Hansberger Growth Investors LP Has Raised Holding in Manulife Financial (MFC) by $1.26 Million as Market Valuation Declined; Taconic Capital Advisors LP Position in Amazon Com (Put) (AMZN) Cut by $451,000 as Valuation Rose

June 18, 2018 - By Peter Erickson

Manulife Financial Corporation (NYSE:MFC) Logo

Frank Brosens decreased its stake in Amazon Com Inc (Put) (AMZN) by 21.57% based on its latest 2018Q1 regulatory filing with the SEC. Taconic Capital Advisors Lp sold 5,500 shares as the company’s stock rose 5.80% while stock markets declined. The hedge fund run by Frank Brosens held 20,000 shares of the consumer services company at the end of 2018Q1, valued at $1.64 million, down from 25,500 at the end of the previous reported quarter. Taconic Capital Advisors Lp who had been investing in Amazon Com Inc (Put) for a number of months, seems to be less bullish one the $835.42 billion market cap company. The stock increased 0.33% or $5.7339 during the last trading session, reaching $1721.7039. About 1.06M shares traded. Amazon.com, Inc. (NASDAQ:AMZN) has risen 62.09% since June 18, 2017 and is uptrending. It has outperformed by 49.52% the S&P500. Some Historical AMZN News: 20/03/2018 – Amazon Passes Alphabet as Second-Largest U.S. Company; 30/04/2018 – Walmart’s UK merger deal is a ‘protection program’ against Amazon. expert says; 02/04/2018 – Alibaba is working on an Amazon Echo rival that speaks Chinese, report says; 20/03/2018 – Amazon elbows Alphabet aside as second most valuable company; 10/05/2018 – Engage ESM Launches New ServiceNow Integration for Amazon Web Services to Improve Enterprise Productivity and Governance; 24/05/2018 – Best Buy’s Heavy Spending to Keep Amazon at Bay Comes at a Cost; 24/04/2018 – Pom Klementieff Receives An lMDb STARmeter Award on the Set of “The lMDb Show”; 11/05/2018 – One word may explain Warren Buffett’s investment decisions on Apple and Amazon: profit; 06/04/2018 – Don’t count on Amazon winning the $10 billion Defense Department deal — it’s still wide open; 08/05/2018 – InnerScope Hearing Technologies, Inc. Launches eCommerce Store on Amazon.com for its Personal Sound Amplifier Products for the

Hansberger Growth Investors Lp increased its stake in Manulife Financial Corporation (MFC) by 16.32% based on its latest 2018Q1 regulatory filing with the SEC. Hansberger Growth Investors Lp bought 70,134 shares as the company’s stock declined 1.34% with the market. The institutional investor held 500,005 shares of the life insurance company at the end of 2018Q1, valued at $9.29 million, up from 429,871 at the end of the previous reported quarter. Hansberger Growth Investors Lp who had been investing in Manulife Financial Corporation for a number of months, seems to be bullish on the $37.72 billion market cap company. The stock increased 0.00% or $0.0001 during the last trading session, reaching $18.9201. About 256,939 shares traded. Manulife Financial Corporation (NYSE:MFC) has risen 9.28% since June 18, 2017 and is uptrending. It has underperformed by 3.29% the S&P500. Some Historical MFC News: 07/05/2018 – Manulife Financial: Will Use Net Proceeds to Refinance Current Assets; 26/04/2018 – MANULIFE INVESTMENTS – OIL SANDS SECTOR FUND WILL NOT PAY REGULAR QTRLY DISTRIBUTION NOR FINAL DISTRIBUTION RELATED TO TERMINATION; 14/03/2018 – MANULIFE’S DABIET LOOKING FOR UNDISCOVERED OPPORTUNITIES; 24/04/2018 – Manulife’s Megan Greene Is Not Worried About a 3% U.S. 10-Year Yield (Video); 07/05/2018 – Manulife Financial: Debentures’ Interest at 3.317% Until 2023, and Thereafter at Rate of 0.78% Over 3-Month Canadian Dollar Offered Rate; 08/03/2018 – FITCH AFFIRMS MANULIFE FINL CORP’S RATINGS; OUTLOOK STABLE; 03/05/2018 – MANULIFE CFO CONFIDENT ON ABILITY TO FREE C$2B BY TARGET; 08/03/2018 – Fitch Affirms Manulife Financial Corp’s Ratings; Outlook Stable; 12/04/2018 – MANULIFE US REAL ESTATE INVESTMENT TRUST – DBS TRUSTEE LTD HAS ESTABLISHED A US$1 BLN MULTICURRENCY DEBT ISSUANCE PROGRAMME; 08/05/2018 – MANULIFE RELEASES 2017 CORPORATE CITIZENSHIP REPORT & PUBLIC AC

Taconic Capital Advisors Lp, which manages about $11.01 billion and $610.95 million US Long portfolio, upped its stake in Amazon Com Inc (NASDAQ:AMZN) by 20,000 shares to 45,500 shares, valued at $65.85M in 2018Q1, according to the filing. It also increased its holding in Alphabet Inc (Put) by 72,000 shares in the quarter, for a total of 100,000 shares, and has risen its stake in Spdr S&P 500 Etf Tr (Put) (SPY).

Analysts await Amazon.com, Inc. (NASDAQ:AMZN) to report earnings on July, 26. They expect $2.52 earnings per share, up 530.00% or $2.12 from last year’s $0.4 per share. AMZN’s profit will be $1.22 billion for 170.80 P/E if the $2.52 EPS becomes a reality. After $3.27 actual earnings per share reported by Amazon.com, Inc. for the previous quarter, Wall Street now forecasts -22.94% negative EPS growth.

More notable recent Amazon.com, Inc. (NASDAQ:AMZN) news were published by: Seekingalpha.com which released: “3 Option Trade Ideas In Amazon Stock” on June 11, 2018, also Seekingalpha.com with their article: “Baozun: A Holistic Look” published on June 18, 2018, Nasdaq.com published: “Better Buy: Amazon.com vs. Google” on June 17, 2018. More interesting news about Amazon.com, Inc. (NASDAQ:AMZN) were released by: Seekingalpha.com and their article: “Amazon On Top Again” published on June 11, 2018 as well as Seekingalpha.com‘s news article titled: “Seattle council repeals ‘head tax'” with publication date: June 13, 2018.

Among 55 analysts covering Amazon.com (NASDAQ:AMZN), 52 have Buy rating, 0 Sell and 3 Hold. Therefore 95% are positive. Amazon.com had 305 analyst reports since July 21, 2015 according to SRatingsIntel. The company was maintained on Thursday, March 15 by Wells Fargo. Oppenheimer maintained Amazon.com, Inc. (NASDAQ:AMZN) on Tuesday, September 1 with “Buy” rating. On Tuesday, June 6 the stock rating was maintained by Maxim Group with “Buy”. The stock of Amazon.com, Inc. (NASDAQ:AMZN) earned “Buy” rating by RBC Capital Markets on Friday, February 2. Robert W. Baird maintained Amazon.com, Inc. (NASDAQ:AMZN) on Thursday, October 26 with “Buy” rating. The company was maintained on Friday, July 24 by Nomura. Jefferies maintained it with “Buy” rating and $1350.0 target in Friday, October 27 report. Canaccord Genuity upgraded the stock to “Buy” rating in Thursday, February 18 report. The stock has “Overweight” rating by Barclays Capital on Friday, April 27. The firm has “Buy” rating by Stifel Nicolaus given on Friday, October 23.

Investors sentiment decreased to 1.08 in 2018 Q1. Its down 0.21, from 1.29 in 2017Q4. It fall, as 73 investors sold AMZN shares while 659 reduced holdings. 173 funds opened positions while 614 raised stakes. 266.38 million shares or 4.87% less from 280.02 million shares in 2017Q4 were reported. Art Advsrs Limited Liability Company reported 4,997 shares or 0.29% of all its holdings. Jag Cap Management Limited Liability Corp accumulated 4.28% or 15,982 shares. Bender Robert & Assocs has 8,180 shares for 6.58% of their portfolio. First Personal Finance owns 799 shares. Brookstone Cap Management holds 573 shares. Sg Americas Secs Ltd holds 1.39% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN) for 120,224 shares. 23,334 are owned by East Coast Asset Mgmt Ltd. Price T Rowe Associate Md invested in 15.25 million shares. Fiera Capital Corporation owns 0.18% invested in Amazon.com, Inc. (NASDAQ:AMZN) for 25,768 shares. Palisade Capital Limited Liability Nj reported 12,492 shares stake. Plancorp Lc holds 508 shares or 0.23% of its portfolio. Generation Mngmt Llp, United Kingdom-based fund reported 53,716 shares. South State Corporation has invested 1.06% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Trb Advsrs Ltd Partnership holds 7.54% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN) for 2,500 shares. 3,385 were reported by Gam Holdg Ag.

Since February 15, 2018, it had 0 buys, and 21 insider sales for $63.19 million activity. 544 shares were sold by Reynolds Shelley, worth $795,502 on Thursday, February 15. $2.90M worth of stock was sold by Jassy Andrew R on Thursday, February 15. Zapolsky David also sold $3.24M worth of Amazon.com, Inc. (NASDAQ:AMZN) on Thursday, February 15. STONESIFER PATRICIA Q sold $2.17M worth of stock or 1,375 shares. 12,666 shares were sold by Blackburn Jeffrey M, worth $18.50M on Thursday, February 15. ALBERG TOM A had sold 670 shares worth $1.01 million.

Amazon.com, Inc. (NASDAQ:AMZN) Institutional Positions Chart

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