Amazon.com (AMZN) Given "Buy" Rating at SunTrust Banks

Marco Green
January 13, 2018

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 increased 1.68% or $21.395 during the last trading session, reaching $1298.075. Analysts are forecasting earnings of $1.85 on a per share basis this quarter. It has outperformed by 20.71% the S&P500. Xact Kapitalforvaltning AB now owns 65,818 shares of the e-commerce giant's stock worth $63,712,000 after buying an additional 458 shares during the last quarter. Shares for $701,045 were sold by WILKE JEFFREY A on Thursday, August 3. WARNOCK JOHN E also sold $1.18M worth of Adobe Systems Incorporated (NASDAQ:ADBE) on Friday, October 20. The SI to West Pharmaceutical Services Incorporated's float is 2.32%. The stock increased 2.03% or $25.95 during the last trading session, reaching $1302.63. About 414,317 shares traded or 17.18% up from the average. Laredo Petroleum, Inc. (NYSE:LPI) has risen 17.65% since January 12, 2017 and is uptrending. It has outperformed by 14.94% the S&P500.

Since August 3, 2017, it had 0 insider purchases, and 9 insider sales for $16.47 million activity.

Investors sentiment decreased to 1.26 in Q3 2017. The company has a market capitalization of $385.24 billion, a PE ratio of 164.82 and a beta of 1.40. It is the same, as 45 investors sold JNJ shares while 871 reduced holdings. only 111 funds opened positions while 645 raised stakes. 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. Tanaka Mngmt, a New York-based fund reported 135 shares. Kames Capital Plc accumulated 3.01% or 114,285 shares. Finally, Centre Asset Management LLC grew its stake in Amazon.com by 6.0% during the 2nd quarter. Brighton Jones Llc owns 167,098 shares or 20.66% of their USA portfolio. (NASDAQ:CSCO). Flippin Bruce & Porter holds 2.77% or 373,883 shares in its portfolio. Capital Lc holds 125 shares. Security National Trust stated it has 3,082 shares. (NYSE:WST) for 210 shares. Metropolitan Life Insur holds 14,457 shares or 0.01% of its portfolio. Teachers Retirement System Of The State Of Kentucky accumulated 16,950 shares or 0.02% of the stock. Pictet Asset Mngmt invested in 0.65% or 1.75 million shares. (NYSE:WST). Suntrust Banks accumulated 0.02% or 36,261 shares.

Mechanics Bank Trust Department, which manages about $419.47 million US Long portfolio, decreased its stake in Express Scripts Hldg Co (NASDAQ:ESRX) by 21,352 shares to 50,349 shares, valued at $3.19 million in 2017Q3, according to the filing. Alps Advsr Inc has invested 0.32% of its portfolio in Johnson & Johnson (NYSE:JNJ).

You can get a sense of how sustainable that is by a levered free cash flow of $7.72 Billion over the past twelve months. The companyÂ's Proprietary Products segment offers stoppers and seals for injectable packaging systems; and syringe and cartridge components, including custom solutions for the needs of injectable drug applications, as well as administration systems that enhance the safe delivery of drugs through advanced reconstitution, mixing, and transfer technologies. It also provides drug containment solutions, including CZ vials, syringes, and cartridges; and self-injection systems, as well as specialized testing services for drug packaging, devices, and administration systems. (NASDAQ:CSCO), 24 have Buy rating, 0 Sell and 13 Hold. Therefore 60% are positive. Adobe Systems had 134 analyst reports since August 11, 2015 according to SRatingsIntel. The firm has "Hold" rating given on Monday, October 16 by Deutsche Bank. The firm has "Hold" rating by Zacks given on Tuesday, August 4. On Wednesday, January 11 the stock rating was initiated by Wells Fargo with "Market Perform". Jefferies maintained it with "Buy" rating and $950 target in Friday, July 29 report. (NASDAQ:CSCO) rating on Friday, October 6. Four research analysts have rated the stock with a hold rating and fifty-one have assigned a buy rating to the company's stock. $3.25 million worth of Amazon.com, Inc. (NYSE:WST) earned "Buy" rating by Janney Capital on Friday, January 8.

Investors sentiment increased to 1.28 in 2017 Q3. Its down 0.06, from 0.95 in 2017Q2. Sold All: 73 Reduced: 549 Increased: 657 New Position: 127. 602.00 million shares or 0.86% less from 607.21 million shares in 2017Q2 were reported. Grandfield & Dodd Llc invested in 418 shares. (NASDAQ:ASTE). Broadview Ltd Liability Com invested in 108,687 shares. Virginia Retirement Et Al holds 0.01% in Astec Industries, Inc. (NASDAQ:AMZN). Eagle Asset Mgmt stated it has 7,949 shares or 0.04% of all its holdings. Williams Jones Associate Limited Liability Corp has invested 1.81% in Amazon.com, Inc. Loop Capital reissued a "buy" rating and set a $1,200.00 target price on shares of Amazon.com in a research note on Tuesday, September 19th. BT Investment Management Ltd's holdings in Amazon.com were worth $27,147,000 at the end of the most recent quarter. (NASDAQ:AMZN). 8,536 were reported by Bender Robert Assoc. 2,417 were accumulated by Evermay Wealth Mgmt Ltd. Alpha Cubed Invests holds 0.82% or 5,690 shares. South Texas Money holds 1.5% or 493,568 shares in its portfolio. (NASDAQ:CSCO). 11,104 were reported by Stewart Patten Limited Liability.

Amazon.com, Inc. engages in the retail sale of consumer products and subscriptions in North America and internationally. (NASDAQ:AMZN). Mengis Cap owns 317 shares or 0.2% of their USA portfolio. Prelude Management Lc owns 9,745 shares for 0.84% of their portfolio. Out of 50 Wall Street analysts rating Amazon.com, 47 give it "Buy", 0 "Sell" rating, while 3 recommend "Hold". Therefore 67% are positive. AMZN was included in 245 notes of analysts from July 21, 2015. The rating was maintained by Piper Jaffray on Friday, December 15 with "Buy". The rating was maintained by Needham on Monday, June 19 with "Buy". The company was maintained on Friday, October 23 by UBS. Stifel Nicolaus maintained the shares of AMZN in report on Friday, October 23 with "Buy" rating. Amazon.com had a return on equity of 8.67% and a net margin of 1.20%. Dgh Investments Inc., a Switzerland-based fund reported 4,150 shares.#img1#. Wedbush has "Outperform" rating and $900 target. On Wednesday, November 11 the stock rating was maintained by Morgan Stanley with "Overweight". Finally, Harbour Capital Advisors LLC boosted its position in shares of Amazon.com by 100,947.5% during the second quarter. Jacobus Wealth Inc has 0.06% invested in Amazon.com, Inc. During the same period in the previous year, the business earned $1.00 earnings per share. During the same period past year, the firm earned $0.52 EPS. AMZN's profit will be $934.83 million for 167.28 P/E if the $1.94 EPS becomes a reality. Point72 Asset Management L.P. boosted its stake in shares of Amazon.com by 224.2% in the second quarter.

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