First Manhattan Company Cut By $2.22 Million Its American Express Co (AXP) Stake; Last Week FactSet Research Systems Inc. (FDS) Coverage

August 10, 2018 - By Rhonda Roth

American Express Company (NYSE:AXP) Logo

First Manhattan Company decreased American Express Co (AXP) stake by 2.14% reported in 2018Q1 SEC filing. First Manhattan Company sold 23,825 shares as American Express Co (AXP)’s stock declined 0.53%. The First Manhattan Company holds 1.09M shares with $101.58M value, down from 1.11M last quarter. American Express Co now has $88.68B valuation. The stock increased 0.20% or $0.21 during the last trading session, reaching $102.99. About 2.44M shares traded. American Express Company (NYSE:AXP) has risen 30.55% since August 10, 2017 and is uptrending. It has outperformed by 17.98% the S&P500. Some Historical AXP News: 15/05/2018 – American Express U.S. Small Business Card Member Average Loans Were $11.3 Billion for April; 18/04/2018 – After-hours buzz: AXP, SNBR, AA & more; 14/03/2018 – Moody’s Assigns Provisional Ratings To American Express 2018-2 Card Abs; 13/03/2018 – AMERICAN EXPRESS CO AXP.N SETS REGULAR QUARTERLY DIVIDEND OF $0.35/SHR; 16/04/2018 – American Express and Marriott Unveil New and Refreshed Starwood Preferred Guest Co-Branded Credit Cards; 26/04/2018 – American Express closer to breaking into elusive Chinese market; 18/04/2018 – American Express earnings beats: $1.86 per share, vs $1.71 per share expected; 18/04/2018 – American Express “off to a good start” in new financial year; 21/05/2018 – Fitch Rates American Express Credit Account Master Trust, Series 2018-4 & 2018-5; 18/04/2018 – AMERICAN EXPRESS CO QTRLY CONSOLIDATED EXPENSES WERE $6.9 BLN, UP 9 PERCENT FROM $6.3 BLN A YEAR AGO

Among 8 analysts covering Factset Research (NYSE:FDS), 0 have Buy rating, 1 Sell and 7 Hold. Therefore 0 are positive. Factset Research had 10 analyst reports since March 27, 2018 according to SRatingsIntel. The stock of FactSet Research Systems Inc. (NYSE:FDS) has “Sell” rating given on Wednesday, March 28 by UBS. Morgan Stanley maintained FactSet Research Systems Inc. (NYSE:FDS) rating on Wednesday, June 27. Morgan Stanley has “Equal-Weight” rating and $194 target. The stock of FactSet Research Systems Inc. (NYSE:FDS) earned “Hold” rating by Stifel Nicolaus on Wednesday, June 27. The rating was maintained by Morgan Stanley on Wednesday, March 28 with “Equal-Weight”. Cantor Fitzgerald maintained the shares of FDS in report on Wednesday, March 28 with “Neutral” rating. Bank of America maintained the stock with “Neutral” rating in Wednesday, April 18 report. As per Tuesday, March 27, the company rating was maintained by Stifel Nicolaus. The stock of FactSet Research Systems Inc. (NYSE:FDS) earned “Market Perform” rating by Wells Fargo on Wednesday, June 27. As per Tuesday, March 27, the company rating was maintained by Piper Jaffray. See FactSet Research Systems Inc. (NYSE:FDS) latest ratings:

27/06/2018 Broker: Wells Fargo Old Rating: Market Perform New Rating: Market Perform Old Target: $185 New Target: $190 Maintain
27/06/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $192 New Target: $194 Maintain
27/06/2018 Broker: Stifel Nicolaus Old Rating: Hold New Rating: Hold Old Target: $184 New Target: $188 Maintain
11/06/2018 Broker: DA Davidson Rating: Hold New Target: $185.0000
18/04/2018 Broker: Bank of America Old Rating: Neutral New Rating: Neutral Old Target: $210 New Target: $214 Maintain
28/03/2018 Broker: Cantor Fitzgerald Old Rating: Neutral New Rating: Neutral Old Target: $187 New Target: $203 Maintain
28/03/2018 Broker: UBS Old Rating: Sell New Rating: Sell Old Target: $179 New Target: $184 Maintain
28/03/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $186 New Target: $192 Maintain
27/03/2018 Broker: Piper Jaffray Rating: Hold New Target: $197.0000 Maintain
27/03/2018 Broker: Stifel Nicolaus Rating: Hold New Target: $184.0000 Maintain

Analysts await American Express Company (NYSE:AXP) to report earnings on October, 17. They expect $1.77 earnings per share, up 18.00% or $0.27 from last year’s $1.5 per share. AXP’s profit will be $1.52 billion for 14.55 P/E if the $1.77 EPS becomes a reality. After $1.84 actual earnings per share reported by American Express Company for the previous quarter, Wall Street now forecasts -3.80% negative EPS growth.

Among 17 analysts covering American Express (NYSE:AXP), 9 have Buy rating, 1 Sell and 7 Hold. Therefore 53% are positive. American Express had 21 analyst reports since February 12, 2018 according to SRatingsIntel. The firm earned “Buy” rating on Tuesday, February 20 by Oppenheimer. On Friday, July 20 the stock rating was upgraded by DZ Bank to “Buy”. UBS initiated the stock with “Buy” rating in Tuesday, March 27 report. The stock of American Express Company (NYSE:AXP) earned “Hold” rating by Guggenheim on Thursday, April 19. The company was maintained on Thursday, April 19 by Buckingham Research. The stock of American Express Company (NYSE:AXP) has “Hold” rating given on Wednesday, April 18 by Piper Jaffray. The stock of American Express Company (NYSE:AXP) has “Sell” rating given on Thursday, April 19 by RBC Capital Markets. The firm has “Buy” rating by Oppenheimer given on Wednesday, April 18. Barclays Capital maintained American Express Company (NYSE:AXP) rating on Thursday, April 19. Barclays Capital has “Equal-Weight” rating and $113 target. The rating was maintained by Susquehanna with “Buy” on Thursday, April 19.

First Manhattan Company increased Centurylink Inc (NYSE:CTL) stake by 46,000 shares to 115,865 valued at $1.90M in 2018Q1. It also upped Vanguard Ftse (VEA) stake by 18,500 shares and now owns 46,535 shares. Grace W R & Co Del (NYSE:GRA) was raised too.

Since February 21, 2018, it had 0 insider purchases, and 7 selling transactions for $10.36 million activity. The insider Petrino Richard sold 9,880 shares worth $1.02 million. 12,500 shares valued at $1.23 million were sold by Squeri Stephen J on Tuesday, May 1. $889,103 worth of stock was sold by CAMPBELL JEFFREY C on Friday, June 1. $5.07 million worth of American Express Company (NYSE:AXP) shares were sold by Cox L Kevin. 3,804 American Express Company (NYSE:AXP) shares with value of $376,710 were sold by Buckminster Douglas E..

Investors sentiment decreased to 0.81 in 2018 Q1. Its down 0.08, from 0.89 in 2017Q4. It worsened, as 52 investors sold AXP shares while 462 reduced holdings. 99 funds opened positions while 318 raised stakes. 695.82 million shares or 0.87% less from 701.90 million shares in 2017Q4 were reported. Winslow Asset Mngmt holds 1.01% of its portfolio in American Express Company (NYSE:AXP) for 56,291 shares. 1.18M were reported by State Treasurer State Of Michigan. Folger Nolan Fleming Douglas Capital Mngmt Inc accumulated 21,302 shares. Ingalls Snyder Limited Com holds 0.07% in American Express Company (NYSE:AXP) or 15,082 shares. Reilly Financial Advisors Llc owns 649 shares or 0.01% of their US portfolio. 2,400 are owned by Montag & Caldwell Limited Liability Com. Stewart And Patten Co Limited Com has invested 0.15% of its portfolio in American Express Company (NYSE:AXP). 537,988 were reported by Btim Corp. Tci Wealth Advsrs Inc stated it has 0.19% in American Express Company (NYSE:AXP). 2,300 are held by Legacy Private Tru. Live Your Vision Limited Liability Co holds 0.02% of its portfolio in American Express Company (NYSE:AXP) for 660 shares. Tctc Ltd has invested 0.05% in American Express Company (NYSE:AXP). Panagora Asset holds 0.24% or 647,730 shares in its portfolio. Pennsylvania-based Berkshire Asset Management Ltd Co Pa has invested 0.09% in American Express Company (NYSE:AXP). Royal Bank & Trust Of Scotland Grp Inc Public Limited holds 222,943 shares.

More recent American Express Company (NYSE:AXP) news were published by: Fool.com which released: “Better Buy: Square, Inc. vs. American Express” on August 09, 2018. Also Benzinga.com published the news titled: “Fintech Firm Even Financial Raises $18.8 Million Series A Round” on August 07, 2018. Benzinga.com‘s news article titled: “Alternative Payment Methods Are Changing E-Commerce” with publication date: July 24, 2018 was also an interesting one.

More notable recent FactSet Research Systems Inc. (NYSE:FDS) news were published by: Globenewswire.com which released: “FactSet Wins Lawsuit” on August 09, 2018, also Globenewswire.com with their article: “FactSet Announces Helen Shan as New Chief Financial Officer” published on July 27, 2018, Globenewswire.com published: “FactSet Launches New Cloud-Based Data Platform on Microsoft Azure” on July 24, 2018. More interesting news about FactSet Research Systems Inc. (NYSE:FDS) were released by: Globenewswire.com and their article: “Factors of Influence in 2018, Key Indicators and Opportunity within FactSet Research, Toro, VSE, WellCare Health …” published on August 02, 2018 as well as Globenewswire.com‘s news article titled: “Consolidated Research: 2018 Summary Expectations for TC PipeLines, LP, Gannett Co., Fair Isaac, Bed Bath …” with publication date: July 30, 2018.

Since April 13, 2018, it had 0 insider purchases, and 4 sales for $17.81 million activity. 70,000 shares valued at $14.25 million were sold by HADLEY PHILIP A on Thursday, July 12. Shares for $1.12 million were sold by Nicolelli Maurizio on Friday, April 13. Shares for $296,325 were sold by BILLEADEAU SCOTT A.

The stock increased 0.26% or $0.55 during the last trading session, reaching $214.01. About 214,170 shares traded. FactSet Research Systems Inc. (NYSE:FDS) has risen 24.05% since August 10, 2017 and is uptrending. It has outperformed by 11.48% the S&P500. Some Historical FDS News: 10/04/2018 – FactSet Expands Its Data Offering with Launch of Data Marketplace; 08/05/2018 – FactSet Announces Planned Departure of Its Chief Fincl Officer; 27/03/2018 – FactSet Research Sees FY Rev $1.34B-$1.36B; 27/04/2018 – Of the S&P 500 companies that have reported first-quarter results so far, 79.4 percent have topped analyst expectations, according to FactSet; 25/04/2018 – USD/TRY Falls to 4.0390 After Central Bank Decision, From 4.0817 Beforehand – Factset; 23/05/2018 – USD/TRY Rises Nearly 4% to Record High 4.8454 -FactSet; 07/03/2018 – Alberta Investment Management Corporation Selects FactSet’s Multi-Asset Class Investment Risk Analytics Platform; 08/05/2018 – FACTSET – NICOLELLI WILL REMAIN WITH FACTSET THROUGH DECEMBER 2018; 13/03/2018 – EUR/USD Rises to 5-Day High of 1.2386 – Factset; 26/04/2018 – FACTSET – CO, QUANTOPIAN ANNOUNCED NEW STRATEGIC RELATIONSHIP, PLAN TO LAUNCH A DATA ANALYSIS SOLUTION CALLED QUANTOPIAN ENTERPRISE

FactSet Research Systems Inc. (NYSE:FDS) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:


Recent Posts