Barclays Plc Lowered Stamps Com (STMP) Position By $870,618; 2 Bullish Analysts Covering Garmin Ltd. (GRMN)

June 19, 2017 - By Winifred Garcia

Among 13 analysts covering Garmin Ltd. (NASDAQ:GRMN), 2 have Buy rating, 4 Sell and 7 Hold. Therefore 15% are positive. Garmin Ltd. had 23 analyst reports since July 30, 2015 according to SRatingsIntel. The rating was initiated by Sterne Agee CRT on Tuesday, September 29 with “Neutral”. The stock of Garmin Ltd. (NASDAQ:GRMN) earned “Outperform” rating by RBC Capital Markets on Thursday, July 30. The stock of Garmin Ltd. (NASDAQ:GRMN) has “Underperform” rating given on Monday, January 18 by Credit Suisse. The stock of Garmin Ltd. (NASDAQ:GRMN) has “Underperform” rating given on Thursday, February 18 by Credit Suisse. The stock has “Underweight” rating by JP Morgan on Thursday, July 30. The stock of Garmin Ltd. (NASDAQ:GRMN) has “Underweight” rating given on Thursday, February 18 by JP Morgan. Goldman Sachs downgraded Garmin Ltd. (NASDAQ:GRMN) on Wednesday, August 24 to “Sell” rating. DA Davidson maintained Garmin Ltd. (NASDAQ:GRMN) on Friday, September 11 with “Neutral” rating. The firm has “Neutral” rating by JP Morgan given on Monday, October 19. The company was downgraded on Monday, August 22 by Raymond James. See Garmin Ltd. (NASDAQ:GRMN) latest ratings:

02/05/2017 Broker: Tigress Financial Rating: Buy Initiates Coverage On

Barclays Plc decreased Stamps Com Inc (STMP) stake by 50.71% reported in 2016Q4 SEC filing. Barclays Plc sold 7,637 shares as Stamps Com Inc (STMP)’s stock declined 8.10%. The Barclays Plc holds 7,424 shares with $851,000 value, down from 15,061 last quarter. Stamps Com Inc now has $2.60B valuation. The stock rose 2.31% or $3.4 reaching $150.5. About 349,326 shares traded. Stamps.com Inc. (NASDAQ:STMP) has risen 54.88% since June 19, 2016 and is uptrending. It has outperformed by 38.18% the S&P500.

Barclays Plc increased Proshares Tr (Put) (UWM) stake by 21,800 shares to 24,500 valued at $2.73M in 2016Q4. It also upped Xl Group Ltd stake by 45,002 shares and now owns 228,139 shares. Manulife Finl Corp (NYSE:MFC) was raised too.

Among 7 analysts covering Stamps.com (NASDAQ:STMP), 5 have Buy rating, 1 Sell and 1 Hold. Therefore 71% are positive. Stamps.com had 14 analyst reports since August 7, 2015 according to SRatingsIntel. As per Monday, February 27, the company rating was maintained by Singular Research. As per Friday, November 6, the company rating was maintained by Northland Capital. The rating was downgraded by Sidoti on Monday, November 9 to “Neutral”. B Riley maintained Stamps.com Inc. (NASDAQ:STMP) on Friday, August 7 with “Neutral” rating. B. Riley & Co upgraded the stock to “Buy” rating in Friday, November 6 report. Sidoti upgraded the shares of STMP in report on Tuesday, January 12 to “Buy” rating. The firm has “Sell” rating given on Thursday, July 14 by Prescience Point. The company was initiated on Monday, October 19 by Singular Research. The stock of Stamps.com Inc. (NASDAQ:STMP) earned “Buy” rating by Singular Research on Monday, November 9.

Since December 23, 2016, it had 0 buys, and 21 selling transactions for $45.52 million activity. BORTNAK JAMES also sold $526,553 worth of Stamps.com Inc. (NASDAQ:STMP) on Wednesday, May 24. Shares for $165,420 were sold by Khechfe Amine. Clem John Roland also sold $888,480 worth of Stamps.com Inc. (NASDAQ:STMP) shares. WEISBERG SETH sold $618,853 worth of Stamps.com Inc. (NASDAQ:STMP) on Wednesday, March 1. MILLER LLOYD I III also sold $774 worth of Stamps.com Inc. (NASDAQ:STMP) on Friday, February 10. HUEBNER KYLE sold $1.31M worth of stock or 10,000 shares. MCBRIDE KENNETH THOMAS had sold 5,000 shares worth $658,820.

Analysts await Stamps.com Inc. (NASDAQ:STMP) to report earnings on July, 27. They expect $1.16 EPS, down 21.62% or $0.32 from last year’s $1.48 per share. STMP’s profit will be $20.04M for 32.44 P/E if the $1.16 EPS becomes a reality. After $1.20 actual EPS reported by Stamps.com Inc. for the previous quarter, Wall Street now forecasts -3.33% negative EPS growth.

Investors sentiment decreased to 0.93 in 2016 Q4. Its down 0.33, from 1.26 in 2016Q3. It dropped, as 30 investors sold STMP shares while 79 reduced holdings. 34 funds opened positions while 67 raised stakes. 17.41 million shares or 4.59% less from 18.25 million shares in 2016Q3 were reported. State Of New Jersey Common Pension Fund D reported 0.05% of its portfolio in Stamps.com Inc. (NASDAQ:STMP). Morgan Stanley invested in 64,659 shares. Bb&T Corporation holds 0.01% or 3,020 shares in its portfolio. 2.56M were accumulated by Fmr Limited Liability Co. Great West Life Assurance Can holds 0.01% or 20,782 shares in its portfolio. Illinois-based Hightower Lc has invested 0% in Stamps.com Inc. (NASDAQ:STMP). Hancock Company invested in 9,409 shares or 0.04% of the stock. State Board Of Administration Of Florida Retirement Sys accumulated 8,921 shares. Geode Mngmt Llc owns 0.01% invested in Stamps.com Inc. (NASDAQ:STMP) for 123,219 shares. Sector Pension Inv Board holds 0.01% in Stamps.com Inc. (NASDAQ:STMP) or 11,188 shares. P2 Cap Ltd Liability Corp has 8.9% invested in Stamps.com Inc. (NASDAQ:STMP) for 591,175 shares. Columbus Circle Investors holds 320,340 shares. Thompson Davis & has 0.05% invested in Stamps.com Inc. (NASDAQ:STMP) for 250 shares. Tiaa Cref Investment Ltd Limited Liability Company reported 0.01% in Stamps.com Inc. (NASDAQ:STMP). Jane Street Gru has invested 0% in Stamps.com Inc. (NASDAQ:STMP).

About 452,203 shares traded. Garmin Ltd. (NASDAQ:GRMN) has risen 28.63% since June 19, 2016 and is uptrending. It has outperformed by 11.93% the S&P500.

Investors sentiment increased to 1.35 in Q4 2016. Its up 0.19, from 1.16 in 2016Q3. It is positive, as 36 investors sold Garmin Ltd. shares while 98 reduced holdings. 59 funds opened positions while 122 raised stakes. 73.17 million shares or 3.36% more from 70.79 million shares in 2016Q3 were reported. Century Companies Inc holds 0.02% or 382,398 shares in its portfolio. House Limited Co holds 18,775 shares or 0.14% of its portfolio. Thompson Davis And owns 539 shares. 758,102 are owned by Alps Advsrs Inc. Timber Hill Ltd Liability Corporation reported 0% in Garmin Ltd. (NASDAQ:GRMN). Capstone Asset Mgmt Co owns 17,094 shares or 0.02% of their US portfolio. Commonwealth State Bank Of has invested 0.01% in Garmin Ltd. (NASDAQ:GRMN). Aviva Public reported 71,194 shares. Nevada-based Whittier Trust Com Of Nevada has invested 0% in Garmin Ltd. (NASDAQ:GRMN). Moreover, Valicenti Advisory Services has 2.82% invested in Garmin Ltd. (NASDAQ:GRMN) for 93,343 shares. California Pub Employees Retirement Systems holds 0.03% or 381,600 shares in its portfolio. Retirement Of Alabama accumulated 0.02% or 56,078 shares. Diversified Strategies Llc holds 1.8% in Garmin Ltd. (NASDAQ:GRMN) or 35,381 shares. Deutsche Savings Bank Ag invested in 661,026 shares. Adage Cap Prns Group Limited Liability Corp has invested 0.02% in Garmin Ltd. (NASDAQ:GRMN).

Garmin Ltd. and subsidiaries offer global positioning system (GPS) navigation and wireless devices and applications. The company has market cap of $9.67 billion. The Firm operates through five divisions. It has a 14.83 P/E ratio. It offers a range of auto navigation products, as well as a range of products and applications designed for the mobile GPS market.

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