Stocks
American Express Attracts Significant Investment from Institutional Investors
American Express Company (NYSE: AXP) continues to attract significant investment from institutional investors. Foyston Gordon & Payne Inc, a financial services company, recently acquired 42,942 shares of American Express stock in the second quarter, valued at approximately $14,611,000.
This acquisition accounts for 3.1% of Foyston Gordon & Payne's investment portfolio and makes American Express its 8th largest holding.
A number of other hedge funds also recently modified their holdings of American Express during the second quarter, including Flputnam Investment Management Co., Keybank National Association OH, Swiss Life Asset Management Ltd, Peapack Gladstone Financial Corp, and Thames Capital Management LLC.