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Ameriprise Financial reported strong earnings, yet faced mixed ownership changes and a "Hold" rating.
Ameriprise Financial saw mixed institutional ownership changes in the fourth quarter, with Copeland Capital Management reducing its stake by 13.2%, while others like the Czech National Bank and Tokio Marine Asset Management Co. increased their holdings.
Insiders also sold shares.
Ameriprise reported strong earnings of $9.36 per share, exceeding analysts' estimates.
The company's stock has a "Hold" rating and a price target of $509.33.
2 months ago
4 Articles