Wafra Investment Advisory Group Holding in Amazon.Com (AMZN) Cut by $7.67 Million as Market Valuation Declined; Regions Financial Decreased Illinois Tool Wks (ITW) Stake as Stock Value Declined

Amazon.com, Inc. (NASDAQ:AMZN) Logo

Regions Financial Corp decreased its stake in Illinois Tool Wks (ITW) by 2.13% based on its latest 2018Q3 regulatory filing with the SEC. Regions Financial Corp sold 2,182 shares as the company’s stock declined 8.28% with the market. The institutional investor held 100,068 shares of the industrial machinery and components company at the end of 2018Q3, valued at $14.12 million, down from 102,250 at the end of the previous reported quarter. Regions Financial Corp who had been investing in Illinois Tool Wks for a number of months, seems to be less bullish one the $45.20B market cap company. The stock increased 0.38% or $0.51 during the last trading session, reaching $136.23. About 898,957 shares traded. Illinois Tool Works Inc. (NYSE:ITW) has declined 21.52% since February 12, 2018 and is downtrending. It has underperformed by 21.52% the S&P500.

Wafra Investment Advisory Group Inc decreased its stake in Amazon.Com Inc. (AMZN) by 18.56% based on its latest 2018Q3 regulatory filing with the SEC. Wafra Investment Advisory Group Inc sold 3,831 shares as the company’s stock declined 15.37% with the market. The institutional investor held 16,812 shares of the consumer services company at the end of 2018Q3, valued at $33.67 million, down from 20,643 at the end of the previous reported quarter. Wafra Investment Advisory Group Inc who had been investing in Amazon.Com Inc. for a number of months, seems to be less bullish one the $781.50 billion market cap company. The stock increased 0.18% or $2.78 during the last trading session, reaching $1591. About 40,650 shares traded. Amazon.com, Inc. (NASDAQ:AMZN) has risen 41.49% since February 12, 2018 and is uptrending. It has outperformed by 41.49% the S&P500. Some Historical AMZN News: 07/05/2018 – Snap CFO Drew Vollero is leaving, and will be replaced by an Amazon executive Amazon’s Tim Stone is in. Vollero is out; 13/03/2018 – Amazon is shutting down Vendor Express, a shortcut for wholesalers to sell inventory; 15/05/2018 – UPS, AMZN: $UPS To Bypass UPS, Amazon $AMZN Mimics Uber Tactics – TheInformation; 25/04/2018 – Denver Bus Jrnl: EXCLUSIVE: Amazon’s HQ2 scouts asked Denver leaders about tackling growth issues; 24/04/2018 – CNBC Now: BREAKING: Dow slides more than 600 points; Alphabet, Amazon, other tech names slammed; 26/03/2018 – Cities, Left Out of Amazon’s Tax Collections, Want a Share; 30/03/2018 – MEDIA-Amazon said to sever ties with top lobbying firms in Washington – Bloomberg; 17/05/2018 – RisklQ lmplicates Ethereum-Stealing Phishing ATS in lnfamous Amazon Hijack; 18/04/2018 – AMAZON & BEST BUY TO OFFER NEW FIRE TV EDITION SMART TVS; 10/05/2018 – Techmeme: Sources: Amazon’s Alexa division has a “health & wellness” team of over a dozen people, focusing on areas like

Investors sentiment increased to 1.07 in Q3 2018. Its up 0.18, from 0.89 in 2018Q2. It is positive, as 42 investors sold ITW shares while 322 reduced holdings. 104 funds opened positions while 285 raised stakes. 220.32 million shares or 1.14% less from 222.87 million shares in 2018Q2 were reported. 250 were reported by 1832 Asset L P. Barclays Public Ltd Com holds 0.04% or 441,398 shares in its portfolio. Csat Inv Advisory Limited Partnership reported 34 shares. Laurion Management LP invested in 12,942 shares. Loring Wolcott Coolidge Fiduciary Advsr Llp Ma holds 0.13% in Illinois Tool Works Inc. (NYSE:ITW) or 57,892 shares. Lenox Wealth Mgmt stated it has 0.01% of its portfolio in Illinois Tool Works Inc. (NYSE:ITW). Cypress Capital Group holds 1.72% of its portfolio in Illinois Tool Works Inc. (NYSE:ITW) for 64,329 shares. Trustmark Bank & Trust Tru Department holds 2,411 shares. Mycio Wealth Partners Limited Liability Corp accumulated 2,522 shares. Notis holds 4,990 shares or 0.38% of its portfolio. Argyle Mngmt has 0.24% invested in Illinois Tool Works Inc. (NYSE:ITW) for 4,500 shares. Bb&T Corporation holds 0.03% or 13,546 shares in its portfolio. Yorktown & Commerce invested 0.08% in Illinois Tool Works Inc. (NYSE:ITW). Moreover, Aristotle Lc has 0.01% invested in Illinois Tool Works Inc. (NYSE:ITW) for 16,112 shares. Commerzbank Aktiengesellschaft Fi reported 0.08% in Illinois Tool Works Inc. (NYSE:ITW).

Since December 11, 2018, it had 0 insider buys, and 4 sales for $26.86 million activity. 58,736 shares valued at $7.81 million were sold by Larsen Michael M on Tuesday, December 11. 108,885 Illinois Tool Works Inc. (NYSE:ITW) shares with value of $14.50 million were sold by SANTI ERNEST SCOTT. Shares for $1.99 million were sold by Hartnett John R. on Tuesday, February 5.

More notable recent Illinois Tool Works Inc. (NYSE:ITW) news were published by: Globenewswire.com which released: “ITW to Webcast the Company’s 2018 Investor Day – GlobeNewswire” on November 30, 2018, also Globenewswire.com with their article: “ITW Announces Upcoming Investor Conferences NYSE:ITW – GlobeNewswire” published on January 17, 2019, Globenewswire.com published: “ITW Reports Fourth Quarter and Full Year Results – GlobeNewswire” on February 01, 2019. More interesting news about Illinois Tool Works Inc. (NYSE:ITW) were released by: Seekingalpha.com and their article: “Illinois Tool Works: Buy Into Earnings – Seeking Alpha” published on July 18, 2018 as well as Globenewswire.com‘s news article titled: “ITW Board of Directors Approves 28 Percent Dividend Increase – GlobeNewswire” with publication date: August 03, 2018.

Among 19 analysts covering Illinois Tool Works Inc (NYSE:ITW), 4 have Buy rating, 3 Sell and 12 Hold. Therefore 21% are positive. Illinois Tool Works Inc had 107 analyst reports since July 24, 2015 according to SRatingsIntel. The firm has “Buy” rating by Jefferies given on Wednesday, January 24. The stock has “Hold” rating by RBC Capital Markets on Thursday, January 11. The stock of Illinois Tool Works Inc. (NYSE:ITW) earned “Buy” rating by Citigroup on Monday, October 9. On Monday, August 14 the stock rating was maintained by Stifel Nicolaus with “Hold”. The company was initiated on Wednesday, January 13 by Morgan Stanley. Stifel Nicolaus maintained Illinois Tool Works Inc. (NYSE:ITW) rating on Monday, December 5. Stifel Nicolaus has “Buy” rating and $135 target. The firm earned “Buy” rating on Monday, December 11 by Bank of America. The stock has “Hold” rating by Stifel Nicolaus on Friday, July 14. On Friday, April 27 the stock rating was maintained by Stifel Nicolaus with “Hold”. RBC Capital Markets maintained Illinois Tool Works Inc. (NYSE:ITW) rating on Friday, October 20. RBC Capital Markets has “Hold” rating and $143.0 target.

Regions Financial Corp, which manages about $9.27 billion US Long portfolio, upped its stake in Nxp Semiconductors Nv (NASDAQ:NXPI) by 10,464 shares to 11,618 shares, valued at $994,000 in 2018Q3, according to the filing. It also increased its holding in Thermo Fisher Scientific Inc (NYSE:TMO) by 4,934 shares in the quarter, for a total of 203,277 shares, and has risen its stake in Allison Transmission Holdings (NYSE:ALSN).

Wafra Investment Advisory Group Inc, which manages about $7.55 billion and $2.93 billion US Long portfolio, upped its stake in Netflix (NASDAQ:NFLX) by 2,055 shares to 20,050 shares, valued at $7.50M in 2018Q3, according to the filing. It also increased its holding in Broadcom Ltd. by 49,255 shares in the quarter, for a total of 96,437 shares, and has risen its stake in Spdr S&P 500 Etf Trust (SPY).

Since August 15, 2018, it had 0 buys, and 16 sales for $75.62 million activity. $8.02M worth of Amazon.com, Inc. (NASDAQ:AMZN) was sold by Blackburn Jeffrey M. BEZOS JEFFREY P had sold 3,200 shares worth $5.31M on Monday, October 29. On Thursday, November 15 Zapolsky David sold $3.02 million worth of Amazon.com, Inc. (NASDAQ:AMZN) or 1,929 shares. STONESIFER PATRICIA Q had sold 1,375 shares worth $2.31M on Friday, November 2. On Thursday, November 15 the insider Jassy Andrew R sold $2.70 million. Olsavsky Brian T had sold 2,030 shares worth $3.21 million.

Investors sentiment decreased to 1.18 in Q3 2018. Its down 0.16, from 1.34 in 2018Q2. It worsened, as 55 investors sold AMZN shares while 636 reduced holdings. 157 funds opened positions while 655 raised stakes. 260.67 million shares or 2.89% less from 268.42 million shares in 2018Q2 were reported. Moreover, Raymond James & Associate has 1.09% invested in Amazon.com, Inc. (NASDAQ:AMZN). Schaper Benz And Wise Inv Counsel Wi has 0.27% invested in Amazon.com, Inc. (NASDAQ:AMZN). Leavell reported 789 shares stake. Hbk Sorce Advisory Limited Liability Com accumulated 3,573 shares or 0.81% of the stock. Fcg Advsrs Ltd Liability Co invested 0.51% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Jabre Prtnrs holds 1,900 shares or 1.26% of its portfolio. Advisors Management Llc holds 594 shares or 0.08% of its portfolio. Wade G W And Inc invested 0.89% in Amazon.com, Inc. (NASDAQ:AMZN). Lowe Brockenbrough Incorporated accumulated 7,905 shares or 2.21% of the stock. Lvm Capital Mngmt Ltd Mi reported 0.09% stake. Canandaigua National Bank & Trust And Tru stated it has 750 shares. Allstate has invested 0.04% in Amazon.com, Inc. (NASDAQ:AMZN). Van Eck Associates reported 37,585 shares stake. Cobblestone Capital Advsrs Ltd Llc Ny stated it has 13,029 shares. Antipodean Advisors Ltd Limited Liability Company, New York-based fund reported 13,600 shares.

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