Zevin Asset Management Llc decreased its stake in Auto Data Processing (ADP) by 11% based on its latest 2017Q3 regulatory filing with the SEC. Zevin Asset Management Llc sold 26,386 shares as the company’s stock declined 1.06% while stock markets rallied. The institutional investor held 213,535 shares of the technology company at the end of 2017Q3, valued at $23.34 million, down from 239,921 at the end of the previous reported quarter. Zevin Asset Management Llc who had been investing in Auto Data Processing for a number of months, seems to be less bullish one the $51.63B market cap company. The stock decreased 1.21% or $1.43 during the last trading session, reaching $116.47. About 1.18M shares traded. Automatic Data Processing, Inc. (NASDAQ:ADP) has risen 15.83% since February 28, 2017 and is uptrending. It has underperformed by 0.87% the S&P500.
Folger Nolan Fleming Douglas Capital Management Inc decreased its stake in American Express Inc (AXP) by 14.69% based on its latest 2017Q3 regulatory filing with the SEC. Folger Nolan Fleming Douglas Capital Management Inc sold 3,530 shares as the company’s stock declined 3.65% while stock markets rallied. The institutional investor held 20,507 shares of the consumer services company at the end of 2017Q3, valued at $1.86 million, down from 24,037 at the end of the previous reported quarter. Folger Nolan Fleming Douglas Capital Management Inc who had been investing in American Express Inc for a number of months, seems to be less bullish one the $85.67 billion market cap company. The stock decreased 2.03% or $2.06 during the last trading session, reaching $99.58. About 5.17 million shares traded or 31.10% up from the average. American Express Company (NYSE:AXP) has risen 22.41% since February 28, 2017 and is uptrending. It has outperformed by 5.71% the S&P500.
Analysts await American Express Company (NYSE:AXP) to report earnings on April, 18. They expect $1.71 earnings per share, up 27.61% or $0.37 from last year’s $1.34 per share. AXP’s profit will be $1.47B for 14.56 P/E if the $1.71 EPS becomes a reality. After $1.58 actual earnings per share reported by American Express Company for the previous quarter, Wall Street now forecasts 8.23% EPS growth.
Investors sentiment increased to 0.83 in Q3 2017. Its up 0.01, from 0.82 in 2017Q2. It increased, 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. Moreover, Hexavest Inc has 0.93% invested in American Express Company (NYSE:AXP) for 839,068 shares. Partnervest Advisory Services Lc stated it has 0.11% of its portfolio in American Express Company (NYSE:AXP). Neville Rodie And Shaw reported 0.8% in American Express Company (NYSE:AXP). Baxter Bros has 6,181 shares for 0.16% of their portfolio. Summit Gp Limited Liability Company holds 0.06% or 4,000 shares. Choate Invest Advsr stated it has 39,699 shares. Bedrijfstakpensioenfonds Voor De Media Pno owns 35,330 shares. Fulton Savings Bank Na reported 5,117 shares. 3,834 are held by Palisades Hudson Asset Management L P. Heritage Wealth Advsrs reported 2,797 shares stake. Td Asset holds 691,219 shares or 0.09% of its portfolio. Silvercrest Asset Management Lc holds 0.12% or 128,268 shares in its portfolio. Martin Investment Mgmt Ltd Liability Corporation reported 3.17% in American Express Company (NYSE:AXP). Bingham Osborn And Scarborough Limited has invested 0.02% in American Express Company (NYSE:AXP). Jolley Asset Mgmt holds 0.02% in American Express Company (NYSE:AXP) or 250 shares.
Since September 7, 2017, it had 0 insider buys, and 11 sales for $35.65 million activity. $506,340 worth of stock was sold by Sobbott Susan on Thursday, September 7. 96,440 shares valued at $9.38 million were sold by CHENAULT KENNETH I on Thursday, December 14. 43,741 shares were sold by O’Neill Michael John, worth $4.32 million on Monday, December 11. Buckminster Douglas E. sold 88,930 shares worth $8.79 million. 30,761 American Express Company (NYSE:AXP) shares with value of $2.87M were sold by Williams Anre D. 56,680 shares were sold by Gupta Ashwini, worth $5.63M.
Among 36 analysts covering American Express Company (NYSE:AXP), 11 have Buy rating, 4 Sell and 21 Hold. Therefore 31% are positive. American Express Company had 108 analyst reports since July 23, 2015 according to SRatingsIntel. Morgan Stanley maintained it with “Equal-Weight” rating and $90 target in Thursday, July 20 report. The rating was reinitiated by Piper Jaffray on Wednesday, November 25 with “Neutral”. The rating was upgraded by Bank of America on Monday, January 9 to “Buy”. On Thursday, October 22 the stock rating was maintained by Credit Suisse with “Underperform”. On Tuesday, January 10 the stock rating was upgraded by Oppenheimer to “Outperform”. Credit Suisse downgraded the stock to “Sell” rating in Tuesday, December 5 report. Argus Research maintained American Express Company (NYSE:AXP) rating on Thursday, October 22. Argus Research has “Buy” rating and $84.0 target. Jefferies maintained the shares of AXP in report on Monday, May 1 with “Hold” rating. The company was maintained on Thursday, June 1 by BMO Capital Markets. The stock of American Express Company (NYSE:AXP) earned “Buy” rating by Wood on Tuesday, April 11.
Among 19 analysts covering Automatic Data (NASDAQ:ADP), 4 have Buy rating, 2 Sell and 13 Hold. Therefore 21% are positive. Automatic Data had 57 analyst reports since August 3, 2015 according to SRatingsIntel. Stifel Nicolaus maintained the stock with “Hold” rating in Tuesday, October 3 report. Stifel Nicolaus maintained Automatic Data Processing, Inc. (NASDAQ:ADP) on Thursday, July 27 with “Hold” rating. Bernstein maintained it with “Outperform” rating and $125 target in Tuesday, October 31 report. The rating was upgraded by Bank of America on Tuesday, December 5 to “Buy”. The stock of Automatic Data Processing, Inc. (NASDAQ:ADP) has “Hold” rating given on Tuesday, October 3 by Robert W. Baird. The firm earned “In-Line” rating on Monday, July 31 by Evercore. The stock of Automatic Data Processing, Inc. (NASDAQ:ADP) earned “Buy” rating by Goldman Sachs on Friday, December 16. The stock of Automatic Data Processing, Inc. (NASDAQ:ADP) earned “Neutral” rating by Bank of America on Friday, October 13. The firm has “Hold” rating by Robert W. Baird given on Wednesday, January 31. JP Morgan maintained it with “Neutral” rating and $89 target in Friday, August 14 report.
Investors sentiment decreased to 0.68 in 2017 Q3. Its down 0.09, from 0.77 in 2017Q2. It dropped, as 60 investors sold ADP shares while 457 reduced holdings. 109 funds opened positions while 241 raised stakes. 342.26 million shares or 3.77% less from 355.68 million shares in 2017Q2 were reported. 6,206 are held by Rockland Tru Commerce. Winfield Incorporated has invested 0.01% in Automatic Data Processing, Inc. (NASDAQ:ADP). Kentucky Retirement Insurance Fund, a Kentucky-based fund reported 11,831 shares. Thompson Rubinstein Inc Or, a Oregon-based fund reported 39,329 shares. Montag A And Assoc has 0.06% invested in Automatic Data Processing, Inc. (NASDAQ:ADP) for 5,080 shares. Reliance Tru Com Of Delaware holds 5,557 shares or 0.09% of its portfolio. Moreover, Fisher Asset Lc has 0% invested in Automatic Data Processing, Inc. (NASDAQ:ADP). Wms Prtnrs Lc owns 3,006 shares. Hartford Financial reported 31,398 shares. 35,319 were accumulated by Profund Advsr Limited Liability Com. Price T Rowe Assoc Inc Md reported 1.69M shares. Greenleaf holds 0.01% or 5,943 shares. Meridian Counsel Inc holds 0.34% of its portfolio in Automatic Data Processing, Inc. (NASDAQ:ADP) for 5,625 shares. Saybrook Nc holds 3.59% of its portfolio in Automatic Data Processing, Inc. (NASDAQ:ADP) for 66,742 shares. Winslow Cap Management Ltd Llc invested in 0.65% or 1.10M shares.
Analysts await Automatic Data Processing, Inc. (NASDAQ:ADP) to report earnings on May, 2. They expect $1.44 EPS, up 9.92% or $0.13 from last year’s $1.31 per share. ADP’s profit will be $638.31 million for 20.22 P/E if the $1.44 EPS becomes a reality. After $0.99 actual EPS reported by Automatic Data Processing, Inc. for the previous quarter, Wall Street now forecasts 45.45% EPS growth.
Zevin Asset Management Llc, which manages about $480.40M and $425.63 million US Long portfolio, upped its stake in Ishares Msci Emrg Mkt Fd Emerg (EEM) by 11,100 shares to 16,550 shares, valued at $742,000 in 2017Q3, according to the filing.
Since September 1, 2017, it had 0 buys, and 26 sales for $43.49 million activity. The insider Black Maria sold 1,786 shares worth $213,820. Ayala John had sold 6,843 shares worth $729,738. On Sunday, December 31 Flynn Edward B III sold $2.34 million worth of Automatic Data Processing, Inc. (NASDAQ:ADP) or 20,210 shares. The insider Sackman Stuart sold 238 shares worth $28,953. $5.68M worth of Automatic Data Processing, Inc. (NASDAQ:ADP) was sold by Siegmund Jan. 3,242 shares valued at $405,250 were sold by Weinstein Donald on Wednesday, January 31.
The post Folger Nolan Fleming Douglas Capital Management Has Cut American Express (AXP) Holding as Shares Declined; As Auto Data Processing (ADP) Shares Declined, Holder Zevin Asset Management Has Trimmed Its Stake by $2.88 Million appeared first on Stock Market News | HillCountryTimes | Get it Today.
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