American Express Co Sentiment Worsening on Low Stock Potential

Alfred Osborne
January 13, 2018

Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 2,652 shares of the payment services company's stock valued at $223,000 after buying an additional 11 shares in the last quarter. American Express Co now has $87.88 billion valuation. The company's stock had a trading volume of 2,279,100 shares, compared to its average volume of 2,649,900. Dearborn Partners LLC now owns 2,861 shares of the payment services company's stock valued at $241,000 after buying an additional 18 shares in the last quarter.

American Express Company (NYSE:AXP) insider James Peter Bush sold 12,789 shares of the stock in a transaction that occurred on Tuesday, January 2nd. It has outperformed by 5.71% the S&P500. Century Cos reported 4.03M shares or 0.37% of all its holdings. Over the last 90 days, insiders sold 442,869 shares of company stock valued at $42,823,869. The stock increased 0.27% or $0.05 during the last trading session, reaching $18.5. About 81,656 shares traded. Synopsys, Inc. (SNPS) has risen 45.65% since January 11, 2017 and is uptrending. It has underperformed by 1.13% the S&P500.

Investors sentiment increased to 1.19 in 2017 Q3. Its up 0.01, from 0.82 in 2017Q2. Shares for $1.12M were sold by KNIGHT EDWARD S. 51 funds opened positions while 142 raised stakes. 2,861 were reported by Crestwood Advisors Group Lc. Navellier & Associates Inc invested in 0.27% or 15,200 shares. (NYSE:IT). Caisse De Depot Et Placement Du Quebec owns 10,300 shares. (NYSE:VRX) or 15,230 shares. Shine Invest Advisory Services Inc invested in 793 shares or 0.04% of the stock. Palisades Hudson Asset Mngmt Limited Partnership, Florida-based fund reported 3,834 shares. About 344,714 shares traded. Farr Miller & Washington Limited Liability Co Dc stated it has 4,950 shares. Oakworth Capital has 0% invested in Valeant Pharmaceuticals International, Inc. The California-based Mraz Amerine Assocs Incorporated has invested 0.26% in American Express Company (NYSE:AXP). 221,500 are held by Stanley Capital Ltd Llc. (NYSE:VRX). Maverick Capital stated it has 276,490 shares. It also increased its holding in Invesco Ltd (NYSE:IVZ) by 37,900 shares in the quarter, for a total of 5.80M shares, and has risen its stake in Franklin Res Inc (NYSE:BEN). It also reduced Parker Hannifin Corp Com (NYSE:PH) stake by 2,732 shares and now owns 535 shares.

Analysts await Nasdaq, Inc. (NYSE:VRX) to report earnings on February, 27. (NASDAQ:NDAQ) for 1,406 shares. VRX's profit will be $337.81 million for 6.14 P/E if the $0.97 EPS becomes a reality. Two investment analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and fourteen have issued a buy rating to the company. Therefore 60% are positive. Valeant Pharmaceuticals Intl had 148 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has "Equal-Weight" rating given on Thursday, September 24 by Morgan Stanley. The firm has "Underweight" rating by Atlantic Securities given on Friday, September 9. The company was maintained on Friday, September 22 by Keefe Bruyette & Woods. Evercore ISI reaffirmed a "hold" rating on shares of American Express Company in a research note on Saturday, October 15th. Chartist Inc bought 10 shares as the company's stock rose 5.34% with the market. The company was maintained on Wednesday, November 1 by JP Morgan. Finally, Wells Fargo & Co started coverage on shares of American Express in a research note on Tuesday, October 10th. Jefferies maintained Valeant Pharmaceuticals International, Inc. The rating was maintained by H.C. Wainwright with "Hold" on Friday, November 3.

American Express Company (NYSE:AXP) has risen 22.41% since January 12, 2017 and is uptrending.

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Cornercap Investment Counsel Inc increased Cabot Oil & Gas Corp (NYSE:COG) stake by 15,405 shares to 179,040 valued at $4.79M in 2017Q3.

Investors sentiment increased to 0.83 in 2017 Q3. Its up 0.06, from 0.57 in 2017Q2. The investor is now holding $7.82 million shares due in part to a decrease of 33434 new shares in their portfolio. 100 funds opened positions while 297 raised stakes. The payment services company reported $1.50 EPS for the quarter, beating the Zacks' consensus estimate of $1.47 by $0.03. American Express Company has a 52-week low of $50.27 and a 52-week high of $78.02. Richard Bernstein Advsr Ltd Com reported 0.47% of its portfolio in American Express Company (NYSE:AXP). Cadence Bancshares Na accumulated 2,218 shares. Axa holds 0.7% or 1.79M shares in its portfolio. Diversified Trust reported 30,748 shares. Winslow Evans Crocker Incorporated holds 3,884 shares.

American Express (NYSE:AXP) last released its quarterly earnings results on Wednesday, October 18th. Following the completion of the sale, the insider now owns 92,504 shares in the company, valued at $9,199,522.80. Violich Capital Mgmt reported 0.07% stake. The stock has a market cap of $69.86 billion, a price-to-earnings ratio of 13.68 and a beta of 1.20. Busey Company reported 17,926 shares or 0.19% of all its holdings. Bridgeway holds 89,442 shares. 143,134 are owned by Asset Mgmt. Bank of America maintained the shares of AXP in report on Thursday, October 19 with "Buy" rating. The stock has "Hold" rating by BMO Capital Markets on Thursday, May 11. The rating was upgraded by Nomura on Friday, April 28 to "Neutral". The stock has "Buy" rating by Susquehanna on Thursday, December 28. The stock has "Market Perform" rating by Keefe Bruyette & Woods on Friday, January 22. Goldman Sachs downgraded the shares of AXP in report on Wednesday, January 13 to "Neutral" rating. Credit Suisse downgraded it to "Sell" rating and $84.0 target in Tuesday, December 5 report. Cullinan Associate has invested 0.62% in American Express Company (NYSE:AXP). The insider CHENAULT KENNETH I sold $9.38M. Associated Banc owns 0.03% invested in American Express Company (NYSE:AXP) for 6,390 shares. Shares for $8.79M were sold by Buckminster Douglas E. 43,741 shares valued at $4.32M were sold by O'Neill Michael John on Monday, December 11. Finally, Westside Investment Management Inc. grew its stake in shares of American Express by 0.5% during the second quarter. Bath Savings Trust Co now owns 4,388 shares of the payment services company's stock valued at $369,000 after buying an additional 14 shares in the last quarter.

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