As Ameriprise Finl INC Com (AMP) Share Value Declined, Shareholder Boston Advisors LLC Has Upped Holding

February 24, 2018 - By Richard Conner

Investors sentiment decreased to 0.97 in 2017 Q3. Its down 0.15, from 1.12 in 2017Q2. It is negative, as 35 investors sold AMP shares while 228 reduced holdings. 76 funds opened positions while 178 raised stakes. 116.09 million shares or 1.34% more from 114.55 million shares in 2017Q2 were reported. 71,042 were accumulated by Toronto Dominion Commercial Bank. 4,794 were accumulated by Assetmark Inc. Fukoku Mutual Life Ins stated it has 0.03% in Ameriprise Financial, Inc. (NYSE:AMP). First Financial Corp In invested in 0.02% or 200 shares. Cwm Limited Liability Corporation holds 610 shares or 0% of its portfolio. Todd Asset Llc invested in 1.13% or 274,098 shares. Armstrong Shaw Associate Inc Ct holds 0.27% or 2,020 shares in its portfolio. Blackrock owns 0.08% invested in Ameriprise Financial, Inc. (NYSE:AMP) for 10.63 million shares. Finemark Fincl Bank has 2,469 shares. Guardian Life Insur Comm Of America reported 346 shares stake. Icon Advisers Communication holds 0.06% of its portfolio in Ameriprise Financial, Inc. (NYSE:AMP) for 5,600 shares. Tudor Corporation Et Al has invested 0.03% in Ameriprise Financial, Inc. (NYSE:AMP). Barrett Asset Management Limited Liability Com reported 0.01% in Ameriprise Financial, Inc. (NYSE:AMP). Fayez Sarofim And reported 0% stake. Valley National Advisers Inc holds 0% or 6 shares.

Since October 26, 2017, it had 0 buys, and 9 insider sales for $10.94 million activity. Maglaque Charles Neal sold $282,412 worth of Ameriprise Financial, Inc. (NYSE:AMP) on Friday, October 27. Another trade for 9,022 shares valued at $1.45 million was sold by Woerner John Robert. Sweeney Joseph Edward sold $307,648 worth of stock or 1,904 shares. TRUSCOTT WILLIAM F sold 31,379 shares worth $5.45 million. McGraw Deirdre Davey sold 1,000 shares worth $160,772. Kupper Randy sold $396,205 worth of stock.

Boston Advisors Llc increased its stake in Ameriprise Finl Inc Com (AMP) by 42.58% based on its latest 2017Q3 regulatory filing with the SEC. Boston Advisors Llc bought 52,511 shares as the company’s stock declined 2.45% while stock markets rallied. The institutional investor held 175,841 shares of the finance company at the end of 2017Q3, valued at $26.11 million, up from 123,330 at the end of the previous reported quarter. Boston Advisors Llc who had been investing in Ameriprise Finl Inc Com for a number of months, seems to be bullish on the $23.71B market cap company. The stock increased 1.44% or $2.27 during the last trading session, reaching $160.28. About 770,974 shares traded. Ameriprise Financial, Inc. (NYSE:AMP) has risen 30.25% since February 24, 2017 and is uptrending. It has outperformed by 13.55% the S&P500.

Boston Advisors Llc, which manages about $2.55 billion and $4.42 billion US Long portfolio, decreased its stake in Cvs Health Corp Com (NYSE:CVS) by 248,340 shares to 158,460 shares, valued at $12.89M in 2017Q3, according to the filing. It also reduced its holding in Check Point Software Tech Ltd (NASDAQ:CHKP) by 67,120 shares in the quarter, leaving it with 85,375 shares, and cut its stake in Sanmina Sci Corp Com (NASDAQ:SANM).

More recent Ameriprise Financial, Inc. (NYSE:AMP) news were published by: Seekingalpha.com which released: “Ameriprise Financial, Inc. (AMP) CEO James Cracchiolo Q4 2017 Results …” on January 25, 2018. Also Nasdaq.com published the news titled: “Ex-Dividend Reminder: Ameriprise Financial, Brookline Bancorp and GEO Group” on February 13, 2018. Gurufocus.com‘s news article titled: “Ameriprise Financial Inc (AMP) Files 10-K for the Fiscal Year Ended on …” with publication date: February 23, 2018 was also an interesting one.

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

Among 14 analysts covering Ameriprise Financial (NYSE:AMP), 6 have Buy rating, 0 Sell and 8 Hold. Therefore 43% are positive. Ameriprise Financial had 45 analyst reports since September 7, 2015 according to SRatingsIntel. The firm has “Outperform” rating given on Monday, January 11 by Credit Suisse. The stock of Ameriprise Financial, Inc. (NYSE:AMP) earned “Outperform” rating by RBC Capital Markets on Thursday, October 22. The firm earned “Hold” rating on Friday, December 15 by RBC Capital Markets. The stock has “Outperform” rating by Keefe Bruyette & Woods on Monday, October 12. The firm has “Neutral” rating given on Wednesday, April 6 by Citigroup. The stock of Ameriprise Financial, Inc. (NYSE:AMP) earned “Overweight” rating by Morgan Stanley on Wednesday, July 26. The stock has “Hold” rating by Sandler O’Neill on Thursday, January 18. RBC Capital Markets maintained Ameriprise Financial, Inc. (NYSE:AMP) on Wednesday, October 25 with “Hold” rating. The rating was maintained by Barclays Capital with “Equal-Weight” on Friday, January 29. As per Monday, February 12, the company rating was maintained by Sandler O’Neill.

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