MUFG Securities EMEA plc Acquires 11,638 Shares of American Express Company $AXP

MUFG Securities EMEA plc raised its holdings in American Express Company (NYSE:AXP) by 112.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,027 shares of the payment services company’s stock after purchasing an additional 11,638 shares during the quarter. MUFG Securities EMEA plc’s holdings in American Express were worth $8,149,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently bought and sold shares of AXP. Joseph Group Capital Management bought a new position in American Express in the 4th quarter valued at $26,000. Guerra Advisors Inc bought a new position in American Express in the 3rd quarter valued at $28,000. Measured Wealth Private Client Group LLC bought a new position in American Express in the 3rd quarter valued at $28,000. Torren Management LLC bought a new position in American Express in the 4th quarter valued at $32,000. Finally, Entrust Financial LLC bought a new position in American Express in the 4th quarter valued at $41,000. Institutional investors own 84.33% of the company’s stock.

Key American Express News

Here are the key news stories impacting American Express this week:

Wall Street Analysts Forecast Growth

AXP has been the subject of a number of recent analyst reports. BTIG Research restated a “sell” rating and issued a $285.00 price objective on shares of American Express in a research note on Friday, April 24th. Freedom Capital raised American Express from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 14th. Loop Capital assumed coverage on American Express in a research report on Thursday, May 21st. They set a “buy” rating and a $389.00 price target on the stock. JPMorgan Chase & Co. dropped their price target on American Express from $375.00 to $325.00 and set a “neutral” rating on the stock in a research report on Thursday, April 9th. Finally, Truist Financial dropped their price target on American Express from $400.00 to $360.00 and set a “buy” rating on the stock in a research report on Monday, March 23rd. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $359.05.

Read Our Latest Stock Report on American Express

American Express Stock Performance

Shares of AXP opened at $316.55 on Monday. The stock’s 50-day simple moving average is $312.81 and its 200 day simple moving average is $338.70. The stock has a market capitalization of $215.99 billion, a price-to-earnings ratio of 19.75, a price-to-earnings-growth ratio of 1.29 and a beta of 1.06. The company has a debt-to-equity ratio of 1.73, a quick ratio of 1.56 and a current ratio of 1.57. American Express Company has a 52-week low of $286.15 and a 52-week high of $387.49.

American Express (NYSE:AXPGet Free Report) last issued its quarterly earnings data on Thursday, April 23rd. The payment services company reported $4.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.01 by $0.27. The business had revenue of $14.22 billion for the quarter, compared to analysts’ expectations of $18.60 billion. American Express had a return on equity of 33.95% and a net margin of 15.13%.The firm’s quarterly revenue was up 11.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $3.64 EPS. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. Research analysts forecast that American Express Company will post 17.59 EPS for the current fiscal year.

About American Express

(Free Report)

American Express is a global financial services company primarily known for its payment card products, travel services and merchant network. Founded in 1850 as an express mail business, the company evolved through the 20th century into a payments and travel-focused organization. Its core activities include issuing consumer and commercial charge and credit cards, operating a global card acceptance and processing network, and providing travel-related services and customer loyalty programs.

American Express issues a range of products for individuals, small businesses and large corporations, including personal cards, business and corporate cards, and co‑brand partnerships with airlines, hotels and retailers.

Further Reading

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Institutional Ownership by Quarter for American Express (NYSE:AXP)

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