Ameriprise Financial, Inc. (AMP) Receives "Equal Weight" Rating from Barclays PLC

Ivan Schwartz
June 1, 2017

(NYSE:AMP) or 123,316 shares. It has outperformed by 8.30% the S&P500. (NYSE:AMP). Chevy Chase Tru Holding Incorporated reported 0.08% stake. State Street Corp now owns 8,434,256 shares of the financial services provider's stock worth $935,690,000 after buying an additional 488,951 shares during the period. Dean Investment Associates LLC now owns 6,087 shares of the financial services provider's stock valued at $789,000 after buying an additional 1,061 shares in the last quarter.

The weekly performance of Ameriprise Financial, Inc.is -2.81%, presenting a monthly performance value of -4.80% with the quarterly performance value of -6.72%. Loomis Sayles LP owns 368,390 shares for 0.1% of their portfolio. $718,216 worth of Ameriprise Financial, Inc. Facebook Inc (NASDAQ:FB) has risen 26.75% since May 30, 2016 and is uptrending. It has outperformed by 13.55% the S&P500.

Among 11 analysts covering Ameriprise Financial (NYSE:AMP), 5 have Buy rating, 0 Sell and 6 Hold. Therefore 94% are positive.

Several other equities research analysts have also recently weighed in on the stock. Citigroup downgraded the stock to "Neutral" rating in Tuesday, March 29 report. The stock has "Buy" rating by Cantor Fitzgerald on Tuesday, November 10. O Shaughnessy Asset Management LLC now owns 864,610 shares of the financial services provider's stock worth $97,502,000 after buying an additional 364,934 shares during the period.

Investors sentiment decreased to 1.25 in Q4 2016. Its up 0.16, from 0.75 in 2016Q3. On average, analysts expect that Ameriprise Financial will post $10.86 earnings per share for the current year. 156 funds opened positions while 618 raised stakes. 7,900 were reported by Icon Advisers Company. Ameriprise Financial, Inc. (NYSE:AMP) presently has a 10 month price index of 1.31192. First Trust Advisors L P reported 0.05% in Msci Inc (NYSE:MSCI). The institutional investor owned 56,793 shares of the financial services provider's stock after selling 335 shares during the period. The Virginia-based Ejf Capital Llc has invested 0.17% in the stock.

A number of hedge funds have recently bought and sold shares of AMP.

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Efg Asset Management Americas Corp decreased Ameriprise Finl Inc (AMP) stake by 24% reported in 2016Q4 SEC filing. Point72 Asia (Hong Kong) holds 899 shares. Fj Capital Management Llc owns 258,200 shares or 0.48% of their U.S. portfolio. The Gradient Investments Llc holds 269 shares with $30,000 value, down from 49,459 last quarter.

MSCI Inc. offers products and services to support the needs of institutional investors throughout their investment processes. The company has a market capitalization of $18.34 billion, a price-to-earnings ratio of 14.642 and a beta of 1.77. The P/E ratio is one of the most common ratios used for figuring out whether a company is overvalued or undervalued. All Other segment comprises environmental, social and governance and Real Estate divisions.

In related news, VP Kelli A. Hunter sold 943 shares of the firm's stock in a transaction that occurred on Monday, May 8th. On Monday, January 9 the insider Pettit CD Baer sold $173,139. Shares for $2.07M were sold by TRUSCOTT WILLIAM F on Friday, February 3.

According to the the latest analyst ratings which have been released, 3 brokers have issued a rating of "buy", 4 brokers "outperform", 5 brokers "hold", 0 brokers "underperform" and 0 brokers "sell". Therefore 45% are positive.

04/28/2016 - AMERIPRISE FINANCIAL SERVICES, INC. had its "overweight" rating reiterated by analysts at Piper Jaffray. The company was upgraded on Monday, January 9 by Credit Suisse.

Ameriprise Financial (NYSE:AMP) last posted its quarterly earnings data on Monday, April 24th. The company was downgraded on Monday, December 19 by SunTrust. (NYSE:BWA) earned "Buy" rating by Goldman Sachs on Wednesday, November 18. They now have a $130.00 price target on the financial services provider's stock, up from their prior price target of $127.00. (NYSE:AMP) has "Outperform" rating given on Monday, October 12 by Keefe Bruyette & Woods. Barclays Capital maintained Ameriprise Financial, Inc. (NYSE:AMP) is 7. A score of nine indicates a high value stock, while a score of one indicates a low value stock. Deutsche Bank AG reaffirmed a "hold" rating and issued a $140.00 target price (up previously from $137.00) on shares of Ameriprise Financial in a report on Thursday, April 20th. Savant Capital LLC increased its position in shares of Ameriprise Financial by 0.7% in the first quarter. Its up 0.16, from 0.75 in 2016Q3. Raymond James Financial Services Advisors Inc.'s holdings in Ameriprise Financial were worth $2,340,000 as of its most recent filing with the SEC. BlackRock Inc. raised its stake in Ameriprise Financial by 1,709.0% in the first quarter. The financial services provider reported $2.70 earnings per share for the quarter, topping analysts' consensus estimates of $2.52 by $0.18. Highland Cap Mgmt Limited Liability Company accumulated 48,982 shares or 0.46% of the stock. Moreover, Voloridge Inv Management Ltd Limited Liability Company has 0.13% invested in Ameriprise Financial, Inc. (NYSE:AMP) for last month was 0.95851. Mitchell Sinkler And Starr Pa has 2,112 shares. Edinburgh Limited holds 0.01% or 643 shares in its portfolio. Keeley Asset Management holds 0.06% of its portfolio in Ameriprise Financial, Inc. (NYSE:AMP) or 30,168 shares. Deutsche Retail Bank Ag reported 1.86M shares or 0.17% of all its holdings. This is a boost from Ameriprise Financial's previous quarterly dividend of $0.75. (NYSE:AMP) for 7,881 shares. (NYSE:AMP) for 53,824 shares. A ratio over one indicates an increase in share price over the period. Ontario Teachers Pension Plan Board holds 12,007 shares. Baird Financial Group Inc. increased its position in shares of Ameriprise Financial by 71.9% in the first quarter. (NYSE:AMP) shares. Sweeney Joseph Edward sold 4,487 shares worth $513,604.

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