American Express (AXP) Earns Buy Rating from Analysts at Citigroup

The institutional investor held 20,514 shares of the consumer services company at the end of 2017Q4, valued at $2.04 million, down from 25,443 at the end of the previous reported quarter. American Express has a 12-month low of $75.51 and a 12-month high of $102.39. The stock decreased 0.34% or $0.32 during the last trading session, reaching $93.03. 3,670,251 shares of the stock traded hands. The company's revenue for the quarter was up 10.2% on a year-over-year basis. analysts predict that American Express will post 7.15 earnings per share for the current year. It has outperformed by 6.26% the S&P500. Handelsbanken Fonder AB now owns 220,000 shares of the payment services company's stock valued at $21,848,000 after acquiring an additional 30,000 shares during the period. The payment services company reported $1.58 EPS for the quarter, topping analysts' consensus estimates of $1.54 by $0.04. Gabelli Securities Inc who had been investing in General Communications Inc Cl for a number of months, seems to be bullish on the $1.31B market cap company. The stock increased 2.97% or $1.2 during the last trading session, reaching $41.6. About 80,591 shares traded. AT&T Inc. (NYSE:T) has declined 15.88% since April 16, 2017 and is downtrending. It has underperformed by 22.60% the S&P500. Westside Investment Management Inc. now owns 1,536 shares of the payment services company's stock valued at $129,000 after acquiring an additional 8 shares in the last quarter.

Westside Investment Management Inc. increased its holdings in shares of American Express by 0.5% during the second quarter. Its down 0.12, from 1.22 in 2017Q3. It is positive, as 42 investors sold AXP shares while 442 reduced holdings. 311 rose positions while 122 funds took positions. 701.90 million shares or 1.01% less from 709.03 million shares in 2017Q3 were reported. 154,317 were reported by Ahl Ptnrs Llp. Profund Ltd Liability stated it has 0.03% of its portfolio in NewMarket Corporation (NYSE:NEU). Lockheed Martin Investment Management Company bought 13,530 shares as the company's stock declined 7.41% with the market. Regentatlantic Cap Limited owns 0.02% invested in American Express Company (NYSE:AXP) for 2,306 shares. Cape Ann Comml Bank invested in 2,392 shares. Instinet assumed coverage on American Express in a report on Wednesday, January 3rd. M Secs holds 3,230 shares or 0.09% of its portfolio. Twin Tree Mngmt Lp holds 42,615 shares. Russell Investments Group Ltd. now owns 1,264,770 shares of the payment services company's stock worth $114,398,000 after purchasing an additional 204,946 shares during the period. The stock of American Express Company (NYSE:AXP) earned "Hold" rating by Barclays Capital on Thursday, January 11. State Of New Jersey Common Pension Fund D has 400,000 shares for 0.15% of their portfolio. Mitchell Mcleod Pugh And Williams holds 10,311 shares. 1,150 were reported by Endurance Wealth. Wms Prtn Limited Liability Co stated it has 0.13% of its portfolio in American Express Company (NYSE:AXP). Zeke Cap Advisors Limited Liability Company has 32,268 shares for 0.34% of their portfolio.

Since October 25, 2017, it had 0 insider buys, and 9 insider sales for $34.22 million activity. O'Neill Michael John sold $4.32 million worth of American Express Company (NYSE:AXP) on Monday, December 11. Following the completion of the transaction, the insider now directly owns 100,790 shares of the company's stock, valued at $9,942,933.50.

In related news, insider James Peter Bush sold 13,356 shares of American Express stock in a transaction dated Thursday, February 1st. Gupta Ashwini sold 56,680 shares worth $5.63M.

Analysts await American Express Company (NYSE:AXP) to report earnings on April, 18. AXP's profit will be $1.47 billion for 13.60 P/E if the $1.71 EPS becomes a reality. American Express Company had a return on equity of 33.49% and a net margin of 16.63%. The brokerage now has a buy rating on the payment services company's stock. On Tuesday, December 22 the stock rating was initiated by JMP Securities with "Market Perform". On Monday, October 26 the stock rating was downgraded by UBS to "Sell". One analyst has rated the stock with a sell rating, seventeen have issued a hold rating and thirteen have issued a buy rating to the company's stock. Jefferies maintained American Express Company (NYSE:AXP) on Tuesday, May 30 with "Hold" rating. Sandler O'Neill has "Buy" rating and $113.0 target. In Tuesday, January 2 report Stephens maintained it with "Hold" rating and $97.0 target. The rating was maintained by Keefe Bruyette & Woods with "Buy" on Thursday, December 21. On Monday, January 8 the stock rating was maintained by RBC Capital Markets with "Sell".

Lombard Odier Asset Management Switzerland Sa, which manages about $1.03 billion US Long portfolio, decreased its stake in Chevron Corp New (NYSE:CVX) by 20,307 shares to 6,462 shares, valued at $809,000 in 2017Q4, according to the filing. It also increased its holding in Medtronic Plc (NYSE:MDT) by 5,607 shares in the quarter, for a total of 13,380 shares, and has risen its stake in Morgan Stanley (NYSE:MS).

Since October 23, 2017, it had 0 insider purchases, and 11 selling transactions for $70.30 million activity. On Monday, April 2 Lawson Scott P sold $58,593 worth of Newmont Mining Corporation (NYSE:NEM) or 1,489 shares.

Among 3 analysts covering PriceSmart (NASDAQ:PSMT), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 52% are positive. PriceSmart had 7 analyst reports since September 1, 2015 according to SRatingsIntel.