Corecommodity Management Holding in American Wtr Wks Co New (AWK) Has Trimmed by $811,840; American Express Co (AXP) Shareholder Westpac Banking Increased Position by $472,680 as Share Value Declined

January 19, 2018 - By Darrin Black

Westpac Banking Corp increased its stake in American Express Co (AXP) by 2.2% based on its latest 2017Q3 regulatory filing with the SEC. Westpac Banking Corp bought 5,252 shares as the company’s stock declined 3.65% while stock markets rallied. The institutional investor held 243,683 shares of the consumer services company at the end of 2017Q3, valued at $22.04 million, up from 238,431 at the end of the previous reported quarter. Westpac Banking Corp who had been investing in American Express Co for a number of months, seems to be bullish on the $83.97B market cap company. The stock decreased 3.12% or $3.115 during the last trading session, reaching $96.745. About 7.78M shares traded or 140.81% up from the average. American Express Company (NYSE:AXP) has risen 22.41% since January 19, 2017 and is uptrending. It has outperformed by 5.71% the S&P500.

Corecommodity Management Llc decreased its stake in American Wtr Wks Co Inc New (AWK) by 57.3% based on its latest 2017Q3 regulatory filing with the SEC. Corecommodity Management Llc sold 10,148 shares as the company’s stock rose 2.78% with the market. The institutional investor held 7,562 shares of the water supply company at the end of 2017Q3, valued at $612,000, down from 17,710 at the end of the previous reported quarter. Corecommodity Management Llc who had been investing in American Wtr Wks Co Inc New for a number of months, seems to be less bullish one the $14.85B market cap company. The stock increased 1.05% or $0.86 during the last trading session, reaching $83.28. About 470,257 shares traded. American Water Works Company, Inc. (NYSE:AWK) has risen 3.35% since January 19, 2017 and is uptrending. It has underperformed by 13.35% the S&P500.

Among 36 analysts covering American Express Company (NYSE:AXP), 10 have Buy rating, 4 Sell and 22 Hold. Therefore 28% are positive. American Express Company had 101 analyst reports since July 23, 2015 according to SRatingsIntel. The company was maintained on Monday, September 18 by Jefferies. Macquarie Research maintained it with “Underperform” rating and $60 target in Thursday, April 21 report. The firm has “Buy” rating given on Monday, December 18 by Bank of America. The rating was maintained by Keefe Bruyette & Woods on Thursday, December 21 with “Buy”. The company was maintained on Thursday, December 28 by Susquehanna. KeyBanc Capital Markets maintained the shares of AXP in report on Wednesday, August 23 with “Hold” rating. Atlantic Securities initiated the shares of AXP in report on Friday, September 9 with “Underweight” rating. The firm has “Sell” rating given on Monday, January 8 by RBC Capital Markets. Stephens maintained the stock with “Hold” rating in Tuesday, January 2 report. S&P Research maintained American Express Company (NYSE:AXP) on Monday, September 14 with “Hold” rating.

Investors sentiment increased to 0.83 in 2017 Q3. Its up 0.01, from 0.82 in 2017Q2. It improved, as 47 investors sold AXP shares while 434 reduced holdings. 100 funds opened positions while 297 raised stakes. 709.03 million shares or 0.92% less from 715.61 million shares in 2017Q2 were reported. Sector Pension Board reported 83,370 shares. State Of Alaska Department Of Revenue stated it has 0.09% in American Express Company (NYSE:AXP). 3,100 are held by Aureus Asset Mngmt. Cypress Mngmt Limited Company invested in 3,099 shares. Rothschild Asset Management accumulated 607,209 shares. Wetherby Asset Mngmt Inc stated it has 0.24% of its portfolio in American Express Company (NYSE:AXP). Hancock Holdings holds 14,046 shares or 0.05% of its portfolio. Regal Invest Advsrs Ltd Llc has 23,158 shares for 0.49% of their portfolio. Cleararc holds 0.26% or 18,849 shares. Roundview Capital Ltd, New Jersey-based fund reported 21,031 shares. Biltmore Wealth Mgmt Ltd Liability Company holds 0.95% or 9,934 shares. Noesis Cap Mangement reported 114,244 shares. 243,790 were reported by Robeco Institutional Asset Mngmt Bv. Rothschild Invest Il, Illinois-based fund reported 4,687 shares. Amf Pensionsforsakring reported 955,495 shares or 0.95% of all its holdings.

Since July 31, 2017, it had 0 insider purchases, and 11 selling transactions for $38.86 million activity. Gupta Ashwini had sold 56,680 shares worth $5.63M. $4.53M worth of stock was sold by Williams Anre D on Monday, July 31. Buckminster Douglas E. sold $8.79 million worth of stock. Shares for $304,962 were sold by Zukauckas Linda. Bush James Peter had sold 12,789 shares worth $1.27 million. Shares for $4.32M were sold by O’Neill Michael John on Monday, December 11.

Westpac Banking Corp, which manages about $4.54 billion US Long portfolio, decreased its stake in Store Cap Corp (NYSE:STOR) by 16,775 shares to 392,346 shares, valued at $9.76M in 2017Q3, according to the filing. It also reduced its holding in Cooper Cos Inc (NYSE:COO) by 16,566 shares in the quarter, leaving it with 58,767 shares, and cut its stake in Intuit (NASDAQ:INTU).

Among 12 analysts covering American Water Works (NYSE:AWK), 2 have Buy rating, 0 Sell and 10 Hold. Therefore 17% are positive. American Water Works had 27 analyst reports since October 15, 2015 according to SRatingsIntel. As per Friday, August 25, the company rating was maintained by Robert W. Baird. Bank of America downgraded it to “Hold” rating and $91.0 target in Thursday, January 11 report. Ladenburg Thalmann downgraded the shares of AWK in report on Thursday, October 15 to “Neutral” rating. The firm earned “Buy” rating on Tuesday, December 20 by Janney Capital. The rating was maintained by Wells Fargo with “Hold” on Thursday, October 19. Janney Capital downgraded the shares of AWK in report on Friday, November 3 to “Neutral” rating. Robert W. Baird downgraded the shares of AWK in report on Wednesday, March 2 to “Neutral” rating. The rating was downgraded by HSBC to “Hold” on Wednesday, March 15. Northcoast initiated the shares of AWK in report on Thursday, May 25 with “Neutral” rating. Barclays Capital maintained American Water Works Company, Inc. (NYSE:AWK) on Tuesday, September 6 with “Overweight” rating.

Since August 21, 2017, it had 0 insider buys, and 2 selling transactions for $1.52 million activity.

Investors sentiment increased to 1.05 in 2017 Q3. Its up 0.05, from 1 in 2017Q2. It is positive, as 35 investors sold AWK shares while 185 reduced holdings. 46 funds opened positions while 186 raised stakes. 139.87 million shares or 0.09% less from 140.00 million shares in 2017Q2 were reported. One Natl Association holds 3,383 shares. Security Communication stated it has 1,004 shares or 0.03% of all its holdings. Frontier Investment Company reported 3,058 shares or 0.02% of all its holdings. The Florida-based Raymond James Fincl Serv Advsr Incorporated has invested 0.05% in American Water Works Company, Inc. (NYSE:AWK). Whittier Tru accumulated 0.63% or 213,681 shares. Homrich Berg, a Georgia-based fund reported 3,801 shares. Citigroup Inc reported 266,701 shares stake. Balyasny Asset Mgmt Lc invested in 0% or 9,679 shares. Wellington Mngmt Gru Inc Limited Liability Partnership holds 78,033 shares or 0% of its portfolio. Chicago Equity Ltd Liability Company accumulated 0.17% or 65,770 shares. Everence Cap Management accumulated 0.2% or 10,583 shares. Schwab Charles Management has invested 0.04% in American Water Works Company, Inc. (NYSE:AWK). Raymond James Tru Na holds 12,722 shares. Commercial Bank Of Hawaii holds 4,125 shares. 67,745 are held by Boston Common Asset Mgmt Ltd Com.

Corecommodity Management Llc, which manages about $5.19 billion and $105.70 million US Long portfolio, upped its stake in Agrium Inc (NYSE:AGU) by 3,051 shares to 6,597 shares, valued at $707,000 in 2017Q3, according to the filing. It also increased its holding in Schnitzer Stl Inds (NASDAQ:SCHN) by 15,561 shares in the quarter, for a total of 20,655 shares, and has risen its stake in Bp Plc (NYSE:BP).

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: