As American Express Co (AXP) Stock Price Declined, Royal Bank Of Scotland Group Plc Lifted by $607,197 Its Stake; National Retail Properties (NNN) Holder Lasalle Investment Management Securities Has Lowered Holding by $5.92 Million as Stock Rose | The Flecha 123

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July 12, 2018 – By Matthew Medley

National Retail Properties, Inc. (NYSE:NNN) Logo

Royal Bank Of Scotland Group Plc increased its stake in American Express Co (AXP) by 3.02% based on its latest 2018Q1 regulatory filing with the SEC. Royal Bank Of Scotland Group Plc bought 6,529 shares as the company’s stock declined 0.53% with the market. The institutional investor held 222,943 shares of the consumer services company at the end of 2018Q1, valued at $20.80M, up from 216,414 at the end of the previous reported quarter. Royal Bank Of Scotland Group Plc who had been investing in American Express Co for a number of months, seems to be bullish on the $86.29 billion market cap company. The stock increased 0.39% or $0.39 during the last trading session, reaching $100.3. About 3.47 million shares traded. American Express Company (NYSE:AXP) has risen 30.55% since July 12, 2017 and is uptrending. It has outperformed by 17.98% the S&P500. Some Historical AXP News: 18/04/2018 – American Express pops after hours on first-quarter earnings beat; 18/04/2018 – AXP STILL SEES FY ADJ EPS HIGH END OF $6.90 TO $7.30; 18/04/2018 – AmEx profit jumps 31 percent on higher customer spending; 15/05/2018 – American Express U.S. Small Business Card Member Net Write-off Rate, Principal Only, Was 1.9 % for April; 17/05/2018 – American Express Chief Executive Officer to Participate in the Bernstein Strategic Decisions Conference; 28/03/2018 – American Express: Petrino Has Served as Global Head of Operational Risk and Oversight since May 2016; 15/03/2018 – American Express: Feb. 28 U.S. Small Business Net Write-Off Rate 1.7%; 25/05/2018 – American Express Launches Blockchain-Based Rewards Program; 15/05/2018 – American Express USCS Card Member 30 Days Past Due Loans as % of Total Were 1.3 % for April; 15/05/2018 – American Express USCS Card Member Average Loans for April Were $52.9 Billion

Lasalle Investment Management Securities Llc decreased its stake in National Retail Properties Inc (NNN) by 5.49% based on its latest 2018Q1 regulatory filing with the SEC. Lasalle Investment Management Securities Llc sold 151,762 shares as the company’s stock rose 4.98% while stock markets declined. The institutional investor held 2.61M shares of the real estate investment trusts company at the end of 2018Q1, valued at $102.63 million, down from 2.77 million at the end of the previous reported quarter. Lasalle Investment Management Securities Llc who had been investing in National Retail Properties Inc for a number of months, seems to be less bullish one the $6.82 billion market cap company. The stock decreased 0.69% or $0.31 during the last trading session, reaching $44.32. About 708,412 shares traded. National Retail Properties, Inc. (NYSE:NNN) has risen 6.62% since July 12, 2017 and is uptrending. It has underperformed by 5.95% the S&P500. Some Historical NNN News: 01/05/2018 – NATIONAL RETAIL SEES FY CORE FFO/SHR $2.62 TO $2.66, EST. $2.65; 01/05/2018 – Natl Retail Properties Sees 2018 Adj EPS $1.51-Adj EPS $1.55; 01/05/2018 – Natl Retail Properties 1Q EPS 62c; 01/05/2018 – Natl Retail Properties 1Q Rev $152.8M; 17/04/2018 – National Retail Properties President & CEO Jay Whitehurst interviewed by Advisor Access; 01/05/2018 – Natl Retail Properties 1Q FFO 67c/Shr; 16/04/2018 Common Dividend Declared by National Retail Properties, Inc; 01/05/2018 – Natl Retail Properties Sees 2018 Core FFO/Share $2.62 to $2.66; 01/05/2018 – Natl Retail Properties 1Q Net $94.7M; 01/05/2018 – Natl Retail Properties Sees 2018 Adj FFO/Share $2.66 to $2.70

More news for National Retail Properties, Inc. (NYSE:NNN) were recently published by: Nasdaq.com, which released: “Report: Exploring Fundamental Drivers Behind Telecom Argentina, GasLog, National Retail Properties, Appian …” on July 02, 2018. Investorplace.com‘s article titled: “4 REITs to Watch for Dividend Increases in July” and published on June 26, 2018 is yet another important article.

Investors sentiment decreased to 1.21 in Q1 2018. Its down 0.10, from 1.31 in 2017Q4. It turned negative, as 31 investors sold NNN shares while 85 reduced holdings. 34 funds opened positions while 106 raised stakes. 137.00 million shares or 1.55% more from 134.91 million shares in 2017Q4 were reported. Advisors Asset Inc stated it has 16,979 shares or 0.01% of all its holdings. Boulegeris Invs invested in 2.05% or 95,291 shares. The Massachusetts-based Putnam Lc has invested 0% in National Retail Properties, Inc. (NYSE:NNN). Metropolitan Life Ins Comm Ny reported 52,666 shares. Mackay Shields Limited Liability Company has invested 0.02% of its portfolio in National Retail Properties, Inc. (NYSE:NNN). Rhumbline Advisers has invested 0.03% in National Retail Properties, Inc. (NYSE:NNN). 36,490 are held by Hallmark Capital Mngmt. Janney Montgomery Scott has 75,036 shares for 0.03% of their portfolio. Kistler stated it has 457 shares. Wells Fargo And Mn owns 2.15 million shares for 0.03% of their portfolio. 23,807 were reported by Huntington Bancorp. Nomura Asset stated it has 0.05% of its portfolio in National Retail Properties, Inc. (NYSE:NNN). Tompkins Financial reported 1,916 shares. Deutsche Savings Bank Ag stated it has 222,916 shares. Voya Mngmt Ltd Liability Corporation accumulated 40,462 shares or 0% of the stock.

Lasalle Investment Management Securities Llc, which manages about $4.94B US Long portfolio, upped its stake in Regency Centers Corp (NYSE:REG) by 219,545 shares to 2.09M shares, valued at $123.16M in 2018Q1, according to the filing. It also increased its holding in Taubman Centers Inc (NYSE:TCO) by 114,167 shares in the quarter, for a total of 1.82M shares, and has risen its stake in Ventas Inc (NYSE:VTR).

Among 15 analysts covering National Retail Properties (NYSE:NNN), 8 have Buy rating, 0 Sell and 7 Hold. Therefore 53% are positive. National Retail Properties had 31 analyst reports since July 23, 2015 according to SRatingsIntel. On Thursday, November 9 the stock rating was upgraded by UBS to “Neutral”. The firm has “Outperform” rating given on Wednesday, October 12 by FBR Capital. Wunderlich maintained the shares of NNN in report on Friday, November 4 with “Hold” rating. The stock of National Retail Properties, Inc. (NYSE:NNN) has “Buy” rating given on Tuesday, February 13 by Stifel Nicolaus. The firm earned “Outperform” rating on Tuesday, December 15 by Wells Fargo. The stock of National Retail Properties, Inc. (NYSE:NNN) has “Buy” rating given on Sunday, September 24 by Stifel Nicolaus. The rating was maintained by Stifel Nicolaus with “Buy” on Wednesday, December 30. The stock has “Equal-Weight” rating by Morgan Stanley on Monday, May 16. Wunderlich initiated the stock with “Hold” rating in Tuesday, October 27 report. As per Tuesday, February 13, the company rating was maintained by FBR Capital.

Since February 28, 2018, it had 0 buys, and 6 insider sales for $3.45 million activity. $932,421 worth of National Retail Properties, Inc. (NYSE:NNN) shares were sold by HABICHT KEVIN B. The insider WHITEHURST JULIAN E sold 25,690 shares worth $1.02 million. Tessitore Christopher Paul had sold 16,939 shares worth $705,001. $29,213 worth of National Retail Properties, Inc. (NYSE:NNN) was sold by Miller Michelle Lynn.

Analysts await National Retail Properties, Inc. (NYSE:NNN) to report earnings on August, 7. They expect $0.66 earnings per share, up 1.54% or $0.01 from last year’s $0.65 per share. NNN’s profit will be $101.55 million for 16.79 P/E if the $0.66 EPS becomes a reality. After $0.67 actual earnings per share reported by National Retail Properties, Inc. for the previous quarter, Wall Street now forecasts -1.49% negative EPS growth.

More recent American Express Company (NYSE:AXP) news were published by: Fool.com which released: “The Supreme Court Just Handed American Express a Major Victory” on July 04, 2018. Also Fool.com published the news titled: “Why American Express Is Pulling the Plug on This Rewards Program” on June 25, 2018. 247Wallst.com‘s news article titled: “Will Amazon Deal Drive American Express Volume Past Mastercard?” with publication date: June 26, 2018 was also an interesting one.

Royal Bank Of Scotland Group Plc, which manages about $469.93 million US Long portfolio, decreased its stake in Colgate Palmolive Co (NYSE:CL) by 5,940 shares to 21,104 shares, valued at $1.51M in 2018Q1, according to the filing. It also reduced its holding in Jpmorgan Chase & Co (NYSE:JPM) by 3,064 shares in the quarter, leaving it with 400,429 shares, and cut its stake in Monsanto Co New (NYSE:MON).

Among 38 analysts covering American Express Company (NYSE:AXP), 14 have Buy rating, 3 Sell and 21 Hold. Therefore 37% are positive. American Express Company had 125 analyst reports since July 23, 2015 according to SRatingsIntel. The firm has “Sell” rating by Credit Suisse given on Tuesday, December 5. The stock has “Sell” rating by UBS on Friday, January 22. The company was maintained on Thursday, October 19 by Barclays Capital. On Wednesday, August 23 the stock rating was maintained by BMO Capital Markets with “Hold”. Sandler O’Neill maintained American Express Company (NYSE:AXP) rating on Thursday, March 15. Sandler O’Neill has “Buy” rating and $109.0 target. The firm has “Buy” rating given on Friday, August 18 by Keefe Bruyette & Woods. Wells Fargo initiated American Express Company (NYSE:AXP) on Tuesday, October 10 with “Buy” rating. As per Thursday, October 22, the company rating was maintained by Credit Suisse. As per Friday, January 22, the company rating was maintained by Oppenheimer. The stock of American Express Company (NYSE:AXP) earned “Equal-Weight” rating by Morgan Stanley on Thursday, April 21.

Investors sentiment decreased to 0.81 in 2018 Q1. Its down 0.08, from 0.89 in 2017Q4. It worsened, as 52 investors sold AXP shares while 462 reduced holdings. 99 funds opened positions while 318 raised stakes. 695.82 million shares or 0.87% less from 701.90 million shares in 2017Q4 were reported. Van Den Berg Mgmt I holds 0.04% in American Express Company (NYSE:AXP) or 3,715 shares. Ontario – Canada-based Cibc World has invested 0.01% in American Express Company (NYSE:AXP). Millennium Mngmt Ltd Llc holds 0.16% of its portfolio in American Express Company (NYSE:AXP) for 1.26M shares. Sawgrass Asset Mgmt Limited Liability Corporation, Florida-based fund reported 23,934 shares. Synovus Finance holds 0.03% or 16,819 shares. Bridgeway Capital Management reported 543,179 shares or 0.54% of all its holdings. First Interstate Fincl Bank holds 1.83% or 86,971 shares. Rathbone Brothers Public Ltd Company accumulated 0.02% or 5,284 shares. Hilton Cap Limited Liability Com holds 0.21% or 14,220 shares in its portfolio. Hm Payson And Company invested in 118,746 shares or 0.46% of the stock. Beacon Financial Group Incorporated holds 0.26% of its portfolio in American Express Company (NYSE:AXP) for 16,342 shares. Homrich And Berg owns 0.1% invested in American Express Company (NYSE:AXP) for 15,530 shares. Marble Harbor Invest Counsel Ltd Company stated it has 0.15% of its portfolio in American Express Company (NYSE:AXP). 3,134 are owned by Lincoln Natl Corp. 4,305 were reported by Steinberg Global Asset Management.

National Retail Properties, Inc. (NYSE:NNN) Institutional Positions Chart

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