Beck Capital Management Has Lowered Amazon.Com (AMZN) Position By $1.46 Million; Visteon Has 1.11 Sentiment

January 17, 2018 - By Vivian Park

Beck Capital Management Llc decreased Amazon.Com Inc (AMZN) stake by 18.75% reported in 2017Q3 SEC filing. Beck Capital Management Llc sold 1,523 shares as Amazon.Com Inc (AMZN)’s stock rose 13.58%. The Beck Capital Management Llc holds 6,600 shares with $6.35 million value, down from 8,123 last quarter. Amazon.Com Inc now has $625.80B valuation. The stock decreased 0.47% or $6.17 during the last trading session, reaching $1298.69. About 4.53M shares traded or 24.71% up from the average. Amazon.com, Inc. (NASDAQ:AMZN) has risen 37.41% since January 17, 2017 and is uptrending. It has outperformed by 20.71% the S&P500.

Visteon Corporation designs, engineers, and makes electronics products for original equipment vehicle manufacturers worldwide. The company has market cap of $4.24 billion. The firm provides instrument clusters, including standard analog gauge clusters to high-resolution, all-digital, fully reconfigurable, 2-D, and 3-D display devices; information displays that integrate a range of user interface technologies and graphics management capabilities; and infotainment systems that allows vehicle occupants to connect their mobile devices to the system and safely access phone functions, listen to music, stream media and enable mobile connectivity applications. It has a 29 P/E ratio. It also offers audio systems, including audio head units, amplifiers, and analog and digital radios; telematics control unit to enable secure connected car services, software updates, and data; SmartCore, an automotive-grade, integrated domain controller to enhance efficiency, and reduce power consumption and cost; and head-up displays , such as combiner HUD and windshield HUD that present critical information to the driver.

Ratings analysis reveals 50% of Visteon’s analysts are positive. Out of 4 Wall Street analysts rating Visteon, 2 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $86.0 while the high is $100.0. The stock’s average target of $93 is -31.76% below today’s ($136.28) share price. VC was included in 4 notes of analysts from January 11, 2017. Raymond James upgraded the stock to “Outperform” rating in Wednesday, January 11 report. The rating was maintained by Barclays Capital on Thursday, January 12 with “Equal Weight”. Citigroup downgraded the stock to “Neutral” rating in Monday, February 27 report. The firm has “Outperform” rating given on Wednesday, January 18 by FBR Capital.

Analysts await Visteon Corporation (NASDAQ:VC) to report earnings on February, 22. They expect $1.70 EPS, down 6.59% or $0.12 from last year’s $1.82 per share. VC’s profit will be $52.87 million for 20.04 P/E if the $1.70 EPS becomes a reality. After $1.42 actual EPS reported by Visteon Corporation for the previous quarter, Wall Street now forecasts 19.72% EPS growth.

Solus Alternative Asset Management Lp holds 13.63% of its portfolio in Visteon Corporation for 630,318 shares. Private Capital Management Llc owns 334,292 shares or 6.3% of their US portfolio. Moreover, Kirr Marbach & Co Llc In has 3.01% invested in the company for 111,159 shares. The Connecticut-based Iridian Asset Management Llc Ct has invested 2.83% in the stock. Steinberg Asset Management Llc, a New York-based fund reported 64,375 shares.

Since January 1, 0001, it had 0 buys, and 7 sales for $1.50 million activity.

The stock increased 3.63% or $4.78 during the last trading session, reaching $136.28. About 298,330 shares traded or 31.32% up from the average. Visteon Corporation (VC) has risen 41.15% since January 17, 2017 and is uptrending. It has outperformed by 24.45% the S&P500.

Investors sentiment decreased to 1.26 in 2017 Q3. Its down 0.10, from 1.36 in 2017Q2. It worsened, 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. Blue Ridge Capital Ltd Liability owns 1% invested in Amazon.com, Inc. (NASDAQ:AMZN) for 58,000 shares. Segall Bryant & Hamill Limited Co owns 87,649 shares or 1.96% of their US portfolio. Paradigm Asset Mgmt Company Limited Liability Company holds 0.77% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN) for 3,080 shares. 4,280 were reported by Private Trust Na. 614 are held by Smith Moore And Commerce. Liberty Cap Management has invested 1.97% in Amazon.com, Inc. (NASDAQ:AMZN). The United Kingdom-based Majedie Asset Management has invested 0.05% in Amazon.com, Inc. (NASDAQ:AMZN). Pictet Fincl Bank And Tru, a Bahamas-based fund reported 6,591 shares. Chartist Ca holds 0.19% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN) for 418 shares. Family Mgmt Corp reported 4,269 shares stake. 1,200 were reported by Crestpoint Mgmt Ltd Liability Company. Hl Fin Ltd Liability has invested 0.08% in Amazon.com, Inc. (NASDAQ:AMZN). Welch Gp Ltd Liability Com holds 0.04% or 278 shares in its portfolio. Guggenheim Capital Lc stated it has 220,242 shares or 0.5% of all its holdings. Segment Wealth Limited Liability Company stated it has 0.22% in Amazon.com, Inc. (NASDAQ:AMZN).

Since August 3, 2017, it had 0 insider buys, and 9 sales for $16.47 million activity. $2.31 million worth of stock was sold by Olsavsky Brian T on Tuesday, August 15. 2,800 Amazon.com, Inc. (NASDAQ:AMZN) shares with value of $2.67M were sold by WILKE JEFFREY A. Another trade for 544 shares valued at $536,666 was made by Reynolds Shelley on Tuesday, August 15. $1.96 million worth of stock was sold by Jassy Andrew R on Tuesday, August 15. The insider Blackburn Jeffrey M sold 2,077 shares worth $2.05M. Zapolsky David sold $2.30 million worth of stock.

Among 50 analysts covering Amazon.com (NASDAQ:AMZN), 47 have Buy rating, 0 Sell and 3 Hold. Therefore 94% are positive. Amazon.com had 246 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Oppenheimer with “Buy” on Friday, July 28. The stock of Amazon.com, Inc. (NASDAQ:AMZN) earned “Buy” rating by RBC Capital Markets on Friday, October 13. Cantor Fitzgerald maintained the shares of AMZN in report on Friday, June 16 with “Buy” rating. As per Monday, January 4, the company rating was downgraded by Monness Crespi & Hardt. The stock has “Outperform” rating by RBC Capital Markets on Friday, October 28. As per Friday, July 29, the company rating was maintained by Benchmark. Raymond James upgraded the stock to “Outperform” rating in Thursday, August 27 report. The stock of Amazon.com, Inc. (NASDAQ:AMZN) has “Buy” rating given on Wednesday, January 3 by Cowen & Co. Needham maintained Amazon.com, Inc. (NASDAQ:AMZN) rating on Wednesday, September 27. Needham has “Buy” rating and $1150.0 target. The company was maintained on Friday, July 24 by Citigroup.

Analysts await Amazon.com, Inc. (NASDAQ:AMZN) to report earnings on February, 1. They expect $1.94 EPS, up 25.97% or $0.40 from last year’s $1.54 per share. AMZN’s profit will be $934.83 million for 167.36 P/E if the $1.94 EPS becomes a reality. After $0.52 actual EPS reported by Amazon.com, Inc. for the previous quarter, Wall Street now forecasts 273.08% EPS growth.

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