Were Analysts Bullish Ameriprise Financial, Inc. (NYSE:AMP) This Week?

June 19, 2017 - By Marguerite Chambers

 Were Analysts Bullish Ameriprise Financial, Inc. (NYSE:AMP) This Week?
Investors sentiment increased to 0.91 in 2016 Q4. Its up 0.16, from 0.75 in 2016Q3. It increased, as 46 investors sold Ameriprise Financial, Inc. shares while 229 reduced holdings. 77 funds opened positions while 173 raised stakes. 119.53 million shares or 0.47% more from 118.97 million shares in 2016Q3 were reported.
Gradient Invs Limited Liability reported 269 shares stake. Pub Sector Pension Investment Board holds 0.04% or 34,933 shares. Ubs Oconnor Ltd Limited Liability Company stated it has 0% in Ameriprise Financial, Inc. (NYSE:AMP). Great Lakes Advsr Ltd Liability Corp accumulated 1.7% or 581,619 shares. Bokf Na holds 0.19% or 51,450 shares in its portfolio. Sunbelt Securities holds 0% or 574 shares in its portfolio. Ferguson Wellman Capital Management Inc has invested 0.45% in Ameriprise Financial, Inc. (NYSE:AMP). Dekabank Deutsche Girozentrale has 0.01% invested in Ameriprise Financial, Inc. (NYSE:AMP). Ashfield Capital Ptnrs Limited Liability Com reported 14,713 shares. Macquarie Gp has invested 0.02% of its portfolio in Ameriprise Financial, Inc. (NYSE:AMP). Howland Cap Management Ltd Limited Liability Company holds 0.03% or 3,112 shares in its portfolio. Bnp Paribas Arbitrage, a New York-based fund reported 7,299 shares. Rafferty Asset Mngmt Llc holds 7,901 shares. 724,000 are held by State Of New Jersey Common Pension Fund D. Cibc Markets Inc has invested 0% of its portfolio in Ameriprise Financial, Inc. (NYSE:AMP).

Since February 3, 2017, it had 0 insider purchases, and 17 sales for $20.15 million activity. TRUSCOTT WILLIAM F sold $2.07 million worth of Ameriprise Financial, Inc. (NYSE:AMP) on Friday, February 3. The insider Sweeney Joseph Edward sold 5,889 shares worth $723,299. 3,916 Ameriprise Financial, Inc. (NYSE:AMP) shares with value of $504,702 were sold by HUNTER KELLI A. Shares for $2.61 million were sold by MOORE COLIN on Friday, March 31. $718,216 worth of Ameriprise Financial, Inc. (NYSE:AMP) shares were sold by Woerner John Robert. Kupper Randy had sold 3,327 shares worth $431,529. $268,827 worth of stock was sold by McGraw Deirdre Davey on Tuesday, February 14.

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

Among 11 analysts covering Ameriprise Financial (NYSE:AMP), 5 have Buy rating, 0 Sell and 6 Hold. Therefore 45% are positive. Ameriprise Financial had 25 analyst reports since September 7, 2015 according to SRatingsIntel. The firm has “Buy” rating by Citigroup given on Thursday, January 26. As per Wednesday, March 23, the company rating was initiated by SunTrust. The stock has “Equal-Weight” rating by Barclays Capital on Friday, January 29. Wells Fargo downgraded the shares of AMP in report on Wednesday, January 13 to “Market Perform” rating. The firm earned “Neutral” rating on Friday, October 7 by Credit Suisse. As per Monday, December 19, the company rating was downgraded by SunTrust. As per Thursday, October 22, the company rating was maintained by Barclays Capital. Zacks upgraded the shares of AMP in report on Monday, September 7 to “Hold” rating. Keefe Bruyette & Woods maintained the stock with “Outperform” rating in Monday, October 12 report. The rating was maintained by RBC Capital Markets with “Outperform” on Thursday, April 28. Below is a list of Ameriprise Financial, Inc. (NYSE:AMP) latest ratings and price target changes.

26/04/2017 Broker: Barclays Capital Rating: Equal Weight Old Target: $127.00 New Target: $130.00 Target Up
21/04/2017 Broker: Deutsche Bank Rating: Hold Old Target: $137.00 New Target: $140.00 Target Up
02/03/2017 Broker: William Blair Rating: Outperform Initiates Coverage On
26/01/2017 Broker: Citigroup Rating: Buy Initiate
09/01/2017 Broker: Credit Suisse Old Rating: Neutral New Rating: Outperform Upgrade

About 54,703 shares traded. Ameriprise Financial, Inc. (NYSE:AMP) has risen 30.25% since June 19, 2016 and is uptrending. It has outperformed by 13.55% the S&P500.

Ameriprise Financial, Inc. is a financial services firm that offers financial solutions to individual and institutional clients. The company has market cap of $20.13 billion. The Firm operates in five divisions: Advice & Wealth Management; Asset Management; Annuities; Protection, and Corporate & Other. It has a 15.92 P/E ratio. The Firm uses Ameriprise Financial as its enterprise brand, as well as the name of its advisor network and certain of its retail services and products.

More recent Ameriprise Financial, Inc. (NYSE:AMP) news were published by: Seekingalpha.com which released: “Ameriprise Financial: Double-Digit Shareholder Yield” on June 16, 2017. Also Insurancenewsnet.com published the news titled: “Ameriprise Financial Reports 1Q Results” on June 05, 2017. Businesswire.com‘s news article titled: “Ameriprise Financial Brings Together 4000 Volunteers Nationwide to End Hunger” with publication date: June 15, 2017 was also an interesting one.

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