Seatown Holdings Pte. Ltd. Cuts Holdings in Amazon.com, Inc

Marco Green
January 13, 2018

Brigade Capital Management Lp sold 107,500 shares as the company's stock declined 23.17% while stock markets rallied. Capital Research Global Investors now owns 10,711,772 shares of the e-commerce giant's stock worth $10,368,995,000 after purchasing an additional 40,068 shares in the last quarter. Eastern Bank who had been investing in Amazon.Com Inc for a number of months, seems to be bullish on the $628.40B market cap company. The stock has been active on the tape, now trading at $1276.68, up from yesterday's close by 1.78%.

Amazon.com, Inc. shares rose $5.67 (+0.45%) in premarket trading Thursday.

Anchor Capital Advisors LLC continued to hold its position in Amazon.com, Inc. It has outperformed by 20.71% the S&P500.

Argent Trust Company, which manages about $253.54M US Long portfolio, decreased its stake in Vanguard S&P 500 Etf (Mkt) (VOO) by 1,438 shares to 24,696 shares, valued at $5.70M in 2017Q3, according to the filing. The stock decreased 0.08% or $0.03 during the last trading session, reaching $36.53. About 414,317 shares traded or 17.18% up from the average. Check Point Software Technologies Ltd. (NASDAQ:CHKP) has risen 31.64% since January 12, 2017 and is uptrending. It has outperformed by 0.95% the S&P500.

Since August 3, 2017, it had 0 insider buys, and 9 insider sales for $16.47 million activity. 2,077 shares were sold by Blackburn Jeffrey M, worth $2.05 million on Tuesday, August 15.

Investors sentiment decreased to 1.26 in 2017 Q3. Its down 0.10, from 1.36 in 2017Q2. Point72 Asset Management L.P. now owns 666,620 shares of the e-commerce giant's stock worth $477,047,000 after buying an additional 461,020 shares during the period. Highland Capital Management Limited Liability invested in 5,850 shares. Yorktown Mgmt And Co reported 37,000 shares or 0.53% of all its holdings. Raymond James & Assocs has 69,717 shares. (NASDAQ:AMZN). Kistler holds 422 shares or 0.17% of its portfolio. Royal Bank of Canada set a $1,100.00 target price on shares of Amazon.com and gave the stock a buy rating in a research report on Monday, September 11th. Dynamic Advsr Solutions Lc has 22,708 shares. It also reduced its holding in Mednax Inc (NYSE:MD) by 37,806 shares in the quarter, leaving it with 590,513 shares, and cut its stake in Cooper Cos Inc (NYSE:COO). (NYSE:WST) for 210 shares. Andra Ap holds 0.23% or 10,000 shares in its portfolio. Arizona State Retirement System has 99,921 shares. Pictet Asset Mngmt invested in 0.65% or 1.75 million shares. Dowling And Yahnke Limited Company accumulated 0.91% or 162,816 shares. Davenport & Ltd has 1.40M shares for 2.3% of their portfolio. United Continental Holdings, Inc. It has a 52.58 P/E ratio. Four analysts have rated the stock with a hold rating and fifty-one have given a buy rating to the company. Therefore 43% are positive.

Analysts await Johnson & Johnson (NYSE:JNJ) to report earnings on January, 23. (NASDAQ:AMZN) news were published by: Investorplace.com which released: "Amazon.com, Inc". The firm has "Buy" rating by Seaport Global given on Wednesday, November 23. Robert W. Baird reaffirmed an "outperform" rating and issued a $850.00 price target on shares of Amazon.com in a research note on Wednesday, October 12th. Jefferies maintained the shares of WST in report on Thursday, July 27 with "Hold" rating. The firm has "Buy" rating by Keefe Bruyette & Woods given on Friday, August 25. The firm has "Buy" rating given on Friday, February 3 by Mizuho. The rating was maintained by Piper Jaffray on Friday, September 4 with "Buy".

Investors sentiment decreased to 1.26 in Q3 2017. Its down 0.15, from 0.88 in 2017Q2.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in AMZN. Whitnell & Co. raised its position in shares of Amazon.com by 581.3% during the 3rd quarter. 279.77 million shares or 1.91% less from 285.20 million shares in 2017Q2 were reported. Evermay Wealth Mgmt Ltd Liability Corporation reported 2,417 shares. Grandfield & Dodd Llc invested in 418 shares. Salient Tru Lta reported 167,295 shares. Moody Retail Bank Division invested in 0.1% or 2,024 shares. Barclays reissued an overweight rating and issued a $1,150.00 target price on shares of Amazon.com in a research report on Tuesday, September 12th. (NASDAQ:AMZN) or 544 shares. Buckingham Asset Management reported 0.6% of its portfolio in Amazon.com, Inc.

Amazon.com, Inc. has a one year low of $789.51 and a one year high of $1,276.77. (NASDAQ:AMZN). Concorde Asset Management Ltd Liability Corporation holds 0.72% or 866 shares in its portfolio. Levin Capital Strategies Limited Partnership holds 1,580 shares. Sfe Investment Counsel, a California-based fund reported 1,501 shares. BlackRock Inc. boosted its position in shares of Amazon.com by 2.4% during the second quarter. Venturi Wealth Management LLC grew its position in shares of Amazon.com by 0.3% in the second quarter.

In recent action, Amazon.com, Inc. Finally, Vetr upgraded shares of Amazon.com from a "hold" rating to a "buy" rating and set a $1,204.70 target price for the company in a research report on Tuesday, December 5th.

Ratings analysis reveals 94% of Amazon.com's analysts are positive. The business's revenue for the quarter was up 33.7% on a year-over-year basis. sell-side analysts anticipate that Amazon.com will post 4.24 EPS for the current fiscal year. The firm has "Buy" rating given on Friday, April 29 by Goldman Sachs. The firm has "Buy" rating by Aegis Capital given on Friday, October 27. The rating was maintained by Morgan Stanley with "Equal-Weight" on Thursday, August 18. The rating was maintained by Canaccord Genuity with "Buy" on Monday, October 23. BMO Capital Markets maintained the stock with "Buy" rating in Tuesday, November 21 report.

More notable recent Amazon.com, Inc. Amazon.com now has a consensus rating of "Buy" and a consensus target price of $929.51. The rating was initiated by Credit Suisse on Friday, March 11 with "Outperform". As per Tuesday, January 3, the company rating was reinitiated by Piper Jaffray. KeyBanc Capital Markets maintained the stock with "Hold" rating in Wednesday, July 12 report. The company was maintained on Wednesday, January 3 by Cowen & Co.

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