Healthinvest Partners Ab Cut Position in Cigna (CI) as Share Value Declined; Empirical Financial Services Maintains Stake in Amazon Com (AMZN)

April 17, 2018 - By Adrian Erickson

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

Anders Hallberg decreased its stake in Cigna Corporation (CI) by 61.93% based on its latest 2017Q4 regulatory filing with the SEC. Healthinvest Partners Ab sold 21,800 shares as the company’s stock declined 18.61% with the market. The hedge fund run by Anders Hallberg held 13,400 shares of the medical specialities company at the end of 2017Q4, valued at $2.72M, down from 35,200 at the end of the previous reported quarter. Healthinvest Partners Ab who had been investing in Cigna Corporation for a number of months, seems to be less bullish one the $42.59B market cap company. The stock increased 2.00% or $3.43 during the last trading session, reaching $175.08. About 2.20M shares traded. Cigna Corporation (NYSE:CI) has risen 13.35% since April 17, 2017 and is uptrending. It has outperformed by 1.80% the S&P500.

Empirical Financial Services Llc increased its stake in Amazon Com Inc (AMZN) by 120.02% based on its latest 2017Q4 regulatory filing with the SEC. Empirical Financial Services Llc bought 1,499 shares as the company’s stock rose 28.13% while stock markets declined. The institutional investor held 2,748 shares of the consumer services company at the end of 2017Q4, valued at $3.21M, up from 1,249 at the end of the previous reported quarter. Empirical Financial Services Llc who had been investing in Amazon Com Inc for a number of months, seems to be bullish on the $697.84 billion market cap company. The stock increased 0.75% or $10.71 during the last trading session, reaching $1441.5. About 2.63M shares traded. Amazon.com, Inc. (NASDAQ:AMZN) has risen 76.78% since April 17, 2017 and is uptrending. It has outperformed by 65.23% the S&P500.

Investors sentiment increased to 1.29 in Q4 2017. 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. Waverton Invest Mgmt Limited has invested 5.87% in Amazon.com, Inc. (NASDAQ:AMZN). Guild Inv Inc owns 0.37% invested in Amazon.com, Inc. (NASDAQ:AMZN) for 335 shares. Winslow Mngmt Lc owns 779,531 shares or 5.04% of their US portfolio. Partner Investment Mngmt Ltd Partnership reported 799 shares. Barton Inv holds 12.62% or 49,174 shares. Salem Investment Counselors, a North Carolina-based fund reported 17,497 shares. Amer National Registered Inv Advisor has invested 1.09% in Amazon.com, Inc. (NASDAQ:AMZN). Staley Cap Advisers owns 2,919 shares for 0.26% of their portfolio. Convergence Investment Lc reported 0.67% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Geode Capital Mgmt Limited Liability Co accumulated 4.22M shares. Patriot Wealth Management owns 6,897 shares. Spectrum Gru, Indiana-based fund reported 2,021 shares. Brick & Kyle Associate holds 4.14% or 4,353 shares in its portfolio. Tompkins Finance Corporation holds 1,827 shares or 0.49% of its portfolio. Headinvest Limited Liability Com owns 235 shares.

Empirical Financial Services Llc, which manages about $933.31M and $466.32 million US Long portfolio, decreased its stake in Vanguard Bd Index Fd Inc (BSV) by 19,950 shares to 6,987 shares, valued at $553,000 in 2017Q4, according to the filing.

Among 54 analysts covering Amazon.com (NASDAQ:AMZN), 50 have Buy rating, 0 Sell and 4 Hold. Therefore 93% are positive. Amazon.com had 283 analyst reports since July 21, 2015 according to SRatingsIntel. On Friday, February 2 the stock rating was maintained by Bank of America with “Buy”. The rating was maintained by Credit Suisse with “Buy” on Wednesday, October 11. The stock of Amazon.com, Inc. (NASDAQ:AMZN) has “Outperform” rating given on Friday, February 3 by RBC Capital Markets. RBC Capital Markets maintained the stock with “Outperform” rating in Friday, September 11 report. The rating was maintained by UBS with “Buy” on Friday, October 23. The rating was maintained by Barclays Capital on Friday, February 2 with “Buy”. The stock of Amazon.com, Inc. (NASDAQ:AMZN) has “Hold” rating given on Sunday, July 23 by KeyBanc Capital Markets. Axiom Capital maintained the shares of AMZN in report on Friday, April 29 with “Buy” rating. The firm has “Buy” rating by Needham given on Tuesday, January 30. The rating was maintained by Goldman Sachs with “Buy” on Monday, October 24.

Since December 7, 2017, it had 0 insider buys, and 13 insider sales for $45.88 million activity. 250 shares were sold by WILKE JEFFREY A, worth $387,475. ALBERG TOM A also sold $3.35 million worth of Amazon.com, Inc. (NASDAQ:AMZN) on Thursday, February 15. $3.42M worth of Amazon.com, Inc. (NASDAQ:AMZN) was sold by Olsavsky Brian T. Another trade for 2,216 shares valued at $3.24 million was sold by Zapolsky David. Reynolds Shelley sold $795,502 worth of stock. $18.50 million worth of Amazon.com, Inc. (NASDAQ:AMZN) shares were sold by Blackburn Jeffrey M.

Investors sentiment decreased to 0.91 in Q4 2017. Its down 0.05, from 0.96 in 2017Q3. It dropped, as 38 investors sold CI shares while 280 reduced holdings. 92 funds opened positions while 197 raised stakes. 208.24 million shares or 0.93% more from 206.32 million shares in 2017Q3 were reported. Wright Service has 0.17% invested in Cigna Corporation (NYSE:CI) for 2,486 shares. Ibm Retirement Fund invested 0.22% of its portfolio in Cigna Corporation (NYSE:CI). Investec Asset invested 1.54% of its portfolio in Cigna Corporation (NYSE:CI). Ironwood Financial Ltd Llc owns 406 shares for 0.05% of their portfolio. Numeric Limited Liability has 392,902 shares for 0.58% of their portfolio. Hall Laurie J Trustee reported 19,513 shares or 2.26% of all its holdings. Rhumbline Advisers holds 0.19% in Cigna Corporation (NYSE:CI) or 469,676 shares. Da Davidson stated it has 1,603 shares or 0.01% of all its holdings. Nichols And Pratt Advisers Limited Liability Partnership Ma has invested 0.14% in Cigna Corporation (NYSE:CI). Janney Montgomery Scott Ltd Liability Co reported 67,688 shares. Fdx Advisors Incorporated has 4,379 shares. Palladium Prns Lc reported 42,858 shares. Paloma Prtnrs Mgmt holds 38,699 shares or 0.11% of its portfolio. San Francisco Sentry Invest Group Incorporated (Ca) has 0.02% invested in Cigna Corporation (NYSE:CI) for 320 shares. Bryn Mawr Trust invested in 0.06% or 5,111 shares.

Since December 11, 2017, it had 0 buys, and 10 sales for $17.30 million activity. $43,604 worth of Cigna Corporation (NYSE:CI) was sold by ZOLLARS WILLIAM D. Cordani David also sold $7.05 million worth of Cigna Corporation (NYSE:CI) shares. Another trade for 5,856 shares valued at $1.12 million was made by Jones Nicole S on Friday, March 2. HARRIS ISAIAH JR sold $44,382 worth of stock. ZARCONE DONNA F also sold $1.29 million worth of Cigna Corporation (NYSE:CI) shares. 2,759 shares were sold by Hocevar Christopher J, worth $529,287 on Friday, March 2.

Analysts await Cigna Corporation (NYSE:CI) to report earnings on May, 3 before the open. They expect $3.39 earnings per share, up 22.38% or $0.62 from last year’s $2.77 per share. CI’s profit will be $824.57 million for 12.91 P/E if the $3.39 EPS becomes a reality. After $1.94 actual earnings per share reported by Cigna Corporation for the previous quarter, Wall Street now forecasts 74.74% EPS growth.

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

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