|Bid||1.01 x 500|
|Ask||0.00 x 0|
|Day's Range||140.11 - 143.00|
|52 Week Range||140.11 - 152.57|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jul 23, 2018 - Jul 27, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
The Blackstone Group (BX) has an NTM (next-12-month) price-to-book ratio of 3.5x, higher than peers’ average ratio of 3.1x. Competitors Ares Management (ARES), Brookfield Asset Management (BAM), and Ameriprise Financial (AMP) have NTM price-to-book ratios of 4.4x, 1.5x, and 3.3x, respectively. Blackstone may have a higher valuation due to its 1Q18 numbers exceeding analysts’ expectations and its AUM (assets under management) rising in 1Q18.
In 1Q18, The Blackstone Group’s (BX) Hedge Fund Solutions saw an inflow to its total AUM (assets under management) of $3.9 billion. During the same period, the BPS Composite witnessed a 1.3% gross return and a 1.1% net return amid market fluctuation. Hedge Fund Solutions’ total revenue fell 23% YoY (year-over-year) to $140.4 million from $182.2 million, and its principal investment income fell 94% YoY to $1 million from $17.6 million. The division’s performance revenue also fell YoY, to $15.2 million from $33.4 million.
Ameriprise Financial excels in customer service dimensions investors value most, according to data from research firm Hearts & Wallets’ 2018 Wants & Pricing report.
NEW YORK, NY / ACCESSWIRE / April 24, 2018 / Ameriprise Financial, Inc. (NYSE: AMP ) will be discussing their earnings results in their Q1 Earnings Call to be held on April 24, 2018 at 9:00 AM Eastern ...
Shares of Ameriprise Financial Inc. rose more than 3% late Monday after the company beat first-quarter earnings expectations and increased its dividend. Ameriprise said it earned $594 million, or $3.91 ...
On a per-share basis, the Minneapolis-based company said it had net income of $3.91. Earnings, adjusted for non-recurring gains, came to $3.70 per share. The results exceeded Wall Street expectations. ...
The Board of Directors of Ameriprise Financial, Inc. increased the company’s quarterly cash dividend by 8 percent, or $0.07 per diluted share, to $0.90 per diluted share payable on May 18, 2018 to shareholders of record at the close of business on May 7, 2018.
Ameriprise Financial, Inc. today reported first quarter 2018 net income of $594 million, up 47 percent compared to a year ago, or $3.91 per diluted share, up 55 percent.
David Joy, Ameriprise Financial's chief market strategist, talks about the prospect of yields on benchmark U.S. treasuries hitting 3 percent. He speaks with Bloomberg's Julie Hyman on "Bloomberg Markets." ...
The AWM segment's performance is likely to aid Ameriprise's (AMP) Q1 results. Yet, the expectation of outflows in the AM segment might hurt.
Ameriprise Financial, Inc. (AMP) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front
A great investment for income investors with a long time horizon is in dividend-paying companies such as Hi-Crush Partners. Dividend stocks are a safe bet to increase your portfolio valueRead More...
Let’s talk about the popular Ameriprise Financial Inc (NYSE:AMP). The company’s shares saw significant share price volatility over the past couple of months on the NYSE, rising to the highsRead More...
Of the 12 analysts covering The Carlyle Group (CG) in April 2018, four have recommended “strong buy,” five have recommended “buy,” and three have recommended “hold.” In March 2018, four recommended “strong buy,” four recommended “buy,” and four recommended “hold.” In February 2018, four recommended “strong buy,” three recommended “buy,” and five recommended “hold.”
The Carlyle Group’s (CG) NTM (next-12-month) PE (price-to-earnings) ratio is 7.7x, lower than competitors’ average of 9.6x. Peers Ameriprise Financial (AMP), Ares Management (ARES), and KKR (KKR) have NTM PE ratios of 9.5x, 11.4x, and 7.9x, respectively.
The Carlyle Group (CG) has acquired four French logistics assets from CBRE Global Investors. Industrial assets have seen strong demand due to economic recovery and upward momentum in the e-commerce sector. Carlyle plans to make further deployments in Western European markets and France, which could expand the company’s reach.
Columbia Threadneedle Investments today launched six new separately managed account strategies for municipal bond investors, drawing on the firm’s 20-plus years of experience in managing tax-exempt fixed income portfolios for high-net-worth investors.
The Securities and Exchange Commission settled charges on Friday with investment advisers PNC Investments LLC , Securities America Advisors Inc., and Geneos Wealth Management Inc., for alleged conflicts ...
Ameriprise Financial Inc (NYSE:AMP) is trading with a trailing P/E of 15.4x, which is lower than the industry average of 15.7x. Although some investors may jump to the conclusion thatRead More...
Supported by a solid balance sheet and efforts to constantly modify its portfolio, Ameriprise (AMP) remains well poised for growth. Yet, higher costs might hurt profits.
Apr.19 -- Bloomberg's Adam Haigh reports on AMP Ltd. Chief Executive Officer Craig Meller stepping down. Haigh speaks with Haidi Lun and Rishaad Salamat on "Bloomberg Markets."
Current hearings on Australia's banking system could raise some concerns, particularly on financial advisors, but are unlikely to dent performance prospects in the longer-term, says David Ellis of Morningstar.