As American Express Co (AXP) Share Value Declined, Royal Bank Of Scotland Group Plc Boosted by $16.31 Million Its Stake; Mrj Capital Has Increased Its Holding in Travelers Co(The) (TRV) by $351,000

April 17, 2018 - By Lawrence Diaz

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Mrj Capital Inc increased its stake in Travelers Co(The) (TRV) by 7.45% based on its latest 2017Q4 regulatory filing with the SEC. Mrj Capital Inc bought 2,600 shares as the company’s stock rose 1.76% while stock markets declined. The institutional investor held 37,500 shares of the finance company at the end of 2017Q4, valued at $5.09 million, up from 34,900 at the end of the previous reported quarter. Mrj Capital Inc who had been investing in Travelers Co(The) for a number of months, seems to be bullish on the $37.48 billion market cap company. The stock increased 0.83% or $1.135 during the last trading session, reaching $138.685. About 276,166 shares traded. The Travelers Companies, Inc. (NYSE:TRV) has risen 13.01% since April 17, 2017 and is uptrending. It has outperformed by 1.46% the S&P500.

Royal Bank Of Scotland Group Plc increased its stake in American Express Co (AXP) by 318.71% based on its latest 2017Q4 regulatory filing with the SEC. Royal Bank Of Scotland Group Plc bought 164,728 shares as the company’s stock declined 7.41% with the market. The institutional investor held 216,414 shares of the consumer services company at the end of 2017Q4, valued at $21.49M, up from 51,686 at the end of the previous reported quarter. Royal Bank Of Scotland Group Plc who had been investing in American Express Co for a number of months, seems to be bullish on the $81.09 billion market cap company. The stock increased 0.73% or $0.68 during the last trading session, reaching $94.28. About 1.01M shares traded. American Express Company (NYSE:AXP) has risen 17.81% since April 17, 2017 and is uptrending. It has outperformed by 6.26% the S&P500.

Among 17 analysts covering Travelers (NYSE:TRV), 6 have Buy rating, 2 Sell and 9 Hold. Therefore 35% are positive. Travelers had 56 analyst reports since July 22, 2015 according to SRatingsIntel. On Wednesday, September 20 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”. On Thursday, December 3 the stock rating was downgraded by Bank of America to “Neutral”. The company was maintained on Friday, January 22 by RBC Capital Markets. The rating was maintained by Citigroup with “Buy” on Tuesday, March 27. The stock of The Travelers Companies, Inc. (NYSE:TRV) earned “Buy” rating by Keefe Bruyette & Woods on Monday, October 16. The firm earned “Buy” rating on Monday, September 25 by RBC Capital Markets. The stock has “Buy” rating by Keefe Bruyette & Woods on Monday, December 4. BMO Capital Markets upgraded the stock to “Outperform” rating in Monday, December 12 report. RBC Capital Markets maintained The Travelers Companies, Inc. (NYSE:TRV) on Friday, December 8 with “Buy” rating. The company was maintained on Thursday, July 20 by RBC Capital Markets.

Mrj Capital Inc, which manages about $185.27M and $186.35 million US Long portfolio, decreased its stake in Paypal Hldgs Inc by 5,742 shares to 93,044 shares, valued at $6.85 million in 2017Q4, according to the filing. It also reduced its holding in Hanesbrands Inc (NYSE:HBI) by 65,600 shares in the quarter, leaving it with 59,900 shares, and cut its stake in Rockwell Collins Inc (NYSE:COL).

Investors sentiment increased to 0.89 in 2017 Q4. Its up 0.06, from 0.83 in 2017Q3. It increased, 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. Noesis Capital Mangement has invested 3.89% of its portfolio in American Express Company (NYSE:AXP). 2,721 are held by Pinebridge Lp. Acg Wealth holds 13,651 shares. Aviva Public Limited, a United Kingdom-based fund reported 420,296 shares. Commerzbank Aktiengesellschaft Fi reported 0.44% stake. 21,888 are owned by D E Shaw & Communication Inc. Citigroup Inc invested 0.05% of its portfolio in American Express Company (NYSE:AXP). Burney reported 0.06% of its portfolio in American Express Company (NYSE:AXP). Meag Munich Ergo Kapitalanlagegesellschaft Mbh reported 0.28% stake. Overbrook holds 32,861 shares or 0.66% of its portfolio. Meristem Limited Liability Partnership reported 5,380 shares. Pinnacle Wealth Management Advisory Lc reported 0.78% stake. Homrich And Berg has invested 0.11% in American Express Company (NYSE:AXP). Acropolis Mngmt Ltd Liability has invested 0.21% in American Express Company (NYSE:AXP). 354 were reported by Earnest Partners Limited Liability.

Since October 25, 2017, it had 0 buys, and 9 selling transactions for $34.22 million activity. Another trade for 13,356 shares valued at $1.32M was sold by Bush James Peter. 30,761 shares were sold by Williams Anre D, worth $2.87 million. Gupta Ashwini also sold $5.63M worth of American Express Company (NYSE:AXP) shares. 88,930 shares valued at $8.79 million were sold by Buckminster Douglas E. on Monday, December 11. Zukauckas Linda sold $304,962 worth of stock or 3,196 shares. O’Neill Michael John sold $4.32 million worth of stock or 43,741 shares.

Royal Bank Of Scotland Group Plc, which manages about $444.67 million US Long portfolio, decreased its stake in Cummins Inc (NYSE:CMI) by 2,330 shares to 8,015 shares, valued at $1.42 million in 2017Q4, according to the filing. It also reduced its holding in Lilly Eli & Co (NYSE:LLY) by 3,790 shares in the quarter, leaving it with 14,199 shares, and cut its stake in Cisco Sys Inc (NASDAQ:CSCO).

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 114 analyst reports since July 23, 2015 according to SRatingsIntel. The rating was maintained by Oppenheimer on Thursday, July 20 with “Buy”. The stock has “Equal Weight” rating by Stephens on Tuesday, June 20. On Thursday, January 18 the stock rating was maintained by Piper Jaffray with “Hold”. The firm has “Neutral” rating by JP Morgan given on Friday, January 12. The stock of American Express Company (NYSE:AXP) has “Neutral” rating given on Thursday, April 27 by Instinet. The company was downgraded on Thursday, October 12 by Compass Point. The stock of American Express Company (NYSE:AXP) has “Sell” rating given on Friday, September 15 by RBC Capital Markets. Evercore initiated it with “Hold” rating and $81 target in Thursday, August 20 report. Goldman Sachs maintained the shares of AXP in report on Tuesday, June 7 with “Neutral” rating. Janney Capital maintained the shares of AXP in report on Thursday, September 17 with “Buy” rating.

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