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Sentinel Asset Management Trimmed Its Aspen Technology (AZPN) Stake; Townebank (TOWN) SI Decreased By 1.18%

Sentinel Asset Management Inc decreased Aspen Technology Inc. (AZPN) stake by 3.7% reported in 2017Q2 SEC filing. Sentinel Asset Management Inc sold 7,800 shares as Aspen Technology Inc. (AZPN)’s stock rose 2.19%. The Sentinel Asset Management Inc holds 203,180 shares with $11.23 million value, down from 210,980 last quarter. Aspen Technology Inc. now has $4.84B valuation. The stock increased 0.19% or $0.1263 during the last trading session, reaching $66.7263. About 23,026 shares traded. Aspen Technology, Inc. (NASDAQ:AZPN) has risen 59.88% since November 30, 2016 and is uptrending. It has outperformed by 43.18% the S&P500.

Townebank (NASDAQ:TOWN) had a decrease of 1.18% in short interest. TOWN’s SI was 1.55M shares in November as released by FINRA. Its down 1.18% from 1.57 million shares previously. With 115,800 avg volume, 13 days are for Townebank (NASDAQ:TOWN)’s short sellers to cover TOWN’s short positions. The SI to Townebank’s float is 2.77%. The stock decreased 0.72% or $0.25 during the last trading session, reaching $34.45. About 15,998 shares traded. TowneBank (NASDAQ:TOWN) has risen 40.97% since November 30, 2016 and is uptrending. It has outperformed by 24.27% the S&P500.

Among 5 analysts covering Towne Bank (NASDAQ:TOWN), 0 have Buy rating, 0 Sell and 5 Hold. Therefore 0 are positive. Towne Bank had 10 analyst reports since August 24, 2015 according to SRatingsIntel. Keefe Bruyette & Woods maintained TowneBank (NASDAQ:TOWN) on Thursday, June 1 with “Hold” rating. The stock has “Hold” rating by Sandler O’Neill on Tuesday, November 29. The firm earned “Mkt Perform” rating on Monday, August 24 by Bruyette & Woods”. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Tuesday, October 3 report. The stock of TowneBank (NASDAQ:TOWN) earned “” rating by KBW on Monday, August 24. The firm earned “Neutral” rating on Thursday, October 5 by PiperJaffray. The rating was maintained by Piper Jaffray with “Hold” on Tuesday, October 31.

TowneBank provides retail and commercial banking services for small- and medium-size businesses, professionals, and individuals. The company has market cap of $2.13 billion. The firm operates in three divisions: Banking, Realty, and Insurance. It has a 23.6 P/E ratio. It accepts various deposits products, including demand deposits, negotiable order of withdrawal accounts, savings accounts, money rate savings, certificates of deposit, and individual retirement accounts.

Sentinel Asset Management Inc increased Acxiom Corp. (NASDAQ:ACXM) stake by 377,790 shares to 842,478 valued at $21.89M in 2017Q2. It also upped Mobile Mini Inc. (NASDAQ:MINI) stake by 79,720 shares and now owns 473,157 shares. Haemonetics Corp. (NYSE:HAE) was raised too.

Among 8 analysts covering Aspen Technology (NASDAQ:AZPN), 3 have Buy rating, 1 Sell and 4 Hold. Therefore 38% are positive. Aspen Technology had 20 analyst reports since August 14, 2015 according to SRatingsIntel. The stock of Aspen Technology, Inc. (NASDAQ:AZPN) has “Buy” rating given on Thursday, October 26 by KeyBanc Capital Markets. JP Morgan reinitiated it with “Underweight” rating and $36 target in Friday, April 29 report. Robert W. Baird maintained Aspen Technology, Inc. (NASDAQ:AZPN) rating on Friday, October 6. Robert W. Baird has “Hold” rating and $63.0 target. As per Thursday, October 26, the company rating was maintained by Robert W. Baird. Benchmark maintained it with “Hold” rating and $34 target in Tuesday, April 26 report. The rating was initiated by Berenberg with “Buy” on Wednesday, August 23. As per Friday, January 29, the company rating was maintained by Canaccord Genuity. The stock has “Hold” rating by Canaccord Genuity on Friday, August 11. The rating was initiated by Avondale on Tuesday, February 9 with “Market Perform”. The rating was maintained by Canaccord Genuity on Friday, October 27 with “Hold”.

Analysts await Aspen Technology, Inc. (NASDAQ:AZPN) to report earnings on January, 25. They expect $0.45 EPS, down 6.25% or $0.03 from last year’s $0.48 per share. AZPN’s profit will be $32.64 million for 37.07 P/E if the $0.45 EPS becomes a reality. After $0.47 actual EPS reported by Aspen Technology, Inc. for the previous quarter, Wall Street now forecasts -4.26% negative EPS growth.

Investors sentiment decreased to 0.78 in Q2 2017. Its down 0.11, from 0.89 in 2017Q1. It turned negative, as 31 investors sold AZPN shares while 96 reduced holdings. 29 funds opened positions while 70 raised stakes. 74.74 million shares or 2.20% less from 76.42 million shares in 2017Q1 were reported. Sentinel Asset has 0.27% invested in Aspen Technology, Inc. (NASDAQ:AZPN). Adams Diversified Equity Fund Incorporated invested 0.06% of its portfolio in Aspen Technology, Inc. (NASDAQ:AZPN). 33,484 were accumulated by Schroder Inv Mgmt. Zurcher Kantonalbank (Zurich Cantonalbank) stated it has 3,312 shares or 0% of all its holdings. Columbia Wanger Asset Mngmt Ltd Liability Com has invested 0.16% of its portfolio in Aspen Technology, Inc. (NASDAQ:AZPN). C M Bidwell And Associates Limited accumulated 0% or 101 shares. New Jersey-based Architects has invested 0% in Aspen Technology, Inc. (NASDAQ:AZPN). Mount Lucas Mngmt LP reported 2,881 shares stake. 1St Glob Advsr has 0.08% invested in Aspen Technology, Inc. (NASDAQ:AZPN). The Nebraska-based Cwm Ltd Com has invested 0% in Aspen Technology, Inc. (NASDAQ:AZPN). Los Angeles Cap Management & Equity Research holds 0.01% or 42,866 shares. Cipher Capital Limited Partnership holds 56,937 shares. Provident Invest Inc holds 425,707 shares. Kbc Grp Nv reported 202,919 shares or 0.11% of all its holdings. 127,200 are owned by Swiss Retail Bank.

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