Ameriprise Finl INC (AMP) Shareholder Northrock Partners LLC Lowered Its Holding by $4.34 Million

May 26, 2018 - By Darrin Black

Ameriprise Financial, Inc. (NYSE:AMP) LogoInvestors sentiment increased to 1.13 in Q4 2017. Its up 0.16, from 0.97 in 2017Q3. It is positive, as 29 investors sold AMP shares while 218 reduced holdings. 81 funds opened positions while 199 raised stakes. 115.74 million shares or 0.30% less from 116.09 million shares in 2017Q3 were reported. Bnp Paribas Arbitrage Sa holds 0.03% or 103,629 shares in its portfolio. Rhumbline Advisers, Massachusetts-based fund reported 303,099 shares. Schwab Charles Investment Management Inc reported 0.08% stake. Wellington Shields Mngmt Ltd holds 0.09% or 3,372 shares in its portfolio. Dekabank Deutsche Girozentrale has invested 0.02% in Ameriprise Financial, Inc. (NYSE:AMP). State Of Tennessee Treasury Department reported 56,089 shares or 0.04% of all its holdings. Hbk Sorce Advisory Limited Liability Com reported 0.04% of its portfolio in Ameriprise Financial, Inc. (NYSE:AMP). Front Barnett Assoc Limited Liability Corp holds 2,190 shares. Assets Inv Mngmt Lc owns 20,590 shares. Columbus Circle Investors invested in 0.39% or 120,513 shares. Bb&T Corp reported 50,555 shares. Nordea Inv Management owns 0% invested in Ameriprise Financial, Inc. (NYSE:AMP) for 8,528 shares. West Oak Ltd, California-based fund reported 100 shares. Guinness Asset Mngmt accumulated 2,050 shares. Stratos Wealth Ptnrs Ltd owns 3,141 shares.

Since December 8, 2017, it had 2 insider buys, and 4 selling transactions for $6.84 million activity. TRUSCOTT WILLIAM F had sold 31,379 shares worth $5.45 million on Friday, January 26. Berman Walter Stanley bought $500,004 worth of stock or 3,728 shares. 7,400 shares were bought by CRACCHIOLO JAMES M, worth $1.01 million. $1.24M worth of stock was sold by Sweeney Joseph Edward on Friday, December 8. 5,500 Ameriprise Financial, Inc. (NYSE:AMP) shares with value of $957,220 were sold by McGraw Deirdre Davey.

Northrock Partners Llc decreased its stake in Ameriprise Finl Inc (AMP) by 32.17% based on its latest 2017Q4 regulatory filing with the SEC. Northrock Partners Llc sold 25,674 shares as the company’s stock declined 14.11% with the market. The institutional investor held 54,145 shares of the finance company at the end of 2017Q4, valued at $9.18 million, down from 79,819 at the end of the previous reported quarter. Northrock Partners Llc who had been investing in Ameriprise Finl Inc for a number of months, seems to be less bullish one the $20.57B market cap company. The stock decreased 0.27% or $0.39 during the last trading session, reaching $142.23. About 960,537 shares traded. Ameriprise Financial, Inc. (NYSE:AMP) has risen 17.58% since May 26, 2017 and is uptrending. It has outperformed by 6.03% the S&P500.

Analysts await Ameriprise Financial, Inc. (NYSE:AMP) to report earnings on July, 24. They expect $3.54 earnings per share, up 26.43 % or $0.74 from last year’s $2.8 per share. AMP’s profit will be $511.92M for 10.04 P/E if the $3.54 EPS becomes a reality. After $3.70 actual earnings per share reported by Ameriprise Financial, Inc. for the previous quarter, Wall Street now forecasts -4.32 % negative EPS growth.

More recent Ameriprise Financial, Inc. (NYSE:AMP) news were published by: Bizjournals.com which released: “Ameriprise shareholders revolt over pay for top executives” on April 30, 2018. Also Streetinsider.com published the news titled: “Australia’s Westpac cleared of rate rigging but bank inquiry sword stays” on May 24, 2018. Streetinsider.com‘s news article titled: “Foreign banks flex muscles in Australia as locals reel from scandals” with publication date: May 24, 2018 was also an interesting one.

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

Among 8 analysts covering Ameriprise Financial (NYSE:AMP), 3 have Buy rating, 0 Sell and 5 Hold. Therefore 38% are positive. Ameriprise Financial had 17 analyst reports since December 15, 2017 according to SRatingsIntel. The rating was maintained by RBC Capital Markets on Tuesday, April 24 with “Hold”. The rating was maintained by Morgan Stanley with “Overweight” on Thursday, April 5. The firm earned “Hold” rating on Thursday, January 18 by Sandler O’Neill. The rating was maintained by Sandler O’Neill with “Hold” on Tuesday, April 24. The firm has “Hold” rating by RBC Capital Markets given on Friday, December 15. The firm earned “Hold” rating on Thursday, January 25 by RBC Capital Markets. As per Wednesday, April 11, the company rating was maintained by Keefe Bruyette & Woods. The stock has “Hold” rating by SunTrust on Thursday, January 25. The rating was maintained by SunTrust on Thursday, January 18 with “Hold”. The firm earned “Overweight” rating on Thursday, January 25 by Morgan Stanley.

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

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