Amazon.com, Inc. (AMZN) Shares Sold by Capital International Ltd. CA
Capital International Ltd. CA trimmed its position in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 10.8% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 17,355 shares of the e-commerce giant’s stock after selling 2,100 shares during the quarter. Capital International Ltd. CA’s holdings in Amazon.com were worth $16,684,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Whitnell & Co. raised its holdings in Amazon.com by 581.3% in the 3rd quarter. Whitnell & Co. now owns 109 shares of the e-commerce giant’s stock worth $105,000 after purchasing an additional 93 shares during the period. Vestor Capital LLC raised its holdings in Amazon.com by 10.1% in the 2nd quarter. Vestor Capital LLC now owns 109 shares of the e-commerce giant’s stock worth $106,000 after purchasing an additional 10 shares during the period. Mountain Capital Investment Advisors Inc bought a new position in Amazon.com in the 2nd quarter worth $121,000. Lee Financial Co raised its holdings in Amazon.com by 285.7% in the 3rd quarter. Lee Financial Co now owns 135 shares of the e-commerce giant’s stock worth $130,000 after purchasing an additional 100 shares during the period. Finally, Stelac Advisory Services LLC bought a new position in Amazon.com in the 3rd quarter worth $131,000. 59.39% of the stock is currently owned by hedge funds and other institutional investors.
AMZN has been the topic of a number of recent research reports. Vetr cut Amazon.com from a “hold” rating to a “sell” rating and set a $1,346.44 target price on the stock. in a report on Monday, January 29th. Wells Fargo & Co raised their target price on Amazon.com to $1,525.00 and gave the stock an “outperform” rating in a report on Friday, December 1st. They noted that the move was a valuation call. Goldman Sachs Group reaffirmed a “conviction-buy” rating on shares of Amazon.com in a report on Friday, February 2nd. UBS Group reaffirmed a “buy” rating on shares of Amazon.com in a report on Friday, December 1st. Finally, BidaskClub raised Amazon.com from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 24th. Four research analysts have rated the stock with a hold rating, forty-eight have issued a buy rating and two have assigned a strong buy rating to the company. Amazon.com has a consensus rating of “Buy” and a consensus price target of $1,460.91.
Amazon.com, Inc. (NASDAQ:AMZN) opened at $1,500.25 on Monday. The company has a market capitalization of $726,281.81, a PE ratio of 329.00, a P/E/G ratio of 6.60 and a beta of 1.54. Amazon.com, Inc. has a 12-month low of $833.50 and a 12-month high of $1,528.70. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.04 and a quick ratio of 0.76.
Amazon.com (NASDAQ:AMZN) last released its quarterly earnings results on Thursday, February 1st. The e-commerce giant reported $2.16 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.85 by $0.31. The company had revenue of $60.45 billion during the quarter, compared to analyst estimates of $59.85 billion. Amazon.com had a return on equity of 9.23% and a net margin of 1.71%. The firm’s revenue was up 38.2% on a year-over-year basis. During the same quarter last year, the business posted $1.54 earnings per share. analysts expect that Amazon.com, Inc. will post 8.49 EPS for the current year.
Amazon.com, Inc offers a range of products and services through its Websites. The Company operates through three segments: North America, International and Amazon Web Services (AWS). The Company’s products include merchandise and content that it purchases for resale from vendors and those offered by third-party sellers.
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