Ameriprise Finl (AMP) Valuation Declined While Northrock Partners Has Trimmed Its Position by $752,152; As Smith A O Com (AOS) Market Value Rose, Shareholder Rhumbline Advisers Has Cut by $1.59 Million Its Position

February 6, 2018 - By Darrin Black

Northrock Partners Llc decreased its stake in Ameriprise Finl Inc (AMP) by 5.95% based on its latest 2017Q3 regulatory filing with the SEC. Northrock Partners Llc sold 5,048 shares as the company’s stock declined 2.45% while stock markets rallied. The institutional investor held 79,819 shares of the finance company at the end of 2017Q3, valued at $11.90M, down from 84,867 at the end of the previous reported quarter. Northrock Partners Llc who had been investing in Ameriprise Finl Inc for a number of months, seems to be less bullish one the $23.30 billion market cap company. The stock decreased 0.07% or $2.86 during the last trading session, reaching $157.53. About 519,728 shares traded. Ameriprise Financial, Inc. (NYSE:AMP) has risen 30.25% since February 6, 2017 and is uptrending. It has outperformed by 13.55% the S&P500.

Rhumbline Advisers decreased its stake in Smith A O Corp Com (AOS) by 8.63% based on its latest 2017Q3 regulatory filing with the SEC. Rhumbline Advisers sold 26,982 shares as the company’s stock rose 8.51% with the market. The institutional investor held 285,789 shares of the consumer electronics and appliances company at the end of 2017Q3, valued at $16.98 million, down from 312,771 at the end of the previous reported quarter. Rhumbline Advisers who had been investing in Smith A O Corp Com for a number of months, seems to be less bullish one the $10.51B market cap company. The stock decreased 0.13% or $0.44 during the last trading session, reaching $61.12. About 454,841 shares traded. A. O. Smith Corporation (NYSE:AOS) has risen 35.20% since February 6, 2017 and is uptrending. It has outperformed by 18.50% the S&P500.

Investors sentiment decreased to 0.97 in 2017 Q3. Its down 0.15, from 1.12 in 2017Q2. It dived, as 35 investors sold AMP shares while 228 reduced holdings. 76 funds opened positions while 178 raised stakes. 116.09 million shares or 1.34% more from 114.55 million shares in 2017Q2 were reported. 149,900 are owned by Point72 Asset Management Lp. Pettee Invsts owns 3,000 shares for 0.29% of their portfolio. C M Bidwell & Associates Limited reported 14 shares or 0% of all its holdings. Dnb Asset As holds 0.03% of its portfolio in Ameriprise Financial, Inc. (NYSE:AMP) for 17,184 shares. Alpine Woods Cap holds 0.02% or 2,100 shares in its portfolio. Mairs & Incorporated invested 0% in Ameriprise Financial, Inc. (NYSE:AMP). Stifel Financial reported 0.02% stake. Jfs Wealth Limited Liability Co reported 0.01% of its portfolio in Ameriprise Financial, Inc. (NYSE:AMP). Koch Incorporated reported 2,591 shares. Leisure Capital Mngmt has invested 1.95% in Ameriprise Financial, Inc. (NYSE:AMP). Ancora Advisors Limited Liability Corporation has invested 0.03% in Ameriprise Financial, Inc. (NYSE:AMP). World Asset Mgmt Incorporated accumulated 15,114 shares or 0.07% of the stock. Muhlenkamp reported 1,600 shares or 0.07% of all its holdings. Jpmorgan Chase And holds 0.14% or 4.39M shares in its portfolio. Teachers Retirement Systems Of The State Of Kentucky holds 195,650 shares.

Northrock Partners Llc, which manages about $837.47 million and $262.83 million US Long portfolio, upped its stake in Ishares Tr (IWP) by 9,170 shares to 136,590 shares, valued at $15.46M in 2017Q3, according to the filing. It also increased its holding in Ishares Tr (IWD) by 22,008 shares in the quarter, for a total of 303,396 shares, and has risen its stake in Clearbridge Energy Mlp Fd In (CEM).

Among 14 analysts covering Ameriprise Financial (NYSE:AMP), 6 have Buy rating, 0 Sell and 8 Hold. Therefore 43% are positive. Ameriprise Financial had 44 analyst reports since September 7, 2015 according to SRatingsIntel. On Wednesday, October 18 the stock rating was maintained by RBC Capital Markets with “Hold”. The stock of Ameriprise Financial, Inc. (NYSE:AMP) has “Outperform” rating given on Monday, January 11 by Credit Suisse. The firm has “Hold” rating given on Monday, December 19 by Suntrust Robinson. On Friday, June 30 the stock rating was initiated by RBC Capital Markets with “Sector Perform”. Morgan Stanley maintained it with “Overweight” rating and $152 target in Wednesday, July 26 report. The stock of Ameriprise Financial, Inc. (NYSE:AMP) earned “Hold” rating by RBC Capital Markets on Wednesday, July 26. On Wednesday, April 6 the stock rating was maintained by Citigroup with “Neutral”. The firm has “Market Perform” rating by Wells Fargo given on Wednesday, January 13. The firm has “Hold” rating by SunTrust given on Thursday, January 18. The stock has “Outperform” rating by RBC Capital Markets on Thursday, April 28.

Since August 10, 2017, it had 0 insider purchases, and 10 selling transactions for $16.64 million activity. TRUSCOTT WILLIAM F sold $5.45 million worth of stock. On Friday, January 26 the insider McGraw Deirdre Davey sold $957,220. On Friday, October 27 the insider Sweeney Joseph Edward sold $307,648. Woerner John Robert sold $1.45M worth of Ameriprise Financial, Inc. (NYSE:AMP) on Thursday, October 26. MOORE COLIN had sold 4,285 shares worth $690,271. Maglaque Charles Neal sold $282,412 worth of stock.

Since October 31, 2017, it had 0 insider buys, and 2 insider sales for $2.51 million activity. Martineau Peter R sold $1.32M worth of stock or 22,267 shares.

Investors sentiment increased to 1.14 in 2017 Q3. Its up 0.20, from 0.94 in 2017Q2. It increased, as 36 investors sold AOS shares while 132 reduced holdings. 73 funds opened positions while 118 raised stakes. 123.32 million shares or 19.18% less from 152.59 million shares in 2017Q2 were reported. Virtus Investment Advisers owns 22,129 shares or 0.14% of their US portfolio. Artisan Ptnrs Limited Partnership holds 0.18% or 1.64 million shares. Caisse De Depot Et Placement Du Quebec holds 23,400 shares. 31,599 were reported by Hartford Inv Com. Adage Prtn Ltd Liability Corp accumulated 409,476 shares. Patten Grp holds 11 shares or 0% of its portfolio. Korea Invest Corporation reported 21,000 shares. Cantab Cap Prtnrs Llp stated it has 4,258 shares or 0.04% of all its holdings. Oppenheimer Asset Mgmt stated it has 96 shares or 0% of all its holdings. Reilly Limited Liability owns 405 shares. Employees Retirement System Of Ohio reported 66,328 shares stake. Lpl Finance Ltd Liability Corporation holds 15,913 shares or 0% of its portfolio. Tiverton Asset Mngmt Ltd Llc reported 0.2% stake. Prelude Capital Management Ltd Co invested in 68 shares or 0% of the stock. Moreover, Hudock Capital Grp Lc has 0.08% invested in A. O. Smith Corporation (NYSE:AOS) for 2,779 shares.

Rhumbline Advisers, which manages about $34.12B and $45.99 billion US Long portfolio, upped its stake in Taubman Ctrs Inc Com (NYSE:TCO) by 7,277 shares to 132,362 shares, valued at $6.58 million in 2017Q3, according to the filing. It also increased its holding in Time Warner Inc Usd0.01 (NYSE:TWX) by 21,211 shares in the quarter, for a total of 1.36M shares, and has risen its stake in Kennametal Inc Cap (NYSE:KMT).

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:


>