It operates through four segments: Advice & Wealth Management, Asset Management, Retirement & Protection Solutions, and Corporate & Other. Ameriprise Financial Company ProfileĪmeriprise Financial, Inc, through its subsidiaries, provides various financial products and services to individual and institutional clients in the United States and internationally. Stock repurchase plans are often a sign that the company’s board believes its stock is undervalued. This repurchase authorization permits the financial services provider to buy up to 9.5% of its stock through open market purchases. Ameriprise Financial’s payout ratio is 21.98%.Īmeriprise Financial announced that its board has approved a stock buyback plan on Wednesday, July 26th that permits the company to repurchase $3.50 billion in outstanding shares. The ex-dividend date is Friday, November 3rd. This represents a $5.40 annualized dividend and a yield of 1.61%. Shareholders of record on Monday, November 6th will be paid a $1.35 dividend. The business also recently announced a quarterly dividend, which will be paid on Friday, November 17th. Ameriprise Financial Dividend Announcement Institutional investors and hedge funds own 82.62% of the company’s stock. Ltd Zurich now owns 433,657 shares of the financial services provider’s stock valued at $144,043,000 after acquiring an additional 432,623 shares in the last quarter. Ltd Zurich lifted its stake in Ameriprise Financial by 41,839.7% in the 2nd quarter. Truist Financial Corp now owns 583,486 shares of the financial services provider’s stock valued at $178,839,000 after purchasing an additional 502,185 shares in the last quarter. Truist Financial Corp lifted its holdings in shares of Ameriprise Financial by 617.7% during the 1st quarter. now owns 1,492,217 shares of the financial services provider’s stock valued at $164,644,000 after purchasing an additional 1,117,684 shares in the last quarter. lifted its holdings in shares of Ameriprise Financial by 298.4% during the 1st quarter. Norges Bank bought a new position in shares of Ameriprise Financial during the 4th quarter valued at about $389,527,000. Moneta Group Investment Advisors LLC now owns 1,587,613 shares of the financial services provider’s stock valued at $494,335,000 after buying an additional 1,586,121 shares during the period. Moneta Group Investment Advisors LLC lifted its stake in Ameriprise Financial by 106,308.4% in the fourth quarter. Several hedge funds have recently added to or reduced their stakes in AMP. Hedge Funds Weigh In On Ameriprise Financial Ameriprise Financial has a 52 week low of $275.09 and a 52 week high of $358.02. The stock has a market capitalization of $34.04 billion, a PE ratio of 13.69, a PEG ratio of 0.72 and a beta of 1.45. The company has a debt-to-equity ratio of 1.51, a quick ratio of 0.57 and a current ratio of 0.57. The stock’s fifty day moving average is $330.07 and its 200-day moving average is $326.55. Shares of AMP stock opened at $336.36 on Monday. Check Out Our Latest Stock Analysis on Ameriprise Financial Ameriprise Financial Price Performance
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