Thermo Fisher Scientific (TMO) Position Raised by New South Capital Management Inc; Shareholder Contour Asset Management Has Upped Amazon Com (AMZN) Position

January 14, 2018 - By Hazel Jackson

Contour Asset Management Llc increased its stake in Amazon Com Inc (AMZN) by 47.02% based on its latest 2017Q3 regulatory filing with the SEC. Contour Asset Management Llc bought 29,341 shares as the company’s stock rose 13.58% with the market. The hedge fund held 91,741 shares of the consumer services company at the end of 2017Q3, valued at $88.20 million, up from 62,400 at the end of the previous reported quarter. Contour Asset Management Llc 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.

New South Capital Management Inc increased its stake in Thermo Fisher Scientific Inc. (TMO) by 1.35% based on its latest 2017Q3 regulatory filing with the SEC. New South Capital Management Inc bought 11,605 shares as the company’s stock rose 8.13% with the market. The institutional investor held 868,396 shares of the industrial machinery and components company at the end of 2017Q3, valued at $164.30M, up from 856,791 at the end of the previous reported quarter. New South Capital Management Inc who had been investing in Thermo Fisher Scientific Inc. for a number of months, seems to be bullish on the $84.28B market cap company. The stock increased 0.72% or $1.51 during the last trading session, reaching $210.17. About 1.49 million shares traded. Thermo Fisher Scientific Inc. (NYSE:TMO) has risen 15.57% since January 14, 2017 and is uptrending. It has underperformed by 1.13% the S&P500.

Among 18 analysts covering Thermo Fisher Scientific (NYSE:TMO), 17 have Buy rating, 0 Sell and 1 Hold. Therefore 94% are positive. Thermo Fisher Scientific had 53 analyst reports since July 24, 2015 according to SRatingsIntel. The stock has “Hold” rating by Jefferies on Friday, April 29. As per Thursday, July 23, the company rating was maintained by Mizuho. Cowen & Co maintained the shares of TMO in report on Wednesday, October 11 with “Buy” rating. The stock of Thermo Fisher Scientific Inc. (NYSE:TMO) earned “Americas Conviction Buy List” rating by Goldman Sachs on Tuesday, December 8. Jefferies maintained the stock with “Hold” rating in Tuesday, June 6 report. Jefferies maintained the shares of TMO in report on Thursday, July 13 with “Hold” rating. The stock has “Buy” rating by Cleveland on Thursday, July 20. The stock of Thermo Fisher Scientific Inc. (NYSE:TMO) earned “Buy” rating by Robert W. Baird on Monday, October 2. The stock has “Overweight” rating by JP Morgan on Thursday, September 22. The stock of Thermo Fisher Scientific Inc. (NYSE:TMO) earned “Neutral” rating by Cleveland on Friday, September 9.

Investors sentiment increased to 0.96 in Q3 2017. Its up 0.05, from 0.91 in 2017Q2. It is positive, as 51 investors sold TMO shares while 383 reduced holdings. 77 funds opened positions while 339 raised stakes. 333.20 million shares or 3.09% more from 323.23 million shares in 2017Q2 were reported. Fiduciary Finance Services Of The Southwest Inc Tx stated it has 1.8% in Thermo Fisher Scientific Inc. (NYSE:TMO). Kansas-based Koch Inc has invested 0.1% in Thermo Fisher Scientific Inc. (NYSE:TMO). Weitz Invest Management Inc stated it has 1.02% of its portfolio in Thermo Fisher Scientific Inc. (NYSE:TMO). Kbc Nv has 0.26% invested in Thermo Fisher Scientific Inc. (NYSE:TMO) for 149,671 shares. Verity Verity Llc owns 1,111 shares. Whittier Trust Of Nevada Inc invested in 10,755 shares. Mufg Americas Hldg Corp holds 0.12% or 19,604 shares. Suntrust Banks, a Georgia-based fund reported 103,695 shares. Lathrop Invest Management Corporation reported 91,157 shares. Deutsche National Bank & Trust Ag reported 0.24% stake. 263,762 are owned by Retirement Systems Of Alabama. Gamco Investors Et Al has invested 0.06% in Thermo Fisher Scientific Inc. (NYSE:TMO). Cipher LP holds 0.16% or 11,171 shares in its portfolio. 44,162 were reported by Pub Sector Pension Inv Board. Acg Wealth has invested 0.55% in Thermo Fisher Scientific Inc. (NYSE:TMO).

Since August 2, 2017, it had 0 insider purchases, and 7 insider sales for $18.71 million activity. Shares for $9.59 million were sold by CASPER MARC N on Friday, December 15. 4,140 shares were sold by HOOGASIAN SETH H, worth $736,092. 360 Thermo Fisher Scientific Inc. (NYSE:TMO) shares with value of $65,149 were sold by HARRIS C MARTIN. Shine Daniel P had sold 2,026 shares worth $366,645 on Wednesday, August 30. Shares for $5.28 million were sold by Herrema Gregory J. on Wednesday, August 2. MANZI JIM P sold $1.96M worth of Thermo Fisher Scientific Inc. (NYSE:TMO) on Thursday, August 17.

New South Capital Management Inc, which manages about $3.52B and $4.19B US Long portfolio, decreased its stake in Fedex Corp. (NYSE:FDX) by 3,545 shares to 337,938 shares, valued at $76.23 million in 2017Q3, according to the filing. It also reduced its holding in Brookfield Asset Mgmt Inc. Cla (NYSE:BAM) by 19,294 shares in the quarter, leaving it with 1.82 million shares, and cut its stake in Shire Plc Adr (NASDAQ:SHPG).

Since August 3, 2017, it had 0 buys, and 9 selling transactions for $16.47 million activity. Reynolds Shelley had sold 544 shares worth $536,666 on Tuesday, August 15. Olsavsky Brian T sold $2.31M worth of stock or 2,334 shares. On Tuesday, August 15 the insider Jassy Andrew R sold $1.96M. $2.30M worth of stock was sold by Zapolsky David on Tuesday, August 15. 2,077 Amazon.com, Inc. (NASDAQ:AMZN) shares with value of $2.05M were sold by Blackburn Jeffrey M.

Investors sentiment decreased to 1.26 in 2017 Q3. 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. Patten Group stated it has 0.02% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Moreover, Holderness Invs Communication has 2.62% invested in Amazon.com, Inc. (NASDAQ:AMZN) for 5,242 shares. Wade G W & Inc holds 0.4% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN) for 3,410 shares. Iconiq Capital Limited Liability reported 741 shares. Canandaigua Fincl Bank holds 529 shares or 0.1% of its portfolio. First Quadrant Ltd Partnership Ca holds 58,224 shares or 1.08% of its portfolio. 2,475 are owned by Mechanics Commercial Bank Trust Department. Moreover, Gamco Invsts Et Al has 0.02% invested in Amazon.com, Inc. (NASDAQ:AMZN). Robecosam Ag has invested 0.01% in Amazon.com, Inc. (NASDAQ:AMZN). 252,264 are owned by Artisan Partners Partnership. Budros Ruhlin And Roe owns 1,297 shares for 0.38% of their portfolio. Ssi Management holds 0.08% or 1,001 shares in its portfolio. California State Teachers Retirement Systems holds 667,686 shares. 18,005 were reported by Thornburg Inc. Glg Ltd has invested 1.32% in Amazon.com, Inc. (NASDAQ:AMZN).

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