Decatur Capital Management Inc. grew its position in Amazon.com, Inc. (NASDAQ:AMZN) by 6.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 18,847 shares of the e-commerce giant’s stock after purchasing an additional 1,096 shares during the quarter. Amazon.com comprises approximately 3.5% of Decatur Capital Management Inc.’s investment portfolio, making the stock its 4th biggest position. Decatur Capital Management Inc.’s holdings in Amazon.com were worth $18,119,000 at the end of the most recent reporting period.
Other hedge funds also recently modified their holdings of the company. Vestor Capital LLC lifted its stake in shares of Amazon.com by 10.1% in the 2nd quarter. Vestor Capital LLC now owns 109 shares of the e-commerce giant’s stock valued at $106,000 after acquiring an additional 10 shares during the last quarter. Clear Investment Research LLC increased its holdings in Amazon.com by 73,100.0% in the second quarter. Clear Investment Research LLC now owns 732 shares of the e-commerce giant’s stock valued at $107,000 after purchasing an additional 731 shares during the period. LeJeune Puetz Investment Counsel LLC acquired a new stake in Amazon.com in the second quarter valued at $116,000. Mountain Capital Investment Advisors Inc acquired a new stake in Amazon.com in the second quarter valued at $121,000. Finally, Archford Capital Strategies LLC increased its holdings in Amazon.com by 17,242.2% in the second quarter. Archford Capital Strategies LLC now owns 30,002 shares of the e-commerce giant’s stock valued at $127,000 after purchasing an additional 29,829 shares during the period. Institutional investors and hedge funds own 59.82% of the company’s stock.
A number of analysts have weighed in on AMZN shares. Stifel Nicolaus restated a “buy” rating and issued a $1,100.00 target price on shares of Amazon.com in a research note on Tuesday, October 24th. Loop Capital set a $1,200.00 price target on shares of Amazon.com and gave the company a “buy” rating in a research report on Friday, October 20th. Needham & Company LLC reaffirmed a “buy” rating and issued a $1,250.00 price target (up previously from $1,150.00) on shares of Amazon.com in a research report on Friday, October 27th. Cantor Fitzgerald raised their price target on shares of Amazon.com to $1,360.00 and gave the company an “overweight” rating in a research report on Friday, October 27th. They noted that the move was a valuation call. Finally, Vetr cut shares of Amazon.com from a “buy” rating to a “hold” rating and set a $1,277.08 price target on the stock. in a research report on Monday, January 8th. Four equities research analysts have rated the stock with a hold rating and fifty-one have given a buy rating to the company. Amazon.com presently has a consensus rating of “Buy” and a consensus price target of $1,278.33.
Shares of Amazon.com, Inc. (NASDAQ:AMZN) opened at $1,304.86 on Wednesday. The firm has a market cap of $628,780.00, a price-to-earnings ratio of 329.51, a price-to-earnings-growth ratio of 7.74 and a beta of 1.46. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.03 and a quick ratio of 0.74. Amazon.com, Inc. has a one year low of $803.00 and a one year high of $1,339.94.
Amazon.com (NASDAQ:AMZN) last issued its quarterly earnings data on Thursday, October 26th. The e-commerce giant reported $0.52 EPS for the quarter, missing the consensus estimate of $1.09 by ($0.57). The firm had revenue of $43.74 billion for the quarter, compared to the consensus estimate of $42.26 billion. Amazon.com had a net margin of 1.20% and a return on equity of 8.67%. The business’s revenue was up 33.7% on a year-over-year basis. During the same period last year, the company posted $0.52 earnings per share. equities analysts anticipate that Amazon.com, Inc. will post 4.24 EPS for the current fiscal year.
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Amazon.com, Inc offers a range of products and services through its Websites. The Company operates through three segments: North America, International and Amazon Web Services (AWS). The Company’s products include merchandise and content that it purchases for resale from vendors and those offered by third-party sellers.
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