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As Shaw Communications (SJR) Stock Declined, Shareholder Lincluden Management LTD Has Lowered Position by $382,400; Pinnacle Advisory Group Decreased Stake in Amazon Com (AMZN) as Valuation Rose

Shaw Communications Inc. (NYSE:SJR) Logo

Pinnacle Advisory Group Inc decreased its stake in Amazon Com Inc (AMZN) by 68.7% based on its latest 2018Q2 regulatory filing with the SEC. Pinnacle Advisory Group Inc sold 711 shares as the company’s stock rose 16.73% with the market. The institutional investor held 324 shares of the consumer services company at the end of 2018Q2, valued at $551,000, down from 1,035 at the end of the previous reported quarter. Pinnacle Advisory Group Inc who had been investing in Amazon Com Inc for a number of months, seems to be less bullish one the $830.85B market cap company. The stock increased 1.85% or $30.79 during the last trading session, reaching $1699.19. About 8.68 million shares traded or 32.73% up from the average. Amazon.com, Inc. (NASDAQ:AMZN) has risen 102.53% since December 6, 2017 and is uptrending. It has outperformed by 86.91% the S&P500. Some Historical AMZN News: 17/04/2018 – Jeffrey Dastin: Exclusive: @Amazon in talks with airline Azul for shipping in #Brazil; 03/04/2018 – ian bremmer: BREAKING: Amazon’s official response to Trump attacks; 26/04/2018 – Amazon is straying from Jeff Bezos’ vow to ‘charge less’; 12/04/2018 – Spokane Bus Jrn: Amazon of a project is in the works in Spokane area; 15/03/2018 – The fair competition rules anticipated neither the e-commerce boom nor the rise of Amazon Japan; 15/03/2018 – The company is also alleged to have requested vendors help absorb the costs of discounting goods; 23/05/2018 – Kroger Beefs Up Amazon Response With $200 Million Meal-Kit Deal; 01/05/2018 – World-Renowned Economist, Professor Jerry Hausman, Joins Teikametrics as a Scientific Advisor to Democratize Retail for Amazon; 02/04/2018 – Dow drops more than 400 points, Amazon leads tech lower; 14/03/2018 – Amazon-owned Whole Foods, Kroger and Target, meanwhile, are investing in some of the same initiatives

Lincluden Management Ltd decreased its stake in Shaw Communications (SJR) by 0.78% based on its latest 2018Q2 regulatory filing with the SEC. Lincluden Management Ltd sold 19,120 shares as the company’s stock declined 8.71% while stock markets rallied. The institutional investor held 2.42 million shares of the television services company at the end of 2018Q2, valued at $49.23M, down from 2.44 million at the end of the previous reported quarter. Lincluden Management Ltd who had been investing in Shaw Communications for a number of months, seems to be less bullish one the $9.61 billion market cap company. The stock increased 1.18% or $0.22 during the last trading session, reaching $18.91. About 911,908 shares traded or 81.55% up from the average. Shaw Communications Inc. (NYSE:SJR) has declined 14.74% since December 6, 2017 and is downtrending. It has underperformed by 30.36% the S&P500. Some Historical SJR News: 13/03/2018 – RPT-GAYLIN HOLDINGS LTD – APPOINTS KYLE ARNOLD SHAW JR AS EXECUTIVE CHAIRMAN; 07/05/2018 – Griffin Capital Essential Asset REIT Completes Acquisition of The Shaw Distribution Center – Northport Building C; 12/04/2018 – Shaw Communications 2Q Loss C$164M; 08/05/2018 – O’Reilly Automotive: Jeff Shaw Promoted to Chief Operating Officer and Co-President; 12/04/2018 – CROWD MOBILE LTD CM8.AX – CHRISTIAN SHAW WILL CEASE EMPLOYMENT WITH CO AS CFO; 17/04/2018 – Bank of Queensland Target Price Cut 13% to A$11.30/Share by Shaw & Partners; 12/04/2018 – SHAW COMMUNICATIONS INC – DOES NOT ANTICIPATE FULL-YEAR TBT RESTRUCTURING COSTS TO EXCEED $450 MLN; 16/05/2018 – HALL CHADWICK- · RICHARD ALBARRAN, BRENT KIJURINA AND CAMERON SHAW APPOINTED AS VOLUNTARY ADMINISTRATORS OF CAPITAL MINING; 08/05/2018 – O’REILLY AUTOMOTIVE INC – JEFF SHAW PROMOTED TO CHIEF OPERATING OFFICER AND CO-PRESIDENT; 14/05/2018 – CRG – ANNOUNCED SALE OF ITS 1 MLN SQUARE FOOT BUILD-TO-SUIT FACILITY IN SAVANNAH, GEORGIA FOR SHAW INDUSTRIES GROUP TO GRIFFIN CAPITAL CO FOR $57 MLN

Among 8 analysts covering Shaw Comms (NYSE:SJR), 6 have Buy rating, 1 Sell and 1 Hold. Therefore 75% are positive. Shaw Comms had 15 analyst reports since October 20, 2015 according to SRatingsIntel. Citigroup initiated the shares of SJR in report on Thursday, April 6 with “Sell” rating. Barclays Capital initiated it with “Equal-Weight” rating and $20 target in Tuesday, April 5 report. The rating was upgraded by Macquarie Research to “Outperform” on Tuesday, October 20. The stock has “Equal-Weight” rating by Barclays Capital on Friday, October 27. The stock of Shaw Communications Inc. (NYSE:SJR) has “Sector Perform” rating given on Friday, October 23 by RBC Capital Markets. The stock of Shaw Communications Inc. (NYSE:SJR) earned “Outperform” rating by Scotia Capital on Friday, April 13. Echelon Wealth Partners maintained the stock with “Buy” rating in Thursday, April 12 report. On Thursday, April 12 the stock rating was upgraded by Barclays Capital to “Buy”. As per Thursday, December 17, the company rating was maintained by RBC Capital Markets. The stock has “Equal Weight” rating by Barclays Capital on Friday, October 23.

Lincluden Management Ltd, which manages about $1.37 billion US Long portfolio, upped its stake in Bce Inc by 182,690 shares to 1.84 million shares, valued at $75.43 million in 2018Q2, according to the filing. It also increased its holding in Telus Corp. by 19,430 shares in the quarter, for a total of 1.41 million shares, and has risen its stake in Camden Property Trust (NYSE:CPT).

Analysts await Shaw Communications Inc. (NYSE:SJR) to report earnings on January, 10. They expect $0.25 earnings per share, up 31.58% or $0.06 from last year’s $0.19 per share. SJR’s profit will be $126.98 million for 18.91 P/E if the $0.25 EPS becomes a reality. After $0.30 actual earnings per share reported by Shaw Communications Inc. for the previous quarter, Wall Street now forecasts -16.67% negative EPS growth.

More notable recent Shaw Communications Inc. (NYSE:SJR) news were published by: Seekingalpha.com which released: “Shaw Communications’ Strong Growth Should Continue – Seeking Alpha” on July 09, 2018, also Globenewswire.com with their article: “Shaw Launches Affordable, Enterprise-Grade Networking Solution to Keep Businesses Connected – GlobeNewswire” published on October 01, 2018, Fool.ca published: “After a Nasty October Sell-Off, Here Are 3 of the Best Bargains to Pounce on Today – The Motley Fool Canada” on October 15, 2018. More interesting news about Shaw Communications Inc. (NYSE:SJR) were released by: Globenewswire.com and their article: “Shaw Communications Inc. Fourth Quarter Fiscal 2018 Conference Call – GlobeNewswire” published on September 12, 2018 as well as Globenewswire.com‘s news article titled: “Shaw Announces Third Quarter and Year-To-Date Fiscal 2018 Results – GlobeNewswire” with publication date: June 28, 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 330 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Wednesday, December 9 by Nomura. DA Davidson initiated it with “Buy” rating and $1300.0 target in Thursday, September 7 report. The firm has “Buy” rating by UBS given on Monday, July 17. BMO Capital Markets initiated the shares of AMZN in report on Wednesday, March 2 with “Outperform” rating. As per Friday, April 29, the company rating was maintained by Mizuho. The firm has “Buy” rating by DA Davidson given on Monday, February 12. KeyBanc Capital Markets maintained the stock with “Hold” rating in Thursday, June 15 report. The stock has “Buy” rating by Needham on Wednesday, September 27. The stock has “Buy” rating by M Partners on Tuesday, May 29. On Friday, July 24 the stock rating was maintained by Cantor Fitzgerald with “Buy”.

Since August 15, 2018, it had 0 insider purchases, and 22 insider sales for $92.11 million activity. $4.01 million worth of Amazon.com, Inc. (NASDAQ:AMZN) shares were sold by WILKE JEFFREY A. $687,447 worth of Amazon.com, Inc. (NASDAQ:AMZN) was sold by Reynolds Shelley on Thursday, November 15. Blackburn Jeffrey M had sold 2,054 shares worth $3.90M on Wednesday, August 15. 2,030 shares valued at $3.21M were sold by Olsavsky Brian T on Thursday, November 15. $2.70 million worth of stock was sold by Jassy Andrew R on Thursday, November 15. $2.31 million worth of stock was sold by STONESIFER PATRICIA Q on Friday, November 2.

Pinnacle Advisory Group Inc, which manages about $1.22B and $1.66B US Long portfolio, upped its stake in Select Sector Spdr Tr (XLV) by 201,780 shares to 496,517 shares, valued at $41.44 million in 2018Q2, according to the filing. It also increased its holding in Select Sector Spdr Tr (XLP) by 364,779 shares in the quarter, for a total of 1.17M shares, and has risen its stake in Ishares Tr (EFA).

More notable recent Amazon.com, Inc. (NASDAQ:AMZN) news were published by: Seekingalpha.com which released: “Amazon, Stamps.com drop on suggested USPS hike – Seeking Alpha” on December 04, 2018, also Nasdaq.com with their article: “Apple Makes Rare Cross-Platform Play With Apple Music – Nasdaq” published on November 30, 2018, Benzinga.com published: “Why An AWS Spin-Off Could Be Amazon’s Best Strategic Move (NASDAQ:AMZN) – Benzinga” on December 06, 2018. More interesting news about Amazon.com, Inc. (NASDAQ:AMZN) were released by: Benzinga.com and their article: “Analyst: FANG Stocks Growth Fundamentals Remain Relatively Strong (NASDAQ:FB)(NASDAQ:AMZN)(NFLX)(GOOGL) – Benzinga” published on November 27, 2018 as well as Nasdaq.com‘s news article titled: “Consumer Sector Update for 11/23/2018: KSS,AMZN,TGT – Nasdaq” with publication date: November 23, 2018.

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

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