Epoch Investment Partners Has Decreased Ameren (AEE) Position By $46.08 Million; Tenneco Has 0.99 Sentiment

January 17, 2018 - By Marie Mckinney

Epoch Investment Partners Inc decreased Ameren Corp (AEE) stake by 15.52% reported in 2017Q3 SEC filing. Epoch Investment Partners Inc sold 808,385 shares as Ameren Corp (AEE)’s stock rose 4.18%. The Epoch Investment Partners Inc holds 4.40M shares with $254.57 million value, down from 5.21 million last quarter. Ameren Corp now has $13.55 billion valuation. The stock increased 0.69% or $0.38 during the last trading session, reaching $55.84. About 927,033 shares traded. Ameren Corporation (NYSE:AEE) has risen 17.42% since January 17, 2017 and is uptrending. It has outperformed by 0.72% the S&P500.

Tenneco Inc. designs, manufactures, and distributes clean air and ride performance products and systems for light vehicle, commercial truck, off-highway, and other vehicle applications worldwide. The company has market cap of $3.21 billion. The firm offers various vehicle emission control products and systems, including catalytic converters and diesel oxidation catalysts, diesel particulate filters, burner systems, lean nitrogen oxide traps, hydrocarbon vaporizers and injectors, selective catalytic reduction (SCR)systems, SCR-coated diesel particulate filters (SDPF) systems, urea dosing systems, four-way catalysts, alternative NOx reduction technologies, mufflers and resonators, fabricated exhaust manifolds, pipes, hydroformed assemblies, elastomeric hangers and isolators, and after treatment control units. It has a 18.89 P/E ratio. It also provides ride performance products and systems, such as shock absorbers; struts; vibration control components; kinetic suspension technology systems, dual-mode suspension solutions, semi-active and active suspension systems, and kinetic H2/CVSA continuously variable semi active suspension systems; and other ride performance products comprising load assist products, springs, steering stabilizers, adjustable suspension systems, suspension kits, and modular assemblies.

Analysts await Tenneco Inc. (NYSE:TEN) to report earnings on February, 6. They expect $1.63 earnings per share, down 2.40% or $0.04 from last year’s $1.67 per share. TEN’s profit will be $84.08 million for 9.54 P/E if the $1.63 EPS becomes a reality. After $1.67 actual earnings per share reported by Tenneco Inc. for the previous quarter, Wall Street now forecasts -2.40% negative EPS growth.

Dean Capital Management holds 2.48% of its portfolio in Tenneco Inc. for 87,400 shares. New Amsterdam Partners Llc Ny owns 185,183 shares or 2.35% of their US portfolio. Moreover, Moon Capital Management Lp has 2.03% invested in the company for 123,653 shares. The New York-based Lyrical Asset Management Lp has invested 1.85% in the stock. Hillcrest Asset Management Llc, a Texas-based fund reported 166,600 shares.

Ratings analysis reveals 33% of Tenneco’s analysts are positive. Out of 3 Wall Street analysts rating Tenneco, 1 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $62.0 while the high is $70.0. The stock’s average target of $66 is 6.09% above today’s ($62.21) share price. TEN was included in 3 notes of analysts from November 30, 2016. On Wednesday, November 30 the stock rating was initiated by Jefferies with “Hold”. On Wednesday, January 25 the stock rating was downgraded by Susquehanna to “Neutral”. Barclays Capital maintained it with “Overweight” rating and $70.0 target in Thursday, January 12 report.

Since January 1, 0001, it had 0 insider buys, and 8 selling transactions for $4.98 million activity.

The stock decreased 2.32% or $1.48 during the last trading session, reaching $62.21. About 515,544 shares traded or 19.00% up from the average. Tenneco Inc. (TEN) has risen 7.45% since January 17, 2017 and is uptrending. It has underperformed by 9.25% the S&P500.

Analysts await Ameren Corporation (NYSE:AEE) to report earnings on February, 15. They expect $0.33 earnings per share, up 153.85% or $0.20 from last year’s $0.13 per share. AEE’s profit will be $80.07 million for 42.30 P/E if the $0.33 EPS becomes a reality. After $1.24 actual earnings per share reported by Ameren Corporation for the previous quarter, Wall Street now forecasts -73.39% negative EPS growth.

Among 8 analysts covering Ameren (NYSE:AEE), 1 have Buy rating, 2 Sell and 5 Hold. Therefore 13% are positive. Ameren had 19 analyst reports since July 28, 2015 according to SRatingsIntel. The rating was maintained by Morgan Stanley with “Equal-Weight” on Monday, November 13. The stock of Ameren Corporation (NYSE:AEE) earned “Equal-Weight” rating by Morgan Stanley on Friday, September 8. The stock of Ameren Corporation (NYSE:AEE) has “Neutral” rating given on Tuesday, July 28 by Goldman Sachs. The stock has “Underweight” rating by Morgan Stanley on Wednesday, December 13. The firm has “Overweight” rating given on Thursday, August 10 by Morgan Stanley. The stock of Ameren Corporation (NYSE:AEE) earned “Equal-Weight” rating by Barclays Capital on Thursday, May 25. Wolfe Research upgraded the stock to “Outperform” rating in Monday, August 3 report. The stock of Ameren Corporation (NYSE:AEE) has “Neutral” rating given on Wednesday, October 19 by UBS. On Monday, May 16 the stock rating was maintained by Barclays Capital with “Overweight”. Goldman Sachs downgraded the shares of AEE in report on Monday, June 26 to “Sell” rating.

Epoch Investment Partners Inc increased At&T Inc (NYSE:T) stake by 640,310 shares to 9.78M valued at $383.01M in 2017Q3. It also upped Danaher Corp Del (NYSE:DHR) stake by 5,046 shares and now owns 3.95M shares. Lindblad Expeditions Hldgs I was raised too.

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