Barton Investment Management Raised Air Lease (AL) Stake by $760,200; Ashford Capital Management Has Lowered Stamps.Com (STMP) Stake by $8.57 Million as Share Price Declined

February 17, 2018 - By Peter Erickson

Barton Investment Management increased its stake in Air Lease Corp (AL) by 3.95% based on its latest 2017Q3 regulatory filing with the SEC. Barton Investment Management bought 18,100 shares as the company’s stock declined 4.16% while stock markets rallied. The institutional investor held 476,115 shares of the diversified commercial services company at the end of 2017Q3, valued at $20.29 million, up from 458,015 at the end of the previous reported quarter. Barton Investment Management who had been investing in Air Lease Corp for a number of months, seems to be bullish on the $4.76B market cap company. The stock increased 0.41% or $0.19 during the last trading session, reaching $46.06. About 444,195 shares traded. Air Lease Corporation (NYSE:AL) has risen 29.12% since February 17, 2017 and is uptrending. It has outperformed by 12.42% the S&P500.

Ashford Capital Management Inc decreased its stake in Stamps.Com Inc. (STMP) by 40.76% based on its latest 2017Q3 regulatory filing with the SEC. Ashford Capital Management Inc sold 42,450 shares as the company’s stock declined 8.10% while stock markets rallied. The hedge fund held 61,705 shares of the business services company at the end of 2017Q3, valued at $12.51M, down from 104,155 at the end of the previous reported quarter. Ashford Capital Management Inc who had been investing in Stamps.Com Inc. for a number of months, seems to be less bullish one the $3.26 billion market cap company. The stock decreased 0.53% or $1 during the last trading session, reaching $186.65. About 310,785 shares traded. Stamps.com Inc. (NASDAQ:STMP) has risen 54.88% since February 17, 2017 and is uptrending. It has outperformed by 38.18% the S&P500.

Since August 24, 2017, it had 0 insider buys, and 23 insider sales for $101.82 million activity. The insider MILLER LLOYD I III sold $1.76 million. Buerba Sebastian also sold $4.60M worth of Stamps.com Inc. (NASDAQ:STMP) on Tuesday, October 24. Clem John Roland sold 9,200 shares worth $2.04M. 37,500 shares valued at $7.89 million were sold by Biswas Michael John on Wednesday, September 20. Lipson Matthew A. sold $2.24 million worth of stock. On Monday, October 23 Carberry Jeffrey sold $13.41 million worth of Stamps.com Inc. (NASDAQ:STMP) or 59,583 shares.

Ashford Capital Management Inc, which manages about $593.71 million and $621.21 million US Long portfolio, upped its stake in Ishares Msci Eafe Index Fund (EFA) by 6,500 shares to 109,421 shares, valued at $7.49 million in 2017Q3, according to the filing. It also increased its holding in Cavco Industries Inc. (NASDAQ:CVCO) by 5,154 shares in the quarter, for a total of 105,554 shares, and has risen its stake in State National Companies Inc. (NASDAQ:SNC).

Among 9 analysts covering Stamps.com (NASDAQ:STMP), 7 have Buy rating, 1 Sell and 1 Hold. Therefore 78% are positive. Stamps.com had 26 analyst reports since August 7, 2015 according to SRatingsIntel. The rating was maintained by FBR Capital on Friday, December 1 with “Buy”. The stock of Stamps.com Inc. (NASDAQ:STMP) earned “Buy” rating by B. Riley & Co on Friday, November 6. The stock of Stamps.com Inc. (NASDAQ:STMP) has “Buy” rating given on Friday, August 25 by Craig Hallum. The stock of Stamps.com Inc. (NASDAQ:STMP) earned “Outperform” rating by Northland Capital on Friday, November 6. FBR Capital maintained the shares of STMP in report on Friday, February 9 with “Buy” rating. The company was maintained on Thursday, August 3 by Craig Hallum. The firm has “Buy” rating by Roth Capital given on Friday, July 28. The stock of Stamps.com Inc. (NASDAQ:STMP) earned “Buy” rating by Singular Research on Monday, February 27. The rating was maintained by Singular Research with “Buy” on Monday, November 9. B. Riley & Co maintained Stamps.com Inc. (NASDAQ:STMP) rating on Thursday, October 5. B. Riley & Co has “Buy” rating and $250.0 target.

Investors sentiment is 1.01 in 2017 Q3. Its the same as in 2017Q2. It is without change, 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. Envestnet Asset holds 0% of its portfolio in Stamps.com Inc. (NASDAQ:STMP) for 1,463 shares. Axa has invested 0.03% of its portfolio in Stamps.com Inc. (NASDAQ:STMP). Tudor Invest Corporation Et Al has 8,264 shares. State Of Tennessee Treasury Department reported 173,712 shares. Redmond Asset Mngmt Lc holds 0.38% of its portfolio in Stamps.com Inc. (NASDAQ:STMP) for 4,092 shares. Gemmer Asset Mgmt Lc holds 33 shares or 0% of its portfolio. Ct Mason invested in 20,033 shares. James Investment Rech, Ohio-based fund reported 7,800 shares. Glenmede Na holds 88,370 shares or 0.08% of its portfolio. Creative Planning reported 1,204 shares. Sg Americas Secs Ltd Company stated it has 0.01% in Stamps.com Inc. (NASDAQ:STMP). Commercial Bank Of New York Mellon holds 0.01% or 232,796 shares. Wells Fargo And Mn holds 25,704 shares or 0% of its portfolio. Profund Advsrs Limited Liability Com holds 0.01% in Stamps.com Inc. (NASDAQ:STMP) or 1,528 shares. Louisiana State Employees Retirement invested in 6,400 shares.

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 $37.40 million for 21.80 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.

Among 13 analysts covering Air Lease (NYSE:AL), 9 have Buy rating, 1 Sell and 3 Hold. Therefore 69% are positive. Air Lease had 40 analyst reports since August 7, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Tuesday, January 2 by Stephens. DA Davidson initiated it with “Buy” rating and $50 target in Friday, August 21 report. Deutsche Bank maintained the shares of AL in report on Friday, August 7 with “Buy” rating. The stock of Air Lease Corporation (NYSE:AL) has “Buy” rating given on Thursday, September 21 by RBC Capital Markets. On Thursday, November 2 the stock rating was maintained by RBC Capital Markets with “Buy”. The rating was reinitiated by FBR Capital on Tuesday, October 13 with “Outperform”. As per Friday, August 4, the company rating was maintained by Cowen & Co. The firm earned “Outperform” rating on Friday, August 5 by FBR Capital. Credit Suisse maintained Air Lease Corporation (NYSE:AL) rating on Monday, December 28. Credit Suisse has “Outperform” rating and $45 target. RBC Capital Markets maintained Air Lease Corporation (NYSE:AL) on Friday, September 29 with “Top Pick” rating.

Investors sentiment increased to 1.16 in 2017 Q3. Its up 0.01, from 1.15 in 2017Q2. It improved, as 21 investors sold AL shares while 74 reduced holdings. 33 funds opened positions while 77 raised stakes. 90.80 million shares or 0.12% more from 90.69 million shares in 2017Q2 were reported. Arrowgrass (Us) Ltd Partnership reported 198,482 shares. Oppenheimer Commerce Inc stated it has 130,021 shares or 0.15% of all its holdings. Federated Incorporated Pa reported 1.94 million shares. Aperio Ltd Company accumulated 72,837 shares. 78,176 are held by Icon Advisers. Laurel Grove Capital Ltd Liability Corp stated it has 0.27% of its portfolio in Air Lease Corporation (NYSE:AL). Bar Harbor Tru Services reported 3.18% in Air Lease Corporation (NYSE:AL). Aldebaran, a Tennessee-based fund reported 54,525 shares. 61 were accumulated by Parallax Volatility Advisers Lp. Fmr Lc has 5.28M shares for 0.03% of their portfolio. Wellington Shields Cap Management Ltd holds 0.04% or 6,500 shares. Vanguard Group invested 0.02% in Air Lease Corporation (NYSE:AL). Sei Investments owns 10,996 shares. Renaissance has invested 0% in Air Lease Corporation (NYSE:AL). Mufg Americas Hldgs reported 740 shares.

Since August 23, 2017, it had 0 insider purchases, and 7 sales for $3.64 million activity. $89,980 worth of Air Lease Corporation (NYSE:AL) was sold by Korde Kishore. The insider Baer Marc H sold $300,346. Khatibi Alex A had sold 11,000 shares worth $440,000.

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