Economy

Oppenheimer Analysts Give American Express (AXP) a $110.00 Price Target

162 funds opened positions while 352 raised stakes. About 2.51M shares traded. Also, the number of funds holding Cintas Corp in top ten stock positions decreased from 19 to 15 for a decrease of 4. American Express's dividend payout ratio (DPR) is presently 23.85%.

Hussman Strategic Advisors Inc decreased its stake in American Express Co (AXP) by 32.77% based on its latest 2017Q4 regulatory filing with the SEC. (AXP)'s stock declined 7.41%. Cubist Systematic Strategies LLC now owns 10,380 shares of the payment services company's stock worth $874,000 after purchasing an additional 6,223 shares in the last quarter. Seven analysts have issued estimates for American Express' earnings.

AXP stock traded down $0.32 on Friday, hitting $93.03. The company's stock had a trading volume of 2,510,271 shares, compared to its average volume of 3,600,604.

American Express (NYSE:AXP) last posted its quarterly earnings results on Thursday, January 18th. It has outperformed by 6.26% the S&P500. First Citizens Bank And Tru has invested 0.03% in American Express Company (NYSE:AXP). The positive are 52%. American Express had 34 analyst reports since October 19, 2017 according to SRatingsIntel. Michigan-based Ww Asset Mgmt has invested 0.21% in American Express Company (NYSE:AXP). Jefferies maintained the stock with "Hold" rating in Thursday, October 19 report. BMO Capital Markets downgraded Stryker Corporation (NYSE:SYK) rating on Monday, December 14. Wheatland Advsrs stated it has 0.33% in American Express Company (NYSE:AXP). The rating was maintained by Keefe Bruyette & Woods with "Buy" on Friday, September 22. (NYSE:CAT) rating on Wednesday, December 13. On Thursday, December 14 CHENAULT KENNETH I sold $9.38M worth of American Express Company (NYSE:AXP). The stock of American Express Company (NYSE:AXP) earned "Hold" rating by KeyBanc Capital Markets on Wednesday, August 23. Instinet assumed coverage on American Express in a research note on Wednesday, January 3rd. On Friday, February 2 the stock of American Express Company (NYSE:AXP) has "Equal-Weight" rating given by Morgan Stanley. The firm earned "Sell" rating on Thursday, November 12 by Citigroup.

AXP registered $34.22 million net activity with 0 buys and 9 insider sales since October 25, 2017. Shares for $304,962 were sold by Zukauckas Linda. The insider Gupta Ashwini sold $5.63M. Another trade for 30,761 shares valued at $2.87 million was sold by Williams Anre D. On Monday, December 11 Buckminster Douglas E. sold $8.79M worth of American Express Company (NYSE:AXP) or 88,930 shares. American Express Company (NYSE:AXP) has risen 17.81% since April 15, 2017 and is uptrending. Ladenburg Thalmann Financial Services Inc. now owns 41,420 shares of the payment services company's stock worth $3,750,000 after purchasing an additional 3,399 shares during the period.

Investors sentiment increased to 0.89 in 2017 Q4. 402.55 million shares or 0.18% more from 401.83 million shares in 2017Q3 were reported. It increased, as 42 investors sold American Express Company shares while 442 reduced holdings. FNY Partners Fund LP acquired a new position in shares of American Express Company during the fourth quarter worth approximately $111,000. Westside Investment Management Inc. now owns 1,536 shares of the payment services company's stock worth $129,000 after purchasing an additional 8 shares in the last quarter. Westside Investment Management Inc. lifted its holdings in American Express by 0.5% in the 2nd quarter. 53,741 were accumulated by Valueworks Limited Liability Company. Central has 150,000 shares for 2.39% of their portfolio. Bluemountain Mngmt Ltd Liability Com has invested 0.07% in American Express Company (NYSE:AXP). Winfield Incorporated accumulated 0.01% or 44 shares. 32,926 were reported by Columbia Asset Management. Barrow Hanley Mewhinney Strauss Ltd Liability Corporation has 2.24% invested in American Express Company (NYSE:AXP) for 15.11M shares. Murphy Cap Management has 22,175 shares. The institutional investor owned 95,280 shares of the payment services company's stock after buying an additional 13,216 shares during the period. Greatmark Prns Inc holds 3% or 83,458 shares in its portfolio. Westchester Cap Mngmt Incorporated owns 500 shares for 0.02% of their portfolio. Ronna Sue Cohen holds 2,504 shares or 0.18% of its portfolio. The stock was acquired at an average cost of $79.74 per share, for a total transaction of $318,960.00.

Chevy Chase Trust Holdings Inc increased its stake in Caterpillar Inc Del (CAT) by 0.56% based on its latest 2017Q4 regulatory filing with the SEC. It also increased its holding in Skyworks Solutions Inc (NASDAQ:SWKS) by 30,000 shares in the quarter, for a total of 50,000 shares, and has risen its stake in Integer Hldgs Corp. Anixter Intl Inc. (NYSE:AXE) was reduced too.

Ratings analysis reveals 0 of Cintas's analysts are positive. Atlantic Securities has "Hold" rating and $100.0 target. American Express Company has a 12-month low of $55.62 and a 12-month high of $80.45. $107.40's average target is 15.45% above currents $93.03 stock price. CTAS was included in 2 notes of analysts from August 26, 2016. The rating was downgraded by JP Morgan to "Neutral" on Friday, January 12. RBC Capital Markets has "Hold" rating and $120.0 target. Voya Inv Mngmt Ltd Com holds 2,653 shares. Amer National Bank & Trust owns 325 shares or 0.01% of their United States portfolio. The New York-based Miura Global Management Llc has invested 4.53% in the stock. Somerville Kurt F reported 6,100 shares.

Since January 1, 0001, it had 0 insider buys, and 1 sale for $1.99 million activity.

American Express Company, together with its subsidiaries, provides charge and credit payment card products and travel-related services to clients and businesses worldwide. The firm has a market capitalization of $72.25 billion, a price-to-earnings ratio of 14.19 and a beta of 1.19. The firm rents and services uniforms and other garments, including flame resistant clothing, mats, mops and shop towels, and other ancillary items; and provides restroom cleaning services and supplies, and carpet and tile cleaning services, as well as sells uniforms directly.



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