Bristol John W Co Inc Ny Lowers stake in Amazon.com (AMZN)

Amazon.com (AMZN) : Bristol John W Co Inc Ny reduced its stake in Amazon.com by 20.57% during the most recent quarter end. The investment management company now holds a total of 141,555 shares of Amazon.com which is valued at $104,194,389 after selling 36,653 shares in Amazon.com , the firm said in a disclosure report filed with the SEC on Jul 14, 2016.Amazon.com makes up approximately 2.83% of Bristol John W Co Inc Ny’s portfolio.

Other Hedge Funds, Including , Boys Arnold Co Inc added AMZN to its portfolio by purchasing 478 company shares during the most recent quarter which is valued at $351,841. Amazon.com makes up approx 0.06% of Boys Arnold Co Inc’s portfolio.Creative Planning boosted its stake in AMZN in the latest quarter, The investment management firm added 2,979 additional shares and now holds a total of 50,289 shares of Amazon.com which is valued at $37,346,120. Amazon.com makes up approx 0.27% of Creative Planning’s portfolio.Central Bank Trust Co reduced its stake in AMZN by selling 30 shares or 68.18% in the most recent quarter. The Hedge Fund company now holds 14 shares of AMZN which is valued at $10,397.Howland Capital Management boosted its stake in AMZN in the latest quarter, The investment management firm added 105 additional shares and now holds a total of 4,063 shares of Amazon.com which is valued at $3,030,226. Amazon.com makes up approx 0.28% of Howland Capital Management’s portfolio.

Amazon.com opened for trading at $735.49 and hit $741.5954 on the upside on Monday, eventually ending the session at $736.07, with a gain of 0.09% or 0.63 points. The heightened volatility saw the trading volume jump to 29,54,914 shares. Company has a market cap of $347,298 M.

On the company’s financial health, Amazon.com reported $1.07 EPS for the quarter, beating the analyst consensus estimate by $ 0.47 according to the earnings call on Apr 28, 2016. Analyst had a consensus of $0.60. The company had revenue of $29128.00 million for the quarter.The company’s revenue was up 28.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.12 EPS.

Many Wall Street Analysts have commented on Amazon.com. Company shares were Reiterated by The Benchmark Company on Jul 13, 2016 to “Buy”, Firm has raised the Price Target to $ 915 from a previous price target of $750 .Company shares were Reiterated by Axiom Capital on Jul 11, 2016 to “Buy”, Firm has raised the Price Target to $ 853 from a previous price target of $811 .Company shares were Reiterated by SunTrust on Jul 6, 2016 to “Neutral”, Firm has raised the Price Target to $ 775 from a previous price target of $710 .

Amazon.com Inc. (Amazon.com) is an e-commerce company. The Company sells a range of products and services through its Websites. The Company’s products are offered through consumer-facing Websites which include merchandise and content that it purchases for resale from vendors and those offered by third-party sellers. It designs its Websites to enable products to be sold by the Company and by third parties across various product categories. It also manufactures and sells electronic devices including Kindle e-readers Fire tablets Fire TVs Echo and Fire phones. Amazon.com operates in two segments: North America and International. The North America segment focuses on retail sales earned through North America-focused Websites. The International segment focuses on the Company’s operations done through its international Websites. It serves developers and enterprises through Amazon Web Services (AWS). It serves authors and independent publishers with Kindle Direct Publishing.

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