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

June 27, 2018 - By Mary Anderson

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, revealed SEC filings. So its down -0.21, from 2017Q4’s 1.13. 255 funds increased and started new holdings, while 276 cut down and sold their equity positions in Ameriprise Financial Inc so the sentiment turned negative. 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 decreased from 12 to 8 for a decrease of 4. In total 39 funds closed positions, 237 reduced and 189 increased. Also 66 funds bought new Ameriprise Financial Inc stakes.

Significant Ameriprise Financial Inc Shareholders

Lyrical Asset Management Lp owns 2.25 million shares in Ameriprise Financial Inc as of Q1 2018. As of Q1 2018, 33,256 shares of Ameriprise Financial Inc are owned by Boyar Asset Management Inc.. Atwood & Palmer Inc reported 145,359 shares. The Minnesota-based fund Northrock Partners Llc have invested about 2.72% of the investment manager’s stock portfolio in Ameriprise Financial Inc. The California-based fund Aristotle Capital Management Llc holds 2.70 million shares or 2.69% of their equity 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.13.14 is the P/E ratio. 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.

AMP touched $141.86 during the last trading session after $0.13 change.Ameriprise Financial, Inc. has volume of 344,084 shares. Since June 27, 2017 AMP has risen 16.00% and is uptrending. AMP outperformed the S&P500 by 3.43%.

On July, 24 Ameriprise Financial, Inc. (NYSE:AMP)’s earnings release is expected by WallStreet, as reported by Faxor. Analysts have expectation on stock’s EPS of $3.54. That’s up 26.43 % from last year’s $2.8 EPS. The profit will be $511.94 million for AMP if $3.54 EPS becomes true. Last quarter $3.70 EPS was reported. Analysts predicts -4.32 % negative EPS growth this quarter.

Stifel Financial has 51,191 shs. Fin Serv Corporation reported 0.04% of its capital in Ameriprise Financial, Inc. (NYSE:AMP). 4,580 were reported by Etrade Mgmt Ltd Liability Co. Trexquant Inv L P invested in 10,269 shs or 0.11% of the stock. Louisiana State Employees Retirement Systems invested in 0.06% or 8,900 shs. Arizona State Retirement Systems accumulated 0.08% or 51,745 shs. Sterling Limited Liability Com invested in 0.04% or 29,972 shs. Arrowstreet Partnership has 820,281 shs for 0.28% of their capital. Sumitomo Mitsui Asset Management has 10,097 shs for 0.02% of their capital. 110,089 are held by Pinebridge Invs L P. Rothschild Asset stated it has 196,160 shs or 0.32% of all its holdings. Pensionfund Dsm Netherlands has 18,500 shs for 0.49% of their capital. Hbk Invests Limited Partnership has invested 0.18% in Ameriprise Financial, Inc. (NYSE:AMP). Whittier Tru Com invested in 0% or 741 shs. Guardian Life Ins Com Of America has 0.01% invested in Ameriprise Financial, Inc. (NYSE:AMP) for 340 shs.

Ameriprise Financial, Inc. registered $5.60 million net activity with 2 insider purchases and 3 sales since January 26, 2018. TRUSCOTT WILLIAM F had sold 31,379 shs worth $5.45M on Friday, January 26. On Friday, February 23 Kupper Randy had sold 4,381 shs worth $699,256. On Thursday, May 10 $1.01M worth of Ameriprise Financial, Inc. (NYSE:AMP) was bought by CRACCHIOLO JAMES M. 5,500 shs were sold by McGraw Deirdre Davey, worth $957,220.

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

A total of 8 analysts rate Ameriprise Financial (NYSE:AMP) as follows: 3 “Buy”, 5 “Hold” and 0 “Sell”. Тherefore 38% are bullish. The firm has $217 highest and $15000 lowest target. The avg target $171.57 is 20.94% above the last ($141.86) price. (NYSE:AMP) has 15 ratings reports on 27 Jun 2018 according to StockzIntelligence. On Tuesday, April 24 the firm earned “Hold” rating by RBC Capital Markets. On Thursday, January 25 the rating was maintained by RBC Capital Markets with “Hold”. On Thursday, April 5 the firm has “Overweight” rating given by Morgan Stanley. On Thursday, April 5 Sandler O’Neill maintained the shares of AMP in report with “Hold” rating. On Thursday, January 25 the firm earned “Hold” rating by SunTrust. On Thursday, January 25 the stock has “Overweight” rating by Morgan Stanley. On Tuesday, April 24 the firm has “Hold” rating by SunTrust given. On Thursday, January 18 the stock of Ameriprise Financial, Inc. (NYSE:AMP) earned “Hold” rating by SunTrust. In Wednesday, April 11 report Keefe Bruyette & Woods maintained it with “Buy” rating and $18000 target. The company rating was maintained by Sandler O’Neill on Monday, February 12.

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

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

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