Saba Capital Management LP Has Trimmed Ocwen Finl (OCN) Holding By $561,016; Amazon Com (AMZN)’s Sentiment Is 1.08

August 12, 2018 - By Lisa Delgado

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

Saba Capital Management Lp decreased Ocwen Finl Corp (OCN) stake by 37.87% reported in 2018Q1 SEC filing. Saba Capital Management Lp sold 140,254 shares as Ocwen Finl Corp (OCN)’s stock rose 30.14%. The Saba Capital Management Lp holds 230,086 shares with $948,000 value, down from 370,340 last quarter. Ocwen Finl Corp now has $565.11M valuation. The stock increased 0.72% or $0.03 during the last trading session, reaching $4.22. About 407,745 shares traded. Ocwen Financial Corporation (NYSE:OCN) has risen 71.37% since August 12, 2017 and is uptrending. It has outperformed by 58.80% the S&P500. Some Historical OCN News: 02/05/2018 – Ocwen 1Q Rev $260.3M; 13/03/2018 – Ocwen Participating in Two New York City Events to Help Homeowners; 13/03/2018 – MOODY’S AFFIRMS ALTISOURCE’S B3 RATINGS, REVISES OUTLOOK TO POSITIVE; 08/05/2018 – PHH CORP – ROVIDES UPDATE ON PROPOSED MERGER WITH OCWEN FINANCIAL CORPORATION; 19/04/2018 – Ocwen Financial Corporation Names Glen Messina President and Chief Executive Officer; 09/04/2018 – OCWEN FINANCIAL – FOLLOWING THE $25 MLN PAY DOWN, CO HAS ABOUT $269.1 MLN OUTSTANDING UNDER ITS SENIOR SECURED TERM LOAN; 17/04/2018 – The Law Offices of Vincent Wong Reminds Investors of an Investigation into PHH Corporation in Connection with the Sale of the Company to Ocwen Financial Corporation; 29/05/2018 – Ocwen Fincl Corp Announces Resignation of Michael Bourque as Chief Fincl Officer; 19/04/2018 – OCWEN FINANCIAL – GLEN A. MESSINA WILL ALSO BE APPOINTED AS A MEMBER OF CO’S BOARD; 02/04/2018 – Div Insur (MA): Division of Banks Announces Settlement over Deficient Loan Servicing Practices at Ocwen

Amazon Com Inc (AMZN) investors sentiment decreased to 1.08 in Q1 2018. It’s down -0.21, from 1.29 in 2017Q4. The ratio dropped, as 787 hedge funds increased and started new stock positions, while 732 reduced and sold positions in Amazon Com Inc. The hedge funds in our database now have: 266.38 million shares, down from 280.02 million shares in 2017Q4. Also, the number of hedge funds holding Amazon Com Inc in top ten stock positions increased from 418 to 486 for an increase of 68. Sold All: 73 Reduced: 659 Increased: 614 New Position: 173.

Investors sentiment decreased to 0.77 in Q1 2018. Its down 0.43, from 1.2 in 2017Q4. It is negative, as 21 investors sold OCN shares while 35 reduced holdings. 14 funds opened positions while 29 raised stakes. 56.56 million shares or 3.14% more from 54.84 million shares in 2017Q4 were reported. Morgan Stanley invested in 265,908 shares or 0% of the stock. Engineers Gate Manager LP holds 177,662 shares. Bancorp Of New York Mellon Corp accumulated 493,451 shares. Moreover, Tower Limited Liability Com (Trc) has 0% invested in Ocwen Financial Corporation (NYSE:OCN). Jane Street Group Incorporated reported 12,908 shares. Millennium Management Ltd Liability Corp owns 0% invested in Ocwen Financial Corporation (NYSE:OCN) for 55,018 shares. New York-based Alliancebernstein Ltd Partnership has invested 0% in Ocwen Financial Corporation (NYSE:OCN). Berson Corrado Investment Advsr Ltd Liability Co has invested 0.25% in Ocwen Financial Corporation (NYSE:OCN). Horizon Kinetics Lc stated it has 0.01% of its portfolio in Ocwen Financial Corporation (NYSE:OCN). Legal & General Group Public Limited has 0% invested in Ocwen Financial Corporation (NYSE:OCN). Zurcher Kantonalbank (Zurich Cantonalbank) invested in 0% or 2,811 shares. Blackrock invested in 0% or 6.88M shares. Bnp Paribas Arbitrage Sa accumulated 22,885 shares. Price T Rowe Associates Md holds 0% of its portfolio in Ocwen Financial Corporation (NYSE:OCN) for 168,854 shares. Renaissance accumulated 0.01% or 1.56 million shares.

Since February 13, 2018, it had 1 buying transaction, and 0 sales for $1.92 million activity. COOPERMAN LEON G also bought $1.92 million worth of Ocwen Financial Corporation (NYSE:OCN) shares.

Saba Capital Management Lp increased Templeton Emerg Mkts Income (TEI) stake by 1.47M shares to 6.26M valued at $70.73 million in 2018Q1. It also upped Dividend & Income Fund (XDNIX) stake by 34,520 shares and now owns 138,076 shares. Alphabet Inc was raised too.

More recent Ocwen Financial Corporation (NYSE:OCN) news were published by: Globenewswire.com which released: “Ocwen Financial Corporation Schedules Conference Call – 2nd Quarter 2018 Results” on July 19, 2018. Also Seekingalpha.com published the news titled: “PHH reports Q2 loss $1.11 per share; sees Ocwen merger closing in Q3” on August 03, 2018. Nasdaq.com‘s news article titled: “Ocwen, New Jersey Citizen Action and the NAACP Working Together To New Jersey Homeowners Better Afford Their …” with publication date: August 08, 2018 was also an interesting one.

Analysts await Amazon.com, Inc. (NASDAQ:AMZN) to report earnings on October, 25. They expect $3.21 EPS, up 517.31% or $2.69 from last year’s $0.52 per share. AMZN’s profit will be $1.57B for 146.91 P/E if the $3.21 EPS becomes a reality. After $5.07 actual EPS reported by Amazon.com, Inc. for the previous quarter, Wall Street now forecasts -36.69% negative EPS growth.

The stock decreased 0.64% or $12.22 during the last trading session, reaching $1886.3. About 3.46 million shares traded. Amazon.com, Inc. (AMZN) has risen 62.09% since August 12, 2017 and is uptrending. It has outperformed by 49.52% the S&P500. Some Historical AMZN News: 17/04/2018 – Russia tells Amazon, Google their IP addresses blocked because of Telegram-lfax; 09/03/2018 – Billboard: The Temper Trap Cover The Triffids’ ‘Wide Open Road’ For Amazon’s ‘Made In Australia’ Playlist: Exclusive Premier; 06/03/2018 – MEDIA-Amazon ramps up Seattle growth target despite plans for ‘HQ2’- Seattle Times; 24/04/2018 – AMAZON.COM – AMAZON KEY SERVICE NOW GIVES CUSTOMERS OPTION TO RECEIVE DELIVERIES INSIDE THEIR VEHICLE; 10/05/2018 – Engage ESM Launches New ServiceNow Integration for Amazon Web Services to Improve Enterprise Productivity and Governance; 20/03/2018 – Edmonton Journal: Amazon to limit single, low-priced purchases in effort to cut shipping costs; 29/03/2018 – Tech Today: Amazon Trumped Again, Tesla Shootout, Buying Spotify — Barron’s Blog; 17/05/2018 – ABC 33-40: Sources: Amazon eyes 133 acres in Bessemer for new distribution center; 14/05/2018 – MORGAN STANLEY REPORTS AMAZON ALEXA SKILLS – OFFERING ORIGINAL; 26/04/2018 – NFL, AMAZON RENEW STREAMING PACT FOR THURSDAY NIGHT FOOTBALL

Huntington Steele Llc holds 31.24% of its portfolio in Amazon.com, Inc. for 83,615 shares. Jw Asset Management Llc owns 19,627 shares or 28% of their US portfolio. Moreover, Antipodean Advisors Llc has 24.16% invested in the company for 15,100 shares. The Florida-based Gruss & Co Inc has invested 16.54% in the stock. Brighton Jones Llc, a Washington-based fund reported 82,018 shares.

Since January 1, 0001, it had 0 buys, and 21 insider sales for $63.19 million activity.

Amazon.com, Inc. engages in the retail sale of consumer products and subscriptions in North America and internationally. The company has market cap of $920.03 billion. It operates through the North America, International, and Amazon Web Services divisions. It has a 149.39 P/E ratio. The firm sells merchandise and content purchased for resale from vendors, as well as those offered by third-party sellers through retail Websites, such as amazon.com, amazon.ca, amazon.com.mx, amazon.com.au, amazon.com.br, amazon.cn, amazon.fr, amazon.de, amazon.in, amazon.it, amazon.co.jp, amazon.nl, amazon.es, and amazon.co.uk.

More notable recent Amazon.com, Inc. (NASDAQ:AMZN) news were published by: Bizjournals.com which released: “It’s official: Amazon is coming to Garner” on August 10, 2018, also Bizjournals.com with their article: “Amazon delivers up hiring events for Lake Nona fulfillment center” published on August 10, 2018, Seekingalpha.com published: “Amazon’s Aurora Serverless gets general release” on August 10, 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 Fool.com‘s news article titled: “Why Amazon Doesn’t Worry About Its Lack of Alexa Shoppers” with publication date: August 11, 2018.

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

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 FREE 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:


Recent Posts