Stamps Com (STMP) Shareholder Capital Management Has Lowered Position by $1.22 Million; Algert Global Raised Its Universal Fst Prods (UFPI) Stake by $1.47 Million as Market Value Declined

January 23, 2018 - By Peter Erickson

Capital Management Corp decreased its stake in Stamps Com Inc (STMP) by 11.01% based on its latest 2017Q3 regulatory filing with the SEC. Capital Management Corp sold 6,023 shares as the company’s stock declined 8.10% while stock markets rallied. The institutional investor held 48,662 shares of the business services company at the end of 2017Q3, valued at $9.86M, down from 54,685 at the end of the previous reported quarter. Capital Management Corp who had been investing in Stamps Com Inc for a number of months, seems to be less bullish one the $3.46B market cap company. The stock increased 0.35% or $0.7 during the last trading session, reaching $197.95. About 229,013 shares traded. Stamps.com Inc. (NASDAQ:STMP) has risen 54.88% since January 23, 2017 and is uptrending. It has outperformed by 38.18% the S&P500.

Peter Algert increased its stake in Universal Fst Prods Inc (UFPI) by 81.13% based on its latest 2017Q3 regulatory filing with the SEC. Algert Global Llc bought 15,022 shares as the company’s stock declined 13.81% while stock markets rallied. The hedge fund run by Peter Algert held 33,539 shares of the basic industries company at the end of 2017Q3, valued at $3.29 million, up from 18,517 at the end of the previous reported quarter. Algert Global Llc who had been investing in Universal Fst Prods Inc for a number of months, seems to be bullish on the $2.33 billion market cap company. The stock decreased 0.83% or $0.32 during the last trading session, reaching $38.05. About 182,365 shares traded. Universal Forest Products, Inc. (NASDAQ:UFPI) has risen 12.86% since January 23, 2017 and is uptrending. It has underperformed by 3.84% the S&P500.

Since September 12, 2017, it had 0 buys, and 8 sales for $2.26 million activity. 20,000 shares were sold by MISSAD MATTHEW J, worth $743,880. GREENE CHARLES SCOTT sold 3,000 shares worth $114,165. WEBSTER PATRICK M sold $88,575 worth of stock. On Tuesday, October 31 COLEMAN ROBERT D sold $456,765 worth of Universal Forest Products, Inc. (NASDAQ:UFPI) or 4,100 shares.

Investors sentiment decreased to 1.09 in 2017 Q3. Its down 0.17, from 1.26 in 2017Q2. It turned negative, as 25 investors sold UFPI shares while 52 reduced holdings. 27 funds opened positions while 57 raised stakes. 16.27 million shares or 0.09% more from 16.25 million shares in 2017Q2 were reported. Victory Mgmt reported 159,822 shares stake. Pnc Fincl Gru Inc reported 0.03% in Universal Forest Products, Inc. (NASDAQ:UFPI). Verition Fund Mngmt Lc invested in 2,489 shares or 0.02% of the stock. Rothschild Asset invested in 122,960 shares. Millennium Ltd Llc accumulated 0.02% or 136,064 shares. Arizona State Retirement Sys holds 10,623 shares. Indexiq Advsr Lc stated it has 8,795 shares. Louisiana State Employees Retirement Sys reported 0.04% in Universal Forest Products, Inc. (NASDAQ:UFPI). Balyasny Asset Limited Com reported 0% of its portfolio in Universal Forest Products, Inc. (NASDAQ:UFPI). Canada Pension Plan Investment Board invested in 0% or 24,000 shares. Schwab Charles Invest Mgmt holds 0.01% of its portfolio in Universal Forest Products, Inc. (NASDAQ:UFPI) for 165,819 shares. Wells Fargo Mn invested in 64,920 shares or 0% of the stock. Alps Inc invested in 5,296 shares. 22 were reported by Tci Wealth Advsrs. Sector Pension Invest Board has 12,828 shares.

Among 2 analysts covering Universal Forest Products (NASDAQ:UFPI), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Universal Forest Products has $110.0 highest and $71.0 lowest target. $92.50’s average target is 143.10% above currents $38.05 stock price. Universal Forest Products had 6 analyst reports since October 16, 2015 according to SRatingsIntel. DA Davidson downgraded Universal Forest Products, Inc. (NASDAQ:UFPI) on Friday, October 16 to “Neutral” rating. DA Davidson upgraded Universal Forest Products, Inc. (NASDAQ:UFPI) on Thursday, October 20 to “Buy” rating. The company was upgraded on Tuesday, January 12 by DA Davidson. The stock has “Hold” rating by BMO Capital Markets on Tuesday, October 17. The firm earned “Underperform” rating on Tuesday, December 8 by DA Davidson.

Algert Global Llc, which manages about $1.01B and $437.35 million US Long portfolio, decreased its stake in Nn Inc (NASDAQ:NNBR) by 37,047 shares to 42,116 shares, valued at $1.22M in 2017Q3, according to the filing. It also reduced its holding in Autobytel Inc (NASDAQ:ABTL) by 133,317 shares in the quarter, leaving it with 51,529 shares, and cut its stake in Trueblue Inc (NYSE:TBI).

Investors sentiment is 1.01 in 2017 Q3. Its the same as in 2017Q2. It is the same, as 26 investors sold STMP shares while 92 reduced holdings. only 60 funds opened positions while 59 raised stakes. 16.25 million shares or 8.57% less from 17.77 million shares in 2017Q2 were reported. Oz LP owns 10,200 shares for 0.01% of their portfolio. Marble Harbor Investment Counsel Ltd Liability Co has invested 0.04% of its portfolio in Stamps.com Inc. (NASDAQ:STMP). Piermont Capital Mngmt Inc holds 0.08% of its portfolio in Stamps.com Inc. (NASDAQ:STMP) for 1,210 shares. Zacks Mgmt holds 0.01% or 2,927 shares in its portfolio. Paloma Prtn Mngmt Comm has 0.01% invested in Stamps.com Inc. (NASDAQ:STMP). 82,157 are owned by Citadel Advsr Ltd Liability Corporation. Zurcher Kantonalbank (Zurich Cantonalbank) owns 538 shares. Wells Fargo And Mn stated it has 25,704 shares. Jennison Ltd Liability Company holds 0% or 3,857 shares in its portfolio. Light Street Capital Mngmt Ltd Llc has 6.29% invested in Stamps.com Inc. (NASDAQ:STMP) for 380,000 shares. 140,407 are held by Whale Rock Mngmt. Voya Investment Mngmt Limited Com accumulated 13,597 shares or 0.01% of the stock. Us National Bank & Trust De has invested 0% in Stamps.com Inc. (NASDAQ:STMP). Advisory Svcs Limited Liability Corporation reported 230 shares or 0.01% of all its holdings. Whittier Tru Of Nevada holds 0% or 183 shares in its portfolio.

Among 9 analysts covering Stamps.com (NASDAQ:STMP), 7 have Buy rating, 1 Sell and 1 Hold. Therefore 78% are positive. Stamps.com had 25 analyst reports since August 7, 2015 according to SRatingsIntel. Prescience Point initiated the stock with “Sell” rating in Thursday, July 14 report. B. Riley & Co upgraded the shares of STMP in report on Friday, November 6 to “Buy” rating. FBR Capital maintained Stamps.com Inc. (NASDAQ:STMP) on Friday, December 1 with “Buy” rating. On Monday, October 19 the stock rating was initiated by Singular Research with “Buy”. Roth Capital maintained the stock with “Buy” rating in Sunday, October 29 report. Sidoti upgraded the stock to “Buy” rating in Tuesday, January 12 report. The stock of Stamps.com Inc. (NASDAQ:STMP) has “Buy” rating given on Monday, October 23 by Roth Capital. The firm earned “Buy” rating on Friday, July 28 by Roth Capital. The stock of Stamps.com Inc. (NASDAQ:STMP) earned “Buy” rating by B. Riley & Co on Thursday, October 5. The firm has “Neutral” rating given on Friday, August 7 by B Riley.

Since July 31, 2017, it had 0 buys, and 26 insider sales for $120.68 million activity. Biswas Michael John sold $15.06M worth of stock. Another trade for 59,583 shares valued at $13.41 million was made by Carberry Jeffrey on Monday, October 23. The insider Khechfe Amine sold 1,200 shares worth $178,860. Shares for $2.24M were sold by Lipson Matthew A.. Shares for $5.64 million were sold by JONES G BRADFORD. Another trade for 10,000 shares valued at $2.10M was sold by Clem John Roland.

Analysts await Stamps.com Inc. (NASDAQ:STMP) to report earnings on February, 22. They expect $2.14 earnings per share, down 13.71% or $0.34 from last year’s $2.48 per share. STMP’s profit will be $37.41M for 23.13 P/E if the $2.14 EPS becomes a reality. After $2.57 actual earnings per share reported by Stamps.com Inc. for the previous quarter, Wall Street now forecasts -16.73% negative EPS growth.

Capital Management Corp, which manages about $401.58 million and $350.14 million US Long portfolio, upped its stake in Delta Air Lines Inc Del (NYSE:DAL) by 107,425 shares to 236,210 shares, valued at $11.39 million in 2017Q3, according to the filing. It also increased its holding in American Airls Group Inc (NASDAQ:AAL) by 9,145 shares in the quarter, for a total of 79,273 shares, and has risen its stake in Lamar Advertising Co New (NASDAQ:LAMR).

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