Waverton Investment Management LTD Has Trimmed By $325,215 Its American Express Co Com Us$0.20 (AXP) Position; Bridge Bancorp (BDGE) Shorts Lowered By 18.54%

May 18, 2018 - By Stephen Andrade

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Waverton Investment Management Ltd decreased American Express Co Com Us$0.20 (AXP) stake by 12.5% reported in 2017Q4 SEC filing. Waverton Investment Management Ltd sold 3,285 shares as American Express Co Com Us$0.20 (AXP)’s stock declined 7.41%. The Waverton Investment Management Ltd holds 22,990 shares with $2.28 million value, down from 26,275 last quarter. American Express Co Com Us$0.20 now has $87.09 billion valuation. The stock increased 0.63% or $0.63 during the last trading session, reaching $101.22. About 2.88M shares traded. American Express Company (NYSE:AXP) has risen 17.81% since May 18, 2017 and is uptrending. It has outperformed by 6.26% the S&P500.

Bridge Bancorp Inc (NASDAQ:BDGE) had a decrease of 18.54% in short interest. BDGE’s SI was 501,900 shares in May as released by FINRA. Its down 18.54% from 616,100 shares previously. With 37,400 avg volume, 13 days are for Bridge Bancorp Inc (NASDAQ:BDGE)’s short sellers to cover BDGE’s short positions. The SI to Bridge Bancorp Inc’s float is 3.14%. The stock increased 0.95% or $0.35 during the last trading session, reaching $37.2. About 55,697 shares traded or 24.13% up from the average. Bridge Bancorp, Inc. (NASDAQ:BDGE) has declined 2.05% since May 18, 2017 and is downtrending. It has underperformed by 13.60% the S&P500.

Bridge Bancorp, Inc. operates as the bank holding firm for The Bridgehampton National Bank that provides commercial and consumer banking services in the United States. The company has market cap of $735.45 million. The Company’s deposit products include time, savings, and demand deposits. It has a 35.77 P/E ratio. The firm also provides various loans comprising commercial real estate mortgage, multi-family mortgage, residential real estate mortgage, real estate construction and land, commercial and consumer, home equity, and construction loan products; and mortgage-backed securities, collateralized mortgage obligations, and other asset backed securities.

Since February 5, 2018, it had 7 insider buys, and 0 insider sales for $6.75 million activity. McCOY JR. ALBERT E bought $207,462 worth of stock. The insider BASSWOOD CAPITAL MANAGEMENT – L.L.C. bought $1.18M.

Investors sentiment decreased to 1.03 in 2017 Q4. Its down 0.69, from 1.72 in 2017Q3. It fall, as 2 investors sold Bridge Bancorp, Inc. shares while 32 reduced holdings. 11 funds opened positions while 24 raised stakes. 11.14 million shares or 0.46% less from 11.19 million shares in 2017Q3 were reported. State Street Corporation, a Massachusetts-based fund reported 344,382 shares. Rhumbline Advisers accumulated 18,353 shares. Goldman Sachs Gp invested in 0% or 10,938 shares. Highlander Lc, New Jersey-based fund reported 2,000 shares. 11,385 were reported by Aqr Management Ltd. Geode Capital Management holds 191,033 shares or 0% of its portfolio. Btim reported 176,158 shares. Voya Investment Llc holds 0% of its portfolio in Bridge Bancorp, Inc. (NASDAQ:BDGE) for 9,766 shares. The Ontario – Canada-based Td Asset has invested 0% in Bridge Bancorp, Inc. (NASDAQ:BDGE). Fisher Asset Mgmt Ltd owns 8,050 shares. Morgan Stanley reported 330,570 shares. Northwestern Mutual Wealth Mngmt Com accumulated 0% or 153 shares. Hotchkis And Wiley Ltd Com owns 35,212 shares for 0% of their portfolio. Aperio Gp Limited Liability Company stated it has 7,964 shares or 0% of all its holdings. Tiaa Cref Ltd Liability Company holds 0% or 45,761 shares.

Another recent and important Bridge Bancorp, Inc. (NASDAQ:BDGE) news was published by Globenewswire.com which published an article titled: “Bridge Bancorp, Inc. Reports First Quarter 2018 Results” on April 25, 2018.

Among 5 analysts covering Bridge Bancorp (NASDAQ:BDGE), 1 have Buy rating, 0 Sell and 4 Hold. Therefore 20% are positive. Bridge Bancorp had 11 analyst reports since April 15, 2016 according to SRatingsIntel. The firm has “Buy” rating given on Wednesday, January 3 by Sandler O’Neill. As per Tuesday, August 8, the company rating was maintained by Keefe Bruyette & Woods. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Tuesday, February 6 report. The stock of Bridge Bancorp, Inc. (NASDAQ:BDGE) earned “Market Perform” rating by Keefe Bruyette & Woods on Thursday, August 25. The rating was initiated by Wood on Friday, April 15 with “Market Perform”. The stock has “Hold” rating by Keefe Bruyette & Woods on Monday, February 26. The firm earned “Buy” rating on Thursday, February 8 by Sandler O’Neill. The stock of Bridge Bancorp, Inc. (NASDAQ:BDGE) has “Hold” rating given on Wednesday, February 7 by Hovde Group. Hovde Group initiated the shares of BDGE in report on Friday, January 6 with “Market Perform” rating. FIG Partners downgraded the shares of BDGE in report on Friday, April 29 to “Market Perform” rating.

Since December 11, 2017, it had 0 insider buys, and 9 insider sales for $37.90 million activity. The insider Gupta Ashwini sold 56,680 shares worth $5.63M. Another trade for 96,440 shares valued at $9.38M was sold by CHENAULT KENNETH I. On Thursday, February 1 the insider Bush James Peter sold $1.32 million. The insider Buckminster Douglas E. sold $8.79M. The insider Squeri Stephen J sold $1.23M. Shares for $5.07 million were sold by Cox L Kevin on Thursday, April 19. CAMPBELL JEFFREY C had sold 9,000 shares worth $882,406 on Tuesday, May 1.

Waverton Investment Management Ltd increased Exxon Mobil Corporation Com (NYSE:XOM) stake by 20,648 shares to 113,120 valued at $9.46M in 2017Q4. It also upped Union Pacific Corporation Com Us$2.50 (NYSE:UNP) stake by 15,755 shares and now owns 270,285 shares. Activision Blizzard Inc Com Us$0.000001 (NASDAQ:ATVI) was raised too.

More notable recent American Express Company (NYSE:AXP) news were published by: Seekingalpha.com which released: “How Far Could American Express Fall?” on May 02, 2018, also Seekingalpha.com with their article: “American Express Is Firing On All Cylinders” published on April 19, 2018, Livetradingnews.com published: “American Express Company (NYSE:AXP) Heffx Technical Review” on April 30, 2018. More interesting news about American Express Company (NYSE:AXP) were released by: Benzinga.com and their article: “Warren Buffett Pushing More Cash To Equities; ‘Big 5’ Stocks Still At The Top” published on May 16, 2018 as well as Nasdaq.com‘s news article titled: “3 Dividend Stocks to Fund Your Nest Egg” with publication date: May 16, 2018.

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. The stock of American Express Company (NYSE:AXP) earned “Hold” rating by Jefferies on Thursday, September 24. The stock has “Buy” rating by Wells Fargo on Tuesday, October 10. On Thursday, October 19 the stock rating was maintained by Barclays Capital with “Equal-Weight”. The firm has “Neutral” rating by Goldman Sachs given on Thursday, April 21. The rating was upgraded by Bank of America to “Buy” on Monday, January 9. Bank of America upgraded the stock to “Neutral” rating in Thursday, October 20 report. Jefferies maintained it with “Hold” rating and $105.0 target in Wednesday, January 10 report. On Friday, January 19 the stock rating was maintained by Wells Fargo with “Buy”. The stock of American Express Company (NYSE:AXP) has “Buy” rating given on Tuesday, March 27 by UBS. The firm has “Buy” rating by Vetr given on Monday, August 10.

American Express Company (NYSE:AXP) Institutional Positions Chart

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