American Express Company stock is trading -14.86% below its average target price of $186.55 after dropping -1.4% during today's afternoon session. Analysts are giving the large-cap Diversified Financial company an average rating of buy and target prices ranging from $149.0 to $220.0 per share.
The stock has a very low short interest at 1.0%, and a short ratio of 2.0. The company's insiders own 0.14% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. Finally, we also note that a significant number of institutional investors are invested in the stock, with 85.6% of American Express Company's shares being owned by this investor type.
Institutions Invested in American Express Company
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2022-12-31 | Berkshire Hathaway, Inc | 20% | 151,610,700 | $24,080,327,758 |
| 2022-12-31 | Vanguard Group, Inc. (The) | 6% | 47,283,954 | $7,510,110,500 |
| 2022-12-31 | Blackrock Inc. | 6% | 45,476,476 | $7,223,028,766 |
| 2022-12-31 | State Street Corporation | 4% | 31,332,125 | $4,976,481,471 |
| 2022-12-31 | Wellington Management Group, LLP | 3% | 21,818,034 | $3,465,358,380 |
| 2022-12-31 | JP Morgan Chase & Company | 2% | 16,488,613 | $2,618,886,432 |
| 2022-12-31 | Fisher Asset Management, LLC | 2% | 14,511,472 | $2,304,857,124 |
| 2022-12-31 | Morgan Stanley | 2% | 12,503,902 | $1,985,994,777 |
| 2022-12-31 | Bank of America Corporation | 2% | 12,132,998 | $1,927,084,094 |
| 2022-12-31 | Massachusetts Financial Services Co. | 2% | 11,541,153 | $1,833,081,352 |
Besides an analyst consensus of some upside potential, other market factors point to there being mixed market sentiment on American Express Company.
