Investure LLC Position in American Express Co (AXP) Raised as Stock Declined

July 27, 2018 - By Matthew Richard

American Express Company (NYSE:AXP) LogoInvestors sentiment decreased to 0.81 in 2018 Q1. Its down 0.08, from 0.89 in 2017Q4. It is negative, as 52 investors sold AXP shares while 462 reduced holdings. 99 funds opened positions while 318 raised stakes. 695.82 million shares or 0.87% less from 701.90 million shares in 2017Q4 were reported. Oregon Public Employees Retirement Fund reported 0.25% stake. Oakbrook Invs Llc stated it has 0.03% in American Express Company (NYSE:AXP). Noesis Capital Mangement owns 112,569 shares or 3.89% of their US portfolio. Tower Research Cap Llc (Trc) reported 31,822 shares. American International Gru holds 0.1% in American Express Company (NYSE:AXP) or 295,213 shares. Wright Invsts Service Inc holds 1.08% or 33,589 shares in its portfolio. Cullinan Assocs has 0.49% invested in American Express Company (NYSE:AXP) for 68,927 shares. Trillium Asset Management Limited Liability stated it has 0.01% in American Express Company (NYSE:AXP). Rfg Advisory Gru Ltd Liability Com stated it has 0.17% of its portfolio in American Express Company (NYSE:AXP). Clinton Grp Inc invested 0.02% in American Express Company (NYSE:AXP). Utah Retirement stated it has 134,333 shares. Ajo Limited Partnership holds 0.02% in American Express Company (NYSE:AXP) or 54,681 shares. The Virginia-based Virginia Retirement Systems Et Al has invested 0.03% in American Express Company (NYSE:AXP). Bowen Hanes And Inc holds 1.39% of its portfolio in American Express Company (NYSE:AXP) for 320,495 shares. Glenmede Tru Communication Na reported 0.19% stake.

Since February 1, 2018, it had 0 insider purchases, and 7 selling transactions for $10.78 million activity. Another trade for 13,356 shares valued at $1.32 million was made by Bush James Peter on Thursday, February 1. Another trade for 9,880 shares valued at $1.02 million was sold by Petrino Richard. CAMPBELL JEFFREY C had sold 9,000 shares worth $889,103. Squeri Stephen J also sold $1.23M worth of American Express Company (NYSE:AXP) shares. Another trade for 3,804 shares valued at $376,710 was sold by Buckminster Douglas E..

Investure Llc increased its stake in American Express Co (AXP) by 95.51% based on its latest 2018Q1 regulatory filing with the SEC. Investure Llc bought 91,275 shares as the company’s stock declined 0.53% with the market. The institutional investor held 186,845 shares of the consumer services company at the end of 2018Q1, valued at $17.43M, up from 95,570 at the end of the previous reported quarter. Investure Llc who had been investing in American Express Co for a number of months, seems to be bullish on the $88.26B market cap company. The stock decreased 0.13% or $0.13 during the last trading session, reaching $102.5. About 2.74 million shares traded. American Express Company (NYSE:AXP) has risen 30.55% since July 27, 2017 and is uptrending. It has outperformed by 17.98% the S&P500.

More notable recent American Express Company (NYSE:AXP) news were published by: Fool.com which released: “The Supreme Court Just Handed American Express a Major Victory” on July 04, 2018, also Forbes.com with their article: “American Express’ Headwinds Likely To Continue In The Near Term” published on July 25, 2018, Benzinga.com published: “Alternative Payment Methods Are Changing E-Commerce” on July 24, 2018. More interesting news about American Express Company (NYSE:AXP) were released by: Seekingalpha.com and their article: “American Express Company’s (AXP) Steve Squeri on Q2 2018 Results – Earnings Call Transcript” published on July 19, 2018 as well as Fool.com‘s news article titled: “3 Ways American Express Is Growing Its Revenue” with publication date: July 24, 2018.

American Express Company (NYSE:AXP) Ratings Coverage

Among 17 analysts covering American Express (NYSE:AXP), 9 have Buy rating, 1 Sell and 7 Hold. Therefore 53% are positive. American Express had 22 analyst reports since February 2, 2018 according to SRatingsIntel. As per Friday, July 20, the company rating was upgraded by DZ Bank. The firm has “Buy” rating by Buckingham Research given on Friday, June 29. Morgan Stanley maintained American Express Company (NYSE:AXP) rating on Friday, February 2. Morgan Stanley has “Equal-Weight” rating and $109 target. Oppenheimer maintained it with “Buy” rating and $11400 target in Wednesday, April 18 report. The firm has “Buy” rating given on Monday, February 12 by Nomura. The firm has “Buy” rating by Bernstein given on Thursday, April 19. On Thursday, April 19 the stock rating was maintained by Barclays Capital with “Equal-Weight”. Buckingham Research maintained it with “Neutral” rating and $111 target in Thursday, April 19 report. The firm earned “Sell” rating on Thursday, April 19 by RBC Capital Markets. The firm has “Buy” rating by UBS given on Tuesday, March 27.

American Express Company (NYSE:AXP) Institutional Positions Chart

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