Thompson Davis & Co Decreased American Express Co (AXP) Holding; Wageworks Has 1.58 Sentiment

March 23, 2018 - By Nellie Frank

Thompson Davis & Co decreased American Express Co (AXP) stake by 89.17% reported in 2017Q3 SEC filing. Thompson Davis & Co sold 5,700 shares as American Express Co (AXP)’s stock declined 3.65%. The Thompson Davis & Co holds 692 shares with $63,000 value, down from 6,392 last quarter. American Express Co now has $79.09 billion valuation. The stock increased 0.57% or $0.52 during the last trading session, reaching $91.93. About 556,269 shares traded. American Express Company (NYSE:AXP) has risen 22.41% since March 23, 2017 and is uptrending. It has outperformed by 5.71% the S&P500.

WageWorks, Inc. engages in administering consumer-directed benefits , which empower employees to save money on taxes, as well as provides corporate tax advantages for employers in the United States. The company has market cap of $1.78 billion. It administers CDBs, including pre-tax spending accounts, such as health savings accounts (HSAs), health and dependent care flexible spending accounts (FSAs), and health reimbursement arrangements (HRAs), as well as offers commuter benefit services, including transit and parking programs, wellness programs, Consolidated Omnibus Budget Reconciliation Act, and other employee benefits. It has a 38.23 P/E ratio. As of September 13, 2017, it had approximately 6.5 million employee participants from approximately 100,000 employer clients.

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 13.44 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.

Among 36 analysts covering American Express Company (NYSE:AXP), 11 have Buy rating, 4 Sell and 21 Hold. Therefore 31% are positive. American Express Company had 110 analyst reports since July 23, 2015 according to SRatingsIntel. The rating was initiated by Wells Fargo on Tuesday, October 10 with “Buy”. The firm has “Buy” rating given on Thursday, December 28 by Susquehanna. The firm earned “Hold” rating on Friday, October 6 by BMO Capital Markets. The company was maintained on Friday, January 22 by Oppenheimer. Barclays Capital maintained American Express Company (NYSE:AXP) on Thursday, January 11 with “Hold” rating. The firm has “Sell” rating by RBC Capital Markets given on Wednesday, June 14. On Tuesday, June 13 the stock rating was maintained by Keefe Bruyette & Woods with “Buy”. The stock of American Express Company (NYSE:AXP) has “Neutral” rating given on Wednesday, November 25 by Piper Jaffray. Evercore initiated the stock with “Hold” rating in Thursday, August 20 report. The company was upgraded on Tuesday, June 20 by Stephens.

Thompson Davis & Co increased Gulfport Energy Corp (NASDAQ:GPOR) stake by 24,372 shares to 24,895 valued at $357,000 in 2017Q3. It also upped Jpmorgan Chase & Co (NYSE:JPM) stake by 4,269 shares and now owns 6,394 shares. Exxon Mobil Corp (NYSE:XOM) was raised too.

Since October 2, 2017, it had 0 buys, and 10 insider sales for $35.14 million activity. On Monday, October 2 Bush James Peter sold $926,361 worth of American Express Company (NYSE:AXP) or 10,230 shares. On Wednesday, October 25 Williams Anre D sold $2.87M worth of American Express Company (NYSE:AXP) or 30,761 shares. The insider Zukauckas Linda sold $304,962. O’Neill Michael John sold 43,741 shares worth $4.32 million. $9.38 million worth of American Express Company (NYSE:AXP) shares were sold by CHENAULT KENNETH I. Buckminster Douglas E. also sold $8.79 million worth of American Express Company (NYSE:AXP) on Monday, December 11. 56,680 shares were sold by Gupta Ashwini, worth $5.63M.

Investors sentiment increased to 0.89 in 2017 Q3. Its up 0.06, from 0.83 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. Adage Capital Ptnrs Group Inc Inc Limited Liability Company owns 1.19M shares. Umb Commercial Bank N A Mo stated it has 23,997 shares or 0.07% of all its holdings. Acropolis Inv Limited Liability Company reported 45,614 shares or 0.21% of all its holdings. Creative Planning reported 57,163 shares stake. 4,631 were accumulated by 1832 Asset Mgmt Ltd Partnership. Lodestar Invest Counsel Ltd Com Il owns 52,937 shares for 0.59% of their portfolio. Central stated it has 2.32% of its portfolio in American Express Company (NYSE:AXP). Veritas Asset Mngmt Ltd Liability Partnership has 8.17% invested in American Express Company (NYSE:AXP). Benedict Financial reported 10,339 shares. Tradition Capital Mngmt Ltd Liability has invested 0.67% in American Express Company (NYSE:AXP). Wells Fargo Mn reported 0.07% stake. Meag Munich Ergo Kapitalanlagegesellschaft Mbh has 0.12% invested in American Express Company (NYSE:AXP) for 33,343 shares. Td Asset Mgmt stated it has 691,219 shares or 0.09% of all its holdings. One Cap Mgmt Lc holds 0.55% of its portfolio in American Express Company (NYSE:AXP) for 29,063 shares. The New York-based Epoch Invest Prtn Incorporated has invested 0.02% in American Express Company (NYSE:AXP).

The stock decreased 1.26% or $0.58 during the last trading session, reaching $44.92. About 35,897 shares traded. WageWorks, Inc. (WAGE) has risen 27.63% since March 23, 2017 and is uptrending. It has outperformed by 10.93% the S&P500.

Ratings analysis reveals 100% of WageWorks’s analysts are positive. Out of 3 Wall Street analysts rating WageWorks, 3 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $74.0 while the high is $86.0. The stock’s average target of $80 is 78.09% above today’s ($44.92) share price. WAGE was included in 3 notes of analysts from November 10, 2016. The stock has “Buy” rating by Needham on Thursday, November 10. The stock of WageWorks, Inc. (NYSE:WAGE) earned “Buy” rating by Stifel Nicolaus on Friday, January 27. The stock of WageWorks, Inc. (NYSE:WAGE) has “Buy” rating given on Wednesday, November 30 by Chardan Capital Markets.

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