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Bray Capital Advisors Reduces Position in Amazon.com, Inc

13 January 2018

The Axel Capital Management Llc holds 7,000 shares with $6.73M value, down from 10,000 last quarter. Trust Company Of Virginia who had been investing in Csx Corp for a number of months, seems to be less bullish one the $52.95B market cap company. The stock increased 1.13% or $0.26 during the last trading session, reaching $23.37. The e-commerce giant reported $0.52 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $1.09 by ($0.57). Praxair, Inc. (NYSE:PX) has risen 17.42% since January 13, 2017 and is uptrending. It has underperformed by 32.41% the S&P500.

Paloma Partners Management Company increased Amazon.Com Inc (Put) (AMZN) stake by 566.67% reported in 2017Q3 SEC filing. Hanseatic Management Services Inc sold 4,439 shares as the company's stock rose 13.58% with the market. The Paloma Partners Management Company holds 14,000 shares with $13.46 million value, up from 2,100 last quarter.

Stevens Capital Management LP lowered its holdings in shares of Amazon.com, Inc. Steinberg Global Asset Management now owns 2,255 shares of the e-commerce giant's stock worth $1,888,000 after buying an additional 335 shares in the last quarter. 5,434,054 shares of the stock traded hands, compared to its average volume of 3,250,000.

Amazon.com, Inc. (NASDAQ:AMZN) ad revenue is set to soar in 2018, and should continue to do so through the next few years, according to JPMorgan. It has outperformed by 20.71% the S&P500.

Hwg Holdings Lp, which manages about $127.19M US Long portfolio, upped its stake in Unitedhealth Group (NYSE:UNH) by 10,601 shares to 16,968 shares, valued at $3.32M in 2017Q3, according to the filing. It also reduced Carmax Inc (NYSE:KMX) stake by 523,835 shares and now owns 9.63M shares.

Since August 3, 2017, it had 0 buys, and 9 insider sales for $16.47 million activity. Shares for $2.05M were sold by Blackburn Jeffrey M on Tuesday, August 15. $2.30M worth of Amazon.com, Inc. (NASDAQ:AMZN) for 220,242 shares. (NASDAQ:AMZN) shares. On Tuesday, August 15 the insider Olsavsky Brian T sold $2.31M. On Tuesday, August 15 the insider Jassy Andrew R sold $1.96 million.

Illinois Tool Works Inc. (ITW) EPS Estimated At $1.62
The rating was downgraded by Goldman Sachs on Monday, November 21 to "Sell". (NYSE: ITW ) rating on Thursday, April 21. The New Jersey-based Prudential Fincl has invested 0.27% in Illinois Tool Works Inc . (NYSE:ITW) for 17,038 shares.

Amazon.com accounts for 1.1% of AMP Capital Investors Ltd's investment portfolio, making the stock its 9th largest position. The company has a quick ratio of 0.74, a current ratio of 1.03 and a debt-to-equity ratio of 1.00. It worsened, as 73 investors sold AMZN shares while 549 reduced holdings. Finally, IBM Retirement Fund raised its position in shares of Amazon.com by 76.6% in the 2nd quarter. Heritage Invsts Mngmt reported 1,618 shares. Mariner Wealth Advsrs Lc owns 0.54% invested in Amazon.com, Inc.

A number of equities analysts have recently weighed in on AMZN shares.

Amazon.com, Inc. engages in the retail sale of consumer products and subscriptions in North America and internationally. TheStreet raised shares of Amazon.com from a "c+" rating to a "b-" rating in a report on Tuesday, November 7th. Union Commercial Bank Corp invested 0.76% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Evercore Wealth Mngmt Ltd Liability Company invested in 60,713 shares. Washington Trust has 2.11% invested in Amazon.com, Inc. The institutional investor owned 6,117 shares of the e-commerce giant's stock after selling 7,522 shares during the period. (NASDAQ:AMZN) for 167,719 shares. SunTrust maintained Amazon.com, Inc. Roundview Ltd Liability Corporation has invested 0.26% in Praxair, Inc. Legacy Private holds 5,703 shares or 0.67% of its portfolio. JPMorgan Chase & Co. restated a "buy" rating and issued a $1,385.00 target price (up previously from $1,375.00) on shares of Amazon.com in a research note on Wednesday. (NASDAQ:AMZN). Scholtz And Ltd Co holds 5,064 shares or 3.81% of its portfolio. Therefore 58% are positive. Amazon.com had 246 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Axiom Capital with "Buy" on Tuesday, November 1. Security National Bank of SO Dak acquired a new position in Amazon.com in the first quarter valued at approximately $228,000. The firm earned "Outperform" rating on Monday, August 10 by Robert W. Baird. The firm has "Buy" rating by Citigroup given on Friday, July 29. The rating was downgraded by Stephens on Monday, March 28 to "Equal-Weight". The rating was maintained by Cowen & Co with "Hold" on Friday, July 28. Loop Capital Markets maintained it with "Buy" rating and $1200.0 target in Monday, October 16 report. Finally, RBC Capital Markets dropped their target price on Amazon.com to $900.00 and set a "buy" rating on the stock in a report on Friday, February 3rd. The firm earned "Buy" rating on Friday, July 28 by BMO Capital Markets. Vetr upgraded the stock to "Hold" rating in Friday, August 21 report. Ameriprise Fincl owns 708,449 shares for 0.03% of their portfolio. It also increased its holding in China Mobile Limited (NYSE:CHL) by 17,658 shares in the quarter, for a total of 18,108 shares, and has risen its stake in Intercontinental Exchange In (NYSE:ICE). Therefore 65% are positive. The stock has "Overweight" rating by JP Morgan on Thursday, April 7. Langenberg has "Buy" rating and $25 target. JMP Securities maintained the shares of AMZN in report on Friday, October 23 with "Market Outperform" rating. The stock has "Buy" rating by Argus Research on Monday, December 12. The firm has "Mkt Perform" rating given on Monday, February 27 by Keefe Bruyette & Woods. The firm has "Underperform" rating by Oppenheimer given on Tuesday, October 24.

Since August 8, 2017, it had 2 insider purchases, and 1 sale for $4.48 million activity. About 328,391 shares traded. Shares for $3.25M were sold by WILKE JEFFREY A.

Analysts await General Electric Company (NYSE:GE) to report earnings on January, 19. During the same quarter previous year, the business earned $0.52 earnings per share. AMZN's profit will be $934.83 million for 168.20 P/E if the $1.94 EPS becomes a reality. Atwood And Palmer stated it has 0.05% in Amazon.com, Inc.