Oaktree Capital Management LP Lifted Vale Sa (VALE) Stake; Livforsakringsbolaget Skandia Omsesidigt Trimmed Its Amazon.Com (AMZN) Position

November 23, 2017 - By Peter Erickson

Oaktree Capital Management Lp increased Vale Sa (VALE) stake by 7.22% reported in 2017Q2 SEC filing. Oaktree Capital Management Lp acquired 90,000 shares as Vale Sa (VALE)’s stock declined 20.71%. The Oaktree Capital Management Lp holds 1.34M shares with $11.70 million value, up from 1.25 million last quarter. Vale Sa now has $56.88 billion valuation. The stock increased 2.91% or $0.31 on November 22, reaching $10.77. About 32.88 million shares traded or 19.91% up from the average. Vale SA (ADR) (NYSE:VALE) has risen 111.11% since November 23, 2016 and is uptrending. It has outperformed by 94.41% the S&P500.

Livforsakringsbolaget Skandia Omsesidigt decreased Amazon.Com Inc (AMZN) stake by 5.42% reported in 2017Q2 SEC filing. Livforsakringsbolaget Skandia Omsesidigt sold 700 shares as Amazon.Com Inc (AMZN)’s stock rose 13.58%. The Livforsakringsbolaget Skandia Omsesidigt holds 12,226 shares with $11.84M value, down from 12,926 last quarter. Amazon.Com Inc now has $565.27 billion valuation. The stock increased 1.46% or $16.67 on November 22, reaching $1156.16. About shares traded. Amazon.com, Inc. (NASDAQ:AMZN) has risen 37.41% since November 23, 2016 and is uptrending. It has outperformed by 20.71% the S&P500.

Among 25 analysts covering Vale S.A. (NYSE:VALE), 12 have Buy rating, 1 Sell and 12 Hold. Therefore 48% are positive. Vale S.A. had 68 analyst reports since August 3, 2015 according to SRatingsIntel. The stock of Vale SA (ADR) (NYSE:VALE) has “Neutral” rating given on Wednesday, December 7 by Credit Suisse. The firm has “Equal-Weight” rating by Barclays Capital given on Wednesday, September 21. BMO Capital Markets maintained the stock with “Hold” rating in Friday, September 1 report. The firm has “Neutral” rating by Nomura given on Thursday, March 17. Morgan Stanley upgraded Vale SA (ADR) (NYSE:VALE) rating on Tuesday, August 9. Morgan Stanley has “Equal-Weight” rating and $6.20 target. Goldman Sachs initiated it with “Neutral” rating and $4.40 target in Thursday, June 9 report. The rating was maintained by Credit Suisse with “Hold” on Friday, May 26. The stock has “Hold” rating by RBC Capital Markets on Wednesday, June 28. HSBC downgraded the shares of VALE in report on Wednesday, January 20 to “Hold” rating. The stock of Vale SA (ADR) (NYSE:VALE) earned “Buy” rating by Canaccord Genuity on Friday, September 4.

Oaktree Capital Management Lp decreased Priceline Group Inc/The (Prn) stake by 12.91M shares to 45.67M valued at $52.41 million in 2017Q2. It also reduced Jazz Investments I Ltd (Prn) stake by 2.15M shares and now owns 34.34 million shares. Citrix Systems Inc (Prn) was reduced too.

Analysts await Amazon.com, Inc. (NASDAQ:AMZN) to report earnings on February, 1. They expect $1.96 EPS, up 27.27% or $0.42 from last year’s $1.54 per share. AMZN’s profit will be $958.28M for 147.47 P/E if the $1.96 EPS becomes a reality. After $0.52 actual EPS reported by Amazon.com, Inc. for the previous quarter, Wall Street now forecasts 276.92% EPS growth.

Among 48 analysts covering Amazon.com (NASDAQ:AMZN), 45 have Buy rating, 0 Sell and 3 Hold. Therefore 94% are positive. Amazon.com had 233 analyst reports since July 21, 2015 according to SRatingsIntel. Piper Jaffray maintained it with “Overweight” rating and $650 target in Friday, July 24 report. The stock of Amazon.com, Inc. (NASDAQ:AMZN) earned “Buy” rating by Needham on Wednesday, September 27. The stock has “Buy” rating by Benchmark on Monday, June 19. Mizuho maintained it with “Buy” rating and $685 target in Friday, January 29 report. The firm has “Overweight” rating given on Tuesday, August 4 by Piper Jaffray. SunTrust maintained it with “Buy” rating and $1190.0 target in Monday, October 2 report. Stifel Nicolaus maintained the stock with “Buy” rating in Friday, February 3 report. Robert W. Baird maintained the shares of AMZN in report on Friday, October 23 with “Buy” rating. JP Morgan maintained Amazon.com, Inc. (NASDAQ:AMZN) on Friday, July 29 with “Overweight” rating. The stock has “Outperform” rating by RBC Capital Markets on Friday, October 23.

Investors sentiment decreased to 1.36 in Q2 2017. Its down 0.34, from 1.7 in 2017Q1. It dropped, as 64 investors sold AMZN shares while 542 reduced holdings. 153 funds opened positions while 670 raised stakes. 285.20 million shares or 2.71% less from 293.14 million shares in 2017Q1 were reported. Jennison Assocs Lc holds 3.62% or 3.52M shares. Boston Private Wealth Limited Liability Company has invested 1.12% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Destination Wealth Mngmt invested in 0.1% or 1,574 shares. Westwood Corporation Il reported 6.69% in Amazon.com, Inc. (NASDAQ:AMZN). Td has invested 0% in Amazon.com, Inc. (NASDAQ:AMZN). Paw Corporation holds 1.75% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN) for 1,800 shares. Tuttle Tactical Mgmt Ltd Limited Liability Company, Connecticut-based fund reported 530 shares. 14,029 are held by Great Lakes Ltd Liability. Community National Bank & Trust Na owns 14 shares for 0% of their portfolio. Vantage Advsrs stated it has 1,840 shares or 0.51% of all its holdings. Douglass Winthrop Lc accumulated 5,483 shares. Bridgeway Cap Mngmt holds 0.41% or 35,373 shares. Serv Automobile Association holds 489,641 shares. Blackhill Capital has 0.01% invested in Amazon.com, Inc. (NASDAQ:AMZN). S&Co owns 359 shares or 0.05% of their US portfolio.

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