<div id="readability-page-1"><p>Thrivent Financial for Lutherans trimmed its position in shares of  Ameriprise Financial, Inc. (NYSE:AMP - Free Report) by 13.0% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor  owned 356,896 shares of the financial services provider's stock after selling 53,318 shares during the period. Thrivent Financial for Lutherans owned approximately 0.38% of Ameriprise Financial worth $190,468,000 as of its most recent filing with the Securities and Exchange Commission (SEC).</p><div><p><span></span><span>Get <strong>Ameriprise Financial</strong> alerts:</span></p></div><ul><li>Amprius Technologies Signals Electrifying Growth in 2026</li></ul><p>Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Whipplewood Advisors LLC lifted its position in  Ameriprise Financial by 71.0% in the second quarter. Whipplewood Advisors LLC now owns 53 shares of the financial services provider's stock worth $28,000 after buying an additional 22 shares during the last quarter.  TD Capital Management LLC raised its position in  Ameriprise Financial by 566.7% during the 1st quarter. TD Capital Management LLC now owns 60 shares of the financial services provider's stock valued at $29,000 after purchasing an additional 51 shares in the last quarter.  Wealth Preservation Advisors LLC purchased a new position in  Ameriprise Financial during the first quarter valued at approximately $29,000.  Salomon &amp; Ludwin LLC raised its position in shares of  Ameriprise Financial by 115.4% in the 2nd quarter. Salomon &amp; Ludwin LLC now owns 56 shares of the financial services provider's stock worth $30,000 after acquiring an additional 30 shares in the last quarter.  Finally, Winnow Wealth LLC purchased a new position in shares of  Ameriprise Financial in the 2nd quarter worth approximately $32,000. 83.95% of the stock is currently owned by hedge funds and other institutional investors. </p><h2>Wall Street Analysts Forecast Growth</h2><p>Several analysts have recently commented on the company. Keefe, Bruyette &amp; Woods decreased their price objective on Ameriprise Financial from $550.00 to $530.00 and set a &#34;market perform&#34; rating for the company in a report on Monday, November 3rd. Weiss Ratings  reissued a &#34;buy (b-)&#34; rating on shares of Ameriprise Financial in a report on Wednesday. Argus cut their price objective on shares of Ameriprise Financial from $568.00 to $554.00 and set a &#34;buy&#34; rating on the stock in a report on Thursday, November 13th. Morgan Stanley decreased their price objective on shares of Ameriprise Financial from $530.00 to $484.00 and set an &#34;underweight&#34; rating for the company in a research report on Wednesday, October 1st. Finally, BMO Capital Markets began coverage on shares of Ameriprise Financial in a research report on Friday, October 3rd. They set a &#34;market perform&#34; rating and a $525.00 target price on the stock. One analyst  has rated the stock with a Strong Buy rating, three have given a Buy rating, five have issued  a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of &#34;Hold&#34; and a consensus price target of $533.22.</p><ul><li>5 Stocks to Stuff Your Portfolio This November</li></ul><p><b>Read Our Latest Analysis on AMP</b></p><h2>Insider Activity at Ameriprise Financial</h2><p>In other news, Director Robert Francis Sharpe, Jr. sold 1,500 shares of the company's stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $450.94, for a total value of $676,410.00. Following the sale, the director owned 7,500 shares in the company, valued at $3,382,050. This represents a 16.67% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities &amp; Exchange Commission, which is available through the SEC website. 0.73% of the stock is owned by insiders. </p><h2>Ameriprise Financial Stock Down 1.0%</h2><ul><li>October’s Top 5 Stocks Poised for Big Breakouts</li></ul><p>AMP stock opened at $493.79 on Friday. The firm's fifty day simple moving average is $468.57 and its 200-day simple moving average is $497.20. The company has a market capitalization of $45.88 billion, a P/E ratio of 13.54, a price-to-earnings-growth ratio of 1.33 and a beta of 1.26. The company has a debt-to-equity ratio of 0.88, a current ratio of 0.68 and a quick ratio of 0.68. Ameriprise Financial, Inc. has a 12 month low of $396.14 and a 12 month high of $582.05. </p><p>Ameriprise Financial (NYSE:AMP - Get Free Report) last issued its earnings results on Thursday, October 30th. The financial services provider reported $9.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $9.76 by $0.16. The firm had revenue of $4.73 billion during the quarter, compared to analysts' expectations of $4.51 billion. Ameriprise Financial had a net margin of 20.12% and a return on equity of 64.97%. The firm's revenue was up 9.0% compared to the same quarter last year. During the same quarter last year, the company posted $9.02 earnings per share.  As a group, equities research analysts forecast that  Ameriprise Financial, Inc. will post 38.64 earnings per share for the current year. </p><h2>Ameriprise Financial Dividend Announcement</h2><p>The business also recently disclosed a quarterly dividend, which was paid on Monday, November 24th. Stockholders of record on Monday, November 10th were issued a $1.60 dividend. This represents a $6.40 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend was Monday, November 10th. Ameriprise Financial's payout ratio is 17.55%. </p><h2>About Ameriprise Financial</h2> (Free Report)<p>Ameriprise Financial, Inc, together with its subsidiaries, provides various financial products and services to individual and institutional clients in the United States and internationally. It operates through four segments: Advice &amp; Wealth Management, Asset Management, Retirement &amp; Protection Solutions, and Corporate &amp; Other.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Ameriprise Financial</li><li>How Investors Can Find the Best Cheap Dividend Stocks</li><li>Disney's $1 Billion Deal Brings Its Magic to OpenAI</li><li>3 Stocks to Protect Your Portfolio from the Coronavirus Contagion </li><li>Why Amazon Could Be a $300 Stock Within Weeks</li><li>How to Invest in Insurance Companies: A Guide </li><li>Adobe Gets Post-Earnings Lift: Long-Term Outlook Favors Upside</li></ul><p><strong>Want to see what other hedge funds are holding AMP?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ameriprise Financial, Inc. (NYSE:AMP - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUFNUA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUFNUA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Ameriprise Financial Right Now?</h2><p>Before you consider Ameriprise Financial, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ameriprise Financial wasn't on the list.</p><p>While Ameriprise Financial currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Thrivent Financial for Lutherans reduced its stake in Ameriprise Financial by 13% in Q2, selling 53,318 shares. The firm now holds 356,896 shares, valued at $190.47 million. Analysts have mixed ratings on Ameriprise, with a consensus 'Hold' rating and a price target of $533.22. The stock's recent performance shows a slight decline, with a current price of $493.79.</p>

Thrivent Financial for Lutherans Sells 53,318 Shares of Ameriprise Financial, Inc. $AMP