Allen Investment Management Has Lowered Amazon Com (AMZN) Stake By $2.73 Million; Avx (AVX)’s Sentiment Is 1.12

December 12, 2017 - By Winifred Garcia

Allen Investment Management Llc decreased Amazon Com Inc (AMZN) stake by 36.47% reported in 2017Q2 SEC filing. Allen Investment Management Llc sold 2,820 shares as Amazon Com Inc (AMZN)’s stock rose 13.58%. The Allen Investment Management Llc holds 4,913 shares with $4.76 million value, down from 7,733 last quarter. Amazon Com Inc now has $564.64B valuation. The stock increased 0.24% or $2.85 during the last trading session, reaching $1171.77. About 460,399 shares traded. Amazon.com, Inc. (NASDAQ:AMZN) has risen 37.41% since December 12, 2016 and is uptrending. It has outperformed by 20.71% the S&P500.

AVX Corporation, together with its subsidiaries, makes and supplies various passive electronic components, interconnect devices, and related products worldwide. The company has market cap of $2.93 billion. The firm operates through three divisions: Passive Components, Kyocera Electronic Devices , and Interconnect. It has a 21.75 P/E ratio. The Passive Components segment primarily offers surface mount and leaded ceramic capacitors, RF thick and thin film components, surface mount and leaded tantalum capacitors, surface mount and leaded film capacitors, ceramic and film power capacitors, super capacitors, EMI filters, thick and thin film packages of multiple passive integrated components, varistors, thermistors, inductors, and resistive products.

Among 50 analysts covering Amazon.com (NASDAQ:AMZN), 47 have Buy rating, 0 Sell and 3 Hold. Therefore 94% are positive. Amazon.com had 238 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Mizuho on Friday, February 3 with “Buy”. Credit Suisse maintained Amazon.com, Inc. (NASDAQ:AMZN) on Wednesday, January 11 with “Outperform” rating. The rating was maintained by RBC Capital Markets on Friday, September 11 with “Outperform”. BMO Capital Markets maintained the shares of AMZN in report on Friday, July 28 with “Buy” rating. The firm has “Buy” rating given on Friday, October 27 by Stifel Nicolaus. Axiom Capital maintained it with “Buy” rating and $953 target in Tuesday, November 1 report. The stock of Amazon.com, Inc. (NASDAQ:AMZN) earned “Buy” rating by Jefferies on Friday, July 29. The company was maintained on Friday, February 3 by Morgan Stanley. The company was maintained on Monday, September 11 by Robert W. Baird. The rating was maintained by Oppenheimer with “Outperform” on Friday, October 27.

Investors sentiment decreased to 1.26 in Q2 2017. Its down 0.10, from 1.36 in 2017Q1. It worsened, 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. 1,626 were accumulated by First Heartland Consultants. The United Kingdom-based Uss Investment Management Limited has invested 0.97% in Amazon.com, Inc. (NASDAQ:AMZN). Shoker Counsel has 285 shares. Ftb Incorporated owns 626 shares or 0.07% of their US portfolio. Sands Capital Mngmt Limited Liability Corporation owns 5.69% invested in Amazon.com, Inc. (NASDAQ:AMZN) for 1.95M shares. Scotia Capital owns 22,780 shares. Pacific Global Invest Mgmt reported 648 shares. Clarkston Ptnrs Lc holds 0.01% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN) for 247 shares. Madison Invest holds 0.05% or 2,888 shares in its portfolio. Segall Bryant And Hamill Ltd Liability Co holds 2.02% or 88,581 shares in its portfolio. The Massachusetts-based Bainco has invested 1.94% in Amazon.com, Inc. (NASDAQ:AMZN). Fulton National Bank Na holds 0.23% or 3,082 shares in its portfolio. Covington Capital Management owns 16,371 shares for 1.28% of their portfolio. The New York-based Scopus Asset Mngmt Ltd Partnership has invested 1.66% in Amazon.com, Inc. (NASDAQ:AMZN). Cap Int Sarl invested 0.92% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN).

Analysts await Amazon.com, Inc. (NASDAQ:AMZN) to report earnings on February, 1. They expect $1.96 earnings per share, up 27.27% or $0.42 from last year’s $1.54 per share. AMZN’s profit will be $944.47M for 149.46 P/E if the $1.96 EPS becomes a reality. After $0.52 actual earnings per share reported by Amazon.com, Inc. for the previous quarter, Wall Street now forecasts 276.92% EPS growth.

Allen Investment Management Llc increased Ihs Markit Ltd stake by 37,995 shares to 107,180 valued at $4.72M in 2017Q2. It also upped Abiomed Inc (NASDAQ:ABMD) stake by 6,199 shares and now owns 15,574 shares. American Intl Group Inc (NYSE:AIG) was raised too.

Analysts await AVX Corporation (NYSE:AVX) to report earnings on January, 23. They expect $0.18 EPS, down 14.29% or $0.03 from last year’s $0.21 per share. AVX’s profit will be $30.29 million for 24.17 P/E if the $0.18 EPS becomes a reality. After $0.21 actual EPS reported by AVX Corporation for the previous quarter, Wall Street now forecasts -14.29% negative EPS growth.

Sensato Investors Llc holds 3.43% of its portfolio in AVX Corporation for 830,431 shares. Jolley Asset Management Llc owns 250,171 shares or 2.86% of their US portfolio. Moreover, Semper Augustus Investments Group Llc has 2.79% invested in the company for 222,558 shares. The Texas-based Afam Capital Inc. has invested 0.3% in the stock. Breton Hill Capital Ltd., a Ontario – Canada-based fund reported 84,165 shares.

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