As American Express Co (Put) (AXP) Stock Value Declined, Shareholder Holowesko Partners LTD Has Decreased Holding by $44.06 Million; Anadarko Pete (APC) Shareholder Beaconlight Capital Increased Holding

May 23, 2018 - By Adrian Erickson

Anadarko Petroleum Corporation (NYSE:APC) Logo

Holowesko Partners Ltd decreased its stake in American Express Co (Put) (AXP) by 46.55% based on its latest 2017Q4 regulatory filing with the SEC. Holowesko Partners Ltd sold 445,000 shares as the company’s stock declined 7.41% with the market. The hedge fund held 511,000 shares of the consumer services company at the end of 2017Q4, valued at $50.75 million, down from 956,000 at the end of the previous reported quarter. Holowesko Partners Ltd who had been investing in American Express Co (Put) for a number of months, seems to be less bullish one the $87.42B market cap company. The stock decreased 1.06% or $1.09 during the last trading session, reaching $101.61. About 1.45M shares traded. American Express Company (NYSE:AXP) has risen 17.81% since May 23, 2017 and is uptrending. It has outperformed by 6.26% the S&P500.

Ed Bosek increased its stake in Anadarko Pete Corp (APC) by 118.34% based on its latest 2017Q4 regulatory filing with the SEC. Beaconlight Capital Llc bought 84,201 shares as the company’s stock rose 14.87% while stock markets declined. The hedge fund run by Ed Bosek held 155,351 shares of the oil & gas production company at the end of 2017Q4, valued at $8.33 million, up from 71,150 at the end of the previous reported quarter. Beaconlight Capital Llc who had been investing in Anadarko Pete Corp for a number of months, seems to be bullish on the $36.22 billion market cap company. The stock decreased 0.28% or $0.199 during the last trading session, reaching $70.321. About 4.36 million shares traded. Anadarko Petroleum Corporation (NYSE:APC) has risen 1.43% since May 23, 2017 and is uptrending. It has underperformed by 10.12% the S&P500.

More notable recent Anadarko Petroleum Corporation (NYSE:APC) news were published by: Streetinsider.com which released: “Anadarko Petroleum (APC) Appoints Mitchell W. Ingram EVP, International, Deepwater & Exploration” on May 21, 2018, also Bizjournals.com with their article: “5 things to know in Texas energy this week” published on May 21, 2018, Fool.com published: “4 Stocks That Could Be Massive Winners at $100 Oil” on May 23, 2018. More interesting news about Anadarko Petroleum Corporation (NYSE:APC) were released by: Investorplace.com and their article: “5 Top Energy Stocks to Buy Right Now” published on May 23, 2018 as well as Seekingalpha.com‘s news article titled: “Anadarko: Don’t Sell Yet” with publication date: May 15, 2018.

Beaconlight Capital Llc, which manages about $170.27M and $272.41 million US Long portfolio, decreased its stake in Wells Fargo Co New (NYSE:WFC) by 75,750 shares to 36,100 shares, valued at $2.19 million in 2017Q4, according to the filing. It also reduced its holding in Bio Rad Labs Inc (NYSE:BIO) by 14,869 shares in the quarter, leaving it with 53,005 shares, and cut its stake in Builders Firstsource Inc (NASDAQ:BLDR).

Investors sentiment increased to 0.88 in 2017 Q4. Its up 0.04, from 0.84 in 2017Q3. It improved, as 60 investors sold APC shares while 255 reduced holdings. 91 funds opened positions while 187 raised stakes. 454.79 million shares or 2.87% less from 468.24 million shares in 2017Q3 were reported. 6,111 are held by Grandfield & Dodd Ltd. 5,400 are owned by Blackstone Gru Ltd Partnership. Meiji Yasuda Asset Limited, Japan-based fund reported 44,425 shares. Yhb Advsr holds 0.17% of its portfolio in Anadarko Petroleum Corporation (NYSE:APC) for 18,825 shares. Eulav Asset holds 0.22% or 85,000 shares in its portfolio. Intact Inv Mgmt, a Ontario – Canada-based fund reported 21,600 shares. Moreover, 1St Source National Bank & Trust has 0.02% invested in Anadarko Petroleum Corporation (NYSE:APC). California State Teachers Retirement Systems holds 0.1% or 939,676 shares in its portfolio. 43,350 were reported by Ci Invests. Amundi Pioneer Asset, a Massachusetts-based fund reported 363,267 shares. Wesbanco Natl Bank invested in 10,747 shares. Granite Invest Partners Ltd Llc stated it has 4,800 shares or 0.02% of all its holdings. Dnb Asset Mngmt As holds 2.00M shares or 1.29% of its portfolio. Tudor Et Al owns 88,864 shares or 0.12% of their US portfolio. Eagle Cap Management reported 0.73% in Anadarko Petroleum Corporation (NYSE:APC).

Among 41 analysts covering Anadarko Petroleum Corporation (NYSE:APC), 33 have Buy rating, 2 Sell and 6 Hold. Therefore 80% are positive. Anadarko Petroleum Corporation had 143 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Anadarko Petroleum Corporation (NYSE:APC) has “Hold” rating given on Thursday, September 15 by Deutsche Bank. On Wednesday, October 11 the stock rating was maintained by Barclays Capital with “Underweight”. Stifel Nicolaus maintained Anadarko Petroleum Corporation (NYSE:APC) rating on Friday, September 1. Stifel Nicolaus has “Buy” rating and $76.0 target. The firm has “Buy” rating by Guggenheim given on Friday, November 11. Citigroup maintained the stock with “Buy” rating in Friday, July 21 report. The rating was maintained by Piper Jaffray with “Buy” on Tuesday, January 9. The rating was maintained by RBC Capital Markets with “Buy” on Thursday, November 2. The stock of Anadarko Petroleum Corporation (NYSE:APC) has “Buy” rating given on Wednesday, April 25 by Jefferies. Goldman Sachs upgraded Anadarko Petroleum Corporation (NYSE:APC) on Friday, March 11 to “Buy” rating. Jefferies maintained it with “Buy” rating and $78.0 target in Wednesday, February 7 report.

Holowesko Partners Ltd, which manages about $4.09B and $1.58B US Long portfolio, upped its stake in Taiwan Semiconductor Mfg Ltd (NYSE:TSM) by 13,100 shares to 48,700 shares, valued at $1.93M in 2017Q4, according to the filing. It also increased its holding in Qualcomm Inc (NASDAQ:QCOM) by 608,900 shares in the quarter, for a total of 650,000 shares, and has risen its stake in Jd Com Inc (NASDAQ:JD).

Since December 11, 2017, it had 0 buys, and 9 sales for $37.90 million activity. $1.23 million worth of American Express Company (NYSE:AXP) shares were sold by Squeri Stephen J. $1.27 million worth of stock was sold by Bush James Peter on Tuesday, January 2. $4.32M worth of American Express Company (NYSE:AXP) was sold by O’Neill Michael John. 9,000 shares valued at $882,406 were sold by CAMPBELL JEFFREY C on Tuesday, May 1. On Tuesday, December 12 Gupta Ashwini sold $5.63 million worth of American Express Company (NYSE:AXP) or 56,680 shares. CHENAULT KENNETH I sold $9.38 million worth of stock or 96,440 shares.

More recent American Express Company (NYSE:AXP) news were published by: Seekingalpha.com which released: “Most regional banks seen benefiting from bank deregulation bill: Height Research” on May 22, 2018. Also Seekingalpha.com published the news titled: “How Far Could American Express Fall?” on May 02, 2018. Livetradingnews.com‘s news article titled: “American Express Company (NYSE:AXP) Heffx Technical Review” with publication date: April 30, 2018 was also an interesting one.

Analysts await American Express Company (NYSE:AXP) to report earnings on July, 18. They expect $1.82 EPS, up 23.81% or $0.35 from last year’s $1.47 per share. AXP’s profit will be $1.57 billion for 13.96 P/E if the $1.82 EPS becomes a reality. After $1.86 actual EPS reported by American Express Company for the previous quarter, Wall Street now forecasts -2.15% negative EPS growth.

Among 38 analysts covering American Express Company (NYSE:AXP), 13 have Buy rating, 3 Sell and 22 Hold. Therefore 34% are positive. American Express Company had 123 analyst reports since July 23, 2015 according to SRatingsIntel. On Friday, April 15 the stock rating was initiated by Compass Point with “Buy”. Oppenheimer maintained American Express Company (NYSE:AXP) on Thursday, April 12 with “Buy” rating. The firm has “Hold” rating given on Thursday, October 19 by Jefferies. As per Thursday, April 19, the company rating was maintained by Susquehanna. The stock of American Express Company (NYSE:AXP) earned “Equal-Weight” rating by Barclays Capital on Friday, January 22. The firm has “Sell” rating given on Wednesday, January 17 by Credit Suisse. The rating was maintained by Deutsche Bank on Tuesday, February 9 with “Buy”. The company was maintained on Tuesday, May 30 by Jefferies. The firm earned “Neutral” rating on Friday, April 21 by Goldman Sachs. UBS initiated American Express Company (NYSE:AXP) on Tuesday, March 27 with “Buy” rating.

American Express Company (NYSE:AXP) Institutional Positions Chart

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