Texan Capital Management Position in Amazon Com (AMZN) Boosted by $354,609; Praxair (PX) Share Price Rose While Victory Capital Management Has Lowered Its Stake

January 14, 2018 - By Dolores Ford

Texan Capital Management increased its stake in Amazon Com Inc (AMZN) by 9.83% based on its latest 2017Q3 regulatory filing with the SEC. Texan Capital Management bought 369 shares as the company’s stock rose 13.58% with the market. The institutional investor held 4,121 shares of the consumer services company at the end of 2017Q3, valued at $3.96 million, up from 3,752 at the end of the previous reported quarter. Texan Capital Management who had been investing in Amazon Com Inc for a number of months, seems to be bullish on the $628.94B 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 53.23% up from the average. Amazon.com, Inc. (NASDAQ:AMZN) has risen 37.41% since January 14, 2017 and is uptrending. It has outperformed by 20.71% the S&P500.

Victory Capital Management Inc decreased its stake in Praxair Inc (PX) by 76.9% based on its latest 2017Q3 regulatory filing with the SEC. Victory Capital Management Inc sold 82,144 shares as the company’s stock rose 10.06% with the market. The institutional investor held 24,669 shares of the basic industries company at the end of 2017Q3, valued at $3.45 million, down from 106,813 at the end of the previous reported quarter. Victory Capital Management Inc who had been investing in Praxair Inc for a number of months, seems to be less bullish one the $47.00 billion market cap company. The stock increased 0.21% or $0.34 during the last trading session, reaching $164.15. About 2.64 million shares traded or 58.01% up from the average. Praxair, Inc. (NYSE:PX) has risen 17.42% since January 14, 2017 and is uptrending. It has outperformed by 0.72% the S&P500.

Investors sentiment increased to 1.08 in 2017 Q3. Its up 0.18, from 0.9 in 2017Q2. It improved, as 39 investors sold PX shares while 277 reduced holdings. 83 funds opened positions while 258 raised stakes. 235.36 million shares or 0.26% less from 235.97 million shares in 2017Q2 were reported. Johnson Financial Gru Incorporated invested 0.01% in Praxair, Inc. (NYSE:PX). Fiera Capital owns 597,318 shares for 0.4% of their portfolio. Fulton Breakefield Broenniman Limited Liability Corp has 1.08% invested in Praxair, Inc. (NYSE:PX) for 44,333 shares. Exane Derivatives has 492 shares for 0.01% of their portfolio. Schroder Mngmt Group has 107,164 shares. Cap Mgmt Corporation Va invested in 1,882 shares. Bank Of Nova Scotia has invested 0.04% of its portfolio in Praxair, Inc. (NYSE:PX). Ci Global Invests Inc holds 1.98 million shares. Pictet Bancorporation Limited holds 0.07% of its portfolio in Praxair, Inc. (NYSE:PX) for 1,700 shares. California State Teachers Retirement stated it has 0.15% of its portfolio in Praxair, Inc. (NYSE:PX). Chemical Natl Bank has 10,073 shares for 0.16% of their portfolio. Bronson Point Ltd Company invested in 0.9% or 20,000 shares. Ameriprise Inc holds 0.02% in Praxair, Inc. (NYSE:PX) or 272,538 shares. Clark Capital stated it has 0.01% of its portfolio in Praxair, Inc. (NYSE:PX). Williams Jones Assocs reported 4,025 shares.

Among 21 analysts covering Praxair (NYSE:PX), 11 have Buy rating, 3 Sell and 7 Hold. Therefore 52% are positive. Praxair had 44 analyst reports since August 12, 2015 according to SRatingsIntel. The rating was maintained by Citigroup on Monday, April 18 with “Neutral”. The firm earned “Accumulate” rating on Wednesday, January 13 by Seaport Global Securities. The rating was reinitiated by Bank of America with “Underperform” on Friday, January 22. The stock has “Underperform” rating by CLSA on Thursday, December 22. UBS maintained the stock with “Neutral” rating in Wednesday, November 18 report. Susquehanna maintained the shares of PX in report on Tuesday, November 7 with “Buy” rating. The firm has “Sector Weight” rating by KeyBanc Capital Markets given on Tuesday, February 2. Argus Research upgraded the shares of PX in report on Monday, November 13 to “Buy” rating. The firm earned “Hold” rating on Friday, September 1 by KeyBanc Capital Markets. The rating was upgraded by Susquehanna to “Positive” on Thursday, September 7.

Victory Capital Management Inc, which manages about $35.27 billion and $44.51B US Long portfolio, upped its stake in Conocophillips (NYSE:COP) by 269,327 shares to 298,186 shares, valued at $14.92M in 2017Q3, according to the filing. It also increased its holding in Bancorpsouth Inc (NYSE:BXS) by 397,740 shares in the quarter, for a total of 1.18 million shares, and has risen its stake in Physicians Rlty Tr (NYSE:DOC).

Analysts await Praxair, Inc. (NYSE:PX) to report earnings on January, 25. They expect $1.48 EPS, up 4.96% or $0.07 from last year’s $1.41 per share. PX’s profit will be $423.73M for 27.73 P/E if the $1.48 EPS becomes a reality. After $1.50 actual EPS reported by Praxair, Inc. for the previous quarter, Wall Street now forecasts -1.33% negative EPS growth.

Investors sentiment decreased to 1.26 in Q3 2017. Its down 0.10, from 1.36 in 2017Q2. It fall, 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. Tb Alternative Assets holds 11,700 shares. Fisher Asset Mngmt Ltd Limited Liability Company holds 1.76 million shares. Richard Bernstein Advisors reported 0.85% in Amazon.com, Inc. (NASDAQ:AMZN). Blair William Il reported 284,724 shares. The Michigan-based Ally Financial has invested 1.01% in Amazon.com, Inc. (NASDAQ:AMZN). The California-based Hanson Mcclain has invested 0.02% in Amazon.com, Inc. (NASDAQ:AMZN). The Georgia-based Gw Henssler And Assocs Ltd has invested 0.03% in Amazon.com, Inc. (NASDAQ:AMZN). Leavell Investment Mngmt holds 394 shares or 0.05% of its portfolio. Moreover, Brinker Capital Incorporated has 0.35% invested in Amazon.com, Inc. (NASDAQ:AMZN) for 8,822 shares. Moreover, Kelly Lawrence W & Assoc Ca has 0.02% invested in Amazon.com, Inc. (NASDAQ:AMZN). Carret Asset Mngmt Ltd Liability has 481 shares for 0.07% of their portfolio. Dumont & Blake Invest Advsrs Lc reported 280 shares. Texan Cap Management holds 4,121 shares or 2.62% of its portfolio. Moreover, Northern has 1.2% invested in Amazon.com, Inc. (NASDAQ:AMZN). Herald Investment Mngmt Limited holds 2,000 shares.

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. Macquarie Research maintained the stock with “Outperform” rating in Tuesday, December 22 report. The firm earned “Buy” rating on Friday, January 20 by Aegis Capital. The rating was maintained by SunTrust on Monday, October 2 with “Buy”. The company was maintained on Friday, October 23 by Stifel Nicolaus. The stock of Amazon.com, Inc. (NASDAQ:AMZN) has “Outperform” rating given on Wednesday, July 22 by JMP Securities. On Wednesday, January 3 the stock rating was maintained by Cowen & Co with “Buy”. On Friday, September 30 the stock rating was initiated by Guggenheim with “Buy”. The firm has “Buy” rating given on Friday, June 16 by Stifel Nicolaus. Robert W. Baird maintained the shares of AMZN in report on Monday, September 11 with “Buy” rating. The firm has “Buy” rating given on Wednesday, June 28 by Piper Jaffray.

Since August 3, 2017, it had 0 buys, and 9 selling transactions for $16.47 million activity. 1,985 shares were sold by Jassy Andrew R, worth $1.96 million. Olsavsky Brian T also sold $2.31 million worth of Amazon.com, Inc. (NASDAQ:AMZN) on Tuesday, August 15. On Thursday, December 7 the insider WILKE JEFFREY A sold $3.25M. Shares for $536,666 were sold by Reynolds Shelley on Tuesday, August 15. Another trade for 2,334 shares valued at $2.30M was made by Zapolsky David on Tuesday, August 15.

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