Also, American Express Company (AXP) needs to expand a 53.07% increase it experienced over the past twelve months. The stock is trading for about -1.78% less than its 52-week high. MCF Advisors LLC raised its holdings in American Express by 0.3% in the 2nd quarter. Gabelli Funds Limited Liability Corp invested in 0.9% or 1.79M shares. Oppenheimer Asset Management has invested 0.01% in HFF, Inc.
On a per-share basis, the New York-based company said it had profit of $1.50. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC lifted its stake in American Express by 0.4% in the second quarter. The shares went up by 4.35% in value last month. American Express Co now has $81.47B valuation. The median estimate represents a 0.04% increase from the last price. The Diversified Trust Co holds 35,758 shares with $3.01 million value, down from 47,548 last quarter. Commerce Of Vermont owns 17,789 shares. Currently, the 200-day MA for American Express Company (AXP) is sitting at 81.81. The shares were sold at an average price of $85.88, for a total value of $513,648.28. As per Thursday, September 22, the company rating was initiated by B. Riley & Co. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
Total shares held by institutions as of the most recent company filings are 776,423,481 with a reported 21,514,956 bought and 30,667,853 sold. The disclosure for this sale can be found here. 4,900 shares valued at $377,212 were sold by GORDON MARC D on Wednesday, May 24. The stock declined 0.52% or $0.48 reaching $91.6 per share.
COPYRIGHT VIOLATION NOTICE: This piece of content was published by Dispatch Tribunal and is the property of of Dispatch Tribunal. Regions Financial invested 0.23% in American Express Company (NYSE:AXP).
Rampart Investment Management Company Llc increased American Express Co (AXP) stake by 310.86% reported in 2017Q2 SEC filing.
On 10/2/2017 James Peter Bush, Insider, sold 10,230 with an average share price of $90.55 per share and the total transaction amounting to $926,326.50. American Express has a 52-week low of $59.78 and a 52-week high of $92.92. On Thursday, June 1 the stock rating was maintained by BMO Capital Markets with "Hold". Fruth Invest Mgmt stated it has 0.51% of its portfolio in American Express Company (NYSE:AXP).
Interest in American Express Company (NYSE:AXP) has gathered pace in recent weeks as a result of the underlying changes in the state of insider activity.
Looking forward, for the quarter ending Dec-17, 20 analysts have a mean sales target of 8,533.78 million. American Express had a net margin of 14.11% and a return on equity of 21.90%. During the same period in the previous year, the firm posted $2.10 EPS. HFF Inc had 10 analyst reports since August 4, 2015 according to SRatingsIntel.
The business also recently announced a quarterly dividend, which will be paid on Friday, November 10th. (NYSE:JPM). National Bank Of Nova Scotia Trust has 0.73% invested in JPMorgan Chase & Co.
On 11/22/2016 announced a quarterly dividend of $0.32 1.76% with an ex dividend date of 1/4/2017 which will be payable on 1/6/2017. American Express's dividend payout ratio (DPR) is now 28.63%. These holdings make up 87.64% of the company's outstanding shares. This repurchase authorization authorizes the payment services company to repurchase up to 5.9% of its stock through open market purchases. Shares repurchase plans are generally a sign that the company's board of directors believes its shares are undervalued.
A number of equities research analysts have weighed in on the company. They noted that the move was a valuation call. The firm has "Buy" rating given on Thursday, October 22 by Argus Research. Goldman Sachs has "Neutral" rating and $62 target. Keefe, Bruyette & Woods set a $95.00 target price on American Express and gave the company a "buy" rating in a report on Saturday, August 19th. The rating was initiated by Evercore on Thursday, August 20 with "Hold". Buckminster Douglas E. sold $237,720 worth of American Express Company (NYSE:AXP) on Friday, April 28. Three investment analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and fourteen have given a buy rating to the company's stock. Stephens upgraded it to "Equal Weight" rating and $82 target in Tuesday, June 20 report.
American Express Company, together with its subsidiaries, is a global services company. The Company's principal services and products are charge and credit card products, and travel-related services, which are offered to clients and businesses around the world. The Company's divisions include the U.S.
Several other institutional investors have also modified their holdings of AXP.