Fintel reports that on January 7, 2025, Truist Securities initiated coverage of American Express (WBAG:AXP) with a Buy recommendation.
What is the Fund Sentiment?
There are 3,620 funds or institutions reporting positions in American Express. This is an increase of 124 owner(s) or 3.55% in the last quarter. Average portfolio weight of all funds dedicated to AXP is 0.53%, an increase of 1.04%. Total shares owned by institutions decreased in the last three months by 2.24% to 654,306K shares.
What are Other Shareholders Doing?
Berkshire Hathaway holds 151,611K shares representing 21.52% ownership of the company. No change in the last quarter.
Wellington Management Group Llp holds 16,074K shares representing 2.28% ownership of the company. In its prior filing, the firm reported owning 19,107K shares , representing a decrease of 18.87%. The firm decreased its portfolio allocation in AXP by 86.44% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 15,764K shares representing 2.24% ownership of the company. In its prior filing, the firm reported owning 15,906K shares , representing a decrease of 0.90%. The firm increased its portfolio allocation in AXP by 9.03% over the last quarter.
Jpmorgan Chase holds 15,642K shares representing 2.22% ownership of the company. In its prior filing, the firm reported owning 16,340K shares , representing a decrease of 4.46%. The firm increased its portfolio allocation in AXP by 1,068.54% over the last quarter.
VFINX - Vanguard 500 Index Fund Investor Shares holds 14,710K shares representing 2.09% ownership of the company. In its prior filing, the firm reported owning 14,584K shares , representing an increase of 0.85%. The firm increased its portfolio allocation in AXP by 8.71% over the last quarter.
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