As Ameriprise Financial (AMP) Share Price Declined, Holder Renaissance Group Has Lowered Its Position by $2.21 Million; Talara Capital Management Upped Halliburton Co (HAL) Position by $840,384

May 25, 2018 - By Ellis Scott

Ameriprise Financial, Inc. (NYSE:AMP) Logo

Renaissance Group Llc decreased its stake in Ameriprise Financial Inc (AMP) by 5.95% based on its latest 2017Q4 regulatory filing with the SEC. Renaissance Group Llc sold 13,081 shares as the company’s stock declined 14.11% with the market. The institutional investor held 206,897 shares of the finance company at the end of 2017Q4, valued at $35.06M, down from 219,978 at the end of the previous reported quarter. Renaissance Group Llc who had been investing in Ameriprise Financial Inc for a number of months, seems to be less bullish one the $20.63 billion market cap company. The stock increased 0.32% or $0.45 during the last trading session, reaching $142.62. About 780,306 shares traded. Ameriprise Financial, Inc. (NYSE:AMP) has risen 17.58% since May 25, 2017 and is uptrending. It has outperformed by 6.03% the S&P500.

David Zusman increased its stake in Halliburton Co (HAL) by 6.2% based on its latest 2017Q4 regulatory filing with the SEC. Talara Capital Management Llc bought 17,508 shares as the company’s stock declined 2.35% with the market. The hedge fund run by David Zusman held 299,785 shares of the oilfield services and equipment company at the end of 2017Q4, valued at $14.65M, up from 282,277 at the end of the previous reported quarter. Talara Capital Management Llc who had been investing in Halliburton Co for a number of months, seems to be bullish on the $45.79 billion market cap company. The stock decreased 1.23% or $0.65 during the last trading session, reaching $52.27. About 6.35M shares traded. Halliburton Company (NYSE:HAL) has declined 1.88% since May 25, 2017 and is downtrending. It has underperformed by 13.43% the S&P500.

Renaissance Group Llc, which manages about $2.96B US Long portfolio, upped its stake in Pandora A/S by 26,225 shares to 589,877 shares, valued at $16.07 million in 2017Q4, according to the filing. It also increased its holding in Cisco Systems Inc (NASDAQ:CSCO) by 830,108 shares in the quarter, for a total of 894,948 shares, and has risen its stake in Capcom Co Ltd.

Analysts await Ameriprise Financial, Inc. (NYSE:AMP) to report earnings on July, 24. They expect $3.54 earnings per share, up 26.43% or $0.74 from last year’s $2.8 per share. AMP’s profit will be $511.94 million for 10.07 P/E if the $3.54 EPS becomes a reality. After $3.70 actual earnings per share reported by Ameriprise Financial, Inc. for the previous quarter, Wall Street now forecasts -4.32% negative EPS growth.

Investors sentiment increased to 1.13 in 2017 Q4. Its up 0.16, from 0.97 in 2017Q3. It improved, as 29 investors sold AMP shares while 218 reduced holdings. 81 funds opened positions while 199 raised stakes. 115.74 million shares or 0.30% less from 116.09 million shares in 2017Q3 were reported. Moreover, Toronto Dominion Bankshares has 0.04% invested in Ameriprise Financial, Inc. (NYSE:AMP). Mitsubishi Ufj Tru & Banking invested in 0.09% or 312,389 shares. Fdx Advsr Inc has 8,682 shares. Loomis Sayles And Ltd Partnership accumulated 150,292 shares. Muhlenkamp stated it has 0.08% of its portfolio in Ameriprise Financial, Inc. (NYSE:AMP). California Employees Retirement System stated it has 439,227 shares. 3,759 are held by D E Shaw &. Farmers Merchants Incorporated reported 31,161 shares. First Quadrant Lp Ca stated it has 2,500 shares. Colony Group Ltd invested in 0.13% or 12,340 shares. Credit Suisse Ag invested in 267,735 shares. Leavell Invest Mgmt holds 0.08% in Ameriprise Financial, Inc. (NYSE:AMP) or 3,807 shares. Umb Bancshares N A Mo accumulated 0.02% or 3,136 shares. Envestnet Asset Management Inc invested 0.04% of its portfolio in Ameriprise Financial, Inc. (NYSE:AMP). Etrade Capital Mngmt reported 4,324 shares or 0.02% of all its holdings.

Since December 8, 2017, it had 2 buys, and 4 selling transactions for $6.84 million activity. CRACCHIOLO JAMES M had bought 7,400 shares worth $1.01M on Thursday, May 10. $957,220 worth of Ameriprise Financial, Inc. (NYSE:AMP) shares were sold by McGraw Deirdre Davey. Shares for $500,004 were bought by Berman Walter Stanley on Wednesday, May 2. $699,256 worth of Ameriprise Financial, Inc. (NYSE:AMP) was sold by Kupper Randy on Friday, February 23. Sweeney Joseph Edward had sold 7,329 shares worth $1.24 million.

Among 15 analysts covering Ameriprise Financial (NYSE:AMP), 5 have Buy rating, 0 Sell and 10 Hold. Therefore 33% are positive. Ameriprise Financial had 54 analyst reports since September 7, 2015 according to SRatingsIntel. Keefe Bruyette & Woods maintained the stock with “Buy” rating in Wednesday, April 11 report. Keefe Bruyette & Woods maintained Ameriprise Financial, Inc. (NYSE:AMP) on Thursday, July 27 with “Buy” rating. On Wednesday, January 13 the stock rating was downgraded by Wells Fargo to “Market Perform”. The rating was maintained by Morgan Stanley with “Overweight” on Thursday, January 25. On Wednesday, October 25 the stock rating was maintained by RBC Capital Markets with “Hold”. Keefe Bruyette & Woods maintained the stock with “Buy” rating in Thursday, December 21 report. The stock of Ameriprise Financial, Inc. (NYSE:AMP) earned “Hold” rating by SunTrust on Monday, December 19. The stock of Ameriprise Financial, Inc. (NYSE:AMP) earned “Hold” rating by Sandler O’Neill on Thursday, April 5. The rating was upgraded by Zacks on Monday, September 7 to “Hold”. RBC Capital Markets initiated the stock with “Sector Perform” rating in Friday, June 30 report.

More recent Ameriprise Financial, Inc. (NYSE:AMP) news were published by: Bizjournals.com which released: “Ameriprise shareholders revolt over pay for top executives” on April 30, 2018. Also Streetinsider.com published the news titled: “Australia’s Westpac cleared of rate rigging but bank inquiry sword stays” on May 24, 2018. Streetinsider.com‘s news article titled: “Foreign banks flex muscles in Australia as locals reel from scandals” with publication date: May 24, 2018 was also an interesting one.

More news for Halliburton Company (NYSE:HAL) were recently published by: Bizjournals.com, which released: “Halliburton shareholders vote against executive compensation plan” on May 22, 2018. Seekingalpha.com‘s article titled: “Venezuela Stymies Halliburton” and published on April 29, 2018 is yet another important article.

Talara Capital Management Llc, which manages about $249.36 million and $188.65M US Long portfolio, decreased its stake in Transdigm Group Inc (NYSE:TDG) by 10,613 shares to 50,252 shares, valued at $13.80 million in 2017Q4, according to the filing. It also reduced its holding in Newmont Mining Corp (NYSE:NEM) by 65,598 shares in the quarter, leaving it with 82,543 shares, and cut its stake in Eog Res Inc (NYSE:EOG).

Investors sentiment increased to 1.15 in Q4 2017. Its up 0.30, from 0.85 in 2017Q3. It is positive, as 54 investors sold HAL shares while 283 reduced holdings. 125 funds opened positions while 261 raised stakes. 675.47 million shares or 0.60% less from 679.57 million shares in 2017Q3 were reported. Scotia Cap Incorporated, Ontario – Canada-based fund reported 33,937 shares. Moreover, Teachers Retirement Systems Of The State Of Kentucky has 0.14% invested in Halliburton Company (NYSE:HAL). Lenox Wealth Advsr has 0% invested in Halliburton Company (NYSE:HAL) for 98 shares. 5,753 are held by Fisher Asset Mngmt Ltd Llc. Bank Pictet And Cie (Asia) Limited reported 0.98% of its portfolio in Halliburton Company (NYSE:HAL). Menora Mivtachim Limited has 386,245 shares. Moreover, Sir Capital Mgmt LP has 2.83% invested in Halliburton Company (NYSE:HAL) for 262,194 shares. Metropolitan Life Insur New York has invested 0.11% in Halliburton Company (NYSE:HAL). Oppenheimer Inc reported 54,744 shares stake. Mutual Of America Capital Mngmt Ltd accumulated 108,163 shares. Guggenheim Limited Liability Company reported 1.16 million shares or 0.13% of all its holdings. Pennsylvania stated it has 29,629 shares or 0.06% of all its holdings. Nikko Asset Mngmt Americas Inc holds 1.40 million shares. Mai Cap stated it has 8,000 shares. Advisor Prtn Ltd holds 0.17% or 17,450 shares.

Among 42 analysts covering Halliburton Company (NYSE:HAL), 38 have Buy rating, 0 Sell and 4 Hold. Therefore 90% are positive. Halliburton Company had 160 analyst reports since July 21, 2015 according to SRatingsIntel. RBC Capital Markets maintained the stock with “Buy” rating in Thursday, December 21 report. The firm has “Buy” rating given on Wednesday, January 13 by Seaport Global. The stock of Halliburton Company (NYSE:HAL) earned “Outperform” rating by Oppenheimer on Thursday, October 1. J.P. Morgan maintained Halliburton Company (NYSE:HAL) rating on Tuesday, January 23. J.P. Morgan has “Buy” rating and $60.0 target. On Wednesday, May 4 the stock rating was maintained by iBERIA Capital Partners with “Outperform”. Nomura maintained the stock with “Buy” rating in Thursday, July 21 report. Howard Weil maintained the shares of HAL in report on Wednesday, January 27 with “Sector Perform” rating. Deutsche Bank maintained the stock with “Buy” rating in Thursday, July 21 report. Citigroup maintained the stock with “Buy” rating in Monday, October 5 report. The rating was maintained by Morgan Stanley with “Overweight” on Tuesday, April 19.

Since January 2, 2018, it had 0 buys, and 10 sales for $8.39 million activity. McKeon Timothy sold 4,583 shares worth $251,835. $1.60M worth of Halliburton Company (NYSE:HAL) shares were sold by Miller Jeffrey Allen. 2,301 shares were sold by Carre Eric, worth $112,337 on Tuesday, January 2. Shares for $83,844 were sold by Beaty Anne L. on Tuesday, January 9. Brown James S sold 12,977 shares worth $713,475.

Halliburton Company (NYSE:HAL) Institutional Positions Chart

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.

By1 Ellis Scott

Automatic Stock Updates

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








Recent Posts