4.40M shares for 0.54% of their portfolio. Commonwealth Equity Ser Inc owns 21,865 shares. D E Shaw reported 0.02% of its portfolio in Allegheny Technologies Incorporated (NYSE:ATI). Tricadia Mgmt Limited Liability Corporation holds 2.11% in Allegheny Technologies Incorporated (NYSE:ATI) or 425,000 shares. Principal Fincl Gru accumulated 0.01% or 430,591 shares. Ubs Oconnor Ltd Liability Corp accumulated 395,458 shares or 0% of the stock. Gamco Et Al holds 0.05% in Allegheny Technologies Incorporated (NYSE:ATI) or 490,800 shares. Victory Capital Mgmt holds 2.16M shares or 0.09% of its portfolio.

Among 12 analysts covering Allegheny Tech (NYSE:ATI), 8 have Buy rating, 0 Sell and 4 Hold. Therefore 67% are positive. Allegheny Tech had 31 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Cowen & Co with “Market Perform” on Thursday, September 3. As per Wednesday, October 21, the company rating was downgraded by Deutsche Bank. The firm has “Sell” rating given on Thursday, February 2 by Berenberg. The firm has “Hold” rating given on Monday, April 24 by Berenberg. The company was maintained on Thursday, July 6 by Cowen & Co. The stock of Allegheny Technologies Incorporated (NYSE:ATI) earned “Buy” rating by Bank of America on Monday, May 23. The company was downgraded on Thursday, January 5 by Seaport Global. Cowen & Co maintained Allegheny Technologies Incorporated (NYSE:ATI) rating on Thursday, June 29. Cowen & Co has “Hold” rating and $1800 target. The stock of Allegheny Technologies Incorporated (NYSE:ATI) earned “Underperform” rating by Bank of America on Tuesday, October 20. As per Tuesday, February 9, the company rating was maintained by Buckingham Research.

Investors sentiment decreased to 1.12 in 2016 Q4. Its down 0.03, from 1.15 in 2016Q3. It fall, as 34 investors sold Ameren Corp shares while 161 reduced holdings. 61 funds opened positions while 132 raised stakes. 166.27 million shares or 4.87% more from 158.55 million shares in 2016Q3 were reported. State Of New Jersey Common Pension Fund D invested in 127,000 shares. Bluecrest Capital Mngmt Limited holds 0.01% of its portfolio in Ameren Corp (NYSE:AEE) for 4,559 shares. 860 are held by Washington Bancorporation. New York Life holds 0.04% or 152 shares in its portfolio. Pinnacle Financial Ptnrs holds 4,236 shares or 0.05% of its portfolio. Prudential Fin holds 341,142 shares. Tokio Marine Asset Mngmt has 0.03% invested in Ameren Corp (NYSE:AEE) for 5,704 shares. Texas Permanent School Fund stated it has 72,685 shares. Moreover, Ameriprise Financial has 0.06% invested in Ameren Corp (NYSE:AEE). Virginia Retirement Et Al invested in 0.18% or 250,900 shares. Public Sector Pension Inv Board holds 0.03% or 53,327 shares in its portfolio. Epoch Inv Partners Inc reported 0.92% in Ameren Corp (NYSE:AEE). Bnp Paribas Arbitrage holds 0.02% or 91,137 shares in its portfolio. Nordea Mngmt Ab reported 7,670 shares. Us Bankshares De holds 103,780 shares or 0.02% of its portfolio.

Ameren Corporation is a utility holding company. The company has market cap of $14.55 billion. The Company’s subsidiaries include Ameren Missouri, Ameren Illinois and Ameren Transmission Company . It has a 20.92 P/E ratio. It operates through four divisions.

Since June 9, 2017, it had 0 insider purchases, and 1 sale for $748,421 activity. BAXTER WARNER L had sold 13,310 shares worth $748,421 on Friday, June 9.

About 22,106 shares traded. Ameren Corp (NYSE:AEE) has risen 17.42% since September 12, 2016 and is uptrending. It has outperformed by 0.72% the S&P500.