22 hours Ago By Defense World Staff
Hickory Point Bank & Trust acquired a new stake in Amazon.com, Inc. (NASDAQ:AMZN) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC).
The fund acquired 6,435 shares of the e-commerce giant’s stock, valued at approximately $1,412,000. Amazon.com makes up approximately 1.
3% of Hickory Point Bank & Trust’s portfolio, making the stock its 14th biggest position. Other hedge funds also recently added to or reduced their stakes in the company. State Street Corp lifted its position in shares of Amazon.
com by 3.3% in the 3rd quarter. State Street Corp now owns 359,179,990 shares of the e-commerce giant’s stock worth $66,926,008,000 after purchasing an additional 11,370,309 shares during the period.
Geode Capital Management LLC increased its holdings in Amazon.com by 3.4% during the third quarter.
Geode Capital Management LLC now owns 199,915,046 shares of the e-commerce giant’s stock valued at $37,116,341,000 after buying an additional 6,545,944 shares during the period. Bank of New York Mellon Corp raised its stake in Amazon.com by 0.
8% in the fourth quarter. Bank of New York Mellon Corp now owns 67,092,427 shares of the e-commerce giant’s stock worth $14,719,407,000 after buying an additional 545,292 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in Amazon.
com by 3.6% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 57,833,954 shares of the e-commerce giant’s stock worth $10,776,201,000 after buying an additional 1,984,592 shares during the period.
Finally, Charles Schwab Investment Management Inc. lifted its holdings in Amazon.com by 3.
6% during the third quarter. Charles Schwab Investment Management Inc. now owns 57,308,094 shares of the e-commerce giant’s stock worth $10,678,217,000 after buying an additional 1,980,663 shares during the period.
72.20% of the stock is owned by hedge funds and other institutional investors. Amazon.
com Stock PerformanceShares of AMZN stock opened at $192.17 on Wednesday. The company has a market capitalization of $2.
04 trillion, a P/E ratio of 34.75, a P/E/G ratio of 1.50 and a beta of 1.
19. Amazon.com, Inc.
has a 12-month low of $151.61 and a 12-month high of $242.52.
The business’s 50 day moving average is $215.38 and its two-hundred day moving average is $209.31.
The company has a current ratio of 1.06, a quick ratio of 0.87 and a debt-to-equity ratio of 0.
18. Amazon.com (NASDAQ:AMZN – Get Free Report) last released its quarterly earnings results on Thursday, February 6th.
The e-commerce giant reported $1.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.52 by $0.
34. Amazon.com had a net margin of 9.
29% and a return on equity of 24.25%. Analysts expect that Amazon.
com, Inc. will post 6.31 EPS for the current fiscal year.
Wall Street Analysts Forecast GrowthSeveral research firms have recently commented on AMZN. UBS Group boosted their price target on Amazon.com from $230.
00 to $264.00 and gave the stock a “buy” rating in a research report on Monday, December 16th. DA Davidson boosted their target price on shares of Amazon.
com from $235.00 to $280.00 and gave the stock a “buy” rating in a report on Friday, February 7th.
Wells Fargo & Company decreased their price target on shares of Amazon.com from $207.00 to $203.
00 and set an “equal weight” rating for the company in a research report on Tuesday, February 25th. Westpark Capital started coverage on shares of Amazon.com in a research report on Tuesday.
They issued a “buy” rating and a $280.00 price objective on the stock. Finally, Rosenblatt Securities increased their target price on shares of Amazon.
com from $236.00 to $287.00 and gave the company a “buy” rating in a research report on Friday, February 7th.
Two research analysts have rated the stock with a hold rating, forty-three have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $260.53.
Check Out Our Latest Stock Analysis on Amazon.comInsider ActivityIn related news, CEO Douglas J. Herrington sold 27,500 shares of the firm’s stock in a transaction dated Wednesday, February 12th.
The shares were sold at an average price of $230.27, for a total value of $6,332,425.00.
Following the transaction, the chief executive officer now directly owns 497,067 shares of the company’s stock, valued at approximately $114,459,618.09. This trade represents a 5.
24 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Andrew R.
Jassy sold 20,784 shares of the business’s stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $220.65, for a total value of $4,585,989.
60. Following the sale, the chief executive officer now owns 2,118,886 shares of the company’s stock, valued at approximately $467,532,195.90.
This trade represents a 0.97 % decrease in their ownership of the stock. The disclosure for this sale can be found here.
Insiders have sold a total of 102,298 shares of company stock worth $22,871,828 over the last 90 days. 10.80% of the stock is currently owned by company insiders.
Amazon.com Profile (Free Report)Amazon.com, Inc engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally.
The company operates through three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink, and eero; and develops and produces media content.Read MoreFive stocks we like better than Amazon.
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(NASDAQ:AMZN – Free Report)..
