Market News

As American Express Co (AXP) Market Valuation Declined, Shareholder L & S Advisors Has Boosted Stake; As Gilead Sciences (GILD) Market Value Declined, Shareholder Investment House Has Lowered Stake

Investment House Llc decreased its stake in Gilead Sciences Inc (GILD) by 12.17% based on its latest 2017Q3 regulatory filing with the SEC. Investment House Llc sold 9,885 shares as the company’s stock declined 8.05% while stock markets rallied. The institutional investor held 71,355 shares of the health care company at the end of 2017Q3, valued at $5.78 million, down from 81,240 at the end of the previous reported quarter. Investment House Llc who had been investing in Gilead Sciences Inc for a number of months, seems to be less bullish one the $105.89B market cap company. The stock decreased 0.83% or $0.68 during the last trading session, reaching $81.06. About 5.30M shares traded. Gilead Sciences, Inc. (NASDAQ:GILD) has declined 21.80% since January 18, 2017 and is downtrending. It has underperformed by 38.50% the S&P500.

L & S Advisors Inc increased its stake in American Express Co (AXP) by 83.66% based on its latest 2017Q3 regulatory filing with the SEC. L & S Advisors Inc bought 31,410 shares as the company’s stock declined 3.65% while stock markets rallied. The institutional investor held 68,953 shares of the consumer services company at the end of 2017Q3, valued at $6.24 million, up from 37,543 at the end of the previous reported quarter. L & S Advisors Inc who had been investing in American Express Co for a number of months, seems to be bullish on the $86.67B market cap company. The stock decreased 0.90% or $0.905 during the last trading session, reaching $99.855. About 3.83M shares traded or 18.72% up from the average. American Express Company (NYSE:AXP) has risen 22.41% since January 18, 2017 and is uptrending. It has outperformed by 5.71% the S&P500.

Since July 31, 2017, it had 0 buys, and 11 selling transactions for $38.86 million activity. 56,680 shares were sold by Gupta Ashwini, worth $5.63 million on Tuesday, December 12. 30,761 shares were sold by Williams Anre D, worth $2.87 million. 88,930 shares were sold by Buckminster Douglas E., worth $8.79 million. Zukauckas Linda also sold $304,962 worth of American Express Company (NYSE:AXP) shares. 96,440 shares were sold by CHENAULT KENNETH I, worth $9.38 million on Thursday, December 14. O’Neill Michael John sold $4.32 million worth of stock or 43,741 shares.

Investors sentiment increased to 0.83 in 2017 Q3. Its up 0.01, from 0.82 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. Alphamark Advsrs Limited Liability Company reported 617 shares or 0.02% of all its holdings. Bokf Na invested in 0.05% or 20,215 shares. 2,740 were reported by Oxbow Advsr Ltd. Pennsylvania-based First Natl Tru has invested 0.1% in American Express Company (NYSE:AXP). Walter Keenan Consulting Mi Adv invested in 15,100 shares. Parametric Portfolio Assocs Limited Com stated it has 2.16 million shares. Rathbone Brothers Public Limited Com holds 0.03% of its portfolio in American Express Company (NYSE:AXP) for 7,884 shares. Telemus Limited Liability Company owns 0.09% invested in American Express Company (NYSE:AXP) for 6,629 shares. King Luther Capital Mngmt invested 0.07% in American Express Company (NYSE:AXP). Cullen Frost Bankers accumulated 0.96% or 323,526 shares. Overbrook Mgmt reported 34,201 shares. Hartford Investment Company owns 170,262 shares. Epoch Partners Incorporated invested in 0.02% or 51,525 shares. Invesco Limited invested in 8.37 million shares. 119,900 are held by Barometer Cap Mngmt Incorporated.

L & S Advisors Inc, which manages about $330.44 million and $597.62 million US Long portfolio, decreased its stake in Citigroup Inc (NYSE:C) by 14,393 shares to 86,672 shares, valued at $6.31M in 2017Q3, according to the filing. It also reduced its holding in Exempt by 42,131 shares in the quarter, leaving it with 95,605 shares, and cut its stake in Honeywell Intl Inc (NYSE:HON).

Among 35 analysts covering American Express Company (NYSE:AXP), 9 have Buy rating, 4 Sell and 22 Hold. Therefore 26% are positive. American Express Company had 100 analyst reports since July 23, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Tuesday, April 11 by Wood. The stock has “Hold” rating by BMO Capital Markets on Thursday, June 1. On Thursday, October 19 the stock rating was maintained by Credit Suisse with “Sell”. Vetr upgraded the shares of AXP in report on Friday, August 21 to “Hold” rating. As per Tuesday, June 20, the company rating was upgraded by Stephens. Bank of America maintained American Express Company (NYSE:AXP) rating on Thursday, July 20. Bank of America has “Neutral” rating and $102 target. Keefe Bruyette & Woods maintained American Express Company (NYSE:AXP) on Friday, August 18 with “Buy” rating. The firm has “Neutral” rating given on Tuesday, June 7 by Goldman Sachs. The company was maintained on Monday, September 14 by S&P Research. The firm has “Hold” rating by Evercore given on Thursday, August 20.

Since August 1, 2017, it had 0 insider purchases, and 12 selling transactions for $43.50 million activity. Shares for $2.37 million were sold by Alton Gregg H. 50,000 shares were sold by MARTIN JOHN C, worth $3.68M on Tuesday, January 2. Washington Robin L sold $4.40M worth of stock or 51,820 shares.

Investors sentiment increased to 1.03 in Q3 2017. Its up 0.10, from 0.93 in 2017Q2. It is positive, as 96 investors sold GILD shares while 488 reduced holdings. 127 funds opened positions while 474 raised stakes. 957.62 million shares or 2.06% more from 938.32 million shares in 2017Q2 were reported. Garde Cap reported 8,330 shares or 0.13% of all its holdings. Bowling Management Ltd Co stated it has 0.27% of its portfolio in Gilead Sciences, Inc. (NASDAQ:GILD). Rhenman And Prns Asset Management reported 1.61% in Gilead Sciences, Inc. (NASDAQ:GILD). Private Asset Mngmt stated it has 11,538 shares. Fjarde Ap accumulated 305,507 shares. Creative Planning reported 187,874 shares. Buckingham Asset Mgmt Ltd Company reported 4,372 shares stake. Morgens Waterfall Vintiadis And Co has invested 1.7% of its portfolio in Gilead Sciences, Inc. (NASDAQ:GILD). Moreover, Van Eck Associate has 0.44% invested in Gilead Sciences, Inc. (NASDAQ:GILD) for 1.07M shares. Citadel Advsrs Ltd Company owns 49,240 shares for 0% of their portfolio. Bancshares Hapoalim Bm owns 31,423 shares. National Bank & Trust Of Nova Scotia reported 232,002 shares. Barry Inv Ltd Liability Com holds 7,650 shares. The New Jersey-based Regentatlantic Cap Ltd Llc has invested 0.39% in Gilead Sciences, Inc. (NASDAQ:GILD). 6,462 were reported by Opus Point Mngmt Lc.

Analysts await Gilead Sciences, Inc. (NASDAQ:GILD) to report earnings on February, 6. They expect $1.67 EPS, down 36.74% or $0.97 from last year’s $2.64 per share. GILD’s profit will be $2.18 billion for 12.13 P/E if the $1.67 EPS becomes a reality. After $2.23 actual EPS reported by Gilead Sciences, Inc. for the previous quarter, Wall Street now forecasts -25.11% negative EPS growth.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.


Leave a Reply

Your email address will not be published. Required fields are marked *