Amazon Com (AMZN) Shareholder Hilton Capital Management Cut Its Holding by $685,034; As Installed Bldg Prods (IBP) Share Price Declined, Rk Capital Management Has Cut Holding

May 27, 2018 - By Peter Kolinski

Installed Building Products, Inc. (NYSE:IBP) Logo

Hilton Capital Management Llc decreased its stake in Amazon Com Inc (AMZN) by 8.59% based on its latest 2017Q4 regulatory filing with the SEC. Hilton Capital Management Llc sold 586 shares as the company’s stock rose 28.13% while stock markets declined. The hedge fund held 6,233 shares of the consumer services company at the end of 2017Q4, valued at $7.29M, down from 6,819 at the end of the previous reported quarter. Hilton Capital Management Llc who had been investing in Amazon Com Inc for a number of months, seems to be less bullish one the $781.29 billion market cap company. The stock increased 0.44% or $7.08 during the last trading session, reaching $1610.15. About 2.48M shares traded. Amazon.com, Inc. (NASDAQ:AMZN) has risen 76.78% since May 27, 2017 and is uptrending. It has outperformed by 65.23% the S&P500.

Rk Capital Management Llc decreased its stake in Installed Bldg Prods Inc (IBP) by 25.3% based on its latest 2017Q4 regulatory filing with the SEC. Rk Capital Management Llc sold 45,000 shares as the company’s stock declined 19.53% with the market. The hedge fund held 132,836 shares of the basic industries company at the end of 2017Q4, valued at $10.09M, down from 177,836 at the end of the previous reported quarter. Rk Capital Management Llc who had been investing in Installed Bldg Prods Inc for a number of months, seems to be less bullish one the $1.95 billion market cap company. The stock increased 1.56% or $0.95 during the last trading session, reaching $61.75. About 154,827 shares traded. Installed Building Products, Inc. (NYSE:IBP) has risen 15.96% since May 27, 2017 and is uptrending. It has outperformed by 4.41% the S&P500.

Since December 7, 2017, it had 0 buys, and 3 selling transactions for $5.39 million activity. 50,000 shares were sold by NIXON J MICHAEL, worth $3.68 million on Thursday, December 7.

Rk Capital Management Llc, which manages about $857.26M and $475.26M US Long portfolio, upped its stake in Interdigital Inc (NASDAQ:IDCC) by 22,700 shares to 54,288 shares, valued at $4.13M in 2017Q4, according to the filing. It also increased its holding in Kennametal Inc (NYSE:KMT) by 99,400 shares in the quarter, for a total of 224,400 shares, and has risen its stake in Douglas Dynamics Inc (NYSE:PLOW).

Investors sentiment decreased to 1.25 in Q4 2017. Its down 0.24, from 1.49 in 2017Q3. It fall, as 14 investors sold IBP shares while 51 reduced holdings. 27 funds opened positions while 54 raised stakes. 21.10 million shares or 2.85% more from 20.52 million shares in 2017Q3 were reported. Pub Sector Pension Invest Board holds 0.01% of its portfolio in Installed Building Products, Inc. (NYSE:IBP) for 13,261 shares. Louisiana State Employees Retirement Sys owns 9,000 shares for 0.03% of their portfolio. Menta Limited has 14,902 shares. Ubs Asset Management Americas, Illinois-based fund reported 14,316 shares. Principal Gp reported 0.03% in Installed Building Products, Inc. (NYSE:IBP). Ameritas Inv Prtn holds 1,894 shares or 0.01% of its portfolio. 2,490 are owned by Royal Natl Bank Of Canada. Wells Fargo & Mn holds 45,061 shares or 0% of its portfolio. 11 were reported by Parkside Comml Bank &. Fisher Asset Ltd Liability Corporation accumulated 85,937 shares or 0.01% of the stock. American Int Inc holds 0% or 17,089 shares. Voya Investment Management Ltd holds 0% or 9,902 shares. Swiss Financial Bank owns 38,033 shares. Icon Advisers has 0.03% invested in Installed Building Products, Inc. (NYSE:IBP) for 5,200 shares. New York State Teachers Retirement System, a New York-based fund reported 11,740 shares.

Analysts await Installed Building Products, Inc. (NYSE:IBP) to report earnings on August, 3. They expect $0.83 EPS, up 118.42% or $0.45 from last year’s $0.38 per share. IBP’s profit will be $26.16 million for 18.60 P/E if the $0.83 EPS becomes a reality. After $0.20 actual EPS reported by Installed Building Products, Inc. for the previous quarter, Wall Street now forecasts 315.00% EPS growth.

Among 14 analysts covering Installed Building Products (NYSE:IBP), 13 have Buy rating, 0 Sell and 1 Hold. Therefore 93% are positive. Installed Building Products had 35 analyst reports since July 30, 2015 according to SRatingsIntel. As per Thursday, March 17, the company rating was upgraded by SunTrust. The stock of Installed Building Products, Inc. (NYSE:IBP) earned “Hold” rating by KeyBanc Capital Markets on Tuesday, October 31. The firm has “Hold” rating by Zelman given on Tuesday, April 5. The company was maintained on Tuesday, September 26 by KeyBanc Capital Markets. The stock of Installed Building Products, Inc. (NYSE:IBP) has “Hold” rating given on Tuesday, December 12 by Jefferies. The rating was maintained by RBC Capital Markets on Thursday, October 29 with “Outperform”. The firm has “Outperform” rating by RBC Capital Markets given on Monday, August 7. As per Monday, November 6, the company rating was maintained by RBC Capital Markets. Seaport Global Securities initiated the shares of IBP in report on Tuesday, November 22 with “Buy” rating. Seaport Global maintained Installed Building Products, Inc. (NYSE:IBP) on Thursday, March 1 with “Buy” rating.

Another recent and important Installed Building Products, Inc. (NYSE:IBP) news was published by Seekingalpha.com which published an article titled: “Installed Building’s (IBP) CEO Jeff Edwards on Q1 2018 Results – Earnings Call Transcript” on May 05, 2018.

Hilton Capital Management Llc, which manages about $589.79M and $662.40 million US Long portfolio, upped its stake in Ishares Floating Rate Bond Etf (Prn) (FLOT) by 35,010 shares to 204,285 shares, valued at $10.38 million in 2017Q4, according to the filing. It also increased its holding in Dr Horton Inc. (NYSE:DHI) by 45,335 shares in the quarter, for a total of 370,322 shares, and has risen its stake in Lennox International Inc. (NYSE:LII).

More notable recent Amazon.com, Inc. (NASDAQ:AMZN) news were published by: Seekingalpha.com which released: “Seattle scales back tax on Amazon” on May 15, 2018, also 247Wallst.com with their article: “5 Most Important Things in Business Today” published on May 25, 2018, Seekingalpha.com published: “Tracking Chase Coleman’s Tiger Global Portfolio – Q1 2018 Update” on May 27, 2018. More interesting news about Amazon.com, Inc. (NASDAQ:AMZN) were released by: Seekingalpha.com and their article: “Best And Worst Performing Nasdaq 100 Stocks Of 2018” published on May 25, 2018 as well as Seekingalpha.com‘s news article titled: “VP of Alexa leaves Amazon” with publication date: May 17, 2018.

Investors sentiment increased to 1.29 in Q4 2017. Its up 0.03, from 1.26 in 2017Q3. It increased, as 69 investors sold AMZN shares while 578 reduced holdings. 168 funds opened positions while 667 raised stakes. 280.02 million shares or 0.09% more from 279.77 million shares in 2017Q3 were reported. Boston Family Office Limited Liability Company holds 1.13% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN) for 8,798 shares. The Connecticut-based Hardman Johnston Global Advisors Ltd Limited Liability Company has invested 0.91% in Amazon.com, Inc. (NASDAQ:AMZN). Jag Capital Mngmt Llc reported 4.13% stake. Family Mgmt accumulated 3,923 shares. Congress Asset Ma reported 1.02% stake. 19,199 were accumulated by Private Wealth Prns Limited Co. Cim Limited has invested 2.36% in Amazon.com, Inc. (NASDAQ:AMZN). Van Eck Assoc Corporation stated it has 39,793 shares or 0.23% of all its holdings. Edge Wealth Management Llc accumulated 0.82% or 2,467 shares. Coe Cap Mngmt Ltd Llc reported 2,205 shares. Lombard Odier Asset Mgmt (Europe) Ltd has 0.32% invested in Amazon.com, Inc. (NASDAQ:AMZN) for 4,425 shares. First Washington Corp reported 3,538 shares. Ashfield Partners Lc owns 10,734 shares. Weybosset & Mgmt Lc invested in 0.29% or 406 shares. Moreover, Altfest L J And has 1.22% invested in Amazon.com, Inc. (NASDAQ:AMZN).

Since December 7, 2017, it had 0 insider buys, and 21 sales for $64.49 million activity. Olsavsky Brian T sold $3.22M worth of stock. The insider STONESIFER PATRICIA Q sold $2.17M. On Thursday, February 15 the insider Jassy Andrew R sold $2.90M. Blackburn Jeffrey M sold $18.50 million worth of Amazon.com, Inc. (NASDAQ:AMZN) on Thursday, February 15. The insider Reynolds Shelley sold $686,439. 1,927 shares were sold by Zapolsky David, worth $3.03 million.

Analysts await Amazon.com, Inc. (NASDAQ:AMZN) to report earnings on July, 26. They expect $2.42 earnings per share, up 505.00% or $2.02 from last year’s $0.4 per share. AMZN’s profit will be $1.17B for 166.34 P/E if the $2.42 EPS becomes a reality. After $3.27 actual earnings per share reported by Amazon.com, Inc. for the previous quarter, Wall Street now forecasts -25.99% negative EPS growth.

Among 55 analysts covering Amazon.com (NASDAQ:AMZN), 52 have Buy rating, 0 Sell and 3 Hold. Therefore 95% are positive. Amazon.com had 302 analyst reports since July 21, 2015 according to SRatingsIntel. On Tuesday, October 27 the stock rating was maintained by Axiom Capital with “Buy”. The rating was maintained by Suntrust Robinson with “Neutral” on Wednesday, July 6. On Monday, August 24 the stock rating was maintained by Axiom Securities with “Buy”. The firm has “Buy” rating by Piper Jaffray given on Wednesday, June 28. The rating was maintained by Stifel Nicolaus on Tuesday, March 29 with “Buy”. Credit Suisse maintained the shares of AMZN in report on Tuesday, January 12 with “Outperform” rating. Jefferies maintained Amazon.com, Inc. (NASDAQ:AMZN) rating on Friday, July 28. Jefferies has “Buy” rating and $125000 target. BMO Capital Markets initiated the stock with “Outperform” rating in Wednesday, March 2 report. Mizuho maintained Amazon.com, Inc. (NASDAQ:AMZN) rating on Friday, April 29. Mizuho has “Buy” rating and $810 target. As per Friday, April 27, the company rating was maintained by Canaccord Genuity.

Installed Building Products, Inc. (NYSE:IBP) Institutional Positions Chart

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