Healthcare Pension Fund Boosts Amazon Stake Amid Bullish Earnings
The Healthcare of Ontario Pension Plan Trust Fund has increased its stake in Amazon.com, Inc. by buying an additional 48,857 shares in the first quarter.
This represents a 3.1% increase in their position, with the fund now owning 1,635,609 shares worth $340,648,000 as of the end of the quarter.
Average analysts' forecasts predict that Amazon will post earnings per share (EPS) of 8.05 for the current year.