Wesbanco Bank Inc. Increases Holdings in Amazon.com, Inc. (NASDAQ:AMZN)

08 December, 2017, 01:50 | Author: Darnell Patrick
  • Amazon box FBN reuters

The rating was maintained by Barclays Capital on Tuesday, December 1 with "Overweight". The rating was downgraded by Stifel Nicolaus to "Hold" on Thursday, November 3.

Klingenstein Fields & Co Llc increased its stake in Amazon.Com Inc (AMZN) by 1.9% based on its latest 2017Q2 regulatory filing with the SEC. Finally, MKM Partners reaffirmed a buy rating and set a $1,275.00 price objective on shares of Amazon.com in a report on Wednesday, August 30th. Facebook has $235.0 highest and $88 lowest target. The stock increased 1.03% or $11.74 during the last trading session, reaching $1153.31. The fund owned 58,397 shares of the e-commerce giant's stock after buying an additional 1,110 shares during the quarter.

Amazon.com, Inc. (NASDAQ:AMZN) has continued to be one of the hottest-performing stocks on the NASDAQ this year, yielding returns of 54%. It has outperformed by 20.71% the S&P500. Argus decreased their target price on Amazon.com from $1,050.00 to $935.00 and set a "buy" rating for the company in a research report on Monday, May 1st. Therefore 92% are positive. Amazon.com had 238 analyst reports since July 21, 2015 according to SRatingsIntel. Raymond James upgraded the stock to "Outperform" rating in Thursday, August 27 report. Maverick Cap Limited holds 0.05% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN) has "Buy" rating given on Monday, October 9 by Robert W. Baird. Ray Gerald L & Associates Ltd. now owns 4,298 shares of the e-commerce giant's stock worth $4,160,000 after buying an additional 156 shares during the period. The firm has "Buy" rating given on Friday, April 29 by Citigroup. The firm has "Outperform" rating by Wedbush given on Friday, April 29. RBC Capital Markets maintained Amazon.com, Inc. (NASDAQ:AMZN) for 625 shares. UBS maintained it with "Buy" rating and $700 target in Friday, October 23 report. Finally, Swiss National Bank raised its position in Amazon.com by 3.5% in the 2nd quarter. The stock has "Outperform" rating by JMP Securities on Wednesday, July 22. As per Wednesday, October 5, the company rating was maintained by Morgan Stanley. Harding Loevner LP holds 0.77% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Hedeker Wealth Limited Liability reported 1,985 shares. They expect $1.96 earnings per share, up 27.27% or $0.42 from last year's $1.54 per share. AMZN's profit will be $944.47 million for 148.10 P/E if the $1.96 EPS becomes a reality.


Investors sentiment decreased to 1.36 in 2017 Q2. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.03 and a quick ratio of 0.74. State Street Corp raised its position in Amazon.com by 1.1% in the 1st quarter. 285.20 million shares or 2.71% less from 293.14 million shares in 2017Q1 were reported. Da Davidson reported 21,314 shares or 0.47% of all its holdings. The California-based Cornerstone Capital Inc. has invested 2.41% in the stock. During the same quarter in the previous year, the company earned $0.52 earnings per share. equities research analysts forecast that Amazon.com, Inc. will post 4.24 earnings per share for the current fiscal year. (NASDAQ:AMZN) for 664 shares. Tom Alberg has seen steady activity on the sell side, and on November 27, 2017, executed an option to sell 835 shares. Wetherby Asset Mngmt holds 1.16% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN) for 55,603 shares. Blair William & Il accumulated 2.04% or 281,301 shares. Management Corp Va holds 298 shares. Addison Capital Company bought 3,382 shares as the company's stock rose 10.88% with the market. The stock of Amazon.com, Inc.

Ashfield Capital Partners Llc increased American Wtr Wks Co Inc New (NYSE:AWK) stake by 8,650 shares to 40,485 valued at $3.16M in 2017Q2. The fund owned 21,448 shares of the e-commerce giant's stock after acquiring an additional 493 shares during the period. Employees Retirement Association Of Colorado accumulated 294,078 shares. Pennsylvania Trust Co holds 12,238 shares or 0.58% of its portfolio. Wallington Asset Management Ltd Liability holds 1,978 shares. Jacobus Wealth Management Inc. acquired a new position in shares of Amazon.com during the first quarter worth approximately $113,000. Its down 0.34, from 1.7 in 2017Q1. Bryn Mawr Tru reported 0.29% stake. Deutsche Financial Bank Ag has 0% invested in Cempra, Inc. Pioneer Investment reported 1.85% stake. Bedell Frazier Inv Counseling Limited Liability Corporation stated it has 3.06% of its portfolio in Amazon.com, Inc. (NASDAQ:CEMP) for 290,398 shares. Centurylink Invest Mgmt holds 2.12% or 6,493 shares. Fincl Bank Of America De has 10,492 shares. 285.20 million shares or 2.71% less from 293.14 million shares in 2017Q1 were reported. Pub Employees Retirement Association Of Colorado reported 12,384 shares. Goodwin Daniel L holds 300 shares. Ironwood Investment Counsel Ltd Company has invested 0.19% in Amazon.com, Inc. Amazon.com's quarterly revenue was up 33.7% on a year-over-year basis. (NASDAQ:AMZN). Ashford Cap Mngmt has invested 0.26% in Amazon.com, Inc. Ftb Inc stated it has 0.06% in The Southern Company (NYSE:SO). Cibc Ww Mkts Inc reported 96,516 shares. Truepoint Incorporated holds 0.06% or 606 shares. (NASDAQ:CEMP) or 428,467 shares. The firm has a market cap of $546,418.94, a price-to-earnings ratio of 287.80, a P/E/G ratio of 14.21 and a beta of 1.47. The firm is also developing fusidic acid, an antibiotic, which is in Phase III clinical trials for the treatment of acute bacterial skin and skin structure infections.

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