Vontobel Holding Ltd. raised its holdings in American Specific (NYSE:AXP) by 9.7% throughout the third quarter, Holdings Channel.com experiences. The agency owned 39,080 shares of the fee providers firm’s inventory after buying an extra 3,449 shares throughout the interval. Vontobel Holding Ltd.’s holdings in American Specific have been price $10,598,000 as of its most up-to-date submitting with the SEC.
A number of different hedge funds and different institutional buyers additionally not too long ago added to or diminished their stakes in AXP. Recreation Plan Monetary Advisors LLC boosted its stake in shares of American Specific by 62.5% within the first quarter. Recreation Plan Monetary Advisors LLC now owns 130 shares of the fee providers firm’s inventory price $30,000 after shopping for an extra 50 shares over the last quarter. Riverview Belief Co acquired a brand new stake in shares of American Specific throughout the 1st quarter price roughly $38,000. DHJJ Monetary Advisors Ltd. elevated its holdings in shares of American Specific by 42.2% throughout the 2nd quarter. DHJJ Monetary Advisors Ltd. now owns 165 shares of the fee providers firm’s inventory valued at $38,000 after buying an extra 49 shares within the final quarter. BNP Paribas acquired a brand new place in shares of American Specific within the 1st quarter valued at $40,000. Lastly, POM Funding Methods LLC bought a brand new stake in American Specific throughout the second quarter price $42,000. 84.33% of the inventory is owned by institutional buyers and hedge funds.
Analysts Set New Worth Targets
AXP has been the topic of numerous latest analyst experiences. JPMorgan Chase & Co. minimize shares of American Specific from an “chubby” ranking to a “impartial” ranking and lifted their worth goal for the corporate from $268.00 to $286.00 in a report on Monday, October seventh. Evercore ISI upped their worth goal on American Specific from $275.00 to $290.00 and gave the inventory an “in-line” ranking in a report on Monday, October seventh. Barclays raised their worth goal on American Specific from $223.00 to $250.00 and gave the corporate an “equal weight” ranking in a report on Tuesday, October eighth. Hsbc World Res downgraded American Specific from a “strong-buy” ranking to a “maintain” ranking in a analysis word on Tuesday, October eighth. Lastly, BTIG Analysis lowered American Specific from a “impartial” ranking to a “promote” ranking and set a $230.00 goal worth on the inventory. in a analysis report on Tuesday, October eighth. 4 analysis analysts have rated the inventory with a promote ranking, fifteen have assigned a maintain ranking and 9 have assigned a purchase ranking to the inventory. In accordance with MarketBeat, the corporate has a consensus ranking of “Maintain” and a mean goal worth of $242.33.
Examine Out Our Newest Report on American Specific
American Specific Inventory Efficiency
NYSE AXP opened at $285.78 on Friday. The corporate has a debt-to-equity ratio of 1.74, a fast ratio of 1.66 and a present ratio of 1.66. The inventory’s fifty day transferring common is $260.49 and its two-hundred day transferring common is $243.43. The agency has a market capitalization of $205.56 billion, a P/E ratio of 23.54, a price-to-earnings-growth ratio of 1.50 and a beta of 1.21. American Specific has a fifty-two week low of $140.91 and a fifty-two week excessive of $286.36.
American Specific (NYSE:AXP – Get Free Report) final introduced its quarterly earnings outcomes on Friday, July nineteenth. The fee providers firm reported $3.49 earnings per share for the quarter, beating the consensus estimate of $3.26 by $0.23. American Specific had a web margin of 15.53% and a return on fairness of 32.94%. The agency had income of $16.33 billion for the quarter, in comparison with analysts’ expectations of $16.60 billion. Throughout the identical quarter within the earlier 12 months, the corporate posted $2.89 EPS. The corporate’s income was up 9.2% in comparison with the identical quarter final 12 months. On common, analysis analysts anticipate that American Specific will publish 13.14 earnings per share for the present 12 months.
American Specific Dividend Announcement
The corporate additionally not too long ago introduced a quarterly dividend, which will probably be paid on Friday, November eighth. Shareholders of report on Friday, October 4th will probably be issued a $0.70 dividend. The ex-dividend date is Friday, October 4th. This represents a $2.80 annualized dividend and a yield of 0.98%. American Specific’s payout ratio is 23.06%.
American Specific Profile
American Specific Firm, along with its subsidiaries, operates as built-in funds firm in the US, Europe, the Center East and Africa, the Asia Pacific, Australia, New Zealand, Latin America, Canada, the Caribbean, and Internationally. It operates by means of 4 segments: U.S. Shopper Companies, Industrial Companies, Worldwide Card Companies, and World Service provider and Community Companies.
Featured Tales
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