Bb&T Securities Has Trimmed Its American Express Co (AXP) Stake; Interdigital (IDCC) SI Decreased By 6.96%

March 16, 2018 - By Ellis Scott

Bb&T Securities Llc decreased American Express Co (AXP) stake by 9.28% reported in 2017Q3 SEC filing. Bb&T Securities Llc sold 19,037 shares as American Express Co (AXP)’s stock declined 3.65%. The Bb&T Securities Llc holds 186,027 shares with $16.83 million value, down from 205,064 last quarter. American Express Co now has $82.53B valuation. The stock increased 1.63% or $1.54 during the last trading session, reaching $95.93. About 2.97 million shares traded. American Express Company (NYSE:AXP) has risen 22.41% since March 16, 2017 and is uptrending. It has outperformed by 5.71% the S&P500.

Interdigital Inc (NASDAQ:IDCC) had a decrease of 6.96% in short interest. IDCC’s SI was 1.41M shares in March as released by FINRA. Its down 6.96% from 1.52 million shares previously. With 262,800 avg volume, 5 days are for Interdigital Inc (NASDAQ:IDCC)’s short sellers to cover IDCC’s short positions. The SI to Interdigital Inc’s float is 4.12%. The stock increased 0.33% or $0.25 during the last trading session, reaching $75.25. About 151,533 shares traded. InterDigital, Inc. (NASDAQ:IDCC) has risen 50.23% since March 16, 2017 and is uptrending. It has outperformed by 33.53% the S&P500.

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 110 analyst reports since July 23, 2015 according to SRatingsIntel. The firm has “Underperform” rating given on Friday, January 22 by RBC Capital Markets. The stock has “Underperform” rating by Credit Suisse on Thursday, October 22. Stephens maintained the stock with “Hold” rating in Tuesday, January 2 report. The firm earned “Hold” rating on Thursday, October 12 by Compass Point. The firm has “Hold” rating by Jefferies given on Thursday, October 19. The company was upgraded on Friday, August 21 by Vetr. The stock of American Express Company (NYSE:AXP) has “Equal-Weight” rating given on Thursday, July 20 by Morgan Stanley. Argus Research maintained the stock with “Buy” rating in Thursday, October 22 report. As per Friday, October 6, the company rating was maintained by BMO Capital Markets. The rating was upgraded by Keefe Bruyette & Woods on Monday, January 30 to “Outperform”.

Since October 2, 2017, it had 0 insider purchases, and 10 insider sales for $35.14 million activity. On Monday, December 11 O’Neill Michael John sold $4.32M worth of American Express Company (NYSE:AXP) or 43,741 shares. Shares for $926,361 were sold by Bush James Peter on Monday, October 2. Shares for $9.38 million were sold by CHENAULT KENNETH I on Thursday, December 14. $8.79 million worth of stock was sold by Buckminster Douglas E. on Monday, December 11. Gupta Ashwini sold $5.63 million worth of stock. 3,196 shares valued at $304,962 were sold by Zukauckas Linda on Friday, October 27. 30,761 American Express Company (NYSE:AXP) shares with value of $2.87M were sold by Williams Anre D.

Bb&T Securities Llc increased Lamar Advertising Co New (NASDAQ:LAMR) stake by 7,126 shares to 105,251 valued at $7.21 million in 2017Q3. It also upped Alps Etf Tr (RIGS) stake by 24,582 shares and now owns 586,388 shares. Select Sector Spdr Tr (XLE) was raised too.

Analysts await American Express Company (NYSE:AXP) to report earnings on April, 18. They expect $1.71 EPS, up 27.61% or $0.37 from last year’s $1.34 per share. AXP’s profit will be $1.47 billion for 14.02 P/E if the $1.71 EPS becomes a reality. After $1.58 actual EPS reported by American Express Company for the previous quarter, Wall Street now forecasts 8.23% EPS growth.

Investors sentiment increased to 0.89 in 2017 Q3. Its up 0.06, from 0.83 in 2017Q2. It increased, 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. St Germain D J holds 1.36% in American Express Company (NYSE:AXP) or 120,003 shares. Walleye Trading Limited Liability Com holds 0.02% or 41,501 shares. Brown Advisory Secs Ltd Com stated it has 11,281 shares. Rand Wealth Ltd Liability has 32,646 shares. Ntv Asset invested 0.24% in American Express Company (NYSE:AXP). Amica Pension Fund Board Of Trustees owns 85,329 shares for 0.93% of their portfolio. Sterling Capital Management Limited Liability Company has 0.07% invested in American Express Company (NYSE:AXP) for 76,538 shares. Windsor Limited Liability Corp owns 7,828 shares for 0.33% of their portfolio. Prudential Public Limited Company holds 0.97% of its portfolio in American Express Company (NYSE:AXP) for 3.39 million shares. 604,664 were accumulated by Investec Asset Mgmt Limited. Atria Investments Ltd reported 0.05% of its portfolio in American Express Company (NYSE:AXP). Sumitomo Mitsui Tru owns 2.29M shares or 0.29% of their US portfolio. Spears Abacus Advisors Ltd Llc has 5,552 shares. Dnb Asset Mgmt As owns 81,264 shares. Bailard Inc has invested 0.08% of its portfolio in American Express Company (NYSE:AXP).

Among 6 analysts covering InterDigital (NASDAQ:IDCC), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. InterDigital had 24 analyst reports since August 11, 2015 according to SRatingsIntel. B. Riley & Co maintained the shares of IDCC in report on Wednesday, August 23 with “Buy” rating. The firm earned “Buy” rating on Wednesday, July 19 by B. Riley & Co. The rating was maintained by B. Riley & Co on Thursday, June 8 with “Buy”. FBR Capital maintained InterDigital, Inc. (NASDAQ:IDCC) rating on Wednesday, January 3. FBR Capital has “Buy” rating and $100.0 target. Zacks downgraded InterDigital, Inc. (NASDAQ:IDCC) on Tuesday, August 11 to “Buy” rating. Sidoti initiated it with “Buy” rating and $65 target in Tuesday, September 29 report. Barclays Capital maintained the shares of IDCC in report on Wednesday, November 11 with “Equal Weight” rating. The company was initiated on Tuesday, February 23 by B. Riley & Co. The firm has “Neutral” rating given on Wednesday, October 5 by Dougherty & Company. The stock of InterDigital, Inc. (NASDAQ:IDCC) has “Buy” rating given on Friday, February 23 by Dougherty.

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