Paloma Partners Management Company Maintains Holding in Valero Energy (Call) (VLO); As American Express Co (AXP) Stock Value Declined, 1St Source Bank Has Lowered Holding by $374,015

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1St Source Bank decreased its stake in American Express Co (AXP) by 6.59% based on its latest 2018Q4 regulatory filing with the SEC. 1St Source Bank sold 3,937 shares as the company’s stock declined 3.45% while stock markets rallied. The institutional investor held 55,802 shares of the consumer services company at the end of 2018Q4, valued at $5.32M, down from 59,739 at the end of the previous reported quarter. 1St Source Bank who had been investing in American Express Co for a number of months, seems to be less bullish one the $95.74 billion market cap company. The stock increased 1.04% or $1.17 during the last trading session, reaching $113.52. About 4.78 million shares traded or 21.49% up from the average. American Express Company (NYSE:AXP) has risen 14.57% since March 17, 2018 and is uptrending. It has outperformed by 10.20% the S&P500. Some Historical AXP News: 16/04/2018 – Fourth Annual American Express Leadership Academy Global Alumni Summit Connects Social Purpose Leaders from Around the World; 17/05/2018 – American Express Issues $1.2B of 3.375% Notes Due May 2021 and $800M Floating Rate Notes Due May 2021; 14/03/2018 – Moody’s Assigns Provisional Ratings To American Express 2018-1 Card Abs; 21/05/2018 – MediaPost: American Express To Review Global Media Account; 15/05/2018 – AMERICAN EXPRESS-U.S. SMALL BUSINESS CARD MEMBER LOANS NET WRITE-OFF RATE-PRINCIPAL ONLY 1.9 PCT AT APRIL END VS 1.8 PCT AT MARCH END; 14/05/2018 – Fitch to Rate American Express Credit Account Master Trust, Series 2018-4; Presale Issued; 20/03/2018 – AMERICAN EXPRESS – EXPEDIA ALERTED CO THAT USERS OF ORBITZ PLATFORM FROM JAN 1, 2016 THROUGH DEC 22, 2017 MAY HAVE BEEN VICTIMS OF CYBER ATTACK; 07/05/2018 – Groupon Launches Local Restaurant Deals for American Express Card Members; 05/04/2018 – AMERICAN EXPRESS CO AXP.N : CITIGROUP STARTS WITH BUY; TARGET PRICE $110; 03/05/2018 – Accertify Launches Next Generation Machine-Learning Risk Management Tools

Paloma Partners Management Company increased its stake in Valero Energy Corp (Call) (VLO) by 1278.68% based on its latest 2018Q4 regulatory filing with the SEC. Paloma Partners Management Company bought 27,824 shares as the company’s stock rose 3.92% with the market. The institutional investor held 30,000 shares of the integrated oil company at the end of 2018Q4, valued at $2.25 million, up from 2,176 at the end of the previous reported quarter. Paloma Partners Management Company who had been investing in Valero Energy Corp (Call) for a number of months, seems to be bullish on the $35.53 billion market cap company. The stock increased 0.16% or $0.14 during the last trading session, reaching $85.08. About 5.66 million shares traded or 36.38% up from the average. Valero Energy Corporation (NYSE:VLO) has declined 9.13% since March 17, 2018 and is downtrending. It has underperformed by 13.50% the S&P500. Some Historical VLO News: 08/05/2018 – Valero Energy Presenting at Redburn Conference Tomorrow; 14/03/2018 – Texas Emissions: 280434 – VALERO PORT ARTHUR REFINERY; 06/03/2018 – VALERO PORT ARTHUR TEXAS REFINERY RESTARTING SULFUR UNIT, PREPARING HYDROCRACKER RESTART; 14/05/2018 – VALERO ENERGY – TRANSACTION, WHICH WAS FUNDED WITH CASH, ALSO INCLUDES REFINED PRODUCTS TERMINALS IN CALLAO AND IN PAITA; 27/03/2018 – VALERO MEMPHIS TENNESSEE REFINERY HYDROGEN PLANT OPERATING AT REDUCED RATES; 26/04/2018 – Valero Energy first-quarter profit jumps 54 pct; 22/03/2018 – Texas Emissions: 280895 – VALERO HOUSTON REFINERY; 29/05/2018 – Valero Reports Operational Snag at Port Arthur, Texas, Refinery; 19/04/2018 – Valero’s Texas City refinery hit by blast, fire; 23/04/2018 – Valero Reports Power Disruption at Corpus Christi, Texas Refinery

More notable recent Valero Energy Corporation (NYSE:VLO) news were published by: Seekingalpha.com which released: “Valero Energy’s Natural Gas Advantage – Seeking Alpha” on February 05, 2019, also Seekingalpha.com with their article: “The Good And Bad News About VLO – Seeking Alpha” published on June 14, 2018, Globenewswire.com published: “Valero Energy Reports Third Quarter 2018 Results NYSE:VLO – GlobeNewswire” on October 25, 2018. More interesting news about Valero Energy Corporation (NYSE:VLO) were released by: Seekingalpha.com and their article: “Valero Will Be Offering A 4.6% Dividend Yield From Next Month – Seeking Alpha” published on December 08, 2018 as well as Seekingalpha.com‘s news article titled: “Valero Energy declares $0.90 dividend – Seeking Alpha” with publication date: January 24, 2019.

Paloma Partners Management Company, which manages about $3.27 billion US Long portfolio, decreased its stake in Radian Group Inc (NYSE:RDN) by 59,803 shares to 18,700 shares, valued at $306,000 in 2018Q4, according to the filing. It also reduced its holding in Imperial Oil Ltd (NYSEMKT:IMO) by 16,200 shares in the quarter, leaving it with 14,200 shares, and cut its stake in Tesla Inc (Put) (NASDAQ:TSLA).

Investors sentiment decreased to 0.84 in 2018 Q4. Its down 0.05, from 0.89 in 2018Q3. It fall, as 128 investors sold VLO shares while 290 reduced holdings. 90 funds opened positions while 263 raised stakes. 325.67 million shares or 3.16% more from 315.70 million shares in 2018Q3 were reported. The Texas-based Cullen Frost Bankers has invested 0.51% in Valero Energy Corporation (NYSE:VLO). Bessemer Grp stated it has 0.06% of its portfolio in Valero Energy Corporation (NYSE:VLO). Paragon Capital Mngmt Ltd reported 0.14% of its portfolio in Valero Energy Corporation (NYSE:VLO). Wellington Management Gru Llp holds 0.08% or 4.26 million shares in its portfolio. Parkside Fin Bancorp And Trust has 0.05% invested in Valero Energy Corporation (NYSE:VLO). Cushing Asset Mngmt LP reported 133,644 shares. Bnp Paribas Asset Management Holdings invested in 182,043 shares or 0.12% of the stock. Benjamin F Edwards Company has invested 0.03% in Valero Energy Corporation (NYSE:VLO). Johnson Fincl Grp invested 0.32% in Valero Energy Corporation (NYSE:VLO). Sumitomo Life Insur has 13,961 shares for 0.15% of their portfolio. Texas Permanent School Fund accumulated 85,344 shares or 0.11% of the stock. Public Employees Retirement Association Of Colorado invested in 0.04% or 78,549 shares. Foster & Motley holds 0.75% in Valero Energy Corporation (NYSE:VLO) or 62,332 shares. Acropolis Investment Management Ltd Liability reported 0.15% of its portfolio in Valero Energy Corporation (NYSE:VLO). State Of Alaska Department Of Revenue holds 0.24% or 167,538 shares in its portfolio.

Since October 29, 2018, it had 4 insider buys, and 0 sales for $1.91 million activity. Shares for $42,485 were bought by Waters Stephen M on Wednesday, February 20. The insider WEISENBURGER RANDALL J bought $1.82 million.

More important recent American Express Company (NYSE:AXP) news were published by: Fool.com which released: “2 Warren Buffett Stocks to Buy in March – Motley Fool” on March 17, 2019, also Benzinga.com published article titled: “Analysts React After American Express (NYSE:AXP) Rings Up Q4 EPS, Sales Miss – Benzinga”, Investorplace.com published: “MasterCard Stock Is A Buy, But Is It A Better Buy Than Its Card Peers? – Investorplace.com” on March 15, 2019. More interesting news about American Express Company (NYSE:AXP) was released by: Seekingalpha.com and their article: “American Express rises ahead of investor day – Seeking Alpha” with publication date: March 12, 2019.

Investors sentiment increased to 0.89 in Q4 2018. Its up 0.05, from 0.84 in 2018Q3. It improved, as 56 investors sold AXP shares while 420 reduced holdings. 105 funds opened positions while 318 raised stakes. 695.57 million shares or 0.99% more from 688.76 million shares in 2018Q3 were reported. Gradient Investments Ltd Liability Com owns 996 shares or 0.01% of their US portfolio. Jpmorgan Chase & holds 0.12% or 5.29 million shares in its portfolio. Bb&T Securities Ltd Liability Corporation owns 242,854 shares. Confluence Investment Llc owns 190,969 shares. Legal And General Public Lc owns 3.29 million shares. 37,012 are held by Synovus Corporation. Next Financial Grp owns 5,663 shares. Palisade Asset Management Limited Liability Corporation has invested 0.12% in American Express Company (NYSE:AXP). Strategic Advsrs Limited Liability Corporation invested in 6,726 shares. Clark Cap Grp Incorporated holds 421,016 shares or 1.08% of its portfolio. Korea Corp invested 0.42% in American Express Company (NYSE:AXP). Institute For Wealth Mgmt Limited Liability Company, Colorado-based fund reported 12,498 shares. Swedbank reported 991,598 shares or 0.51% of all its holdings. Goelzer Inc invested in 45,471 shares. Ci holds 499,737 shares.

Analysts await American Express Company (NYSE:AXP) to report earnings on April, 17. They expect $2.02 earnings per share, up 8.60% or $0.16 from last year’s $1.86 per share. AXP’s profit will be $1.70B for 14.05 P/E if the $2.02 EPS becomes a reality. After $1.74 actual earnings per share reported by American Express Company for the previous quarter, Wall Street now forecasts 16.09% EPS growth.

American Express Company (NYSE:AXP) Institutional Positions Chart