American Express Company (AXP) At $99.74 Forms Top; Japan Smaller Capitalization Fund Has 0.95 Sentiment

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Japan Smaller Capitalization Fund Inc (JOF) investors sentiment decreased to 0.95 in Q4 2017. It’s down -0.67, from 1.62 in 2017Q3. The ratio turned negative, as 20 investment professionals increased or started new equity positions, while 21 decreased and sold positions in Japan Smaller Capitalization Fund Inc. The investment professionals in our database now possess: 20.52 million shares, down from 20.97 million shares in 2017Q3. Also, the number of investment professionals holding Japan Smaller Capitalization Fund Inc in top ten equity positions decreased from 2 to 0 for a decrease of 2. Sold All: 6 Reduced: 15 Increased: 7 New Position: 13.

American Express Company (AXP) formed multiple top with $106.72 target or 7.00% above today’s $99.74 share price. American Express Company (AXP) has $85.81 billion valuation. The stock increased 1.18% or $1.16 during the last trading session, reaching $99.74. About 3.20 million shares traded. American Express Company (NYSE:AXP) has risen 17.81% since May 9, 2017 and is uptrending. It has outperformed by 6.26% the S&P500.

The stock increased 0.41% or $0.05 during the last trading session, reaching $12.38. About 27,911 shares traded. Japan Smaller Capitalization Fund, Inc. (JOF) has risen 24.77% since May 9, 2017 and is uptrending. It has outperformed by 13.22% the S&P500.

Barry Investment Advisors Llc holds 7.77% of its portfolio in Japan Smaller Capitalization Fund, Inc. for 1.77 million shares. 1607 Capital Partners Llc owns 4.25 million shares or 2.8% of their US portfolio. Moreover, Bulldog Investors Llc has 2.32% invested in the company for 724,064 shares. The Florida-based Thomas J. Herzfeld Advisors Inc. has invested 0.89% in the stock. City Of London Investment Management Co Ltd, a United Kingdom-based fund reported 1.01 million shares.

Since December 11, 2017, it had 0 insider purchases, and 9 sales for $37.90 million activity. Gupta Ashwini had sold 56,680 shares worth $5.63M. On Monday, December 11 O’Neill Michael John sold $4.32M worth of American Express Company (NYSE:AXP) or 43,741 shares. 50,412 American Express Company (NYSE:AXP) shares with value of $5.07 million were sold by Cox L Kevin. Buckminster Douglas E. sold 88,930 shares worth $8.79M. 12,500 shares were sold by Squeri Stephen J, worth $1.23 million. CAMPBELL JEFFREY C sold $882,406 worth of stock. 96,440 American Express Company (NYSE:AXP) shares with value of $9.38M were sold by CHENAULT KENNETH I.

Among 38 analysts covering American Express Company (NYSE:AXP), 13 have Buy rating, 3 Sell and 22 Hold. Therefore 34% are positive. American Express Company has $130.0 highest and $54 lowest target. $98.11’s average target is -1.63% below currents $99.74 stock price. American Express Company had 123 analyst reports since July 23, 2015 according to SRatingsIntel. Jefferies maintained American Express Company (NYSE:AXP) on Wednesday, April 11 with “Hold” rating. The rating was downgraded by Nomura on Thursday, October 6 to “Reduce”. As per Wednesday, November 25, the company rating was reinitiated by Piper Jaffray. The company was initiated on Friday, September 9 by Atlantic Securities. The stock has “Buy” rating by Oppenheimer on Wednesday, April 18. The stock of American Express Company (NYSE:AXP) earned “Buy” rating by Sandler O’Neill on Thursday, March 15. Barclays Capital maintained American Express Company (NYSE:AXP) on Thursday, April 19 with “Equal-Weight” rating. The company was maintained on Friday, September 22 by Keefe Bruyette & Woods. Keefe Bruyette & Woods maintained the shares of AXP in report on Thursday, January 18 with “Buy” rating. The rating was maintained by RBC Capital Markets on Friday, January 19 with “Sell”.

American Express Company (NYSE:AXP) Institutional Positions Chart

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