Economy

Brokerages Set Pitney Bowes Inc

Brokerages Set Pitney Bowes Inc

That puts the market capitalization at $2.49 bln. It accepts various checking accounts and savings deposit products, certificates of deposit, and individual retirement accounts. It operates through three divisions: Real Estate Lending, Real Estate Investing and Servicing, and Real Estate Property.

A number of brokerages have weighed in on PBI. Ifrah Financial Services Inc. raised its stake in shares of Pitney Bowes by 1.3% in the 2nd quarter. The Adage Capital Partners Gp Llc holds 1.25M shares with $66.42M value, up from 1.21M last quarter. Pitney Bowes Inc now has $2.20 billion valuation. Pitney Bowes Inc. (NYSE:PBI) earnings have declined with a quarterly rate of -3.8% over the last 5 years. It has underperformed by 32.15% the S&P500. Therefore 40% are positive. According to today's trading volume Pitney Bowes Inc.is ABOVE its 20-Day Avg. volume with the stock showing ABOVE Abnormal volume in the past 150 days. Pitney Bowes's dividend payout ratio (DPR) is presently 156.25%.

Pitney held preliminary talks last month with those parties, and CEO Marc Lautenbach is open to an outright sale or breakup of the company, the report said. Principal Financial Group Inc. grew its position in shares of Pitney Bowes by 3.3% in the second quarter. (NYSE:PBI) rating on Thursday, November 2. The firm earned "Buy" rating on Monday, September 18 by Stifel Nicolaus. The firm has "Buy" rating by Sidoti given on Wednesday, August 2. Finally, Brean Capital reissued a "buy" rating and set a $20.00 price target (down from $24.00) on shares of Pitney Bowes in a research note on Wednesday, November 2nd. One research analyst has rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the stock.

A stock rating usually tells investors how well a stock's market value relates to what analysts think is a fair value for the stock, based on an independent evaluation of the company. PBI's SI was 5.56M shares in January as released by FINRA. It also reduced Blackrock Energy & Res Tr (BGR) stake by 55,093 shares and now owns 92,198 shares. Alibaba Group Hldg Ltd (NYSE:BABA) was reduced too.

Investors sentiment increased to 1.02 in 2017 Q3. Its up 0.04, from 1.05 in 2017Q2. 38 funds opened positions while 82 raised stakes. 136.06 million shares or 2.96% less from 140.22 million shares in 2017Q2 were reported. Group Incorporated has 0.02% invested in Pitney Bowes Inc. (NYSE:PBI) or 60,951 shares. Oppenheimer & Communications holds 12,142 shares or 0.01% of its portfolio. About 607,013 shares traded. Cornerstone Mngmt Liability has invested 0.1% in Pitney Bowes Inc.

More news: Extended Stay America, Inc. (NYSE:STAY) - Investor's Alert (PEG in Focus)

Pitney Bowes Inc is a global technology company. (NYSE:PBI) for 1.26M shares. Russell Investments Group Ltd. now owns 59,138 shares of the technology company's stock valued at $895,000 after purchasing an additional 12,566 shares in the last quarter. Dekabank Deutsche Girozentrale invested in 0% or 6,300 shares.

When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. (NYSE:PBI) for 160,328 shares. Palisade Capital Management Limited Co Nj reported 61,460 shares. Harvest Strategies Lc reported 1.24% in Post Holdings, Inc. Kennedy Capital Mgmt holds 0.06% or 250,262 shares.

Ratings analysis reveals 33% of Fulton Fincl's analysts are positive.

According to the Recommendation Trends of the stock polled by Finviz, the company has a consensus recommendation of 2.2 out of the scale from 1 to 5 where 1 stands for Buy and 5 means Sell. The firm has "Buy" rating given on Monday, November 6 by FBR Capital. Public Employees Retirement Association Of Colorado reported 0% in Pitney Bowes Inc. The average 12 month price objective among brokerages that have covered the stock in the previous year is $14.50. PBI's profit would be $67.24M giving it 7.98 P/E if the $0.36 EPS is correct. Comparatively, PBI posted earnings of $0.44 per share in the same quarter, a year earlier. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $14.50. About 112,339 shares traded. Premier, Inc. (NASDAQ:PINC) has risen 13.15% since January 12, 2017 and is uptrending. It has outperformed by 22.60% the S&P500. Wells Fargo Comm Mn stated it has 1.67 million shares or 0.01% of all its holdings. This may include studying the balance sheet, profit and loss statements, and the overall competency of company management. The stock witnessed 22.46% gains, -4.16% declines and -13.13% declines for the 1-month, 3-month and 6-month period, respectively.


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