Amazon Com (AMZN) Shareholder Botty Investors Boosted Holding by $1.48 Million as Valuation Rose; Salzhauer Michael Decreased Bank New York Mellon (BK) Stake as Share Price Declined

January 13, 2018 - By Peter Kolinski

Botty Investors Llc increased its stake in Amazon Com Inc (AMZN) by 25.27% based on its latest 2017Q3 regulatory filing with the SEC. Botty Investors Llc bought 1,540 shares as the company’s stock rose 13.58% with the market. The institutional investor held 7,633 shares of the consumer services company at the end of 2017Q3, valued at $7.34M, up from 6,093 at the end of the previous reported quarter. Botty Investors Llc who had been investing in Amazon Com Inc for a number of months, seems to be bullish on the $628.94 billion market cap company. The stock increased 2.23% or $28.52 during the last trading session, reaching $1305.2. About 5.44 million shares traded or 54.00% up from the average. Amazon.com, Inc. (NASDAQ:AMZN) has risen 37.41% since January 13, 2017 and is uptrending. It has outperformed by 20.71% the S&P500.

Salzhauer Michael decreased its stake in Bank New York Mellon Corp (BK) by 95.09% based on its latest 2017Q3 regulatory filing with the SEC. Salzhauer Michael sold 38,795 shares as the company’s stock declined 1.27% while stock markets rallied. The institutional investor held 2,005 shares of the major banks company at the end of 2017Q3, valued at $106,000, down from 40,800 at the end of the previous reported quarter. Salzhauer Michael who had been investing in Bank New York Mellon Corp for a number of months, seems to be less bullish one the $59.82 billion market cap company. The stock increased 1.02% or $0.59 during the last trading session, reaching $58.42. About 3.48M shares traded. The Bank of New York Mellon Corporation (NYSE:BK) has risen 13.98% since January 13, 2017 and is uptrending. It has underperformed by 2.72% the S&P500.

Among 50 analysts covering Amazon.com (NASDAQ:AMZN), 47 have Buy rating, 0 Sell and 3 Hold. Therefore 94% are positive. Amazon.com had 246 analyst reports since July 21, 2015 according to SRatingsIntel. RBC Capital Markets maintained the shares of AMZN in report on Thursday, August 10 with “Buy” rating. The company was maintained on Wednesday, September 27 by Needham. The firm has “Buy” rating given on Thursday, February 18 by Canaccord Genuity. The company was maintained on Sunday, July 23 by KeyBanc Capital Markets. The firm has “Buy” rating by Piper Jaffray given on Friday, October 27. The firm has “Buy” rating given on Monday, December 28 by Axiom Capital. The rating was maintained by Piper Jaffray on Friday, September 4 with “Buy”. The rating was maintained by UBS with “Buy” on Friday, July 24. The rating was maintained by Monness Crespi & Hardt on Friday, July 24 with “Buy”. The stock of Amazon.com, Inc. (NASDAQ:AMZN) earned “Buy” rating by Canaccord Genuity on Monday, October 23.

Since August 3, 2017, it had 0 insider buys, and 9 insider sales for $16.47 million activity. 1,985 shares were sold by Jassy Andrew R, worth $1.96 million on Tuesday, August 15. Zapolsky David had sold 2,334 shares worth $2.30M. Blackburn Jeffrey M sold $2.05 million worth of stock. Olsavsky Brian T sold $2.31 million worth of stock. On Tuesday, August 15 Reynolds Shelley sold $536,666 worth of Amazon.com, Inc. (NASDAQ:AMZN) or 544 shares.

Investors sentiment decreased to 1.26 in Q3 2017. Its down 0.10, from 1.36 in 2017Q2. It worsened, as 73 investors sold AMZN shares while 549 reduced holdings. 127 funds opened positions while 657 raised stakes. 279.77 million shares or 1.91% less from 285.20 million shares in 2017Q2 were reported. Sentinel Asset Mngmt accumulated 16,200 shares or 0.37% of the stock. First Company stated it has 0.65% in Amazon.com, Inc. (NASDAQ:AMZN). Castleark Limited Company accumulated 51,832 shares. Mitchell Cap Commerce, a Kansas-based fund reported 10,918 shares. Central Asset Investments & Mgmt (Hk) Ltd invested in 0.15% or 1,480 shares. Burke And Herbert Bankshares And Company holds 0.33% or 379 shares. Front Barnett Lc holds 1.65% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN) for 9,774 shares. Fincl Engines Advsrs Ltd Liability Corporation reported 278 shares. Sit Investment Assocs Inc holds 5,965 shares or 0.14% of its portfolio. 981 were reported by Parsec Finance. Martin Currie has invested 0.37% in Amazon.com, Inc. (NASDAQ:AMZN). Baring Asset Mngmt Limited reported 0.15% in Amazon.com, Inc. (NASDAQ:AMZN). Louisiana State Employees Retirement System reported 1.12% stake. Advantus Capital Management owns 1.01% invested in Amazon.com, Inc. (NASDAQ:AMZN) for 40,658 shares. 10,382 are held by Adell Harriman And Carpenter.

Botty Investors Llc, which manages about $342.21M and $313.93M US Long portfolio, decreased its stake in Spdr S&P 500 Etf (SPY) by 8,500 shares to 23,314 shares, valued at $5.89 million in 2017Q3, according to the filing.

Investors sentiment increased to 1.01 in 2017 Q3. Its up 0.12, from 0.89 in 2017Q2. It improved, as 34 investors sold BK shares while 306 reduced holdings. 90 funds opened positions while 254 raised stakes. 832.75 million shares or 0.16% more from 831.44 million shares in 2017Q2 were reported. Plante Moran Advisors Lc holds 0.01% or 337 shares. 1.25 million were accumulated by Adage Capital Prtn Ltd Liability Corp. Qci Asset Management Ny invested 0.01% of its portfolio in The Bank of New York Mellon Corporation (NYSE:BK). Dixon Hubard Feinour & Brown Va invested 0.41% in The Bank of New York Mellon Corporation (NYSE:BK). Winslow Evans Crocker owns 8,898 shares. Ifc Fl has invested 0.02% in The Bank of New York Mellon Corporation (NYSE:BK). Toronto Dominion National Bank holds 403,057 shares or 0.07% of its portfolio. Bnp Paribas Arbitrage invested in 900,627 shares. Schaller Investment Gp has invested 0.21% of its portfolio in The Bank of New York Mellon Corporation (NYSE:BK). The Pennsylvania-based Guyasuta Investment Advisors has invested 0.15% in The Bank of New York Mellon Corporation (NYSE:BK). Berkshire Hathaway reported 1.5% in The Bank of New York Mellon Corporation (NYSE:BK). Usca Ria Ltd accumulated 9,728 shares. Farmers Fincl Bank accumulated 42,494 shares or 1.37% of the stock. Parsons Cap Management Ri invested in 0.3% or 47,702 shares. 51,154 were accumulated by Dreman Value Management L L C.

Analysts await The Bank of New York Mellon Corporation (NYSE:BK) to report earnings on January, 18. They expect $0.91 earnings per share, up 18.18% or $0.14 from last year’s $0.77 per share. BK’s profit will be $931.85 million for 16.05 P/E if the $0.91 EPS becomes a reality. After $0.98 actual earnings per share reported by The Bank of New York Mellon Corporation for the previous quarter, Wall Street now forecasts -7.14% negative EPS growth.

Among 23 analysts covering The Bank Of New York Mellon Corporation (NYSE:BK), 11 have Buy rating, 1 Sell and 11 Hold. Therefore 48% are positive. The Bank Of New York Mellon Corporation had 68 analyst reports since July 22, 2015 according to SRatingsIntel. RBC Capital Markets maintained The Bank of New York Mellon Corporation (NYSE:BK) on Friday, October 6 with “Hold” rating. The stock of The Bank of New York Mellon Corporation (NYSE:BK) has “Buy” rating given on Thursday, September 17 by Bank of America. The rating was downgraded by Buckingham Research to “Neutral” on Monday, November 21. The company was maintained on Tuesday, January 3 by Barclays Capital. The firm has “Hold” rating given on Monday, October 10 by . Deutsche Bank maintained The Bank of New York Mellon Corporation (NYSE:BK) on Friday, January 8 with “Buy” rating. As per Wednesday, April 5, the company rating was maintained by RBC Capital Markets. UBS maintained The Bank of New York Mellon Corporation (NYSE:BK) rating on Friday, January 22. UBS has “Buy” rating and $42 target. The stock of The Bank of New York Mellon Corporation (NYSE:BK) earned “Hold” rating by Jefferies on Wednesday, April 12. Credit Suisse downgraded the shares of BK in report on Monday, April 24 to “Neutral” rating.

Salzhauer Michael, which manages about $233.18 million US Long portfolio, upped its stake in Suntrust Bks Inc (NYSE:STI) by 13,787 shares to 24,187 shares, valued at $1.45 million in 2017Q3, according to the filing. It also increased its holding in Fifth Third Bancorp (NASDAQ:FITB) by 86,009 shares in the quarter, for a total of 100,609 shares, and has risen its stake in Keycorp New (NYSE:KEY).

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