As Amazon.Com (AMZN) Market Valuation Rose, Holder Wallingt…




July 26, 2018 – By Mary Kidd

EVERTEC, Inc. (NYSE:EVTC) Logo

Wallington Asset Management Llc increased its stake in Amazon.Com Inc. (AMZN) by 9.01% based on its latest 2018Q1 regulatory filing with the SEC. Wallington Asset Management Llc bought 225 shares as the company’s stock rose 5.80% while stock markets declined. The institutional investor held 2,723 shares of the consumer services company at the end of 2018Q1, valued at $3.94 million, up from 2,498 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 $904.27B market cap company. The stock increased 1.88% or $34.37 during the last trading session, reaching $1863.61. About 3.34 million shares traded. Amazon.com, Inc. (NASDAQ:AMZN) has risen 62.09% since July 26, 2017 and is uptrending. It has outperformed by 49.52% the S&P500. Some Historical AMZN News: 08/03/2018 – MEDIA-Uber hires top Amazon voice executive as product head as Daniel Graf departs- Recode; 27/04/2018 – “Amazon is like a well-tuned army” says Jim Cramer; 09/05/2018 – JUST IN: Sears is working with Amazon to deliver and install car tires; 01/05/2018 – Moody’s Assigns Prime-2 Rating To Amazon’s New Commercial Paper Program; 23/05/2018 – CloudHealth Technologies Enables Greater Visibility and Governance for Containerized Environments through Support of Amazon Elastic Container Service; 02/05/2018 – The sudden attack on Amazon is a reflection of the foundational loss of human communications; 16/04/2018 – Techmeme: Sources: Amazon Business has shelved its plan to sell and distribute pharmaceutical products after considering it las; 25/04/2018 – Amazon has confirmed an upcoming hardware product called Fire TV Cube that has been rumored since last year. via @cnbctech; 23/05/2018 – Amazon Sellers See Major Opportunity in Private Label Expansion, Feedvisor Study Finds; 11/05/2018 – Amazon drops shopping ads on Google, sources say

Springowl Associates Llc decreased its stake in Evertec Inc (EVTC) by 27.73% based on its latest 2018Q1 regulatory filing with the SEC. Springowl Associates Llc sold 20,000 shares as the company’s stock rose 32.72% while stock markets declined. The hedge fund held 52,131 shares of the technology company at the end of 2018Q1, valued at $852,000, down from 72,131 at the end of the previous reported quarter. Springowl Associates Llc who had been investing in Evertec Inc for a number of months, seems to be less bullish one the $1.71B market cap company. The stock increased 2.73% or $0.65 during the last trading session, reaching $24.5. About 586,231 shares traded. EVERTEC, Inc. (NYSE:EVTC) has risen 31.52% since July 26, 2017 and is uptrending. It has outperformed by 18.95% the S&P500.

Investors sentiment decreased to 1.08 in 2018 Q1. Its down 0.21, from 1.29 in 2017Q4. It worsened, 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. Wolverine Asset Llc holds 0.28% in Amazon.com, Inc. (NASDAQ:AMZN) or 14,773 shares. Levin Cap Strategies LP holds 737 shares or 0.02% of its portfolio. Georgia-based Voya Invest has invested 1.79% in Amazon.com, Inc. (NASDAQ:AMZN). Allen Investment Mgmt has 4,668 shares. Nadler Gp Incorporated holds 1,345 shares or 0.6% of its portfolio. The North Carolina-based Bb&T Corp has invested 0.66% in Amazon.com, Inc. (NASDAQ:AMZN). Smith Chas P And Assocs Pa Cpas holds 519 shares. Retirement Planning Gp holds 249 shares or 0.1% of its portfolio. Motco owns 318 shares for 0.05% of their portfolio. Pinnacle Wealth Advisory Grp Inc Ltd reported 354 shares. Cap Advsr Ltd Llc accumulated 0.07% or 150 shares. Tiger Eye Cap Lc reported 16,484 shares. Usca Ria Limited has invested 0.71% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Moreover, Montrusco Bolton Invests Inc has 1.11% invested in Amazon.com, Inc. (NASDAQ:AMZN). Manchester Cap Mgmt Limited Liability Corporation has 1,044 shares.

Among 56 analysts covering Amazon.com (NASDAQ:AMZN), 53 have Buy rating, 0 Sell and 3 Hold. Therefore 95% are positive. Amazon.com had 311 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by BMO Capital Markets with “Buy” on Friday, July 28. The company was maintained on Monday, August 28 by Morgan Stanley. The company was maintained on Wednesday, October 18 by Piper Jaffray. RBC Capital Markets maintained Amazon.com, Inc. (NASDAQ:AMZN) on Thursday, August 10 with “Buy” rating. The rating was maintained by Macquarie Research with “Outperform” on Tuesday, December 22. The stock has “Buy” rating by Jefferies on Friday, June 16. The rating was maintained by Loop Capital Markets with “Buy” on Wednesday, June 27. As per Wednesday, April 11, the company rating was reinitiated by Monness. Cowen & Co maintained Amazon.com, Inc. (NASDAQ:AMZN) on Thursday, December 7 with “Buy” rating. Axiom Capital maintained the stock with “Buy” rating in Tuesday, November 1 report.

More notable recent Amazon.com, Inc. (NASDAQ:AMZN) news were published by: Seekingalpha.com which released: “ACLU: Amazon facial rec tool mismatched Congress members to mugshots” on July 26, 2018, also Nasdaq.com with their article: “Can Lockers Boost Home Depot’s Online Sales?” published on July 25, 2018, Seekingalpha.com published: “Amazon’s Prime Day results” on July 18, 2018. More interesting news about Amazon.com, Inc. (NASDAQ:AMZN) were released by: Seekingalpha.com and their article: “Amazon accelerator announces new startups” published on July 23, 2018 as well as Fool.com‘s news article titled: “An Amazon Search Is Worth a Lot More Than a Google Search” with publication date: July 25, 2018.

Since February 15, 2018, it had 0 insider buys, and 21 sales for $63.19 million activity. The insider Zapolsky David sold 2,216 shares worth $3.24M. On Friday, May 18 the insider WILKE JEFFREY A sold $2.59M. 1,985 shares were sold by Jassy Andrew R, worth $2.90M on Thursday, February 15. $18.50 million worth of Amazon.com, Inc. (NASDAQ:AMZN) shares were sold by Blackburn Jeffrey M. Shares for $795,502 were sold by Reynolds Shelley on Thursday, February 15. $3.35M worth of Amazon.com, Inc. (NASDAQ:AMZN) was sold by ALBERG TOM A on Thursday, February 15.

Among 10 analysts covering Evertec (NYSE:EVTC), 2 have Buy rating, 0 Sell and 8 Hold. Therefore 20% are positive. Evertec had 31 analyst reports since August 14, 2015 according to SRatingsIntel. As per Thursday, February 22, the company rating was maintained by Morgan Stanley. On Wednesday, August 2 the stock rating was maintained by Stifel Nicolaus with “Hold”. As per Wednesday, January 17, the company rating was downgraded by Goldman Sachs. The rating was upgraded by Goldman Sachs on Thursday, February 22 to “Neutral”. The rating was upgraded by J.P. Morgan on Wednesday, May 2 to “Hold”. The firm has “Neutral” rating given on Friday, August 14 by JP Morgan. The stock has “Buy” rating by Compass Point on Thursday, February 25. The stock of EVERTEC, Inc. (NYSE:EVTC) has “Market Perform” rating given on Thursday, February 22 by Cowen & Co. The rating was initiated by Cowen & Co on Wednesday, September 30 with “Outperform”. Stifel Nicolaus maintained EVERTEC, Inc. (NYSE:EVTC) rating on Tuesday, September 26. Stifel Nicolaus has “Hold” rating and $18.0 target.

Investors sentiment increased to 0.97 in 2018 Q1. Its up 0.11, from 0.86 in 2017Q4. It increased, as 21 investors sold EVTC shares while 52 reduced holdings. 31 funds opened positions while 40 raised stakes. 57.60 million shares or 3.59% more from 55.60 million shares in 2017Q4 were reported. Quantitative Systematic Strategies Ltd Liability Company reported 20,439 shares or 0.07% of all its holdings. Geode Capital Management Ltd Co has invested 0% in EVERTEC, Inc. (NYSE:EVTC). Renaissance Technologies Limited Com holds 0.01% of its portfolio in EVERTEC, Inc. (NYSE:EVTC) for 429,500 shares. Rivulet Ltd Liability Corp holds 3.74 million shares. 116,487 were accumulated by Qs Invsts Limited Liability. Citadel Advsr Limited Co accumulated 225,191 shares. Panagora Asset Mgmt Incorporated has 331,622 shares for 0.02% of their portfolio. Connor Clark Lunn Inv Mngmt holds 69,100 shares. The Florida-based State Board Of Administration Of Florida Retirement System has invested 0% in EVERTEC, Inc. (NYSE:EVTC). Schwerin Boyle Capital Management reported 0.73% of its portfolio in EVERTEC, Inc. (NYSE:EVTC). D E Shaw And Company Incorporated stated it has 0.01% in EVERTEC, Inc. (NYSE:EVTC). Mason Street Limited Liability Com holds 0.01% or 16,666 shares in its portfolio. Great West Life Assurance Can stated it has 0% of its portfolio in EVERTEC, Inc. (NYSE:EVTC). Prudential Financial has invested 0% in EVERTEC, Inc. (NYSE:EVTC). Globeflex Cap LP reported 49,994 shares.

More news for EVERTEC, Inc. (NYSE:EVTC) were recently published by: Seekingalpha.com, which released: “Payments sector upgraded by Morgan Stanley” on July 19, 2018. Businesswire.com‘s article titled: “EVERTEC Partners with Start-Up Accelerator, Parallel 18” and published on July 25, 2018 is yet another important article.

EVERTEC, Inc. (NYSE:EVTC) Institutional Positions Chart

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