Johnson Financial Group INC Stake in Amazon.Com INC (AMZN) Raised as Shares Rose

December 8, 2017 - By Nellie Frank

Investors sentiment decreased to 1.36 in 2017 Q2. Its down 0.34, from 1.7 in 2017Q1. It worsened, as 64 investors sold AMZN shares while 542 reduced holdings. 153 funds opened positions while 670 raised stakes. 285.20 million shares or 2.71% less from 293.14 million shares in 2017Q1 were reported. First Quadrant Ltd Partnership Ca accumulated 55,427 shares. Invsts reported 0.64% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Mitchell holds 4.12% or 11,126 shares. Marathon Trading Inv Mgmt Ltd Liability Corporation owns 3,700 shares. Point72 Asset Mngmt Ltd Partnership owns 0.56% invested in Amazon.com, Inc. (NASDAQ:AMZN) for 102,664 shares. Rainier Management Limited Liability accumulated 0.75% or 3,900 shares. Trb Advisors Limited Partnership owns 12,500 shares or 8.49% of their US portfolio. Ckw Fin Gru holds 1 shares or 0% of its portfolio. Kansas-based Intrust Financial Bank Na has invested 1.3% in Amazon.com, Inc. (NASDAQ:AMZN). Merriman Wealth Management Ltd Liability invested 0.82% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Nippon Life Ins reported 0.29% stake. 84,072 are owned by D E Shaw & Inc. Moreover, Marathon Asset Ltd Liability Partnership has 0.83% invested in Amazon.com, Inc. (NASDAQ:AMZN). 309 were accumulated by Beese Fulmer Invest Management. 837 are owned by M.

Johnson Financial Group Inc increased its stake in Amazon.Com Inc (AMZN) by 155.88% based on its latest 2017Q2 regulatory filing with the SEC. Johnson Financial Group Inc bought 4,254 shares as the company’s stock rose 13.58% with the market. The institutional investor held 6,983 shares of the consumer services company at the end of 2017Q2, valued at $6.76M, up from 2,729 at the end of the previous reported quarter. Johnson Financial Group Inc who had been investing in Amazon.Com Inc for a number of months, seems to be bullish on the $558.87 billion market cap company. The stock increased 0.65% or $7.44 during the last trading session, reaching $1159.79. About 2.51 million shares traded. Amazon.com, Inc. (NASDAQ:AMZN) has risen 37.41% since December 8, 2016 and is uptrending. It has outperformed by 20.71% the S&P500.

Johnson Financial Group Inc, which manages about $8.40B and $695.24 million US Long portfolio, decreased its stake in Norfolk Southern Corp (NYSE:NSC) by 25,292 shares to 1,682 shares, valued at $205,000 in 2017Q2, according to the filing. It also reduced its holding in Carnival Corp (NYSE:CCL) by 47,924 shares in the quarter, leaving it with 34,532 shares, and cut its stake in Apple Inc (NASDAQ:AAPL).

More notable recent Amazon.com, Inc. (NASDAQ:AMZN) news were published by: Fool.com which released: “8 Takeaways From Amazon.com, Inc.’s Huge Holiday Shopping Weekend” on November 28, 2017, also Fool.com with their article: “Better Buy: Amazon.com, Inc. vs. Microsoft” published on December 01, 2017, Usnews.com published: “Amazon’s Pop-Up Stores Could Be Retail’s Future” on December 05, 2017. More interesting news about Amazon.com, Inc. (NASDAQ:AMZN) were released by: Businesswire.com and their article: “Amazon.com, Inc. Announces Early Participation Results of Exchange Offer and …” published on December 06, 2017 as well as Fool.com‘s news article titled: “Here’s How Amazon.com, Inc. Crushed It in 2017” with publication date: November 28, 2017.

Amazon.com, Inc. (NASDAQ:AMZN) Ratings Coverage

Among 50 analysts covering Amazon.com (NASDAQ:AMZN), 47 have Buy rating, 0 Sell and 3 Hold. Therefore 94% are positive. Amazon.com had 238 analyst reports since July 21, 2015 according to SRatingsIntel. On Friday, July 29 the stock rating was maintained by Canaccord Genuity with “Buy”. RBC Capital Markets maintained Amazon.com, Inc. (NASDAQ:AMZN) on Friday, January 29 with “Outperform” rating. The firm earned “Buy” rating on Friday, April 29 by Citigroup. The stock has “Buy” rating by Benchmark on Friday, July 29. The firm earned “Buy” rating on Friday, October 28 by Canaccord Genuity. The stock of Amazon.com, Inc. (NASDAQ:AMZN) has “Buy” rating given on Tuesday, October 24 by Deutsche Bank. The rating was maintained by Credit Suisse with “Buy” on Monday, July 10. As per Friday, July 28, the company rating was maintained by Aegis Capital. JP Morgan maintained the stock with “Overweight” rating in Friday, July 29 report. RBC Capital Markets maintained it with “Outperform” rating and $1000 target in Friday, September 16 report.

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