As Amazon Com (AMZN) Market Valuation Rose, Shareholder Valinor Management Lowered Holding by $29.25 Million; Old Republic International Has Raised United Parcel Services (UPS) Stake by $3.15 Million; Stock Value Rose

June 18, 2018 - By Winifred Garcia

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

David Gallo decreased its stake in Amazon Com Inc (AMZN) by 23.81% based on its latest 2018Q1 regulatory filing with the SEC. Valinor Management Llc sold 20,212 shares as the company’s stock rose 5.80% while stock markets declined. The hedge fund run by David Gallo held 64,688 shares of the consumer services company at the end of 2018Q1, valued at $93.63M, down from 84,900 at the end of the previous reported quarter. Valinor Management Llc who had been investing in Amazon Com Inc for a number of months, seems to be less bullish one the $832.64 billion 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 18, 2017 and is uptrending. It has outperformed by 49.52% the S&P500. Some Historical AMZN News: 19/03/2018 – Nick Turner: Amazon has considered buying some of the soon-to-be-vacant Toys “R” Us locations, sources say…; 26/04/2018 – Amazon’s quarterly advertising sales surpassed $2 billion for the first time in the first quarter; 02/04/2018 – Trump Attacks Amazon for Hurting U.S. Post Office (Audio); 30/03/2018 – Hollywood Reporter: Exclusive: ‘A League of Their Own’ TV Series in the Works at Amazon; 05/03/2018 – After Losing China, Jeff Bezos Really Wants to Win in India; 16/05/2018 – BERKSHIRE, AMAZON, JPMORGAN JV IS SAID HARD TO FIND CEO : CNBC; 06/03/2018 – AMAZON.COM INC SAYS PRIME MEMBERS RECEIVE TWO-HOUR DELIVERY FOR FREE AND ULTRA-FAST DELIVERY WITHIN ONE HOUR FOR $7.99 ON ORDERS OF $35 OR MORE; 19/03/2018 – Seattle Mayor Durkan, Amazon, Starbucks, Zillow and others convene to talk solutions to homelessness as part of United Way’s Community Resource Exchange; 19/04/2018 – Jeff Bezos is ‘proud’ of this employee benefit that helps employees go back to school; 18/04/2018 – AMAZON SAYS MOST UNITS SOLD IN 2017 WERE BY THIRD-PARTY SELLERS

Old Republic International Corp increased its stake in United Parcel Services Inc (UPS) by 13.92% based on its latest 2018Q1 regulatory filing with the SEC. Old Republic International Corp bought 30,300 shares as the company’s stock rose 6.87% while stock markets declined. The institutional investor held 248,000 shares of the transportation company at the end of 2018Q1, valued at $25.96M, up from 217,700 at the end of the previous reported quarter. Old Republic International Corp who had been investing in United Parcel Services Inc for a number of months, seems to be bullish on the $100.62 billion market cap company. The stock decreased 0.36% or $0.42 during the last trading session, reaching $116.77. About 4.29M shares traded or 30.18% up from the average. United Parcel Service, Inc. (NYSE:UPS) has risen 9.01% since June 18, 2017 and is uptrending. It has underperformed by 3.56% the S&P500. Some Historical UPS News: 06/03/2018 – S&PGR Ups KEMET to ‘B+’ On Strong Oper Perf, Lower Leverage; 16/04/2018 – UPS – APPOINTED GEORGE WILLIS TO POSITION OF PRESIDENT OF U.S. OPERATIONS, EFFECTIVE MAY 1; 17/05/2018 – S&PGR Ups Banning Util Auth, CA Wastetwr Rev Bnd Rtg To ‘AA-‘; 23/05/2018 – UPS DETAILS INCREASE OF OVERSIZE SURCHARGE IN EMAILED STATEMENT; 25/04/2018 – UPS OFFERS VOLUNTARY RETIREMENT INCENTIVE TO ELIGIBLE U.S.-BASE; 11/05/2018 – Loomis Sayles Adds BioMarin, Exits Analog Devices, Cuts UPS: 13F; 26/04/2018 – United Parcel Service 1Q Net $1.35B; 10/04/2018 – UPS UPS.N : BAIRD RAISES TARGET PRICE TO $120 FROM $119; 26/04/2018 – United Parcel Service: Weather Conditions Muted 1Q U.S. Domestic Results; 04/04/2018 – ALS Association Ups Carmen’s Fund Goal After Quickly Surpassing Initial Target

Among 24 analysts covering United Parcel Service (NYSE:UPS), 12 have Buy rating, 1 Sell and 11 Hold. Therefore 50% are positive. United Parcel Service had 75 analyst reports since July 29, 2015 according to SRatingsIntel. Loop Capital maintained United Parcel Service, Inc. (NYSE:UPS) on Wednesday, March 7 with “Buy” rating. The firm earned “Buy” rating on Wednesday, July 29 by S&P Research. The firm earned “Hold” rating on Thursday, November 30 by BMO Capital Markets. UBS maintained United Parcel Service, Inc. (NYSE:UPS) on Friday, October 27 with “Neutral” rating. The rating was maintained by Stephens with “Hold” on Thursday, February 1. The rating was initiated by JP Morgan on Tuesday, December 13 with “Neutral”. The company was maintained on Thursday, January 18 by Stifel Nicolaus. The firm has “Hold” rating given on Wednesday, November 2 by Deutsche Bank. The firm has “Buy” rating given on Tuesday, March 6 by Stifel Nicolaus. Oppenheimer maintained United Parcel Service, Inc. (NYSE:UPS) on Wednesday, September 20 with “Buy” rating.

Investors sentiment decreased to 1.12 in Q1 2018. Its down 0.11, from 1.23 in 2017Q4. It is negative, as 81 investors sold UPS shares while 390 reduced holdings. 111 funds opened positions while 418 raised stakes. 446.74 million shares or 0.46% less from 448.80 million shares in 2017Q4 were reported. Bangor Comml Bank accumulated 3,899 shares. Reliance Trust Of Delaware holds 0.32% in United Parcel Service, Inc. (NYSE:UPS) or 19,441 shares. Atlas Browninc has 0.05% invested in United Parcel Service, Inc. (NYSE:UPS) for 2,684 shares. Mcrae Cap Mgmt has invested 0.12% in United Parcel Service, Inc. (NYSE:UPS). Scotia Capital Inc invested in 0.32% or 223,481 shares. Riggs Asset Managment accumulated 83 shares. Moreover, Savings Bank Of Ny Mellon has 0.19% invested in United Parcel Service, Inc. (NYSE:UPS) for 6.47 million shares. British Columbia Inv Mngmt accumulated 369,645 shares or 0.29% of the stock. Jlb Associate Inc, a Michigan-based fund reported 14,067 shares. Virginia Retirement Sys Et Al has invested 0.15% in United Parcel Service, Inc. (NYSE:UPS). Argyle Capital Mngmt owns 36,600 shares. Marble Harbor Inv Counsel Ltd Company has 3,580 shares. Deprince Race And Zollo accumulated 0.96% or 390,568 shares. Bb&T Lc holds 0.79% of its portfolio in United Parcel Service, Inc. (NYSE:UPS) for 665,476 shares. Bill Melinda Gates Foundation Tru invested 1.94% of its portfolio in United Parcel Service, Inc. (NYSE:UPS).

Since February 26, 2018, it had 0 insider purchases, and 2 insider sales for $650,730 activity. $480,600 worth of stock was sold by McClure Teri P on Monday, February 26.

More notable recent United Parcel Service, Inc. (NYSE:UPS) news were published by: Bizjournals.com which released: “UPDATE: UPS says teamsters strike not imminent despite vote approval” on June 06, 2018, also Globenewswire.com with their article: “Kevin Warren Named UPS Chief Marketing Officer” published on May 25, 2018, Benzinga.com published: “Bernstein: Amazon Flex Is No Threat To FedEx, UPS” on May 26, 2018. More interesting news about United Parcel Service, Inc. (NYSE:UPS) were released by: Fool.com and their article: “Should Groupon Worry About This UPS Move?” published on May 29, 2018 as well as Investorplace.com‘s news article titled: “5 Top Stock Trades for Wednesday Morning” with publication date: June 12, 2018.

Investors sentiment decreased to 1.08 in Q1 2018. Its down 0.21, from 1.29 in 2017Q4. It dived, 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. Antipodean Advsr Limited Liability Company stated it has 24.16% in Amazon.com, Inc. (NASDAQ:AMZN). Lloyds Bk Gr Plc stated it has 161 shares. Wafra Advisory Group Ny holds 1.36% or 20,643 shares. Pittenger And Anderson invested in 9,841 shares or 1.25% of the stock. Waters Parkerson Llc stated it has 0.02% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Moreover, Heritage Management has 0.13% invested in Amazon.com, Inc. (NASDAQ:AMZN) for 1,472 shares. 199 are owned by Cohen Lawrence B. Moreover, Centre Asset Management has 5.02% invested in Amazon.com, Inc. (NASDAQ:AMZN). Westover Capital Advsrs Llc holds 2.13% or 2,700 shares in its portfolio. Fcg Llc holds 0.35% or 700 shares in its portfolio. Moreover, Bank Pictet Cie (Asia) Ltd has 10.18% invested in Amazon.com, Inc. (NASDAQ:AMZN) for 14,879 shares. Tiedemann Lc owns 3,013 shares or 0.3% of their US portfolio. Cordasco stated it has 40 shares or 0.06% of all its holdings. 171,250 were reported by Amp Capital Ltd. Commercial Bank Of Nova Scotia has 70,337 shares.

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. Loop Capital Markets maintained the shares of AMZN in report on Monday, October 16 with “Buy” rating. The stock of Amazon.com, Inc. (NASDAQ:AMZN) has “Outperform” rating given on Tuesday, March 22 by Raymond James. The rating was maintained by Benchmark on Friday, October 23 with “Buy”. The rating was maintained by Needham on Monday, June 19 with “Buy”. As per Friday, February 2, the company rating was maintained by Stifel Nicolaus. Piper Jaffray maintained Amazon.com, Inc. (NASDAQ:AMZN) on Friday, October 27 with “Buy” rating. The firm has “Buy” rating by Axiom Capital given on Friday, July 24. On Tuesday, February 13 the stock rating was maintained by Macquarie Research with “Buy”. The company was maintained on Friday, February 2 by PiperJaffray. Wolfe Research upgraded Amazon.com, Inc. (NASDAQ:AMZN) on Friday, February 23 to “Buy” rating.

Valinor Management Llc, which manages about $4.82 billion and $3.29 billion US Long portfolio, upped its stake in Constellation Brands Inc (NYSE:STZ) by 66,695 shares to 566,695 shares, valued at $129.16M in 2018Q1, according to the filing. It also increased its holding in Godaddy Inc by 89,400 shares in the quarter, for a total of 1.57 million shares, and has risen its stake in Facebook Inc (NASDAQ:FB).

More notable recent Amazon.com, Inc. (NASDAQ:AMZN) news were published by: Nasdaq.com which released: “Better Buy: Amazon.com vs. Google” on June 17, 2018, also Seekingalpha.com with their article: “3 Option Trade Ideas In Amazon Stock” published on June 11, 2018, Seekingalpha.com published: “Amazon makes a beauty move in Brazil” on June 14, 2018. More interesting news about Amazon.com, Inc. (NASDAQ:AMZN) were released by: Seekingalpha.com and their article: “Amazon On Top Again” published on June 11, 2018 as well as Seekingalpha.com‘s news article titled: “Amazon’s Cloud Strength Continues” with publication date: May 31, 2018.

United Parcel Service, Inc. (NYSE:UPS) Institutional Positions Chart

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