Lennar (LEN) Share Value Rose While First National Bank Of Mount Dora Trust Investment Services Decreased Its Position by $367,900; American Express (AXP) Stock Value Declined While Affinity Investment Advisors Has Decreased Holding

February 24, 2018 - By Clifton Ray

Affinity Investment Advisors Llc decreased its stake in American Express (AXP) by 9.33% based on its latest 2017Q3 regulatory filing with the SEC. Affinity Investment Advisors Llc sold 12,043 shares as the company’s stock declined 3.65% while stock markets rallied. The institutional investor held 117,100 shares of the consumer services company at the end of 2017Q3, valued at $10.59M, down from 129,143 at the end of the previous reported quarter. Affinity Investment Advisors Llc who had been investing in American Express for a number of months, seems to be less bullish one the $85.00B market cap company. The stock increased 1.49% or $1.45 during the last trading session, reaching $98.8. About 2.44 million shares traded. American Express Company (NYSE:AXP) has risen 22.41% since February 24, 2017 and is uptrending. It has outperformed by 5.71% the S&P500.

First National Bank Of Mount Dora Trust Investment Services decreased its stake in Lennar Corp (LEN) by 26.81% based on its latest 2017Q3 regulatory filing with the SEC. First National Bank Of Mount Dora Trust Investment Services sold 7,075 shares as the company’s stock rose 12.25% with the market. The institutional investor held 19,315 shares of the homebuilding company at the end of 2017Q3, valued at $1.02 million, down from 26,390 at the end of the previous reported quarter. First National Bank Of Mount Dora Trust Investment Services who had been investing in Lennar Corp for a number of months, seems to be less bullish one the $18.71B market cap company. The stock increased 1.04% or $0.61 during the last trading session, reaching $59.04. About 3.50 million shares traded. Lennar Corporation (NYSE:LEN) has risen 19.91% since February 24, 2017 and is uptrending. It has outperformed by 3.21% the S&P500.

Investors sentiment decreased to 0.92 in Q3 2017. Its down 0.28, from 1.2 in 2017Q2. It turned negative, as 44 investors sold LEN shares while 148 reduced holdings. 45 funds opened positions while 132 raised stakes. 187.83 million shares or 0.17% more from 187.51 million shares in 2017Q2 were reported. Moreover, Oakworth Capital has 0% invested in Lennar Corporation (NYSE:LEN). Principal Fin Grp owns 2.78 million shares or 0.14% of their US portfolio. Kentucky Retirement Systems holds 12,476 shares. Stevens Cap Management Limited Partnership reported 0.28% in Lennar Corporation (NYSE:LEN). California-based Whittier Tru has invested 0% in Lennar Corporation (NYSE:LEN). Salem Investment Counselors Inc reported 0.52% in Lennar Corporation (NYSE:LEN). Commonwealth Equity has 8,821 shares for 0% of their portfolio. National Bank & Trust Of America Corp De holds 4.95 million shares. Numeric Investors Lc has 11,600 shares. The New York-based Foundation Asset Mngmt Lp has invested 4.11% in Lennar Corporation (NYSE:LEN). Texas Permanent School Fund, Texas-based fund reported 56,310 shares. Mufg Americas Corporation holds 0% or 50 shares. Argent Tru has 0.11% invested in Lennar Corporation (NYSE:LEN) for 7,380 shares. Winslow Evans Crocker owns 31,058 shares. World reported 0% of its portfolio in Lennar Corporation (NYSE:LEN).

Since October 2, 2017, it had 0 insider buys, and 9 sales for $16.82 million activity. 20,000 shares were sold by JAFFE JONATHAN M, worth $1.28 million on Tuesday, January 2. Collins David M also sold $355,750 worth of Lennar Corporation (NYSE:LEN) on Thursday, January 18. The insider SUSTANA MARK sold $8.69M. Shares for $695,000 were sold by BESSETTE DIANE J.

Analysts await Lennar Corporation (NYSE:LEN) to report earnings on April, 9. They expect $0.82 EPS, up 38.98% or $0.23 from last year’s $0.59 per share. LEN’s profit will be $259.83 million for 18.00 P/E if the $0.82 EPS becomes a reality. After $1.29 actual EPS reported by Lennar Corporation for the previous quarter, Wall Street now forecasts -36.43% negative EPS growth.

Among 25 analysts covering Lennar (NYSE:LEN), 22 have Buy rating, 0 Sell and 3 Hold. Therefore 88% are positive. Lennar had 68 analyst reports since September 22, 2015 according to SRatingsIntel. The rating was maintained by Keefe Bruyette & Woods with “Outperform” on Wednesday, September 21. Susquehanna maintained it with “Positive” rating and $56 target in Wednesday, March 30 report. As per Wednesday, March 30, the company rating was maintained by Credit Suisse. The firm has “Outperform” rating by Raymond James given on Monday, June 27. Keefe Bruyette & Woods maintained Lennar Corporation (NYSE:LEN) rating on Thursday, December 21. Keefe Bruyette & Woods has “Buy” rating and $74.0 target. The firm has “Neutral” rating by Wedbush given on Friday, December 29. The firm has “Neutral” rating by Credit Suisse given on Monday, February 8. The firm earned “Buy” rating on Wednesday, October 4 by Bank of America. The stock has “Neutral” rating by M Partners on Monday, December 21. The stock of Lennar Corporation (NYSE:LEN) earned “Neutral” rating by Citigroup on Wednesday, October 4.

First National Bank Of Mount Dora Trust Investment Services, which manages about $203.33M US Long portfolio, upped its stake in Microsoft Corp (NASDAQ:MSFT) by 13,473 shares to 57,133 shares, valued at $4.26 million in 2017Q3, according to the filing. It also increased its holding in Wal (NYSE:WMT) by 5,494 shares in the quarter, for a total of 35,126 shares, and has risen its stake in Public Svc Enterprise Group (NYSE:PEG).

Investors sentiment increased to 0.83 in 2017 Q3. Its up 0.01, from 0.82 in 2017Q2. It increased, as 47 investors sold AXP shares while 434 reduced holdings. 100 funds opened positions while 297 raised stakes. 709.03 million shares or 0.92% less from 715.61 million shares in 2017Q2 were reported. Envestnet Asset Mngmt holds 0.06% in American Express Company (NYSE:AXP) or 276,701 shares. Transamerica Advisors invested 0.97% in American Express Company (NYSE:AXP). Montag A Assocs Inc has 0.06% invested in American Express Company (NYSE:AXP). Nuveen Asset Mgmt Ltd Limited Liability Company reported 231,554 shares. Moreover, Chesley Taft And Assoc Llc has 0.77% invested in American Express Company (NYSE:AXP). Provise Mgmt Grp Ltd Liability Corporation holds 76,393 shares. Atlas Browninc holds 3,185 shares or 0.06% of its portfolio. 4,718 were accumulated by Bancshares Of The West. Live Your Vision Limited Liability Corporation holds 0.02% in American Express Company (NYSE:AXP) or 660 shares. Finemark Financial Bank And Tru, Florida-based fund reported 12,745 shares. Sg Americas Securities Limited Liability accumulated 44,116 shares. Reilly Advsrs Ltd Limited Liability Company has 0.01% invested in American Express Company (NYSE:AXP) for 693 shares. Bancshares Of Montreal Can owns 1.80 million shares. 124,429 were accumulated by 10. Strategic Advsrs Limited Liability Com accumulated 6,639 shares.

Affinity Investment Advisors Llc, which manages about $1.01B and $862.68M US Long portfolio, upped its stake in Unitedhealth Group Inc (NYSE:UNH) by 2,806 shares to 67,441 shares, valued at $13.21M in 2017Q3, according to the filing. It also increased its holding in Amgen Inc (NASDAQ:AMGN) by 22,459 shares in the quarter, for a total of 86,669 shares, and has risen its stake in Allergan Inc.

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 $1.47B for 14.44 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.

Since September 7, 2017, it had 0 buys, and 11 insider sales for $35.65 million activity. $2.87 million worth of American Express Company (NYSE:AXP) was sold by Williams Anre D on Wednesday, October 25. The insider Zukauckas Linda sold 3,196 shares worth $304,962. Shares for $9.38 million were sold by CHENAULT KENNETH I on Thursday, December 14. 56,680 shares valued at $5.63 million were sold by Gupta Ashwini on Tuesday, December 12. O’Neill Michael John also sold $4.32M worth of American Express Company (NYSE:AXP) on Monday, December 11. $506,340 worth of American Express Company (NYSE:AXP) shares were sold by Sobbott Susan.

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

>