As Ameriprise Finl (AMP) Share Value Declined, Northrock Partners Has Lowered Stake by $4.34 Million; Ubs Global Asset Management Americas Boosted Stake in Norfolk Southern (NSC) as Stock Price Declined

April 22, 2018 - By Vivian Park

Norfolk Southern Corporation (NYSE:NSC) Logo

Ubs Global Asset Management Americas Inc increased its stake in Norfolk Southern (NSC) by 0.56% based on its latest 2017Q4 regulatory filing with the SEC. Ubs Global Asset Management Americas Inc bought 5,043 shares as the company’s stock declined 7.56% with the market. The institutional investor held 912,410 shares of the railroads company at the end of 2017Q4, valued at $132.21B, up from 907,367 at the end of the previous reported quarter. Ubs Global Asset Management Americas Inc who had been investing in Norfolk Southern for a number of months, seems to be bullish on the $38.74 billion market cap company. The stock decreased 1.52% or $2.11 during the last trading session, reaching $136.75. About 1.37 million shares traded. Norfolk Southern Corporation (NYSE:NSC) has risen 20.21% since April 22, 2017 and is uptrending. It has outperformed by 8.66% 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 $20.99B market cap company. The stock decreased 1.30% or $1.89 during the last trading session, reaching $143.69. About 1.39M shares traded or 27.81% up from the average. Ameriprise Financial, Inc. (NYSE:AMP) has risen 17.58% since April 22, 2017 and is uptrending. It has outperformed by 6.03% the S&P500.

Investors sentiment is 0.83 in Q4 2017. Its the same as in 2017Q3. It has no change, as 35 investors sold NSC shares while 360 reduced holdings. only 80 funds opened positions while 249 raised stakes. 197.25 million shares or 2.25% less from 201.79 million shares in 2017Q3 were reported. Folger Nolan Fleming Douglas Cap Mngmt reported 0.04% stake. 37,302 are owned by Creative Planning. 6,190 are owned by Choate Investment Advsr. Catawba Capital Va has invested 0.24% in Norfolk Southern Corporation (NYSE:NSC). Highland Mgmt Lc stated it has 0.58% in Norfolk Southern Corporation (NYSE:NSC). Eagle Ridge Invest Management holds 1.56% in Norfolk Southern Corporation (NYSE:NSC) or 69,923 shares. Brandywine Glob Inv Management Limited Liability Company holds 0.21% or 245,870 shares in its portfolio. Btim owns 5,271 shares. Ancora Advisors Limited Liability stated it has 19,399 shares. Fincl Counselors invested 0.04% in Norfolk Southern Corporation (NYSE:NSC). 1St Source National Bank owns 0.56% invested in Norfolk Southern Corporation (NYSE:NSC) for 46,700 shares. Duff & Phelps Inv holds 49,245 shares. Toth Advisory reported 215 shares. First In has invested 0.07% of its portfolio in Norfolk Southern Corporation (NYSE:NSC). Comm Commercial Bank reported 50,445 shares stake.

Ubs Global Asset Management Americas Inc, which manages about $117998.02 billion US Long portfolio, decreased its stake in Davita Inc (NYSE:DVA) by 5,154 shares to 474,624 shares, valued at $34.29 billion in 2017Q4, according to the filing. It also reduced its holding in Intel Corp (Prn) by 15.00 million shares in the quarter, leaving it with 28.57 million shares, and cut its stake in Reata Pharmaceuticals Inc.

Since October 26, 2017, it had 0 buys, and 5 insider sales for $2.43 million activity. On Friday, February 16 the insider Wheeler Michael Joseph sold $244,011. The insider Squires James A sold 10,000 shares worth $1.50M.

Among 30 analysts covering Norfolk Southern Corp. (NYSE:NSC), 7 have Buy rating, 5 Sell and 18 Hold. Therefore 23% are positive. Norfolk Southern Corp. had 99 analyst reports since July 28, 2015 according to SRatingsIntel. As per Wednesday, October 12, the company rating was downgraded by Avondale. The rating was maintained by Credit Suisse on Thursday, January 25 with “Outperform”. The firm earned “Buy” rating on Wednesday, November 2 by Argus Research. Wolfe Research upgraded it to “Buy” rating and $12600 target in Monday, August 7 report. Scotia Capital initiated Norfolk Southern Corporation (NYSE:NSC) on Tuesday, March 15 with “Sector Outperform” rating. The company was maintained on Monday, October 5 by Cowen & Co. Barclays Capital upgraded it to “Equal-Weight” rating and $95 target in Monday, December 7 report. Credit Suisse maintained it with “Outperform” rating and $164 target in Thursday, March 15 report. The rating was maintained by Credit Suisse with “Buy” on Thursday, October 12. The firm earned “Hold” rating on Monday, September 11 by Stifel Nicolaus.

Since October 26, 2017, it had 0 insider buys, and 10 sales for $11.64 million activity. Another trade for 9,022 shares valued at $1.45M was sold by Woerner John Robert. Kupper Randy had sold 2,460 shares worth $396,205. The insider MOORE COLIN sold $690,271. 7,329 shares valued at $1.24M were sold by Sweeney Joseph Edward on Friday, December 8. McGraw Deirdre Davey also sold $160,772 worth of Ameriprise Financial, Inc. (NYSE:AMP) on Thursday, October 26. 1,754 Ameriprise Financial, Inc. (NYSE:AMP) shares with value of $282,412 were sold by Maglaque Charles Neal.

Investors sentiment increased to 1.13 in 2017 Q4. Its up 0.16, from 0.97 in 2017Q3. It improved, 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. Moreover, Lombard Odier Asset Mngmt (Switzerland) Sa has 2.2% invested in Ameriprise Financial, Inc. (NYSE:AMP). Balyasny Asset Mgmt Ltd Limited Liability Company holds 119,600 shares. 1,209 were reported by Wesbanco Financial Bank Inc. Hartford Investment Management reported 31,888 shares. 15,790 were accumulated by Timber Hill Limited Liability. Moreover, Cwm Llc has 0% invested in Ameriprise Financial, Inc. (NYSE:AMP). Denali Advsr Ltd Liability Co accumulated 10,300 shares. State Of New Jersey Common Pension Fund D holds 0.3% of its portfolio in Ameriprise Financial, Inc. (NYSE:AMP) for 467,000 shares. Fiduciary Trust holds 0.01% of its portfolio in Ameriprise Financial, Inc. (NYSE:AMP) for 1,804 shares. Sterling Capital Limited Co owns 0.09% invested in Ameriprise Financial, Inc. (NYSE:AMP) for 59,187 shares. Nuwave Investment Mngmt Limited reported 0.79% of its portfolio in Ameriprise Financial, Inc. (NYSE:AMP). Federated Pa owns 190,284 shares for 0.09% of their portfolio. Envestnet Asset Inc stated it has 0.04% of its portfolio in Ameriprise Financial, Inc. (NYSE:AMP). Advisor Prns Limited Liability Company holds 0.14% or 4,291 shares in its portfolio. Thrivent For Lutherans, Minnesota-based fund reported 6,008 shares.

Among 15 analysts covering Ameriprise Financial (NYSE:AMP), 6 have Buy rating, 0 Sell and 9 Hold. Therefore 40% are positive. Ameriprise Financial had 50 analyst reports since September 7, 2015 according to SRatingsIntel. The stock has “Outperform” rating by RBC Capital Markets on Thursday, April 28. The rating was upgraded by Zacks on Monday, September 7 to “Hold”. Barclays Capital maintained the stock with “Equal-Weight” rating in Friday, January 29 report. The stock of Ameriprise Financial, Inc. (NYSE:AMP) has “Equal-Weight” rating given on Friday, August 11 by Barclays Capital. The stock of Ameriprise Financial, Inc. (NYSE:AMP) has “Hold” rating given on Monday, December 19 by SunTrust. The firm has “Hold” rating by Sandler O’Neill given on Monday, February 12. SunTrust maintained Ameriprise Financial, Inc. (NYSE:AMP) on Thursday, October 26 with “Hold” rating. Wells Fargo downgraded the shares of AMP in report on Wednesday, January 13 to “Market Perform” rating. The stock of Ameriprise Financial, Inc. (NYSE:AMP) has “Hold” rating given on Thursday, January 25 by RBC Capital Markets. The firm has “Hold” rating given on Wednesday, October 25 by RBC Capital Markets.

Norfolk Southern Corporation (NYSE:NSC) Institutional Positions Chart

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