Ameriprise Financial Inc (NYSE:AMP) Sentiment Falls in 2018 Q1 to 0.92

June 27, 2018 - By Michael Higginson

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

“Big money” Positions

In 2018 Q1 Ameriprise Financial Inc (NYSE:AMP) big money sentiment decreased to 0.92, SEC.gov filings reveal. So its down -0.21, from 2017Q4’s 1.13. 255 investment managers opened new or increased stock positions, while 276 cut down and sold their stock positions in Ameriprise Financial Inc so the sentiment fall. Funds own 112.65 million shares, 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

As of 2018 Q1 Lyrical Asset Management Lp has 4.07% invested in Ameriprise Financial Inc. Ameriprise Financial Inc’s shareholder Boyar Asset Management Inc. owns 33,256 shares as of 2018 Q1. Atwood & Palmer Inc reported 145,359 shares. The Minnesota-based fund Northrock Partners Llc have invested about 2.72% of the institutional investor’s stock portfolio in Ameriprise Financial Inc. The California-based fund Aristotle Capital Management Llc looks positive on Ameriprise Financial Inc, possessing 2.70 million shares.

Ameriprise Financial, Inc., through its subsidiaries, provides various financial services and products to individual and institutional clients in the United States and internationally.The company has $20.52 billion market cap. 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.

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

Ameriprise Financial, Inc. (NYSE:AMP) is expected to publish earnings on July, 24., Faxor reports. Analysts forecast $3.54 earnings per share. That’s $0.74 up or 26.43 % from 2017’s earnings of $2.8. In case of $3.54 earnings per share AMP’s profit could hit $511.94 million. -4.32 % negative EPS growth is what Wall Street’s sees after $3.70 reported EPS previous quarter.

Adage Partners Ltd holds 0.07% of its capital in Ameriprise Financial, Inc. (NYSE:AMP) for 196,567 shs. First Republic Inv Management stated it has 0.1% in Ameriprise Financial, Inc. (NYSE:AMP). Amica Retiree Medical Trust invested in 1,035 shs. Brown Advisory Secs Llc owns 1,448 shs. Jpmorgan Chase & invested 0.13% in Ameriprise Financial, Inc. (NYSE:AMP). Moreover, Lingohr Partner Asset Mgmt Gmbh has 1.56% invested in Ameriprise Financial, Inc. (NYSE:AMP). Cibc Asset, a Ontario – Canada-based fund reported 13,415 shs. Intrust Retail Bank Na has invested 0.07% in Ameriprise Financial, Inc. (NYSE:AMP). Howe And Rusling Inc has 30 shs. Thompson Investment Incorporated, a Wisconsin-based fund reported 2,154 shs. Old Bank In has invested 0.01% in Ameriprise Financial, Inc. (NYSE:AMP). Highvista Strategies Limited Liability Company reported 0.1% in Ameriprise Financial, Inc. (NYSE:AMP). Calamos Lc owns 1,430 shs for 0% of their capital. Bridges Mgmt holds 0.42% in Ameriprise Financial, Inc. (NYSE:AMP) or 62,113 shs. Two Sigma Secs Ltd Company stated it has 0% in Ameriprise Financial, Inc. (NYSE:AMP).

Ameriprise Financial, Inc. had 3 selling transactions and 2 insider buys since January 26, 2018. This’s net activity of $5.60 million. On Thursday, May 10 7,400 shs were bought by CRACCHIOLO JAMES M, worth $1.01M. On Wednesday, May 2 Berman Walter Stanley had bought 3,728 shs worth $500,004. 4,381 shs were sold by Kupper Randy, worth $699,256 on Friday, February 23. On Friday, January 26 $5.45 million worth of Ameriprise Financial, Inc. (NYSE:AMP) was sold by TRUSCOTT WILLIAM F.

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”. 38% are bullish. With $217 highest and $15000 lowest PT Ameriprise Financial has $171.57 average PT or 20.94% above the current ($141.86) price. 15 are the (NYSE:AMP)’s analyst reports since January 18, 2018 according to StockzIntelligence Inc. On Wednesday, April 11 the stock has “Buy” rating by Keefe Bruyette & Woods. On Thursday, January 18 the company was maintained by SunTrust. On Thursday, April 5 the stock has “Hold” rating by Sandler O’Neill. On Tuesday, April 24 the rating was maintained by SunTrust with “Hold”. On Thursday, January 18 the firm earned “Hold” rating by Sandler O’Neill. On Tuesday, April 24 RBC Capital Markets maintained Ameriprise Financial, Inc. (NYSE:AMP) rating. RBC Capital Markets has “Hold” rating and $15800 target. On Thursday, January 25 the rating was maintained by SunTrust with “Hold”. On Thursday, January 25 the rating was maintained by RBC Capital Markets with “Hold”. On Thursday, January 25 the rating was maintained by Morgan Stanley with “Overweight”. The company rating was downgraded by Evercore on Friday, March 2.

Another two news for Ameriprise Financial, Inc. (NYSE:AMP) were briefly 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

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