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As Arrow Electrs (ARW) Stock Value Rose, Schwartz Investment Counsel Increased Stake by $2.40 Million; American Express Co (AXP) Shareholder Mufg Americas Holdings Has Cut Its Stake by $432,450

Mufg Americas Holdings Corp decreased its stake in American Express Co (AXP) by 2.41% based on its latest 2017Q3 regulatory filing with the SEC. Mufg Americas Holdings Corp sold 4,805 shares as the company’s stock declined 3.65% while stock markets rallied. The institutional investor held 194,744 shares of the consumer services company at the end of 2017Q3, valued at $17.62M, down from 199,549 at the end of the previous reported quarter. Mufg Americas Holdings Corp who had been investing in American Express Co for a number of months, seems to be less bullish one the $84.16 billion market cap company. The stock increased 0.41% or $0.4 during the last trading session, reaching $96.96. About 1.89 million shares traded. American Express Company (NYSE:AXP) has risen 22.41% since February 16, 2017 and is uptrending. It has outperformed by 5.71% the S&P500.

Schwartz Investment Counsel Inc increased its stake in Arrow Electrs Inc (ARW) by 36.59% based on its latest 2017Q3 regulatory filing with the SEC. Schwartz Investment Counsel Inc bought 30,000 shares as the company’s stock rose 0.57% with the market. The institutional investor held 112,000 shares of the consumer non-durables company at the end of 2017Q3, valued at $9.01 million, up from 82,000 at the end of the previous reported quarter. Schwartz Investment Counsel Inc who had been investing in Arrow Electrs Inc for a number of months, seems to be bullish on the $7.19 billion market cap company. The stock increased 0.59% or $0.48 during the last trading session, reaching $81.95. About 207,365 shares traded. Arrow Electronics, Inc. (NYSE:ARW) has risen 21.10% since February 16, 2017 and is uptrending. It has outperformed by 4.40% the S&P500.

Investors sentiment increased to 0.83 in Q3 2017. Its up 0.01, from 0.82 in 2017Q2. It is positive, 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. Nuveen Asset Mngmt Ltd Liability Co has 0.14% invested in American Express Company (NYSE:AXP) for 231,554 shares. Victory Cap Mgmt holds 0.01% or 42,658 shares. 12,958 are held by Amica Retiree Med Tru. California-based Wells Fargo & Mn has invested 0.07% in American Express Company (NYSE:AXP). Millennium Management Ltd Liability holds 156,168 shares or 0.02% of its portfolio. Jacobs & Ca stated it has 46,085 shares or 0.78% of all its holdings. Norman Fields Gottscho Capital Management Limited Liability reported 2.13% in American Express Company (NYSE:AXP). Moody Bancorporation Tru Division holds 10,643 shares. Cambridge Tru Com invested in 21,387 shares. Edge Wealth Mgmt Ltd Liability Co holds 0.02% or 759 shares in its portfolio. Alps Advsr invested in 5,814 shares. First Republic Mngmt has invested 0.09% of its portfolio in American Express Company (NYSE:AXP). Connecticut-based Conning has invested 0.12% in American Express Company (NYSE:AXP). Roosevelt Invest Group has 0.76% invested in American Express Company (NYSE:AXP) for 91,235 shares. 15,000 were reported by Rbf Capital Ltd Limited Liability Company.

Mufg Americas Holdings Corp, which manages about $3.14B US Long portfolio, upped its stake in Ishares Tr (PFF) by 13,524 shares to 410,770 shares, valued at $15.94M in 2017Q3, according to the filing. It also increased its holding in Ishares Gold Trust (IAU) by 188,040 shares in the quarter, for a total of 608,121 shares, and has risen its stake in American Tower Corp New (NYSE:AMT).

Since September 7, 2017, it had 0 insider purchases, and 11 sales for $35.65 million activity. CHENAULT KENNETH I had sold 96,440 shares worth $9.38M on Thursday, December 14. The insider Bush James Peter sold $1.27 million. Zukauckas Linda had sold 3,196 shares worth $304,962 on Friday, October 27. Shares for $4.32M were sold by O’Neill Michael John. 6,000 shares were sold by Sobbott Susan, worth $506,340 on Thursday, September 7. Williams Anre D also sold $2.87 million worth of American Express Company (NYSE:AXP) shares.

Among 36 analysts covering American Express Company (NYSE:AXP), 11 have Buy rating, 4 Sell and 21 Hold. Therefore 31% are positive. American Express Company had 107 analyst reports since July 23, 2015 according to SRatingsIntel. On Friday, January 12 the stock rating was downgraded by JP Morgan to “Neutral”. The stock of American Express Company (NYSE:AXP) earned “Hold” rating by Piper Jaffray on Friday, October 13. KeyBanc Capital Markets maintained American Express Company (NYSE:AXP) on Wednesday, August 23 with “Hold” rating. The rating was initiated by JMP Securities with “Market Perform” on Tuesday, December 22. The firm has “Buy” rating given on Tuesday, October 10 by Wells Fargo. The firm earned “Buy” rating on Wednesday, January 17 by Guggenheim. The firm earned “Buy” rating on Tuesday, June 13 by Keefe Bruyette & Woods. The stock of American Express Company (NYSE:AXP) earned “Neutral” rating by DA Davidson on Wednesday, January 13. The firm earned “Equal-Weight” rating on Tuesday, October 13 by Barclays Capital. The firm earned “Buy” rating on Monday, August 10 by Vetr.

Since August 25, 2017, it had 0 insider purchases, and 1 insider sale for $345,445 activity.

Among 12 analysts covering Arrow Electronics Inc. (NYSE:ARW), 8 have Buy rating, 1 Sell and 3 Hold. Therefore 67% are positive. Arrow Electronics Inc. had 20 analyst reports since July 29, 2015 according to SRatingsIntel. Credit Agricole downgraded Arrow Electronics, Inc. (NYSE:ARW) on Thursday, October 29 to “Outperform” rating. The stock of Arrow Electronics, Inc. (NYSE:ARW) earned “Hold” rating by Suntrust Robinson on Tuesday, January 3. The rating was upgraded by Zacks to “Hold” on Monday, August 31. On Wednesday, October 4 the stock rating was maintained by Stifel Nicolaus with “Buy”. Goldman Sachs maintained Arrow Electronics, Inc. (NYSE:ARW) rating on Monday, May 9. Goldman Sachs has “Buy” rating and $72 target. On Monday, July 17 the stock rating was maintained by Stifel Nicolaus with “Buy”. Goldman Sachs downgraded the stock to “Neutral” rating in Tuesday, September 20 report. The rating was downgraded by Citigroup to “Sell” on Monday, May 2. The firm has “Buy” rating by Raymond James given on Monday, February 12. The firm has “Buy” rating given on Monday, March 14 by Goldman Sachs.

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