Gentex (GNTX) Shareholder Thomas Story & Son Lifted Its Stake by $2.91 Million; As American Express Co (AXP) Market Value Declined, North American Management Cut Position

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Thomas Story & Son Llc increased its stake in Gentex Corp (GNTX) by 888.91% based on its latest 2018Q3 regulatory filing with the SEC. Thomas Story & Son Llc bought 138,635 shares as the company’s stock declined 11.63% with the market. The institutional investor held 154,231 shares of the o.e.m. company at the end of 2018Q3, valued at $3.31 million, up from 15,596 at the end of the previous reported quarter. Thomas Story & Son Llc who had been investing in Gentex Corp for a number of months, seems to be bullish on the $5.21 billion market cap company. The stock decreased 1.34% or $0.27 during the last trading session, reaching $19.88. About 1.79M shares traded. Gentex Corporation (NASDAQ:GNTX) has risen 1.86% since February 14, 2018 and is uptrending. It has outperformed by 1.86% the S&P500. Some Historical GNTX News: 16/03/2018 – DEEP ECO: Gentex Revenue May Benefit, Industry Up This Quarter; 08/05/2018 – Gentex at Wells Fargo Industrials Conference Tomorrow; 24/05/2018 – Gentex Announces Second Quarter 2018 Quarterly Cash Dividend; 20/04/2018 – Gentex 1Q Net $111.3M; 14/03/2018 – Gentex Company Marketing Scheduled By FBR for Mar. 21-22; 20/04/2018 – DJ Gentex Corporation, Inst Holders, 1Q 2018 (GNTX); 09/03/2018 – GENTEX – CAPITAL ALLOCATION STRATEGY INCLUDES DEBT REPAYMENT OF $78 MLN DURING FIRST THREE QTRS OF 2018; 09/03/2018 – Gentex Targeted Share Repurchase Authorization of Approximately $425 million for Calendar Year 2018; 09/03/2018 – GENTEX REPORTS CAPITAL ALLOCATION STRATEGY, ADDED SHARE BUYBACK; 20/04/2018 – GENTEX 1Q EPS 40C, EST. 40C

North American Management Corp decreased its stake in American Express Co (AXP) by 2.56% based on its latest 2018Q3 regulatory filing with the SEC. North American Management Corp sold 4,347 shares as the company’s stock declined 1.40% with the market. The institutional investor held 165,332 shares of the consumer services company at the end of 2018Q3, valued at $17.61M, down from 169,679 at the end of the previous reported quarter. North American Management Corp who had been investing in American Express Co for a number of months, seems to be less bullish one the $91.10B market cap company. The stock increased 0.52% or $0.56 during the last trading session, reaching $107.56. About 3.18M shares traded. American Express Company (NYSE:AXP) has risen 7.31% since February 14, 2018 and is uptrending. It has outperformed by 7.31% the S&P500. Some Historical AXP News: 14/03/2018 – Fitch to Rate American Express Credit Account Master Trust, Series 2018-2; Presale Issued; 15/05/2018 – AMERICAN EXPRESS-U.S.SMALL BUSINESS CARD MEMBER LOANS 30 DAYS PAST DUE LOANS AS A%OF TOTAL 1.2 PCT AT APRIL END VS 1.3 PCT AT MARCH END; 16/04/2018 – American Express March U.S. Consumer Services Card-Member Delinquency Rate 1.4%, Flat Vs. Feb; 18/04/2018 – AMERICAN EXPRESS 1Q EPS $1.86; EST. $1.71; 10/05/2018 – Parallel North IP Expands Licensing Business with NEC and American Express Patent Portfolios Owned by Strategic Partner, Dominion Harbor; 20/03/2018 – American Express Releases Statement Regarding Orbitz Cyber Attack; 08/05/2018 – American Express Shareholders Vote Down Shareholder Proposal Related to Independent Chairman, 64.6% Against and 35.4%; 02/04/2018 – S&PGR Withdraws American Express Bank FSB Ratings; 16/04/2018 – American Express March U.S. Small Business Card Delinquency Rate 1.3% Vs. 1.4% in Feb; 15/05/2018 – American Express U.S. Small Business Card Member Total Loans Were $11.3 Billion for April

More recent American Express Company (NYSE:AXP) news were published by: Benzinga.com which released: “Analysts React After American Express (NYSE:AXP) Rings Up Q4 EPS, Sales Miss – Benzinga” on January 18, 2019. Also Fool.com published the news titled: “Better Buy: Berkshire Hathaway vs. American Express – Motley Fool” on January 28, 2019. Investorplace.com‘s news article titled: “Should You Buy American Express Stock Before Earnings? – Investorplace.com” with publication date: January 16, 2019 was also an interesting one.

Among 39 analysts covering American Express Company (NYSE:AXP), 15 have Buy rating, 3 Sell and 21 Hold. Therefore 38% are positive. American Express Company had 139 analyst reports since July 23, 2015 according to SRatingsIntel. The company was maintained on Monday, September 18 by Jefferies. S&P Research downgraded American Express Company (NYSE:AXP) rating on Thursday, July 23. S&P Research has “Hold” rating and $80 target. As per Friday, September 15, the company rating was maintained by RBC Capital Markets. The stock of American Express Company (NYSE:AXP) has “Outperform” rating given on Monday, October 1 by Wells Fargo. On Friday, October 13 the stock rating was maintained by Piper Jaffray with “Hold”. The stock of American Express Company (NYSE:AXP) has “Equal-Weight” rating given on Friday, October 19 by Barclays Capital. The firm has “Sell” rating by RBC Capital Markets given on Thursday, April 19. On Monday, October 26 the stock rating was downgraded by UBS to “Sell”. The company was upgraded on Tuesday, June 20 by Stephens. As per Tuesday, October 13, the company rating was maintained by Barclays Capital.

North American Management Corp, which manages about $1.36B and $613.29M US Long portfolio, upped its stake in Ishares Tr by 7,800 shares to 11,140 shares, valued at $713,000 in 2018Q3, according to the filing.

Investors sentiment is 0.84 in 2018 Q3. Its the same as in 2018Q2. It has no change, as 42 investors sold AXP shares while 446 reduced holdings. only 109 funds opened positions while 301 raised stakes. 688.76 million shares or 1.08% less from 696.30 million shares in 2018Q2 were reported. Foster Dykema Cabot & Ma holds 0.17% or 9,821 shares. Troy Asset Mgmt Limited holds 7.62% of its portfolio in American Express Company (NYSE:AXP) for 1.52 million shares. 15,514 were reported by Independent Invsts Incorporated. Moreover, Davy Asset Mgmt has 0.62% invested in American Express Company (NYSE:AXP). B Riley Wealth Mgmt Inc stated it has 3,533 shares. Kanawha Cap Ltd Liability Corporation accumulated 13,326 shares. Moors And Cabot Incorporated holds 12,225 shares. Price T Rowe Associate Md owns 1.73M shares for 0.03% of their portfolio. Sigma Counselors holds 0.05% or 3,444 shares in its portfolio. Duncker Streett And reported 0.14% stake. Goldman Sachs Grp holds 0.1% of its portfolio in American Express Company (NYSE:AXP) for 3.50M shares. Wright Invsts Serv holds 55,239 shares or 2.15% of its portfolio. Putnam Fl Invest Mgmt reported 0.04% stake. New York-based Brown Brothers Harriman & has invested 0.03% in American Express Company (NYSE:AXP). Jefferies Group Limited Company owns 31,073 shares.

Since September 4, 2018, it had 0 buys, and 4 insider sales for $6.34 million activity. GORDON MARC D sold $2.80 million worth of American Express Company (NYSE:AXP) on Wednesday, September 12. Squeri Stephen J sold $1.29 million worth of stock.

Among 9 analysts covering Gentex Corp (NASDAQ:GNTX), 2 have Buy rating, 0 Sell and 7 Hold. Therefore 22% are positive. Gentex Corp had 31 analyst reports since October 20, 2015 according to SRatingsIntel. FBR Capital maintained Gentex Corporation (NASDAQ:GNTX) on Wednesday, July 19 with “Buy” rating. FBR Capital maintained the shares of GNTX in report on Thursday, January 11 with “Buy” rating. On Sunday, April 22 the stock rating was maintained by Susquehanna with “Hold”. The stock has “Buy” rating by KeyBanc Capital Markets on Wednesday, August 23. The firm earned “Buy” rating on Monday, March 12 by FBR Capital. The firm earned “Hold” rating on Tuesday, January 23 by Robert W. Baird. On Monday, January 29 the stock rating was maintained by Craig Hallum with “Hold”. Susquehanna maintained the stock with “Hold” rating in Wednesday, March 14 report. The company was maintained on Tuesday, April 24 by JP Morgan. The rating was maintained by FBR Capital on Thursday, February 22 with “Buy”.

Investors sentiment decreased to 0.98 in 2018 Q3. Its down 0.09, from 1.07 in 2018Q2. It is negative, as 34 investors sold GNTX shares while 137 reduced holdings. 50 funds opened positions while 118 raised stakes. 213.83 million shares or 3.48% less from 221.53 million shares in 2018Q2 were reported. Guggenheim Cap Limited Liability Corp reported 106,110 shares. Da Davidson & Co has 17,191 shares. Hendershot Inc invested in 1.84% or 241,945 shares. Sigma Planning holds 0.02% or 15,804 shares. Dekabank Deutsche Girozentrale owns 386,483 shares for 0.05% of their portfolio. Hartline Invest Corp accumulated 0.06% or 12,170 shares. Moreover, State Of Alaska Department Of Revenue has 0.01% invested in Gentex Corporation (NASDAQ:GNTX). Petrus Tru Co Lta has invested 0.05% in Gentex Corporation (NASDAQ:GNTX). Strs Ohio holds 0% in Gentex Corporation (NASDAQ:GNTX) or 21,422 shares. Clearbridge Lc holds 0.03% or 1.52M shares in its portfolio. Pennsylvania-based Janney Capital Management Lc has invested 0.01% in Gentex Corporation (NASDAQ:GNTX). Northwestern Mutual Wealth Mngmt Com has invested 0% in Gentex Corporation (NASDAQ:GNTX). Grp Inc One Trading LP holds 0% or 2,231 shares in its portfolio. Moreover, State Treasurer State Of Michigan has 0.02% invested in Gentex Corporation (NASDAQ:GNTX). Carroll Fincl Assocs Inc holds 0% or 554 shares in its portfolio.

Gentex Corporation (NASDAQ:GNTX) Institutional Positions Chart