Ahl Partners Llp Increases Stake in Epam Sys (EPAM); Price T Rowe Associates Has Lowered Innospec (IOSP) Stake as Share Price Declined

February 15, 2018 - By Maria Brooks

Ahl Partners Llp increased its stake in Epam Sys Inc (EPAM) by 21.04% based on its latest 2017Q3 regulatory filing with the SEC. Ahl Partners Llp bought 4,418 shares as the company’s stock rose 16.98% with the market. The institutional investor held 25,414 shares of the technology company at the end of 2017Q3, valued at $2.24 million, up from 20,996 at the end of the previous reported quarter. Ahl Partners Llp who had been investing in Epam Sys Inc for a number of months, seems to be bullish on the $5.90B market cap company. The stock increased 0.84% or $0.93 during the last trading session, reaching $111.66. About 121,974 shares traded. EPAM Systems, Inc. (NYSE:EPAM) has risen 15.98% since February 15, 2017 and is uptrending. It has underperformed by 0.72% the S&P500.

Price T Rowe Associates Inc decreased its stake in Innospec Inc (IOSP) by 1.09% based on its latest 2017Q3 regulatory filing with the SEC. Price T Rowe Associates Inc sold 10,228 shares as the company’s stock declined 12.46% while stock markets rallied. The institutional investor held 924,622 shares of the major chemicals company at the end of 2017Q3, valued at $57.00 million, down from 934,850 at the end of the previous reported quarter. Price T Rowe Associates Inc who had been investing in Innospec Inc for a number of months, seems to be less bullish one the $1.65 billion market cap company. The stock increased 2.20% or $1.47 during the last trading session, reaching $68.5. About 102,889 shares traded or 14.50% up from the average. Innospec Inc. (NASDAQ:IOSP) has risen 30.88% since February 15, 2017 and is uptrending. It has outperformed by 14.18% the S&P500.

Ahl Partners Llp, which manages about $5.59 billion US Long portfolio, decreased its stake in Simpson Manufacturing Co Inc (NYSE:SSD) by 42,006 shares to 32,599 shares, valued at $1.60M in 2017Q3, according to the filing. It also reduced its holding in Stamps Com Inc (NASDAQ:STMP) by 5,518 shares in the quarter, leaving it with 39,719 shares, and cut its stake in Yelp Inc (NYSE:YELP).

Since August 21, 2017, it had 0 buys, and 13 insider sales for $20.56 million activity. On Thursday, October 5 Shekhter Elaina sold $45,000 worth of EPAM Systems, Inc. (NYSE:EPAM) or 500 shares.

Among 17 analysts covering EPAM Systems (NYSE:EPAM), 16 have Buy rating, 0 Sell and 1 Hold. Therefore 94% are positive. EPAM Systems had 42 analyst reports since August 6, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Friday, August 4 by UBS. The stock of EPAM Systems, Inc. (NYSE:EPAM) has “Buy” rating given on Friday, November 3 by UBS. KeyBanc Capital Markets maintained EPAM Systems, Inc. (NYSE:EPAM) on Tuesday, January 9 with “Buy” rating. The stock has “Buy” rating by Stifel Nicolaus on Thursday, November 2. The firm earned “Buy” rating on Thursday, March 9 by Monness Crespi. The firm earned “Buy” rating on Friday, October 13 by Citigroup. The firm has “Equal Weight” rating given on Tuesday, November 8 by Barclays Capital. Cowen & Co maintained the shares of EPAM in report on Wednesday, January 31 with “Buy” rating. The rating was maintained by Needham with “Buy” on Tuesday, November 8. The firm has “Buy” rating by Citigroup given on Friday, May 27.

Investors sentiment decreased to 1.47 in 2017 Q3. Its down 0.34, from 1.81 in 2017Q2. It dropped, 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. Swiss Bank & Trust holds 0.01% of its portfolio in EPAM Systems, Inc. (NYSE:EPAM) for 82,362 shares. Cubist Systematic Strategies Limited Liability Corporation holds 4,247 shares or 0.02% of its portfolio. Farr Miller And Washington Ltd Liability Corp Dc owns 4,516 shares for 0.04% of their portfolio. American Century owns 7,278 shares. Mufg Americas Hldgs reported 35 shares. Northwestern Mutual Wealth Mgmt Com reported 147 shares or 0% of all its holdings. Moreover, Alphaone Limited Liability has 0.01% invested in EPAM Systems, Inc. (NYSE:EPAM) for 350 shares. Pacad Invest Limited accumulated 0.07% or 3,700 shares. Renaissance Group Lc invested in 3,821 shares. Canada Pension Plan Board invested in 0.17% or 926,537 shares. Aperio Grp Inc Limited invested 0% in EPAM Systems, Inc. (NYSE:EPAM). Riverhead Cap Mngmt Limited Com has 0.08% invested in EPAM Systems, Inc. (NYSE:EPAM). Alliancebernstein Lp holds 79,300 shares or 0.01% of its portfolio. First Tru Advsr Ltd Partnership holds 41,394 shares or 0.01% of its portfolio. Macquarie invested 0.05% of its portfolio in EPAM Systems, Inc. (NYSE:EPAM).

Price T Rowe Associates Inc, which manages about $585.46 billion US Long portfolio, upped its stake in John Bean Technologies Corp (NYSE:JBT) by 131,077 shares to 3.45M shares, valued at $349.02 million in 2017Q3, according to the filing. It also increased its holding in Eagle Materials Inc (NYSE:EXP) by 39,148 shares in the quarter, for a total of 150,572 shares, and has risen its stake in Oaktree Cap Group Llc (NYSE:OAK).

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