Cim Investment Mangement Cut Its Epam Systems (EPAM) Holding; Invesco Value Municipal Income Trust (IIM) Has 2.12 Sentiment

January 14, 2018 - By Adrian Mccoy

Cim Investment Mangement Inc decreased Epam Systems (EPAM) stake by 50.05% reported in 2017Q3 SEC filing. Cim Investment Mangement Inc sold 3,825 shares as Epam Systems (EPAM)’s stock rose 16.98%. The Cim Investment Mangement Inc holds 3,817 shares with $336,000 value, down from 7,642 last quarter. Epam Systems now has $5.86B valuation. The stock increased 0.43% or $0.47 during the last trading session, reaching $110.87. About 260,850 shares traded. EPAM Systems, Inc. (NYSE:EPAM) has risen 15.98% since January 14, 2017 and is uptrending. It has underperformed by 0.72% the S&P500.

The stock decreased 0.41% or $0.06 during the last trading session, reaching $14.73. About 108,927 shares traded. Invesco Value Municipal Income Trust (IIM) has declined 12.26% since January 14, 2017 and is downtrending. It has underperformed by 28.96% the S&P500.

Robinson Capital Management Llc holds 3.28% of its portfolio in Invesco Value Municipal Income Trust for 488,619 shares. Goodwin Daniel L owns 123,687 shares or 0.82% of their US portfolio. Moreover, Karpus Management Inc. has 0.81% invested in the company for 1.05 million shares. The Maryland-based Macroview Investment Management Llc has invested 0.64% in the stock. Landscape Capital Management L.L.C., a New Jersey-based fund reported 126,365 shares.

Analysts await EPAM Systems, Inc. (NYSE:EPAM) to report earnings on February, 15. They expect $0.82 earnings per share, up 38.98% or $0.23 from last year’s $0.59 per share. EPAM’s profit will be $43.30 million for 33.80 P/E if the $0.82 EPS becomes a reality. After $0.79 actual earnings per share reported by EPAM Systems, Inc. for the previous quarter, Wall Street now forecasts 3.80% EPS growth.

Among 17 analysts covering EPAM Systems (NYSE:EPAM), 16 have Buy rating, 0 Sell and 1 Hold. Therefore 94% are positive. EPAM Systems had 41 analyst reports since August 6, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Thursday, October 20 by Monness Crespi & Hardt. The rating was upgraded by Barclays Capital on Friday, May 6 to “Overweight”. Citigroup maintained the shares of EPAM in report on Friday, November 3 with “Buy” rating. The rating was maintained by Barclays Capital on Friday, August 4 with “Overweight”. On Thursday, November 2 the stock rating was maintained by Stifel Nicolaus with “Buy”. Needham maintained the shares of EPAM in report on Friday, February 17 with “Buy” rating. The rating was downgraded by Monness Crespi & Hardt to “Hold” on Monday, March 7. The stock of EPAM Systems, Inc. (NYSE:EPAM) earned “Buy” rating by UBS on Friday, August 4. The stock of EPAM Systems, Inc. (NYSE:EPAM) has “Buy” rating given on Thursday, November 19 by Needham. The firm earned “Buy” rating on Friday, May 27 by Citigroup.

Investors sentiment decreased to 1.47 in Q3 2017. Its down 0.34, from 1.81 in 2017Q2. It fall, as 19 investors sold EPAM shares while 56 reduced holdings. 30 funds opened positions while 80 raised stakes. 44.11 million shares or 0.03% less from 44.13 million shares in 2017Q2 were reported. Artisan Prns Limited Partnership holds 216,086 shares. Nj State Employees Deferred Compensation Plan has 4,000 shares for 0.06% of their portfolio. 312 were reported by Glob X Mngmt Ltd Co. Bluemountain Mngmt Limited Liability invested in 11,259 shares or 0.02% of the stock. 17,950 were accumulated by Cs Mckee Lp. Qs Invsts invested 0% in EPAM Systems, Inc. (NYSE:EPAM). Jefferies Grp Limited Liability has 0% invested in EPAM Systems, Inc. (NYSE:EPAM) for 5,197 shares. Ubs Asset Management Americas invested in 27,046 shares. Farr Miller And Washington Lc Dc holds 4,516 shares or 0.04% of its portfolio. Toth Advisory Corporation stated it has 10,010 shares. Moreover, Spectrum Mgmt Grp has 0% invested in EPAM Systems, Inc. (NYSE:EPAM) for 12 shares. Hartwell J M Partnership owns 395,862 shares. Zacks Inv Mgmt invested 0.05% in EPAM Systems, Inc. (NYSE:EPAM). New Jersey-based Bessemer Group has invested 0.01% in EPAM Systems, Inc. (NYSE:EPAM). Credit Agricole S A stated it has 64,400 shares.

Since August 11, 2017, it had 0 insider purchases, and 14 selling transactions for $22.58 million activity. 20,455 shares were sold by Dobkin Arkadiy, worth $1.75M on Tuesday, September 12. $45,000 worth of EPAM Systems, Inc. (NYSE:EPAM) was sold by Shekhter Elaina.

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