Metal Peak Wealth Administration LLC trimmed its stake in shares of American Categorical (NYSE:AXP – Get Score ) by 37.5% within the fourth quarter, based on the corporate in its most up-to-date submitting with the Securities & Trade Fee. The agency owned 4,746 shares of the fee companies firm’s inventory after promoting 2,851 shares in the course of the quarter. Metal Peak Wealth Administration LLC’s holdings in American Categorical had been value $701,000 on the finish of the latest reporting interval.
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Different hedge funds have additionally lately made adjustments to their positions within the firm. RB Capital Administration LLC raised its stake in American Categorical by 5.3% within the first quarter. RB Capital Administration LLC now owns 3,783 shares of the fee companies firm’s inventory value $707,000 after shopping for an extra 190 shares in the course of the interval. Roundview Capital LLC raised its stake in American Categorical by 0.4% within the first quarter. Roundview Capital LLC now owns 27,029 shares of the fee companies firm’s inventory value $5,054,000 after shopping for an extra 105 shares in the course of the interval. Zions Bancorporation NA boosted its stake in American Categorical by 5.6% within the first quarter. Zions Bancorporation NA now owns 1,421 shares of the fee companies firm’s inventory value $266,000 after shopping for an extra 75 shares in the course of the interval. Covestor Ltd grew its stake in American Categorical by 207.1% within the first quarter. Covestor Ltd now owns 946 shares of the fee companies firm’s inventory valued at $177,000 after shopping for an extra 638 shares in the course of the interval. Lastly, Donaldson Capital Administration LLC bought a brand new place in American Categorical within the 1st quarter valued at roughly $397,000. 83.30% of shares are presently owned by institutional buyers.
Insiders make bets
In different American Categorical information, insider Howard Grossfield bought 5,456 shares of the inventory in a transaction on Wednesday, March eighth. The shares had been bought at a mean worth of $174.52 for a complete worth of $952,181.12. Following the sale, the insider now owns 7,045 shares within the firm, valued at $1,229,493.40. The transaction was disclosed in a authorized submitting with the SEC, which is accessible on the SEC’s web site. In different information, insider Howard Grossfield bought 5,456 shares of the inventory in a transaction on Wednesday, March eighth. The shares had been bought at a mean worth of $174.52, for a complete transaction amounting to $952,181.12. Following the transaction, the insider now owns 7,045 shares within the firm, valued at roughly $1,229,493.40. The transaction was disclosed in a submitting with the Securities and Trade Fee, which is accessible at this hyperlink. Additionally, insider Monique Herrena bought 15,217 shares of the inventory in a transaction on Thursday, March 2nd. The shares had been bought at a mean worth of $173.18 for a complete worth of $2,635,280.06. Following the transaction, the insider now instantly owns 13,712 shares of the corporate’s inventory, valued at roughly $2,374,644.16. Disclosures for this sale will be discovered right here. Insiders bought a complete of 49,361 shares of firm inventory value $8,773,678 over the past quarter. Firm insiders personal 0.12% of the corporate’s inventory.
American Categorical inventory efficiency
AXP inventory opened at $162.56 on Wednesday. The corporate has a gearing ratio of 1.62, a present ratio of 1.62, and a debt-to-equity ratio of 1.72. The fifty day easy shifting common is $170.31, and the 200 day easy shifting common is $156.04. American Categorical has a twelve month low of $130.65 and a twelve month excessive of $192.42. The agency has a market cap of $120.96 billion, a price-to-earnings ratio of 16.52, a PEG ratio of 1.01 and a beta of 1.18.
American Categorical (NYSE:AXP – Get Score ) final posted its earnings outcomes on Friday, January twenty seventh. The fee companies firm reported $2.07 EPS for the quarter, lacking analysts’ consensus estimates of $2.18 by ($0.11). American Categorical had a return on fairness of 31.76% and a web margin of 14.16%. The corporate had income of $14.18 billion for the quarter, in comparison with analysts’ expectations of $14.25 billion. Throughout the identical quarter within the prior 12 months, the enterprise earned $2.18 earnings per share. The corporate’s income for the quarter grew by 16.7% in comparison with the identical interval final 12 months. analysts predict that American Categorical will publish 11.25 earnings per share for the present 12 months.
American Categorical declared that its Board of Administrators has initiated a share repurchase program on Wednesday, March eighth that allows the corporate to buyback 120,000,000 excellent shares. This repurchase authorization permits the fee companies firm to repurchase its shares by way of open market purchases. Inventory buyback applications are sometimes an indication that an organization’s administration believes its inventory is undervalued.
American Categorical will increase dividend
The agency additionally lately introduced a quarterly dividend, which can be paid on Wednesday, Could tenth. Shareholders of report on Friday, April seventh can be paid a $0.60 dividend. It is a optimistic change from American Categorical’s earlier quarterly dividend of $0.52. The ex-dividend date of this dividend is Wednesday, April fifth. That is $2.40 in annualized dividends and a yield of 1.48%. American Categorical’s dividend payout ratio (DPR) is presently 21.14%.
Upgrading and downgrading of the analyst ranking
A number of analysis analysts have weighed in on AXP shares. JPMorgan Chase & Co. lower their worth goal on American Categorical from $170.00 to $166.00 in a analysis observe on Tuesday, January tenth. Keefe, Bruyette & Woods reaffirmed an “outperform” ranking on shares of American Categorical in a analysis report on Friday, January twenty seventh. Citigroup upped their goal worth on American Categorical from $128.00 to $133.00 and gave the corporate a “promote” ranking in a report on Thursday, January twenty sixth. Morgan Stanley raised American Categorical from an “equal weight” ranking to an “obese” ranking and set a $186.00 goal worth for the corporate in a analysis report on Wednesday, February eighth. Lastly, Argus boosted their goal worth on American Categorical from $180.00 to $210.00 in a analysis report on Tuesday, January thirty first. Three analysis analysts have rated the inventory with a “promote”, ten have given a “maintain” ranking and 6 have assigned a “purchase” ranking to the inventory. The inventory presently has a mean ranking of “Maintain” and a consensus worth goal of $175.22, based on MarketBeat.
American Categorical profile
American Categorical Co. is engaged in offering bank cards and travel-related companies. It operates by way of the next segments: US Client Providers (USCS), Business Providers (CS), Worldwide Card Providers (ICS), International Service provider and Community Providers (GMNS), and Enterprise and Different.
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