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Ameriprise Financial (AMP) Holder Meeder Asset Management Has Lowered Position by $1.67 Million; As S&T Bancorp (STBA) Valuation Declined, Wedge Capital Management L LP Cut Its Holding by $954,759

Wedge Capital Management L LP decreased its stake in S&T Bancorp Inc. (STBA) by 5.62% based on its latest 2017Q3 regulatory filing with the SEC. Wedge Capital Management L LP sold 24,481 shares as the company’s stock declined 9.91% while stock markets rallied. The institutional investor held 410,798 shares of the finance company at the end of 2017Q3, valued at $16.26M, down from 435,279 at the end of the previous reported quarter. Wedge Capital Management L LP who had been investing in S&T Bancorp Inc. for a number of months, seems to be less bullish one the $1.41 billion market cap company. The stock decreased 1.25% or $0.51 during the last trading session, reaching $40.34. About 29,444 shares traded. S&T Bancorp, Inc. (NASDAQ:STBA) has risen 34.99% since February 22, 2017 and is uptrending. It has outperformed by 18.29% the S&P500.

Meeder Asset Management Inc decreased its stake in Ameriprise Financial Inc (AMP) by 41.75% based on its latest 2017Q3 regulatory filing with the SEC. Meeder Asset Management Inc sold 11,271 shares as the company’s stock declined 2.45% while stock markets rallied. The institutional investor held 15,725 shares of the finance company at the end of 2017Q3, valued at $2.33M, down from 26,996 at the end of the previous reported quarter. Meeder Asset Management Inc who had been investing in Ameriprise Financial Inc for a number of months, seems to be less bullish one the $23.42B market cap company. The stock decreased 0.67% or $1.06 during the last trading session, reaching $158.32. About 482,654 shares traded. Ameriprise Financial, Inc. (NYSE:AMP) has risen 30.25% since February 22, 2017 and is uptrending. It has outperformed by 13.55% the S&P500.

Investors sentiment decreased to 0.97 in 2017 Q3. Its down 0.15, from 1.12 in 2017Q2. It dived, as 35 investors sold AMP shares while 228 reduced holdings. 76 funds opened positions while 178 raised stakes. 116.09 million shares or 1.34% more from 114.55 million shares in 2017Q2 were reported. Teacher Retirement Of Texas invested in 0.05% or 51,454 shares. Aureus Asset Mngmt Ltd Llc holds 0.04% in Ameriprise Financial, Inc. (NYSE:AMP) or 1,908 shares. Stratos Wealth Limited reported 4,160 shares. Macquarie Grp Inc Ltd holds 0.02% of its portfolio in Ameriprise Financial, Inc. (NYSE:AMP) for 68,046 shares. Fiduciary Tru, Massachusetts-based fund reported 1,804 shares. Carroll Fincl Assocs owns 2,363 shares or 0.04% of their US portfolio. Nordea Investment Management has 8,579 shares for 0% of their portfolio. Gamco Invsts Et Al reported 23,950 shares. E&G Advsr LP reported 2,600 shares stake. Tortoise Investment Management Ltd Liability Com stated it has 30 shares. Voya Investment Mngmt Limited Co, Georgia-based fund reported 1.90 million shares. National Asset accumulated 2,608 shares. Cwm Ltd Llc owns 610 shares. Robeco Institutional Asset Bv invested 0.1% in Ameriprise Financial, Inc. (NYSE:AMP). Moreover, Schroder Inv Mgmt Group has 0.01% invested in Ameriprise Financial, Inc. (NYSE:AMP).

Meeder Asset Management Inc, which manages about $3.85 billion and $918.27 million US Long portfolio, upped its stake in Bed Bath & Beyond Inc (NASDAQ:BBBY) by 37,171 shares to 74,948 shares, valued at $1.76 million in 2017Q3, according to the filing. It also increased its holding in Marsh & Mclennan Cos Inc (NYSE:MMC) by 6,293 shares in the quarter, for a total of 6,420 shares, and has risen its stake in Premier Inc (NASDAQ:PINC).

Since October 26, 2017, it had 0 insider purchases, and 9 selling transactions for $10.94 million activity. 1,000 Ameriprise Financial, Inc. (NYSE:AMP) shares with value of $160,772 were sold by McGraw Deirdre Davey. Woerner John Robert also sold $1.45M worth of Ameriprise Financial, Inc. (NYSE:AMP) shares. Maglaque Charles Neal sold $282,412 worth of stock. 31,379 shares were sold by TRUSCOTT WILLIAM F, worth $5.45M. Kupper Randy had sold 2,460 shares worth $396,205. MOORE COLIN sold $690,271 worth of stock.

Analysts await Ameriprise Financial, Inc. (NYSE:AMP) to report earnings on April, 23. They expect $3.52 earnings per share, up 30.37% or $0.82 from last year’s $2.7 per share. AMP’s profit will be $520.71 million for 11.24 P/E if the $3.52 EPS becomes a reality. After $3.26 actual earnings per share reported by Ameriprise Financial, Inc. for the previous quarter, Wall Street now forecasts 7.98% EPS growth.

Among 14 analysts covering Ameriprise Financial (NYSE:AMP), 6 have Buy rating, 0 Sell and 8 Hold. Therefore 43% are positive. Ameriprise Financial had 45 analyst reports since September 7, 2015 according to SRatingsIntel. On Monday, January 9 the stock rating was upgraded by Credit Suisse to “Outperform”. SunTrust downgraded the stock to “Hold” rating in Monday, December 19 report. RBC Capital Markets maintained the stock with “Hold” rating in Thursday, January 25 report. As per Thursday, October 26, the company rating was maintained by SunTrust. On Friday, January 29 the stock rating was maintained by Barclays Capital with “Equal-Weight”. The stock of Ameriprise Financial, Inc. (NYSE:AMP) earned “Overweight” rating by Morgan Stanley on Thursday, January 25. The stock of Ameriprise Financial, Inc. (NYSE:AMP) earned “Overweight” rating by Morgan Stanley on Thursday, October 5. The stock of Ameriprise Financial, Inc. (NYSE:AMP) has “Hold” rating given on Thursday, January 18 by SunTrust. As per Thursday, January 25, the company rating was maintained by SunTrust. The stock of Ameriprise Financial, Inc. (NYSE:AMP) earned “Buy” rating by Keefe Bruyette & Woods on Thursday, December 21.

Since October 26, 2017, it had 0 buys, and 2 selling transactions for $247,994 activity. $197,815 worth of S&T Bancorp, Inc. (NASDAQ:STBA) was sold by MILLER JAMES C.

Analysts await S&T Bancorp, Inc. (NASDAQ:STBA) to report earnings on April, 19. They expect $0.70 earnings per share, up 34.62% or $0.18 from last year’s $0.52 per share. STBA’s profit will be $24.48 million for 14.41 P/E if the $0.70 EPS becomes a reality. After $0.65 actual earnings per share reported by S&T Bancorp, Inc. for the previous quarter, Wall Street now forecasts 7.69% EPS growth.

Among 7 analysts covering S&T Bancorp (NASDAQ:STBA), 2 have Buy rating, 0 Sell and 5 Hold. Therefore 29% are positive. S&T Bancorp had 17 analyst reports since July 22, 2015 according to SRatingsIntel. Keefe Bruyette & Woods maintained S&T Bancorp, Inc. (NASDAQ:STBA) rating on Thursday, December 21. Keefe Bruyette & Woods has “Hold” rating and $45.0 target. Piper Jaffray upgraded S&T Bancorp, Inc. (NASDAQ:STBA) on Monday, October 24 to “Overweight” rating. The company was maintained on Thursday, July 13 by Piper Jaffray. The company was maintained on Friday, October 20 by Keefe Bruyette & Woods. The rating was maintained by RBC Capital Markets with “Sector Perform” on Wednesday, July 22. The firm has “Market Perform” rating given on Wednesday, October 21 by Keefe Bruyette & Woods. The company was downgraded on Wednesday, July 22 by Piper Jaffray. Zacks upgraded it to “Hold” rating and $34 target in Saturday, August 22 report. The stock of S&T Bancorp, Inc. (NASDAQ:STBA) earned “Neutral” rating by PiperJaffray on Wednesday, November 16. The firm earned “Hold” rating on Friday, July 21 by Boenning & Scattergood.

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