Fort Washington Investment Advisors Inc. OH reduced its holdings in Amazon.com (NASDAQ:AMZN) by 2.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 187,411 shares of the e-commerce giant’s stock after selling 3,868 shares during the period. Amazon.com comprises 2.8% of Fort Washington Investment Advisors Inc. OH’s holdings, making the stock its 4th largest position. Fort Washington Investment Advisors Inc. OH’s holdings in Amazon.com were worth $271,247,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also modified their holdings of AMZN. Broadleaf Partners LLC acquired a new stake in shares of Amazon.com in the fourth quarter worth approximately $6,772,000. Bank of Montreal Can boosted its stake in shares of Amazon.com by 9.6% in the fourth quarter. Bank of Montreal Can now owns 558,105 shares of the e-commerce giant’s stock worth $652,687,000 after acquiring an additional 48,847 shares during the last quarter. Kistler Tiffany Companies LLC boosted its stake in shares of Amazon.com by 15.2% in the fourth quarter. Kistler Tiffany Companies LLC now owns 486 shares of the e-commerce giant’s stock worth $568,000 after acquiring an additional 64 shares during the last quarter. Suntrust Banks Inc. boosted its stake in shares of Amazon.com by 14.9% in the fourth quarter. Suntrust Banks Inc. now owns 67,992 shares of the e-commerce giant’s stock worth $79,513,000 after acquiring an additional 8,806 shares during the last quarter. Finally, CAPROCK Group Inc. boosted its stake in shares of Amazon.com by 29.3% in the fourth quarter. CAPROCK Group Inc. now owns 4,347 shares of the e-commerce giant’s stock worth $5,674,000 after acquiring an additional 986 shares during the last quarter. 56.62% of the stock is currently owned by institutional investors.
Get Amazon.com alerts:In related news, SVP Jeffrey M. Blackburn sold 2,054 shares of the business’s stock in a transaction on Tuesday, May 15th. The stock was sold at an average price of $1,574.11, for a total transaction of $3,233,221.94. Following the completion of the transaction, the senior vice president now directly owns 44,541 shares of the company’s stock, valued at approximately $70,112,433.51. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Brian T. Olsavsky sold 2,028 shares of the business’s stock in a transaction on Tuesday, May 15th. The stock was sold at an average price of $1,587.50, for a total value of $3,219,450.00. Following the transaction, the chief financial officer now directly owns 1,781 shares of the company’s stock, valued at $2,827,337.50. The disclosure for this sale can be found here. Insiders have sold a total of 10,993 shares of company stock valued at $17,357,939 over the last three months. 16.30% of the stock is currently owned by insiders.
A number of analysts have recently issued reports on the company. BidaskClub raised Amazon.com from a “buy” rating to a “strong-buy” rating in a research note on Saturday. DA Davidson reaffirmed a “buy” rating and issued a $2,100.00 price target on shares of Amazon.com in a research note on Thursday, June 14th. Morningstar reaffirmed a “neutral” rating on shares of Amazon.com in a research note on Wednesday, June 13th. Macquarie reaffirmed a “buy” rating on shares of Amazon.com in a research note on Monday, June 11th. Finally, Morgan Stanley set a $1,700.00 price target on Amazon.com and gave the stock a “buy” rating in a research note on Saturday, June 9th. Two equities research analysts have rated the stock with a hold rating, fifty-one have issued a buy rating and two have issued a strong buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $1,715.55.
Amazon.com opened at $1,723.79 on Tuesday, according to MarketBeat. Amazon.com has a 12 month low of $931.75 and a 12 month high of $1,726.74. The firm has a market cap of $832.63 billion, a P/E ratio of 378.85, a P/E/G ratio of 4.46 and a beta of 1.59. The company has a quick ratio of 0.77, a current ratio of 1.06 and a debt-to-equity ratio of 0.78.
Amazon.com (NASDAQ:AMZN) last released its earnings results on Thursday, April 26th. The e-commerce giant reported $3.27 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.80 by $1.47. Amazon.com had a return on equity of 11.77% and a net margin of 2.04%. The firm had revenue of $51.04 billion during the quarter, compared to analysts’ expectations of $49.94 billion. During the same period in the previous year, the firm posted $1.48 EPS. Amazon.com’s revenue for the quarter was up 42.9% on a year-over-year basis. research analysts forecast that Amazon.com will post 12.73 EPS for the current fiscal year.
Amazon.com Company Profile
Amazon.com, Inc engages in the retail sale of consumer products and subscriptions in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS) segments. It sells merchandise and content purchased for resale from vendors, as well as those offered by third-party sellers through physical stores and 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.
No comments:
Post a Comment