Ameriprise Financial, Inc. (NYSE:AMP) garners significant attention from institutional investors, indicated by an 86% ownership. Cambridge Investment Research Advisors Inc. sold 168 shares of the company. Over the past five years, the company's return clocked a stellar 220%, pleasing investors. The company successfully closed its first year as an independent, public entity while outperforming competitors in trading. Recently, Ameriprise Financial launched new ads showcasing the company's client experience. The company's stock recorded a new 52-week high at $442.79. Despite slight underperformance compared to competitors on some days, it remains a robust investment. Big players like Corient Private Wealth LLC and HSBC Holdings PLC boosted their positions in the company. Notably, the company completed the sale of its defined contribution recordkeeping business to Wachovia Corp. Ameriprise Financial announced major grants for nonprofits nationwide and received the 2016 Corporate Philanthropy Award. Amidst fulfilling corporate responsibility, the company posted strong Q4 2023 adjusted operating earnings growth. However, AMP stock insiders selling US$33m indicates a possible bearish signal.
Ameriprise Financial AMP News Analytics from Thu, 02 Nov 2023 07:00:00 GMT to Sun, 02 Jun 2024 12:01:34 GMT -
Rating 7
- Innovation 2
- Information 8
- Rumor -3
