As Cornerstone Ondemand (CSOD) Share Price Rose, Barclays Plc Has Upped Holding; American Express (AXP) Shareholder Willis Investment Counsel Has Trimmed Its Position

May 18, 2018 - By Vivian Currie

American Express Company (NYSE:AXP) Logo

Barclays Plc increased its stake in Cornerstone Ondemand Inc (CSOD) by 108.2% based on its latest 2017Q4 regulatory filing with the SEC. Barclays Plc bought 17,744 shares as the company’s stock rose 10.52% while stock markets declined. The institutional investor held 34,144 shares of the technology company at the end of 2017Q4, valued at $1.21M, up from 16,400 at the end of the previous reported quarter. Barclays Plc who had been investing in Cornerstone Ondemand Inc for a number of months, seems to be bullish on the $2.79 billion market cap company. The stock increased 1.11% or $0.53 during the last trading session, reaching $48.34. About 282,686 shares traded. Cornerstone OnDemand, Inc. (NASDAQ:CSOD) has declined 1.02% since May 18, 2017 and is downtrending. It has underperformed by 12.57% the S&P500.

Willis Investment Counsel decreased its stake in American Express (AXP) by 26.45% based on its latest 2017Q4 regulatory filing with the SEC. Willis Investment Counsel sold 25,990 shares as the company’s stock declined 7.41% with the market. The institutional investor held 72,265 shares of the consumer services company at the end of 2017Q4, valued at $7.18M, down from 98,255 at the end of the previous reported quarter. Willis Investment Counsel who had been investing in American Express for a number of months, seems to be less bullish one the $86.89 billion market cap company. The stock decreased 0.23% or $0.23 during the last trading session, reaching $100.99. About 693,071 shares traded. American Express Company (NYSE:AXP) has risen 17.81% since May 18, 2017 and is uptrending. It has outperformed by 6.26% the S&P500.

Among 20 analysts covering Cornerstone OnDemand (NASDAQ:CSOD), 10 have Buy rating, 1 Sell and 9 Hold. Therefore 50% are positive. Cornerstone OnDemand had 58 analyst reports since August 5, 2015 according to SRatingsIntel. Barclays Capital downgraded the shares of CSOD in report on Tuesday, June 20 to “Underweight” rating. The company was maintained on Wednesday, February 14 by JP Morgan. On Wednesday, November 8 the stock rating was upgraded by JP Morgan to “Neutral”. The stock of Cornerstone OnDemand, Inc. (NASDAQ:CSOD) earned “Hold” rating by KeyBanc Capital Markets on Monday, October 16. The rating was maintained by Needham with “Strong Buy” on Thursday, July 30. The company was upgraded on Friday, July 14 by Needham. As per Friday, July 1, the company rating was initiated by First Analysis. B. Riley & Co maintained it with “Buy” rating and $46 target in Friday, November 10 report. The rating was maintained by FBR Capital on Wednesday, December 6 with “Buy”. On Thursday, November 9 the stock rating was downgraded by PiperJaffray to “Neutral”.

Since December 15, 2017, it had 0 insider purchases, and 21 sales for $7.29 million activity. Baker R C Mark sold 3,000 shares worth $104,430. Weiss Adam J. had sold 4,000 shares worth $181,200 on Thursday, March 15. Another trade for 13,835 shares valued at $622,935 was sold by Goldin Mark. Helvey Kirsten Maas sold $116,785 worth of Cornerstone OnDemand, Inc. (NASDAQ:CSOD) on Tuesday, March 6. Shares for $301,629 were sold by Carter David Joseph on Tuesday, March 6. $712,775 worth of Cornerstone OnDemand, Inc. (NASDAQ:CSOD) was sold by Swartz Brian L.

Investors sentiment decreased to 1.01 in Q4 2017. Its down 0.27, from 1.28 in 2017Q3. It worsened, as 26 investors sold CSOD shares while 46 reduced holdings. 26 funds opened positions while 47 raised stakes. 49.44 million shares or 5.00% less from 52.04 million shares in 2017Q3 were reported. Eagle Asset Management Inc has 0.41% invested in Cornerstone OnDemand, Inc. (NASDAQ:CSOD) for 2.11 million shares. Keybank Association Oh holds 0% or 12,339 shares. Glob Endowment Management LP holds 0.12% of its portfolio in Cornerstone OnDemand, Inc. (NASDAQ:CSOD) for 22,940 shares. Cap Fund Management holds 106,638 shares. 276,170 are owned by Jacobs Levy Equity Mngmt. 49,576 were accumulated by Invesco. Barclays Public Limited Company accumulated 34,144 shares or 0% of the stock. Falcon Point Cap Limited Co invested in 351,767 shares or 2.1% of the stock. Wasatch Advisors has 65,988 shares. 50,434 were reported by Profund Advsr Ltd Liability Corporation. Federated Pa has 0% invested in Cornerstone OnDemand, Inc. (NASDAQ:CSOD). State Board Of Administration Of Florida Retirement Sys reported 37,573 shares. Praesidium Invest Management Lc, a New York-based fund reported 2.95M shares. Washington-based Washington Mgmt has invested 0.4% in Cornerstone OnDemand, Inc. (NASDAQ:CSOD). Los Angeles Cap Mngmt And Equity Rech accumulated 72,781 shares.

Barclays Plc, which manages about $122.49B US Long portfolio, decreased its stake in Proshares Tr (Call) by 46,525 shares to 13,725 shares, valued at $563,000 in 2017Q4, according to the filing. It also reduced its holding in Aerojet Rocketdyne Hldgs Inc (Put) by 35,300 shares in the quarter, leaving it with 16,900 shares, and cut its stake in Clovis Oncology Inc (Put) (NASDAQ:CLVS).

More recent Cornerstone OnDemand, Inc. (NASDAQ:CSOD) news were published by: Globenewswire.com which released: “Market Trends Toward New Normal in The AES, Immune Pharmaceuticals, Hercules Capital, Zendesk, Chevron, and …” on May 07, 2018. Also Seekingalpha.com published the news titled: “Cornerstone OnDemand’s (CSOD) CEO Adam Miller on Q1 2018 Results – Earnings Call Transcript” on May 12, 2018. Seekingalpha.com‘s news article titled: “Cornerstone: Turning The Ship Around” with publication date: May 14, 2018 was also an interesting one.

Among 38 analysts covering American Express Company (NYSE:AXP), 13 have Buy rating, 3 Sell and 22 Hold. Therefore 34% are positive. American Express Company had 123 analyst reports since July 23, 2015 according to SRatingsIntel. The firm has “Sell” rating given on Tuesday, December 5 by Credit Suisse. The rating was maintained by Goldman Sachs on Thursday, April 21 with “Neutral”. The rating was initiated by UBS with “Buy” on Tuesday, March 27. On Thursday, April 27 the stock rating was upgraded by Instinet to “Neutral”. The rating was maintained by RBC Capital Markets on Friday, January 22 with “Underperform”. Morgan Stanley maintained it with “Equal-Weight” rating and $109 target in Friday, February 2 report. As per Friday, July 14, the company rating was maintained by Keefe Bruyette & Woods. The firm earned “Hold” rating on Monday, September 14 by S&P Research. Morgan Stanley maintained the stock with “Equal-Weight” rating in Friday, September 8 report. The firm has “Hold” rating given on Tuesday, May 30 by Jefferies.

Investors sentiment increased to 0.89 in Q4 2017. Its up 0.06, from 0.83 in 2017Q3. It increased, as 42 investors sold AXP shares while 442 reduced holdings. 122 funds opened positions while 311 raised stakes. 701.90 million shares or 1.01% less from 709.03 million shares in 2017Q3 were reported. 2,167 were reported by Arvest National Bank Division. 18,947 were accumulated by Advisor Prtnrs Ltd Limited Liability Company. Royal Bancshares Of Canada owns 1.18M shares for 0.05% of their portfolio. Boston Advsr Ltd Co invested in 2,236 shares or 0% of the stock. Spinnaker Tru accumulated 0.05% or 4,536 shares. Boston Prtnrs has invested 0.1% in American Express Company (NYSE:AXP). Vantage Inv Advsr Lc accumulated 0.14% or 6,317 shares. Bennicas And Assoc has 1.65% invested in American Express Company (NYSE:AXP). The Korea-based Natl Pension has invested 0.32% in American Express Company (NYSE:AXP). Btr Capital Mgmt accumulated 4,410 shares or 0.09% of the stock. Fiduciary Tru owns 120,913 shares for 0.36% of their portfolio. The New Jersey-based Murphy Capital Mgmt has invested 0.3% in American Express Company (NYSE:AXP). Bartlett Company Ltd Liability Company stated it has 0.24% in American Express Company (NYSE:AXP). Exxonmobil Invest Mgmt Tx holds 0.31% or 114,553 shares in its portfolio. Telemus Cap Limited holds 0.05% or 6,751 shares in its portfolio.

Analysts await American Express Company (NYSE:AXP) to report earnings on July, 18. They expect $1.82 earnings per share, up 23.81% or $0.35 from last year’s $1.47 per share. AXP’s profit will be $1.57B for 13.87 P/E if the $1.82 EPS becomes a reality. After $1.86 actual earnings per share reported by American Express Company for the previous quarter, Wall Street now forecasts -2.15% negative EPS growth.

More important recent American Express Company (NYSE:AXP) news were published by: Seekingalpha.com which released: “How Far Could American Express Fall?” on May 02, 2018, also Seekingalpha.com published article titled: “American Express Is Firing On All Cylinders”, Benzinga.com published: “Warren Buffett Pushing More Cash To Equities; ‘Big 5’ Stocks Still At The Top” on May 16, 2018. More interesting news about American Express Company (NYSE:AXP) was released by: Livetradingnews.com and their article: “American Express Company (NYSE:AXP) Heffx Technical Review” with publication date: April 30, 2018.

Willis Investment Counsel, which manages about $1.45 billion and $1.42B US Long portfolio, upped its stake in Ca Inc (NASDAQ:CA) by 9,900 shares to 491,100 shares, valued at $16.34M in 2017Q4, according to the filing. It also increased its holding in Automatic Data Proc (NASDAQ:ADP) by 3,600 shares in the quarter, for a total of 61,200 shares, and has risen its stake in Philip Morris Intl Inc (NYSE:PM).

Cornerstone OnDemand, Inc. (NASDAQ:CSOD) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By1 Vivian Currie

Automatic Stock Updates

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: