Big Money Are Selling Ameriprise Financial Inc (NYSE:AMP), Sentiment at 0.92

June 27, 2018 - By Ronnie Lemelle

Ameriprise Financial, Inc. (NYSE:AMP) Corporate Logo

Ameriprise Financial Inc’s Sentiment

In Q1 2018 Ameriprise Financial Inc (NYSE:AMP) big money sentiment decreased to 0.92, according to SEC.gov filings. So its down -0.21, from 2017Q4’s 1.13. 255 investment professionals increased or opened new stock positions, while 276 decreased and sold positions in Ameriprise Financial Inc so the sentiment has dropped. These funds own 112.65 million shares, that’s down from 115.74 million shares in 2017Q4. Funds holding Ameriprise Financial Inc in top 10 changed to 8 from 12 for a decrease of 4. 39 Investors Sold All; 237 Reduced Holdings; 189 increased stakes while 66 investment professionals bought stakes.

Largest Ameriprise Financial Inc Investors

Lyrical Asset Management Lp owns 2.25 million shares in Ameriprise Financial Inc as of Q1 2018. Ameriprise Financial Inc’s shareholder Boyar Asset Management Inc. owns 33,256 shares as of Q1 2018. Atwood & Palmer Inc reported 145,359 shares. Northrock Partners Llc revealed 56,552 shares position in Ameriprise Financial Inc. The California-based fund Aristotle Capital Management Llc holds 2.70 million shares or 2.69% of their US long stock exposure.

Ameriprise Financial, Inc., through its subsidiaries, provides various financial services and products to individual and institutional clients in the United States and internationally.The firm is valued at $20.52 billion. The companyÂ’s Advice & Wealth Management segment provides financial planning and advice, as well as full-service brokerage services primarily to retail clients through its advisors.The P/E ratio is 13.14. The Company’s Asset Management segment offers investment management and advice, and investment products to retail, high net worth, and institutional clients through unaffiliated third party financial institutions and institutional sales force.

Ticker’s shares touched $141.86 during the last trading session after 0.09% change.Currently Ameriprise Financial, Inc. is uptrending after 16.00% change in last June 27, 2017. AMP has 344,084 shares volume. The stock outperformed the S&P500 by 3.43%.

On July, 24 is anticipated Ameriprise Financial, Inc. (NYSE:AMP)’s earnings report, Faxor reports. Analysts expect change of 26.43 % or $0.74 from previous year’s $2.8 earnings per share compared to current’s $3.54 earnings per share. This could hit $511.94M profit for AMP assuming the current $3.54 earnings per share will become reality. Wall Street sees -4.32 % negative EPS growth as of July, 24.

Beutel Goodman & has 0.67% invested in Ameriprise Financial, Inc. (NYSE:AMP). 3,338 were accumulated by Dreman Value L L C. 27,858 were accumulated by Public Employees Retirement Association Of Colorado. Parallax Volatility Advisers Lp holds 0% or 351 shs in its capital. Motco holds 391 shs or 0.01% of its capital. Dsm Capital Partners reported 10,470 shs or 0.02% of all its holdings. British Columbia Investment Corp owns 132,908 shs. X Management Ltd Liability Corporation reported 0.01% of its capital in Ameriprise Financial, Inc. (NYSE:AMP). Dubuque Commercial Bank Tru Communication owns 0.03% invested in Ameriprise Financial, Inc. (NYSE:AMP) for 1,073 shs. Hbk Sorce Advisory Ltd Limited Liability Company holds 0.03% of its capital in Ameriprise Financial, Inc. (NYSE:AMP) for 1,785 shs. Hilton Mngmt Ltd Com reported 0.06% in Ameriprise Financial, Inc. (NYSE:AMP). Wellington Mgmt Gp Llp has 0% invested in Ameriprise Financial, Inc. (NYSE:AMP) for 2,241 shs. Pub Sector Pension Invest Board invested in 22,302 shs or 0.02% of the stock. Fundx Inv Group Inc Ltd Liability Corporation invested 0.14% of its capital in Ameriprise Financial, Inc. (NYSE:AMP). 256,373 were reported by Alliancebernstein L P.

Ameriprise Financial, Inc. had 3 insider sales and 2 buys since January 26, 2018. This’s net activity of $5.60 million. On Friday, January 26 McGraw Deirdre Davey also sold $957,220 worth of Ameriprise Financial, Inc. (NYSE:AMP). On Wednesday, May 2 3,728 shs were bought by Berman Walter Stanley, worth $500,004. The insider Kupper Randy sold $699,256. The insider CRACCHIOLO JAMES M bought $1.01M.

Ameriprise Financial, Inc. (NYSE:AMP) Ratings Coverage

In total 8 analysts cover Ameriprise Financial (NYSE:AMP). “Buy” rating has 3, “Sell” are 0, while 5 are “Hold”. (NYSE:AMP) has 38% bullish analysts. With $217 highest and $15000 lowest price target, Ameriprise Financial has $171.57 average price target or 20.94% above the current ($141.86) price. 15 are the (NYSE:AMP)’s ratings reports on 27 Jun 2018 according to StockzIntelligence Inc. On Thursday, January 25 the stock of Ameriprise Financial, Inc. (NYSE:AMP) earned “Hold” rating by RBC Capital Markets. On Thursday, January 18 the company was maintained by SunTrust. On Thursday, April 5 the rating was maintained by Morgan Stanley with “Overweight”. The stock rating was maintained by Keefe Bruyette & Woods with “Buy” on Wednesday, April 11. On Tuesday, April 24 the firm has “Hold” rating by Sandler O’Neill given. On Thursday, January 18 the stock of Ameriprise Financial, Inc. (NYSE:AMP) earned “Hold” rating by Sandler O’Neill. On Tuesday, April 24 SunTrust maintained the shares of AMP in report with “Hold” rating. On Thursday, April 5 Sandler O’Neill maintained the shares of AMP in report with “Hold” rating. In Monday, February 12 report Sandler O’Neill maintained it with “Hold” rating and $165.0 target. On Thursday, January 25 the firm earned “Hold” rating by SunTrust.

Another two news for Ameriprise Financial, Inc. (NYSE:AMP) were recently posted by: Streetinsider.com on June 27, 2018 with title “AMP unit sued by Australia watchdog for alleged conflicted insurance advice”. The other Seekingalpha.com‘s article was titled “Ameriprise: Too Many Headwinds” and posted on June 25, 2018.

Ameriprise Financial, Inc. (NYSE:AMP) Analyst Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.