Shares of AMERIPRISE FINANCIAL SERVICES (NYSE:AMP) Sees Large Inflow of Net Money Flow

AMERIPRISE FINANCIAL SERVICES (NYSE:AMP) dropped -0.43% or -0.43 points to trade at $99.13 per share. As per the latest trading data available, the net money flow stood at $1.16 million as the shares received $1.45 million in upticks and gave away $0.28 million in downticks. The final up/down ratio was at 5.1. On a weekly basis, the stock has seen a change of -1.37%.During the course of the session, the shares witnessed a block trade with an up/down ratio of 0. $1.15 million was the inflow in upticks and $0 million was the outflow in downticks. For the block trade, the net money flow was $1.15 million.


Currently the company Insiders own 1.4% of AMERIPRISE FINANCIAL SERVICES shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -9.57% . Institutional Investors own 84.38% of AMERIPRISE FINANCIAL SERVICES shares. During last six month period, the net percent change held by insiders has seen a change of -22.34%. On the companys insider trading activities,The officer (Exec VP of Human Resources) of Ameriprise Financial Inc, Hunter Kelli A sold 3,486 shares at $102.07 on June 1, 2016. The Insider selling transaction had a total value worth of $355,816. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

AMERIPRISE FINANCIAL SERVICES (NYSE:AMP) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.7 points or 0.7% at $98.85 with 1,295,299 shares getting traded. Post opening the session at $98.85, the shares hit an intraday low of $98.75 and an intraday high of $100.14 and the price was in this range throughout the day. The company has a market cap of $16,391 million and the number of outstanding shares have been calculated to be 165,813,450 shares. The 52-week high of AMERIPRISE FINANCIAL SERVICES (NYSE:AMP) is $129.99 and the 52-week low is $75.995.

Many analysts have stated their opinion on the company shares. Citigroup maintains their rating on the shares of AMERIPRISE FINANCIAL SERVICES (NYSE:AMP). The current rating of the shares is Neutral. Equity Analysts at the Firm raises the price target to $99 per share from $94 per share. The rating by the firm was issued on April 6, 2016.

Ameriprise Financial, Inc. (Ameriprise Financial) is a holding company primarily engaged in business through its subsidiaries. Ameriprise Financial is a diversified financial services company that offers financial solutions to individual and institutional clients. The Company operates in four segments: Advice & Wealth Management, Asset Management, Annuities and Protection. The Advice & Wealth Management segment provides financial planning and advice, as well as full-service brokerage services, primarily to retail clients through advisors. The Asset Management segment provides investment advice and investment products to retail, high net worth and institutional clients on a global scale through Columbia Management and Threadneedle. The Annuities segment provides variable and fixed annuity products of RiverSource Life companies to individual clients. The Protection segment offers a variety of products to address the protection and risk management needs of retail clients.

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