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Spinnaker Trust Has Lifted Illinois Tool Works (ITW) Stake by $365,200; Stock Declined; Shareholder Whittier Trust Co Increased Amazon Com Com (AMZN) Stake

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Spinnaker Trust increased its stake in Illinois Tool Works Inc (ITW) by 58.64% based on its latest 2017Q4 regulatory filing with the SEC. Spinnaker Trust bought 2,200 shares as the company’s stock declined 6.87% with the market. The institutional investor held 5,952 shares of the industrial machinery and components company at the end of 2017Q4, valued at $993,000, up from 3,752 at the end of the previous reported quarter. Spinnaker Trust who had been investing in Illinois Tool Works Inc for a number of months, seems to be bullish on the $49.97 billion market cap company. The stock decreased 0.37% or $0.55 during the last trading session, reaching $147.51. About 341,060 shares traded. Illinois Tool Works Inc. (NYSE:ITW) has risen 18.23% since May 24, 2017 and is uptrending. It has outperformed by 6.68% the S&P500.

Whittier Trust Co increased its stake in Amazon Com Inc Com (AMZN) by 4.69% based on its latest 2017Q4 regulatory filing with the SEC. Whittier Trust Co bought 1,465 shares as the company’s stock rose 28.13% while stock markets declined. The institutional investor held 32,699 shares of the consumer services company at the end of 2017Q4, valued at $38.24M, up from 31,234 at the end of the previous reported quarter. Whittier Trust Co who had been investing in Amazon Com Inc Com for a number of months, seems to be bullish on the $777.18B market cap company. The stock decreased 0.01% or $0.1727 during the last trading session, reaching $1601.6873. About 1.87M shares traded. Amazon.com, Inc. (NASDAQ:AMZN) has risen 76.78% since May 24, 2017 and is uptrending. It has outperformed by 65.23% the S&P500.

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. As per Friday, February 3, the company rating was maintained by Mizuho. The stock of Amazon.com, Inc. (NASDAQ:AMZN) earned “Buy” rating by Canaccord Genuity on Wednesday, October 11. The rating was maintained by Loop Capital Markets with “Buy” on Friday, September 29. The firm has “Buy” rating by Maxim Group given on Thursday, July 20. The stock of Amazon.com, Inc. (NASDAQ:AMZN) earned “Outperform” rating by Credit Suisse on Friday, April 20. The stock has “Buy” rating by Deutsche Bank on Tuesday, October 24. Suntrust Robinson maintained the shares of AMZN in report on Friday, July 29 with “Neutral” rating. As per Tuesday, January 23, the company rating was maintained by Loop Capital. On Friday, January 29 the stock rating was maintained by RBC Capital Markets with “Outperform”. The company was maintained on Friday, August 28 by Cantor Fitzgerald.

Since December 7, 2017, it had 0 insider buys, and 21 selling transactions for $64.49 million activity. $788,924 worth of Amazon.com, Inc. (NASDAQ:AMZN) was sold by WILKE JEFFREY A on Tuesday, March 20. $3.42 million worth of Amazon.com, Inc. (NASDAQ:AMZN) was sold by Olsavsky Brian T on Thursday, February 15. Shares for $2.17M were sold by STONESIFER PATRICIA Q on Wednesday, May 2. The insider Zapolsky David sold $3.24 million. Shares for $2.72 million were sold by Jassy Andrew R. The insider ALBERG TOM A sold $3.35 million.

Whittier Trust Co, which manages about $2.87 billion US Long portfolio, decreased its stake in Spdr Series Trust S&P Divid Etf (SDY) by 42,619 shares to 85,032 shares, valued at $8.03 million in 2017Q4, according to the filing. It also reduced its holding in Celgene Corp Com (NASDAQ:CELG) by 53,113 shares in the quarter, leaving it with 62,202 shares, and cut its stake in Ppg Inds Inc Com (NYSE:PPG).

More notable recent Amazon.com, Inc. (NASDAQ:AMZN) news were published by: Livetradingnews.com which released: “Amazon.com, Inc. (NASDAQ:AMZN) Stock Consolidating” on May 22, 2018, also Nasdaq.com with their article: “Amazon.com, Inc. (AMZN) Will Now Deliver to Your Car Trunk with Key In-Car” published on April 25, 2018, Benzinga.com published: “Bernstein: Amazon Flex Is No Threat To FedEx, UPS” on May 24, 2018. More interesting news about Amazon.com, Inc. (NASDAQ:AMZN) were released by: Seekingalpha.com and their article: “VP of Alexa leaves Amazon” published on May 17, 2018 as well as Investorplace.com‘s news article titled: “20 Stocks Hedge Fund Managers Are Buying In Bulk” with publication date: May 23, 2018.

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. South Texas Money Ltd has 0.11% invested in Amazon.com, Inc. (NASDAQ:AMZN). Massachusetts-based Ipswich Incorporated has invested 2.01% in Amazon.com, Inc. (NASDAQ:AMZN). Martingale Asset Mngmt Lp holds 0.26% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN) for 17,073 shares. Stock Yards National Bank & Trust Trust holds 1.51% or 11,735 shares. Moreover, Mengis Cap Management Incorporated has 0.24% invested in Amazon.com, Inc. (NASDAQ:AMZN) for 334 shares. Riverpark Capital Limited Liability reported 20,387 shares stake. Kings Point Mngmt accumulated 5,726 shares. Yorktown Mgmt invested 0.09% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Scott & Selber owns 3.56% invested in Amazon.com, Inc. (NASDAQ:AMZN) for 5,693 shares. Focused Wealth Management invested in 0.2% or 543 shares. Intact Invest Mngmt owns 1,400 shares. Old Comml Bank In accumulated 2,446 shares. Roberts Glore & Il accumulated 0.46% or 645 shares. Ami Investment Mgmt owns 173 shares. State Of Alaska Department Of Revenue holds 1.08% or 38,857 shares in its portfolio.

Spinnaker Trust, which manages about $861.66 million US Long portfolio, decreased its stake in Cvs/Caremark Corp (NYSE:CVS) by 27,248 shares to 16,820 shares, valued at $1.22 million in 2017Q4, according to the filing. It also reduced its holding in Polaris Inds Inc (NYSE:PII) by 3,102 shares in the quarter, leaving it with 2,124 shares, and cut its stake in Fidelity Msci Information Techn (FTEC).

Since December 8, 2017, it had 0 insider buys, and 2 selling transactions for $8.31 million activity. NAGARAJAN SUNDARAM sold 18,650 shares worth $3.32 million.

Investors sentiment increased to 0.9 in Q4 2017. Its up 0.03, from 0.87 in 2017Q3. It increased, as 39 investors sold ITW shares while 379 reduced holdings. 117 funds opened positions while 261 raised stakes. 229.09 million shares or 9.01% less from 251.79 million shares in 2017Q3 were reported. First State Bank And Trust Co Of Newtown has invested 0.16% in Illinois Tool Works Inc. (NYSE:ITW). New York-based Shufro Rose & Llc has invested 1.16% in Illinois Tool Works Inc. (NYSE:ITW). Victory Cap Mngmt accumulated 26,243 shares. Yhb Investment Advisors has invested 0.14% in Illinois Tool Works Inc. (NYSE:ITW). Pekin Singer Strauss Asset Mgmt Il has 0.05% invested in Illinois Tool Works Inc. (NYSE:ITW) for 1,733 shares. Palladium Prtnrs Limited reported 0.07% stake. Park Corp Oh holds 0.21% or 22,079 shares in its portfolio. Point72 Asset Mgmt Lp reported 0.06% of its portfolio in Illinois Tool Works Inc. (NYSE:ITW). Winslow Evans & Crocker has 100 shares. Boston Common Asset Management Llc has invested 0.2% of its portfolio in Illinois Tool Works Inc. (NYSE:ITW). Dupont Cap Mgmt Corp holds 0.06% or 15,672 shares in its portfolio. Virtu Finance Limited Com accumulated 4,147 shares or 0.04% of the stock. & Mgmt Company accumulated 48,615 shares. Compass Capital Mngmt holds 176,420 shares or 4.45% of its portfolio. Westfield Cap Mgmt Com Lp has invested 0.75% in Illinois Tool Works Inc. (NYSE:ITW).

Among 19 analysts covering Illinois Tool Works Inc (NYSE:ITW), 8 have Buy rating, 0 Sell and 11 Hold. Therefore 42% are positive. Illinois Tool Works Inc had 90 analyst reports since July 24, 2015 according to SRatingsIntel. Robert W. Baird maintained Illinois Tool Works Inc. (NYSE:ITW) rating on Wednesday, January 24. Robert W. Baird has “Hold” rating and $175.0 target. Stifel Nicolaus maintained Illinois Tool Works Inc. (NYSE:ITW) rating on Monday, April 16. Stifel Nicolaus has “Hold” rating and $162 target. Deutsche Bank maintained the shares of ITW in report on Tuesday, August 25 with “Buy” rating. The rating was downgraded by JP Morgan on Thursday, August 17 to “Underweight”. The firm has “Neutral” rating by JP Morgan given on Tuesday, April 10. The rating was maintained by JP Morgan on Thursday, January 25 with “Neutral”. The stock has “Buy” rating by Argus Research on Tuesday, October 24. Stifel Nicolaus downgraded the shares of ITW in report on Monday, March 27 to “Hold” rating. Citigroup maintained the stock with “Buy” rating in Monday, October 9 report. The firm earned “Hold” rating on Monday, September 7 by Zacks.

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

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