Washington Trust Bank Boosted Costco Wholesale (COST) Stake; Croft-Leominster Has Cut By $13.42 Million Its Amazon Com (AMZN) Stake

April 8, 2018 - By John Hoffman

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

Washington Trust Bank increased Costco Wholesale Corp (COST) stake by 17.03% reported in 2017Q4 SEC filing. Washington Trust Bank acquired 7,761 shares as Costco Wholesale Corp (COST)’s stock declined 1.86%. The Washington Trust Bank holds 53,331 shares with $9.93 million value, up from 45,570 last quarter. Costco Wholesale Corp now has $80.73 billion valuation. The stock decreased 1.23% or $2.29 during the last trading session, reaching $183.96. About 2.26 million shares traded. Costco Wholesale Corporation (NASDAQ:COST) has risen 14.69% since April 8, 2017 and is uptrending. It has outperformed by 3.14% the S&P500.

Croft-Leominster Inc decreased Amazon Com Inc (AMZN) stake by 81.92% reported in 2017Q4 SEC filing. Croft-Leominster Inc sold 11,479 shares as Amazon Com Inc (AMZN)’s stock rose 28.13%. The Croft-Leominster Inc holds 2,533 shares with $2.96 million value, down from 14,012 last quarter. Amazon Com Inc now has $680.28B valuation. The stock decreased 3.20% or $46.52 during the last trading session, reaching $1405.23. About 5.88 million shares traded. Amazon.com, Inc. (NASDAQ:AMZN) has risen 76.78% since April 8, 2017 and is uptrending. It has outperformed by 65.23% the S&P500.

Since October 4, 2017, it had 0 insider buys, and 16 insider sales for $23.62 million activity. Murphy James P. sold 5,000 shares worth $937,421. $2.21 million worth of stock was sold by Rose Timothy L. on Thursday, March 22. 5,200 shares valued at $977,510 were sold by Vachris Roland Michael on Monday, January 8. LIBENSON RICHARD M sold $3.86M worth of Costco Wholesale Corporation (NASDAQ:COST) on Monday, December 18. MEISENBACH JOHN W sold 3,000 shares worth $573,930. 5,000 shares were sold by ZOOK DENNIS R, worth $809,578 on Wednesday, October 4. MOULTON PAUL G sold $2.21 million worth of Costco Wholesale Corporation (NASDAQ:COST) on Monday, March 12.

Among 32 analysts covering Costco Wholesale (NASDAQ:COST), 22 have Buy rating, 0 Sell and 10 Hold. Therefore 69% are positive. Costco Wholesale has $230.0 highest and $144.0 lowest target. $190.52’s average target is 3.57% above currents $183.96 stock price. Costco Wholesale had 123 analyst reports since August 24, 2015 according to SRatingsIntel. The rating was maintained by Oppenheimer on Friday, November 3 with “Buy”. The rating was maintained by Stifel Nicolaus on Monday, September 18 with “Buy”. The firm earned “Outperform” rating on Thursday, December 8 by Credit Suisse. Stifel Nicolaus reinitiated Costco Wholesale Corporation (NASDAQ:COST) on Friday, January 20 with “Buy” rating. The firm has “Buy” rating given on Monday, June 19 by Oppenheimer. Citigroup maintained the shares of COST in report on Friday, October 6 with “Buy” rating. The firm earned “Hold” rating on Friday, October 6 by Jefferies. On Wednesday, June 28 the stock rating was maintained by Deutsche Bank with “Hold”. The rating was maintained by Oppenheimer with “Buy” on Thursday, August 24. The stock of Costco Wholesale Corporation (NASDAQ:COST) has “Buy” rating given on Thursday, July 27 by Robert W. Baird.

Investors sentiment decreased to 0.98 in 2017 Q4. Its down 0.21, from 1.19 in 2017Q3. It dived, as 64 investors sold COST shares while 442 reduced holdings. 134 funds opened positions while 364 raised stakes. 308.22 million shares or 1.23% more from 304.48 million shares in 2017Q3 were reported. Manufacturers Life Insurance The reported 0.24% stake. Synovus Fincl Corporation holds 23,267 shares. Beaumont Fincl Prns Lc accumulated 0.03% or 1,481 shares. Bremer Trust National Association owns 1,723 shares or 0.09% of their US portfolio. Stillwater Investment Mngmt Llc holds 12,972 shares. Liberty Mutual Group Incorporated Asset Mgmt Incorporated reported 17,481 shares or 0.1% of all its holdings. Wilbanks Smith & Thomas Asset Limited Liability Corporation owns 2,707 shares. Moreover, Haverford Trust Co has 0.02% invested in Costco Wholesale Corporation (NASDAQ:COST). 4,577 were accumulated by Logan Capital. Barclays Public Limited Com has 579,387 shares for 0.09% of their portfolio. 2,750 are held by Birmingham Company Al. Ipswich Invest Mngmt Com Inc has invested 0.44% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST). Cypress Asset Mngmt Inc Tx owns 12,817 shares or 0.51% of their US portfolio. Amp Cap Invsts invested in 252,213 shares or 0.25% of the stock. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Mngmt invested in 0.03% or 17,600 shares.

Analysts await Amazon.com, Inc. (NASDAQ:AMZN) to report earnings on April, 26. They expect $1.19 earnings per share, down 19.59% or $0.29 from last year’s $1.48 per share. AMZN’s profit will be $576.09 million for 295.22 P/E if the $1.19 EPS becomes a reality. After $2.16 actual earnings per share reported by Amazon.com, Inc. for the previous quarter, Wall Street now forecasts -44.91% negative EPS growth.

Since December 7, 2017, it had 0 insider buys, and 13 insider sales for $45.88 million activity. ALBERG TOM A had sold 2,285 shares worth $3.35M. 2,000 shares were sold by WILKE JEFFREY A, worth $2.99 million on Friday, February 23. Shares for $2.90M were sold by Jassy Andrew R. $18.50M worth of Amazon.com, Inc. (NASDAQ:AMZN) was sold by Blackburn Jeffrey M. 2,216 shares were sold by Zapolsky David, worth $3.24M on Thursday, February 15. Another trade for 544 shares valued at $795,502 was sold by Reynolds Shelley. $3.42 million worth of Amazon.com, Inc. (NASDAQ:AMZN) was sold by Olsavsky Brian T.

Among 54 analysts covering Amazon.com (NASDAQ:AMZN), 51 have Buy rating, 0 Sell and 3 Hold. Therefore 94% are positive. Amazon.com has $2000.0 highest and $105 lowest target. $1404.67’s average target is -0.04% below currents $1405.23 stock price. Amazon.com had 280 analyst reports since July 21, 2015 according to SRatingsIntel. Credit Suisse maintained it with “Outperform” rating and $800 target in Tuesday, January 19 report. On Monday, October 16 the stock rating was maintained by Loop Capital Markets with “Buy”. The company was maintained on Monday, February 5 by Nomura. As per Monday, January 18, the company rating was initiated by Susquehanna. Cantor Fitzgerald maintained the stock with “Buy” rating in Friday, July 24 report. JP Morgan maintained Amazon.com, Inc. (NASDAQ:AMZN) rating on Friday, October 23. JP Morgan has “Overweight” rating and $800 target. Loop Capital Markets initiated Amazon.com, Inc. (NASDAQ:AMZN) rating on Tuesday, September 12. Loop Capital Markets has “Buy” rating and $1200.0 target. Robert W. Baird maintained Amazon.com, Inc. (NASDAQ:AMZN) on Tuesday, August 15 with “Buy” rating. The rating was maintained by JMP Securities with “Market Outperform” on Friday, October 23. Aegis Capital maintained it with “Buy” rating and $1289.0 target in Friday, October 27 report.

Investors sentiment increased to 1.29 in 2017 Q4. Its up 0.03, from 1.26 in 2017Q3. It improved, as 69 investors sold AMZN shares while 578 reduced holdings. 168 funds opened positions while 667 raised stakes. 280.02 million shares or 0.09% more from 279.77 million shares in 2017Q3 were reported. Osborne Prtn Cap Mngmt Ltd Llc reported 0.04% in Amazon.com, Inc. (NASDAQ:AMZN). Garnet Equity Capital Hldg has 9,000 shares. Narwhal Cap Management holds 0.61% in Amazon.com, Inc. (NASDAQ:AMZN) or 2,261 shares. Landscape Mgmt Ltd Liability holds 1.15% or 11,004 shares. Cap Financial Advisers Limited Com invested in 15,522 shares. Hhr Asset Mgmt Limited Liability Com has 62,700 shares for 4.09% of their portfolio. Blume Cap Mgmt accumulated 750 shares. Bremer Association invested 0.52% in Amazon.com, Inc. (NASDAQ:AMZN). Steinberg Glob Asset Mgmt reported 0.53% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). The Switzerland-based Pictet North America Sa has invested 0.27% in Amazon.com, Inc. (NASDAQ:AMZN). Eastern Commercial Bank owns 20,378 shares. Massmutual Fsb Adv owns 65 shares for 0% of their portfolio. Country Club Tru Na invested in 0.11% or 710 shares. 72 were accumulated by Willingdon Wealth. Cypress Funds Limited Liability Company has 31,000 shares for 6.27% of their portfolio.

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