Winslow Evans & Crocker Cut Its Idexx Labs (IDXX) Position by $325,500 as Market Valuation Rose; Amazon Com (AMZN) Share Price Rose While Mechanics Bank Trust Department Has Upped Its Position

February 21, 2018 - By Ellis Scott

Mechanics Bank Trust Department increased its stake in Amazon Com Inc (AMZN) by 58.76% based on its latest 2017Q3 regulatory filing with the SEC. Mechanics Bank Trust Department bought 916 shares as the company’s stock rose 13.58% with the market. The institutional investor held 2,475 shares of the consumer services company at the end of 2017Q3, valued at $2.38M, up from 1,559 at the end of the previous reported quarter. Mechanics Bank Trust Department who had been investing in Amazon Com Inc for a number of months, seems to be bullish on the $721.67 billion market cap company. The stock increased 1.52% or $22.37 during the last trading session, reaching $1490.72. About 2.29M shares traded. Amazon.com, Inc. (NASDAQ:AMZN) has risen 37.41% since February 21, 2017 and is uptrending. It has outperformed by 20.71% the S&P500.

Winslow Evans & Crocker Inc decreased its stake in Idexx Labs Inc (IDXX) by 53.85% based on its latest 2017Q3 regulatory filing with the SEC. Winslow Evans & Crocker Inc sold 2,100 shares as the company’s stock rose 13.64% with the market. The institutional investor held 1,800 shares of the health care company at the end of 2017Q3, valued at $279,000, down from 3,900 at the end of the previous reported quarter. Winslow Evans & Crocker Inc who had been investing in Idexx Labs Inc for a number of months, seems to be less bullish one the $16.21B market cap company. The stock increased 1.59% or $2.92 during the last trading session, reaching $186.08. About 74,384 shares traded. IDEXX Laboratories, Inc. (NASDAQ:IDXX) has risen 83.30% since February 21, 2017 and is uptrending. It has outperformed by 66.60% the S&P500.

Analysts await IDEXX Laboratories, Inc. (NASDAQ:IDXX) to report earnings on April, 27. They expect $0.93 EPS, up 43.08% or $0.28 from last year’s $0.65 per share. IDXX’s profit will be $81.03M for 50.02 P/E if the $0.93 EPS becomes a reality. After $0.77 actual EPS reported by IDEXX Laboratories, Inc. for the previous quarter, Wall Street now forecasts 20.78% EPS growth.

Among 11 analysts covering IDEXX Laboratories (NASDAQ:IDXX), 7 have Buy rating, 2 Sell and 2 Hold. Therefore 64% are positive. IDEXX Laboratories had 27 analyst reports since July 24, 2015 according to SRatingsIntel. The stock of IDEXX Laboratories, Inc. (NASDAQ:IDXX) earned “Buy” rating by Bank of America on Friday, February 2. The firm has “Buy” rating given on Monday, October 23 by Stifel Nicolaus. The firm earned “Neutral” rating on Thursday, September 29 by Bank of America. The company was maintained on Thursday, July 23 by Canaccord Genuity. Canaccord Genuity maintained the shares of IDXX in report on Wednesday, July 20 with “Buy” rating. Feltl & Co upgraded IDEXX Laboratories, Inc. (NASDAQ:IDXX) rating on Friday, July 24. Feltl & Co has “Hold” rating and $69.50 target. The stock of IDEXX Laboratories, Inc. (NASDAQ:IDXX) has “Buy” rating given on Thursday, October 5 by Canaccord Genuity. Canaccord Genuity maintained the stock with “Buy” rating in Monday, August 21 report. Stifel Nicolaus maintained it with “Buy” rating and $80 target in Thursday, October 29 report. Credit Suisse initiated the shares of IDXX in report on Thursday, February 4 with “Outperform” rating.

Investors sentiment decreased to 0.86 in 2017 Q3. Its down 0.33, from 1.19 in 2017Q2. It dived, as 39 investors sold IDXX shares while 196 reduced holdings. 55 funds opened positions while 146 raised stakes. 87.85 million shares or 15.07% more from 76.34 million shares in 2017Q2 were reported. Dimensional Fund Advsrs Ltd Partnership invested 0.02% in IDEXX Laboratories, Inc. (NASDAQ:IDXX). Woodstock Corp reported 50,030 shares. Columbia Wanger Asset Mngmt Ltd Liability invested 0.28% of its portfolio in IDEXX Laboratories, Inc. (NASDAQ:IDXX). Sumitomo Mitsui Trust Hldgs Inc holds 293,894 shares. Teacher Retirement System Of Texas invested in 0.02% or 23,141 shares. Loring Wolcott & Coolidge Fiduciary Llp Ma owns 0.42% invested in IDEXX Laboratories, Inc. (NASDAQ:IDXX) for 141,148 shares. Utd Capital Fincl Advisers Ltd Llc holds 0.02% in IDEXX Laboratories, Inc. (NASDAQ:IDXX) or 11,558 shares. Prudential Fincl Inc invested in 0.05% or 191,762 shares. Moreover, Paloma Partners Management Communications has 0.03% invested in IDEXX Laboratories, Inc. (NASDAQ:IDXX). Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Inv Mngmt Corp holds 0.01% or 4,800 shares in its portfolio. Axa has 0.21% invested in IDEXX Laboratories, Inc. (NASDAQ:IDXX). Glenmede Tru Na reported 0% stake. Louisiana State Employees Retirement System accumulated 5,400 shares or 0.04% of the stock. 1832 Asset Limited Partnership accumulated 160 shares. Lowe Brockenbrough & Company, a Virginia-based fund reported 1,400 shares.

Winslow Evans & Crocker Inc, which manages about $600.60 million and $300.94 million US Long portfolio, upped its stake in Citigroup Inc (NYSE:C) by 4,451 shares to 8,634 shares, valued at $626,000 in 2017Q3, according to the filing.

Since August 22, 2017, it had 2 insider purchases, and 5 insider sales for $22.12 million activity. On Tuesday, January 9 AYERS JONATHAN W sold $8.96M worth of IDEXX Laboratories, Inc. (NASDAQ:IDXX) or 54,000 shares. $1.20 million worth of stock was sold by MCKEON BRIAN P on Monday, February 5. $790,342 worth of IDEXX Laboratories, Inc. (NASDAQ:IDXX) was sold by HENDERSON REBECCA M. Another trade for 1,000 shares valued at $178,045 was made by Kingsley Lawrence D on Wednesday, February 14.

Mechanics Bank Trust Department, which manages about $419.47M US Long portfolio, decreased its stake in Procter And Gamble Co (NYSE:PG) by 3,380 shares to 41,289 shares, valued at $3.76M in 2017Q3, according to the filing. It also reduced its holding in Electronic Arts Inc (NASDAQ:EA) by 4,342 shares in the quarter, leaving it with 37,248 shares, and cut its stake in Express Scripts Hldg Co (NASDAQ:ESRX).

Investors sentiment decreased to 1.26 in 2017 Q3. Its down 0.10, from 1.36 in 2017Q2. It fall, 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. Suvretta Capital Limited Liability has 199,363 shares for 5.41% of their portfolio. Gateway Invest Advisers Lc owns 220,915 shares or 1.84% of their US portfolio. Pinnacle Advisory holds 0.05% or 791 shares in its portfolio. 343 are owned by Dt Inv Prtnrs Ltd Company. Ipswich Inv Management reported 1.85% stake. Cranbrook Wealth Management Limited Company stated it has 40 shares. Commonwealth Bancorp Of Aus has 0% invested in Amazon.com, Inc. (NASDAQ:AMZN) for 271 shares. Primecap Mgmt Co Ca accumulated 299,078 shares. Janney Management Limited Co holds 0.01% or 319 shares in its portfolio. Montrusco Bolton Investments Inc reported 11,551 shares. Anderson Hoagland & stated it has 4.69% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Brinker Incorporated invested 0.35% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Brown Brothers Harriman And Co holds 0.01% or 2,212 shares. Moreover, Pub Sector Pension Invest Board has 0.3% invested in Amazon.com, Inc. (NASDAQ:AMZN). First Citizens Bankshares & reported 6,994 shares.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: