American Express Co (NYSE:AXP) Sentiment Change Report at 0.89

May 16, 2018 - By Theresa Judd

American Express Company (NYSE:AXP) Corporate Logo

“Big money” Positions

“Big money sentiment for American Express Co (NYSE:AXP) in 2017 Q4 increased to 0.89, according to SEC filings. That’s up 0.06, from 2017Q3’s 0.83. 433 hedge funds started new and increased positions, while 484 sold and decreased equity positions 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. In total 42 funds closed positions, 442 reduced and 311 increased. Also 122 funds bought new American Express Co stakes.

Most American Express Co Investors

Seminole Management Co. Inc. owns 581,581 shares in American Express Co as of 2017 Q4. As of 2017 Q4, 11.00 million shares of American Express Co are owned by Veritas Asset Management Llp. Berkshire Hathaway Inc reported 151.61 million shares. Davis Capital Partners Llc revealed 700,000 shares position in American Express Co. The Michigan-based fund Rk Asset Management Llc holds 80,301 shares or 6.73% of their long stock exposure.

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 worth $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. AXP outperformed the S&P 500 by 6.26%.

American Express Company (NYSE:AXP)’s earnings report is awaited on July, 18., according to Faxor. Analysts forecast 23.81 % diference or $1.82 from the $1.47 EPS from 2017. If the current EPS of $1.82 is accurate, AXP’s profit could reach $1.57 billion. After $1.86 EPS was announced previous quarter, analysts now see negative EPS growth of -2.15 % for American Express Company.

Davis Selected Advisers accumulated 7.79M shs. 1832 Asset Mgmt L P holds 0% of its capital in American Express Company (NYSE:AXP) for 307 shs. 4,737 were accumulated by Evermay Wealth Mngmt Limited Liability Corporation. Oppenheimer Asset Management stated it has 32,701 shs or 0.08% of all its holdings. Mitchell Mcleod Pugh And Williams holds 0.71% of its capital in American Express Company (NYSE:AXP) for 10,311 shs. Ajo Lp has 0.03% invested in American Express Company (NYSE:AXP). M&R Cap owns 3,392 shs. 3,715 were reported by Van Den Berg Mgmt I Incorporated. Sandhill Cap Prtnrs Ltd Liability invested in 0.11% or 6,210 shs. The Alabama-based Associated Banc has invested 0.03% in American Express Company (NYSE:AXP). Srb Corp, a Massachusetts-based fund reported 2,087 shs. Fort Washington Advisors Inc Oh has invested 0.19% in American Express Company (NYSE:AXP). Bessemer Grp Inc stated it has 13,781 shs. Somerville Kurt F reported 6,100 shs. Nuwave Investment Mngmt Ltd Liability stated it has 0.01% in American Express Company (NYSE:AXP).

American Express Company registered $37.90 million net activity with 0 insider buys and 9 selling transactions since December 11, 2017. On Thursday, December 14 $9.38M worth of stock was sold by CHENAULT KENNETH I. $5.07 million worth of American Express Company (NYSE:AXP) was sold by Cox L Kevin. $8.79M worth of American Express Company (NYSE:AXP) shs were sold by Buckminster Douglas E.. Squeri Stephen J sold 12,500 shs worth $1.23 million. $5.63M worth of stock was sold by Gupta Ashwini on Tuesday, December 12. 13,356 shs were sold by Bush James Peter, worth $1.32 million on Thursday, February 1.

American Express Company (NYSE:AXP) Ratings Coverage

A total of 23 analysts rate American Express (NYSE:AXP) as follows: 11 “Buy”, 10 “Hold” and 2 “Sell”. Тherefore 48% are bullish. (NYSE:AXP) has 38 ratings reports on 16 May 2018 according to StockzIntelligence. On Friday, January 19 the stock of American Express Company (NYSE:AXP) has “Buy” rating given by Wells Fargo. On Thursday, March 15 Sandler O’Neill maintained American Express Company (NYSE:AXP) with “Buy” rating. On Monday, December 18 the firm has “Buy” rating given by Bank of America. In Friday, January 19 report RBC Capital Markets maintained the stock with “Sell” rating. On Thursday, April 12 the company was maintained by Oppenheimer. On Friday, January 12 the stock of American Express Company (NYSE:AXP) has “Hold” rating given by J.P. Morgan. On Tuesday, December 5 the firm earned “Sell” rating by Credit Suisse. On Thursday, April 19 the firm earned “Equal-Weight” rating by Barclays Capital. On Thursday, December 28 Susquehanna maintained American Express Company (NYSE:AXP) with “Buy” rating. On Thursday, January 18 the stock has “Buy” rating by Keefe Bruyette & Woods.

For more American Express Company (NYSE:AXP) news published briefly go to: Seekingalpha.com, Seekingalpha.com, Streetinsider.com, Livetradingnews.com or Benzinga.com. The titles are as follows: “How Far Could American Express Fall?” published on May 02, 2018, “American Express Is Firing On All Cylinders” on April 19, 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 Company (NYSE:AXP) Heffx Technical Review” and the last “Warren Buffett Pushing More Cash To Equities; ‘Big 5’ Stocks Still At The Top” with publication date: May 16, 2018.

American Express Company (NYSE:AXP) Institutional Investors Chart

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