As Ameriprise Finl INC (AMP) Shares Declined, Shareholder Prudential Financial INC Decreased Stake by $8.10 Million

Ameriprise Financial, Inc. (NYSE:AMP) Corporate LogoBig Money Sentiment increased to 0.94 in Q3 2018. It has change of 0.04, from 2018Q2’s 0.9. The ratio improved due to AMP positioning: 37 sold and 221 reduced. 80 funds acquired holdings and 162 increased holdings. Investors holded 107.51 million in 2018Q2 but now own 105.41 million shares or 1.95% less. New York-based Blackrock Inc has invested 0.07% in Ameriprise Financial, Inc. (NYSE:AMP). Royal Natl Bank Of Canada accumulated 838,074 shs or 0.05% of the stock. Eagle Glob Ltd Liability Corporation owns 1,605 shs for 0.01% of their capital. Brown Advisory reported 1.14M shs. Ent Financial Ser invested in 0.04% or 575 shs. Howland Capital Management Ltd Liability Corporation accumulated 3,169 shs or 0.04% of the stock. Cwm Ltd Com has 0% invested in Ameriprise Financial, Inc. (NYSE:AMP) for 836 shs. Smithfield Tru Co has invested 0.02% in Ameriprise Financial, Inc. (NYSE:AMP). Regions Financial Corp holds 0.02% or 11,105 shs in its capital. Nuwave Inv Management Ltd holds 0% or 16 shs. First Business holds 5,130 shs. California State Teachers Retirement System reported 243,633 shs. Hudock Grp Ltd Liability Co reported 0.01% in Ameriprise Financial, Inc. (NYSE:AMP). Edge Wealth Mngmt Ltd reported 100 shs. Neuberger Berman Grp Llc reported 8,839 shs.

Based on the latest 2018Q3 regulatory filing with the SEC, Prudential Financial Inc reduced its stake in Ameriprise Finl Inc (AMP) by 4.65%. 55,119 shares were sold by Prudential Financial Inc as the company’s stock declined 21.45% with the market. At the end of 2018Q3, the 1.13 million shares of the finance company held by the institutional investor were valued at $166.72 million, down from 1.18M at the end of the previous reported quarter. Ameriprise Finl Inc has $15.90B MC. AMP reached $114.11 during the last trading session after $0.67 change.Ameriprise Financial, Inc. has volume of 747,901 shares. Since January 14, 2018 AMP has declined 32.90% and is downtrending. AMP underperformed the S&P 500 by 32.90%.

Prudential Financial Inc operates about $67.89B US Long portfolio. According to a filing the fund increased its stake in Yum Brands Inc (NYSE:YUM) by 41,220 shares to 406,433 shares, valued at $36.95 million in 2018Q3. For a total of 1.34M shares it increased its holding in Williams Cos Inc Del (NYSE:WMB) by 360,164 shares in the quarter, and has risen its stake in Jefferies Finl Group Inc.

Ameriprise Financial, Inc. (NYSE:AMP)’s earnings report is expected on January, 30 after the close., Faxor reports. Analysts predict 18.10 % diference or $3.85 from the $3.26 EPS from 2018. This could be $536.52M profit for AMP assuming the current $3.85 EPS will become reality. Wall Street sees 2.94 % EPS growth as of January, 30.

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

A total of 4 analysts rate Ameriprise Financial (NYSE:AMP) as follows: 3 “Buy”, 1 “Hold” and 0 “Sell”. Š¢herefore 75% are bullish. (NYSE:AMP) has 6 ratings reports on Jan 14, 2019 according to StockzIntelligence. The stock rating was maintained by Morgan Stanley with “Overweight” on Tuesday, November 13. The company rating was maintained by Morgan Stanley on Friday, January 11. The company rating was maintained by Morgan Stanley on Wednesday, July 25. On Friday, August 17 the stock has “Neutral” rating by Credit Suisse. On Wednesday, October 24 the stock has “Buy” rating by UBS. On Wednesday, January 9 the firm has “Overweight” rating given by Barclays Capital.

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

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