Earnings
American Express Company $AXP Stake Raised by Maj Invest Holding A S
Maj Invest Holding A S increased its stake in American Express Company by 19.5% in the second quarter, now owning 375,514 shares valued at $127 million. Other institutional investors also adjusted their positions in AXP, with hedge funds and institutional investors collectively owning 84.33% of the company's stock. American Express recently reported strong quarterly earnings, beating analyst estimates, and declared a quarterly dividend of $0.95.