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21 April 2017, 06:20 | Kelvin Horton
Stocks to Keep Your Eyes on Navient Corp (NASDAQ:NAVI), American Express Company (NYSE:AXP)
Seven analysts have rated the stock with a sell rating, thirteen have given a hold rating and eleven have issued a buy rating to the company's stock. FNY Partners Fund LP acquired a new stake in American Express Company during the fourth quarter worth about $111,000. Norges Bank bought a new stake in American Express Company during the fourth quarter valued at approximately $616,804,000. During the same quarter past year, the company posted $1.23 EPS. Motco raised its stake in American Express Company by 31.6% in the third quarter.
U.S. Consumer Services reported first-quarter net income of $469 million, down 32 percent from $694 million a year ago. Finally, Massey Quick & Co.
Shares of American Express Company (NYSE:AXP) opened at 79.51 on Friday. American Express Company has a 12 month low of $57.15 and a 12 month high of $82.00. It has a 14.11 P/E ratio. Shares are trading -3.70% below their 50-day moving average, and 7.48% below their 200-day moving average. American Express Company also was the target of unusually large options trading on Wednesday. Institutional investors own 81.71% of the company's stock. The last session's volume of 24.19 million shares was higher than its average volume of 19.23 million shares.
Shares of American Express Company AXP rose 2.5% in after-market trading, following the release of its first-quarter 2017 results. Excluding last year's Costco-related business and the impact of foreign exchange rates, adjusted revenues net of interest expense grew 7 percent.1 That is up from a year-over-year increase of 6 percent in the prior quarter.1 Those increases primarily reflected higher adjusted Card Member spending and adjusted net interest income, according to American Express.
First-quarter consolidated total revenues net of interest expense were $7.9 billion, down 2 percent from $8.1 billion a year ago. American Express Company's dividend payout ratio is now 22.74%. American Express Company's quarterly revenue was down 2.5% on a year-over-year basis. Analysts forecast that American Express Company will post $5.64 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Friday, February 10th. Ipswich Management Communication holds 7,261 shares or 0.24% of its portfolio. The ex-dividend date of this dividend is Wednesday, April 5th. This is built on a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell. American Express Company's payout ratio is 22.74%.
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A number of equities research analysts recently weighed in on AXP shares. Zukauckas Linda sold $385,967 worth of American Express Company (NYSE:AXP) on Thursday, December 8. Finally, TheStreet upgraded American Express Company from a "hold" rating to a "buy" rating in a research report on Tuesday, November 15th.
Among 10 analysts covering First Financial Bancorp (NASDAQ:FFBC), 3 have Buy rating, 1 Sell and 6 Hold. If the $85.86 price target is reached, the company will be worth $5.71 billion more.
In other news, insider L Kevin Cox sold 77,006 shares of the business's stock in a transaction that occurred on Wednesday, January 25th. The stock gained 0.40% in total of its share price. Following the completion of the acquisition, the director now directly owns 4,000 shares in the company, valued at approximately $318,960. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director John Joseph Brennan acquired 4,000 shares of the firm's stock in a transaction dated Wednesday, February 22nd. The disclosure for this purchase can be found here. Insiders own 0.78% of the company's stock. "We have been at the forefront of bringing digital, social and payments together", Campbell said, noting partnerships with companies such as Airbnb, Twitter and Facebook to appeal to mobile-savvy and younger consumers. The Company's segments include U.S. Consumer Services (USCS), International Consumer and Network Services (ICNS), Global Commercial Services (GCS) and Global Merchant Services (GMS).
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