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The Czech National Bank has increased its stake in American Express by 44.5% in the third quarter, owning 101,687 shares valued at $15,171,000. Other institutional investors have also made changes to their holdings of AXP, including Tyler Stone Wealth Management and RVW Wealth LLC acquiring new positions in the payment services company. Additionally, BOK Financial Private Wealth Inc. raised its stake by 2,142.9%.

On the other hand, insider activity has seen Vice Chairman Douglas E. Buckminster selling 11,344 shares, while Director Walter Joseph Clayton III purchased 1,000 shares of the stock. On Wall Street, several analysts have given ratings for AXP, with a consensus price target of $171.78.

American Express’ stock traded up $0.49 on Wednesday, reaching $186.45. The company reported an EPS of $3.30 for the quarter, beating estimates. Furthermore, the company announced a quarterly dividend of $0.60 to be paid on February 9th, with a dividend yield of 1.29%. The company has a market capitalization of $135.88 billion and operates worldwide, offering charge and credit payment card products, and travel-related services.



Read more: Czech National Bank Has $15.17 Million Stake in American Express (NYSE:AXP)