Coastline Trust Co Upped Amazon Com (AMZN) Stake by $1.22 Million; Shareholder Hhr Asset Management Raised Tesla (TSLA) Stake

February 25, 2018 - By Peter Mason

Coastline Trust Co increased its stake in Amazon Com Inc (AMZN) by 48.77% based on its latest 2017Q3 regulatory filing with the SEC. Coastline Trust Co bought 1,269 shares as the company’s stock rose 13.58% with the market. The institutional investor held 3,871 shares of the consumer services company at the end of 2017Q3, valued at $3.72 million, up from 2,602 at the end of the previous reported quarter. Coastline Trust Co who had been investing in Amazon Com Inc for a number of months, seems to be bullish on the $726.16 billion market cap company. The stock increased 0.99% or $14.66 during the last trading session, reaching $1500. About 4.42 million shares traded. Amazon.com, Inc. (NASDAQ:AMZN) has risen 37.41% since February 25, 2017 and is uptrending. It has outperformed by 20.71% the S&P500.

Hhr Asset Management Llc increased its stake in Tesla Inc (TSLA) by 2.31% based on its latest 2017Q3 regulatory filing with the SEC. Hhr Asset Management Llc bought 5,260 shares as the company’s stock rose 14.18% with the market. The hedge fund held 232,538 shares of the capital goods company at the end of 2017Q3, valued at $79.32M, up from 227,278 at the end of the previous reported quarter. Hhr Asset Management Llc who had been investing in Tesla Inc for a number of months, seems to be bullish on the $59.45B market cap company. The stock increased 1.70% or $5.88 during the last trading session, reaching $352.05. About 5.82M shares traded or 1.17% up from the average. Tesla, Inc. (NASDAQ:TSLA) has risen 44.43% since February 25, 2017 and is uptrending. It has outperformed by 27.73% 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. St Johns Invest Mgmt Ltd Limited Liability Company owns 1,029 shares. Bar Harbor Trust Service stated it has 375 shares. Moreover, Citigroup has 0.32% invested in Amazon.com, Inc. (NASDAQ:AMZN) for 401,676 shares. Old Mutual Customised Solutions (Proprietary) holds 4,705 shares. Osborne Mngmt Limited has invested 0.03% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Btc Management Inc stated it has 5,428 shares. Crawford Inv Counsel Incorporated reported 0.01% in Amazon.com, Inc. (NASDAQ:AMZN). Hm Payson invested in 1.15% or 27,710 shares. Colonial Tru Advisors owns 5,623 shares for 1.19% of their portfolio. Middleton Company Ma stated it has 3.66% in Amazon.com, Inc. (NASDAQ:AMZN). Art Limited Liability Company holds 0.74% or 15,100 shares. Wafra Investment Advisory Inc New York reported 15,470 shares. Thompson Davis & owns 1.42% invested in Amazon.com, Inc. (NASDAQ:AMZN) for 834 shares. Majedie Asset Mngmt Ltd holds 0.05% or 580 shares. Comm Bank & Trust has 0.79% invested in Amazon.com, Inc. (NASDAQ:AMZN).

Coastline Trust Co, which manages about $573.48M US Long portfolio, decreased its stake in Praxair Inc (NYSE:PX) by 2,463 shares to 25,590 shares, valued at $3.58M in 2017Q3, according to the filing. It also reduced its holding in Adobe Sys Inc (NASDAQ:ADBE) by 5,390 shares in the quarter, leaving it with 33,430 shares, and cut its stake in Marathon Petroleum Corporation (NYSE:MPC).

Among 54 analysts covering Amazon.com (NASDAQ:AMZN), 51 have Buy rating, 0 Sell and 3 Hold. Therefore 94% are positive. Amazon.com had 275 analyst reports since July 21, 2015 according to SRatingsIntel. KeyBanc Capital Markets maintained the shares of AMZN in report on Sunday, July 23 with “Hold” rating. The stock of Amazon.com, Inc. (NASDAQ:AMZN) has “Overweight” rating given on Tuesday, September 27 by JP Morgan. Jefferies maintained the shares of AMZN in report on Friday, June 16 with “Buy” rating. The company was maintained on Friday, July 29 by JMP Securities. The stock of Amazon.com, Inc. (NASDAQ:AMZN) has “Buy” rating given on Tuesday, March 29 by Stifel Nicolaus. The stock has “Overweight” rating by Piper Jaffray on Tuesday, January 3. The rating was maintained by Axiom Capital with “Buy” on Tuesday, October 27. The stock has “Buy” rating by BMO Capital Markets on Tuesday, January 16. Morgan Stanley maintained the stock with “Buy” rating in Friday, July 28 report. The firm has “Buy” rating by Monness Crespi & Hardt given on Friday, October 23.

Since December 7, 2017, it had 0 buys, and 8 sales for $38.37 million activity. Blackburn Jeffrey M sold 12,666 shares worth $18.50 million. Shares for $795,502 were sold by Reynolds Shelley. On Thursday, February 15 the insider Jassy Andrew R sold $2.90 million. Another trade for 2,216 shares valued at $3.24M was made by Zapolsky David on Thursday, February 15. WILKE JEFFREY A sold $3.25 million worth of stock or 2,800 shares. Another trade for 2,285 shares valued at $3.35 million was sold by ALBERG TOM A.

Among 35 analysts covering Tesla Motors Inc (NASDAQ:TSLA), 13 have Buy rating, 10 Sell and 12 Hold. Therefore 37% are positive. Tesla Motors Inc had 127 analyst reports since July 21, 2015 according to SRatingsIntel. On Tuesday, September 5 the stock rating was maintained by Deutsche Bank with “Hold”. Vetr upgraded the stock to “Buy” rating in Monday, August 24 report. The stock has “Neutral” rating by Citigroup on Thursday, August 17. The firm has “Buy” rating given on Wednesday, November 4 by Evercore. Global Equities Research maintained Tesla, Inc. (NASDAQ:TSLA) on Thursday, September 3 with “Buy” rating. The stock has “Underweight” rating by Barclays Capital on Thursday, April 6. Dougherty & Company maintained Tesla, Inc. (NASDAQ:TSLA) rating on Thursday, February 23. Dougherty & Company has “Buy” rating and $375 target. UBS maintained the shares of TSLA in report on Thursday, August 3 with “Sell” rating. The firm has “Buy” rating by Guggenheim given on Thursday, August 3. The rating was maintained by Goldman Sachs on Friday, August 7 with “Hold”.

Hhr Asset Management Llc, which manages about $2.77B and $1.92B US Long portfolio, decreased its stake in Salesforce Com Inc (NYSE:CRM) by 68,450 shares to 840,921 shares, valued at $78.56 million in 2017Q3, according to the filing. It also reduced its holding in Alphabet Inc by 760 shares in the quarter, leaving it with 84,563 shares, and cut its stake in Stamps Com Inc (NASDAQ:STMP).

Since September 1, 2017, it had 0 buys, and 9 sales for $4.84 million activity. FIELD JOHN DOUGLAS sold $330,056 worth of Tesla, Inc. (NASDAQ:TSLA) on Thursday, February 15. Shares for $34,661 were sold by Branderiz Eric.

Investors sentiment increased to 1.3 in Q3 2017. Its up 0.03, from 1.27 in 2017Q2. It improved, as 93 investors sold TSLA shares while 134 reduced holdings. 73 funds opened positions while 223 raised stakes. 93.25 million shares or 1.29% more from 92.06 million shares in 2017Q2 were reported. 2,285 are owned by Weatherly Asset Management Ltd Partnership. Main Street Rech Ltd Liability Corp holds 1,715 shares. 13,789 were reported by Gateway Investment Advisers Lc. Lpl Finance Llc holds 40,071 shares or 0.05% of its portfolio. Horan Advisors Limited Company invested 0% of its portfolio in Tesla, Inc. (NASDAQ:TSLA). Cubist Systematic Strategies Limited Co holds 2,953 shares. Kemnay Advisory Ser has invested 0.02% of its portfolio in Tesla, Inc. (NASDAQ:TSLA). Advisory Rech Incorporated holds 885 shares. Ameriprise has 24,340 shares for 0% of their portfolio. Moreover, Koshinski Asset Mngmt has 0.13% invested in Tesla, Inc. (NASDAQ:TSLA). Winfield Associate has invested 0.06% in Tesla, Inc. (NASDAQ:TSLA). Wms Prns Limited Liability Corporation holds 1,330 shares. Rhumbline Advisers reported 123,628 shares stake. Cibc Corp holds 0.04% or 12,430 shares. Blackrock reported 0.09% stake.

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By1 Peter Mason

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