We rank companies based on fund manager, research analyst and news sentiment
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Ameriprise Financial
AMP

$413.7
2.08%
 

About: Ameriprise Financial is a major player in the US market for asset and wealth management, with around $1.4 trillion in total assets under management and administration at the end of 2023. With about 10,000 advisors, Ameriprise has one of the largest branded advisor networks in the industry. About 80% of the company's revenue comes from its asset and wealth management segments. Ameriprise has reduced its exposure to insurance with the sale of its auto and home insurance business in 2019 and the exit of the sale of its proprietary fixed annuities in 2020.

Employees: 13,800

0
Funds holding %
of 6,474 funds
0
Analysts bullish %
of 16 analysts
0
News positive %
of 15 articles

Fund manager confidence

Based on 2023 Q4 SEC filings by fund managers ($100M+ AUM)

44% more first-time investments, than exits

New positions opened: 153 | Existing positions closed: 106

16% more capital invested

Capital invested by funds: $27.5B [Q3] → $31.8B (+$4.32B) [Q4]

7% more funds holding in top 10

Funds holding in top 10: 15 [Q3] → 16 (+1) [Q4]

4% more funds holding

Funds holding: 1,060 [Q3] → 1,107 (+47) [Q4]

1.47% more ownership

Funds ownership: 81.31% [Q3] → 82.77% (+1.47%) [Q4]

22% less repeat investments, than reductions

Existing positions increased: 327 | Existing positions reduced: 421

26% less call options, than puts

Call options by funds: $54.8M | Put options by funds: $74.1M

Research analyst outlook

16 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$365
12%
downside
Avg. target
$425
3%
upside
High target
$488
18%
upside

16 analyst ratings

positive
44%
neutral
50%
negative
6%
Evercore ISI Group
Thomas Gallagher
8%upside
$445
In-Line
Maintained
11 Apr 2024
Keefe, Bruyette & Woods
Ryan Krueger
11%upside
$460
Market Perform
Maintained
10 Apr 2024
Morgan Stanley
Michael Cyprys
6%upside
$437
Equal-Weight
Maintained
9 Apr 2024
Piper Sandler
John Barnidge
5%downside
$392
Underweight
Maintained
5 Apr 2024
Goldman Sachs
Alexander Blostein
18%upside
$488
Buy
Maintained
27 Mar 2024

Financial journalist opinion

Based on 15 articles about AMP published over the past 30 days