Published: Tue, March 13, 2018
Business | By Tara Barton

American Express (AXP) Receives Average Rating of "Hold" from Analysts

Insiders own 0.67% of the company's stock. About 4.78 million shares traded. The stock decreased 1.40% or $1.39 during the last trading session, reaching $97.66. Fossil Group, Inc. (NASDAQ:FOSL) has declined 54.09% since March 12, 2017 and is downtrending. It has underperformed by 9.96% the S&P500.

Colony Group Llc increased its stake in American Express (AXP) by 1404.02% based on its latest 2017Q3 regulatory filing with the SEC. Gfs Advisors Llc sold 3,925 shares as the company's stock declined 3.65% while stock markets rallied. The institutional investor held 2.37M shares of the consumer services company at the end of 2017Q3, valued at $171.27 million, up from 2.30 million at the end of the previous reported quarter. Gfs Advisors Llc who had been investing in American Express Co for a number of months, seems to be less bullish one the $85.21 billion market cap company. The stock decreased 1.23% or $2.33 during the last trading session, reaching $187.07. Following the completion of the sale, the insider now directly owns 92,504 shares of the company's stock, valued at $9,199,522.80.

American Express (NYSE:AXP) has earned an average rating of "Hold" from the thirty-two ratings firms that are now covering the stock, MarketBeat reports. It has outperformed by 9.10% the S&P500.

Investors sentiment increased to 0.83 in Q3 2017. Its up 0.06, from 0.83 in 2017Q2. (NASDAQ:PEGI) for 495,888 shares. River & Mercantile Asset Mgmt Limited Liability Partnership accumulated 0.51% or 655,170 shares. Aqr Cap Ltd Liability stated it has 0.03% of its portfolio in American Express Company (NYSE:AXP). Pattern Energy Group Inc. (NASDAQ:GRPN). Macquarie Group Limited reported 111,400 shares or 0% of all its holdings. Jpmorgan Chase & holds 0% or 711,092 shares. (NASDAQ:AAPL). Reliance Of Delaware holds 1.21% or 51,593 shares in its portfolio. National Bank & Trust Of Montreal Can owns 33 shares. M Secs has invested 0.07% of its portfolio in Firsthand Technology Value Fund, Inc. The firm owned 68,636 shares of the payment services company's stock after selling 779 shares during the period. Rand Wealth Lc reported 32,646 shares. Savant Capital Ltd Company holds 7,667 shares. Therefore 18% are positive. The stock of Pattern Energy Group Inc. As per Monday, October 5, the company rating was maintained by Piper Jaffray. Cantor Fitzgerald maintained Anthem, Inc. Needham has "Buy" rating and $29 target. Goldman Sachs maintained the shares of AXP in report on Thursday, April 21 with "Neutral" rating. Schwab Charles Invest Inc accumulated 72,472 shares. (NASDAQ:GRPN) rating on Thursday, November 2. Jefferies maintained the shares of AXP in report on Tuesday, May 30 with "Hold" rating. Oppenheimer set a $117.00 target price on shares of American Express and gave the stock a "buy" rating in a research report on Tuesday, February 20th. The company was maintained on Friday, July 21 by Deutsche Bank. Zacks Investment Research upgraded American Express from a "hold" rating to a "buy" rating and set a $113.00 price target on the stock in a research report on Thursday, January 11th. Therefore 8% are positive. Apple Inc. had 383 analyst reports since July 21, 2015 according to SRatingsIntel. The firm's quarterly revenue was up 10.2% compared to the same quarter a year ago. The stock has "Equal-Weight" rating by Morgan Stanley on Monday, January 25. (NYSE:ANTM) earned "Buy" rating by Cantor Fitzgerald on Wednesday, October 25. The stock of American Express Company (NYSE:AXP) earned "Equal-Weight" rating by Barclays Capital on Friday, January 22. Tradition Capital Management LLC now owns 23,161 shares of the payment services company's stock valued at $1,951,000 after acquiring an additional 147 shares during the period. The firm has "Buy" rating by Compass Point given on Friday, April 15. Barclays Capital maintained American Express Company (NYSE:AXP) rating on Thursday, October 19. The rating was maintained by RBC Capital Markets with "Sell" on Friday, January 19. RBC Capital Markets maintained it with "Buy" rating and $18300 target in Tuesday, May 30 report. The company was downgraded on Tuesday, December 19 by Instinet. The payment services company reported $1.58 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.54 by $0.04. HDS's profit will be $81.70M for 20.76 P/E if the $0.44 EPS becomes a reality. Grassi reported 0.36% in American Express Company (NYSE:AXP).

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The rating was maintained by Moffett Nathanson with "Hold" on Monday, September 18. (NASDAQ:NFLX) on Tuesday, February 20. The stock of The Progressive Corporation (NYSE:PGR) has "Sell" rating given on Thursday, March 17 by Goldman Sachs.

Investors sentiment increased to 0.89 in 2017 Q3. Its up 0.01, from 0.82 in 2017Q2. It improved, as 47 investors sold AXP shares while 434 reduced holdings. 100 funds opened positions while 297 raised stakes. Jana Partners Llc owns 9.09 million shares or 6.81% of their U.S. portfolio. Clarkston Ptnrs Limited Co stated it has 370,009 shares. (NASDAQ:SVVC). Raymond James Financial Svcs Advsrs Incorporated holds 0% or 11,000 shares. Bath Savings Tru Communications has 0.11% invested in American Express Company (NYSE:AXP). Martingale Asset LP stated it has 70,109 shares. Cwm Ltd Llc accumulated 349 shares. 600 were reported by Liberty Capital Management. Sasco Capital Inc Ct, a Connecticut-based fund reported 2.65 million shares. Following the sale, the chief executive officer now directly owns 1,178,333 shares of the company's stock, valued at $114,651,800.90. Pinnacle Holding has invested 0.55% of its portfolio in American Express Company (NYSE:AXP). Hudock Cap Grp Limited Com holds 0.01% of its portfolio in American Express Company (NYSE:AXP) for 200 shares. Global Endowment Management LP reported 102,180 shares stake. Hanson & Doremus Invest Management reported 2,539 shares. Hartford Financial Mngmt owns 6,777 shares for 0.31% of their portfolio. Koshinski Asset reported 5,301 shares.

Since October 3, 2017, it had 0 insider purchases, and 5 insider sales for $26.38 million activity. $926,361 worth of stock was sold by Bush James Peter on Monday, October 2. Moreover, Bp Public Ltd Liability Co has 0.29% invested in American Express Company (NYSE:AXP) for 90,000 shares.

More notable recent American Express Company (NYSE:AXP) news were published by: which released: "Amex plans to cut merchant fees, and increase lending" on March 12, 2018, also with their article: "Ohio V. American Express: Do Monopoly Platforms Deserve Special Treatment ..." published on February 27, 2018, published: "Amex to woo retailers with biggest fee cut in 20 years" on March 11, 2018. Another trade for 88,930 shares valued at $8.79M was made by Buckminster Douglas E. on Monday, December 11.

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