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As Amazon Com (AMZN) Shares Rose, Confluence Wealth Management Has Lifted Stake; Bowen Hanes & Co Boosted Holding in Wal (WMT) by $5.75 Million as Market Valuation Declined

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Confluence Wealth Management Llc increased its stake in Amazon Com Inc (AMZN) by 125% based on its latest 2018Q1 regulatory filing with the SEC. Confluence Wealth Management Llc bought 420 shares as the company’s stock rose 5.80% while stock markets declined. The institutional investor held 756 shares of the consumer services company at the end of 2018Q1, valued at $1.09M, up from 336 at the end of the previous reported quarter. Confluence Wealth Management Llc who had been investing in Amazon Com Inc for a number of months, seems to be bullish on the $832.49B market cap company. The stock decreased 0.84% or $14.55 during the last trading session, reaching $1715.67. About 3.37M shares traded. Amazon.com, Inc. (NASDAQ:AMZN) has risen 62.09% since June 24, 2017 and is uptrending. It has outperformed by 49.52% the S&P500. Some Historical AMZN News: 10/04/2018 – MENA B2C E-Commerce Market Report 2018 with Players Digikala, Jumia, and Amazon’s Souq.com Covered – ResearchAndMarkets.com; 14/05/2018 – AMAZON CONTINUES INVESTMENT & GROWTH IN OHIO WITH NEW WEST; 26/05/2018 – Foreign Investment—European Trader: Caution on an Amazon Killer — Barron’s; 18/05/2018 – Netgem launches SoundBox HD: New Smart Soundbar With Amazon Prime Video and Alexa Voice Control; 17/05/2018 – Amazon’s 10-person board has only three women. That’s on par with the company’s peers. And that’s not saying much; 09/05/2018 – SEARS AUTO CENTERS – NEW SERVICE WITH AMAZON WILL BE ROLLING OUT TO CUSTOMERS ACROSS U.S. OVER COMING WEEKS; 06/04/2018 – Trump attacked Amazon over taxes – but his own online store reportedly collects sales tax from only 2 states; 26/04/2018 – Amazon’s sellers are going global, helping the company generate big profits; 29/03/2018 – Facebook, Amazon Reveal Gender Pay Gap of Their U.K. Workforces; 16/05/2018 – Amazon Dominates Direct-to-Consumer TV Network Subscriptions

Bowen Hanes & Co Inc increased its stake in Wal (WMT) by 27.91% based on its latest 2018Q1 regulatory filing with the SEC. Bowen Hanes & Co Inc bought 65,365 shares as the company’s stock declined 11.45% with the market. The institutional investor held 299,581 shares of the consumer services company at the end of 2018Q1, valued at $26.65 million, up from 234,216 at the end of the previous reported quarter. Bowen Hanes & Co Inc who had been investing in Wal for a number of months, seems to be bullish on the $250.29B market cap company. The stock increased 0.72% or $0.61 during the last trading session, reaching $84.82. About 11.01M shares traded or 19.38% up from the average. Walmart Inc. (NYSE:WMT) has risen 5.30% since June 24, 2017 and is uptrending. It has underperformed by 7.27% the S&P500. Some Historical WMT News: 11/05/2018 – Traders await headlines on NAFTA talks ahead of House Speaker Paul Ryan’s May 17 deadline. Walmart, Macy’s and Home Depot report earnings, and April retail sales data is reported Tuesday; 28/04/2018 – Sainsbury’s and Walmart’s Asda close to 10 bln stg merger; 29/04/2018 – Walmart Would Own 40% of U.K. Business After Deal; 10/05/2018 – Walmart agrees to a $16 billion deal to buy a majority stake in India’s Flipkart; 23/05/2018 – MEDIA-Walmart India, Flipkart top executives meet fair trade regulator – PTI in Economic Times; 21/03/2018 – IBM Watson, Mastercard, Walmart, CBS and PepsiCo Executives to Speak at the ARF’s CONSUMERxSClENCE; 24/04/2018 – WALMART – DOORDASH SIGNS ON AS KEY DELIVERY PROVIDER OF WALMART’S ONLINE GROCERY PROGRAM IN ATLANTA METRO AREA; 29/03/2018 – Vanessa O’Connell: Walmart discussing closer ties with Humana, including possible acquisition; 08/05/2018 – Uber, Walmart End Online Grocery-Delivery Pact After Two Years; 11/05/2018 – Infowars: Google Parent Company, Walmart Both Invest in “India’s Amazon”

Investors sentiment decreased to 0.88 in Q1 2018. Its down 0.11, from 0.99 in 2017Q4. It fall, as 100 investors sold WMT shares while 555 reduced holdings. 128 funds opened positions while 451 raised stakes. 856.22 million shares or 1.10% less from 865.70 million shares in 2017Q4 were reported. North American Mngmt stated it has 24,650 shares. Rand Wealth Limited Co reported 0.03% in Walmart Inc. (NYSE:WMT). 100,000 are owned by Garnet Equity Hldg. Magnetar Finance Ltd Liability Co holds 4,577 shares or 0.01% of its portfolio. Security Natl Tru holds 0.06% or 2,040 shares in its portfolio. 10.28M are owned by Aqr Cap Mgmt Ltd Llc. Jolley Asset Mgmt Ltd Co holds 43,198 shares or 2.33% of its portfolio. Bangor Retail Bank invested 0.3% in Walmart Inc. (NYSE:WMT). Legal General Grp Public Limited Co holds 0.51% in Walmart Inc. (NYSE:WMT) or 7.53M shares. Middleton And Ma holds 0.06% or 3,489 shares. Plante Moran Fin Advsr Llc holds 5,886 shares. Ghp Investment Advsr has 0.25% invested in Walmart Inc. (NYSE:WMT). Bill & Melinda Gates Foundation Tru holds 4.22% or 11.60M shares. Bnp Paribas Arbitrage owns 1.10M shares for 0% of their portfolio. Redmond Asset Mngmt Ltd Com invested 0.42% of its portfolio in Walmart Inc. (NYSE:WMT).

Among 38 analysts covering Wal-Mart Stores Inc (NYSE:WMT), 17 have Buy rating, 0 Sell and 21 Hold. Therefore 45% are positive. Wal-Mart Stores Inc had 159 analyst reports since August 14, 2015 according to SRatingsIntel. The stock has “Market Perform” rating by Telsey Advisory Group on Friday, August 19. The company was maintained on Monday, June 26 by Wells Fargo. Guggenheim initiated the stock with “Buy” rating in Friday, September 30 report. The firm earned “Neutral” rating on Wednesday, February 21 by JP Morgan. The stock of Walmart Inc. (NYSE:WMT) has “Hold” rating given on Sunday, August 23 by Deutsche Bank. Morgan Stanley maintained the shares of WMT in report on Thursday, May 19 with “Equal-Weight” rating. The firm has “Overweight” rating by Barclays Capital given on Friday, September 23. As per Thursday, October 15, the company rating was downgraded by Credit Suisse. Cowen & Co maintained Walmart Inc. (NYSE:WMT) on Tuesday, November 21 with “Buy” rating. The firm has “Buy” rating given on Friday, May 20 by Nomura.

More notable recent Walmart Inc. (NYSE:WMT) news were published by: Fool.com which released: “Is It Finally Safe to Buy The Kroger Co. Stock?” on June 23, 2018, also Seekingalpha.com with their article: “Walmart Could Become Casualty Of Trade War” published on June 14, 2018, Seekingalpha.com published: “Walmart: Bye Bye Brazil” on June 05, 2018. More interesting news about Walmart Inc. (NYSE:WMT) were released by: Fool.com and their article: “Will Microsoft Help Retailers Counter Amazon Go?” published on June 23, 2018 as well as 247Wallst.com‘s news article titled: “General Electric Exits the Dow as Year’s Worst Performing Stock” with publication date: June 23, 2018.

Since June 5, 2018, it had 0 insider buys, and 20 insider sales for $1.50 billion activity. On Monday, June 11 WALTON ALICE L sold $92.97M worth of Walmart Inc. (NYSE:WMT) or 1.11M shares. Canney Jacqueline P also sold $676,503 worth of Walmart Inc. (NYSE:WMT) on Wednesday, June 6. Furner John R. also sold $1.57 million worth of Walmart Inc. (NYSE:WMT) shares. 1.19M Walmart Inc. (NYSE:WMT) shares with value of $100.75 million were sold by WALTON JIM C. $464,176 worth of Walmart Inc. (NYSE:WMT) was sold by Chojnowski David.

Bowen Hanes & Co Inc, which manages about $2.46 billion and $2.16 billion US Long portfolio, decreased its stake in Charles Schwab Corp (NYSE:SCHW) by 17,275 shares to 926,620 shares, valued at $48.39M in 2018Q1, according to the filing. It also reduced its holding in Orion Engineered Carbons (Lu) (NYSE:OEC) by 15,390 shares in the quarter, leaving it with 944,265 shares, and cut its stake in Metlife (NYSE:MET).

Since February 15, 2018, it had 0 insider buys, and 21 insider sales for $63.19 million activity. Olsavsky Brian T had sold 2,333 shares worth $3.42 million. Shares for $3.23 million were sold by Blackburn Jeffrey M on Tuesday, May 15. Shares for $3.35M were sold by ALBERG TOM A on Thursday, February 15. The insider Zapolsky David sold 1,927 shares worth $3.03 million. 1,985 shares valued at $2.90 million were sold by Jassy Andrew R on Thursday, February 15. Shares for $686,439 were sold by Reynolds Shelley.

Among 56 analysts covering Amazon.com (NASDAQ:AMZN), 53 have Buy rating, 0 Sell and 3 Hold. Therefore 95% are positive. Amazon.com had 307 analyst reports since July 21, 2015 according to SRatingsIntel. On Thursday, July 20 the stock rating was maintained by Morgan Stanley with “Overweight”. The firm has “Buy” rating given on Friday, April 29 by Axiom Capital. The stock of Amazon.com, Inc. (NASDAQ:AMZN) earned “Buy” rating by Aegis Capital on Friday, July 28. The firm earned “Buy” rating on Friday, July 28 by Morgan Stanley. The stock of Amazon.com, Inc. (NASDAQ:AMZN) has “Outperform” rating given on Tuesday, March 22 by Raymond James. The stock of Amazon.com, Inc. (NASDAQ:AMZN) earned “Buy” rating by SunTrust on Monday, October 2. The rating was upgraded by Wolfe Research on Friday, February 23 to “Buy”. The company was maintained on Friday, October 23 by Benchmark. The firm has “Buy” rating given on Thursday, May 3 by Tigress Financial. The stock of Amazon.com, Inc. (NASDAQ:AMZN) earned “Buy” rating by Jefferies on Friday, July 29.

Investors sentiment decreased to 1.08 in Q1 2018. Its down 0.21, from 1.29 in 2017Q4. It dived, as 73 investors sold AMZN shares while 659 reduced holdings. 173 funds opened positions while 614 raised stakes. 266.38 million shares or 4.87% less from 280.02 million shares in 2017Q4 were reported. Clearbridge Investments Ltd Liability reported 983,109 shares. Piershale Grp Inc holds 0.15% or 210 shares. Eulav Asset Mngmt invested in 18,800 shares. Valiant Ltd Partnership invested in 53,890 shares or 7.13% of the stock. Ironwood Counsel Ltd Limited Liability Company reported 506 shares. Brown Brothers Harriman & stated it has 0.02% in Amazon.com, Inc. (NASDAQ:AMZN). Brookstone Capital Management has 0.08% invested in Amazon.com, Inc. (NASDAQ:AMZN) for 573 shares. Tompkins has invested 0.58% in Amazon.com, Inc. (NASDAQ:AMZN). L & S stated it has 4,225 shares. Virtu Limited Liability Corp, a New York-based fund reported 523 shares. Efg Asset Mngmt (Americas) Corporation accumulated 3,131 shares. Essex Services invested 1.32% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Plancorp Limited Liability invested 0.23% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Wealthcare owns 53 shares. Yhb Advsrs stated it has 2.86% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN).

More notable recent Amazon.com, Inc. (NASDAQ:AMZN) news were published by: Nasdaq.com which released: “AT&T Faces Uphill Battle of Branded Content vs. Technology” on June 21, 2018, also 247Wallst.com with their article: “Amazon Becomes Credit Card King Maker” published on June 23, 2018, Nasdaq.com published: “Is Competition Heating Up in the AI Chip Market?” on June 23, 2018. More interesting news about Amazon.com, Inc. (NASDAQ:AMZN) were released by: Nasdaq.com and their article: “Salesforce.com Is Winning Big With Its Recent Investments” published on June 21, 2018 as well as Fool.com‘s news article titled: “Home Depot’s $1.2 Billion Investment to Amazon-Proof Its Business” with publication date: June 23, 2018.

Walmart Inc. (NYSE:WMT) Institutional Positions Chart

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