As United Parcel Service Cl B (UPS) Share Price Declined, Palisade Asset Management Has Increased Position by $1.13 Million; American Express Co (AXP) Holder L & S Advisors Has Raised Its Holding by $2.83 Million as Share Price Declined

February 15, 2018 - By Vivian Currie

Palisade Asset Management Llc increased its stake in United Parcel Service Inc Cl B (UPS) by 276% based on its latest 2017Q3 regulatory filing with the SEC. Palisade Asset Management Llc bought 9,420 shares as the company’s stock declined 3.26% while stock markets rallied. The institutional investor held 12,833 shares of the transportation company at the end of 2017Q3, valued at $1.54 million, up from 3,413 at the end of the previous reported quarter. Palisade Asset Management Llc who had been investing in United Parcel Service Inc Cl B for a number of months, seems to be bullish on the $92.30 billion market cap company. The stock increased 0.79% or $0.8445 during the last trading session, reaching $107.4445. About 3.25M shares traded. United Parcel Service, Inc. (NYSE:UPS) has risen 2.10% since February 15, 2017 and is uptrending. It has underperformed by 14.60% the S&P500.

L & S Advisors Inc increased its stake in American Express Co (AXP) by 83.66% based on its latest 2017Q3 regulatory filing with the SEC. L & S Advisors Inc bought 31,410 shares as the company’s stock declined 3.65% while stock markets rallied. The institutional investor held 68,953 shares of the consumer services company at the end of 2017Q3, valued at $6.24 million, up from 37,543 at the end of the previous reported quarter. L & S Advisors Inc who had been investing in American Express Co for a number of months, seems to be bullish on the $83.39 billion market cap company. The stock decreased 0.17% or $0.16 during the last trading session, reaching $96.07. About 1.38 million shares traded. American Express Company (NYSE:AXP) has risen 22.41% since February 15, 2017 and is uptrending. It has outperformed by 5.71% the S&P500.

Investors sentiment increased to 1.14 in Q3 2017. Its up 0.09, from 1.05 in 2017Q2. It improved, as 46 investors sold UPS shares while 390 reduced holdings. 104 funds opened positions while 395 raised stakes. 451.38 million shares or 0.77% more from 447.95 million shares in 2017Q2 were reported. Green Square Limited Liability Corporation stated it has 56,891 shares. Rech Global Invsts invested in 250,000 shares or 0.01% of the stock. Smith Moore & holds 0.13% or 3,764 shares. Thompson Davis And Company invested 0.01% of its portfolio in United Parcel Service, Inc. (NYSE:UPS). Moreover, Oak Associates Limited Oh has 1.26% invested in United Parcel Service, Inc. (NYSE:UPS) for 142,151 shares. Hbk Sorce Advisory has invested 0.09% of its portfolio in United Parcel Service, Inc. (NYSE:UPS). Bank accumulated 10,295 shares or 0.14% of the stock. Spears Abacus Advsr Limited Liability reported 3.78% of its portfolio in United Parcel Service, Inc. (NYSE:UPS). Creative Planning accumulated 193,587 shares. Court Place Limited Liability reported 0.25% stake. Indiana Tru Management owns 0.61% invested in United Parcel Service, Inc. (NYSE:UPS) for 10,581 shares. 24,265 are owned by Ls Advisors Ltd Liability Co. Donaldson Mngmt Ltd Liability Company reported 2.93% of its portfolio in United Parcel Service, Inc. (NYSE:UPS). Olstein Mgmt LP holds 1.02% of its portfolio in United Parcel Service, Inc. (NYSE:UPS) for 66,000 shares. Altfest L J & Company Inc owns 0.46% invested in United Parcel Service, Inc. (NYSE:UPS) for 7,929 shares.

Among 23 analysts covering United Parcel Service (NYSE:UPS), 9 have Buy rating, 1 Sell and 13 Hold. Therefore 39% are positive. United Parcel Service had 65 analyst reports since July 29, 2015 according to SRatingsIntel. The stock of United Parcel Service, Inc. (NYSE:UPS) has “Hold” rating given on Thursday, October 12 by Credit Suisse. Citigroup maintained the stock with “Neutral” rating in Friday, April 29 report. The firm has “Hold” rating by BMO Capital Markets given on Tuesday, September 5. The firm has “Neutral” rating by UBS given on Friday, October 27. Morgan Stanley reinitiated United Parcel Service, Inc. (NYSE:UPS) on Tuesday, February 23 with “Underweight” rating. Aegis Capital upgraded it to “Buy” rating and $120 target in Wednesday, February 8 report. Cowen & Co maintained the stock with “Hold” rating in Monday, July 17 report. The company was maintained on Friday, September 29 by Robert W. Baird. On Monday, January 8 the stock rating was maintained by Stephens with “Hold”. The stock has “Hold” rating by Robert W. Baird on Friday, October 27.

Since August 22, 2017, it had 0 buys, and 1 sale for $2.02 million activity.

Since September 7, 2017, it had 0 insider buys, and 11 insider sales for $35.65 million activity. $322,145 worth of American Express Company (NYSE:AXP) shares were sold by Bush James Peter. 43,741 shares valued at $4.32 million were sold by O’Neill Michael John on Monday, December 11. On Thursday, December 14 the insider CHENAULT KENNETH I sold $9.38M. $506,340 worth of American Express Company (NYSE:AXP) was sold by Sobbott Susan. Williams Anre D sold $2.87M worth of American Express Company (NYSE:AXP) on Wednesday, October 25. $304,962 worth of American Express Company (NYSE:AXP) shares were sold by Zukauckas Linda.

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 107 analyst reports since July 23, 2015 according to SRatingsIntel. Susquehanna maintained American Express Company (NYSE:AXP) rating on Thursday, December 28. Susquehanna has “Buy” rating and $130.0 target. The rating was maintained by Deutsche Bank on Tuesday, February 9 with “Buy”. As per Tuesday, June 13, the company rating was maintained by Keefe Bruyette & Woods. The stock of American Express Company (NYSE:AXP) earned “Market Perform” rating by JMP Securities on Tuesday, December 22. The firm earned “Buy” rating on Thursday, October 19 by Bank of America. JP Morgan downgraded the stock to “Neutral” rating in Friday, January 12 report. RBC Capital Markets maintained it with “Sell” rating and $6300 target in Thursday, July 20 report. As per Monday, January 9, the company rating was upgraded by Bank of America. The company was downgraded on Monday, August 10 by Vetr. The firm has “Equal-Weight” rating by Barclays Capital given on Thursday, October 19.

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 daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Posts