As Amazon Com (AMZN) Market Valuation Rose, Steinberg Global Asset Management Has Upped …

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As Amazon Com (AMZN) Market Valuation Rose, Steinberg Global Asset Management Has Upped …

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

Harvey Partners Llc decreased its stake in Orion Engineered Carbons S A (OEC) by 16.28% based on its latest 2018Q4 regulatory filing with the SEC. Harvey Partners Llc sold 35,000 shares as the company’s stock rose 7.84% with the market. The hedge fund held 180,000 shares of the major chemicals company at the end of 2018Q4, valued at $4.55 million, down from 215,000 at the end of the previous reported quarter. Harvey Partners Llc who had been investing in Orion Engineered Carbons S A for a number of months, seems to be less bullish one the $1.15 billion market cap company. The stock increased 1.36% or $0.26 during the last trading session, reaching $19.35. About 382,173 shares traded. Orion Engineered Carbons S.A. (NYSE:OEC) has risen 1.61% since May 14, 2018 and is uptrending. It has underperformed by 2.76% the S&P500. Some Historical OEC News: 09/04/2018 – S&P: ORION ENGINEERED CARBONS S.A. BB RATING AFFIRMED; 17/05/2018 – Orion Engineered Carbons 1Q Rev $406.7M; 17/05/2018 – ORION ENGINEERED CARBONS SA – QTRLY TOTAL VOLUMES INCREASED BY 4.0% TO 286.1 KMT; 11/04/2018 – Moody’s Changes Orion Outlook To Positive; Affirms Ba3 Cfr; 09/04/2018 – S&PGR: Revision of Outlook to Positive Reflects Orion’s Better-Than-Expected Credit Metrics in 2017; 05/03/2018 Orion Announces Filing of Annual Report for the Year Ended December 31, 2017; 17/05/2018 – ORION ENGINEERED CARBONS SA – QTRLY ADJ EPS $0.52; 20/03/2018 – Orion Engineered Carbons to Add Specialty Carbon Black Production Line in Italy; 17/05/2018 – ORION ENGINEERED CARBONS SA – INCREASING OUTLOOK FOR FULL YEAR ADJUSTED EBITDA TO BETWEEN $280 MLN AND $300 MLN; 17/05/2018 – ORION ENGINEERED CARBONS SA – QTRLY BASIC EPS $0.41

Steinberg Global Asset Management increased its stake in Amazon Com Inc (AMZN) by 14.3% based on its latest 2018Q4 regulatory filing with the SEC. Steinberg Global Asset Management bought 398 shares as the company’s stock rose 1.10% with the market. The institutional investor held 3,182 shares of the consumer services company at the end of 2018Q4, valued at $4.78M, up from 2,784 at the end of the previous reported quarter. Steinberg Global Asset Management who had been investing in Amazon Com Inc for a number of months, seems to be bullish on the $905.95 billion market cap company. The stock increased 0.96% or $17.44 during the last trading session, reaching $1840.12. About 4.34M shares traded or 0.99% up from the average. Amazon.com, Inc. (NASDAQ:AMZN) has risen 13.57% since May 14, 2018 and is uptrending. It has outperformed by 9.20% the S&P500. Some Historical AMZN News: 06/04/2018 – Amazon does have a natural advantage with its highest security clearance; 01/05/2018 – Amazon said Tuesday it’s invested more than $400 million in Massachusetts since 2011; 19/04/2018 – Now Anyone Can Create Their Own Personalized Alexa Skill in Just Minutes; 17/04/2018 – RUSSIAN COMMUNICATIONS WATCHDOG SAYS TOLD AMAZON AND GOOGLE THAT A LARGE NUMBER OF THEIR IP ADDRESSES ARE BEING BLOCKED BECAUSE OF TELEGRAM – IFAX; 29/03/2018 – They Once Saved Amazon. Now Convertible Bonds Expose Tech Qualms; 29/03/2018 – If Trump wants to take a shot at Amazon, there’s a potential billion-dollar deal staring him right in the face; 29/05/2018 – Jeff Bezos’ Blue Origin wants to step foot on the moon – and stay there for good; 19/04/2018 – CHILE ECONOMY MINISTER TO MEET AMAZON, OTHER COS IN U.S; 26/04/2018 – UPS CEO SAYS CONFIDENT CAN REACH AGREEMENT THAT WOULD REWARD EMPLOYEES BUT ALSO KEEP UPS COMPETITIVE; 27/04/2018 – Nutanix’s Amazon Cloud Killer Delayed by Engineering Problems

Steinberg Global Asset Management, which manages about $604.10 million and $582.51M US Long portfolio, decreased its stake in Spdr Series Trust (SCPB) by 241,809 shares to 8,727 shares, valued at $263,000 in 2018Q4, according to the filing. It also reduced its holding in Wisdomtree Tr (DHS) by 59,934 shares in the quarter, leaving it with 27,692 shares, and cut its stake in Vanguard Malvern Fds (VTIP).

Investors sentiment increased to 1.55 in 2018 Q4. Its up 0.37, from 1.18 in 2018Q3. It increased, as 93 investors sold AMZN shares while 536 reduced holdings. 184 funds opened positions while 793 raised stakes. 371.97 million shares or 42.70% more from 260.67 million shares in 2018Q3 were reported. Eagle Cap Management holds 5.67% or 924,269 shares. Moreover, Heritage Wealth Advisors has 0.15% invested in Amazon.com, Inc. (NASDAQ:AMZN). Blue Finance Cap Inc reported 5,549 shares. Prelude Management Ltd Liability invested in 1,103 shares or 0.11% of the stock. Sit Investment Associate reported 0.35% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Dimensional Fund Advisors Ltd Partnership owns 1.24 million shares for 0.84% of their portfolio. Mechanics Bancorp Trust Department, California-based fund reported 2,898 shares. Cullinan Assocs has invested 0.29% in Amazon.com, Inc. (NASDAQ:AMZN). Moreover, Kames Cap Public Limited Com has 3.36% invested in Amazon.com, Inc. (NASDAQ:AMZN) for 69,931 shares. Private Tru Co Na, Ohio-based fund reported 4,673 shares. Duquesne Family Office Ltd Llc invested 8.56% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Moreover, Bragg Advisors has 0.68% invested in Amazon.com, Inc. (NASDAQ:AMZN). Newbrook Cap Advisors Lp holds 6.95% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN) for 43,004 shares. Financial Advisory Service Inc has invested 0.52% in Amazon.com, Inc. (NASDAQ:AMZN). Brookstone Cap Mngmt reported 1,131 shares stake.

More notable recent Amazon.com, Inc. (NASDAQ:AMZN) news were published by: Seekingalpha.com which released: “Amazon Earnings Preview: The Most Disruptive Company In America Today? – Seeking Alpha” on April 24, 2019, also Seekingalpha.com with their article: “Amazon begins to market PillPack – Seeking Alpha” published on April 24, 2019, Nasdaq.com published: “What Industry Will Amazon Disrupt Next? – Nasdaq” on May 13, 2019. More interesting news about Amazon.com, Inc. (NASDAQ:AMZN) were released by: Nasdaq.com and their article: “A Foolish Take: A New Shopping Website Is Gaining Ground With US Teens – Nasdaq” published on April 22, 2019 as well as Nasdaq.com‘s news article titled: “Monday’s Vital Data: Alibaba, Amazon and U.S. Steel – Nasdaq” with publication date: May 06, 2019.

Since November 15, 2018, it had 0 insider purchases, and 1 insider sale for $1.85 million activity. On Thursday, November 15 Blackburn Jeffrey M sold $3.22 million worth of Amazon.com, Inc. (NASDAQ:AMZN) or 2,055 shares. Jassy Andrew R also sold $2.70 million worth of Amazon.com, Inc. (NASDAQ:AMZN) shares. $1.85 million worth of stock was sold by WILKE JEFFREY A on Tuesday, November 20. The insider Huttenlocher Daniel P sold 181 shares worth $285,960. Zapolsky David sold $3.02 million worth of stock or 1,929 shares. $3.21M worth of stock was sold by Olsavsky Brian T on Thursday, November 15.

Analysts await Orion Engineered Carbons S.A. (NYSE:OEC) to report earnings on August, 1. They expect $0.53 earnings per share, down 22.06% or $0.15 from last year’s $0.68 per share. OEC’s profit will be $31.55M for 9.13 P/E if the $0.53 EPS becomes a reality. After $0.39 actual earnings per share reported by Orion Engineered Carbons S.A. for the previous quarter, Wall Street now forecasts 35.90% EPS growth.

More notable recent Orion Engineered Carbons S.A. (NYSE:OEC) news were published by: Seekingalpha.com which released: “More on Orion Engineered Carbons Q4 results; shares slip ~19% – Seeking Alpha” on March 08, 2019, also Businesswire.com with their article: “Orion Engineered Carbons Implements EPA Surcharge in North America – Business Wire” published on December 20, 2018, Finance.Yahoo.com published: “Is Orion Engineered Carbons S.A.’s (NYSE:OEC) 17% ROCE Any Good? – Yahoo Finance” on May 07, 2019. More interesting news about Orion Engineered Carbons S.A. (NYSE:OEC) were released by: Businesswire.com and their article: “Orion Engineered Carbons Announces General Meetings – Business Wire” published on March 01, 2019 as well as Businesswire.com‘s news article titled: “Orion Engineered Carbons Announces Interim Cash Dividend – Business Wire” with publication date: September 27, 2018.

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

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Published at Tue, 14 May 2019 22:29:50 +0000