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Royal London Cuts Stake in American Express

Guavy AI Editorial Team
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AXP
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Royal London Asset Management Ltd. has reduced its stake in American Express Company by 1.4% to 248,094 shares as of the second quarter.

The value of Royal London's holdings in American Express is $83.92 million, according to their most recent 13F filing with the Securities and Exchange Commission.

This change reflects a decrease in investment by Royal London Asset Management Ltd. in American Express, which reported earnings per share of $4.53 for the quarter, beating analysts' estimates of $4.41.

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