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Banc Funds Co Has Lowered Washington Trust Bancorp (WASH) Stake by $745.50 Million as Shares Declined; As Ameriprise Finl (AMP) Stock Value Declined, Northrock Partners Has Decreased Position

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Banc Funds Co Llc decreased its stake in Washington Trust Bancorp Inc. (WASH) by 27.68% based on its latest 2017Q4 regulatory filing with the SEC. Banc Funds Co Llc sold 14,000 shares as the company’s stock declined 2.90% with the market. The hedge fund held 36,575 shares of the finance company at the end of 2017Q4, valued at $1.95B, down from 50,575 at the end of the previous reported quarter. Banc Funds Co Llc who had been investing in Washington Trust Bancorp Inc. for a number of months, seems to be less bullish one the $1.00B market cap company. The stock increased 0.35% or $0.2 during the last trading session, reaching $57.95. About 5,875 shares traded. Washington Trust Bancorp, Inc. (NASDAQ:WASH) has risen 8.39% since May 17, 2017 and is uptrending. It has underperformed by 3.16% the S&P500.

Northrock Partners Llc decreased its stake in Ameriprise Finl Inc (AMP) by 32.17% based on its latest 2017Q4 regulatory filing with the SEC. Northrock Partners Llc sold 25,674 shares as the company’s stock declined 14.11% with the market. The institutional investor held 54,145 shares of the finance company at the end of 2017Q4, valued at $9.18 million, down from 79,819 at the end of the previous reported quarter. Northrock Partners Llc who had been investing in Ameriprise Finl Inc for a number of months, seems to be less bullish one the $20.44 billion market cap company. The stock increased 1.04% or $1.46 during the last trading session, reaching $141.37. About 230,495 shares traded. Ameriprise Financial, Inc. (NYSE:AMP) has risen 17.58% since May 17, 2017 and is uptrending. It has outperformed by 6.03% the S&P500.

Banc Funds Co Llc, which manages about $1.41B and $2146.88B US Long portfolio, upped its stake in Triumph Bancorp Inc. by 12,800 shares to 411,100 shares, valued at $12.95 billion in 2017Q4, according to the filing. It also increased its holding in Mainstreet Bancshares Inc. by 108,297 shares in the quarter, for a total of 509,597 shares, and has risen its stake in State Bank Financial Corporation (NASDAQ:STBZ).

More important recent Washington Trust Bancorp, Inc. (NASDAQ:WASH) news were published by: Globenewswire.com which released: “Washington Trust Bancorp, Inc. Elects Howes to Board of Directors” on April 25, 2018, also Nasdaq.com published article titled: “Washington Trust Empowers Providence High School Students through Innovative Web-Based Financial Literacy …”, Seekingalpha.com published: “Washington Trust Bancorp’s (WASH) CEO Ned Handy on Q1 2018 Results – Earnings Call Transcript” on April 23, 2018. More interesting news about Washington Trust Bancorp, Inc. (NASDAQ:WASH) was released by: Nasdaq.com and their article: “Washington Trust Reports Record First Quarter 2018 Earnings” with publication date: April 20, 2018.

Investors sentiment decreased to 1.11 in 2017 Q4. Its down 0.20, from 1.31 in 2017Q3. It dropped, as 6 investors sold WASH shares while 39 reduced holdings. 14 funds opened positions while 36 raised stakes. 9.52 million shares or 0.98% more from 9.43 million shares in 2017Q3 were reported. Goldman Sachs Group owns 0% invested in Washington Trust Bancorp, Inc. (NASDAQ:WASH) for 9,848 shares. Moreover, First Trust Advisors Lp has 0.01% invested in Washington Trust Bancorp, Inc. (NASDAQ:WASH) for 50,561 shares. Teachers Insur And Annuity Association Of America has 0.05% invested in Washington Trust Bancorp, Inc. (NASDAQ:WASH) for 16,554 shares. Coastline Communication invested 0.04% in Washington Trust Bancorp, Inc. (NASDAQ:WASH). Virginia Retirement Sys Et Al has 0% invested in Washington Trust Bancorp, Inc. (NASDAQ:WASH). Minnesota-based Walleye Trading Limited Liability has invested 0% in Washington Trust Bancorp, Inc. (NASDAQ:WASH). Affinity Invest Advsr Limited Liability invested in 0.03% or 4,336 shares. American Research & Management Company holds 2,159 shares. Champlain Invest Limited Liability Co holds 0.52% in Washington Trust Bancorp, Inc. (NASDAQ:WASH) or 861,490 shares. Aqr Mngmt Ltd holds 13,187 shares. Nuveen Asset Management reported 15,767 shares. Brinker Inc has invested 0.01% in Washington Trust Bancorp, Inc. (NASDAQ:WASH). Invesco Limited invested in 0% or 24,204 shares. Ameritas Invest Partners Inc reported 0% in Washington Trust Bancorp, Inc. (NASDAQ:WASH). Washington Trust stated it has 475,631 shares.

Among 4 analysts covering Washington Trust Bancorp (NASDAQ:WASH), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. Washington Trust Bancorp had 16 analyst reports since July 22, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Tuesday, October 25 by Compass Point. As per Wednesday, December 30, the company rating was upgraded by Keefe Bruyette & Woods. The company was downgraded on Monday, October 3 by Keefe Bruyette & Woods. Keefe Bruyette & Woods maintained Washington Trust Bancorp, Inc. (NASDAQ:WASH) rating on Tuesday, September 26. Keefe Bruyette & Woods has “Hold” rating and $55.0 target. The stock of Washington Trust Bancorp, Inc. (NASDAQ:WASH) earned “Neutral” rating by Compass Point on Friday, November 18. Compass Point upgraded the stock to “Buy” rating in Monday, December 18 report. Compass Point upgraded Washington Trust Bancorp, Inc. (NASDAQ:WASH) on Wednesday, January 27 to “Buy” rating. The firm has “Hold” rating given on Tuesday, October 24 by Compass Point. Keefe Bruyette & Woods maintained it with “Hold” rating and $5500 target in Friday, May 26 report. The company was maintained on Thursday, December 21 by Keefe Bruyette & Woods.

Since April 30, 2018, it had 0 buys, and 2 sales for $323,356 activity. Another trade for 800 shares valued at $44,501 was made by Santos Edwin J on Monday, April 30.

Investors sentiment increased to 1.13 in Q4 2017. Its up 0.16, from 0.97 in 2017Q3. It increased, 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. Driehaus Cap Mgmt accumulated 1,806 shares. First Citizens Bank & Trust Tru Commerce reported 10,731 shares. National Bank Of Montreal Can has invested 0.11% of its portfolio in Ameriprise Financial, Inc. (NYSE:AMP). Bridgeway Capital Management Inc reported 413,574 shares or 0.75% of all its holdings. Gofen & Glossberg Llc Il has 0.04% invested in Ameriprise Financial, Inc. (NYSE:AMP). 196 were accumulated by Benjamin F Edwards And Com. 2,339 were reported by Charter. Dsm Capital Limited Com holds 36,268 shares. Pennsylvania-based Orrstown Finance Svcs Inc has invested 0.15% in Ameriprise Financial, Inc. (NYSE:AMP). Rhumbline Advisers has invested 0.1% of its portfolio in Ameriprise Financial, Inc. (NYSE:AMP). Fjarde Ap owns 0.11% invested in Ameriprise Financial, Inc. (NYSE:AMP) for 43,230 shares. Fmr Ltd Limited Liability Company owns 439,523 shares or 0.01% of their US portfolio. Foundry Partners Ltd Co, Minnesota-based fund reported 67,101 shares. Thomas White Int Ltd reported 7,095 shares. Bank & Trust Of America De holds 0.03% in Ameriprise Financial, Inc. (NYSE:AMP) or 913,273 shares.

Since December 8, 2017, it had 2 insider buys, and 4 selling transactions for $6.84 million activity. 3,728 shares were bought by Berman Walter Stanley, worth $500,004 on Wednesday, May 2. TRUSCOTT WILLIAM F sold $5.45M worth of stock. 5,500 shares valued at $957,220 were sold by McGraw Deirdre Davey on Friday, January 26. Kupper Randy sold $699,256 worth of Ameriprise Financial, Inc. (NYSE:AMP) on Friday, February 23. 7,400 shares valued at $1.01 million were bought by CRACCHIOLO JAMES M on Thursday, May 10.

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. The firm has “Hold” rating given on Tuesday, April 24 by SunTrust. The rating was maintained by SunTrust with “Hold” on Thursday, October 26. Keefe Bruyette & Woods maintained Ameriprise Financial, Inc. (NYSE:AMP) on Monday, October 12 with “Outperform” rating. The stock of Ameriprise Financial, Inc. (NYSE:AMP) has “Buy” rating given on Thursday, July 27 by Keefe Bruyette & Woods. The company was maintained on Thursday, January 25 by Morgan Stanley. The rating was maintained by Sandler O’Neill on Thursday, January 18 with “Hold”. The firm earned “Equal-Weight” rating on Friday, January 29 by Barclays Capital. Sandler O’Neill maintained it with “Hold” rating and $165.0 target in Monday, February 12 report. Keefe Bruyette & Woods maintained Ameriprise Financial, Inc. (NYSE:AMP) on Friday, June 23 with “Buy” rating. The company was maintained on Wednesday, October 18 by RBC Capital Markets.

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 $511.93 million for 9.98 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.

Washington Trust Bancorp, Inc. (NASDAQ:WASH) Institutional Positions Chart

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