Amazon.com (AMZN) Upgraded to "Strong-Buy" at Zacks Investment Research

Marco Green
April 21, 2018

The stock decreased 1.64% or $0.26 during the last trading session, reaching $15.59. About 36.52M shares traded. HRG Group, Inc. (NYSE:HRG) has declined 24.44% since April 21, 2017 and is downtrending. It has outperformed by 65.23% the S&P500.

Investors sentiment decreased to 0.81 in Q4 2017. The company has a current ratio of 1.04, a quick ratio of 0.76 and a debt-to-equity ratio of 0.89. Also, the number of funds holding City Holding Co in top ten positions was flat from 1 to 1 for the same number.

Among 54 analysts covering Amazon.com (NASDAQ:AMZN), 50 have Buy rating, 0 Sell and 4 Hold. Therefore 64% are positive. (NASDAQ:AMZN) has 76 ratings reports on 21 April 2018 according to StockzIntelligence. The company was maintained on Friday, February 2 by Barclays Capital. (NASDAQ:AMZN) rating. Canaccord Genuity has "Buy" rating and $1250 target. (NASDAQ:AMZN) has "Buy" rating given on Friday, October 27 by RBC Capital Markets. Monness Crespi & Hardt maintained the stock with "Buy" rating in Friday, October 23 report. Credit Suisse Group restated an "outperform" rating and issued a $1,800.00 target price (up from $1,750.00) on shares of Amazon.com in a research note on Friday. (NASDAQ:AMZN) to report earnings on April, 26 after the close. (NASDAQ:AMZN) has "Buy" rating given by Jefferies. The rating was maintained by KeyBanc Capital Markets with "Hold" on Monday, August 28. The company presently has an average rating of "Buy" and an average target price of $1,507.08. The firm earned "Buy" rating on Friday, October 27 by Wells Fargo.

During Q4 2017 the big money sentiment increased to 1.29. Its down 0.05, from 0.86 in 2017Q3. The ratio improved due to AMZN positioning: 69 sold and 578 reduced. Davidson & Garrard Inc. raised its position in shares of Amazon.com by 17.6% in the third quarter. 280.02 million shares or 0.09% more from 279.77 million shares in 2017Q3 were reported. Teachers Retirement Sys Of The State Of Kentucky stated it has 0.3% of its portfolio in Micron Technology, Inc. Bessemer Gru has 466,064 shares for 2.12% of their portfolio. Great West Life Assurance Can reported 0.91% in Amazon.com, Inc. (NASDAQ:MU). Wafra Inv Advisory New York has 339,209 shares. Calamos Advsr Limited Liability has invested 1.11% in Amazon.com, Inc. (NASDAQ:AMZN). Cypress Capital Limited (Wy) reported 470 shares stake. 5,000 were reported by Marathon Cap Management. Fil Ltd accumulated 66,345 shs. Loring Wolcott Coolidge Fiduciary Advsrs Ltd Liability Partnership Ma has 0.14% invested in Amazon.com, Inc. Intersect Capital Ltd Com, California-based fund reported 503 shares. Capital Research Global Investors now owns 10,711,772 shares of the e-commerce giant's stock valued at $10,368,995,000 after purchasing an additional 40,068 shares in the last quarter. 6,112 were accumulated by Northeast Fin Consultants Incorporated. Scge Management Lp who had been investing in Amazon Com Inc for a number of months, seems to be bullish on the $739.47B market cap company. (NASDAQ:AMZN). 1.52 million were accumulated by Manufacturers Life Insurance The. Howe And Rusling holds 22 shares or 0% of its portfolio. Guggenheim maintained Amazon.com, Inc. (NASDAQ:AMZN) shares. 1,985 Amazon.com, Inc.

Brown Brothers Harriman & Co decreased Unilever N V (NYSE:UN) stake by 542,325 shares to 6.22M valued at $350.56M in 2017Q4. Dt Investment Prtn Lc owns 355 shares. Celanese Corp (NYSE:CE) was reduced too.

AMZN registered $45.88 million net activity with 0 insider buys and 13 sales since December 7, 2017. Shares for $3.42 million were sold by Olsavsky Brian T. Equities analysts forecast that Amazon.com, Inc. will post $6.69 earnings per share for the current fiscal year. (NASDAQ:AMZN) rating on Friday, February 2. 2,000 Amazon.com, Inc. (NASDAQ:AMZN) shares with value of $2.99 million were sold by WILKE JEFFREY A. Shares for $795,502 were sold by Reynolds Shelley. On Wednesday, February 21 the insider ALBERG TOM A sold $1.01M. $3.24 million worth of stock was sold by Zapolsky David on Thursday, February 15. (NASDAQ:AMZN). Johnson Counsel reported 0.22% of its portfolio in Amazon.com, Inc. The stock decreased 0.54% or $1.07 during the last trading session, reaching $196.75. About 4,966 shares traded.

The holdings In Amazon Com Inc (AMZN) was increased owned by Ruane Cunniff & Goldfarb Inc. It has underperformed by 30.97% the S&P500.

Several analysts recently issued reports on the stock. During the same quarter a year ago, the business posted $1.54 EPS. (NASDAQ:AMZN) for 1,014 shs. 999.45 million shares or 1.00% less from 1.01 billion shares in 2017Q3 were reported. It also provides commercial and industrial loans that consist of loans to corporate and other legal entity borrowers primarily in small to mid-size industrial and commercial companies; commercial real estate loans comprising commercial mortgages, which are secured by nonresidential and multi-family residential properties; residential real estate loans to clients for the purchase or refinance of a residence; home equity junior lien loans; consumer loans that are secured by automobiles, boats, recreational vehicles, certificates of deposit, and other personal property; and demand deposit account overdrafts. Lsv Asset holds 0.01% or 4,850 shares. (NASDAQ:AMZN). Bouchey Finance Gp owns 255 shares or 0.09% of their USA portfolio.

Several other institutional investors and hedge funds have also bought and sold shares of the company. The Massachusetts-based Polaris Capital Management Llc has invested 0.25% in the stock. Cigna Investments Inc. New acquired a new position in shares of Amazon.com during the fourth quarter worth $11,707,000.

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