Cit Group (CIT) Holder Salzhauer Michael Has Raised Stake by $849,660 as Valuation Rose; Amazon Com (AMZN) Holder Shaker Investments Has Boosted Stake

May 20, 2018 - By Marguerite Chambers

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

Shaker Investments Llc increased its stake in Amazon Com Inc (AMZN) by 101.92% based on its latest 2017Q4 regulatory filing with the SEC. Shaker Investments Llc bought 265 shares as the company’s stock rose 28.13% while stock markets declined. The institutional investor held 525 shares of the consumer services company at the end of 2017Q4, valued at $614,000, up from 260 at the end of the previous reported quarter. Shaker Investments Llc who had been investing in Amazon Com Inc for a number of months, seems to be bullish on the $763.93 billion market cap company. The stock decreased 0.47% or $7.39 during the last trading session, reaching $1574.37. About 2.18 million shares traded. Amazon.com, Inc. (NASDAQ:AMZN) has risen 76.78% since May 20, 2017 and is uptrending. It has outperformed by 65.23% the S&P500.

Salzhauer Michael increased its stake in Cit Group Inc (CIT) by 247.71% based on its latest 2017Q4 regulatory filing with the SEC. Salzhauer Michael bought 17,340 shares as the company’s stock rose 2.13% while stock markets declined. The institutional investor held 24,340 shares of the consumer services company at the end of 2017Q4, valued at $1.20 million, up from 7,000 at the end of the previous reported quarter. Salzhauer Michael who had been investing in Cit Group Inc for a number of months, seems to be bullish on the $6.95B market cap company. The stock increased 0.11% or $0.06 during the last trading session, reaching $54.71. About 4.32 million shares traded or 334.09% up from the average. CIT Group Inc. (NYSE:CIT) has risen 25.02% since May 20, 2017 and is uptrending. It has outperformed by 13.47% the S&P500.

Shaker Investments Llc, which manages about $129.10M and $151.00M US Long portfolio, decreased its stake in Celgene Corp (NASDAQ:CELG) by 4,128 shares to 11,003 shares, valued at $1.15 million in 2017Q4, according to the filing. It also reduced its holding in Bank Of The Ozarks (NASDAQ:OZRK) by 6,950 shares in the quarter, leaving it with 75,660 shares, and cut its stake in B & G Foods Inc New (NYSE:BGS).

Among 55 analysts covering Amazon.com (NASDAQ:AMZN), 52 have Buy rating, 0 Sell and 3 Hold. Therefore 95% are positive. Amazon.com had 302 analyst reports since July 21, 2015 according to SRatingsIntel. Susquehanna initiated it with “Positive” rating and $900.0 target in Friday, January 15 report. M Partners maintained Amazon.com, Inc. (NASDAQ:AMZN) on Tuesday, August 2 with “Buy” rating. As per Friday, September 23, the company rating was maintained by Mizuho. Robert W. Baird maintained Amazon.com, Inc. (NASDAQ:AMZN) on Tuesday, August 29 with “Buy” rating. The firm earned “Buy” rating on Monday, October 23 by Canaccord Genuity. The stock of Amazon.com, Inc. (NASDAQ:AMZN) has “Overweight” rating given on Friday, August 28 by Morgan Stanley. JP Morgan maintained the stock with “Overweight” rating in Thursday, April 7 report. The firm earned “Buy” rating on Friday, January 29 by Benchmark. The firm earned “Hold” rating on Thursday, June 15 by KeyBanc Capital Markets. On Friday, September 30 the stock rating was initiated by Guggenheim with “Buy”.

Investors sentiment increased to 1.29 in 2017 Q4. Its up 0.03, from 1.26 in 2017Q3. It increased, 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. Proshare Advisors Limited Liability Co invested in 274,126 shares. Burke Herbert Fincl Bank Trust invested in 0.38% or 379 shares. Clifford Swan Invest Counsel Ltd Liability owns 7,491 shares. Bourgeon Cap Mngmt Ltd holds 540 shares or 0.35% of its portfolio. Stack Financial Management Inc owns 1,063 shares. Chemical Savings Bank reported 3,856 shares or 0.49% of all its holdings. 126,364 are held by Clarivest Asset Management Ltd Liability. Tiaa Cref Investment Management Limited Com owns 2.70M shares for 2.08% of their portfolio. The Illinois-based Vaughan David Investments Il has invested 0.01% in Amazon.com, Inc. (NASDAQ:AMZN). Compton Mngmt Ri has invested 0.7% in Amazon.com, Inc. (NASDAQ:AMZN). Cap Advsr Llc stated it has 0.4% in Amazon.com, Inc. (NASDAQ:AMZN). Provise Mngmt Limited Liability holds 1.13% or 6,752 shares in its portfolio. Wilbanks Smith Thomas Asset Management Llc has 2,026 shares. Johnson Financial Group Inc Inc holds 6,645 shares. Dnb Asset Mgmt As has invested 0.61% in Amazon.com, Inc. (NASDAQ:AMZN).

Since December 7, 2017, it had 0 buys, and 15 selling transactions for $49.01 million activity. Jassy Andrew R had sold 1,985 shares worth $2.90M. The insider WILKE JEFFREY A sold $2.35 million. Another trade for 2,333 shares valued at $3.42 million was sold by Olsavsky Brian T. Shares for $795,502 were sold by Reynolds Shelley on Thursday, February 15. STONESIFER PATRICIA Q had sold 1,375 shares worth $2.17 million on Wednesday, May 2. Blackburn Jeffrey M sold 12,666 shares worth $18.50M.

More notable recent Amazon.com, Inc. (NASDAQ:AMZN) news were published by: Seekingalpha.com which released: “WaPo: Trump pushed Postmaster General to double Amazon fees” on May 18, 2018, also Fool.com with their article: “Chico’s FAS Embraces the Future With an Amazon Partnership” published on May 18, 2018, Seekingalpha.com published: “Pentagon explains single winner for cloud contract” on May 14, 2018. More interesting news about Amazon.com, Inc. (NASDAQ:AMZN) were released by: Seekingalpha.com and their article: “Citi: Amazon’s India business worth $16B” published on May 18, 2018 as well as Nasdaq.com‘s news article titled: “Amazon.com, Inc. (AMZN) Will Now Deliver to Your Car Trunk with Key In-Car” with publication date: April 25, 2018.

Investors sentiment decreased to 0.9 in Q4 2017. Its down 0.11, from 1.01 in 2017Q3. It is negative, as 31 investors sold CIT shares while 97 reduced holdings. 41 funds opened positions while 74 raised stakes. 129.34 million shares or 3.85% less from 134.52 million shares in 2017Q3 were reported. Sg Americas Ltd Liability Com holds 0% or 3,345 shares. Kemnay Advisory Ser holds 25,994 shares or 0.57% of its portfolio. Manufacturers Life Company The stated it has 0.04% in CIT Group Inc. (NYSE:CIT). Moreover, Macquarie Group Incorporated Limited has 0.01% invested in CIT Group Inc. (NYSE:CIT) for 69,600 shares. Andra Ap reported 59,600 shares. Quinn Opportunity Partners holds 0.22% or 27,223 shares. Panagora Asset Mgmt reported 0% of its portfolio in CIT Group Inc. (NYSE:CIT). 5,693 were accumulated by Asset. Citadel Advsr Ltd Liability Company holds 94,589 shares. Tiaa Cref Invest Limited Liability holds 0.03% in CIT Group Inc. (NYSE:CIT) or 810,622 shares. State Street Corporation, Massachusetts-based fund reported 6.49M shares. Westpac Corp invested 0.01% in CIT Group Inc. (NYSE:CIT). Dnb Asset Mgmt As has 0.01% invested in CIT Group Inc. (NYSE:CIT). Kirr Marbach And Co Ltd Com In has 229,050 shares. Jpmorgan Chase And Communication holds 0.01% or 1.38M shares.

More news for CIT Group Inc. (NYSE:CIT) were recently published by: Globenewswire.com, which released: “Recent Analysis Shows CIT Group, Republic Services, Etsy, Tiffany, Booz Allen Hamilton Holding, and EOG Resources …” on May 09, 2018. Prnewswire.com‘s article titled: “CIT Bank Provides $6 Million Investment To Jumpstart A New Credit Union Branch For Low And Moderate Income …” and published on May 17, 2018 is yet another important article.

Among 20 analysts covering CIT Group (NYSE:CIT), 8 have Buy rating, 0 Sell and 12 Hold. Therefore 40% are positive. CIT Group had 68 analyst reports since July 23, 2015 according to SRatingsIntel. Oppenheimer maintained CIT Group Inc. (NYSE:CIT) on Wednesday, February 3 with “Outperform” rating. The firm has “Hold” rating given on Friday, December 1 by Wells Fargo. Stifel Nicolaus downgraded CIT Group Inc. (NYSE:CIT) rating on Friday, October 7. Stifel Nicolaus has “Hold” rating and $41 target. The rating was maintained by Keefe Bruyette & Woods on Thursday, December 21 with “Hold”. Oppenheimer maintained CIT Group Inc. (NYSE:CIT) on Tuesday, July 25 with “Buy” rating. BMO Capital Markets maintained CIT Group Inc. (NYSE:CIT) on Wednesday, October 25 with “Underperform” rating. The stock has “Buy” rating by BTIG Research on Tuesday, July 25. The rating was maintained by BMO Capital Markets with “Sell” on Friday, October 6. The stock of CIT Group Inc. (NYSE:CIT) has “Buy” rating given on Wednesday, April 26 by Bank of America. The rating was maintained by Nomura with “Neutral” on Tuesday, May 3.

Since March 1, 2018, it had 0 buys, and 1 sale for $107,268 activity.

Salzhauer Michael, which manages about $254.56M US Long portfolio, decreased its stake in Jpmorgan Chase & Co (NYSE:JPM) by 54,011 shares to 32,289 shares, valued at $3.45M in 2017Q4, according to the filing. It also reduced its holding in Discover Finl Svcs (NYSE:DFS) by 8,342 shares in the quarter, leaving it with 6,258 shares, and cut its stake in Bank New York Mellon Corp (NYSE:BK).

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

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