Hall Capital Management Co. Inc. raised its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 19.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 513 shares of the e-commerce giant’s stock after acquiring an additional 85 shares during the quarter. Hall Capital Management Co. Inc.’s holdings in Amazon.com were worth $948,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Macroview Investment Management LLC raised its position in shares of Amazon.com by 166.7% during the 3rd quarter. Macroview Investment Management LLC now owns 16 shares of the e-commerce giant’s stock valued at $28,000 after acquiring an additional 10 shares during the last quarter. NewSquare Capital LLC grew its stake in shares of Amazon.com by 533.3% during the fourth quarter. NewSquare Capital LLC now owns 19 shares of the e-commerce giant’s stock worth $35,000 after purchasing an additional 16 shares during the period. Birch Capital Management LLC acquired a new stake in shares of Amazon.com during the fourth quarter worth $46,000. Pflug Koory LLC grew its stake in shares of Amazon.com by 30.8% during the fourth quarter. Pflug Koory LLC now owns 34 shares of the e-commerce giant’s stock worth $63,000 after purchasing an additional 8 shares during the period. Finally, Financial Advantage Inc. increased its holdings in Amazon.com by 26.7% in the third quarter. Financial Advantage Inc. now owns 38 shares of the e-commerce giant’s stock valued at $65,000 after purchasing an additional 8 shares during the last quarter. 56.42% of the stock is owned by institutional investors.
Shares of AMZN opened at $2,160.00 on Thursday. The company has a market cap of $1,075.27 billion, a PE ratio of 93.87, a price-to-earnings-growth ratio of 2.87 and a beta of 1.58. The firm has a 50-day moving average of $1,913.70 and a 200-day moving average of $1,816.05. Amazon.com, Inc. has a one year low of $1,586.57 and a one year high of $2,185.95. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.10 and a quick ratio of 0.86.
Amazon.com (NASDAQ:AMZN) last issued its earnings results on Thursday, January 30th. The e-commerce giant reported $6.47 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $3.98 by $2.49. Amazon.com had a net margin of 4.13% and a return on equity of 21.07%. The company had revenue of $87.44 billion for the quarter, compared to analysts’ expectations of $86.09 billion. During the same period in the prior year, the firm earned $6.04 EPS. Amazon.com’s quarterly revenue was up 20.8% compared to the same quarter last year. Analysts expect that Amazon.com, Inc. will post 27.57 earnings per share for the current year.
Several equities analysts have weighed in on the company. DA Davidson reissued a “buy” rating and issued a $2,625.00 target price (up previously from $2,550.00) on shares of Amazon.com in a research note on Friday, January 31st. Stifel Nicolaus restated a “buy” rating and set a $2,400.00 target price (up from $2,150.00) on shares of Amazon.com in a research report on Friday, January 31st. UBS Group reaffirmed a “buy” rating and issued a $2,440.00 price target (up from $2,305.00) on shares of Amazon.com in a research note on Friday, January 31st. Benchmark reiterated a “buy” rating and issued a $2,300.00 price target (up from $2,100.00) on shares of Amazon.com in a research report on Monday, January 27th. Finally, Wedbush reiterated an “outperform” rating and issued a $2,000.00 price target on shares of Amazon.com in a research report on Tuesday, January 28th. Five equities research analysts have rated the stock with a hold rating and forty-seven have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $2,313.78.
In other Amazon.com news, VP Shelley Reynolds sold 379 shares of the company’s stock in a transaction on Friday, November 15th. The shares were sold at an average price of $1,750.66, for a total value of $663,500.14. Following the transaction, the vice president now directly owns 6,307 shares in the company, valued at $11,041,412.62. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Jeffrey M. Blackburn sold 3,573 shares of the company’s stock in a transaction on Friday, November 15th. The shares were sold at an average price of $1,752.23, for a total transaction of $6,260,717.79. Following the completion of the transaction, the senior vice president now owns 50,659 shares in the company, valued at $88,766,219.57. The disclosure for this sale can be found here. In the last three months, insiders have sold 725,661 shares of company stock worth $1,480,267,612. Company insiders own 16.10% of the company’s stock.
Amazon.com, Inc engages in the retail sale of consumer products and subscriptions in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS) segments. It sells merchandise and content purchased for resale from third-party sellers through physical stores and online stores.
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