Ameriprise Financial, Inc. (AMP) has an advantageous position with 87% of its ownership by institutional investors. This reflects a strong institutional backing for the company. The firm has reported a continued increase in short interest as well as significant price gains for its investors. In recent years, those who held Ameriprise shares have seen returns in the range of
251%-302%. It's a popular choice among brokerages, gaining a $487.67 average price target. Notably, the stock has recently reached a
52-week high and momentum is believed to continue. In the Q3 earnings preview, Ameriprise is expected to show more growth. However, there have been talks of insider stock sales of about $36m, which could hint at potential weakness. The company has also declared regular quarterly dividends and recruited over 400 new advisors. Despite underperforming at times compared to competitors, AMP has clinched
J.D. Power Service Excellence Certifications and Brandon Hall Group Excellence Awards. The company's insiders selling stock worth $35m might reveal potential weaknesses. Finally, Ameriprise has been celebrating a 130-year Anniversary showing its unyielding commitment to clients.
Ameriprise Financial AMP News Analytics from Sat, 06 Apr 2024 07:00:00 GMT to Sat, 04 Jan 2025 14:00:11 GMT -
Rating 7
- Innovation 3
- Information 8
- Rumor 2
