Gm Advisory Group Trimmed American Express Co (AXP) Holding; Celanese (CE) Had 14 Bullish Analysts

May 22, 2018 - By Darrin Black

Celanese Corporation (NYSE:CE) Logo

Gm Advisory Group Inc decreased American Express Co (AXP) stake by 16.03% reported in 2017Q4 SEC filing. Gm Advisory Group Inc sold 12,702 shares as American Express Co (AXP)’s stock declined 7.41%. The Gm Advisory Group Inc holds 66,527 shares with $6.61M value, down from 79,229 last quarter. American Express Co now has $88.27B valuation. The stock increased 0.55% or $0.56 during the last trading session, reaching $102.6. About 2.17M shares traded. American Express Company (NYSE:AXP) has risen 17.81% since May 22, 2017 and is uptrending. It has outperformed by 6.26% the S&P500.

Among 19 analysts covering Celanese (NYSE:CE), 14 have Buy rating, 1 Sell and 4 Hold. Therefore 74% are positive. Celanese had 79 analyst reports since September 1, 2015 according to SRatingsIntel. The stock has “Buy” rating by SunTrust on Monday, January 11. The rating was maintained by Cowen & Co with “Outperform” on Thursday, December 1. The firm earned “Sector Perform” rating on Wednesday, October 14 by RBC Capital Markets. The firm has “Buy” rating by Citigroup given on Wednesday, October 18. The stock has “Outperform” rating by Cowen & Co on Wednesday, September 20. On Thursday, August 24 the stock rating was maintained by KeyBanc Capital Markets with “Buy”. The firm has “Buy” rating given on Wednesday, April 18 by KeyBanc Capital Markets. Cowen & Co maintained Celanese Corporation (NYSE:CE) on Monday, October 26 with “Market Perform” rating. The firm earned “Buy” rating on Wednesday, October 18 by Jefferies. As per Monday, October 16, the company rating was maintained by KeyBanc Capital Markets. See Celanese Corporation (NYSE:CE) latest ratings:

17/05/2018 Broker: UBS Old Rating: Neutral New Rating: Buy Old Target: $113 Upgrade
20/04/2018 Broker: Barclays Capital Rating: Buy New Target: $140.0000
18/04/2018 Broker: KeyBanc Capital Markets Rating: Buy New Target: $141.0000 Maintain
18/04/2018 Broker: Robert W. Baird Rating: Buy New Target: $130.0000 Maintain
17/04/2018 Broker: RBC Capital Markets Rating: Buy New Target: $128.0000 Maintain
18/04/2018 Broker: BMO Capital Markets Old Rating: Outperform New Rating: Outperform Old Target: $131 New Target: $137 Maintain
18/04/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $88 New Target: $112 Maintain
27/03/2018 Broker: BMO Capital Markets Rating: Buy New Target: $131.0000 Initiate
21/03/2018 Broker: KeyBanc Capital Markets Old Rating: Overweight New Rating: Overweight Old Target: $128 New Target: $131 Maintain
20/03/2018 Broker: Robert W. Baird Rating: Buy New Target: $130.0 Maintain

Celanese Corporation, a technology and specialty materials company, makes and sells value-added chemicals, thermoplastic polymers, and other chemical products worldwide. The company has market cap of $15.48 billion. The companyÂ’s Advanced Engineered Materials segment develops, produces, and supplies specialty polymers for automotive and medical applications, as well as for use in industrial products and consumer electronics. It has a 18.69 P/E ratio. The Company’s Consumer Specialties segment provides cellulose acetate flakes, films, and tows for use in filter products applications; food protection ingredients, such as potassium sorbate and sorbic acid for food and beverage industry; Sunett, a sweetener for use in various beverages, confections, and dairy products; and Qorus, a sweetener system designed for low-to no-calorie carbonated and non-carbonated beverages, flavored waters, energy drinks, and milk and dairy products.

The stock decreased 0.76% or $0.87 during the last trading session, reaching $113.91. About 673,508 shares traded. Celanese Corporation (NYSE:CE) has risen 9.78% since May 22, 2017 and is uptrending. It has underperformed by 1.77% the S&P500.

Investors sentiment increased to 1.05 in Q4 2017. Its up 0.14, from 0.91 in 2017Q3. It increased, as 29 investors sold Celanese Corporation shares while 142 reduced holdings. 54 funds opened positions while 126 raised stakes. 125.13 million shares or 1.30% less from 126.78 million shares in 2017Q3 were reported. Coastline Trust reported 9,000 shares stake. Washington Retail Bank, a Washington-based fund reported 381 shares. Old Mutual Glob Investors (Uk) Limited has 0.13% invested in Celanese Corporation (NYSE:CE). 210,950 were reported by Primecap Mgmt Ca. Private Advisor Grp Inc Ltd Liability Co holds 0.02% or 3,434 shares in its portfolio. Dekabank Deutsche Girozentrale holds 16,907 shares or 0.01% of its portfolio. Robeco Institutional Asset Bv holds 51,876 shares or 0.03% of its portfolio. Amer Group Inc holds 21,820 shares or 0.01% of its portfolio. Pnc Fin Service Group reported 229,356 shares. Greenwood Capital Assocs Ltd holds 0.08% in Celanese Corporation (NYSE:CE) or 3,379 shares. Benjamin F Edwards & Communications Inc holds 2,062 shares. Price T Rowe Md accumulated 218,398 shares. Lyrical Asset Mgmt L P holds 4.05% or 3.09 million shares in its portfolio. Comerica National Bank & Trust owns 14,637 shares for 0.01% of their portfolio. Caisse De Depot Et Placement Du Quebec holds 0.01% of its portfolio in Celanese Corporation (NYSE:CE) for 25,100 shares.

Since December 11, 2017, it had 0 insider purchases, and 9 selling transactions for $37.90 million activity. $882,406 worth of American Express Company (NYSE:AXP) was sold by CAMPBELL JEFFREY C. 13,356 shares valued at $1.32 million were sold by Bush James Peter on Thursday, February 1. 56,680 shares were sold by Gupta Ashwini, worth $5.63M on Tuesday, December 12. Squeri Stephen J sold $1.23M worth of stock. The insider CHENAULT KENNETH I sold 96,440 shares worth $9.38 million. O’Neill Michael John sold $4.32 million worth of stock. $8.79M worth of American Express Company (NYSE:AXP) was sold by Buckminster Douglas E..

Analysts await American Express Company (NYSE:AXP) to report earnings on July, 18. They expect $1.82 earnings per share, up 23.81% or $0.35 from last year’s $1.47 per share. AXP’s profit will be $1.57B for 14.09 P/E if the $1.82 EPS becomes a reality. After $1.86 actual earnings per share reported by American Express Company for the previous quarter, Wall Street now forecasts -2.15% negative EPS growth.

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. Neville Rodie And Shaw reported 0.82% stake. Great Lakes Advsr Ltd invested in 1.47% or 673,432 shares. Reilly Fin Advsr Ltd Company holds 0.01% or 649 shares. Wellington Shields & Company Limited Liability has invested 0.39% in American Express Company (NYSE:AXP). Boston Advsrs Llc holds 0% or 2,236 shares. Montag Caldwell Ltd Company accumulated 0.01% or 2,400 shares. Clifford Swan Inv Counsel Limited Liability Co has 68,636 shares for 0.37% of their portfolio. Bridges Invest Management invested in 4,150 shares or 0.03% of the stock. Jag Capital Management Ltd Company reported 16,548 shares or 0.31% of all its holdings. Sit Invest Associates stated it has 0% of its portfolio in American Express Company (NYSE:AXP). Somerville Kurt F holds 0.13% or 6,100 shares in its portfolio. Livforsakringsbolaget Skandia Omsesidigt invested in 0.11% or 11,340 shares. Diversified Trust invested in 0.11% or 18,069 shares. Moreover, Wellington Shields Cap Mgmt Lc has 0.34% invested in American Express Company (NYSE:AXP). Investec Asset Management Ltd holds 0.24% or 599,202 shares.

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 had 123 analyst reports since July 23, 2015 according to SRatingsIntel. Nomura downgraded American Express Company (NYSE:AXP) on Thursday, October 6 to “Reduce” rating. Bank of America upgraded the stock to “Neutral” rating in Thursday, October 20 report. The stock of American Express Company (NYSE:AXP) has “Neutral” rating given on Thursday, July 20 by Bank of America. The stock has “Buy” rating by Guggenheim on Wednesday, January 17. Atlantic Securities initiated the stock with “Underweight” rating in Friday, September 9 report. The firm earned “Hold” rating on Thursday, October 19 by Jefferies. Susquehanna maintained American Express Company (NYSE:AXP) rating on Thursday, December 28. Susquehanna has “Buy” rating and $130.0 target. The rating was upgraded by Oppenheimer to “Outperform” on Tuesday, January 10. On Wednesday, April 26 the stock rating was upgraded by Guggenheim to “”. On Monday, January 30 the stock rating was upgraded by Keefe Bruyette & Woods to “Outperform”.

More recent American Express Company (NYSE:AXP) news were published by: which released: “Most regional banks seen benefiting from bank deregulation bill: Height Research” on May 22, 2018. Also published the news titled: “How Far Could American Express Fall?” on May 02, 2018.‘s news article titled: “American Express Company (NYSE:AXP) Heffx Technical Review” with publication date: April 30, 2018 was also an interesting one.

Celanese Corporation (NYSE:CE) Institutional Positions Chart

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