L & S Advisors Has Trimmed By $5.44 Million Its Amazon.Com (AMZN) Holding; 4 Analysts Are Bullish ARC Resources Ltd. (TSE:ARX) Last Week

June 18, 2018 - By Darrin Black

Amazon.com, Inc. (NASDAQ:AMZN) Logo

Among 6 analysts covering ARC Resources (TSE:ARX), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. ARC Resources had 40 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Outperform” rating given on Friday, November 11 by Scotia Capital. TD Securities maintained ARC Resources Ltd. (TSE:ARX) on Friday, July 29 with “Hold” rating. The firm earned “Outperform” rating on Wednesday, June 15 by IBC. National Bank Canada maintained the shares of ARX in report on Friday, November 11 with “Sector Perform” rating. TD Securities maintained the stock with “Hold” rating in Thursday, November 17 report. The stock of ARC Resources Ltd. (TSE:ARX) earned “Outperform” rating by National Bank Canada on Thursday, November 19. The stock has “Outperform” rating by RBC Capital Markets on Wednesday, November 16. The company was maintained on Monday, June 6 by Raymond James. The company was maintained on Friday, July 29 by Scotia Capital. The stock has “Outperform” rating by Scotia Capital on Friday, November 18. See ARC Resources Ltd. (TSE:ARX) latest ratings:

L & S Advisors Inc decreased Amazon.Com Inc (AMZN) stake by 47.1% reported in 2018Q1 SEC filing. L & S Advisors Inc sold 3,762 shares as Amazon.Com Inc (AMZN)’s stock rose 5.80%. The L & S Advisors Inc holds 4,225 shares with $6.12 million value, down from 7,987 last quarter. Amazon.Com Inc now has $836.43 billion valuation. The stock increased 0.46% or $7.82 during the last trading session, reaching $1723.79. About 2.79 million 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: ; 13/04/2018 – Richard Branson and Jeff Bezos say this is the most effective way to make tough decisions; 18/04/2018 – The U.S. Patent and Trademark Office on Tuesday approved the Amazon.com subsidiary’s Sept. 2014 filing for a patent that can correlate different data streams and sell the combined feed in a marketplace; 10/05/2018 – Amazon is building a ‘health & wellness’ team within Alexa as it aims to upend health care; 06/03/2018 – Amazon Alexa to Keynote at Connected Car Detroit; 16/04/2018 – Amazon Shelves Pharma Plan, Facebook CEO’s EU Meeting: TMT Wrap; 13/04/2018 – Walmart is in advanced talks to acquire Amazon’s India rival Flipkart – but it may have to strike a deal with eBay first A small deal before a big deal?; 06/03/2018 – CNET Taiwan: Airbnb nabs Amazon’s head of Prime; 05/04/2018 – As Trump Bashes Amazon, the Government Increasingly Relies on It; 19/04/2018 – Amazon: Nine-Episode Utopia Is Based on the British Series of the Same Name; 29/03/2018 – Amazon Private Brands Will Expand into Pet Accessories, Diapers, Lawn & Garden and OTC in 2018, Report Indicates

Investors sentiment decreased to 1.08 in Q1 2018. Its down 0.21, from 1.29 in 2017Q4. It worsened, 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. Citigroup Incorporated accumulated 398,191 shares or 0.47% of the stock. Vista Cap Prns reported 341 shares. Zacks Investment Mgmt holds 19,339 shares or 0.62% of its portfolio. Mcdaniel Terry accumulated 662 shares. Beach Inv Mngmt Limited Co owns 1,570 shares or 3.68% of their US portfolio. Bb&T has 23,984 shares for 0.66% of their portfolio. First Washington holds 3,576 shares or 2.68% of its portfolio. Lockheed Martin Invest accumulated 0.18% or 2,920 shares. Massachusetts-based Altimeter LP has invested 2.15% in Amazon.com, Inc. (NASDAQ:AMZN). Spc Inc owns 260 shares for 0.09% of their portfolio. Dorsal Cap Ltd Liability reported 3.13% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Employees Retirement Of Texas accumulated 82,176 shares. Boston Advisors Ltd Liability owns 3.4% invested in Amazon.com, Inc. (NASDAQ:AMZN) for 91,826 shares. Acg Wealth holds 1.99% or 9,069 shares. Altavista Wealth Inc owns 2,294 shares for 1.41% of their portfolio.

More notable recent Amazon.com, Inc. (NASDAQ:AMZN) news were published by: Seekingalpha.com which released: “Amazon’s New Secret To Accelerating Earnings Growth” on June 18, 2018, also Seekingalpha.com with their article: “Amazon’s Increasing Profitability Means Its Fundamentals Are Changing” 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: Investorplace.com and their article: “Is Facebook-Google Ad Duopoly Under Threat as Amazon Gains Steam?” published on June 18, 2018 as well as Nasdaq.com‘s news article titled: “3 Retail Stocks With Red-Hot Setups” with publication date: June 18, 2018.

L & S Advisors Inc increased Intuit Inc (NASDAQ:INTU) stake by 3,405 shares to 33,405 valued at $5.79 million in 2018Q1. It also upped Activision Blizzard (NASDAQ:ATVI) stake by 9,115 shares and now owns 24,472 shares. Walt Disney Co (NYSE:DIS) was raised too.

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 rating was maintained by Axiom Capital with “Buy” on Friday, July 29. Macquarie Research maintained the shares of AMZN in report on Tuesday, December 22 with “Outperform” rating. The company was upgraded on Friday, October 27 by Monness. The rating was maintained by UBS on Friday, October 27 with “Buy”. Morgan Stanley maintained Amazon.com, Inc. (NASDAQ:AMZN) rating on Thursday, September 14. Morgan Stanley has “Buy” rating and $1150.0 target. Barclays Capital maintained the shares of AMZN in report on Friday, February 2 with “Buy” rating. KeyBanc Capital Markets maintained the stock with “Hold” rating in Wednesday, July 12 report. On Friday, July 24 the stock rating was maintained by Piper Jaffray with “Overweight”. The stock of Amazon.com, Inc. (NASDAQ:AMZN) has “Overweight” rating given on Friday, February 3 by Morgan Stanley. Piper Jaffray maintained the shares of AMZN in report on Tuesday, August 4 with “Overweight” rating.

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 $1.22B for 171.01 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.

Since February 15, 2018, it had 0 insider purchases, and 21 sales for $63.19 million activity. ALBERG TOM A also sold $3.35 million worth of Amazon.com, Inc. (NASDAQ:AMZN) shares. Olsavsky Brian T also sold $3.42M worth of Amazon.com, Inc. (NASDAQ:AMZN) on Thursday, February 15. Reynolds Shelley sold $686,439 worth of Amazon.com, Inc. (NASDAQ:AMZN) on Tuesday, May 15. $2.59 million worth of Amazon.com, Inc. (NASDAQ:AMZN) was sold by WILKE JEFFREY A on Friday, May 18. Blackburn Jeffrey M sold $3.23 million worth of stock. Zapolsky David also sold $3.03M worth of Amazon.com, Inc. (NASDAQ:AMZN) on Tuesday, May 15. Another trade for 1,375 shares valued at $2.17M was made by STONESIFER PATRICIA Q on Wednesday, May 2.

The stock decreased 0.82% or $0.11 during the last trading session, reaching $13.31. About 1.12M shares traded. ARC Resources Ltd. (TSE:ARX) has 0.00% since June 18, 2017 and is . It has underperformed by 12.57% the S&P500.

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

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