Public Employees Retirement System of Ohio Sells Stake in American Express

American Express Company (NYSE: AXP) has been sold 15,067 shares by Public Employees Retirement System of Ohio. This sale represents a 6.8% reduction in the fund's holdings in American Express during the second quarter.

The Public Employees Retirement System of Ohio currently owns 205,897 shares of American Express stock, which are valued at approximately $69,645,000 as of the end of the most recent quarter.

American Express reported its quarterly earnings on July 24th, exceeding analysts' estimates with a profit of $4.53 per share. The company's revenue for the quarter was up 10% from the same period last year, reaching $19.64 billion.