As Amazon.Com (AMZN) Market Valuation Rose, Interactive Financial Advisors Lifted Its Position by $930,421; Land & Buildings Investment Management Raised Taubman Ctrs (TCO) Position by $7.72 Million as Market Value Declined

August 10, 2018 - By Carolyn Hewitt

Taubman Centers, Inc. (NYSE:TCO) Logo

Interactive Financial Advisors increased its stake in Amazon.Com Inc (AMZN) by 502.34% based on its latest 2018Q1 regulatory filing with the SEC. Interactive Financial Advisors bought 643 shares as the company’s stock rose 5.80% while stock markets declined. The institutional investor held 771 shares of the consumer services company at the end of 2018Q1, valued at $1.12M, up from 128 at the end of the previous reported quarter. Interactive Financial Advisors who had been investing in Amazon.Com Inc for a number of months, seems to be bullish on the $925.99 billion market cap company. The stock increased 0.64% or $12 during the last trading session, reaching $1898.52. About 4.65M shares traded or 16.56% up from the average. Amazon.com, Inc. (NASDAQ:AMZN) has risen 62.09% since August 10, 2017 and is uptrending. It has outperformed by 49.52% the S&P500. Some Historical AMZN News: 19/04/2018 – Tech Today: Chips Sink, Apple Shifts iPhone Plans, Amazon’s in Prime Time — Barron’s Blog; 07/03/2018 – AMAZON.COM INC AMZN.O – ANNOUNCED PLANS FOR FIRST MISSOURI FULFILLMENT CENTER TO BE LOCATED IN ST. PETERS; 06/04/2018 – Trump attacks Amazon low-tech underbelly; 22/03/2018 – Babies R Us is the third most popular destination for baby registries after Amazon and Target, according to a WeeSpring survey; 15/03/2018 – Saqib: Exclusive: Amazon’s internal numbers on Prime Video, revealed; 08/03/2018 – Uber has hired a top Amazon voice exec as head of product as Daniel Graf departs Assaf Ronen has been running the e-commerce giant’s voice shopping efforts; 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; 25/04/2018 – Introducing Amazon FreeTime on Alexa–An All-New Alexa Experience Built from the Ground Up for Kids; 20/03/2018 – NJ Governor: Statement from Governor Murphy on Newark’s Selection as a Finalist for Amazon’s HQ2; 12/03/2018 – POLL: Which will hit $1 trillion first? $AMZN or $AAPL?

Land & Buildings Investment Management Llc increased its stake in Taubman Ctrs Inc (TCO) by 14.1% based on its latest 2018Q1 regulatory filing with the SEC. Land & Buildings Investment Management Llc bought 137,800 shares as the company’s stock declined 13.38% with the market. The hedge fund held 1.11 million shares of the consumer services company at the end of 2018Q1, valued at $63.45M, up from 977,147 at the end of the previous reported quarter. Land & Buildings Investment Management Llc who had been investing in Taubman Ctrs Inc for a number of months, seems to be bullish on the $5.45 billion market cap company. The stock increased 0.65% or $0.41 during the last trading session, reaching $63.43. About 266,703 shares traded. Taubman Centers, Inc. (NYSE:TCO) has declined 15.53% since August 10, 2017 and is downtrending. It has underperformed by 28.10% the S&P500. Some Historical TCO News: 08/05/2018 – LAND & BUILDINGS URGES TCO END DUAL-CLASS VOTING SHR STRUCTURE; 18/05/2018 – LAND & BUILDINGS SAYS ISS RECOMMENDS TAUBMAN SHAREHOLDERS VOTE FOR ELECTION OF JONATHAN LITT AT UPCOMING ANNUAL MEETING; 26/04/2018 – Taubman Centers 1Q EPS 30c; 26/04/2018 – TAUBMAN CENTERS INC TCO.N SEES FY 2018 FFO SHR $3.56 TO $3.70 INCLUDING ITEMS; 26/04/2018 – TAUBMAN CENTERS SEES FY FFO/SHR $3.56 TO $3.70; 17/05/2018 – ISS Supports Activist’s Nomination for Taubman Centers Board; 26/04/2018 – TAUBMAN CENTERS 1Q AFFO/SHR $1.04; 26/04/2018 – TAUBMAN CENTERS 1Q AFFO/SHR $1.04, EST. 75C; 22/05/2018 – Both Leading Proxy Advisory Firms Again Endorse Land & Buildings’ Case for Change at Taubman; 26/04/2018 – TAUBMAN CENTERS INC TCO.N SEES FY 2018 ADJUSTED FFO SHR $3.72 TO $3.86 EXCLUDING ITEMS

Investors sentiment increased to 1.44 in 2018 Q1. Its up 0.16, from 1.28 in 2017Q4. It improved, as 20 investors sold TCO shares while 64 reduced holdings. 38 funds opened positions while 83 raised stakes. 60.38 million shares or 7.72% less from 65.43 million shares in 2017Q4 were reported. Moreover, Skba Cap Mngmt Limited Liability Co has 1.42% invested in Taubman Centers, Inc. (NYSE:TCO) for 184,600 shares. 141,225 are owned by Asset One. Aew Capital Mngmt LP reported 1.39% of its portfolio in Taubman Centers, Inc. (NYSE:TCO). Profund Advsrs Lc invested in 0.02% or 8,320 shares. Brookfield Asset has invested 0.47% in Taubman Centers, Inc. (NYSE:TCO). Lasalle Mngmt Securities Ltd Liability holds 2.1% of its portfolio in Taubman Centers, Inc. (NYSE:TCO) for 1.82M shares. Gsa Capital Ptnrs Llp owns 0.01% invested in Taubman Centers, Inc. (NYSE:TCO) for 4,470 shares. Amp Capital holds 0.34% or 1.03 million shares in its portfolio. Great West Life Assurance Com Can has invested 0.01% in Taubman Centers, Inc. (NYSE:TCO). Walleye Trading Ltd Limited Liability Company stated it has 15,955 shares. Moreover, Hexavest has 0% invested in Taubman Centers, Inc. (NYSE:TCO) for 1,500 shares. Thrivent For Lutherans owns 47,668 shares. Balyasny Asset Llc reported 224,065 shares or 0.05% of all its holdings. Century Inc owns 102,384 shares for 0.01% of their portfolio. Legal And General Gp Plc reported 523,509 shares or 0.02% of all its holdings.

Among 19 analysts covering Taubman Centers Inc. (NYSE:TCO), 6 have Buy rating, 1 Sell and 12 Hold. Therefore 32% are positive. Taubman Centers Inc. had 40 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Outperform” rating on Monday, August 24 by Oppenheimer. As per Tuesday, September 8, the company rating was maintained by Evercore. As per Monday, June 19, the company rating was maintained by Jefferies. Credit Suisse reinitiated the stock with “Outperform” rating in Wednesday, March 16 report. The rating was downgraded by Mizuho to “Neutral” on Wednesday, November 8. The stock has “Neutral” rating by Goldman Sachs on Wednesday, January 11. As per Monday, September 14, the company rating was upgraded by KeyBanc Capital Markets. The stock has “Hold” rating by Jefferies on Monday, July 24. The stock of Taubman Centers, Inc. (NYSE:TCO) earned “Hold” rating by BMO Capital Markets on Tuesday, January 9. The firm earned “Hold” rating on Wednesday, August 23 by Jefferies.

More recent Taubman Centers, Inc. (NYSE:TCO) news were published by: Seekingalpha.com which released: “Goldman pulls bearish outlook for retail REITs” on July 17, 2018. Also Seekingalpha.com published the news titled: “Taubman Centers, Inc. (TCO) CEO Robert Taubman on Q2 2018 Results – Earnings Call Transcript” on July 31, 2018. Seekingalpha.com‘s news article titled: “Taubman Centers boosts 2018 NOI guidance, narrows adjusted FFO range” with publication date: July 30, 2018 was also an interesting one.

Since February 13, 2018, it had 0 buys, and 2 insider sales for $102,029 activity. HATKOFF CRAIG M also sold $79,137 worth of Taubman Centers, Inc. (NYSE:TCO) shares.

More notable recent Amazon.com, Inc. (NASDAQ:AMZN) news were published by: Nasdaq.com which released: “Is Amazon (AMZN) Outperforming Other Retail-Wholesale Stocks This Year?” on July 24, 2018, also Nasdaq.com with their article: “Should You Buy Amazon (AMZN) Stock Ahead of Q2 Earnings?” published on July 25, 2018, Nasdaq.com published: “Get into Bank Stocks Soon Because Inflation Is on the Way” on August 09, 2018. More interesting news about Amazon.com, Inc. (NASDAQ:AMZN) were released by: Seekingalpha.com and their article: “Amazon releases Alexa Auto SDK for developers” published on August 09, 2018 as well as Nasdaq.com‘s news article titled: “Amazon (AMZN) Earnings Crush Expectations, Shares Rise” with publication date: July 27, 2018.

Among 56 analysts covering Amazon.com (NASDAQ:AMZN), 53 have Buy rating, 0 Sell and 3 Hold. Therefore 95% are positive. Amazon.com had 319 analyst reports since July 21, 2015 according to SRatingsIntel. CLSA maintained the shares of AMZN in report on Friday, July 29 with “Outperform” rating. The rating was maintained by Aegis Capital on Friday, April 27 with “Buy”. On Tuesday, March 29 the stock rating was maintained by Stifel Nicolaus with “Buy”. The stock has “Buy” rating by Mizuho on Friday, February 3. The firm earned “Buy” rating on Tuesday, May 29 by M Partners. On Friday, July 27 the stock rating was maintained by Credit Suisse with “Outperform”. JP Morgan maintained Amazon.com, Inc. (NASDAQ:AMZN) on Friday, July 27 with “Overweight” rating. On Friday, April 27 the stock rating was maintained by Susquehanna with “Buy”. On Monday, June 12 the stock rating was maintained by Piper Jaffray with “Buy”. The company was maintained on Tuesday, August 4 by Piper Jaffray.

Investors sentiment decreased to 1.08 in 2018 Q1. Its down 0.21, from 1.29 in 2017Q4. It fall, 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. Piedmont Invest Advsr Lc owns 74,189 shares. Solaris Asset Mngmt Lc owns 399 shares or 3.79% of their US portfolio. Fort Point Capital Prtnrs Limited invested in 2,645 shares. Macquarie Gp Ltd holds 0.26% or 99,860 shares. D E Shaw accumulated 233,544 shares. Js Capital Mgmt Ltd Liability Corp stated it has 10,000 shares or 5.26% of all its holdings. Arrow invested 3.29% in Amazon.com, Inc. (NASDAQ:AMZN). Diligent Invsts Lc holds 0.5% or 572 shares in its portfolio. Gofen & Glossberg Limited Il reported 16,147 shares. Duquesne Family Office Ltd Co invested 13.66% in Amazon.com, Inc. (NASDAQ:AMZN). Howland Capital Mngmt Limited Liability Corporation has 0.49% invested in Amazon.com, Inc. (NASDAQ:AMZN). Parsec Fin Mgmt holds 1,177 shares. United Asset Strategies has 3,277 shares. Weybosset Research Mgmt Ltd Liability reported 0.33% in Amazon.com, Inc. (NASDAQ:AMZN). Toronto Dominion Financial Bank accumulated 0.74% or 229,959 shares.

Since February 15, 2018, it had 0 insider buys, and 21 insider sales for $63.19 million activity. $3.03M worth of Amazon.com, Inc. (NASDAQ:AMZN) was sold by Zapolsky David on Tuesday, May 15. 2,054 shares were sold by Blackburn Jeffrey M, worth $3.23M. The insider WILKE JEFFREY A sold $387,475. $795,502 worth of Amazon.com, Inc. (NASDAQ:AMZN) was sold by Reynolds Shelley. $2.90 million worth of Amazon.com, Inc. (NASDAQ:AMZN) was sold by Jassy Andrew R. $2.17 million worth of Amazon.com, Inc. (NASDAQ:AMZN) was sold by STONESIFER PATRICIA Q.

Taubman Centers, Inc. (NYSE:TCO) Institutional Positions Chart

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