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

June 27, 2018 - By Margaret Staats

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

Positions for Ameriprise Financial Inc (NYSE:AMP)

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 active investment managers started new or increased holdings, while 276 cut down and sold 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. 39 Investors Sold All; 237 Reduced Holdings; 189 increased holdings while 66 active investment managers bought holdings.

Largest Ameriprise Financial Inc Shareholders

As of Q1 2018 Lyrical Asset Management Lp has 4.07% invested in Ameriprise Financial Inc. As of Q1 2018, 33,256 shares of Ameriprise Financial Inc are owned by Boyar Asset Management Inc.. In addition, Atwood & Palmer Inc reported 145,359 shares in Ameriprise Financial Inc equivalent to 3.07% of its fund portfolio. 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 fund portfolio.

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.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.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%.

Earnings report for Ameriprise Financial, Inc. (NYSE:AMP) is anticipated on July, 24., Zacks reports. EPS of $3.54 is 26.43 % up from 2017’s $2.8 EPS. If the current EPS of $3.54 is accurate, AMP’s profit could hit $511.94 million. -4.32 % negative EPS growth is what Wall Street’s predicts after $3.70 reported EPS previous quarter.

Moreover, Price T Rowe Assocs Md has 0.05% invested in Ameriprise Financial, Inc. (NYSE:AMP). Nelson Van Denburg And Campbell Wealth Management Grp Inc Limited Liability Corp holds 0% of its capital in Ameriprise Financial, Inc. (NYSE:AMP) for 6 shs. Macquarie Gp Limited holds 63,275 shs or 0.02% of its capital. Tocqueville Asset Limited Partnership owns 5,593 shs or 0.01% of their US capital. Mai Cap Management invested 0.02% of its capital in Ameriprise Financial, Inc. (NYSE:AMP). Natixis reported 135,997 shs. Strategic Glob Advisors Limited Co accumulated 0.68% or 13,387 shs. Savant Cap Lc has 0.1% invested in Ameriprise Financial, Inc. (NYSE:AMP). Atlantic Tru Group Inc Ltd Company reported 141,279 shs. Strs Ohio holds 0% or 7,293 shs. Dnb Asset Mgmt As owns 17,584 shs. Assetmark accumulated 38,149 shs. First Interstate Savings Bank stated it has 0% in Ameriprise Financial, Inc. (NYSE:AMP). Susquehanna Grp Llp stated it has 0% in Ameriprise Financial, Inc. (NYSE:AMP). Wedge Cap Management L Lp Nc holds 0.3% in Ameriprise Financial, Inc. (NYSE:AMP) or 211,134 shs.

Ameriprise Financial, Inc. registered $5.60 million net activity with 2 insider buys and 3 selling transactions since January 26, 2018. $957,220 worth of Ameriprise Financial, Inc. (NYSE:AMP) shs were sold by McGraw Deirdre Davey. CRACCHIOLO JAMES M bought $1.01M worth of stock or 7,400 shs. Berman Walter Stanley had bought 3,728 shs worth $500,004 on Wednesday, May 2. TRUSCOTT WILLIAM F also sold $5.45M worth of Ameriprise Financial, Inc. (NYSE:AMP) shs.

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

Total analysts of 8 have positions in Ameriprise Financial (NYSE:AMP) as follows: 3 rated it a “Buy”, 0 with “Sell” and 5 with “Hold”. The positive are 38%. The firm has $217 highest while $15000 is the lowest target price. The average target $171.57 is 20.94% above the last ($141.86) price. Since January 18, 2018 according to StockzIntelligence Inc Ameriprise Financial has 15 analyst reports. On Monday, February 12 the rating was maintained by Sandler O’Neill with “Hold”. On Tuesday, April 24 the stock has “Hold” rating by Sandler O’Neill. On Thursday, January 25 the rating was maintained by RBC Capital Markets with “Hold”. The stock rating was maintained by Morgan Stanley with “Overweight” on Thursday, January 25. On Tuesday, April 24 the rating was maintained by SunTrust with “Hold”. The stock rating was maintained by Morgan Stanley with “Overweight” on Thursday, April 5. On Thursday, January 25 the firm has “Hold” rating by SunTrust given. On Tuesday, April 24 RBC Capital Markets maintained the shares of AMP in report with “Hold” rating. On Thursday, January 18 the stock of Ameriprise Financial, Inc. (NYSE:AMP) has “Hold” rating given by Sandler O’Neill. In Thursday, January 18 report SunTrust maintained it with “Hold” rating and $180.0 target.

Another two news for Ameriprise Financial, Inc. (NYSE:AMP) were briefly brought out 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 brought out on June 27, 2018.

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

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