The top gainer with a security that increased in price during today's trading was American Express Company (NYSE:AXP). Stephens set a $70.00 price objective on shares of American Express Company and gave the company a "sell" rating in a research report on Saturday, January 21st. Results again were dragged down by the end of the company's relationship with Costco. Hedge funds and other institutional investors own 85.36% of the company's stock.
American Express Company had its "reduce" rating reiterated by analysts at Instinet. Independent Advisor Alliance acquired a new stake in shares of Express Scripts Holding Company during the fourth quarter worth $124,000. Insiders own 0.78% of the company's stock. The share price is now down -1.00% for the past three months.
American Express Company is primarily engaged in the business of providing travel related services, financial advisory services, and global banking services throughout the world.
American Express Company's ROI is valued at 4.20% relatively measuring the profitability on the investment. American Express Company has a 12-month low of $57.15 and a 12-month high of $82.00. Express Scripts Holding Company (ESRX) now trades with a market capitalization of $39.67 Billion. The stock is now trading with a distance of 20-Day Simple Moving Average (SMA20) of -0.22%. The payment services company reported $0.91 EPS for the quarter, missing the Zacks' consensus estimate of $0.98 by $0.07. The business earned $24.90 billion during the quarter, compared to analysts' expectations of $26.31 billion. Moreover, Argent Tru has 0.71% invested in Express Scripts Holding Company (NASDAQ:ESRX). Excluding the Costco business and the impact of a stronger USA dollar, revenue rose 6.6%. During the same quarter past year, the business posted $1.56 EPS.
Credit card company American Express said Wednesday that its first quarter profit fell 13 percent from a year earlier, as the company continues to deal with the aftermath of losing its partnership with warehouse chain Costco.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, May 10th. A change of -1.15% in the price clearly indicates a strong asset performance for the corporation, bearing in mind the total returns from its investment and dividends or distributions obtained from the investment.
Press coverage about American Express Company (NYSE:AXP) has trended somewhat positive recently, according to Alpha One Sentiment. If you are reading this story on another website, it was illegally copied and republished in violation of U.S. and worldwide trademark & copyright legislation. Integrated Wealth Management raised its position in shares of Express Scripts Holding Company by 4.2% in the second quarter. ABR value is precisely based on brokerage recommendations, where out of 18 brokerage recommendations 6 rate American Express Company (NYSE:AXP) stock a Strong Buy, 0 rate the stocks of the company a Buy, 8 rate Hold, 0 rate Sell and 4 recommend a Strong Sell. The stock's average target of $10.50 is 218.18% above today's ($3.3) share price. Argus restated a "hold" rating on shares of Express Scripts Holding Company in a research report on Wednesday, March 29th. Current price level places the company's stock about -2.29% from the 52-week high and 90.56% away from the 52-week low.
In an overview of the current analyst recommendations, Buy count is 11 and Overweight is 0 while the number of analysts recommending Sell and Underweight are 0 and 0, respectively. Hm Payson & has invested 0.04% in Express Scripts Holding Company (NASDAQ:ESRX).
FILE - This Jan. 21, 2015, file photo, shows a sign for American Express outside a NY business. The shares were sold at an average price of $77.93, for a total transaction of $2,550,337.18.
In other news, insider L Kevin Cox sold 32,726 shares of the business's stock in a transaction on Monday, February 6th.