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Sigma Planning Has Lowered Its Pitney Bowes (PBI) Holding; Hawk Ridge Management Lifted Extended Stay Amer (STAY) Position By $2.00 Million

Sigma Planning Corp decreased Pitney Bowes Inc (PBI) stake by 47.83% reported in 2017Q2 SEC filing. Sigma Planning Corp sold 34,997 shares as Pitney Bowes Inc (PBI)’s stock rose 11.95%. The Sigma Planning Corp holds 38,167 shares with $576,000 value, down from 73,164 last quarter. Pitney Bowes Inc now has $2.04 billion valuation. The stock increased 1.96% or $0.21 during the last trading session, reaching $10.93. About 961,712 shares traded. Pitney Bowes Inc. (NYSE:PBI) has declined 15.45% since December 11, 2016 and is downtrending. It has underperformed by 32.15% the S&P500.

Hawk Ridge Management Llc increased Extended Stay Amer Inc (STAY) stake by 24.55% reported in 2017Q2 SEC filing. Hawk Ridge Management Llc acquired 105,000 shares as Extended Stay Amer Inc (STAY)’s stock rose 2.18%. The Hawk Ridge Management Llc holds 532,783 shares with $10.32 million value, up from 427,783 last quarter. Extended Stay Amer Inc now has $3.30 billion valuation. The stock increased 1.54% or $0.26 during the last trading session, reaching $17.18. About 589,455 shares traded. Extended Stay America, Inc. (NYSE:STAY) has risen 30.00% since December 11, 2016 and is uptrending. It has outperformed by 13.30% the S&P500.

Sigma Planning Corp increased Eaton Corp Plc (NYSE:ETN) stake by 9,021 shares to 40,759 valued at $3.17M in 2017Q2. It also upped Ishares Tr (SCZ) stake by 5,616 shares and now owns 48,040 shares. First Tr Exchange Traded Fd was raised too.

Investors sentiment increased to 1.02 in 2017 Q2. Its up 0.13, from 0.89 in 2017Q1. It is positive, as 43 investors sold PBI shares while 109 reduced holdings. 49 funds opened positions while 87 raised stakes. 140.22 million shares or 1.45% less from 142.28 million shares in 2017Q1 were reported. M&T Natl Bank has invested 0% in Pitney Bowes Inc. (NYSE:PBI). Hall Laurie J Trustee has 4,000 shares. Jpmorgan Chase & stated it has 608,820 shares or 0% of all its holdings. Pacad Investment owns 15,300 shares. Paloma Mgmt reported 151,780 shares stake. Millennium Mgmt Ltd Liability Corp holds 0.01% or 509,522 shares. Moreover, Old Mutual Customised Solutions (Proprietary) Ltd has 0.01% invested in Pitney Bowes Inc. (NYSE:PBI) for 6,200 shares. 293,699 are held by Stoneridge Investment Partners Lc. World Asset Management invested in 0.01% or 13,621 shares. Carl Domino has invested 0.99% in Pitney Bowes Inc. (NYSE:PBI). Retail Bank Of America Corporation De reported 644,955 shares stake. Meyer Handelman Company reported 62,300 shares. Breton Hill Limited owns 581,284 shares. Moreover, Toronto Dominion Bank & Trust has 0% invested in Pitney Bowes Inc. (NYSE:PBI). Berson Corrado Investment Advisors Ltd Com stated it has 240,029 shares or 1.99% of all its holdings.

Analysts await Pitney Bowes Inc. (NYSE:PBI) to report earnings on February, 7. They expect $0.36 EPS, down 32.08% or $0.17 from last year’s $0.53 per share. PBI’s profit will be $67.22M for 7.59 P/E if the $0.36 EPS becomes a reality. After $0.33 actual EPS reported by Pitney Bowes Inc. for the previous quarter, Wall Street now forecasts 9.09% EPS growth.

Among 5 analysts covering Pitney Bowes (NYSE:PBI), 2 have Buy rating, 1 Sell and 2 Hold. Therefore 40% are positive. Pitney Bowes had 7 analyst reports since September 1, 2015 according to SRatingsIntel. The firm has “Buy” rating by Sidoti given on Wednesday, August 2. The rating was initiated by Loop Capital Markets with “Hold” on Friday, July 28. Brean Capital maintained the stock with “Buy” rating in Thursday, September 17 report. The stock of Pitney Bowes Inc. (NYSE:PBI) earned “Hold” rating by Loop Capital on Thursday, November 2. Sidoti downgraded the stock to “Neutral” rating in Monday, May 15 report. The stock of Pitney Bowes Inc. (NYSE:PBI) has “Sell” rating given on Monday, September 7 by Zacks. The stock of Pitney Bowes Inc. (NYSE:PBI) has “Sell” rating given on Tuesday, September 1 by Zacks.

Hawk Ridge Management Llc decreased Bancorp Inc Del (NASDAQ:TBBK) stake by 715,381 shares to 229,545 valued at $1.74M in 2017Q2. It also reduced Sodastream International Ltd (NASDAQ:SODA) stake by 58,598 shares and now owns 7,598 shares. Aarons Inc (NYSE:AAN) was reduced too.

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