How These Asset Management Stocks are Faring? -- State Street, WisdomTree Investments, Apollo Investment, and Ameriprise Financial
NEW YORK, October 27, 2016 /PRNewswire/ --
On Wednesday, US major indices were mixed as the NASDAQ Composite ended the trading session at 5,250.27, down 0.63%; the Dow Jones Industrial Average edged 0.17% higher, to finish at 18,199.33; and the S&P 500 closed at 2,139.43, down 0.17%. Stock-Callers.com today looks at the performance of these four Asset Management stocks: State Street Corporation (NYSE: STT), WisdomTree Investments Inc. (NASDAQ: WETF), Apollo Investment Corporation (NASDAQ: AINV), and Ameriprise Financial Inc. (NYSE: AMP). Download the free research reports on these stocks today:
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State Street
Boston, Massachusetts headquartered State Street Corp.'s stock edged 0.99% lower, to close the day at $70.19. The stock recorded a trading volume of 2.57 million shares, which was above its three months average volume of 2.22 million shares. State Street's shares have gained 0.70% in the last one month, 7.82% in the previous three months, and 6.44% in the past one year. Shares of the Company, which through its subsidiaries, provides a range of financial products and services to institutional investors worldwide, are trading at a PE ratio of 14.36. The Company's shares are trading above its 50-day and 200-day moving averages by 0.47% and 15.25%, respectively. Additionally, the stock has a Relative Strength Index (RSI) of 49.39.
On October 5th, 2016, research firm Keefe Bruyette upgraded the Company's stock rating from 'Underperform' to 'Market Perform'. See our free and comprehensive research report on STT at:
http://stock-callers.com/registration/?symbol=STT
WisdomTree Investments
On Wednesday, shares in New York-based WisdomTree Investments Inc. ended the session 0.10% higher at $9.83 with a total volume of 1.35 million shares traded. WisdomTree Investments' shares have advanced 1.34% in the past one month. The stock is trading 2.86% below its 50-day moving average. Moreover, shares of the Company, which through its subsidiaries, operates as an exchange-traded funds sponsor and asset manager, are trading at a PE ratio of 23.02 and have an RSI of 48.20. WETF free research report PDF is just a click away at:
http://stock-callers.com/registration/?symbol=WETF
Apollo Investment
On Wednesday, shares in Apollo Investment Corp. recorded a trading volume of 1.10 million shares, which was higher than their three months average volume of 1.02 million shares. The stock ended the day flat at $6.09. Apollo Investment's stock has gained 4.46% in the last one month, 9.39% in the previous three months, and 28.27% in the past one year. The Company's shares are trading above its 50-day and 200-day moving averages by 2.96% and 14.60%, respectively. Furthermore, shares of Apollo Investment, which provides direct equity capital, mezzanine and senior secured loans, unsecured debt, and subordinated debt and loans, have an RSI of 66.07. Sign up for your complimentary report on AINV at:
http://stock-callers.com/registration/?symbol=AINV
Ameriprise Financial
Minneapolis, Minnesota headquartered Ameriprise Financial Inc.'s stock declined 7.30%, to finish Wednesday's session at $90.13 with a total volume of 2.71 million shares traded. Shares of the Company, which through its subsidiaries, provides various financial products and services to individual and institutional clients in the US and internationally, are trading at a PE ratio of 10.96. The stock is trading 9.16% and 3.96% below its 50-day and 200-day moving averages, respectively. Ameriprise Financial's stock has an RSI of 27.06.
On October 14th, 2016, research firm Deutsche Bank downgraded the Company's stock rating from 'Buy' to 'Hold', issuing a target price of $112 per share. Register for free on Stock-Callers.com and download the latest research report on AMP at:
http://stock-callers.com/registration/?symbol=AMP
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