News headlines about Ameriprise Financial (NYSE:AMP) have been trending positive on Thursday, Accern reports. The research firm rates the sentiment of press coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Ameriprise Financial earned a daily sentiment score of 0.29 on Accern’s scale. Accern also assigned press coverage about the financial services provider an impact score of 46.3920205156091 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the media headlines that may have impacted Accern’s analysis:
- Scott E. Couto Joins Columbia Threadneedle as Head of North America (finance.yahoo.com)
- $3.12 Billion in Sales Expected for Ameriprise Financial, Inc. (AMP) This Quarter (americanbankingnews.com)
- Ameriprise Financial, Inc. (AMP) Given Consensus Recommendation of “Buy” by Brokerages (americanbankingnews.com)
- Ameriprise Financial Inc (NYSE:AMP) Is Trading At A 21% Discount To Its Price (finance.yahoo.com)
- $3.52 EPS Expected for Ameriprise Financial, Inc. (AMP) This Quarter (americanbankingnews.com)
Ameriprise Financial (NYSE AMP) opened at $160.11 on Thursday. Ameriprise Financial has a 1-year low of $118.84 and a 1-year high of $183.90. The company has a market capitalization of $23,690.00, a P/E ratio of 16.98 and a beta of 1.85. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 0.85.
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, February 28th. Stockholders of record on Friday, February 16th will be issued a dividend of $0.83 per share. The ex-dividend date is Thursday, February 15th. This represents a $3.32 dividend on an annualized basis and a dividend yield of 2.07%. Ameriprise Financial’s dividend payout ratio (DPR) is presently 35.21%.
Several research firms recently weighed in on AMP. SunTrust Banks boosted their target price on Ameriprise Financial to $180.00 and gave the stock a “hold” rating in a report on Friday, January 19th. Royal Bank of Canada set a $168.00 target price on Ameriprise Financial and gave the stock a “hold” rating in a report on Saturday, December 16th. Zacks Investment Research lowered Ameriprise Financial from a “buy” rating to a “hold” rating in a report on Tuesday, December 26th. ValuEngine lowered Ameriprise Financial from a “strong-buy” rating to a “buy” rating in a report on Friday, December 1st. Finally, Morgan Stanley boosted their target price on Ameriprise Financial from $187.00 to $190.00 and gave the stock an “overweight” rating in a report on Thursday, January 25th. Four research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Ameriprise Financial has an average rating of “Buy” and an average target price of $164.98.
In other news, insider David Kent Stewart sold 603 shares of the company’s stock in a transaction that occurred on Monday, November 27th. The stock was sold at an average price of $160.72, for a total transaction of $96,914.16. Following the completion of the transaction, the insider now directly owns 20,081 shares in the company, valued at $3,227,418.32. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Deirdre Davey Mcgraw sold 5,500 shares of the company’s stock in a transaction that occurred on Friday, January 26th. The stock was sold at an average price of $174.04, for a total value of $957,220.00. Following the transaction, the executive vice president now owns 8,138 shares of the company’s stock, valued at $1,416,337.52. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 49,628 shares of company stock valued at $8,570,993. Corporate insiders own 1.50% of the company’s stock.
Ameriprise Financial Company Profile
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.
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