Berson & Corrado Investment Advisors Lowered Pitney Bowes (PBI) Holding By $2.41 Million; Shorts at Beacon Roofing Supply (BECN) Lowered By 0.31%

Beacon Roofing Supply, Inc. (NASDAQ:BECN) Logo

Beacon Roofing Supply Inc (NASDAQ:BECN) had a decrease of 0.31% in short interest. BECN’s SI was 1.37 million shares in May as released by FINRA. Its down 0.31% from 1.37M shares previously. With 605,600 avg volume, 2 days are for Beacon Roofing Supply Inc (NASDAQ:BECN)’s short sellers to cover BECN’s short positions. The stock increased 0.78% or $0.31 during the last trading session, reaching $39.83. About 1.13M shares traded or 47.88% up from the average. Beacon Roofing Supply, Inc. (NASDAQ:BECN) has risen 10.99% since May 18, 2017 and is uptrending. It has underperformed by 0.56% the S&P500.

Berson & Corrado Investment Advisors Llc decreased Pitney Bowes Inc (PBI) stake by 88.93% reported in 2017Q4 SEC filing. Berson & Corrado Investment Advisors Llc sold 218,894 shares as Pitney Bowes Inc (PBI)’s stock declined 3.70%. The Berson & Corrado Investment Advisors Llc holds 27,240 shares with $305,000 value, down from 246,134 last quarter. Pitney Bowes Inc now has $1.72 billion valuation. The stock decreased 0.22% or $0.02 during the last trading session, reaching $9.19. About 1.75M shares traded. Pitney Bowes Inc. (NYSE:PBI) has declined 12.71% since May 18, 2017 and is downtrending. It has underperformed by 24.26% the S&P500.

Analysts await Pitney Bowes Inc. (NYSE:PBI) to report earnings on August, 7. They expect $0.25 EPS, down 24.24% or $0.08 from last year’s $0.33 per share. PBI’s profit will be $46.90M for 9.19 P/E if the $0.25 EPS becomes a reality. After $0.30 actual EPS reported by Pitney Bowes Inc. for the previous quarter, Wall Street now forecasts -16.67% negative EPS growth.

Since May 8, 2018, it had 2 buys, and 0 sales for $188,322 activity. $88,200 worth of Pitney Bowes Inc. (NYSE:PBI) shares were bought by SUTULA STANLEY J III. On Tuesday, May 8 Lautenbach Marc Bradley bought $100,122 worth of Pitney Bowes Inc. (NYSE:PBI) or 11,100 shares.

More recent Pitney Bowes Inc. (NYSE:PBI) news were published by: Seekingalpha.com which released: “More on Pitney Bowes’ Q1 beat” on May 02, 2018. Also Seekingalpha.com published the news titled: “Pitney Bowes: Deep Value And High Yield” on May 04, 2018. Businesswire.com‘s news article titled: “Pitney Bowes Document Messaging Technologies and HP Reaffirm Global Strategic Alliance for Print to Mail Solutions” with publication date: May 15, 2018 was also an interesting one.

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. Zacks downgraded the shares of PBI in report on Monday, September 7 to “Sell” rating. Loop Capital maintained Pitney Bowes Inc. (NYSE:PBI) on Thursday, November 2 with “Hold” rating. The rating was initiated by Loop Capital Markets on Friday, July 28 with “Hold”. The company was upgraded on Tuesday, September 1 by Zacks. The firm earned “Buy” rating on Wednesday, August 2 by Sidoti. As per Thursday, September 17, the company rating was maintained by Brean Capital. The rating was downgraded by Sidoti to “Neutral” on Monday, May 15.

Investors sentiment increased to 1.17 in 2017 Q4. Its up 0.15, from 1.02 in 2017Q3. It is positive, 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. Modera Wealth Mgmt Limited Liability reported 12,656 shares. Buckhead Capital Mgmt Llc reported 95,310 shares. Northwestern Mutual Wealth Mngmt owns 0% invested in Pitney Bowes Inc. (NYSE:PBI) for 955 shares. Piermont Mgmt has invested 0.12% in Pitney Bowes Inc. (NYSE:PBI). First Tru Advisors LP owns 215,867 shares for 0.01% of their portfolio. Tocqueville Asset Management Lp stated it has 0.01% of its portfolio in Pitney Bowes Inc. (NYSE:PBI). Country National Bank owns 225 shares. Gsa Capital Prns Ltd Liability Partnership invested 0.03% of its portfolio in Pitney Bowes Inc. (NYSE:PBI). Da Davidson And Com accumulated 11,100 shares. Advantus Cap Mngmt Inc reported 22,999 shares. Voya Invest Lc has invested 0.05% in Pitney Bowes Inc. (NYSE:PBI). Guggenheim Limited Liability invested in 0.01% or 248,470 shares. Cna Financial invested 0.59% in Pitney Bowes Inc. (NYSE:PBI). 6,309 were accumulated by Tower Rech Cap Ltd Liability Corporation (Trc). Neuberger Berman Group Lc reported 0.01% of its portfolio in Pitney Bowes Inc. (NYSE:PBI).

Investors sentiment decreased to 1.38 in 2017 Q4. Its down 0.53, from 1.91 in 2017Q3. It is negative, as 22 investors sold Beacon Roofing Supply, Inc. shares while 77 reduced holdings. 63 funds opened positions while 74 raised stakes. 64.82 million shares or 2.48% less from 66.46 million shares in 2017Q3 were reported. Millennium Mgmt Ltd Co stated it has 0.13% in Beacon Roofing Supply, Inc. (NASDAQ:BECN). Profund Limited holds 3,204 shares or 0.01% of its portfolio. Moreover, Df Dent And Inc has 0.03% invested in Beacon Roofing Supply, Inc. (NASDAQ:BECN) for 20,822 shares. Ameritas Invest Prns reported 5,665 shares or 0.02% of all its holdings. Tocqueville Asset Lp invested 0.01% in Beacon Roofing Supply, Inc. (NASDAQ:BECN). National Bank Of America De holds 0% or 370,466 shares in its portfolio. Cramer Rosenthal Mcglynn Ltd holds 0.41% of its portfolio in Beacon Roofing Supply, Inc. (NASDAQ:BECN) for 401,053 shares. Elk Creek Prns Ltd Liability reported 1.22% in Beacon Roofing Supply, Inc. (NASDAQ:BECN). Georgia-based Invesco Limited has invested 0.01% in Beacon Roofing Supply, Inc. (NASDAQ:BECN). Fisher Asset Mgmt Ltd Liability Company holds 0.14% or 1.70M shares. Arcadia Investment Mgmt Mi holds 2.14% or 119,778 shares in its portfolio. 362 were accumulated by Wealthtrust. Ahl Prns Ltd Liability Partnership owns 31,256 shares. Principal Finance Gp has invested 0% in Beacon Roofing Supply, Inc. (NASDAQ:BECN). Goldman Sachs has invested 0.03% in Beacon Roofing Supply, Inc. (NASDAQ:BECN).

Among 18 analysts covering Beacon Roofing Supply (NASDAQ:BECN), 12 have Buy rating, 0 Sell and 6 Hold. Therefore 67% are positive. Beacon Roofing Supply had 51 analyst reports since July 28, 2015 according to SRatingsIntel. RBC Capital Markets maintained Beacon Roofing Supply, Inc. (NASDAQ:BECN) on Monday, February 8 with “Sector Perform” rating. The firm has “Buy” rating given on Tuesday, November 21 by RBC Capital Markets. The firm earned “Buy” rating on Friday, August 25 by Jefferies. Raymond James upgraded Beacon Roofing Supply, Inc. (NASDAQ:BECN) rating on Tuesday, July 28. Raymond James has “Outperform” rating and $40 target. BB&T Capital upgraded Beacon Roofing Supply, Inc. (NASDAQ:BECN) on Friday, June 10 to “Buy” rating. The firm has “Buy” rating by RBC Capital Markets given on Monday, July 24. As per Wednesday, July 29, the company rating was upgraded by CL King. Wedbush reinitiated the stock with “Neutral” rating in Wednesday, May 31 report. The stock has “Buy” rating by Seaport Global on Thursday, January 4. The firm earned “Hold” rating on Monday, May 14 by Northcoast.

Beacon Roofing Supply, Inc., together with its subsidiaries, distributes residential and non-residential roofing materials, and other complementary building materials to contractors, home builders, retailers, and building materials suppliers. The company has market cap of $2.71 billion. The companyÂ’s residential roofing products include asphalt shingles, synthetic slates and tiles, clay and concrete tiles, slates, nail base insulations, metal roofing, felts, synthetic underlayment, wood shingles and shakes, nails and fasteners, metal edgings and flashings, prefabricated flashings, ridges and soffit vents, and other accessories. It has a 17.03 P/E ratio. The Company’s non-residential roofing products comprise single-ply roofing, asphalt, metal, modified bitumen, and build-up roofing products; cements and coatings; flat stock and tapered insulations; commercial fasteners; metal edges and flashings; smoke/roof hatches; roofing tools; sheet metal products, including copper, aluminum, and steel; and PVC, thermoplastic olefin, and ethylene propylene diene monomer membrane products.

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