// AST – IMS - [DMinute_ROS]

Kroger Co (KR) Holder Hayek Kallen Investment Management Upped Stake by $362,500 as Share Price Declined; Davis Selected Advisers Trimmed American Express Co. (AXP) Position by $53.59 Million as Shares Declined

American Express Company (NYSE:AXP) Logo

Hayek Kallen Investment Management increased its stake in Kroger Co (KR) by 105.93% based on its latest 2018Q3 regulatory filing with the SEC. Hayek Kallen Investment Management bought 12,500 shares as the company’s stock declined 9.32% with the market. The institutional investor held 24,300 shares of the food chains company at the end of 2018Q3, valued at $707,000, up from 11,800 at the end of the previous reported quarter. Hayek Kallen Investment Management who had been investing in Kroger Co for a number of months, seems to be bullish on the $22.68B market cap company. The stock decreased 0.18% or $0.05 during the last trading session, reaching $28.43. About 4.45 million shares traded. The Kroger Co. (NYSE:KR) has risen 8.52% since January 12, 2018 and is uptrending. It has outperformed by 8.52% the S&P500. Some Historical KR News: 17/05/2018 – OCADO GROUP PLC OCDO.L – KROGER WILL RETAIN EXCLUSIVITY IN US CONDITIONAL ON IT MEETING MARKET SHARE TARGETS OR ORDERING AN AGREED NUMBER OF CFCS PER ANNUM; 23/05/2018 – KROGER CO – POST DEAL, HOME CHEF TO OPERATE AS UNIT OF KROGER CO., MAINTAIN ITS E-COMMERCE BUSINESS ON HOMECHEF.COM; 23/05/2018 – KROGER – INITIAL TRANSACTION PRICE IS $200 MLN & FUTURE EARNOUT PAYMENTS OF UP TO $500 MLN OVER 5 YRS CONTINGENT ON ACHIEVING CERTAIN MILESTONES; 17/05/2018 – KROGER CO KR.N CFO SAYS OCADO WAREHOUSES COULD DO ITS GROCERY DELIVERY AND PREPARE PICKUP ORDERS; 30/04/2018 – Kroger CEO on Walmart Competition, M&A, Inflation, Wages (Video); 17/05/2018 – KROGER PRESENTATION ENDS; 20/04/2018 – Kroger Completes Sale of Convenience Store Business to EG Group; 07/03/2018 – Kroger to Participate in Bank of America Merrill Lynch 2018 Consumer & Retail Technology Conference; 08/03/2018 – KROGER CO – IDENTICAL SUPERMARKET SALES, WITHOUT FUEL, OF 1.5% IN THE FOURTH QUARTER OF 2017; 08/03/2018 – KROGER: BENEFIT FROM TAX OVERHUAL IS ABOUT $400 MILLION

Davis Selected Advisers decreased its stake in American Express Co. (AXP) by 6.96% based on its latest 2018Q3 regulatory filing with the SEC. Davis Selected Advisers sold 505,560 shares as the company’s stock declined 1.40% with the market. The institutional investor held 6.76 million shares of the consumer services company at the end of 2018Q3, valued at $719.79M, down from 7.26M at the end of the previous reported quarter. Davis Selected Advisers who had been investing in American Express Co. for a number of months, seems to be less bullish one the $84.19B market cap company. The stock increased 0.30% or $0.29 during the last trading session, reaching $98.55. About 2.77M shares traded. American Express Company (NYSE:AXP) has risen 7.31% since January 12, 2018 and is uptrending. It has outperformed by 7.31% the S&P500. Some Historical AXP News: 08/05/2018 – American Express Shareholders Vote Down Shareholder Proposal Related to Independent Chairman, 64.6% Against and 35.4%; 16/04/2018 – AMERICAN EXPRESS – PRELIMINARY U.S. SMALL BUSINESS CARD MEMBER LOANS NET WRITE-OFF RATE — PRINCIPAL ONLY 1.8 PCT AT MARCH END VS 1.7 PCT AT FEB END; 20/03/2018 – AMERICAN EXPRESS STATEMENT ON ORBITZ CYBER ATTACK; 12/04/2018 – Fox 31 Denver: Luxe American Express lounge coming to DIA; 18/04/2018 – American Express Expects 2018 EPS at High-End of $6.90 to $7.30 Outlook; 08/05/2018 – Box Founds Future of Work Council to Bring Together Leaders From Innovative Enterprises Like American Express, NIKE and Farmers; 16/04/2018 – American Express March U.S. Small Business Card Delinquency Rate 1.3% Vs. 1.4% in Feb; 25/04/2018 – American Express Advances in Effort to Access China Market; 14/05/2018 – NEW DEAL: American Express Co $Bmark 3Y +80, 3Y FRN L equiv; 15/03/2018 – American Express: Feb. 28 Total U.S. Consumer, Small Business Card Member Loans $63B

More recent American Express Company (NYSE:AXP) news were published by: Seekingalpha.com which released: “Fintech ETFs outperform the S&P in 2018 – Seeking Alpha” on December 31, 2018. Also Livetradingnews.com published the news titled: “American Express Company (NYSE:AXP) 2019 Target $130 – Live Trading News” on December 30, 2018. Benzinga.com‘s news article titled: “TD Ameritrade Holding Corporation (NYSE:AMTD), American Express Company (NYSE:AXP) – TD Ameritrade’s Partnership With WeChat Brings Financial Education To A Surging Mobile User Base – Benzinga” with publication date: December 26, 2018 was also an interesting one.

Analysts await American Express Company (NYSE:AXP) to report earnings on January, 17 after the close. They expect $1.79 EPS, up 13.29% or $0.21 from last year’s $1.58 per share. AXP’s profit will be $1.53 billion for 13.76 P/E if the $1.79 EPS becomes a reality. After $1.88 actual EPS reported by American Express Company for the previous quarter, Wall Street now forecasts -4.79% negative EPS growth.

Davis Selected Advisers, which manages about $48.17 billion and $23.26B US Long portfolio, upped its stake in Camden Property Trust (NYSE:CPT) by 13,842 shares to 177,703 shares, valued at $16.63 million in 2018Q3, according to the filing. It also increased its holding in Jd.Com Inc. Class A Adr (NASDAQ:JD) by 2.07M shares in the quarter, for a total of 6.59M shares, and has risen its stake in Yirendai Ltd. Adr.

Since August 1, 2018, it had 0 insider buys, and 4 insider sales for $5.95 million activity. 12,500 shares were sold by Squeri Stephen J, worth $1.30 million. GORDON MARC D sold $2.80M worth of American Express Company (NYSE:AXP) on Wednesday, September 12.

Among 39 analysts covering American Express Company (NYSE:AXP), 14 have Buy rating, 3 Sell and 22 Hold. Therefore 36% are positive. American Express Company had 138 analyst reports since July 23, 2015 according to SRatingsIntel. Keefe Bruyette & Woods downgraded the stock to “Market Perform” rating in Friday, January 22 report. The rating was maintained by Argus Research with “Buy” on Thursday, October 22. The stock of American Express Company (NYSE:AXP) earned “Outperform” rating by Wells Fargo on Monday, October 1. The company was maintained on Thursday, September 17 by Janney Capital. On Thursday, July 20 the stock rating was maintained by Morgan Stanley with “Equal-Weight”. The rating was maintained by Keefe Bruyette & Woods on Tuesday, June 13 with “Buy”. The rating was downgraded by Credit Suisse on Tuesday, December 5 to “Sell”. The firm has “Sell” rating by RBC Capital Markets given on Monday, January 8. The stock of American Express Company (NYSE:AXP) earned “Buy” rating by Sandler O’Neill on Thursday, March 15. Oppenheimer maintained the stock with “Underperform” rating in Friday, January 22 report.

Investors sentiment is 0.84 in 2018 Q3. Its the same as in 2018Q2. It has no change, as 42 investors sold AXP shares while 446 reduced holdings. only 109 funds opened positions while 301 raised stakes. 688.76 million shares or 1.08% less from 696.30 million shares in 2018Q2 were reported. Schwerin Boyle Cap Mngmt holds 5.21% of its portfolio in American Express Company (NYSE:AXP) for 460,960 shares. Williams Jones And Assoc Ltd holds 0.29% or 134,288 shares. Washington Trust Bancshares has invested 0.04% in American Express Company (NYSE:AXP). Kiltearn Llp owns 1.46M shares. North Star Invest Management stated it has 7,787 shares or 0.09% of all its holdings. Bancshares Of Stockton has invested 1.08% in American Express Company (NYSE:AXP). Jag Cap Management Ltd Limited Liability Company has 17,015 shares. Bailard invested in 0.07% or 11,438 shares. Great West Life Assurance Communications Can has invested 0.14% in American Express Company (NYSE:AXP). 40,013 are held by South State Corporation. 344,271 were accumulated by Blair William And Il. Timber Creek Cap Mgmt Ltd Limited Liability Company reported 300 shares. Price T Rowe Inc Md has invested 0.03% of its portfolio in American Express Company (NYSE:AXP). Philadelphia Tru Commerce invested in 0.15% or 16,804 shares. Private Wealth Ltd Limited Liability Company has invested 0.14% of its portfolio in American Express Company (NYSE:AXP).

Investors sentiment decreased to 0.9 in 2018 Q3. Its down 0.14, from 1.04 in 2018Q2. It turned negative, as 57 investors sold KR shares while 248 reduced holdings. 91 funds opened positions while 182 raised stakes. 597.32 million shares or 1.00% less from 603.37 million shares in 2018Q2 were reported. Tarbox Family Office Inc holds 0% or 223 shares. The Ohio-based Huntington National Bank has invested 0.08% in The Kroger Co. (NYSE:KR). 374,427 are owned by Avalon Advisors Ltd Company. Glenmede Tru Na invested in 0.03% or 225,420 shares. Goodman reported 3.55% of its portfolio in The Kroger Co. (NYSE:KR). Fosun Limited stated it has 0.01% in The Kroger Co. (NYSE:KR). Whittier Com owns 0.1% invested in The Kroger Co. (NYSE:KR) for 108,882 shares. South Texas Money Management Limited invested in 1.18% or 964,946 shares. Two Sigma Limited Liability Company owns 0.01% invested in The Kroger Co. (NYSE:KR) for 30,926 shares. Cibc Asset Management, Ontario – Canada-based fund reported 92,933 shares. Gw Henssler Associate Limited reported 245,627 shares. Illinois-based High Pointe Lc has invested 1.38% in The Kroger Co. (NYSE:KR). Great Lakes Ltd Liability Com owns 101,722 shares or 0.07% of their US portfolio. Twin Tree Mngmt Lp has invested 0.01% in The Kroger Co. (NYSE:KR). Cornercap Investment Counsel invested in 0.32% or 85,015 shares.

Among 37 analysts covering Kroger (NYSE:KR), 17 have Buy rating, 1 Sell and 19 Hold. Therefore 46% are positive. Kroger had 126 analyst reports since August 25, 2015 according to SRatingsIntel. As per Friday, June 16, the company rating was maintained by BMO Capital Markets. Oppenheimer downgraded it to “Hold” rating and $29.0 target in Thursday, March 1 report. The stock of The Kroger Co. (NYSE:KR) earned “Buy” rating by RBC Capital Markets on Monday, May 15. Scotia Capital maintained it with “Buy” rating and $32.0 target in Monday, February 5 report. BMO Capital Markets maintained the stock with “Market Perform” rating in Monday, March 12 report. As per Thursday, May 17, the company rating was upgraded by Bank of America. Citigroup maintained it with “Buy” rating and $43 target in Monday, August 29 report. The stock of The Kroger Co. (NYSE:KR) has “Hold” rating given on Monday, September 11 by Deutsche Bank. The rating was maintained by Citigroup with “Buy” on Thursday, September 17. The rating was maintained by Argus Research on Monday, September 14 with “Buy”.

More notable recent The Kroger Co. (NYSE:KR) news were published by: Benzinga.com which released: “Kroger (NYSE:KR), Microsoft (NASDAQ:MSFT) Team Up For Challenge To Amazon (NASDAQ:AMZN)’s Grocery Play – Benzinga” on January 08, 2019, also Benzinga.com with their article: “Kroger Company (The) (NYSE:KR), Wal-Mart Stores, Inc. (NYSE:WMT) – Autonomous Cargo Vans To Deliver Walmart’s Groceries With Udelv – Benzinga” published on January 08, 2019, Seekingalpha.com published: “Kroger to partner with Inmar – Seeking Alpha” on December 18, 2018. More interesting news about The Kroger Co. (NYSE:KR) were released by: Bizjournals.com and their article: “Lidl prepares to build at The Shoppes at Sedgefield Crossing in Greensboro – Triad Business Journal” published on January 11, 2019 as well as Fool.com‘s news article titled: “Why Costco Shares Got Crushed Today – Motley Fool” with publication date: December 14, 2018.

American Express Company (NYSE:AXP) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.