BB&T Investment Services Inc. Buys New Position in American Express Company (AXP)

Recently, shares of American Express Company (NYSE:AXP) have been seen trading 15.95% away from the 200-day moving average and 4.92% off the 50-day moving average. It has outperformed by 19.67% the S&P500.

More notable recent American Express Company (NYSE:AXP) news were published by: Seekingalpha.com which released: "AmEx's Chenault holds court at last investor conference" on December 05, 2017, also Fool.com with their article: "Better Buy: American Express Company vs".

VANGUARD GROUP INC lowered its stake in American Express Company (NYSE:AXP) by 0.43% during the September 2017 quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. PBWM Holdings LLC now owns 10,000 shares of the payment services company's stock worth $640,000 after buying an additional 3,000 shares during the last quarter. (AXP)'s stock declined 3.65%. Westside Investment Management Inc. now owns 1,536 shares of the payment services company's stock valued at $129,000 after buying an additional 8 shares during the period. (NYSE:OMI) stake by 70,620 shares to 437,198 valued at $14.07M in 2017Q2. The shares were sold at an average price of $76.98, for a total value of $377,202.00. Stockholders of record on Friday, January 5th will be paid a dividend of $0.35 per share. It has outperformed by 5.71% the S&P500. Also included in the list of buyers for the last 3 months Ashwini Gupta who executed a direct buy for 90,000 shares on November 28, 2017.Officer James Peter Bush bought 16000 shares on November 1, 2017, bringing his total number of shares held to 87627. Visa Inc Cl A (NYSE:V) was raised too. MMM's profit will be $1.19B for 30.04 P/E if the $2.00 EPS becomes a reality. The investor is now holding 14,693,945 shares thanks to an increase of 4,513,000 new shares in their portfolio. Its up 0.04, from 0.78 in 2017Q1.

But it's not just selling activity that is creating investor interest in AXP; over the last several weeks, several insiders have bought shares. They expect $1.90 EPS, up 11.11% or $0.19 from last year's $1.71 per share. Texas Permanent School Fund holds 0.23% or 210,945 shares in its portfolio. Mirador Capital Prtnrs Lp, a California-based fund reported 7,248 shares. American Express Co (Put) now has $85.25 billion valuation. 12,011 are owned by St Johns Inv Company Ltd Llc. It also upped Ebay Inc 6.0 Pfd stake by 43,903 shares and now owns 549,291 shares. The company's quarterly revenue was up 8.5% compared to the same quarter last year. equities research analysts predict that American Express Company will post 5.86 earnings per share for the current year. Boston Common Asset Management Limited Co invested 1.14% of its portfolio in 3M Company (NYSE:MMM). American Express Company (NYSE:AXP) has consensus analyst target price is $95.28. 236,727 were accumulated by Herndon Capital Mngmt Lc.

Among 39 analysts covering Time Warner Inc. Therefore 29% are positive.

American Express Company, together with its subsidiaries, is a global services company. The firm has "Market Perform" rating given on Tuesday, December 22 by JMP Securities. The company now has a consensus rating of "Hold" and a consensus target price of $91.56. On Monday, June 26 the stock rating was maintained by Jefferies with "Buy". The stock has a market capitalization of $69.23 billion, a PE ratio of 13.98 and a beta of 1.19. The firm has "Buy" rating given on Monday, August 10 by Vetr. Tower Capital Ltd Co (Trc) reported 0.11% in American Express Company (NYSE:AXP).

Receive News & Ratings for American Express Company Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Express Company and related companies with MarketBeat.com's FREE daily email newsletter. As per Wednesday, April 26, the company rating was upgraded by Guggenheim.

Investors sentiment increased to 1.09 in Q2 2017. The company was downgraded on Friday, January 22 by Keefe Bruyette & Woods. Ontario - Canada-based Intact has invested 0.39% in 3M Company (NYSE:MMM). Ontario Teachers Pension Plan Board reported 0.12% stake. Everett Harris & Communications Ca has 0.01% invested in American Express Company (NYSE:AXP). (NYSE:TWX). State Board Of Administration Of Florida Retirement Sys holds 1.14M shares. Somerville Kurt F holds 4.3% of its portfolio in 3M Company (NYSE:MMM) for 101,139 shares. 348.55 million shares or 2.95% more from 338.55 million shares in 2017Q1 were reported. Franklin Inc reported 0.11% stake. Prtn Mngmt has 0.14% invested in American Express Company (NYSE:AXP). Chemung Canal Trust Co reported 17,876 shares. (NYSE:TWX). Amica Pension Fund Board Of Trustees owns 44,126 shares for 0.55% of their portfolio. Westside Investment Management Inc. boosted its position in American Express by 0.5% in the 2nd quarter. Rdl Financial Incorporated invested 1.03% in CVS Health Corporation (NYSE:CVS). With 252,700 avg volume, 0 days are for ARDEA RESOURCES LTD ORD AUSTRALIA (OTCMKTS:ARRRF)'s short sellers to cover ARRRF's short positions. Therefore 68% are positive. Webster Bank N A reported 0% in Tyson Foods, Inc. Jefferies downgraded the stock to "Hold" rating in Tuesday, September 20 report.

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