US based company, Express Scripts Holding Company (ESRX)'s latest closing price was -7.18% from the average-price of 200 days while it maintained a distance from the 50 Day Moving Average at -1.64% and 1.67% compared with the 20 Day Moving Average. The stock has relative volume of 0.52. American Express Company, together with its subsidiaries, provides charge and credit payment card products and travel-related services to consumers and businesses worldwide. Hedge funds and other institutional investors own 85.36% of the company's stock. Alpha Windward LLC increased its stake in American Express Company by 1.3% in the third quarter. That beat analysts' forecasts of $1.28 per share, according to FactSet. Wright Investors Service Inc. purchased a new stake in American Express Company during the third quarter valued at $1,110,000. The last close places the company's stock about $13.55 off its 52 week high of $80.02 and $3.25 above the 52 week low of $63.22. Finally, Archford Capital Strategies LLC raised its stake in shares of Express Scripts Holding Company by 129.2% in the fourth quarter.
American Express Company (NYSE:AXP) traded down 0.32% on Wednesday, reaching $75.55. The firm has a 50 day moving average of $78.41 and a 200 day moving average of $73.97.
Express Scripts, Inc is a pharmacy benefit management (PBM) company in North America, offering a range of services to its clients, which include health insurers, third-party administrators, employers, union-sponsored benefit plans, workers' compensation plans and government health programs. This is the current Zacks consensus EPS which was calculated at the time of writing.
Revenue slipped 2.5 percent to $7.89 billion, exceeding the average estimate of $7.79 billion in a Bloomberg survey of 21 analysts.
Receive American Express Company News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Express Company with MarketBeat.com's FREE daily email newsletter. Earnings-per-share growth gives a good picture of the rate at which a company has grown its profitability per unit of equity.
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, May 10th. 7,738 were reported by Hayek Kallen Inv. Korea Inv invested in 0.07% or 199,244 shares. The ex-dividend date of this dividend is Wednesday, April 5th. It has a dividend yield of 1.67%.
Check back later for our full analysis on American Express' earnings report!
This article, originally published at 4:46 p.m. on Wednesday, April 19, 2017, has been updated with company and analysts' comments. If you are reading this article on another domain, it was stolen and reposted in violation of United States and global trademark & copyright laws. Delta Asset Management Limited Liability Co Tn stated it has 0.01% of its portfolio in American Express Company (NYSE:AXP). Oppenheimer maintained the shares of AXP in report on Friday, January 22 with "Underperform" rating. Over the a year ago Company's shares have been trading in the range of $56.11 and $81.66. The stock of American Express Company (NYSE:AXP) earned "Hold" rating by S&P Research on Thursday, July 23. Morgan Stanley Downgrades Express Scripts Holding Company (ESRX) to Underweight with a price target of $70. Shares for $4.26M were sold by Cox L Kevin. Three research analysts have rated the stock with a sell rating, eight have assigned a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. The company presently has an average rating of "Hold" and a consensus target price of $76.02.
"Our first-quarter performance marks a good start to the year with momentum in the consumer and commercial businesses in the USA and in key markets internationally", American Express CEO Kenneth I. Chenault said in a news release. Moreover, Anson Funds Management Lp has 0.09% invested in the company for 54,611 shares. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.