Harvey Capital Management Has Raised Its Stake in Amazon.Com (AMZN) by $935,200; Dillon & Associates Holding in Colgate (CL) Decreased by $309,450 as Shares Declined

April 25, 2018 - By Winifred Garcia

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

Dillon & Associates Inc decreased its stake in Colgate (CL) by 2.9% based on its latest 2017Q4 regulatory filing with the SEC. Dillon & Associates Inc sold 4,126 shares as the company’s stock declined 7.81% with the market. The institutional investor held 138,360 shares of the package goods and cosmetics company at the end of 2017Q4, valued at $10.38 million, down from 142,486 at the end of the previous reported quarter. Dillon & Associates Inc who had been investing in Colgate for a number of months, seems to be less bullish one the $58.06 billion market cap company. The stock decreased 0.24% or $0.16 during the last trading session, reaching $66.47. About 1.03M shares traded. Colgate-Palmolive Company (NYSE:CL) has declined 5.65% since April 25, 2017 and is downtrending. It has underperformed by 17.20% the S&P500.

Harvey Capital Management Inc increased its stake in Amazon.Com Inc (AMZN) by 39.22% based on its latest 2017Q4 regulatory filing with the SEC. Harvey Capital Management Inc bought 800 shares as the company’s stock rose 28.13% while stock markets declined. The institutional investor held 2,840 shares of the consumer services company at the end of 2017Q4, valued at $3.32M, up from 2,040 at the end of the previous reported quarter. Harvey Capital Management Inc who had been investing in Amazon.Com Inc for a number of months, seems to be bullish on the $704.66 billion market cap company. The stock decreased 0.49% or $7.09 during the last trading session, reaching $1453. About 3.89 million shares traded. Amazon.com, Inc. (NASDAQ:AMZN) has risen 76.78% since April 25, 2017 and is uptrending. It has outperformed by 65.23% the S&P500.

Investors sentiment decreased to 0.87 in Q4 2017. Its down 0.03, from 0.9 in 2017Q3. It fall, as 56 investors sold CL shares while 444 reduced holdings. 98 funds opened positions while 335 raised stakes. 606.34 million shares or 1.77% less from 617.24 million shares in 2017Q3 were reported. Peddock Cap Advsr Ltd Liability Com has 1,000 shares. Willingdon Wealth Management stated it has 0.77% of its portfolio in Colgate-Palmolive Company (NYSE:CL). United Capital Fin Advisers Ltd Limited Liability Company holds 0.28% or 480,164 shares. Franklin Res Inc has invested 0.17% in Colgate-Palmolive Company (NYSE:CL). Highstreet Asset Inc stated it has 0.02% in Colgate-Palmolive Company (NYSE:CL). Salient Tru Lta holds 0.34% in Colgate-Palmolive Company (NYSE:CL) or 40,498 shares. Sumitomo Mitsui Asset Mngmt, a Japan-based fund reported 60,282 shares. Puzo Michael J holds 11,157 shares or 0.35% of its portfolio. Ntv Asset Limited Company holds 18,044 shares or 0.38% of its portfolio. 375,000 are held by Davidson Kempner Cap Management Lp. Benjamin F Edwards & Com reported 15,519 shares stake. Rockefeller Svcs holds 356,448 shares. The Idaho-based Mountain Pacific Advisers Inc Id has invested 0.07% in Colgate-Palmolive Company (NYSE:CL). Wesbanco Bancorp accumulated 26,685 shares. Triangle Wealth Mgmt stated it has 15,753 shares.

Dillon & Associates Inc, which manages about $242.35 million and $265.22 million US Long portfolio, upped its stake in Cognizant Tech Sol Cl A (NASDAQ:CTSH) by 6,802 shares to 50,656 shares, valued at $3.60 million in 2017Q4, according to the filing.

Among 25 analysts covering Colgate-Palmolive (NYSE:CL), 6 have Buy rating, 1 Sell and 18 Hold. Therefore 24% are positive. Colgate-Palmolive had 68 analyst reports since July 21, 2015 according to SRatingsIntel. Jefferies maintained the shares of CL in report on Thursday, January 4 with “Hold” rating. The rating was initiated by KeyBanc Capital Markets with “Sector Weight” on Friday, September 9. As per Tuesday, September 5, the company rating was maintained by RBC Capital Markets. The rating was maintained by RBC Capital Markets on Friday, November 10 with “Hold”. The firm has “Hold” rating given on Tuesday, April 17 by Stifel Nicolaus. The rating was maintained by Morgan Stanley with “Overweight” on Friday, April 20. The rating was downgraded by Citigroup to “Neutral” on Monday, January 30. The stock of Colgate-Palmolive Company (NYSE:CL) has “Overweight” rating given on Monday, September 25 by Morgan Stanley. The stock of Colgate-Palmolive Company (NYSE:CL) has “Buy” rating given on Thursday, April 14 by Citigroup. The firm has “Hold” rating by Stifel Nicolaus given on Monday, September 18.

Since December 13, 2017, it had 0 insider purchases, and 20 sales for $32.94 million activity. 44,418 shares were sold by MOISON FRANCK J, worth $3.10 million on Friday, February 9. Another trade for 1,524 shares valued at $106,939 was made by HUSTON JOHN J on Tuesday, February 20. $489,696 worth of stock was sold by CAHILL JOHN T on Tuesday, February 13. 19,500 shares were sold by Marsili Daniel B, worth $1.40 million on Monday, April 16. $180,521 worth of Colgate-Palmolive Company (NYSE:CL) was sold by Deoras Mukul on Tuesday, February 20. HANCOCK ELLEN M had sold 4,676 shares worth $346,581.

Analysts await Colgate-Palmolive Company (NYSE:CL) to report earnings on April, 27 before the open. They expect $0.73 earnings per share, up 8.96% or $0.06 from last year’s $0.67 per share. CL’s profit will be $637.61M for 22.76 P/E if the $0.73 EPS becomes a reality. After $0.75 actual earnings per share reported by Colgate-Palmolive Company for the previous quarter, Wall Street now forecasts -2.67% negative EPS growth.

Since December 7, 2017, it had 0 buys, and 13 selling transactions for $45.88 million activity. Shares for $3.42M were sold by Olsavsky Brian T. Zapolsky David had sold 2,216 shares worth $3.24M. WILKE JEFFREY A also sold $3.25 million worth of Amazon.com, Inc. (NASDAQ:AMZN) shares. ALBERG TOM A sold $1.01 million worth of Amazon.com, Inc. (NASDAQ:AMZN) on Wednesday, February 21. Reynolds Shelley had sold 544 shares worth $795,502. 12,666 Amazon.com, Inc. (NASDAQ:AMZN) shares with value of $18.50M were sold by Blackburn Jeffrey M.

Harvey Capital Management Inc, which manages about $386.73 million and $275.94 million US Long portfolio, decreased its stake in Hexcel (NYSE:HXL) by 30,400 shares to 29,175 shares, valued at $1.80 million in 2017Q4, according to the filing. It also reduced its holding in Acadia Pharmaceuticals Inc (NASDAQ:ACAD) by 11,858 shares in the quarter, leaving it with 218,842 shares, and cut its stake in Nektar Therapeutics (NASDAQ:NKTR).

Among 54 analysts covering Amazon.com (NASDAQ:AMZN), 50 have Buy rating, 0 Sell and 4 Hold. Therefore 93% are positive. Amazon.com had 288 analyst reports since July 21, 2015 according to SRatingsIntel. Evercore upgraded the stock to “Buy” rating in Wednesday, August 26 report. The firm has “Buy” rating given on Thursday, April 19 by Piper Jaffray. Suntrust Robinson maintained the stock with “Neutral” rating in Wednesday, July 6 report. The stock has “Hold” rating by KeyBanc Capital Markets on Wednesday, June 21. The rating was maintained by Citigroup with “Buy” on Friday, July 29. The stock of Amazon.com, Inc. (NASDAQ:AMZN) earned “Buy” rating by Stifel Nicolaus on Friday, October 27. The company was maintained on Tuesday, December 22 by Macquarie Research. RBC Capital Markets maintained Amazon.com, Inc. (NASDAQ:AMZN) rating on Friday, October 28. RBC Capital Markets has “Outperform” rating and $950 target. On Friday, February 2 the stock rating was maintained by Credit Suisse with “Outperform”. As per Friday, April 29, the company rating was maintained by Citigroup.

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

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:


>