Published: Sat, January 13, 2018
Finance | By Loren Pratt

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

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

Mechanics Bank Trust Department who had been investing in Amazon Com Inc for a number of months, seems to be bullish on the $628.94B market cap company.

The stock increased 1.85% or $23.59 during the last trading session, reaching $1300.27. About 4.64 million shares traded or 32.07% up from the average. It has outperformed by 20.71% the S&P500. Roundview Capital Limited Liability Corporation holds 2,938 shares or 0.83% of its portfolio.

Contour Asset Management Llc decreased Grubhub Inc (NYSE:GRUB) stake by 1.80M shares to 530,183 valued at $27.92 million in 2017Q3. The stock decreased 1.16% or $0.13 during the last trading session, reaching $11.08. The shares were sold at an average price of $1,160.34, for a total transaction of $3,248,952.00. (NASDAQ:AMZN). Arcadia Investment Management Mi owns 0.47% invested in Amazon.com, Inc.

Among 38 analysts covering Adobe Systems (NASDAQ:ADBE), 29 have Buy rating, 0 Sell and 9 Hold. Therefore 60% are positive. Robert W. Baird maintained the stock with "Buy" rating in Monday, September 11 report. (NASDAQ:AMZN) on Wednesday, September 27 with "Buy" rating. The rating was upgraded by Pivotal Research to "Hold" on Thursday, October 19. (NASDAQ:ASTE) earned "Buy" rating by Robert W. Baird on Friday, November 10. On Thursday, March 24 the stock rating was initiated by UBS with "Sell". The rating was maintained by Piper Jaffray on Friday, September 4 with "Buy". The firm has "Overweight" rating given on Thursday, June 16 by KeyBanc Capital Markets. Deutsche Bank AG reaffirmed a "buy" rating and issued a $985.00 price target on shares of Amazon.com in a research note on Wednesday, October 12th. Amazon.com's quarterly revenue was up 33.7% compared to the same quarter last year. sell-side analysts forecast that Amazon.com, Inc. will post 4.24 earnings per share for the current year. It also increased its holding in Spdr Bloomberg Barclays Short Term Corporate Bond Etf (SCPB) by 88,025 shares in the quarter, for a total of 126,000 shares, and has risen its stake in Costco Whsl Corp New Com (NASDAQ:COST).

Investors sentiment is 0.83 in 2017 Q3. Its down 0.15, from 0.88 in 2017Q2. It is the same, as 45 investors sold JNJ shares while 871 reduced holdings. only 111 funds opened positions while 645 raised stakes. 103 funds opened positions while 495 raised stakes. (NASDAQ:AMZN) for 862,879 shares. New England Private Wealth Lc stated it has 490 shares. Cahill invested in 6,972 shares. California-based Schwab Charles Investment Management has invested 0.01% in Astec Industries, Inc. (NASDAQ:AMZN) or 2,334 shares. Goelzer Incorporated holds 0.04% or 394 shares in its portfolio. Salient Tru Lta reported 167,295 shares. Columbia Asset reported 0.31% in Wells Fargo & Company (NYSE:WFC). Following the transaction, the director now directly owns 17,114 shares of the company's stock, valued at $20,583,692.36. Toronto Dominion Commercial Bank owns 0% invested in West Pharmaceutical Services, Inc. (NYSE:WST). Suntrust Banks accumulated 0.02% or 36,261 shares. (NASDAQ:AMZN). Albion Financial Group Ut owns 7,848 shares or 1.15% of their USA portfolio. Regentatlantic Limited Liability Company owns 168,361 shares. (NASDAQ:AMZN). Ranger Inv Management LP holds 11 shares or 0% of its portfolio. Therefore 94% are positive. Loop Capital set a $1,200.00 price target on Amazon.com and gave the company a "buy" rating in a research report on Friday, October 20th. The stock has "Buy" rating by Benchmark on Friday, October 23. "Has Google in the Crosshairs of the "Great Game" on January 10, 2018, also Usnews.com with their article: "Alexa Is the Key to Amazon's Future" published on December 22, 2017, Usnews.com published: "Amazon Sets Sights on Online Advertising" on January 03, 2018. The company was maintained on Sunday, August 6 by Piper Jaffray. The company was maintained on Tuesday, January 12 by Credit Suisse. (NASDAQ:ASTE) on Tuesday, January 2 to "Outperform" rating. The firm has "Buy" rating by Cantor Fitzgerald given on Friday, June 16.


Since August 3, 2017, it had 0 insider buys, and 9 insider sales for $16.47 million activity. Jassy Andrew R had sold 1,985 shares worth $1.96M. Blackburn Jeffrey M had sold 2,077 shares worth $2.05M. (NASDAQ:ASTE). Broadview Ltd Liability Com invested in 108,687 shares. $2.05M worth of Amazon.com, Inc. (NASDAQ:AMZN) has "Outperform" rating given on Friday, October 23 by RBC Capital Markets.

Investors sentiment decreased to 1.26 in 2017 Q3. The company has a market cap of $615,200.00, a P/E ratio of 322.39, a price-to-earnings-growth ratio of 7.22 and a beta of 1.46. It fall, as 73 investors sold AMZN shares while 549 reduced holdings. Finally, IBM Retirement Fund boosted its position in shares of Amazon.com by 76.6% during the 2nd quarter. The firm owned 28,253 shares of the e-commerce giant's stock after selling 1,599 shares during the period. The firm sells merchandise and content purchased for resale from vendors, as well as those offered by third-party sellers through retail Websites, such as amazon.com, amazon.ca, amazon.com.mx, amazon.com.au, amazon.com.br, amazon.cn, amazon.fr, amazon.de, amazon.in, amazon.it, amazon.co.jp, amazon.nl, amazon.es, and amazon.co.uk. Benin Mgmt owns 1,365 shares or 0.53% of their United States portfolio. Alpine Lc, New York-based fund reported 3,124 shares. 509,258 were reported by National Bank Of Montreal Can. Canada Pension Plan Board holds 0.51% or 7.46 million shares. Brandywine Global Investment Mngmt Ltd holds 1.94% of its portfolio in Johnson & Johnson (NYSE:JNJ) for 2.36 million shares. Vanguard Group Inc. boosted its stake in shares of Amazon.com by 4.8% in the second quarter. (NASDAQ:AMZN) for 520 shares. Finally, Vetr downgraded Amazon.com from a "buy" rating to a "hold" rating and set a $1,277.08 target price on the stock.in a research report on Monday.

In other news, CEO Jeffrey P. Bezos sold 391,110 shares of the firm's stock in a transaction that occurred on Wednesday, November 1st. Rhumbline Advisers holds 41,974 shares or 0.01% of its portfolio. Vanguard Group Inc. now owns 26,863,386 shares of the e-commerce giant's stock worth $26,003,758,000 after purchasing an additional 764,115 shares in the last quarter. Quantum Mgmt Ltd Nj has 8 shares. (NASDAQ:AMZN) for 65,200 shares.

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