Wallington Asset Management Raised Position in Amazon.Com (AMZN); As Liberty Global Plc (LBTYK) Market Value Declined, Salzman & Company Boosted by $1.64 Million Its Holding

February 20, 2018 - By Linda Rogers

Salzman & Company increased its stake in Liberty Global Plc (LBTYK) by 3.58% based on its latest 2017Q3 regulatory filing with the SEC. Salzman & Company bought 51,275 shares as the company’s stock declined 17.26% while stock markets rallied. The hedge fund held 1.48M shares of the television services company at the end of 2017Q3, valued at $48.53M, up from 1.43 million at the end of the previous reported quarter. Salzman & Company who had been investing in Liberty Global Plc for a number of months, seems to be bullish on the $25.78 billion market cap company. The stock decreased 2.36% or $0.76 during the last trading session, reaching $31.51. About 2.95M shares traded or 1.15% up from the average. Liberty Global plc (NASDAQ:LBTYK) has declined 6.78% since February 20, 2017 and is downtrending. It has underperformed by 23.48% the S&P500.

Wallington Asset Management Llc increased its stake in Amazon.Com Inc. (AMZN) by 18.2% based on its latest 2017Q3 regulatory filing with the SEC. Wallington Asset Management Llc bought 360 shares as the company’s stock rose 13.58% with the market. The institutional investor held 2,338 shares of the consumer services company at the end of 2017Q3, valued at $2.25M, up from 1,978 at the end of the previous reported quarter. Wallington Asset Management Llc who had been investing in Amazon.Com Inc. for a number of months, seems to be bullish on the $704.53 billion market cap company. The stock increased 0.46% or $6.64 during the last trading session, reaching $1455.32. About 5.14M shares traded or 7.23% up from the average. Amazon.com, Inc. (NASDAQ:AMZN) has risen 37.41% since February 20, 2017 and is uptrending. It has outperformed by 20.71% the S&P500.

Since August 21, 2017, it had 0 buys, and 1 insider sale for $3.25 million activity.

Wallington Asset Management Llc, which manages about $499.10 million and $376.94M US Long portfolio, decreased its stake in Kimberly (NYSE:KMB) by 2,939 shares to 59,155 shares, valued at $6.96 million in 2017Q3, according to the filing.

Among 53 analysts covering Amazon.com (NASDAQ:AMZN), 50 have Buy rating, 0 Sell and 3 Hold. Therefore 94% are positive. Amazon.com had 273 analyst reports since July 21, 2015 according to SRatingsIntel. Stifel Nicolaus maintained Amazon.com, Inc. (NASDAQ:AMZN) on Friday, October 27 with “Buy” rating. Aegis Capital initiated the stock with “Buy” rating in Friday, January 20 report. Piper Jaffray maintained Amazon.com, Inc. (NASDAQ:AMZN) on Monday, June 12 with “Buy” rating. On Thursday, December 14 the stock rating was maintained by Guggenheim with “Buy”. Barclays Capital upgraded the shares of AMZN in report on Friday, July 24 to “Overweight” rating. DA Davidson initiated the shares of AMZN in report on Thursday, September 7 with “Buy” rating. Morgan Stanley maintained Amazon.com, Inc. (NASDAQ:AMZN) rating on Wednesday, October 5. Morgan Stanley has “Overweight” rating and $950 target. The stock of Amazon.com, Inc. (NASDAQ:AMZN) has “Buy” rating given on Tuesday, January 9 by Piper Jaffray. The company was maintained on Friday, July 28 by J.P. Morgan. The firm earned “Overweight” rating on Wednesday, November 11 by Morgan Stanley.

Investors sentiment decreased to 1.26 in Q3 2017. Its down 0.10, from 1.36 in 2017Q2. It fall, as 73 investors sold AMZN shares while 549 reduced holdings. 127 funds opened positions while 657 raised stakes. 279.77 million shares or 1.91% less from 285.20 million shares in 2017Q2 were reported. Dt Invest Prtn Ltd Company holds 343 shares or 0.06% of its portfolio. American Money Mngmt Ltd holds 735 shares. Wallington Asset Management Ltd Limited Liability Company invested in 0.6% or 2,338 shares. Kcm Investment Advsr Ltd reported 8,764 shares stake. Bokf Na invested in 23,489 shares. 10,789 were reported by Conning. The Georgia-based Lakeview Cap Ltd has invested 0.85% in Amazon.com, Inc. (NASDAQ:AMZN). Mcdaniel Terry Co holds 0.11% or 608 shares. 692,283 are owned by Adage Cap Prtnrs Lc. Meag Munich Ergo Kapitalanlagegesellschaft Mbh reported 35,372 shares stake. Beaumont Fincl Partners Lc reported 786 shares or 0.09% of all its holdings. Dorsey & Whitney Tru Co Limited Liability Co has 1,499 shares. Symphony Asset Limited Liability owns 1.24% invested in Amazon.com, Inc. (NASDAQ:AMZN) for 11,571 shares. State Board Of Administration Of Florida Retirement has invested 1.5% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Tyvor Capital invested in 0.18% or 1,000 shares.

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