As American Express Co (AXP) Stock Value Declined, Semper Augustus Investments Group Has Trimmed Its Position by $1.26 Million; Foundry Partners Has Increased Stake in Wesbanco Com (WSBC) by $528,982 as Shares Declined

January 13, 2018 - By Maria Brooks

Foundry Partners Llc increased its stake in Wesbanco Inc Com (WSBC) by 7.46% based on its latest 2017Q3 regulatory filing with the SEC. Foundry Partners Llc bought 12,902 shares as the company’s stock declined 8.36% while stock markets rallied. The institutional investor held 185,884 shares of the finance company at the end of 2017Q3, valued at $7.63M, up from 172,982 at the end of the previous reported quarter. Foundry Partners Llc who had been investing in Wesbanco Inc Com for a number of months, seems to be bullish on the $1.88B market cap company. The stock increased 0.47% or $0.2 during the last trading session, reaching $42.6. About 99,132 shares traded. WesBanco, Inc. (NASDAQ:WSBC) has risen 18.72% since January 13, 2017 and is uptrending. It has outperformed by 2.02% the S&P500.

Semper Augustus Investments Group Llc decreased its stake in American Express Co (AXP) by 38.86% based on its latest 2017Q3 regulatory filing with the SEC. Semper Augustus Investments Group Llc sold 14,039 shares as the company’s stock declined 3.65% while stock markets rallied. The hedge fund held 22,091 shares of the consumer services company at the end of 2017Q3, valued at $2.00M, down from 36,130 at the end of the previous reported quarter. Semper Augustus Investments Group Llc who had been investing in American Express Co for a number of months, seems to be less bullish one the $87.64B market cap company. The stock increased 0.24% or $0.24 during the last trading session, reaching $100.97. About 3.23M shares traded or 0.68% up from the average. American Express Company (NYSE:AXP) has risen 22.41% since January 13, 2017 and is uptrending. It has outperformed by 5.71% the S&P500.

Among 7 analysts covering Wesbanco Inc. (NASDAQ:WSBC), 1 have Buy rating, 0 Sell and 6 Hold. Therefore 14% are positive. Wesbanco Inc. had 18 analyst reports since July 23, 2015 according to SRatingsIntel. The stock has “Neutral” rating by Macquarie Research on Tuesday, November 22. The firm earned “Hold” rating on Wednesday, July 19 by FBR Capital. As per Friday, October 20, the company rating was downgraded by Sandler O’Neill. The company was maintained on Wednesday, June 7 by Boenning & Scattergood. The firm earned “Hold” rating on Tuesday, October 3 by Keefe Bruyette & Woods. The firm has “Neutral” rating given on Tuesday, August 11 by Macquarie Research. As per Friday, September 4, the company rating was upgraded by Zacks. The company was maintained on Thursday, December 21 by Keefe Bruyette & Woods. DA Davidson maintained the shares of WSBC in report on Thursday, December 21 with “Buy” rating. The firm has “Market Perform” rating by FBR Capital given on Thursday, July 23.

Foundry Partners Llc, which manages about $1.13B and $2.50B US Long portfolio, decreased its stake in Welltower Inc by 127,775 shares to 8,947 shares, valued at $629,000 in 2017Q3, according to the filing. It also reduced its holding in Public Service Enterprise Gp (NYSE:PEG) by 11,000 shares in the quarter, leaving it with 114,315 shares, and cut its stake in Silicom Ltd (NASDAQ:SILC).

Investors sentiment decreased to 1.28 in 2017 Q3. Its down 0.04, from 1.32 in 2017Q2. It dropped, as 15 investors sold WSBC shares while 35 reduced holdings. 10 funds opened positions while 54 raised stakes. 25.44 million shares or 3.12% more from 24.67 million shares in 2017Q2 were reported. Royal State Bank Of Canada reported 0% stake. Citadel Lc has 25,482 shares for 0% of their portfolio. Raymond James And holds 0% of its portfolio in WesBanco, Inc. (NASDAQ:WSBC) for 31,856 shares. Principal Gp has 0% invested in WesBanco, Inc. (NASDAQ:WSBC) for 6,295 shares. 873 were accumulated by Dreman Value Management L L C. Commonwealth Equity Services accumulated 14,780 shares. Wells Fargo Mn reported 0% in WesBanco, Inc. (NASDAQ:WSBC). State Street has 0% invested in WesBanco, Inc. (NASDAQ:WSBC) for 803,980 shares. Nuveen Asset Management accumulated 16,074 shares. 17,185 were accumulated by Ledyard Bancorporation. Dimensional Fund Advsrs Limited Partnership invested 0.06% in WesBanco, Inc. (NASDAQ:WSBC). Schulhoff Inc accumulated 84,985 shares or 2.07% of the stock. Deutsche Commercial Bank Ag reported 0% stake. Clearbridge Invs reported 0% in WesBanco, Inc. (NASDAQ:WSBC). Smithfield Tru Communication has 0.08% invested in WesBanco, Inc. (NASDAQ:WSBC).

Since July 31, 2017, it had 0 insider purchases, and 11 sales for $38.86 million activity. Williams Anre D had sold 53,111 shares worth $4.53M. $1.27M worth of American Express Company (NYSE:AXP) was sold by Bush James Peter on Tuesday, January 2. Gupta Ashwini sold $5.63M worth of American Express Company (NYSE:AXP) on Tuesday, December 12. CHENAULT KENNETH I had sold 96,440 shares worth $9.38M. The insider O’Neill Michael John sold $4.32 million. Buckminster Douglas E. sold $8.79 million worth of stock.

Semper Augustus Investments Group Llc, which manages about $202.17 million and $135.22 million US Long portfolio, upped its stake in Seacor Marine Hldgs Inc by 157,478 shares to 239,829 shares, valued at $3.75M in 2017Q3, according to the filing.

Among 35 analysts covering American Express Company (NYSE:AXP), 10 have Buy rating, 4 Sell and 21 Hold. Therefore 29% are positive. American Express Company had 97 analyst reports since July 23, 2015 according to SRatingsIntel. Oppenheimer maintained American Express Company (NYSE:AXP) rating on Thursday, July 20. Oppenheimer has “Buy” rating and $9300 target. The rating was initiated by JMP Securities on Tuesday, December 22 with “Market Perform”. The firm has “Market Perform” rating given on Friday, January 22 by Keefe Bruyette & Woods. On Friday, September 15 the stock rating was maintained by RBC Capital Markets with “Sell”. As per Thursday, December 21, the company rating was maintained by Keefe Bruyette & Woods. The stock has “Underperform” rating by Macquarie Research on Thursday, April 21. The firm earned “Hold” rating on Monday, May 1 by Jefferies. The stock of American Express Company (NYSE:AXP) has “Buy” rating given on Tuesday, June 13 by Keefe Bruyette & Woods. The firm has “Equal-Weight” rating given on Friday, September 8 by Morgan Stanley. Susquehanna maintained American Express Company (NYSE:AXP) on Thursday, December 28 with “Buy” rating.

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. Ameriprise Financial reported 1.31M shares. Pictet & Cie (Europe) stated it has 12,308 shares. Rafferty Asset Management invested in 0.25% or 122,823 shares. Invesco holds 8.37M shares. Foyston Gordon And Payne holds 229,473 shares or 3.6% of its portfolio. 38,823 are owned by Northwestern Mutual Wealth Mngmt. West Oak Cap Limited Liability Company holds 0.99% or 18,400 shares. Highlander Management Limited Liability has invested 0.07% in American Express Company (NYSE:AXP). 11.55 million were accumulated by Fisher Asset Management Lc. 4,250 were accumulated by Stonebridge Mngmt. Moreover, Gm Advisory has 2.18% invested in American Express Company (NYSE:AXP). Stoneridge Inv Prtn Limited Liability Company owns 37,980 shares. Smithfield reported 17,463 shares or 0.21% of all its holdings. Clarkston Capital Prns Ltd Liability Corporation holds 1.38% or 370,009 shares. Moreover, Bradley Foster And Sargent Inc Ct has 0.66% invested in American Express Company (NYSE:AXP).

Analysts await American Express Company (NYSE:AXP) to report earnings on January, 18 after the close. They expect $1.54 EPS, up 69.23% or $0.63 from last year’s $0.91 per share. AXP’s profit will be $1.34B for 16.39 P/E if the $1.54 EPS becomes a reality. After $1.50 actual EPS reported by American Express Company for the previous quarter, Wall Street now forecasts 2.67% EPS growth.

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