Warburg Pincus Decreased Wex (3) (WEX) Stake by $252.75 Million; Market Value Declined; Amazon.Com (AMZN) Holder Ccm Investment Advisers Has Boosted Stake by $400,737 as Stock Rose

January 14, 2018 - By Nellie Frank

Ccm Investment Advisers Llc increased its stake in Amazon.Com Inc. (AMZN) by 3.27% based on its latest 2017Q3 regulatory filing with the SEC. Ccm Investment Advisers Llc bought 417 shares as the company’s stock rose 13.58% with the market. The institutional investor held 13,167 shares of the consumer services company at the end of 2017Q3, valued at $12.66M, up from 12,750 at the end of the previous reported quarter. Ccm Investment Advisers Llc who had been investing in Amazon.Com Inc. for a number of months, seems to be bullish on the $628.94B market cap company. The stock increased 2.23% or $28.52 during the last trading session, reaching $1305.2. About 5.44 million shares traded or 53.23% up from the average. Amazon.com, Inc. (NASDAQ:AMZN) has risen 37.41% since January 14, 2017 and is uptrending. It has outperformed by 20.71% the S&P500.

Warburg Pincus Llc decreased its stake in Wex Inc.(3) (WEX) by 87.9% based on its latest 2017Q3 regulatory filing with the SEC. Warburg Pincus Llc sold 2.26 million shares as the company’s stock declined 10.14% while stock markets rallied. The hedge fund held 310,538 shares of the business services company at the end of 2017Q3, valued at $34.85M, down from 2.57 million at the end of the previous reported quarter. Warburg Pincus Llc who had been investing in Wex Inc.(3) for a number of months, seems to be less bullish one the $6.21 billion market cap company. The stock decreased 0.14% or $0.2 during the last trading session, reaching $144.8. About 299,067 shares traded. WEX Inc. (NYSE:WEX) has risen 13.96% since January 14, 2017 and is uptrending. It has underperformed by 2.74% the S&P500.

Investors sentiment decreased to 1.26 in 2017 Q3. Its down 0.10, from 1.36 in 2017Q2. It dived, as 73 investors sold AMZN shares while 549 reduced holdings. 127 funds opened positions while 657 raised stakes. 279.77 million shares or 1.91% less from 285.20 million shares in 2017Q2 were reported. Capital Invest Ltd Liability Co has invested 0.35% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Jabre Ptnrs invested in 4,500 shares or 0.84% of the stock. Riverpark Advisors Limited Liability owns 0.66% invested in Amazon.com, Inc. (NASDAQ:AMZN) for 5,179 shares. 2,532 were reported by Hbk Sorce Advisory Limited Liability Corporation. Paradigm Asset Mngmt owns 0.77% invested in Amazon.com, Inc. (NASDAQ:AMZN) for 3,080 shares. Fort Point Limited Liability holds 0.47% or 1,023 shares. Papp L Roy & Assocs accumulated 0.06% or 311 shares. Comgest Global Sas stated it has 0.08% in Amazon.com, Inc. (NASDAQ:AMZN). Convergence Invest Prtnrs Limited holds 0.12% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN) for 893 shares. Brown Advisory Securities Ltd Com has 13,258 shares for 2.76% of their portfolio. Putnam Ltd Liability Com reported 656,039 shares. Ogorek Anthony Joseph Adv holds 0.08% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN) for 85 shares. Smith Chas P And Assoc Pa Cpas invested 0.06% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Trust Of Toledo Na Oh invested 0.41% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Twin Tree Mgmt LP has invested 0.03% in Amazon.com, Inc. (NASDAQ:AMZN).

Among 50 analysts covering Amazon.com (NASDAQ:AMZN), 47 have Buy rating, 0 Sell and 3 Hold. Therefore 94% are positive. Amazon.com had 246 analyst reports since July 21, 2015 according to SRatingsIntel. KeyBanc Capital Markets maintained Amazon.com, Inc. (NASDAQ:AMZN) on Thursday, June 15 with “Hold” rating. The rating was maintained by RBC Capital Markets on Friday, October 28 with “Outperform”. The firm earned “Buy” rating on Wednesday, June 21 by Robert W. Baird. The firm has “Buy” rating by Monness Crespi & Hardt given on Friday, July 24. The stock has “Buy” rating by Jefferies on Friday, July 28. J.P. Morgan maintained the shares of AMZN in report on Wednesday, May 31 with “Buy” rating. Oppenheimer maintained the shares of AMZN in report on Friday, July 28 with “Buy” rating. Nomura maintained the shares of AMZN in report on Friday, July 24 with “Buy” rating. RBC Capital Markets maintained it with “Buy” rating and $1100.0 target in Friday, October 13 report. The stock of Amazon.com, Inc. (NASDAQ:AMZN) earned “Buy” rating by Aegis Capital on Friday, January 20.

Ccm Investment Advisers Llc, which manages about $2.81 billion and $519.73 million US Long portfolio, decreased its stake in Fiserv Inc. (NASDAQ:FISV) by 3,815 shares to 84,954 shares, valued at $10.96M in 2017Q3, according to the filing. It also reduced its holding in Amgen (NASDAQ:AMGN) by 1,901 shares in the quarter, leaving it with 56,092 shares, and cut its stake in Abbvie Inc. (NYSE:ABBV).

Since August 3, 2017, it had 0 insider buys, and 9 selling transactions for $16.47 million activity. $1.96 million worth of Amazon.com, Inc. (NASDAQ:AMZN) was sold by Jassy Andrew R on Tuesday, August 15. 2,334 shares valued at $2.31M were sold by Olsavsky Brian T on Tuesday, August 15. $2.30M worth of Amazon.com, Inc. (NASDAQ:AMZN) was sold by Zapolsky David on Tuesday, August 15. WILKE JEFFREY A also sold $697,038 worth of Amazon.com, Inc. (NASDAQ:AMZN) on Tuesday, August 15. Shares for $2.05 million were sold by Blackburn Jeffrey M.

Analysts await WEX Inc. (NYSE:WEX) to report earnings on February, 12. They expect $1.32 EPS, up 10.00% or $0.12 from last year’s $1.2 per share. WEX’s profit will be $56.64M for 27.42 P/E if the $1.32 EPS becomes a reality. After $1.31 actual EPS reported by WEX Inc. for the previous quarter, Wall Street now forecasts 0.76% EPS growth.

Investors sentiment increased to 2.02 in Q3 2017. Its up 0.53, from 1.49 in 2017Q2. It increased, as 21 investors sold WEX shares while 40 reduced holdings. 24 funds opened positions while 99 raised stakes. 46.62 million shares or 2.64% more from 45.42 million shares in 2017Q2 were reported. Northern Corporation holds 0.01% or 411,533 shares. Northwestern Mutual Wealth Mngmt, Wisconsin-based fund reported 285 shares. Fmr Limited has invested 0.01% in WEX Inc. (NYSE:WEX). Quantitative Systematic Strategies Ltd Liability Corporation reported 0.05% of its portfolio in WEX Inc. (NYSE:WEX). Montag & Caldwell Ltd Liability reported 0.02% stake. Wellington Mgmt Ltd Liability Partnership holds 4.15M shares or 0.11% of its portfolio. California State Teachers Retirement Systems has 0.02% invested in WEX Inc. (NYSE:WEX). Arizona State Retirement Systems invested 0.03% in WEX Inc. (NYSE:WEX). Wendell David Assocs Incorporated stated it has 0.38% of its portfolio in WEX Inc. (NYSE:WEX). Blackrock Inc has 3.18M shares. Amalgamated Bank & Trust, New York-based fund reported 7,745 shares. The New York-based Williams Jones And Associate Limited Liability Company has invested 0.69% in WEX Inc. (NYSE:WEX). New York State Teachers Retirement System owns 67,057 shares for 0.02% of their portfolio. Eaton Vance Mngmt stated it has 2,204 shares or 0% of all its holdings. Teacher Retirement Of Texas reported 3,184 shares.

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