Thursday, 31 May 2018

Eagle Capital Management Stake in Aon Plc (AON) Has Decreased by $119.72 Million; Kemnay Advisory Services Has Decreased Its Amazon Com (AMZN) Position as Stock Price Rose

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

Kemnay Advisory Services Inc decreased its stake in Amazon Com Inc (AMZN) by 10.82% based on its latest 2018Q1 regulatory filing with the SEC. Kemnay Advisory Services Inc sold 1,515 shares as the company’s stock rose 5.80% while stock markets declined. The institutional investor held 12,489 shares of the consumer services company at the end of 2018Q1, valued at $18.08M, down from 14,004 at the end of the previous reported quarter. Kemnay Advisory Services Inc who had been investing in Amazon Com Inc for a number of months, seems to be less bullish one the $788.44 billion market cap company. The stock increased 0.75% or $12.02 during the last trading session, reaching $1624.89. About 2.69M shares traded. Amazon.com, Inc. (NASDAQ:AMZN) has risen 62.09% since May 31, 2017 and is uptrending. It has outperformed by 49.52% the S&P500.

Boykin Curry decreased its stake in Aon Plc (AON) by 8.98% based on its latest 2018Q1 regulatory filing with the SEC. Eagle Capital Management Llc sold 855,174 shares as the company’s stock declined 0.75% with the market. The hedge fund run by Boykin Curry held 8.67 million shares of the specialty insurers company at the end of 2018Q1, valued at $1.22B, down from 9.52 million at the end of the previous reported quarter. Eagle Capital Management Llc who had been investing in Aon Plc for a number of months, seems to be less bullish one the $34.31 billion market cap company. The stock increased 1.35% or $1.87 during the last trading session, reaching $140.23. About 749,750 shares traded. Aon plc (NYSE:AON) has risen 9.13% since May 31, 2017 and is uptrending. It has underperformed by 3.44% the S&P500.

Analysts await Aon plc (NYSE:AON) to report earnings on August, 3. They expect $1.63 EPS, up 12.41% or $0.18 from last year’s $1.45 per share. AON’s profit will be $398.76 million for 21.51 P/E if the $1.63 EPS becomes a reality. After $2.97 actual EPS reported by Aon plc for the previous quarter, Wall Street now forecasts -45.12% negative EPS growth.

Among 15 analysts covering Aon Corporation (NYSE:AON), 4 have Buy rating, 2 Sell and 9 Hold. Therefore 27% are positive. Aon Corporation had 53 analyst reports since August 3, 2015 according to SRatingsIntel. The company was maintained on Thursday, July 13 by Citigroup. The rating was initiated by Janney Capital with “” on Monday, August 3. The firm has “Buy” rating by Citigroup given on Monday, August 7. The rating was maintained by RBC Capital Markets with “Hold” on Monday, October 9. The stock has “Sector Perform” rating by RBC Capital Markets on Monday, October 31. The stock of Aon plc (NYSE:AON) earned “Buy” rating by Goldman Sachs on Thursday, March 15. The firm earned “Buy” rating on Tuesday, April 10 by Citigroup. The rating was maintained by Citigroup with “Buy” on Friday, February 9. The firm earned “Buy” rating on Sunday, August 6 by Keefe Bruyette & Woods. Barclays Capital maintained Aon plc (NYSE:AON) rating on Monday, October 16. Barclays Capital has “Equal-Weight” rating and $140 target.

Eagle Capital Management Llc, which manages about $23.89B and $26.99 billion US Long portfolio, upped its stake in Oracle Corp (NYSE:ORCL) by 135,624 shares to 36.33M shares, valued at $1.66 billion in 2018Q1, according to the filing. It also increased its holding in Comcast Corp (NASDAQ:CMCSA) by 16.70 million shares in the quarter, for a total of 16.72 million shares, and has risen its stake in Liberty Global Plc (NASDAQ:LBTYK).

More important recent Aon plc (NYSE:AON) news were published by: Seekingalpha.com which released: “Aon Corporation 2018 Q1 – Results – Earnings Call Slides” on May 04, 2018, also Prnewswire.com published article titled: “Aon Reports First Quarter 2018 Results”, Streetinsider.com published: “Aon plc (AON) Names Eric Andersen and Michael O’Connor as Co-Presidents” on May 15, 2018. More interesting news about Aon plc (NYSE:AON) was released by: Prnewswire.com and their article: “Aon Appoints Eric Andersen and Michael O’Connor as Co-Presidents of the Firm” with publication date: May 15, 2018.

Investors sentiment decreased to 1.08 in 2018 Q1. Its down 0.21, from 1.29 in 2017Q4. It is negative, 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. Mitchell Mngmt Co holds 7,027 shares. Doheny Asset Ca reported 800 shares. The Alabama-based Fjarde Ap has invested 2.56% in Amazon.com, Inc. (NASDAQ:AMZN). Synovus Corp invested 0.42% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Green Valley Investors Ltd Liability Corp has 9.92% invested in Amazon.com, Inc. (NASDAQ:AMZN). Gamble Jones Counsel accumulated 9,385 shares. Private Capital Advsr stated it has 0.43% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Moreover, Asset Mngmt has 1.84% invested in Amazon.com, Inc. (NASDAQ:AMZN) for 9,086 shares. Uss Invest Mngmt Limited holds 121,136 shares or 2.1% of its portfolio. D Scott Neal reported 125 shares. Wealthcare Capital Mgmt Ltd Liability has 53 shares for 0.01% of their portfolio. Capital Impact Limited Liability Company reported 5,254 shares. Bp Public Limited Company has 45,800 shares. Wallington Asset Mgmt Limited Com owns 2,723 shares or 1.04% of their US portfolio. Newbrook Cap Ltd Partnership stated it has 3.5% in Amazon.com, Inc. (NASDAQ:AMZN).

Since December 7, 2017, it had 0 insider buys, and 21 insider sales for $64.49 million activity. Blackburn Jeffrey M also sold $3.23M worth of Amazon.com, Inc. (NASDAQ:AMZN) on Tuesday, May 15. 2,216 shares valued at $3.24M were sold by Zapolsky David on Thursday, February 15. Reynolds Shelley sold 544 shares worth $795,502. Shares for $3.42M were sold by Olsavsky Brian T on Thursday, February 15. $2.90 million worth of Amazon.com, Inc. (NASDAQ:AMZN) was sold by Jassy Andrew R. Shares for $1.01M were sold by ALBERG TOM A on Wednesday, February 21.

Kemnay Advisory Services Inc, which manages about $231.75 million US Long portfolio, upped its stake in Thor Inds Inc (NYSE:THO) by 2,649 shares to 11,063 shares, valued at $1.27 million in 2018Q1, according to the filing. It also increased its holding in Alibaba Group Hldg Ltd (NYSE:BABA) by 11,961 shares in the quarter, for a total of 89,606 shares, and has risen its stake in Nxp Semiconductors N V (NASDAQ:NXPI).

More notable recent Amazon.com, Inc. (NASDAQ:AMZN) news were published by: Seekingalpha.com which released: “Meeker report: Amazon gains market share, China gains on US” on May 30, 2018, also Seekingalpha.com with their article: “The Proof That Amazon Is Undervalued” published on May 23, 2018, 247Wallst.com published: “FCC Wants Amazon, eBay to Stop Selling Fake Set-Top Boxes” on May 30, 2018. More interesting news about Amazon.com, Inc. (NASDAQ:AMZN) were released by: Seekingalpha.com and their article: “Amazon shareholder meeting on tap” published on May 30, 2018 as well as Nasdaq.com‘s news article titled: “How to Chase Salesforce’s Earnings Momentum” with publication date: May 30, 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 303 analyst reports since July 21, 2015 according to SRatingsIntel. Wells Fargo maintained it with “Buy” rating and $1755.0 target in Thursday, March 15 report. On Tuesday, January 30 the stock rating was maintained by Guggenheim with “Buy”. Susquehanna initiated the shares of AMZN in report on Friday, January 15 with “Positive” rating. BMO Capital Markets maintained Amazon.com, Inc. (NASDAQ:AMZN) rating on Tuesday, January 16. BMO Capital Markets has “Buy” rating and $1600.0 target. Oppenheimer maintained Amazon.com, Inc. (NASDAQ:AMZN) rating on Friday, January 29. Oppenheimer has “Outperform” rating and $700 target. The rating was maintained by Axiom Capital on Tuesday, November 1 with “Buy”. The rating was maintained by Jefferies on Friday, June 16 with “Buy”. The rating was maintained by Canaccord Genuity on Thursday, December 1 with “Buy”. Argus Research maintained Amazon.com, Inc. (NASDAQ:AMZN) on Thursday, September 21 with “Buy” rating. As per Friday, August 25, the company rating was maintained by Raymond James.

Analysts await Amazon.com, Inc. (NASDAQ:AMZN) to report earnings on July, 26. They expect $2.42 earnings per share, up 505.00% or $2.02 from last year’s $0.4 per share. AMZN’s profit will be $1.17B for 167.86 P/E if the $2.42 EPS becomes a reality. After $3.27 actual earnings per share reported by Amazon.com, Inc. for the previous quarter, Wall Street now forecasts -25.99% negative EPS growth.

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

The post Eagle Capital Management Stake in Aon Plc (AON) Has Decreased by $119.72 Million; Kemnay Advisory Services Has Decreased Its Amazon Com (AMZN) Position as Stock Price Rose appeared first on Stock Market News | HillCountryTimes | Get it Today.



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