The Amazon.com's (AMZN) "Outperform" Rating Reiterated at Royal Bank of Canada

Lawrence Kim
November 22, 2017

At Amazon.com, Inc. (AMZN), the percentage of institutional ownership is now at 60.83% percent of its total shares outstanding, with the total value of institutional ownership at $331.2 billion. During the same quarter last year, the firm earned $0.52 EPS. research analysts predict that Amazon.com, Inc. will post 4.24 earnings per share for the current year. Following the transaction, the chief executive officer now owns 79,891,433 shares in the company, valued at approximately $88,162,593,058.49.

Amazon.com, Inc. has been given an analysts' mean target of 1220.74.

The stock decreased 0.43% or $0.05 on November 21, reaching $11.65. The shares were sold at an average price of $1,103.53, for a total transaction of $431,601,618.30.

Shares of Amazon.com (NASDAQ AMZN) opened at $1,126.31 on Monday. It has outperformed by 20.71% the S&P500. (NASDAQ:AMZN). Afam Cap Inc holds 0.06% of its portfolio in Amazon.com, Inc. Therefore 94% are positive.

As of now, the increased share price of Amazon.com, Inc. makes it a lucrative buy for investors. The firm earned "Buy" rating on Friday, January 29 by UBS. Finally, Loop Capital set a $1,300.00 price target on shares of Amazon.com and gave the stock a "buy" rating in a research note on Monday, November 13th. Amazon.com had a net margin of 1.20% and a return on equity of 8.67%. (NASDAQ:AMZN) rating on Friday, January 20. Bremer Tru Natl Association has 0.49% invested in Amazon.com, Inc. (NASDAQ:AMZN) on Friday, August 28 with "Outperform" rating. (NASDAQ:AMZN) rating on Friday, July 24. About 5.73M shares traded. Mizuho maintained it with "Buy" rating and $920 target in Friday, October 28 report. Baird reaffirmed an outperform rating and issued a $850.00 price objective on shares of Amazon.com in a report on Wednesday, December 21st. Sheets Smith Wealth Mgmt holds 3,349 shares or 0.86% of its portfolio. This defines the most likely future of the stock price of Amazon.com, Inc. (NASDAQ:AMZN) were released by: Investorplace.com and their article: "Amazon.com, Inc. Already Bailing on Bundled Video Plans?" on November 15, 2017.

In other Amazon.com news, VP Shelley Reynolds sold 544 shares of the firm's stock in a transaction dated Wednesday, November 15th. The Pennsylvania-based Penn Capital Management Co Inc has invested 1.12% in the stock. "Stock Is No "Sure Thing" â€" but It's Close" published on November 20, 2017 as well as Seekingalpha.com's news article titled: "Who Is Afraid Of Big Bad Amazon?" with publication date: "November 16, 2017.

Investors sentiment decreased to 1.36 in 2017 Q2. The company has a current ratio of 1.03, a quick ratio of 0.74 and a debt-to-equity ratio of 1.00. (NASDAQ:AMZN). Tompkins Fincl Corporation invested in 0.4% or 1,657 shares.

Institutional ownership refers to the ownership stake in a company that is held by large financial organizations, pension funds or endowments.

Several analysts have issued reports on AMZN shares. Penobscot Invest Inc holds 590 shares. United State Bank Va reported 0.21% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN) for 2,330 shares. Dodge Cox accumulated 0% or 880 shares. (NASDAQ:AMZN). Clearbridge Limited Liability Company reported 2.33% stake. Parsec Financial Management Inc. now owns 941 shares of the e-commerce giant's stock worth $788,000 after buying an additional 124 shares during the period. Barclays Capital maintained Amazon.com, Inc. The Virginia-based Dixon Hubard Feinour & Brown Inc Va has invested 0.07% in Amazon.com, Inc. (NASDAQ:AMZN) for 2,155 shares. SeaBridge Investment Advisors LLC grew its stake in Amazon.com by 0.4% during the 2nd quarter. (NASDAQ:AMZN). 12,113 were accumulated by Ashfield Prtn Ltd Limited Liability Company. (NASDAQ:AMZN). Kentucky Retirement reported 1.85% in Amazon.com, Inc. (NASDAQ:AMZN) for 880 shares. After $0.52 actual earnings per share reported by Amazon.com, Inc. for the previous quarter, Wall Street now forecasts 276.92% EPS growth. (NASDAQ:AMZN) for 959 shares.

A total of 2.15 Billion shares exchanged at hands and its average trading volume is standing at 3.31 Million shares. Probity Advisors Inc. now owns 320 shares of the e-commerce giant's stock valued at $310,000 after purchasing an additional 2 shares during the last quarter. Its up 0.30, from 0.87 in 2017Q1. Country Club Trust Na invested in 679 shares or 0.1% of the stock. 50 funds opened positions while 129 raised stakes. They expect $0.22 earnings per share, up 414.29% or $0.29 from last year's $-0.07 per share. Meag Munich Ergo Kapitalanlagegesellschaft Mbh holds 43,880 shares. Mitchell Mcleod Pugh Williams, a Alabama-based fund reported 1,456 shares. Hsbc Public Ltd Liability Com holds 0.08% or 167,161 shares. Brown Advisory Inc reported 646,200 shares stake. The California-based Philadelphia Financial Management Of San Francisco Llc has invested 1.35% in the stock. Scott And Selber Incorporated holds 5,787 shares or 3.38% of its portfolio.

NGL Energy Partners LP owns and operates a vertically integrated energy business. Rnc Cap Ltd has 461 shares for 0.03% of their portfolio. ALBERG TOM A also sold $800,000 worth of Amazon.com, Inc. Sears Janice L. sold $761,760 worth of stock.

Ratings analysis reveals 78% of Yelp's analysts are positive. SunTrust maintained the stock with "Neutral" rating in Friday, July 24 report. The company was downgraded on Wednesday, August 9 by Raymond James. The firm earned "Market Outperform" rating on Friday, October 23 by JMP Securities. Evercore downgraded the shares of ESS in report on Friday, July 15 to "Hold" rating.

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