Peavine Capital Management Has Cut Western Alliance Bancorp (WAL) Holding by $5.11 Million; As Amazon.Com (AMZN) Valuation Declined, Private Bank & Trust Co Has Raised Stake

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Private Bank & Trust Co increased its stake in Amazon.Com (AMZN) by 9.89% based on its latest 2019Q1 regulatory filing with the SEC. Private Bank & Trust Co bought 409 shares as the company’s stock declined 2.34% . The hedge fund held 4,543 shares of the consumer services company at the end of 2019Q1, valued at $8.09 million, up from 4,134 at the end of the previous reported quarter. Private Bank & Trust Co who had been investing in Amazon.Com for a number of months, seems to be bullish on the $878.57 billion market cap company. The stock increased 0.75% or $13.16 during the last trading session, reaching $1776.12. About 3.81M shares traded or 2.19% up from the average. Amazon.com, Inc. (NASDAQ:AMZN) has risen 4.92% since August 16, 2018 and is uptrending. It has outperformed by 4.92% the S&P500. Some Historical AMZN News: 22/05/2018 – As interest in the cloud grows, companies like Amazon, Google and Microsoft fuel Pure Storage’s business; 22/05/2018 – Amazon’s Facial Recognition Fans Big Brother Fears; 06/03/2018 – Amazon Studios Greenlights First Half-Hour Animated Series Undone from Michael Eisner’s Tornante Company and Acclaimed; 14/05/2018 – Home Depot well placed to withstand ”Amazon effect,” investors say; 05/03/2018 – Finance Insider: These are the top 5 contenders for Amazon’s HQ2, according to Bank of America; 12/04/2018 – Amazon to Offer Ring Video Doorbell at New Everyday Price of $99; 04/04/2018 – Amazon could do a lot to fix the US health care system – but Walmart could do more; 15/03/2018 – Walmart sued by former exec alleging unlawful conduct in e-commerce business pinned against Amazon; 24/05/2018 – AMZN DEVICE MISTOOK BACKGROUND CHAT AS ‘SEND MESSAGE’ COMMAND; 16/05/2018 – BERKSHIRE, AMAZON, JPMORGAN JV IS SAID HARD TO FIND CEO : CNBC

Peavine Capital Management Llc decreased its stake in Western Alliance Bancorp (WAL) by 90.52% based on its latest 2019Q1 regulatory filing with the SEC. Peavine Capital Management Llc sold 124,542 shares as the company’s stock rose 4.55% . The institutional investor held 13,043 shares of the major banks company at the end of 2019Q1, valued at $535,000, down from 137,585 at the end of the previous reported quarter. Peavine Capital Management Llc who had been investing in Western Alliance Bancorp for a number of months, seems to be less bullish one the $4.34 billion market cap company. The stock decreased 0.97% or $0.41 during the last trading session, reaching $41.83. About 821,496 shares traded or 12.14% up from the average. Western Alliance Bancorporation (NYSE:WAL) has declined 12.62% since August 16, 2018 and is downtrending. It has underperformed by 12.62% the S&P500.

More notable recent Amazon.com, Inc. (NASDAQ:AMZN) news were published by: Benzinga.com which released: “Today’s Pickup: Trucks Merit No Mention In Analysis Of Road Congestion Pricing; YRC Drivers Lose Satellite Radio – Benzinga” on August 09, 2019, also Nasdaq.com with their article: “3 Great Tech Stocks to Buy for the Future – Nasdaq” published on August 13, 2019, Nasdaq.com published: “Amazon’s (AMZN) AWS Momentum to Drive Growth in Q2 Earnings – Nasdaq” on July 23, 2019. More interesting news about Amazon.com, Inc. (NASDAQ:AMZN) were released by: Nasdaq.com and their article: “Amazon’s Dip Is Your Buying Opportunity – Nasdaq” published on August 12, 2019 as well as Nasdaq.com‘s news article titled: “Better Second Half of 2019 Buy: Facebook (FB) vs. Amazon (AMZN) Stock – Nasdaq” with publication date: August 01, 2019.

Investors sentiment is 1.55 in Q1 2019. Its the same as in 2018Q4. It is the same, as 55 investors sold AMZN shares while 555 reduced holdings. only 176 funds opened positions while 770 raised stakes. 264.58 million shares or 28.87% less from 371.97 million shares in 2018Q4 were reported. Hartford Investment Mngmt Communication stated it has 2.48% in Amazon.com, Inc. (NASDAQ:AMZN). 203 were reported by Wharton Business Gp Ltd Com. Fragasso Inc holds 233 shares or 0.09% of its portfolio. Prio Wealth Ltd Partnership has invested 2.14% in Amazon.com, Inc. (NASDAQ:AMZN). Heritage Wealth Advsrs owns 521 shares. Auxier Asset Management invested 0.04% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Mason Street Advsrs Limited Liability Corp invested 2.17% in Amazon.com, Inc. (NASDAQ:AMZN). Eulav Asset Mgmt invested in 1.5% or 20,000 shares. Country Club Tru Na reported 0.22% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Neville Rodie & Shaw holds 0.29% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN) for 1,532 shares. Gateway Advisory Llc stated it has 0.06% in Amazon.com, Inc. (NASDAQ:AMZN). Davis R M accumulated 13,719 shares. Perigon Wealth Mgmt Limited Liability Company, California-based fund reported 1,971 shares. Intact Invest invested 0.08% in Amazon.com, Inc. (NASDAQ:AMZN). Torch Wealth Ltd Liability Corporation holds 0.78% or 711 shares.

Private Bank & Trust Co, which manages about $3.20B and $708.99 million US Long portfolio, decreased its stake in Walmart Inc. (NYSE:WMT) by 4,491 shares to 12,512 shares, valued at $1.22 million in 2019Q1, according to the filing. It also reduced its holding in Procter & Gamble Co (NYSE:PG) by 7,710 shares in the quarter, leaving it with 27,796 shares, and cut its stake in At&T Inc (NYSE:T).

Since May 17, 2019, it had 1 insider buy, and 0 selling transactions for $113,125 activity.

More notable recent Western Alliance Bancorporation (NYSE:WAL) news were published by: Benzinga.com which released: “Earnings Scheduled For July 18, 2019 – Benzinga” on July 18, 2019, also Seekingalpha.com with their article: “Western Alliance Bancorporation 2018 Q4 – Results – Earnings Call Slides – Seeking Alpha” published on January 25, 2019, Benzinga.com published: “Today’s Pickup: We Need More Guidance, Not Less; Walmart Exec On Driver Productivity (Or Lack Of It) – Benzinga” on May 20, 2019. More interesting news about Western Alliance Bancorporation (NYSE:WAL) were released by: Benzinga.com and their article: “Earnings Scheduled For April 22, 2019 – Benzinga” published on April 22, 2019 as well as Fool.com‘s news article titled: “Western Alliance Rides Rate Increases to Success – Motley Fool” with publication date: October 19, 2018.

Analysts await Western Alliance Bancorporation (NYSE:WAL) to report earnings on October, 17. They expect $1.20 earnings per share, up 14.29% or $0.15 from last year’s $1.05 per share. WAL’s profit will be $124.39M for 8.71 P/E if the $1.20 EPS becomes a reality. After $1.19 actual earnings per share reported by Western Alliance Bancorporation for the previous quarter, Wall Street now forecasts 0.84% EPS growth.

Investors sentiment increased to 1.53 in 2019 Q1. Its up 0.49, from 1.04 in 2018Q4. It is positive, as 18 investors sold WAL shares while 84 reduced holdings. 46 funds opened positions while 110 raised stakes. 84.00 million shares or 1.50% less from 85.28 million shares in 2018Q4 were reported. 5,116 were reported by Zeke Capital Advsr Ltd Company. State Of Tennessee Treasury Department invested in 0% or 12,174 shares. Mackenzie, Ontario – Canada-based fund reported 72,715 shares. The Florida-based State Board Of Administration Of Florida Retirement Systems has invested 0.01% in Western Alliance Bancorporation (NYSE:WAL). Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Investment invested 0.06% in Western Alliance Bancorporation (NYSE:WAL). Sit Associate stated it has 10,050 shares. Davis Prtn Limited Liability Com has invested 5.26% in Western Alliance Bancorporation (NYSE:WAL). Comml Bank Of Montreal Can holds 0% of its portfolio in Western Alliance Bancorporation (NYSE:WAL) for 8,955 shares. Castine Mngmt Ltd Liability Com stated it has 3.69% in Western Alliance Bancorporation (NYSE:WAL). Earnest Prtnrs Limited Liability Corporation has invested 0% of its portfolio in Western Alliance Bancorporation (NYSE:WAL). Trexquant Invest LP holds 0.06% in Western Alliance Bancorporation (NYSE:WAL) or 22,028 shares. First Interstate Financial Bank has invested 0.06% in Western Alliance Bancorporation (NYSE:WAL). Quebec – Canada-based Fiera Cap has invested 0.1% in Western Alliance Bancorporation (NYSE:WAL). Artemis Invest Llp accumulated 0.13% or 262,697 shares. 12,313 were accumulated by Proshare Advsr Limited Co.

Peavine Capital Management Llc, which manages about $210.00M and $234.53M US Long portfolio, upped its stake in Ishares Tr (IEF) by 25,950 shares to 749,878 shares, valued at $79.99M in 2019Q1, according to the filing.

Western Alliance Bancorporation (NYSE:WAL) Institutional Positions Chart

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