Q4 2017 Sentiment for American Express Co (NYSE:AXP) at 0.89

May 16, 2018 - By Loretta Love

American Express Company (NYSE:AXP) Corporate Logo

Positions for American Express Co (NYSE:AXP)

In 2017 Q4 American Express Co (NYSE:AXP) big money sentiment increased to 0.89, according to SEC filings. So its up 0.06, from 2017Q3’s 0.83. 433 institutional investors increased or started new holdings, while 484 decreased and sold stakes in American Express Co so the sentiment is positive. These funds own 701.90 million shares, that’s down from 709.03 million shares in 2017Q3. Funds holding American Express Co in top 10 changed to 35 from 42 for a decrease of 7. 42 Investors Sold All; 442 Reduced Holdings; 311 increased stakes while 122 institutional investors bought stakes.

Biggest American Express Co Investors

Seminole Management Co. Inc. owns 581,581 shares in American Express Co as of 2017 Q4. American Express Co’s shareholder Veritas Asset Management Llp owns 11.00 million shares as of 2017 Q4. Also, Berkshire Hathaway Inc reported 151.61 million shares in American Express Co equivalent to 7.87% of its fund’s portfolio. The California-based fund Davis Capital Partners Llc have invested about 7.62% of the institutional investor’s stock portfolio in American Express Co. The Michigan-based fund Rk Asset Management Llc looks positive on American Express Co, owning 80,301 shares.

American Express Company, together with its subsidiaries, provides charge and credit payment card products and travel-related services to clients and businesses worldwide.The firm is valued at $86.54 billion. It operates through four divisions: U.S.33.87 is the P/E ratio. Consumer Services, International Consumer and Network Services, Global Commercial Services, and Global Merchant Services.

Ticker’s shares touched $100.59 during the last trading session after 0.15% change.Currently American Express Company is uptrending after 17.81% change in last May 16, 2017. AXP has also 1.47M shares volume. The stock outperformed the S&P500 by 6.26%.

Earnings report for American Express Company (NYSE:AXP) is awaited on July, 18., as reported by Faxor. This year’s EPS analyst estimate is awaited to be $1.82. That is 23.81 % up compareed to $1.47 EPS for last year. In case of $1.82 EPS AXP’s profit could hit $1.57B. After $1.86 EPS report last quarter, Wall Street now predicts -2.15 % negative EPS growth of American Express Company.

King Luther Corporation reported 96,524 shs or 0.08% of all its holdings. Washington Trust has invested 0.04% in American Express Company (NYSE:AXP). Ironwood Counsel Limited Com reported 63,302 shs. Price T Rowe Assocs Md holds 3.14M shs. The New York-based Qci Asset Mngmt has invested 0% in American Express Company (NYSE:AXP). Kanawha Llc accumulated 0.2% or 13,557 shs. 18,248 are owned by Smithfield Trust. Patten has 3,305 shs for 0.13% of their capital. Crawford Investment Counsel Incorporated, a Georgia-based fund reported 688,315 shs. Stanley Lc stated it has 3.58% of its capital in American Express Company (NYSE:AXP). Spirit Of America Mngmt Ny holds 0.11% of its capital in American Express Company (NYSE:AXP) for 10,000 shs. Old Mutual Global (Uk) Ltd holds 53,787 shs or 0.05% of its capital. Howard Cap Mgmt stated it has 0.08% in American Express Company (NYSE:AXP). Clark Capital Mngmt Gru owns 232,000 shs. St Johns Mgmt Co Ltd Llc stated it has 0.82% in American Express Company (NYSE:AXP).

American Express Company had 9 insider sales and 0 insider buys since December 11, 2017. This’s net activity of $37.90 million. Shares for $9.38M were sold by CHENAULT KENNETH I on Thursday, December 14. On Monday, December 11 O’Neill Michael John had sold 43,741 shs worth $4.32M. On Tuesday, January 2 $1.27M worth of American Express Company (NYSE:AXP) was sold by Bush James Peter. On Thursday, April 19 $5.07 million worth of stock was sold by Cox L Kevin. CAMPBELL JEFFREY C sold 9,000 shs worth $882,406. On Tuesday, May 1 Shares for $1.23 million were sold by Squeri Stephen J.

American Express Company (NYSE:AXP) Ratings Coverage

Total analysts of 23 have positions in American Express (NYSE:AXP) as follows: 11 rated it a “Buy”, 2 with “Sell” and 10 with “Hold”. The positive are 48%. Since December 5, 2017 according to StockzIntelligence Inc American Express has 38 analyst reports. On Wednesday, April 18 the rating was maintained by Piper Jaffray with “Hold”. On Friday, February 2 the rating was maintained by Morgan Stanley with “Equal-Weight”. On Friday, January 12 the rating was downgraded by JP Morgan to “Neutral”. On Thursday, April 19 the company was maintained by Bernstein. On Tuesday, March 27 the stock of American Express Company (NYSE:AXP) earned “Buy” rating by UBS. On Tuesday, February 20 the stock of American Express Company (NYSE:AXP) has “Buy” rating given by Oppenheimer. On Friday, January 12 the rating was downgraded by J.P. Morgan to “Hold”. In Thursday, April 19 report RBC Capital Markets maintained it with “Sell” rating and $8600 target. On Wednesday, April 18 Oppenheimer maintained American Express Company (NYSE:AXP) rating. Oppenheimer has “Buy” rating and $11400 target. On Tuesday, January 2 the rating was maintained by Stephens with “Hold”.

For more American Express Company (NYSE:AXP) news released briefly go to: Livetradingnews.com, 247Wallst.com, Streetinsider.com, Seekingalpha.com or Nasdaq.com. The titles are as follows: “American Express Company (NYSE:AXP) Heffx Technical Review” released on April 30, 2018, “Why Amex Could Be Poised for a Strong Q1” on April 18, 2018, “Buffett’s Berkshire 13F Confirms Increase in Apple (AAPL) Stake Along with Increase in Holdings of Teva (TEVA) (More…)” with a publish date: May 15, 2018, “American Express Is Firing On All Cylinders” and the last “3 Dividend Stocks to Fund Your Nest Egg” with publication date: May 16, 2018.

American Express Company (NYSE:AXP) Institutional Investors Chart

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