Amazon.com, Inc. (NASDAQ:AMZN) Position Reduced by Westpac Banking Corp

Adjust Comment Print

Investors who are keeping close eye on the stock of Amazon.com, Inc. The stock increased 0.61% or $0.53 during the last trading session, reaching $86.94. The shares were sold at an average price of $1,109.20, for a total value of $2,063,112.00. It has underperformed by 25.94% the S&P500.

Deepak Gulati increased its stake in Amazon.Com Inc (AMZN) by 54.11% based on its latest 2017Q3 regulatory filing with the SEC. Finally, TIAA CREF Investment Management LLC boosted its position in shares of Amazon.com by 1.7% during the 2nd quarter. The hedge fund run by Glen Kacher held 55,000 shares of the consumer services company at the end of 2017Q3, valued at $52.87M, down from 57,500 at the end of the previous reported quarter. Gamble Jones Investment Counsel who had been investing in Amazon Com Inc for a number of months, seems to be bullish on the $623.82B market cap company. The stock increased 0.21% or $2.71 during the last trading session, reaching $1296.03. The shares were sold at an average price of $1,125.38, for a total transaction of $2,233,879.30.

Amazon.com, Inc. (NASDAQ:AMZN) plunged -0.13% with the closing price of $1293.32. It has outperformed by 20.71% the S&P500. Stifel Nicolaus restated a "buy" rating and issued a $1,100.00 price objective on shares of Amazon.com in a report on Tuesday, October 24th. The stock has "Hold" rating by Canaccord Genuity on Friday, October 23. The firm earned "Buy" rating on Monday, October 16 by Loop Capital Markets. The rating was maintained by Robert W. Baird with "Buy" on Monday, September 11. The firm earned "Buy" rating on Friday, January 29 by UBS. As per Tuesday, January 3, the company rating was downgraded by Bank of America. Credit Suisse has "Buy" rating and $1350.0 target. The stock of Devon Energy Corporation (NYSE:DVN) has "Buy" rating given on Thursday, July 20 by RBC Capital Markets. The stock of U.S. Bancorp (NYSE:USB) has "Underweight" rating given on Thursday, October 19 by Morgan Stanley. Morgan Stanley has "Overweight" rating and $160 target. It also reduced its holding in Ishares Tr (EEM) by 10,363 shares in the quarter, leaving it with 717,515 shares, and cut its stake in Ishares Tr (LQD).

Investors sentiment decreased to 1 in Q3 2017. Its up 0.01, from 0.88 in 2017Q2. It is negative, as 61 investors sold USB shares while 441 reduced holdings. 109 funds opened positions while 414 raised stakes. Los Angeles Management And Equity Research reported 96,737 shares. Ccm Inv Advisers invested 1.78% in Johnson & Johnson (NYSE:JNJ). Capital Research Global Investors now owns 10,711,772 shares of the e-commerce giant's stock worth $10,368,995,000 after acquiring an additional 40,068 shares in the last quarter. (NASDAQ:AMZN) has "Outperform" rating given on Friday, September 16 by RBC Capital Markets. Jarislowsky Fraser Ltd stated it has 132,441 shares. Arete Wealth Advsrs Limited Company has 2,892 shares for 1.11% of their portfolio. (NASDAQ:AMZN). Shelton Capital invested in 28,220 shares. Highbridge Mgmt Lc holds 19,059 shares or 0.01% of its portfolio. Cetera Advisors Ltd Liability owns 13,034 shares for 0.04% of their portfolio. 300 were accumulated by Goodwin Daniel L. Chemung Canal Tru Co owns 8,971 shares or 1.96% of their USA portfolio. Eulav Asset has invested 0.12% in Medtronic plc (NYSE:MDT). Panagora Asset Management owns 20,960 shares for 0% of their portfolio. Goldman Sachs Gru Incorporated accumulated 6.81M shares or 0.13% of the stock. Therefore 94% are positive. Atlantic Securities reiterated a "buy" rating on shares of Amazon.com in a research report on Friday. Four research analysts have rated the stock with a hold rating, fifty have assigned a buy rating and one has assigned a strong buy rating to the company's stock.

Rosenbaum Jay D. bought a new stake in Amazon.com, Inc. (NASDAQ:AMZN). 989,110 are owned by Clearbridge Investments. On Tuesday, December 1 the stock rating was maintained by Barclays Capital with "Overweight". The stock has "Buy" rating by Jefferies on Friday, September 25. Finally, Mountain Capital Investment Advisors Inc bought a new position in shares of Amazon.com during the second quarter valued at about $121,000. The company now has an average rating of "Buy" and an average target price of $1,278.33. Moreover, Valicenti Advisory Services has 5.93% invested in Amazon.com, Inc. (NASDAQ:AMZN) for 16,106 shares.

Among 23 analysts covering Johnson & Johnson (NYSE:JNJ), 12 have Buy rating, 5 Sell and 6 Hold. (NASDAQ:AMZN) on Monday, August 21. (AMZN) opened at $1,294.58 on Friday. (NASDAQ:AMZN) has "Buy" rating given on Friday, October 27 by Aegis Capital.

Since August 3, 2017, it had 0 buys, and 9 sales for $16.47 million activity. Also, CEO Jeffrey P. Bezos sold 391,110 shares of Amazon.com stock in a transaction dated Wednesday, November 1st. 2,334 shares were sold by Zapolsky David, worth $2.30M. Insiders have sold 402,338 shares of company stock valued at $444,391,701 in the last three months.

Setback for Arvind Kejriwal: President Kovind approves disqualification of 20 AAP MLAs
The ruling AAP has a massive majority in the Delhi Assembly with 67 out of 70 seats. The AAP said it would move the high court and Supreme Court if necessary.

Investors sentiment decreased to 1.26 in Q3 2017. The company has a quick ratio of 0.74, a current ratio of 1.03 and a debt-to-equity ratio of 1.00. Thompson Siegel & Walmsley LLC raised its stake in Amazon.com by 620.5% in the fourth quarter. The e-commerce giant reported $0.52 earnings per share for the quarter, missing analysts' consensus estimates of $1.09 by ($0.57). Arizona State Retirement invested 0.22% of its portfolio in NIKE, Inc. 5,035 were reported by Laurel Grove Cap Limited Liability Com.

Amazon.com, Inc. has a 52-week low of $710.10 and a 52-week high of $1,083.31. (NASDAQ:AMZN). Stockbridge Lc holds 6.2% or 128,001 shares in its portfolio. Conatus Limited Partnership has 14,813 shares. Mawer Invest Mngmt Limited has 1.55% invested in Johnson & Johnson (NYSE:JNJ) for 1.40 million shares. Central Securities holds 13,000 shares or 2.14% of its portfolio. During the same period in the prior year, the firm posted $0.52 EPS. research analysts expect that Amazon.com, Inc. will post 4.24 EPS for the current year. Terril Brothers Incorporated holds 11,650 shares. Watch Point Trust Co's holdings in Amazon.com were worth $466,000 at the end of the most recent quarter. (NASDAQ:AMZN). Wasatch holds 792 shares. Verition Fund Llc invested in 408 shares or 0.03% of the stock.

Analysts await Johnson & Johnson (NYSE:JNJ) to report earnings on January, 23.

While looking at the Stock's Performance, Amazon.com, Inc. now shows a Weekly Performance of 3.38%, where Monthly Performance is 10.28%, Quarterly performance is 28.68%, 6 Months performance is 26.41% and yearly performance percentage is 59.93%. (NASDAQ:AMZN) for 117,777 shares. Cap Ww Investors holds 3.19% in Amazon.com, Inc.

Spectrum Management Group Inc, which manages about $448.94 million and $307.60 million US Long portfolio, upped its stake in Johnson & Johnson (NYSE:JNJ) by 17,407 shares to 30,882 shares, valued at $4.02 million in 2017Q3, according to the filing.

Echostar Corporation-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.

Comments