Montgomery Investment Management Inc. Sells 1100 Shares of American Express Company (AXP)

Lloyd Doyle
December 10, 2017

The firm owned 17,569,357 shares of the company's stock after buying an additional 789,768 shares during the period. 378,300 are owned by Adams Diversified Equity Fund. Clifford Swan Counsel Ltd Llc accumulated 0.39% or 74,100 shares. American Express Company has $106 highest and $54 lowest target. The stock increased 0.38% or $0.37 during the last trading session, reaching $98.58. The fund owned 3,133 shares of the payment services company's stock after selling 1,100 shares during the period. Piedmont Investment Advisors LLC bought a new stake in American Express Company during the third quarter valued at $12,248,000. It has outperformed by 5.71% the S&P500. Outfitter Advsrs Ltd holds 0.3% or 9,433 shares. Therefore 21% are positive. Zillow Inc had 22 analyst reports since July 31, 2015 according to SRatingsIntel. (NASDAQ:Z) earned "Overweight" rating by Stephens on Wednesday, August 26. The company was maintained on Thursday, July 20 by Bank of America. The stock of Hanesbrands Inc. They issued a "neutral" rating and a $92.00 price target on the stock.

In related news, EVP Linda Zukauckas sold 3,196 shares of the company's stock in a transaction dated Friday, October 27th. Morgan Stanley maintained it with "Equal-Weight" rating and $90 target in Thursday, July 20 report. Sandler O'Neill upgraded the shares of AON in report on Monday, November 7 to "Buy" rating.

Investors of record on Friday, January 5th will be given a dividend of $0.35 per share. Its down 0.05, from 1.23 in 2017Q1.

Shares of American Express Company (AXP) opened at 80.31 on Monday. The payment services company reported $1.50 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.47 by $0.03. Colorado-based Alps Advsr Inc has invested 0% in American Express Company (NYSE:AXP). Fcg Advisors Limited Company has 3,295 shares for 0.13% of their portfolio. Private Asset reported 1.03% stake. 12,943 are held by Coastline Tru.


Trigran Investments Inc decreased Purecycle Corp (PCYO) stake by 8.6% reported in 2017Q2 SEC filing. On average, equities analysts anticipate that American Express Company will post $5.70 earnings per share for the current year. Ronna Sue Cohen holds 2,495 shares or 0.16% of its portfolio.

American Express Company (NYSE AXP) opened at $98.55 on Friday. 39,175 were reported by Family Mngmt Corporation. Fisher Asset Management Limited Liability Com reported 3.67 million shares stake. Klingenstein Fields And Com Lc stated it has 373,603 shares. Lawson Kroeker Mngmt Ne invested in 10,220 shares. Westpac reported 152,774 shares or 0% of all its holdings. First City Capital Management Inc has invested 0.3% of its portfolio in American Express Company (NYSE:AXP). During the same period in the prior year, the company posted $1.24 earnings per share. AXP's profit will be $1.35 billion for 15.90 P/E if the $1.55 EPS becomes a reality. SRS Capital Advisors Inc. lifted its position in shares of American Express by 10.3% during the 1st quarter. Barclays set a $93.00 price target on shares of American Express and gave the company a "hold" rating in a research note on Thursday, October 19th. Therefore 29% are positive. Credit Suisse maintained the shares of AXP in report on Thursday, October 19 with "Sell" rating. S&P Research maintained it with "Hold" rating and $80 target in Monday, September 14 report. Wells Fargo initiated American Express Company (NYSE:AXP) on Tuesday, October 10 with "Buy" rating. American Express Company (NYSE:AXP) has risen 22.41% since December 10, 2016 and is uptrending. The firm earned "Hold" rating on Monday, January 25 by Argus Research. Grandfield & Dodd Ltd has 0.3% invested in American Express Company (NYSE:AXP). The company was maintained on Friday, August 18 by Keefe Bruyette & Woods. As per Thursday, October 6, the company rating was downgraded by Nomura. As per Wednesday, April 26, the company rating was upgraded by Guggenheim. In other American Express Company news, insider Douglas E. Buckminster sold 46,950 shares of the company's stock in a transaction dated Tuesday, April 25th. Keefe, Bruyette & Woods set a $95.00 price target on shares of American Express and gave the stock a "buy" rating in a report on Saturday, August 19th.

Sentry Select Capital Corp increased Gilead Sciences Inc (NASDAQ:GILD) stake by 96,700 shares to 1.89M valued at $133.45M in 2017Q2. Farmer Bros Co (NASDAQ:FARM) was raised too. The stock has a market cap of $71.78 billion, a price-to-earnings ratio of 14.50 and a beta of 1.19. It operates through four divisions: U.S. It has a 19.09 P/E ratio. It sells bras, panties, shapewears, hosiery, menÂ's underwear, childrenÂ's underwear, and socks; and other activewear, such as T-shirts, fleece, sport shirts, performance T-shirts and shorts, sports bras, and thermals, as well as licensed logo apparel in collegiate bookstores, mass retailers, and other channels. Wellington Management Group LLP increased its position in American Express by 21.7% during the 1st quarter. Its up 0.02, from 1.31 in 2017Q1. BlackRock Inc. raised its position in American Express by 1.1% during the 2nd quarter. Zwj Inv Counsel Incorporated reported 183,954 shares. Great Lakes Ltd Liability Corporation has 598,474 shares. Numeric Limited Liability reported 0.01% stake. 338 were accumulated by Gemmer Asset Mngmt Limited Liability. BlackRock Inc. now owns 44,685,897 shares of the payment services company's stock worth $3,764,339,000 after purchasing an additional 508,030 shares during the last quarter. (NYSE:HBI) or 173,770 shares. Assetmark, California-based fund reported 4,058 shares. The investor is now holding $3.84 million shares due in part to a decrease of 228851 new shares in their portfolio. Moreover, Smith Salley & Associate has 0.49% invested in Hanesbrands Inc.

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