Investure LLC Increased Its American Express Co (AXP) Stake by $3.99 Million

May 16, 2018 - By Richard Doty

American Express Company (NYSE:AXP) Corporate LogoBig Money Sentiment increased to 0.89 in Q4 2017. It has change of 0.06, from 2017Q3’s 0.83. The ratio increased due to AXP positioning: 42 sold and 442 reduced. 122 funds amassed stakes and 311 increased stakes. Investors holded 709.03 million in 2017Q3 but now own 701.90 million shares or 1.01% less. Synovus has invested 0.04% in American Express Company (NYSE:AXP). Berkshire Hathaway Inc stated it has 7.87% of its capital in American Express Company (NYSE:AXP). Lenox Wealth Mngmt stated it has 0.03% of its capital in American Express Company (NYSE:AXP). Marco Inv reported 66,700 shs. 15,594 were reported by Syntal Cap Limited. Lmr Ltd Liability Partnership reported 19,301 shs. Legal And General Grp Incorporated Public Limited accumulated 0.27% or 3.71 million shs. Hirtle Callaghan And Llc invested 0.08% in American Express Company (NYSE:AXP). Summit Grp Inc Limited Liability Com invested 0.12% in American Express Company (NYSE:AXP). Connecticut-based Eagle Ridge Mngmt has invested 0.08% in American Express Company (NYSE:AXP). Capital One Association has 0.11% invested in American Express Company (NYSE:AXP). First Pacific Advsr Ltd Limited Liability Company reported 2.63M shs. Marble Harbor Invest Counsel Ltd Co owns 0.15% invested in American Express Company (NYSE:AXP) for 7,975 shs. Eastern Commercial Bank has 6,391 shs. Auxier Asset Mngmt accumulated 7,843 shs.

AXP had 9 insider sales and 0 buys since December 11, 2017. This’s net activity of $37.90 million. $9.38M worth of American Express Company (NYSE:AXP) shs were sold by CHENAULT KENNETH I. $5.07M worth of American Express Company (NYSE:AXP) shs were sold by Cox L Kevin. 43,741 American Express Company (NYSE:AXP) shs with value of $4.32 million were sold by O’Neill Michael John. CAMPBELL JEFFREY C sold $882,406 worth of American Express Company (NYSE:AXP) on Tuesday, May 1. On Monday, December 11 $8.79 million worth of stock was sold by Buckminster Douglas E.. 56,680 shs valued at $5.63 million were sold by Gupta Ashwini on Tuesday, December 12.

The holdings In American Express Co (AXP) was rose owned by Investure Llc. According to 2017Q4 SEC form the reduction is 72.93%. The company’s stock sank 7.41% while Investure Llc bought 40,304 shares. At the end of 2017Q4, the institutional investor held 95,570 shares of the consumer services company, priced at $9.49M, up from 55,266 at the end of the previous reported quarter. Investure Llc has cut its stake in and also reduced its holding in by shares in the quarter, for a total of shares.

For more American Express Company (NYSE:AXP) news announced recently go to: Seekingalpha.com, Nasdaq.com, Seekingalpha.com, Streetinsider.com or Nasdaq.com. The titles are as follows: “How Far Could American Express Fall?” announced on May 02, 2018, “3 Shiny New Crypto and Blockchain ETFs” on May 15, 2018, “American Express Is Firing On All Cylinders” with a publish date: April 19, 2018, “Buffett’s Berkshire 13F Confirms Increase in Apple (AAPL) Stake Along with Increase in Holdings of Teva (TEVA) (More…)” and the last “3 Dividend Stocks to Fund Your Nest Egg” with publication date: May 16, 2018.

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 Thursday, January 11 Barclays Capital maintained the shares of AXP in report with “Hold” rating. On Monday, February 12 the firm earned “Buy” rating by Nomura. On Tuesday, January 9 Wells Fargo maintained American Express Company (NYSE:AXP) rating. Wells Fargo has “Buy” rating and $115.0 target. On Monday, December 18 the stock of American Express Company (NYSE:AXP) earned “Buy” rating by Bank of America. On Tuesday, March 27 UBS initiated the shares of AXP in report with “Buy” rating. On Wednesday, April 11 the rating was maintained by Jefferies with “Hold”. In Thursday, April 19 report Guggenheim maintained the stock with “Hold” rating. On Thursday, January 18 the rating was maintained by Keefe Bruyette & Woods with “Buy”. On Friday, January 12 the company was downgraded by JP Morgan. On Thursday, March 15 the company was maintained by Sandler O’Neill.

American Express Company (NYSE:AXP) Institutional Investors Chart

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