Amazon Com (AMZN) Holder Meritage Group LP Has Cut Its Stake as Stock Rose; Tsp Capital Management Group Boosted Its Sibanye Stillwater (SBGL) Stake

June 17, 2018 - By Dolores Ford

Amazon.com, Inc. (NASDAQ:AMZN) Logo

Meritage Group Lp decreased its stake in Amazon Com Inc (AMZN) by 26.75% based on its latest 2018Q1 regulatory filing with the SEC. Meritage Group Lp sold 70,540 shares as the company’s stock rose 5.80% while stock markets declined. The hedge fund held 193,173 shares of the consumer services company at the end of 2018Q1, valued at $279.59M, down from 263,713 at the end of the previous reported quarter. Meritage Group Lp who had been investing in Amazon Com Inc for a number of months, seems to be less bullish one the $832.64B market cap company. The stock decreased 0.46% or $7.89 during the last trading session, reaching $1715.97. About 3.88 million shares traded. Amazon.com, Inc. (NASDAQ:AMZN) has risen 62.09% since June 17, 2017 and is uptrending. It has outperformed by 49.52% the S&P500. Some Historical AMZN News: 15/05/2018 – ConsenSys Unveils Kaleido in Collaboration with Amazon Web Services to Simplify Enterprise Blockchain Adoption; 23/04/2018 – Amazon is reportedly building personal robots that will roll out next year; 29/03/2018 – Trump: Amazon Puts ‘Many Thousands of Retailers Out of Business’; 19/03/2018 – Amazon Go is fashioned after small grocery stores, with a crucial difference: it has no cashiers; 23/03/2018 – OWNZONES Announces API Integration With Amazon Web Services (AWS) For Asset Conversion; 23/04/2018 – GLENVIEW’S ROBBINS SAYS AMAZON ENTRY IN PHARMAC ISN’T IMMINENT; 02/05/2018 – Lego, Amazon Start Platform for Interactive Building-Block Game; 17/04/2018 – AMAZON- LAUNCHED ‘INTERNATIONAL SHOPPING’ WITHIN APP THROUGH WHICH CUSTOMERS IN THAILAND CAN BROWSE AND SHOP OVER 45 MLN ITEMS THAT CAN BE SHIPPED TO THEIR COUNTRY FROM U.S; 18/04/2018 – BEST BUY SAYS AMAZON AND CO SIGN EXCLUSIVE MULTIYEAR PARTNERSHIP TO OFFER NEW FIRE TV EDITION SMART TVS; 03/04/2018 – U.S. CHAMBER OF COMMERCE OFFICIAL SAYS U.S. ECONOMY IS WORLD’S MOST POWERFUL BECAUSE IT EMBRACES FREE ENTERPRISE AND POLICY MATTERS ARE HANDLED THROUGH RECOGNIZED PROCESSES

Tsp Capital Management Group Llc increased its stake in Sibanye Stillwater (SBGL) by 189.18% based on its latest 2018Q1 regulatory filing with the SEC. Tsp Capital Management Group Llc bought 690,602 shares as the company’s stock declined 37.60% with the market. The institutional investor held 1.06 million shares of the precious metals company at the end of 2018Q1, valued at $4.05 million, up from 365,050 at the end of the previous reported quarter. Tsp Capital Management Group Llc who had been investing in Sibanye Stillwater for a number of months, seems to be bullish on the $1.59B market cap company. The stock increased 1.52% or $0.04 during the last trading session, reaching $2.67. About 18.16 million shares traded or 346.17% up from the average. Sibanye Gold Limited (NYSE:SBGL) has declined 54.06% since June 17, 2017 and is downtrending. It has underperformed by 66.63% the S&P500. Some Historical SBGL News: 31/05/2018 – SIBANYE’S PROPOSED PURCHASE OF LONMIN IS PROCEEDING AS PLANNED; 11/05/2018 – SIBANYE-STILLWATER – FURTHER UPDATE TO TRAGIC SEISMIC INCIDENT AT SIBANYE-STILLWATER’S DRIEFONTEIN OPERATIONS; 11/05/2018 – Sibanye Gold to Suspend Operations at Masakhane Mine During One Week; 28/03/2018 – DRDGOLD SEES CONDITIONS OF SIBANYE DEAL BEING MET DURING 2Q; 14/05/2018 – BlueCrest Capital Management Takes Short Positions in Lonmin, Sibanye Gold; 15/05/2018 – SIBANYE-STILLWATER – PROPOSED TRANSACTION REMAINS SCHEDULED FOR CLOSURE DURING SECOND CALENDAR HALF OF 2018; 15/05/2018 – SIBANYE-STILLWATER – SIBANYE-STILLWATER RECEIVES SOUTH AFRICAN RESERVE BANK APPROVAL FOR PROPOSED ACQUISITION OF LONMIN; 31/05/2018 – Sibanye Gold: Uncertainty Driven by Concerns Around Leverage; 24/05/2018 – SIBANYE-STILLWATER – THERE WAS SEISMIC EVENT ON 22 MAY AT IKAMVA MINE, KLOOF OPS, WHICH CAUSED FALL OF GROUND AND RESULTED IN INJURIES TO 3 EMPLOYEES; 04/05/2018 – SIBANYE IN PROCESS OF APPOINTING NEW AUDITOR

Analysts await Amazon.com, Inc. (NASDAQ:AMZN) to report earnings on July, 26. They expect $2.52 EPS, up 530.00% or $2.12 from last year’s $0.4 per share. AMZN’s profit will be $1.22 billion for 170.24 P/E if the $2.52 EPS becomes a reality. After $3.27 actual EPS reported by Amazon.com, Inc. for the previous quarter, Wall Street now forecasts -22.94% negative EPS growth.

Investors sentiment decreased to 1.08 in 2018 Q1. Its down 0.21, from 1.29 in 2017Q4. It worsened, as 73 investors sold AMZN shares while 659 reduced holdings. 173 funds opened positions while 614 raised stakes. 266.38 million shares or 4.87% less from 280.02 million shares in 2017Q4 were reported. Moody Retail Bank Division holds 0.23% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN) for 3,169 shares. Mycio Wealth Prns Lc holds 2,200 shares or 0.36% of its portfolio. C M Bidwell & Assoc reported 0.54% in Amazon.com, Inc. (NASDAQ:AMZN). 375 are held by Wellington Shields And Limited. Guardian Communication reported 55,466 shares. Canada Pension Plan Investment Board reported 371,830 shares. Dodge And Cox stated it has 780 shares. Fincl Advisory Group Inc stated it has 372 shares. At National Bank holds 141 shares or 0.02% of its portfolio. Fincl Partners Cap Management, a New York-based fund reported 200 shares. Williams Jones Ltd Liability Com holds 1.9% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN) for 56,584 shares. 396 are owned by First Bancorporation. 145 were reported by Cahill Fincl Advsr. 3,262 were accumulated by Wealth Architects Ltd. Grandeur Peak Advsr Lc holds 0.24% or 1,450 shares in its portfolio.

Among 55 analysts covering Amazon.com (NASDAQ:AMZN), 52 have Buy rating, 0 Sell and 3 Hold. Therefore 95% are positive. Amazon.com had 305 analyst reports since July 21, 2015 according to SRatingsIntel. Piper Jaffray maintained Amazon.com, Inc. (NASDAQ:AMZN) on Wednesday, March 14 with “Buy” rating. The stock of Amazon.com, Inc. (NASDAQ:AMZN) has “Overweight” rating given on Friday, October 23 by JP Morgan. On Friday, July 29 the stock rating was maintained by Jefferies with “Buy”. The stock has “Buy” rating by Guggenheim on Friday, September 30. The stock of Amazon.com, Inc. (NASDAQ:AMZN) earned “Outperform” rating by RBC Capital Markets on Friday, July 24. The firm has “Buy” rating given on Tuesday, May 3 by Nomura. The firm has “Outperform” rating given on Friday, April 27 by Credit Suisse. The stock of Amazon.com, Inc. (NASDAQ:AMZN) has “Buy” rating given on Friday, January 29 by Benchmark. On Friday, April 27 the stock rating was maintained by Stifel Nicolaus with “Buy”. The firm earned “Buy” rating on Tuesday, January 23 by Loop Capital.

More notable recent Amazon.com, Inc. (NASDAQ:AMZN) news were published by: 247Wallst.com which released: “Can Oprah Help Apple Fight Amazon?” on June 16, 2018, also Seekingalpha.com with their article: “3 Option Trade Ideas In Amazon Stock” published on June 11, 2018, Seekingalpha.com published: “Microsoft takes aim at Amazon Go” on June 14, 2018. More interesting news about Amazon.com, Inc. (NASDAQ:AMZN) were released by: Nasdaq.com and their article: “How to Use Amazon to Grow Your Sales” published on June 17, 2018 as well as Nasdaq.com‘s news article titled: “Better Buy: Amazon.com vs. Google” with publication date: June 17, 2018.

Since February 15, 2018, it had 0 insider buys, and 21 insider sales for $63.19 million activity. On Tuesday, February 27 WILKE JEFFREY A sold $2.35M worth of Amazon.com, Inc. (NASDAQ:AMZN) or 1,550 shares. ALBERG TOM A had sold 2,285 shares worth $3.35M. $686,439 worth of stock was sold by Reynolds Shelley on Tuesday, May 15. Shares for $2.72M were sold by Jassy Andrew R on Tuesday, May 15. $3.42M worth of stock was sold by Olsavsky Brian T on Thursday, February 15. Zapolsky David sold 2,216 shares worth $3.24 million.

Amazon.com, Inc. (NASDAQ:AMZN) Institutional Positions Chart

Echostar Corporation-Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


>