Gfs Advisors Has Cut Its American Express Co (AXP) Stake by $1.64 Million; Abner Herrman & Brock Has Lifted Thermo Fisher Scientific (TMO) Stake by $597,051 as Market Value Rose

April 16, 2018 - By Adrian Mccoy

American Express Company (NYSE:AXP) Logo

Abner Herrman & Brock Llc increased its stake in Thermo Fisher Scientific Inc (TMO) by 10.88% based on its latest 2017Q4 regulatory filing with the SEC. Abner Herrman & Brock Llc bought 3,159 shares as the company’s stock rose 8.51% while stock markets declined. The institutional investor held 32,190 shares of the industrial machinery and components company at the end of 2017Q4, valued at $6.11M, up from 29,031 at the end of the previous reported quarter. Abner Herrman & Brock Llc who had been investing in Thermo Fisher Scientific Inc for a number of months, seems to be bullish on the $86.24 billion market cap company. The stock increased 0.48% or $1.02 during the last trading session, reaching $214.35. About 676,362 shares traded. Thermo Fisher Scientific Inc. (NYSE:TMO) has risen 33.66% since April 16, 2017 and is uptrending. It has outperformed by 22.11% the S&P500.

Gfs Advisors Llc decreased its stake in American Express Co (AXP) by 52.93% based on its latest 2017Q4 regulatory filing with the SEC. Gfs Advisors Llc sold 16,575 shares as the company’s stock declined 7.41% with the market. The institutional investor held 14,738 shares of the consumer services company at the end of 2017Q4, valued at $1.47 million, down from 31,313 at the end of the previous reported quarter. Gfs Advisors Llc who had been investing in American Express Co for a number of months, seems to be less bullish one the $80.02B market cap company. The stock decreased 0.34% or $0.32 during the last trading session, reaching $93.03. About 2.51 million shares traded. American Express Company (NYSE:AXP) has risen 17.81% since April 16, 2017 and is uptrending. It has outperformed by 6.26% the S&P500.

Since December 15, 2017, it had 0 insider buys, and 8 selling transactions for $37.14 million activity. $511,511 worth of Thermo Fisher Scientific Inc. (NYSE:TMO) shares were sold by Williamson Stephen. Shares for $1.31 million were sold by Durbin Patrick M on Monday, February 5. CASPER MARC N had sold 50,000 shares worth $9.59 million on Friday, December 15. Herrema Gregory J. also sold $7.32M worth of Thermo Fisher Scientific Inc. (NYSE:TMO) on Friday, February 2.

Among 19 analysts covering Thermo Fisher Scientific (NYSE:TMO), 18 have Buy rating, 0 Sell and 1 Hold. Therefore 95% are positive. Thermo Fisher Scientific had 62 analyst reports since July 24, 2015 according to SRatingsIntel. On Thursday, July 23 the stock rating was maintained by Mizuho with “Buy”. Evercore initiated it with “Buy” rating and $220.0 target in Wednesday, January 3 report. Bank of America maintained it with “Buy” rating and $250 target in Thursday, February 1 report. The stock has “Neutral” rating by Cleveland on Friday, September 9. Barclays Capital maintained the shares of TMO in report on Monday, September 25 with “Buy” rating. The rating was initiated by Deutsche Bank with “Buy” on Thursday, January 7. The rating was maintained by Leerink Swann with “Buy” on Monday, December 4. On Thursday, February 1 the stock rating was maintained by Morgan Stanley with “Overweight”. The firm earned “Hold” rating on Friday, October 20 by Jefferies. As per Tuesday, May 3, the company rating was maintained by Mizuho.

Abner Herrman & Brock Llc, which manages about $1.13 billion and $594.27 million US Long portfolio, decreased its stake in American International Group (NYSE:AIG) by 67,596 shares to 3,560 shares, valued at $212,000 in 2017Q4, according to the filing. It also reduced its holding in Philip Morris International In (NYSE:PM) by 15,683 shares in the quarter, leaving it with 68,972 shares, and cut its stake in Kraft Heinz Co.

Investors sentiment decreased to 0.91 in Q4 2017. Its down 0.05, from 0.96 in 2017Q3. It dived, as 43 investors sold TMO shares while 410 reduced holdings. 93 funds opened positions while 319 raised stakes. 335.65 million shares or 0.74% more from 333.20 million shares in 2017Q3 were reported. Mufg Americas Corporation holds 0.11% or 19,395 shares in its portfolio. 6,036 are held by Hl Financial Ltd Co. Jp Marvel Advsrs Ltd owns 49,734 shares. Dowling & Yahnke Limited Liability Corporation owns 11,240 shares for 0.19% of their portfolio. Capstone Advsrs Llc stated it has 0.01% in Thermo Fisher Scientific Inc. (NYSE:TMO). Caisse De Depot Et Placement Du Quebec reported 0.45% stake. Cohen Lawrence B owns 11,654 shares. Fisher Asset Management Llc accumulated 0% or 2,070 shares. Ngam Advsr Lp invested in 159,127 shares. First Western Capital Mgmt has invested 2.6% in Thermo Fisher Scientific Inc. (NYSE:TMO). Meiji Yasuda Life Insurance invested in 0.56% or 21,361 shares. Valley Advisers Inc, Pennsylvania-based fund reported 12 shares. Capital Rech Invsts has 19.52M shares for 1.09% of their portfolio. Cibc Retail Bank Usa holds 0.11% or 4,450 shares. Ashfield Prtnrs Ltd invested in 44,996 shares.

Investors sentiment increased to 0.89 in 2017 Q4. Its up 0.06, from 0.83 in 2017Q3. It is positive, as 42 investors sold AXP shares while 442 reduced holdings. 122 funds opened positions while 311 raised stakes. 701.90 million shares or 1.01% less from 709.03 million shares in 2017Q3 were reported. Violich Cap Management invested in 3,000 shares or 0.08% of the stock. 135,013 are held by Williams Jones & Limited Liability Company. Knightsbridge Asset Management Lc, California-based fund reported 79,193 shares. First Quadrant Limited Partnership Ca holds 61,054 shares or 0.11% of its portfolio. Eaton Vance Management has 1.32M shares. Natl Asset Management Inc reported 0.05% stake. Edge Wealth Mngmt Ltd Limited Liability Company owns 0.02% invested in American Express Company (NYSE:AXP) for 759 shares. Acropolis Invest Mgmt Limited Liability Corporation holds 0.21% in American Express Company (NYSE:AXP) or 13,601 shares. Schwerin Boyle Cap Inc holds 5.09% of its portfolio in American Express Company (NYSE:AXP) for 469,660 shares. Ballentine Ptnrs Ltd accumulated 0.03% or 5,458 shares. Rathbone Brothers Public Limited Company reported 5,284 shares stake. Essex Inv Management Ltd Llc invested 0.08% in American Express Company (NYSE:AXP). Stewart West Indies Trading Communications Limited reported 210,000 shares. Meristem Limited Liability Partnership invested 0.19% in American Express Company (NYSE:AXP). Dynamic Cap Mngmt owns 2,454 shares or 0.08% of their US portfolio.

Analysts await American Express Company (NYSE:AXP) to report earnings on April, 18. They expect $1.71 EPS, up 27.61% or $0.37 from last year’s $1.34 per share. AXP’s profit will be $1.47 billion for 13.60 P/E if the $1.71 EPS becomes a reality. After $1.58 actual EPS reported by American Express Company for the previous quarter, Wall Street now forecasts 8.23% EPS growth.

Gfs Advisors Llc, which manages about $755.79 million and $461.80M US Long portfolio, upped its stake in Glaxosmithkline Plc (NYSE:GSK) by 10,636 shares to 27,438 shares, valued at $974,000 in 2017Q4, according to the filing. It also increased its holding in Vanguard Intl Equity Index F (VEU) by 11,443 shares in the quarter, for a total of 62,292 shares, and has risen its stake in China Mobile Limited (NYSE:CHL).

Among 37 analysts covering American Express Company (NYSE:AXP), 13 have Buy rating, 3 Sell and 21 Hold. Therefore 35% are positive. American Express Company had 112 analyst reports since July 23, 2015 according to SRatingsIntel. On Monday, October 26 the stock rating was downgraded by UBS to “Sell”. The firm has “Buy” rating given on Thursday, September 17 by Janney Capital. The rating was maintained by Jefferies on Tuesday, May 30 with “Hold”. On Thursday, January 18 the stock rating was maintained by Keefe Bruyette & Woods with “Buy”. The stock has “Hold” rating by Piper Jaffray on Friday, October 13. As per Wednesday, August 23, the company rating was maintained by BMO Capital Markets. The stock of American Express Company (NYSE:AXP) earned “Equal-Weight” rating by Morgan Stanley on Thursday, October 19. The company was upgraded on Thursday, October 20 by Bank of America. The stock of American Express Company (NYSE:AXP) has “Reduce” rating given on Thursday, October 6 by Nomura. Goldman Sachs maintained it with “Neutral” rating and $67 target in Tuesday, June 7 report.

Since October 25, 2017, it had 0 insider buys, and 9 insider sales for $34.22 million activity. Bush James Peter sold 12,789 shares worth $1.27M. 30,761 shares were sold by Williams Anre D, worth $2.87 million on Wednesday, October 25. Another trade for 43,741 shares valued at $4.32 million was sold by O’Neill Michael John. $9.38M worth of stock was sold by CHENAULT KENNETH I on Thursday, December 14. Buckminster Douglas E. sold 88,930 shares worth $8.79 million. 56,680 shares were sold by Gupta Ashwini, worth $5.63M on Tuesday, December 12.

American Express Company (NYSE:AXP) 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:


>