Atlanta Capital Group Has Upped Blackstone Group LP (BX) Stake By $322,080; 7 Analysts Are Bullish Stamps.com Inc. (STMP) Last Week

May 20, 2018 - By Moses P. Lee

The Blackstone Group L.P. (NYSE:BX) Logo

Among 9 analysts covering Stamps.com (NASDAQ:STMP), 7 have Buy rating, 1 Sell and 1 Hold. Therefore 78% are positive. Stamps.com had 32 analyst reports since August 7, 2015 according to SRatingsIntel. Northland Capital maintained Stamps.com Inc. (NASDAQ:STMP) rating on Friday, November 6. Northland Capital has “Outperform” rating and $100 target. Roth Capital maintained Stamps.com Inc. (NASDAQ:STMP) rating on Monday, October 23. Roth Capital has “Buy” rating and $203.0 target. Craig Hallum maintained the shares of STMP in report on Friday, May 4 with “Buy” rating. The company was maintained on Thursday, October 5 by B. Riley & Co. The rating was maintained by Singular Research on Monday, November 9 with “Buy”. The rating was maintained by Craig Hallum with “Buy” on Thursday, February 22. B Riley maintained the shares of STMP in report on Friday, August 7 with “Neutral” rating. On Thursday, February 22 the stock rating was maintained by Roth Capital with “Buy”. Singular Research maintained Stamps.com Inc. (NASDAQ:STMP) on Monday, February 27 with “Buy” rating. Craig Hallum maintained the stock with “Buy” rating in Monday, April 23 report. See Stamps.com Inc. (NASDAQ:STMP) latest ratings:

04/05/2018 Broker: Craig Hallum Rating: Buy New Target: $260.0000 Maintain
23/04/2018 Broker: Craig Hallum Rating: Buy New Target: $240.0000 Maintain
22/02/2018 Broker: Craig Hallum Rating: Buy New Target: $215.0 Maintain
22/02/2018 Broker: Roth Capital Rating: Buy New Target: $230.0 Maintain
22/02/2018 Broker: FBR Capital Rating: Buy New Target: $275.0 Maintain
22/02/2018 Broker: B. Riley & Co Old Rating: Buy New Rating: Buy Old Target: $250 New Target: $275 Maintain
09/02/2018 Broker: FBR Capital Rating: Buy New Target: $250.0 Maintain
01/12/2017 Broker: FBR Capital Rating: Buy New Target: $250.0 Maintain

Atlanta Capital Group increased Blackstone Group LP (BX) stake by 54.09% reported in 2017Q4 SEC filing. Atlanta Capital Group acquired 10,065 shares as Blackstone Group LP (BX)’s stock declined 3.02%. The Atlanta Capital Group holds 28,672 shares with $918,000 value, up from 18,607 last quarter. Blackstone Group LP now has $37.25 billion valuation. The stock decreased 0.51% or $0.16 during the last trading session, reaching $31.29. About 1.74M shares traded. The Blackstone Group L.P. (NYSE:BX) has risen 7.37% since May 20, 2017 and is uptrending. It has underperformed by 4.18% the S&P500.

Stamps.com Inc. provides Internet-based mailing and shipping solutions in the United States. The company has market cap of $4.45 billion. The firm offers mailing and shipping solutions to mail and ship various mail pieces and packages through the United States Postal Service under the Stamps.com and Endicia brands. It has a 30.28 P/E ratio. The Company’s solutions support various USPS mail classes, including First Class Mail, Priority Mail, Priority Mail Express, Media Mail, Parcel Select, and others.

More important recent Stamps.com Inc. (NASDAQ:STMP) news were published by: Seekingalpha.com which released: “Stamps.com: Growth Initiatives To Drive Stock Higher” on May 14, 2018, also Seekingalpha.com published article titled: “Stamps.com’s (STMP) CEO Ken McBride on Q1 2018 Results – Earnings Call Transcript”, Streetinsider.com published: “B.Riley/FBR Reiterates Buy on Stamps.com (STMP) Following Postal Forum” on May 09, 2018. More interesting news about Stamps.com Inc. (NASDAQ:STMP) was released by: Businesswire.com and their article: “Stamps.com First Quarter 2018 Financial Results Call Invitation” with publication date: April 25, 2018.

Since December 18, 2017, it had 0 insider purchases, and 20 selling transactions for $47.36 million activity. $1.88M worth of stock was sold by Lipson Matthew A. on Monday, April 16. Khechfe Amine sold $229,620 worth of stock or 1,200 shares. Buerba Sebastian sold $8.60M worth of Stamps.com Inc. (NASDAQ:STMP) on Tuesday, February 27. $8.47M worth of Stamps.com Inc. (NASDAQ:STMP) was sold by HUEBNER KYLE on Monday, March 5. On Wednesday, March 7 the insider MCBRIDE KENNETH THOMAS sold $6.87 million. Clem John Roland had sold 10,000 shares worth $2.40M on Friday, May 4. On Monday, February 26 the insider ANANDA MOHAN P sold $203,183.

The stock increased 0.08% or $0.2 during the last trading session, reaching $248. About 183,687 shares traded. Stamps.com Inc. (NASDAQ:STMP) has risen 69.91% since May 20, 2017 and is uptrending. It has outperformed by 58.36% the S&P500.

Investors sentiment increased to 1.21 in Q4 2017. Its up 0.20, from 1.01 in 2017Q3. It is positive, as 39 investors sold Stamps.com Inc. shares while 70 reduced holdings. 41 funds opened positions while 91 raised stakes. 16.37 million shares or 0.78% more from 16.25 million shares in 2017Q3 were reported. Renaissance Technologies Lc accumulated 30,500 shares or 0.01% of the stock. Ellington Group Inc Limited Liability accumulated 1,700 shares. Credit Suisse Ag invested in 16,969 shares. Morgan Stanley has invested 0.01% in Stamps.com Inc. (NASDAQ:STMP). 1,800 were reported by Piermont Capital. Maryland-based Brown Advisory has invested 0% in Stamps.com Inc. (NASDAQ:STMP). Parametric Portfolio Limited Company holds 73,958 shares. Disciplined Growth Investors Mn has invested 1.22% in Stamps.com Inc. (NASDAQ:STMP). Oz Management Limited Partnership reported 10,200 shares. Td Asset Mngmt owns 7,988 shares. Pitcairn Company has invested 0.04% in Stamps.com Inc. (NASDAQ:STMP). Globeflex Capital L P invested in 0.53% or 10,163 shares. First Manhattan Communications stated it has 0% of its portfolio in Stamps.com Inc. (NASDAQ:STMP). Citadel Limited Liability Company holds 0.01% in Stamps.com Inc. (NASDAQ:STMP) or 61,850 shares. Price T Rowe Assocs Md holds 233,014 shares.

Investors sentiment decreased to 1 in Q4 2017. Its down 0.24, from 1.24 in 2017Q3. It dropped, as 59 investors sold BX shares while 154 reduced holdings. 49 funds opened positions while 165 raised stakes. 298.48 million shares or 9.36% more from 272.94 million shares in 2017Q3 were reported. Beacon Cap Management Inc reported 27 shares or 0% of all its holdings. 58,386 are held by Timber Hill Limited Liability Co. 44,650 are owned by Leavell Inv Management. Janney Capital Limited Co owns 8,050 shares. Chesapeake Asset Limited Com stated it has 0.6% of its portfolio in The Blackstone Group L.P. (NYSE:BX). Van Cleef Asset Managementinc reported 18,000 shares or 0.14% of all its holdings. Jolley Asset Limited holds 0.01% or 300 shares in its portfolio. Dreman Value L L C invested 0.24% in The Blackstone Group L.P. (NYSE:BX). Aviance Capital Ptnrs Ltd Liability invested in 0.35% or 32,901 shares. San Francisco Sentry Inv (Ca) invested in 0.01% or 1,000 shares. 91,900 are owned by Bourgeon Limited Com. Pinebridge Investments Lp holds 39,910 shares or 0.03% of its portfolio. Evanston Investments Inc Dba Evanston Advisors reported 8,000 shares or 0.06% of all its holdings. Private Advisor Grp Lc reported 84,048 shares. Deutsche Bancorp Ag owns 9.51M shares for 0.2% of their portfolio.

Since December 13, 2017, it had 0 buys, and 5 sales for $18.59 million activity. $1.80 million worth of The Blackstone Group L.P. (NYSE:BX) was sold by HILL J TOMILSON. Another trade for 22,000 shares valued at $751,300 was sold by Finley John G.

Atlanta Capital Group decreased Visa Inc (NYSE:V) stake by 4,376 shares to 61,146 valued at $6.97 million in 2017Q4. It also reduced Rivernorth Doubleline Strate stake by 76,387 shares and now owns 63,501 shares. Automatic Data Processing In (NASDAQ:ADP) was reduced too.

Stamps.com Inc. (NASDAQ:STMP) Institutional Positions Chart

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