As American Homes 4 Rent (AMH) Stock Price Declined, Forward Management Lowered Holding by $14.98 Million; As Amazon.Com (AMZN) Share Value Rose, Bridges Investment Management Boosted Its Holding

December 7, 2017 - By Stephen Andrade

Bridges Investment Management Inc increased its stake in Amazon.Com Inc (AMZN) by 5.37% based on its latest 2017Q2 regulatory filing with the SEC. Bridges Investment Management Inc bought 519 shares as the company’s stock rose 13.58% with the market. The institutional investor held 10,187 shares of the consumer services company at the end of 2017Q2, valued at $9.86M, up from 9,668 at the end of the previous reported quarter. Bridges Investment Management Inc who had been investing in Amazon.Com Inc for a number of months, seems to be bullish on the $557.17 billion market cap company. The stock increased 0.34% or $3.92 during the last trading session, reaching $1156.27. About 760,359 shares traded. Amazon.com, Inc. (NASDAQ:AMZN) has risen 37.41% since December 7, 2016 and is uptrending. It has outperformed by 20.71% the S&P500.




Forward Management Llc decreased its stake in American Homes 4 Rent (AMH) by 73.6% based on its latest 2017Q2 regulatory filing with the SEC. Forward Management Llc sold 680,865 shares as the company’s stock declined 3.44% while stock markets rallied. The institutional investor held 244,276 shares of the real estate investment trusts company at the end of 2017Q2, valued at $5.51M, down from 925,141 at the end of the previous reported quarter. Forward Management Llc who had been investing in American Homes 4 Rent for a number of months, seems to be less bullish one the $7.29 billion market cap company. It closed at $21.31 lastly. It is down 26.87% since December 7, 2016 and is uptrending. It has outperformed by 10.17% the S&P500.

Investors sentiment decreased to 1.36 in 2017 Q2. Its down 0.34, from 1.7 in 2017Q1. It is negative, as 64 investors sold AMZN shares while 542 reduced holdings. 153 funds opened positions while 670 raised stakes. 285.20 million shares or 2.71% less from 293.14 million shares in 2017Q1 were reported. Eagle Asset Mgmt owns 0.05% invested in Amazon.com, Inc. (NASDAQ:AMZN) for 8,027 shares. Prudential Plc has 164,550 shares for 0.52% of their portfolio. Steinberg Glob Asset has invested 0.45% in Amazon.com, Inc. (NASDAQ:AMZN). Croft invested in 3% or 14,301 shares. Balyasny Asset Management Ltd holds 99,874 shares. Cubist Systematic Strategies Ltd invested in 1,721 shares. Albion Financial Gp Inc Ut invested 1.29% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Norris Perne And French Limited Liability Partnership Mi invested 0.92% in Amazon.com, Inc. (NASDAQ:AMZN). Economic Planning Grp Adv stated it has 0.19% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Victory invested in 0.17% or 75,576 shares. Vanguard Group holds 1.28% or 26.86 million shares in its portfolio. 4,200 were accumulated by Forbes J M And Co Llp. Ardevora Asset Management Llp owns 28,400 shares. Fincl Mgmt Pro Inc owns 36 shares. Riverpark Capital Mngmt Limited Co invested in 3.33% or 29,841 shares.

Among 49 analysts covering Amazon.com (NASDAQ:AMZN), 46 have Buy rating, 0 Sell and 3 Hold. Therefore 94% are positive. Amazon.com had 236 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Overweight” rating on Tuesday, December 1 by Barclays Capital. Canaccord Genuity maintained Amazon.com, Inc. (NASDAQ:AMZN) rating on Friday, October 23. Canaccord Genuity has “Hold” rating and $600 target. On Friday, July 24 the stock rating was maintained by Piper Jaffray with “Overweight”. The rating was maintained by KeyBanc Capital Markets on Thursday, June 16 with “Overweight”. Stifel Nicolaus upgraded Amazon.com, Inc. (NASDAQ:AMZN) rating on Wednesday, July 29. Stifel Nicolaus has “Buy” rating and $700 target. The firm earned “Buy” rating on Monday, August 24 by Axiom Securities. Citigroup maintained Amazon.com, Inc. (NASDAQ:AMZN) on Friday, July 24 with “Buy” rating. The stock of Amazon.com, Inc. (NASDAQ:AMZN) earned “Buy” rating by Canaccord Genuity on Thursday, December 1. The firm has “Overweight” rating given on Tuesday, September 27 by JP Morgan. UBS maintained the shares of AMZN in report on Friday, April 29 with “Buy” rating.

More notable recent Amazon.com, Inc. (NASDAQ:AMZN) news were published by: Businesswire.com which released: “Amazon.com, Inc. Announces Early Participation Results of Exchange Offer and …” on December 06, 2017, also Investorplace.com with their article: “Take Advantage of This Weakness in Amazon.com, Inc. Stock” published on December 05, 2017, Seekingalpha.com published: “Ad holdcos eye major spending increase with Amazon.com” on December 05, 2017. More interesting news about Amazon.com, Inc. (NASDAQ:AMZN) were released by: Fool.com and their article: “Better Buy: Amazon.com, Inc. vs. Microsoft” published on December 01, 2017 as well as Fool.com‘s news article titled: “Here’s How Amazon.com, Inc. Crushed It in 2017” with publication date: November 28, 2017.

Investors sentiment increased to 1.59 in 2017 Q2. Its up 0.20, from 1.39 in 2017Q1. It improved, as 19 investors sold AMH shares while 64 reduced holdings. 29 funds opened positions while 103 raised stakes. 238.83 million shares or 2.20% more from 233.70 million shares in 2017Q1 were reported. Bank Of Nova Scotia reported 77,879 shares stake. Duff & Phelps Inv Management stated it has 1.05% of its portfolio in American Homes 4 Rent (NYSE:AMH). Northern Tru owns 2.17 million shares. Us National Bank & Trust De holds 0% of its portfolio in American Homes 4 Rent (NYSE:AMH) for 24,708 shares. Credit Suisse Ag reported 655,842 shares. Telos Capital Mgmt owns 10,106 shares. X Mngmt Lc accumulated 0% or 1,011 shares. First Advsrs L P, Illinois-based fund reported 158,325 shares. Brookfield Asset Mgmt invested in 7.89 million shares. Amica Pension Fund Board Of Trustees has 89,258 shares. The California-based Diligent Investors Ltd Liability Company has invested 0.19% in American Homes 4 Rent (NYSE:AMH). Comerica Bancorp accumulated 0% or 10,245 shares. Hanseatic invested in 0.37% or 32,456 shares. Fincl Architects reported 792 shares. Canada Pension Plan Inv Board has invested 0.02% in American Homes 4 Rent (NYSE:AMH).

Among 11 analysts covering American Homes 4 Rent (NYSE:AMH), 9 have Buy rating, 0 Sell and 2 Hold. Therefore 82% are positive. American Homes 4 Rent had 18 analyst reports since August 10, 2015 according to SRatingsIntel. Zacks upgraded the shares of AMH in report on Tuesday, August 18 to “Sell” rating. The rating was maintained by FBR Capital with “Buy” on Friday, November 3. The firm has “Neutral” rating by JP Morgan given on Thursday, December 17. The firm earned “Market Outperform” rating on Wednesday, March 9 by Wood. On Tuesday, October 11 the stock rating was initiated by JMP Securities with “Mkt Outperform”. On Thursday, August 3 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”. BTIG Research initiated American Homes 4 Rent (NYSE:AMH) rating on Tuesday, October 10. BTIG Research has “Buy” rating and $26 target. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Thursday, October 19. The company was maintained on Monday, August 8 by FBR Capital. On Monday, December 4 the stock rating was upgraded by Evercore to “Outperform”.

Analysts await American Homes 4 Rent (NYSE:AMH) to report earnings on February, 22. They expect $0.27 EPS, up 3.85% or $0.01 from last year’s $0.26 per share. AMH’s profit will be $92.39M for 19.73 P/E if the $0.27 EPS becomes a reality. After $0.25 actual EPS reported by American Homes 4 Rent for the previous quarter, Wall Street now forecasts 8.00% EPS growth.

More notable recent American Homes 4 Rent (NYSE:AMH) news were published by: Prnewswire.com which released: “American Homes 4 Rent Announces Home Price Appreciation Amounts for its 5.5 …” on November 28, 2017, also Moodys.com with their article: “Moody’s upgrades $345 million of Single-Family Rental (SFR) RMBS” published on December 07, 2017, Seekingalpha.com published: “Why Own When You Can Rent?” on November 28, 2017. More interesting news about American Homes 4 Rent (NYSE:AMH) were released by: Nasdaq.com and their article: “American Homes 4 Rent’s Series D Preferred Shares Cross 6% Yield Mark” published on November 27, 2017 as well as Prnewswire.com‘s news article titled: “Pre-Market Technical Scan on REIT Equities — American Homes 4 Rent, Equity …” with publication date: December 07, 2017.

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