Stock Yards Bank & Trust Co Has Upped Its Holding in Watsco (WSO) by $315,772 as Shares Declined; As Epam Sys (EPAM) Stock Declined, Holder Martin Currie LTD Increased Position

EPAM Systems, Inc. (NYSE:EPAM) Logo

Martin Currie Ltd increased its stake in Epam Sys Inc (EPAM) by 1.99% based on its latest 2018Q3 regulatory filing with the SEC. Martin Currie Ltd bought 8,001 shares as the company’s stock declined 10.97% with the market. The institutional investor held 409,562 shares of the technology company at the end of 2018Q3, valued at $56.40 million, up from 401,561 at the end of the previous reported quarter. Martin Currie Ltd who had been investing in Epam Sys Inc for a number of months, seems to be bullish on the $8.08 billion market cap company. The stock increased 0.94% or $1.39 during the last trading session, reaching $149.58. About 299,051 shares traded. EPAM Systems, Inc. (NYSE:EPAM) has risen 22.16% since February 14, 2018 and is uptrending. It has outperformed by 22.16% the S&P500. Some Historical EPAM News: 09/05/2018 – EPAM SYSTEMS 1Q REV. $424.1M, EST. $414.9M; 15/03/2018 – EPAM SYSTEMS INC – ADJUSTMENTS TO ITS 2018 OUTLOOK RELATE SOLELY TO IMPACT OF CONTINUUM ACQUISITION; 15/03/2018 – EPAM Systems Sees 2018 Adjusted EPS at Least $4.07; 09/05/2018 – EPAM Systems Sees 2Q EPS 82c; 09/05/2018 – EPAM SEES YR ADJ EPS AT LEAST $4.11, EST. $4.05; 09/05/2018 – EPAM Systems 1Q Rev $424.1M; 09/05/2018 – EPAM SYSTEMS INC EPAM.N FY2018 SHR VIEW $4.10, REV VIEW $1.82 BLN — THOMSON REUTERS l/B/E/S; 09/05/2018 – EPAM Systems 1Q Adj EPS 93c; 15/03/2018 – EPAM SYSTEMS INC – NOW EXPECTS REVENUE GROWTH FOR FULL YEAR 2018 TO BE AT LEAST 26% REPORTED; 04/04/2018 – $GLOB premium valuation to $EPAM and $LXFT should dissipate given higher business risk and lower financial transparency. $GLOB 40%-50% downside

Stock Yards Bank & Trust Co increased its stake in Watsco Inc (WSO) by 3.57% based on its latest 2018Q3 regulatory filing with the SEC. Stock Yards Bank & Trust Co bought 1,774 shares as the company’s stock declined 16.87% with the market. The hedge fund held 51,474 shares of the consumer durables company at the end of 2018Q3, valued at $9.17 million, up from 49,700 at the end of the previous reported quarter. Stock Yards Bank & Trust Co who had been investing in Watsco Inc for a number of months, seems to be bullish on the $5.23 billion market cap company. The stock increased 1.00% or $1.51 during the last trading session, reaching $152.99. About 213,068 shares traded. Watsco, Inc. (NYSE:WSO) has declined 11.14% since February 14, 2018 and is downtrending. It has underperformed by 11.14% the S&P500. Some Historical WSO News: 02/04/2018 – Watsco Boosts Dividends 16% to $5.80 Per Share, Extends Payout Streak to 44 Years; 02/04/2018 – WATSCO BOOSTS DIVIDENDS 16% TO $5.80/SHR, EXTENDS PAYOUT STREAK; 12/03/2018 – Watsco Trading Activity Rises to Triple 20 Day Average; 24/04/2018 – WATSCO INC – COMPANY HAS TARGETED CASH FLOW FROM OPERATIONS TO EXCEED NET INCOME IN 2018; 20/04/2018 – DJ Watsco Inc Class B, Inst Holders, 1Q 2018 (WSO.B); 19/03/2018 – Watsco: David C. Darnell and Barry S. Logan Resign From Board; 24/04/2018 – Watsco 1Q EPS 89c; 07/03/2018 – Watsco Closes Above 50-Day Moving Average: Technicals; 02/04/2018 – WATSCO BOOSTS QTR DIV/SHR TO $1.45 FROM $1.25, EST. $1.50; 24/04/2018 – Watsco Closes Below 50-Day Moving Average: Technicals

Among 13 analysts covering Watsco (NYSE:WSO), 4 have Buy rating, 3 Sell and 6 Hold. Therefore 31% are positive. Watsco had 46 analyst reports since September 11, 2015 according to SRatingsIntel. The rating was maintained by Stifel Nicolaus with “Buy” on Thursday, February 8. Stifel Nicolaus maintained the stock with “Buy” rating in Sunday, December 10 report. The company was maintained on Friday, June 23 by Stifel Nicolaus. The company was maintained on Tuesday, October 3 by Robert W. Baird. The rating was maintained by Morgan Stanley on Wednesday, July 26 with “Underweight”. The company was maintained on Tuesday, April 24 by Robert W. Baird. Morgan Stanley downgraded Watsco, Inc. (NYSE:WSO) on Tuesday, December 20 to “Underweight” rating. The rating was maintained by Stephens on Thursday, February 8 with “Hold”. Stifel Nicolaus maintained Watsco, Inc. (NYSE:WSO) on Wednesday, February 15 with “Buy” rating. As per Wednesday, October 28, the company rating was maintained by Stephens.

Investors sentiment decreased to 1.15 in 2018 Q3. Its down 0.12, from 1.27 in 2018Q2. It dropped, as 23 investors sold WSO shares while 100 reduced holdings. 49 funds opened positions while 92 raised stakes. 29.13 million shares or 3.35% less from 30.14 million shares in 2018Q2 were reported. Franklin Resource Inc holds 3,067 shares or 0% of its portfolio. Tiaa Cref Limited Co stated it has 82,790 shares. M&T Savings Bank Corp accumulated 2,279 shares or 0% of the stock. Webster Comml Bank N A has 0.05% invested in Watsco, Inc. (NYSE:WSO). Jpmorgan Chase And has 66,714 shares for 0% of their portfolio. Thrivent Financial For Lutherans has 42,378 shares for 0.02% of their portfolio. Barbara Oil Company reported 0.52% in Watsco, Inc. (NYSE:WSO). First Mercantile Tru holds 0.07% or 2,119 shares in its portfolio. Retirement Of Alabama owns 41,422 shares or 0.03% of their US portfolio. Intll Grp has 65,309 shares for 0.04% of their portfolio. Wendell David holds 0.64% or 22,960 shares. Mason Street Ltd Liability Company reported 16,463 shares. Kayne Anderson Rudnick Ltd Liability Corporation has 0.51% invested in Watsco, Inc. (NYSE:WSO). Motley Fool Wealth Mngmt Ltd Liability Co has 60,456 shares. Texas Permanent School Fund reported 0.05% of its portfolio in Watsco, Inc. (NYSE:WSO).

More notable recent Watsco, Inc. (NYSE:WSO) news were published by: Zacks.com which released: “Watsco (WSO) Earnings Expected to Grow: Should You Buy? – Zacks.com” on February 07, 2019, also Globenewswire.com with their article: “Watsco to Host 2018 Earnings Call February 14, 2019 NYSE:WSO – GlobeNewswire” published on February 05, 2019, Benzinga.com published: “Longbow Research Downgrades Watsco (NYSE:WSO), Says HVAC Company Could Struggle With Margin Target – Benzinga” on July 30, 2018. More interesting news about Watsco, Inc. (NYSE:WSO) were released by: Globenewswire.com and their article: “Watsco Boosts Annual Dividend 10% to $6.40 Per Share – GlobeNewswire” published on October 25, 2018 as well as Benzinga.com‘s news article titled: “Earnings Scheduled For February 14, 2019 – Benzinga” with publication date: February 14, 2019.

Stock Yards Bank & Trust Co, which manages about $979.67M US Long portfolio, decreased its stake in Visa Inc (NYSE:V) by 4,067 shares to 157,643 shares, valued at $23.66M in 2018Q3, according to the filing. It also reduced its holding in Zimmer Biomet Holdings Inc (ZMH) by 63,232 shares in the quarter, leaving it with 5,710 shares, and cut its stake in Ishares (IWR).

Martin Currie Ltd, which manages about $1.44B US Long portfolio, decreased its stake in Ishares Inc by 516,946 shares to 195,270 shares, valued at $7.36M in 2018Q3, according to the filing. It also reduced its holding in Hca Healthcare Inc (NYSE:HCA) by 2,900 shares in the quarter, leaving it with 39,108 shares, and cut its stake in Apple Inc (NASDAQ:AAPL).

Among 20 analysts covering EPAM Systems (NYSE:EPAM), 16 have Buy rating, 0 Sell and 4 Hold. Therefore 80% are positive. EPAM Systems had 62 analyst reports since August 6, 2015 according to SRatingsIntel. Bank of America maintained it with “Buy” rating and $110 target in Monday, November 6 report. Monness Crespi maintained EPAM Systems, Inc. (NYSE:EPAM) rating on Wednesday, May 10. Monness Crespi has “Buy” rating and $91 target. Barclays Capital upgraded EPAM Systems, Inc. (NYSE:EPAM) on Friday, May 6 to “Overweight” rating. Cowen & Co initiated EPAM Systems, Inc. (NYSE:EPAM) rating on Friday, February 19. Cowen & Co has “Outperform” rating and $80 target. Berenberg initiated the shares of EPAM in report on Friday, April 15 with “Buy” rating. The firm has “Buy” rating given on Friday, August 4 by UBS. The firm earned “Outperform” rating on Monday, May 8 by Wedbush. The stock has “Buy” rating by Stifel Nicolaus on Tuesday, February 20. The company was downgraded on Tuesday, September 4 by Bank of America. The firm has “Buy” rating by Jefferies given on Thursday, August 17.

More notable recent EPAM Systems, Inc. (NYSE:EPAM) news were published by: Seekingalpha.com which released: “EPAM Systems Q4 2018 Earnings Preview – Seeking Alpha” on February 13, 2019, also Seekingalpha.com with their article: “EPAM Systems 2018 Q3 – Results – Earnings Call Slides – Seeking Alpha” published on November 01, 2018, Fool.com published: “3 Stocks Warren Buffett May Wish He Could Buy – The Motley Fool” on February 03, 2019. More interesting news about EPAM Systems, Inc. (NYSE:EPAM) were released by: Zacks.com and their article: “Moving Average Crossover Alert: EPAM Systems – Zacks.com” published on February 13, 2019 as well as Zacks.com‘s news article titled: “3 Reasons Why Growth Investors Shouldn’t Overlook Epam (EPAM) – Zacks.com” with publication date: February 13, 2019.

EPAM Systems, Inc. (NYSE:EPAM) Institutional Positions Chart