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flag Orion Portfolio Solutions cuts American Express holdings, but company reports strong Q4 earnings and raises dividend.

flag Orion Portfolio Solutions LLC reduced its holdings in American Express (AXP) by 13.8% to 67,517 shares, valued at $20,038,000. flag American Express reported a strong fourth quarter with earnings per share of $3.04, surpassing analysts' estimates of $3.00. flag The company also announced a quarterly dividend of $0.82 per share, payable on May 9th. flag American Express has a market cap of $191.19 billion and a PE ratio of 19.43.

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