Tb Alternative Assets LTD Stake in Amazon.Com Amzn Us (AMZN) Lowered by $8.07 Million; Champlain Investment Partners Lowered Dover (DOV) Stake by $19.11 Million

May 22, 2018 - By Adrian Mccoy

Dover Corporation (NYSE:DOV) Logo

Tb Alternative Assets Ltd decreased its stake in Amazon.Com Inc Amzn Us (AMZN) by 58.97% based on its latest 2017Q4 regulatory filing with the SEC. Tb Alternative Assets Ltd sold 6,900 shares as the company’s stock rose 28.13% while stock markets declined. The institutional investor held 4,800 shares of the consumer services company at the end of 2017Q4, valued at $5.61 million, down from 11,700 at the end of the previous reported quarter. Tb Alternative Assets Ltd who had been investing in Amazon.Com Inc Amzn Us for a number of months, seems to be less bullish one the $769.31B market cap company. The stock increased 0.70% or $11.09 during the last trading session, reaching $1585.46. About 2.48 million shares traded. Amazon.com, Inc. (NASDAQ:AMZN) has risen 76.78% since May 22, 2017 and is uptrending. It has outperformed by 65.23% the S&P500.

Champlain Investment Partners Llc decreased its stake in Dover Corporation (DOV) by 26.47% based on its latest 2017Q4 regulatory filing with the SEC. Champlain Investment Partners Llc sold 191,065 shares as the company’s stock declined 2.34% with the market. The institutional investor held 530,815 shares of the industrial machinery and components company at the end of 2017Q4, valued at $53.61 million, down from 721,880 at the end of the previous reported quarter. Champlain Investment Partners Llc who had been investing in Dover Corporation for a number of months, seems to be less bullish one the $12.44B market cap company. The stock increased 1.73% or $1.37 during the last trading session, reaching $80.39. About 1.47 million shares traded. Dover Corporation (NYSE:DOV) has risen 25.93% since May 22, 2017 and is uptrending. It has outperformed by 14.38% the S&P500.

More notable recent Amazon.com, Inc. (NASDAQ:AMZN) news were published by: Bizjournals.com which released: “Now hiring: Amazon pieces together plans to open cashierless grocery store in SF” on May 15, 2018, also Livetradingnews.com with their article: “Amazon.com, Inc. (NASDAQ:AMZN) Bearish Divergence” published on May 21, 2018, Nasdaq.com published: “Blockchain: Party Like It’s 1999? Or 2000?” on May 21, 2018. More interesting news about Amazon.com, Inc. (NASDAQ:AMZN) were released by: Nasdaq.com and their article: “Amazon.com, Inc. (AMZN) Will Now Deliver to Your Car Trunk with Key In-Car” published on April 25, 2018 as well as Bizjournals.com‘s news article titled: “Editor’s Notebook: NC wants Apple and Amazon, but HB2 issues linger” with publication date: May 22, 2018.

Since December 7, 2017, it had 0 buys, and 15 insider sales for $49.01 million activity. WILKE JEFFREY A also sold $2.99 million worth of Amazon.com, Inc. (NASDAQ:AMZN) on Friday, February 23. ALBERG TOM A had sold 670 shares worth $1.01 million on Wednesday, February 21. Zapolsky David sold 2,216 shares worth $3.24 million. Another trade for 544 shares valued at $795,502 was made by Reynolds Shelley on Thursday, February 15. Jassy Andrew R sold $2.90 million worth of stock or 1,985 shares. $2.17 million worth of stock was sold by STONESIFER PATRICIA Q on Wednesday, May 2.

Among 55 analysts covering Amazon.com (NASDAQ:AMZN), 52 have Buy rating, 0 Sell and 3 Hold. Therefore 95% are positive. Amazon.com had 302 analyst reports since July 21, 2015 according to SRatingsIntel. Piper Jaffray maintained Amazon.com, Inc. (NASDAQ:AMZN) on Tuesday, January 9 with “Buy” rating. The firm has “Buy” rating by Macquarie Research given on Tuesday, February 13. The stock has “Buy” rating by Robert W. Baird on Wednesday, June 21. On Friday, February 2 the stock rating was maintained by Barclays Capital with “Buy”. The rating was maintained by Bank of America with “Buy” on Friday, February 2. The rating was maintained by JP Morgan on Thursday, April 7 with “Overweight”. On Sunday, October 22 the stock rating was maintained by Stifel Nicolaus with “Buy”. The stock of Amazon.com, Inc. (NASDAQ:AMZN) has “Buy” rating given on Friday, September 4 by Piper Jaffray. Piper Jaffray maintained the stock with “Buy” rating in Wednesday, July 12 report. Axiom Capital maintained Amazon.com, Inc. (NASDAQ:AMZN) on Friday, July 29 with “Buy” rating.

Tb Alternative Assets Ltd, which manages about $269.07M US Long portfolio, upped its stake in Alibaba Group Holding (NYSE:BABA) by 45,900 shares to 443,000 shares, valued at $76.39M in 2017Q4, according to the filing.

Analysts await Amazon.com, Inc. (NASDAQ:AMZN) to report earnings on July, 26. They expect $2.42 EPS, up 505.00% or $2.02 from last year’s $0.4 per share. AMZN’s profit will be $1.17 billion for 163.79 P/E if the $2.42 EPS becomes a reality. After $3.27 actual EPS reported by Amazon.com, Inc. for the previous quarter, Wall Street now forecasts -25.99% negative EPS growth.

Investors sentiment increased to 1.29 in 2017 Q4. Its up 0.03, from 1.26 in 2017Q3. It is positive, as 69 investors sold AMZN shares while 578 reduced holdings. 168 funds opened positions while 667 raised stakes. 280.02 million shares or 0.09% more from 279.77 million shares in 2017Q3 were reported. Essex Invest Mgmt Ltd Liability Corporation has 15,360 shares. Great West Life Assurance Can holds 0.91% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN) for 332,291 shares. Staley Advisers stated it has 0.26% in Amazon.com, Inc. (NASDAQ:AMZN). Huntington Commercial Bank stated it has 0.48% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). The New York-based Atalanta Sosnoff Cap Ltd Liability has invested 3.87% in Amazon.com, Inc. (NASDAQ:AMZN). Martingale Asset Mgmt LP has 17,073 shares for 0.26% of their portfolio. Sva Plumb Wealth Management Limited Co holds 741 shares or 0.1% of its portfolio. Boothbay Fund Mgmt Limited Liability has 0.52% invested in Amazon.com, Inc. (NASDAQ:AMZN). Secor Cap Advsr Limited Partnership stated it has 0.11% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Oakwood Cap Management Ltd Liability Corp Ca invested in 1.26% or 4,877 shares. Harvey Mgmt stated it has 2,840 shares. Annex Advisory Serv Limited Liability Com has 0.09% invested in Amazon.com, Inc. (NASDAQ:AMZN). First Citizens Bankshares accumulated 6,164 shares. Fagan Associate has 493 shares for 0.23% of their portfolio. Armistice Ltd Liability accumulated 0.58% or 5,000 shares.

Among 23 analysts covering Dover (NYSE:DOV), 12 have Buy rating, 0 Sell and 11 Hold. Therefore 52% are positive. Dover had 104 analyst reports since July 22, 2015 according to SRatingsIntel. UBS downgraded Dover Corporation (NYSE:DOV) on Wednesday, January 13 to “Sell” rating. The rating was maintained by Stifel Nicolaus with “Hold” on Friday, July 14. The rating was maintained by Citigroup with “Neutral” on Monday, October 9. The rating was maintained by RBC Capital Markets on Wednesday, January 17 with “Hold”. Oppenheimer maintained the stock with “Hold” rating in Thursday, July 20 report. The stock of Dover Corporation (NYSE:DOV) has “Hold” rating given on Friday, January 12 by Susquehanna. The company was downgraded on Tuesday, March 8 by Vertical Research. The rating was maintained by Stifel Nicolaus with “Hold” on Friday, July 21. RBC Capital Markets maintained Dover Corporation (NYSE:DOV) on Wednesday, July 5 with “Hold” rating. Robert W. Baird maintained it with “Buy” rating and $116.0 target in Tuesday, January 30 report.

Analysts await Dover Corporation (NYSE:DOV) to report earnings on July, 19. They expect $1.52 EPS, up 46.15% or $0.48 from last year’s $1.04 per share. DOV’s profit will be $235.12M for 13.22 P/E if the $1.52 EPS becomes a reality. After $1.16 actual EPS reported by Dover Corporation for the previous quarter, Wall Street now forecasts 31.03% EPS growth.

Since February 26, 2018, it had 1 buy, and 4 sales for $1.43 million activity. $336,600 worth of stock was sold by Goldberg Paul on Friday, March 9. Kosinski Anthony K sold $93,382 worth of Dover Corporation (NYSE:DOV) on Monday, February 26. Another trade for 635 shares valued at $61,908 was bought by Burns Patrick.

Champlain Investment Partners Llc, which manages about $6.04 billion and $8.84 billion US Long portfolio, upped its stake in Umb Financial Corporation (NASDAQ:UMBF) by 222,205 shares to 1.07 million shares, valued at $77.24M in 2017Q4, according to the filing. It also increased its holding in Inc Research Holdings Inc. Cl (NASDAQ:INCR) by 117,145 shares in the quarter, for a total of 592,995 shares, and has risen its stake in Ritchie Bros. Auctioneers Inco (NYSE:RBA).

Dover Corporation (NYSE:DOV) Institutional Positions Chart

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