Company newsMS
Explain this story: 7,345 Shares of Ameriprise Financial, Inc. $AMP Bought by Cim Investment Management Inc.
Cim Investment Management Inc. recently purchased 7,345 shares of Ameriprise Financial, Inc. (NYSE:AMP) valued at approximately $3.37 million, making it a significant holding in their portfolio. Other institutional investors also substantially increased their stakes in Ameriprise Financial during the second quarter. The company reported strong Q2 earnings with EPS of $11.07 and revenue of $4.90 billion, while analysts hold a mixed "Hold" rating with an average price target of $555.33.
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Cim Investment Management Inc. recently purchased 7,345 shares of Ameriprise Financial, Inc. (NYSE:AMP) valued at approximately $3.37 million, making it a significant holding in their portfolio. Other institutional investors also substantially increased their stakes in Ameriprise Financial during the second quarter. The company reported strong Q2 earnings with EPS of $11.07 and revenue of $4.90 billion, while analysts hold a mixed "Hold" rating with an average price target of $555.33.
Article tone: Neutral This describes the words the journalist used. It is not a prediction, and not advice.
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Published Sep 29, 2026, 19:10 ET · on this site +1h 57m