Hosking Partners LLP Has $260.08 Million Holdings in Amazon.com, Inc. (AMZN)

Hosking Partners LLP trimmed its position in Amazon.com, Inc. (NASDAQ:AMZN) by 2.3% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 268,677 shares of the e-commerce giant’s stock after selling 6,207 shares during the quarter. Amazon.com makes up approximately 6.9% of Hosking Partners LLP’s holdings, making the stock its largest position. Hosking Partners LLP owned 0.06% of Amazon.com worth $260,079,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of AMZN. Reinhart Partners Inc. increased its holdings in shares of Amazon.com by 66.8% in the 1st quarter. Reinhart Partners Inc. now owns 789 shares of the e-commerce giant’s stock valued at $699,000 after acquiring an additional 316 shares during the last quarter. WealthTrust Fairport LLC increased its holdings in shares of Amazon.com by 18.4% in the 1st quarter. WealthTrust Fairport LLC now owns 5,962 shares of the e-commerce giant’s stock valued at $5,286,000 after acquiring an additional 926 shares during the last quarter. Rhumbline Advisers increased its holdings in shares of Amazon.com by 1.1% in the 1st quarter. Rhumbline Advisers now owns 635,236 shares of the e-commerce giant’s stock valued at $563,162,000 after acquiring an additional 7,068 shares during the last quarter. CT Mason bought a new stake in shares of Amazon.com in the 1st quarter valued at approximately $3,508,000. Finally, Brick & Kyle Associates increased its holdings in shares of Amazon.com by 1.7% in the 1st quarter. Brick & Kyle Associates now owns 4,325 shares of the e-commerce giant’s stock valued at $3,834,000 after acquiring an additional 72 shares during the last quarter. Institutional investors and hedge funds own 59.70% of the company’s stock.

Shares of Amazon.com, Inc. (NASDAQ AMZN) opened at $1,162.35 on Friday. The company has a quick ratio of 0.74, a current ratio of 1.03 and a debt-to-equity ratio of 1.00. The firm has a market capitalization of $560,103.94, a price-to-earnings ratio of 295.01, a PEG ratio of 14.56 and a beta of 1.47. Amazon.com, Inc. has a twelve month low of $736.70 and a twelve month high of $1,213.41.

Amazon.com (NASDAQ:AMZN) last announced its quarterly earnings data on Thursday, October 26th. The e-commerce giant reported $0.52 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.09 by ($0.57). The firm had revenue of $43.74 billion during the quarter, compared to analyst estimates of $42.26 billion. Amazon.com had a net margin of 1.20% and a return on equity of 8.67%. The company’s quarterly revenue was up 33.7% compared to the same quarter last year. During the same quarter last year, the company earned $0.52 EPS. analysts forecast that Amazon.com, Inc. will post 4.24 EPS for the current year.

A number of equities research analysts have recently weighed in on AMZN shares. Mizuho reiterated a “buy” rating and issued a $1,250.00 price target on shares of Amazon.com in a report on Monday, August 7th. Goldman Sachs Group reiterated a “conviction-buy” rating and issued a $1,275.00 price target on shares of Amazon.com in a report on Wednesday, August 9th. Tigress Financial restated a “buy” rating on shares of Amazon.com in a research note on Wednesday, August 9th. Piper Jaffray Companies restated an “overweight” rating and set a $1,200.00 price objective on shares of Amazon.com in a research note on Thursday, August 10th. Finally, Cowen restated an “outperform” rating and set a $1,125.00 price objective on shares of Amazon.com in a research note on Thursday, August 10th. Five analysts have rated the stock with a hold rating and forty-eight have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $1,207.37.

In other news, VP Shelley Reynolds sold 544 shares of the company’s stock in a transaction on Wednesday, November 15th. The stock was sold at an average price of $1,126.27, for a total value of $612,690.88. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Tom A. Alberg sold 835 shares of the company’s stock in a transaction on Monday, November 27th. The shares were sold at an average price of $1,202.74, for a total value of $1,004,287.90. Following the completion of the sale, the director now owns 17,114 shares of the company’s stock, valued at approximately $20,583,692.36. The disclosure for this sale can be found here. In the last 90 days, insiders sold 399,538 shares of company stock valued at $441,142,749. Insiders own 17.70% of the company’s stock.

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Amazon.com Company Profile

Amazon.com, Inc offers a range of products and services through its Websites. The Company operates through three segments: North America, International and Amazon Web Services (AWS). The Company’s products include merchandise and content that it purchases for resale from vendors and those offered by third-party sellers.

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Institutional Ownership by Quarter for Amazon.com (NASDAQ:AMZN)

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