As Stamps Com (STMP) Market Valuation Rose, Holder Newbrook Capital Advisors LP Cut by $426,360 Its Position; Diligent Investors Has Lowered Its Pacific Premier Bancorp (PPBI) Position as Valuation Declined

May 24, 2018 - By Darrin Black

Stamps.com Inc. (NASDAQ:STMP) Logo

Diligent Investors Llc decreased its stake in Pacific Premier Bancorp (PPBI) by 26.91% based on its latest 2017Q4 regulatory filing with the SEC. Diligent Investors Llc sold 84,012 shares as the company’s stock declined 0.74% with the market. The institutional investor held 228,168 shares of the major banks company at the end of 2017Q4, valued at $9.13M, down from 312,180 at the end of the previous reported quarter. Diligent Investors Llc who had been investing in Pacific Premier Bancorp for a number of months, seems to be less bullish one the $1.93B market cap company. The stock decreased 1.95% or $0.825 during the last trading session, reaching $41.425. About 206,726 shares traded. Pacific Premier Bancorp, Inc. (NASDAQ:PPBI) has risen 10.32% since May 24, 2017 and is uptrending. It has underperformed by 1.23% the S&P500.

Robert Boucai decreased its stake in Stamps Com Inc (STMP) by 1.21% based on its latest 2017Q4 regulatory filing with the SEC. Newbrook Capital Advisors Lp sold 2,280 shares as the company’s stock rose 7.45% while stock markets declined. The hedge fund run by Robert Boucai held 186,453 shares of the business services company at the end of 2017Q4, valued at $35.05 million, down from 188,733 at the end of the previous reported quarter. Newbrook Capital Advisors Lp who had been investing in Stamps Com Inc for a number of months, seems to be less bullish one the $4.44B market cap company. The stock decreased 0.26% or $0.65 during the last trading session, reaching $247.5. About 132,478 shares traded. Stamps.com Inc. (NASDAQ:STMP) has risen 69.91% since May 24, 2017 and is uptrending. It has outperformed by 58.36% the S&P500.

More recent Pacific Premier Bancorp, Inc. (NASDAQ:PPBI) news were published by: Nasdaq.com which released: “Report: Developing Opportunities within Pacific Premier, EnLink Midstream, CENTENNIAL RES, Navistar International …” on May 16, 2018. Also Seekingalpha.com published the news titled: “Pacific Premier Bancorp’s (PPBI) CEO Steven Gardner on Q1 2018 Results – Earnings Call Transcript” on May 01, 2018. Businesswire.com‘s news article titled: “Pacific Premier Bancorp Announces Receipt of Stockholder Approval for Issuance of Shares in Connection with …” with publication date: May 22, 2018 was also an interesting one.

Among 8 analysts covering Pacific Premier Bancorp (NASDAQ:PPBI), 5 have Buy rating, 0 Sell and 3 Hold. Therefore 63% are positive. Pacific Premier Bancorp had 21 analyst reports since September 28, 2015 according to SRatingsIntel. The rating was maintained by Piper Jaffray with “Buy” on Friday, August 18. The company was initiated on Monday, September 28 by Piper Jaffray. The stock of Pacific Premier Bancorp, Inc. (NASDAQ:PPBI) has “Outperform” rating given on Thursday, July 21 by FBR Capital. Stephens maintained Pacific Premier Bancorp, Inc. (NASDAQ:PPBI) on Tuesday, July 25 with “Buy” rating. The stock has “Outperform” rating by Wood on Friday, October 2. Keefe Bruyette & Woods maintained Pacific Premier Bancorp, Inc. (NASDAQ:PPBI) rating on Thursday, December 21. Keefe Bruyette & Woods has “Buy” rating and $46.0 target. Piper Jaffray maintained Pacific Premier Bancorp, Inc. (NASDAQ:PPBI) on Thursday, October 5 with “Buy” rating. Keefe Bruyette & Woods maintained it with “Buy” rating and $4200 target in Monday, June 26 report. Keefe Bruyette & Woods maintained the stock with “Buy” rating in Tuesday, January 30 report. As per Thursday, April 21, the company rating was maintained by DA Davidson.

Since February 20, 2018, it had 1 buying transaction, and 3 sales for $4.25 million activity. Another trade for 21,261 shares valued at $946,051 was sold by WILCOX EDWARD EARL. GARRETT JOSEPH L bought 75 shares worth $3,176. RICE TOM sold $942,321 worth of stock.

Investors sentiment increased to 1.66 in Q4 2017. Its up 0.17, from 1.49 in 2017Q3. It improved, as 17 investors sold PPBI shares while 42 reduced holdings. 47 funds opened positions while 51 raised stakes. 39.55 million shares or 21.14% more from 32.65 million shares in 2017Q3 were reported. Metropolitan Life holds 0.01% or 12,481 shares in its portfolio. Raymond James & Assocs accumulated 50,909 shares. Cardinal Cap Mngmt Lc Ct owns 1.03M shares. 5,825 are owned by Buckhead Capital Limited Liability Corporation. 7,730 were reported by State Of Alaska Department Of Revenue. D E Shaw reported 0% of its portfolio in Pacific Premier Bancorp, Inc. (NASDAQ:PPBI). Ontario – Canada-based Bancorp Of Montreal Can has invested 0% in Pacific Premier Bancorp, Inc. (NASDAQ:PPBI). First Mercantile Trust has invested 0.07% in Pacific Premier Bancorp, Inc. (NASDAQ:PPBI). Kennedy Mgmt stated it has 0.21% of its portfolio in Pacific Premier Bancorp, Inc. (NASDAQ:PPBI). Emerald Advisers Pa reported 1.65% stake. Fj Mgmt Lc reported 862,900 shares. Brinker Inc reported 0.01% of its portfolio in Pacific Premier Bancorp, Inc. (NASDAQ:PPBI). Millennium Mngmt Lc invested in 0.05% or 938,321 shares. Brown Advisory has 463,583 shares. Manufacturers Life Ins The holds 636,513 shares.

Analysts await Pacific Premier Bancorp, Inc. (NASDAQ:PPBI) to report earnings on July, 24. They expect $0.65 EPS, up 27.45% or $0.14 from last year’s $0.51 per share. PPBI’s profit will be $30.24 million for 15.93 P/E if the $0.65 EPS becomes a reality. After $0.62 actual EPS reported by Pacific Premier Bancorp, Inc. for the previous quarter, Wall Street now forecasts 4.84% EPS growth.

Investors sentiment increased to 1.21 in Q4 2017. Its up 0.20, from 1.01 in 2017Q3. It increased, as 39 investors sold STMP 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. Riverhead Cap Limited Co holds 0.01% or 851 shares in its portfolio. Ny State Teachers Retirement Sys owns 44,499 shares. Pitcairn owns 2,202 shares. Principal Financial Gp Incorporated invested in 130,425 shares or 0.02% of the stock. Raymond James Assoc holds 0.01% of its portfolio in Stamps.com Inc. (NASDAQ:STMP) for 19,111 shares. Balyasny Asset Ltd Liability Co accumulated 0% or 2,250 shares. Parkside Fin National Bank & Trust And Trust reported 9 shares. Ameritas Invest Partners holds 1,350 shares. 2,528 are held by Creative Planning. Cubist Systematic Strategies Limited Co holds 0% or 428 shares. Legal And General Gru Plc accumulated 32,694 shares. Mutual Of America Cap Mngmt Lc stated it has 54,601 shares. Stratos Wealth Prns owns 808 shares or 0.01% of their US portfolio. Janney Montgomery Scott Ltd Liability Corporation reported 0.01% stake. Voya Inv Management Llc stated it has 0% in Stamps.com Inc. (NASDAQ:STMP).

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. The stock has “Buy” rating by FBR Capital on Friday, February 9. On Friday, December 1 the stock rating was maintained by FBR Capital with “Buy”. The rating was maintained by Northland Capital on Thursday, September 14 with “Buy”. The rating was maintained by Northland Capital on Monday, November 20 with “Buy”. On Monday, November 9 the stock rating was maintained by Singular Research with “Buy”. The stock has “Buy” rating by Roth Capital on Friday, July 28. The firm has “Neutral” rating by Sidoti given on Monday, November 9. The stock of Stamps.com Inc. (NASDAQ:STMP) earned “Buy” rating by Craig Hallum on Thursday, February 22. The rating was initiated by Singular Research with “Buy” on Monday, October 19. The stock has “Buy” rating by Roth Capital on Sunday, October 29.

Since December 18, 2017, it had 0 buys, and 21 selling transactions for $47.67 million activity. $1.87 million worth of Stamps.com Inc. (NASDAQ:STMP) shares were sold by Lipson Matthew A.. $5.22 million worth of Stamps.com Inc. (NASDAQ:STMP) was sold by Buerba Sebastian. 8,115 shares valued at $1.48 million were sold by MCBRIDE KENNETH THOMAS on Monday, December 18. ANANDA MOHAN P sold $203,183 worth of Stamps.com Inc. (NASDAQ:STMP) on Monday, February 26. The insider Khechfe Amine sold 1,200 shares worth $229,620. HUEBNER KYLE sold $8.47 million worth of stock or 43,262 shares.

Analysts await Stamps.com Inc. (NASDAQ:STMP) to report earnings on August, 1. They expect $2.17 EPS, up 28.40% or $0.48 from last year’s $1.69 per share. STMP’s profit will be $38.89 million for 28.51 P/E if the $2.17 EPS becomes a reality. After $2.13 actual EPS reported by Stamps.com Inc. for the previous quarter, Wall Street now forecasts 1.88% EPS growth.

Pacific Premier Bancorp, Inc. (NASDAQ:PPBI) Institutional Positions Chart

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