Market News

As Exxon Mobil (XOM) Valuation Declined, Capital Wealth Planning Trimmed Stake by $3.58 Million; Amazon.Com (AMZN) Shareholder Ithaka Group Has Decreased Its Position as Stock Rose

Exxon Mobil Corporation (NYSE:XOM) Logo

Capital Wealth Planning Llc decreased its stake in Exxon Mobil Corporation (XOM) by 51.89% based on its latest 2017Q4 regulatory filing with the SEC. Capital Wealth Planning Llc sold 43,139 shares as the company’s stock declined 12.23% with the market. The institutional investor held 40,000 shares of the integrated oil company at the end of 2017Q4, valued at $3.35M, down from 83,139 at the end of the previous reported quarter. Capital Wealth Planning Llc who had been investing in Exxon Mobil Corporation for a number of months, seems to be less bullish one the $346.67B market cap company. The stock decreased 0.17% or $0.14 during the last trading session, reaching $81.88. About 11.22 million shares traded. Exxon Mobil Corporation (NYSE:XOM) has declined 9.29% since May 18, 2017 and is downtrending. It has underperformed by 20.84% the S&P500.

Ithaka Group Llc decreased its stake in Amazon.Com Inc. (AMZN) by 1.26% based on its latest 2017Q4 regulatory filing with the SEC. Ithaka Group Llc sold 416 shares as the company’s stock rose 28.13% while stock markets declined. The institutional investor held 32,657 shares of the consumer services company at the end of 2017Q4, valued at $38.19 million, down from 33,073 at the end of the previous reported quarter. Ithaka Group Llc who had been investing in Amazon.Com Inc. for a number of months, seems to be less bullish one the $767.51 billion market cap company. The stock decreased 0.35% or $5.52 during the last trading session, reaching $1581.76. About 2.00 million shares traded. Amazon.com, Inc. (NASDAQ:AMZN) has risen 76.78% since May 18, 2017 and is uptrending. It has outperformed by 65.23% the S&P500.

Since December 7, 2017, it had 0 insider purchases, and 15 sales for $49.01 million activity. WILKE JEFFREY A had sold 1,550 shares worth $2.35 million. The insider STONESIFER PATRICIA Q sold $2.17 million. Shares for $3.35 million were sold by ALBERG TOM A on Thursday, February 15. On Thursday, February 15 the insider Jassy Andrew R sold $2.90M. $3.42 million worth of stock was sold by Olsavsky Brian T on Thursday, February 15. $3.24M worth of Amazon.com, Inc. (NASDAQ:AMZN) was sold by Zapolsky David on Thursday, February 15.

More notable recent Amazon.com, Inc. (NASDAQ:AMZN) news were published by: Nasdaq.com which released: “Amazon.com, Inc. (AMZN) Will Now Deliver to Your Car Trunk with Key In-Car” on April 25, 2018, also Seekingalpha.com with their article: “Pentagon explains single winner for cloud contract” published on May 14, 2018, Bizjournals.com published: “Meet the company that stocks Tesla, Amazon’s fridges” on May 16, 2018. More interesting news about Amazon.com, Inc. (NASDAQ:AMZN) were released by: Bizjournals.com and their article: “Now hiring: Amazon pieces together plans to open cashierless grocery store in SF” published on May 15, 2018 as well as 247Wallst.com‘s news article titled: “Amazon Offers More Price Cuts at Whole Foods” with publication date: May 16, 2018.

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. The firm has “Buy” rating given on Friday, October 23 by Benchmark. Guggenheim initiated the shares of AMZN in report on Friday, September 30 with “Buy” rating. The stock of Amazon.com, Inc. (NASDAQ:AMZN) has “Outperform” rating given on Friday, September 16 by RBC Capital Markets. Argus Research maintained it with “Buy” rating and $1150.0 target in Thursday, September 21 report. Jefferies maintained Amazon.com, Inc. (NASDAQ:AMZN) on Friday, February 2 with “Buy” rating. The firm has “Buy” rating by Aegis Capital given on Friday, February 2. The firm earned “Buy” rating on Friday, July 24 by Citigroup. The firm earned “Outperform” rating on Friday, April 27 by Wedbush. Canaccord Genuity maintained Amazon.com, Inc. (NASDAQ:AMZN) on Friday, October 23 with “Hold” rating. The rating was maintained by Robert W. Baird on Friday, April 27 with “Buy”.

Investors sentiment increased to 1.29 in 2017 Q4. Its up 0.03, from 1.26 in 2017Q3. It is positive, 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. Alphamark Limited invested 0.03% in Amazon.com, Inc. (NASDAQ:AMZN). Pittenger And Anderson stated it has 10,368 shares. Howe & Rusling accumulated 5,601 shares. Nadler Financial Gru accumulated 826 shares. Retail Bank Of Mellon invested in 4.07M shares. Central Bancorp & Tru owns 5,957 shares. Highbridge Mngmt Limited Liability Corporation invested in 0.33% or 15,727 shares. Ingalls Snyder Limited Liability Company reported 1,351 shares. The Connecticut-based Hardman Johnston Global Advsrs Lc has invested 0.91% in Amazon.com, Inc. (NASDAQ:AMZN). Citigroup Inc invested in 455,518 shares or 0.43% of the stock. Duncker Streett And Inc reported 1,279 shares. Sterneck Lc holds 0.13% or 180 shares. Lincoln Capital Limited Liability Company has 1.9% invested in Amazon.com, Inc. (NASDAQ:AMZN). State Board Of Administration Of Florida Retirement holds 1.74% or 558,880 shares in its portfolio. Amg National Tru Bancorporation accumulated 0.34% or 4,504 shares.

Analysts await Amazon.com, Inc. (NASDAQ:AMZN) to report earnings on July, 26. They expect $2.42 EPS, up 505.00% or $2.02 from last year’s $0.4 per share. AMZN’s profit will be $1.17 billion for 163.40 P/E if the $2.42 EPS becomes a reality. After $3.27 actual EPS reported by Amazon.com, Inc. for the previous quarter, Wall Street now forecasts -25.99% negative EPS growth.

Ithaka Group Llc, which manages about $535.35 million and $557.64M US Long portfolio, upped its stake in Autodesk Inc. (NASDAQ:ADSK) by 16,035 shares to 87,995 shares, valued at $9.23M in 2017Q4, according to the filing.

Since December 11, 2017, it had 0 insider buys, and 4 sales for $3.42 million activity. 12,000 shares were sold by Chapman Neil A, worth $996,628 on Thursday, December 14. Another trade for 7,281 shares valued at $606,082 was sold by Milton Bryan W. 19,500 shares were sold by Corson Bradley W, worth $1.62M.

Analysts await Exxon Mobil Corporation (NYSE:XOM) to report earnings on July, 27. They expect $1.16 EPS, up 48.72% or $0.38 from last year’s $0.78 per share. XOM’s profit will be $4.91B for 17.65 P/E if the $1.16 EPS becomes a reality. After $1.09 actual EPS reported by Exxon Mobil Corporation for the previous quarter, Wall Street now forecasts 6.42% EPS growth.

More notable recent Exxon Mobil Corporation (NYSE:XOM) news were published by: Seekingalpha.com which released: “Exxon Mobil Dividend Stock Analysis” on April 23, 2018, also Seekingalpha.com with their article: “Exxon Mobil: Has The Paradigm Shifted?” published on April 25, 2018, Seekingalpha.com published: “Reuters: Exxon’s Beaumont refinery to overhaul coker, hydrotreater” on May 14, 2018. More interesting news about Exxon Mobil Corporation (NYSE:XOM) were released by: Seekingalpha.com and their article: “Exxon: Is The Bottom In?” published on May 04, 2018 as well as Seekingalpha.com‘s news article titled: “Reuters: Exxon’s Baytown refinery gasoline unit shut” with publication date: May 11, 2018.

Investors sentiment decreased to 0.84 in 2017 Q4. Its down 0.01, from 0.85 in 2017Q3. It is negative, as 48 investors sold XOM shares while 819 reduced holdings. 123 funds opened positions while 603 raised stakes. 2.17 billion shares or 1.92% more from 2.13 billion shares in 2017Q3 were reported. Washington Mgmt holds 2.19% in Exxon Mobil Corporation (NYSE:XOM) or 26,180 shares. Illinois-based Interocean Capital Ltd Liability Corporation has invested 3.03% in Exxon Mobil Corporation (NYSE:XOM). Northwestern Mutual Wealth holds 438,022 shares. Mount Vernon Associates Md owns 8,060 shares or 1.02% of their US portfolio. Rowland Comm Invest Counsel Adv reported 2.55% stake. Sawgrass Asset Management Ltd Liability Com reported 26,058 shares. Rdl Fincl holds 1.59% of its portfolio in Exxon Mobil Corporation (NYSE:XOM) for 30,568 shares. Evercore Wealth Mgmt Ltd has 0.68% invested in Exxon Mobil Corporation (NYSE:XOM) for 220,262 shares. Augustine Asset Mngmt Inc, Florida-based fund reported 14,751 shares. Mu Invs Company Ltd owns 1,090 shares or 0.06% of their US portfolio. The Georgia-based Atlantic Trust Gp Ltd Co has invested 0.32% in Exxon Mobil Corporation (NYSE:XOM). Sand Hill Advsrs Limited Liability accumulated 75,676 shares. Stewart Patten Co Llc owns 2.33% invested in Exxon Mobil Corporation (NYSE:XOM) for 155,994 shares. Cadinha And Ltd Limited Liability Company holds 173,959 shares or 2.01% of its portfolio. Goelzer Investment Inc holds 1.39% or 147,675 shares.

Among 26 analysts covering Exxon Mobil (NYSE:XOM), 10 have Buy rating, 5 Sell and 11 Hold. Therefore 38% are positive. Exxon Mobil had 95 analyst reports since July 22, 2015 according to SRatingsIntel. Jefferies maintained it with “Hold” rating and $81.0 target in Tuesday, October 3 report. Nomura initiated the stock with “Reduce” rating in Friday, March 18 report. The firm has “Hold” rating by Piper Jaffray given on Thursday, October 5. Piper Jaffray maintained Exxon Mobil Corporation (NYSE:XOM) on Sunday, April 22 with “Hold” rating. The rating was maintained by HSBC with “Hold” on Wednesday, March 8. Vetr upgraded the shares of XOM in report on Thursday, August 20 to “Buy” rating. The rating was upgraded by Bank of America to “Buy” on Thursday, May 11. The firm earned “Neutral” rating on Monday, February 5 by Credit Suisse. Vetr downgraded Exxon Mobil Corporation (NYSE:XOM) on Wednesday, August 12 to “Strong-Buy” rating. Jefferies maintained Exxon Mobil Corporation (NYSE:XOM) rating on Thursday, October 19. Jefferies has “Hold” rating and $84.0 target.

Capital Wealth Planning Llc, which manages about $380.53 million and $72.55 million US Long portfolio, upped its stake in Procter & Gamble Co (NYSE:PG) by 4,489 shares to 22,129 shares, valued at $2.03M in 2017Q4, according to the filing.

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

Leave a Reply

Your email address will not be published. Required fields are marked *