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Provident Trust Co. Lowers Stake in American Express Company $AXP
Provident Trust Co. reduced its stake in American Express (AXP) by 4.3% in Q4, now holding 1.07 million shares valued at approximately $398.7 million, making it their 8th largest holding. This comes as American Express reported an EPS beat but a revenue miss, and raised its quarterly dividend to $0.95. Insider selling of AXP shares has also been noted over the past 90 days.