Ameriprise Financial Services, Inc. (AMP) Stake Held by Caisse DE Depot ET Placement DU Quebec

Caisse DE Depot ET Placement DU Quebec continued to hold its stake in Ameriprise Financial Services, Inc. (NYSE:AMP) during the first quarter, Holdings Channel reports. The fund owned 4,823 shares of the financial services provider’s stock at the end of the first quarter. Caisse DE Depot ET Placement DU Quebec’s holdings in Ameriprise Financial Services were worth $626,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of the stock. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC raised its stake in Ameriprise Financial Services by 0.5% in the first quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 828 shares of the financial services provider’s stock worth $108,000 after buying an additional 4 shares during the last quarter. Savant Capital LLC raised its stake in Ameriprise Financial Services by 0.7% in the first quarter. Savant Capital LLC now owns 3,067 shares of the financial services provider’s stock worth $398,000 after buying an additional 20 shares during the last quarter. Dubuque Bank & Trust Co. raised its stake in Ameriprise Financial Services by 2.4% in the first quarter. Dubuque Bank & Trust Co. now owns 954 shares of the financial services provider’s stock worth $124,000 after buying an additional 22 shares during the last quarter. Private Advisor Group LLC raised its stake in Ameriprise Financial Services by 1.1% in the first quarter. Private Advisor Group LLC now owns 2,608 shares of the financial services provider’s stock worth $334,000 after buying an additional 28 shares during the last quarter. Finally, First Bank & Trust raised its stake in Ameriprise Financial Services by 2.2% in the first quarter. First Bank & Trust now owns 1,850 shares of the financial services provider’s stock worth $240,000 after buying an additional 40 shares during the last quarter. 80.82% of the stock is currently owned by hedge funds and other institutional investors.

Institutional Ownership by Quarter for Ameriprise Financial Services (NYSE:AMP)

Ameriprise Financial Services, Inc. (AMP) opened at 125.55 on Monday. The stock has a market cap of $19.14 billion, a price-to-earnings ratio of 15.28 and a beta of 1.86. The firm’s 50 day moving average price is $126.00 and its 200-day moving average price is $123.65. Ameriprise Financial Services, Inc. has a 52 week low of $84.92 and a 52 week high of $135.20.

Ameriprise Financial Services (NYSE:AMP) last posted its quarterly earnings data on Monday, April 24th. The financial services provider reported $2.70 EPS for the quarter, topping analysts’ consensus estimates of $2.52 by $0.18. The firm had revenue of $2.91 billion during the quarter, compared to analyst estimates of $2.89 billion. Ameriprise Financial Services had a net margin of 11.44% and a return on equity of 24.75%. The company’s revenue was up 4.9% on a year-over-year basis. During the same quarter last year, the business posted $2.17 EPS. Analysts expect that Ameriprise Financial Services, Inc. will post $10.88 EPS for the current year.

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A number of equities research analysts recently issued reports on the company. Deutsche Bank AG reaffirmed a “hold” rating and issued a $140.00 target price (up previously from $137.00) on shares of Ameriprise Financial Services in a research note on Thursday, April 20th. BidaskClub raised Ameriprise Financial Services from a “sell” rating to a “hold” rating in a research note on Tuesday, June 20th. Citigroup Inc. reaffirmed a “buy” rating on shares of Ameriprise Financial Services in a research note on Monday, April 3rd. Zacks Investment Research raised Ameriprise Financial Services from a “hold” rating to a “buy” rating and set a $145.00 target price on the stock in a research note on Monday, April 10th. Finally, SunTrust Banks, Inc. reaffirmed a “hold” rating and issued a $127.00 target price (up previously from $124.00) on shares of Ameriprise Financial Services in a research note on Wednesday, April 26th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and six have issued a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $129.07.

In other Ameriprise Financial Services news, VP Kelli A. Hunter sold 943 shares of Ameriprise Financial Services stock in a transaction on Monday, May 8th. The shares were sold at an average price of $128.80, for a total transaction of $121,458.40. Following the completion of the sale, the vice president now owns 39,919 shares of the company’s stock, valued at approximately $5,141,567.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 1.50% of the company’s stock.

About Ameriprise Financial Services

Ameriprise Financial, Inc is a financial services company that offers financial solutions to individual and institutional clients. The Company operates in five segments: Advice & Wealth Management; Asset Management; Annuities; Protection, and Corporate & Other. The Company uses Ameriprise Financial as its enterprise brand, as well as the name of its advisor network and certain of its retail products and services.

Want to see what other hedge funds are holding AMP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ameriprise Financial Services, Inc. (NYSE:AMP).

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