American Express (AXP) Expected to Earn FY2018 Earnings of $7.25 Per Share

Monday, 12 Feb, 2018

Incline Global Management Llc bought 236,623 shares as the company's stock rose 2.44% with the market. The institutional investor held 247,235 shares of the finance company at the end of 2017Q3, valued at $14.91M, up from 228,403 at the end of the previous reported quarter. Budros Ruhlin & Roe Inc who had been investing in Amazon.Com Inc for a number of months, seems to be bullish on the $648.51 billion market cap company. The stock increased 2.08% or $0.6 during the last trading session, reaching $29.45. Following the completion of the transaction, the chief executive officer now directly owns 1,178,333 shares of the company's stock, valued at approximately $114,651,800.90. (NASDAQ:EBAY) has risen 44.45% since February 11, 2017 and is uptrending. It has outperformed by 5.71% the S&P500.

Nomura Asset Management Company Ltd increased American Express Co (AXP) stake by 3.25% reported in 2017Q3 SEC filing. The institutional investor held 20,507 shares of the consumer services company at the end of 2017Q3, valued at $1.86 million, down from 24,037 at the end of the previous reported quarter. Godshalk Welsh Cap Management invested 1.31% in American Express Company (NYSE:AXP). Sigma Investment Counselors Inc. now owns 3,490 shares of the payment services company's stock valued at $294,000 after purchasing an additional 40 shares in the last quarter. About 8.02M shares traded or 116.62% up from the average.

American Express (NYSE:AXP) updated its FY18 earnings guidance on Thursday. It has outperformed by 27.75% the S&P500. William Blair also issued estimates for American Express' Q4 2017 earnings at $1.57 EPS, Q1 2018 earnings at $1.82 EPS, Q2 2018 earnings at $1.85 EPS, Q3 2018 earnings at $1.83 EPS and Q4 2018 earnings at $1.75 EPS. Its down 0.27, from 1.67 in 2017Q2. It fall, as 92 investors sold WFC shares while 725 reduced holdings. 72 funds opened positions while 186 raised stakes. Honeywell reported 310,300 shares or 0.99% of all its holdings. 3,391 shares were sold by Bush James Peter, worth $322,145. Eads And Heald Inv Counsel holds 21,320 shares. (NASDAQ:EBAY). Cwm Ltd stated it has 0.14% of its portfolio in eBay Inc. Trust Of Toledo Na Oh invested in 10,118 shares or 0.23% of the stock. Davenport And Ltd Com reported 0.01% in Yum! (NASDAQ:EBAY). The Ontario - Canada-based 1832 Asset LP has invested 0% in eBay Inc. Cwm Limited Liability Company stated it has 804 shares. Alliancebernstein LP reported 641,718 shares stake. Leisure Cap Mgmt holds 19,719 shares. First Heartland Consultants holds 0.17% or 7,564 shares in its portfolio. Summit Securities Grp Limited Liability owns 12,300 shares. Taurus Asset Mngmt Limited accumulated 0.55% or 38,776 shares. 15,000 were accumulated by Eagle Ridge Invest Mngmt. Independent Bank Group, Inc. $8.79 million worth of stock was sold by Buckminster Douglas E. on Monday, December 11.

Among 28 analysts covering YUM! Therefore 39% are positive. YUM! Amazon.com had 271 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned "Hold" rating on Tuesday, August 11 by Zacks. The company has a consensus rating of Hold and a consensus target price of $101.56. On Tuesday, January 19 the stock rating was maintained by Credit Suisse with "Underperform".

The firm also recently announced a quarterly dividend, which was paid on Friday, February 9th. On Monday, October 26 the stock rating was downgraded by UBS to "Sell". The stock has "Equal-Weight" rating by First Analysis on Wednesday, March 1.

Since September 7, 2017, it had 0 insider purchases, and 11 sales for $35.65 million activity. Williams Anre D sold 30,761 shares worth $2.87M. 96,440 shares were sold by CHENAULT KENNETH I, worth $9.38M on Thursday, December 14. Another trade for 43,741 shares valued at $4.32 million was made by O'Neill Michael John on Monday, December 11. Gupta Ashwini sold $5.63M worth of stock.

Investors sentiment decreased to 1.4 in 2017 Q3. Its down 0.15, from 0.88 in 2017Q2. It improved, as 47 investors sold AXP shares while 434 reduced holdings. The payment services company reported $1.58 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.54 by $0.04. Stock Yards National Bank & Trust And Trust holds 0.05% of its portfolio in American Express Company (NYSE:AXP) for 4,377 shares.

Frontier Investment Mgmt Company, which manages about $1.19 billion and $1.21B US Long portfolio, decreased its stake in Cisco Systems (NASDAQ:CSCO) by 13,218 shares to 364,214 shares, valued at $12.25M in 2017Q3, according to the filing. Mufg Americas Corp holds 0.56% or 194,744 shares in its portfolio. Banc Funds Co Llc, a Illinois-based fund reported 227,760 shares. Product Partners Llc holds 0.81% of its portfolio in American Express Company (NYSE:AXP) for 269,400 shares. Department Mb Fin Natl Bank N A has 810 shares for 0.01% of their portfolio. Grandfield Dodd invested in 27,429 shares. Holowesko Prtn Ltd owns 956,000 shares for 6.89% of their portfolio.

American Express (NYSE:AXP) last released its earnings results on Thursday, January 18th. California State Teachers Retirement reported 1.30M shares. Shareholders of record on Friday, January 5th were given a dividend of $0.35 per share. Laurion Capital Mngmt Limited Partnership, a New York-based fund reported 112,202 shares. Advisory Services Network LLC raised its stake in American Express by 0.4% during the 2nd quarter. Utd Advisers Ltd Liability Co accumulated 7,969 shares. It also reduced its holding in Broadcom Ltd by 56,965 shares in the quarter, leaving it with 234,381 shares, and cut its stake in Athenahealth Inc (NASDAQ:ATHN). $506,340 worth of American Express Company (NYSE:AXP) shares were sold by Sobbott Susan. Therefore 73% are positive. The rating was maintained by Aegis Capital on Friday, July 28 with "Buy". Jefferies maintained the stock with "Hold" rating in Thursday, September 28 report. As per Thursday, January 11, the company rating was maintained by Barclays Capital. The stock of American Express Company (NYSE:AXP) earned "Hold" rating by S&P Research on Thursday, July 23. On Tuesday, January 17 the stock rating was upgraded by JP Morgan to "Overweight". On Friday, August 18 the stock rating was maintained by Keefe Bruyette & Woods with "Buy". Sandler O'Neill maintained American Express Company (NYSE:AXP) on Tuesday, January 16 with "Buy" rating.

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