Stratos Wealth Partners LTD Boosted Pitney Bowes (PBI) Stake; KARO PHARMA AKTIEBOLAG ORDINARY SHARES (KARBF) Shorts Raised By 123.69%

May 20, 2018 - By Hazel Jackson

Pitney Bowes Inc. (NYSE:PBI) Logo

KARO PHARMA AKTIEBOLAG ORDINARY SHARES (OTCMKTS:KARBF) had an increase of 123.69% in short interest. KARBF’s SI was 157,700 shares in May as released by FINRA. Its up 123.69% from 70,500 shares previously. The stock increased 12.79% or $0.45 during the last trading session, reaching $4. It is down 0.00% since May 20, 2017 and is . It has underperformed by 11.55% the S&P500.

Stratos Wealth Partners Ltd increased Pitney Bowes Inc (PBI) stake by 158.27% reported in 2017Q4 SEC filing. Stratos Wealth Partners Ltd acquired 283,187 shares as Pitney Bowes Inc (PBI)’s stock declined 3.70%. The Stratos Wealth Partners Ltd holds 462,113 shares with $5.17 million value, up from 178,926 last quarter. Pitney Bowes Inc now has $1.71B valuation. The stock decreased 0.54% or $0.05 during the last trading session, reaching $9.14. About 1.98M shares traded. Pitney Bowes Inc. (NYSE:PBI) has declined 12.71% since May 20, 2017 and is downtrending. It has underperformed by 24.26% the S&P500.

Investors sentiment increased to 1.17 in 2017 Q4. Its up 0.15, from 1.02 in 2017Q3. It improved, as 37 investors sold PBI shares while 85 reduced holdings. 57 funds opened positions while 86 raised stakes. 137.03 million shares or 0.71% more from 136.06 million shares in 2017Q3 were reported. Wells Fargo Communications Mn accumulated 693,590 shares or 0% of the stock. Goldman Sachs Grp Inc Inc invested in 0.01% or 1.95 million shares. Gotham Asset Mgmt Llc reported 102,523 shares. Arizona State Retirement System invested in 134,403 shares or 0.01% of the stock. Kornitzer Capital Management Inc Ks has 1.60 million shares for 0.3% of their portfolio. 307,106 were accumulated by State Board Of Administration Of Florida Retirement. Lsv Asset Mngmt owns 5.05M shares. State Of Alaska Department Of Revenue accumulated 0% or 10,800 shares. California State Teachers Retirement System has 0.01% invested in Pitney Bowes Inc. (NYSE:PBI). Susquehanna Int Grp Incorporated Llp holds 0% or 474,660 shares in its portfolio. Td Asset Mgmt Inc owns 148,840 shares or 0% of their US portfolio. Tocqueville Asset Management Ltd Partnership owns 61,800 shares for 0.01% of their portfolio. Weaver C Barksdale Assocs holds 0.02% or 1,725 shares. Tci Wealth Advisors accumulated 224 shares or 0% of the stock. National Ins Tx reported 20,000 shares stake.

Stratos Wealth Partners Ltd decreased Powershares Qqq Trust (QQQ) stake by 16,162 shares to 135,978 valued at $21.18M in 2017Q4. It also reduced Ishares Tr (IYR) stake by 3,934 shares and now owns 1,464 shares. Spdr Ser Tr (FLRN) was reduced too.

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 earned “Hold” rating on Friday, July 28 by Loop Capital Markets. The rating was downgraded by Sidoti to “Neutral” on Monday, May 15. Zacks upgraded the shares of PBI in report on Tuesday, September 1 to “Sell” rating. Loop Capital maintained it with “Hold” rating and $12 target in Thursday, November 2 report. The company was maintained on Thursday, September 17 by Brean Capital. The firm has “Sell” rating given on Monday, September 7 by Zacks. The stock has “Buy” rating by Sidoti on Wednesday, August 2.

More news for Pitney Bowes Inc. (NYSE:PBI) were recently published by: Seekingalpha.com, which released: “More on Pitney Bowes’ Q1 beat” on May 02, 2018. Seekingalpha.com‘s article titled: “Pitney Bowes: Deep Value And High Yield” and published on May 04, 2018 is yet another important article.

Since May 8, 2018, it had 2 insider buys, and 0 insider sales for $188,322 activity. $88,200 worth of Pitney Bowes Inc. (NYSE:PBI) was bought by SUTULA STANLEY J III on Tuesday, May 8. $100,122 worth of Pitney Bowes Inc. (NYSE:PBI) was bought by Lautenbach Marc Bradley.

Pitney Bowes Inc. (NYSE:PBI) Institutional Positions Chart

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