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Grandeur Peak Global Advisors Holds Holding in Epam Systems (EPAM); Kingdon Capital Management Decreased Its Harris Del (HRS) Stake by $4.96 Million

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Grandeur Peak Global Advisors Llc increased its stake in Epam Systems Inc (EPAM) by 0.77% based on its latest 2017Q4 regulatory filing with the SEC. Grandeur Peak Global Advisors Llc bought 2,900 shares as the company’s stock rose 4.34% while stock markets declined. The institutional investor held 378,825 shares of the technology company at the end of 2017Q4, valued at $40.70 million, up from 375,925 at the end of the previous reported quarter. Grandeur Peak Global Advisors Llc who had been investing in Epam Systems Inc for a number of months, seems to be bullish on the $6.30B market cap company. The stock increased 0.63% or $0.74 during the last trading session, reaching $118.71. About 103,056 shares traded. EPAM Systems, Inc. (NYSE:EPAM) has risen 53.58% since April 19, 2017 and is uptrending. It has outperformed by 42.03% the S&P500.

Mark Kingdon decreased its stake in Harris Corp Del (HRS) by 41.66% based on its latest 2017Q4 regulatory filing with the SEC. Kingdon Capital Management Llc sold 35,174 shares as the company’s stock rose 12.31% while stock markets declined. The hedge fund run by Mark Kingdon held 49,259 shares of the industrial machinery and components company at the end of 2017Q4, valued at $6.98M, down from 84,433 at the end of the previous reported quarter. Kingdon Capital Management Llc who had been investing in Harris Corp Del for a number of months, seems to be less bullish one the $20.03 billion market cap company. The stock increased 0.27% or $0.45 during the last trading session, reaching $168.73. About 177,144 shares traded. Harris Corporation (NYSE:HRS) has risen 44.73% since April 19, 2017 and is uptrending. It has outperformed by 33.18% the S&P500.

Investors sentiment increased to 1.09 in Q4 2017. Its up 0.10, from 0.99 in 2017Q3. It increased, as 23 investors sold HRS shares while 207 reduced holdings. 91 funds opened positions while 160 raised stakes. 98.23 million shares or 1.10% less from 99.32 million shares in 2017Q3 were reported. Lsv Asset Mngmt has invested 0% in Harris Corporation (NYSE:HRS). Scopus Asset Mngmt Lp invested in 0.12% or 90,000 shares. Fire Grp Incorporated has invested 0.01% in Harris Corporation (NYSE:HRS). Hudson Valley Invest Advsrs Adv has invested 0.93% of its portfolio in Harris Corporation (NYSE:HRS). Ww Asset Management Inc has invested 0.05% of its portfolio in Harris Corporation (NYSE:HRS). Acadian Asset Ltd Co accumulated 83,611 shares. Martingale Asset Mgmt LP owns 25,467 shares for 0.05% of their portfolio. Ogorek Anthony Joseph Ny Adv holds 118 shares or 0.01% of its portfolio. The France-based Exane Derivatives has invested 0% in Harris Corporation (NYSE:HRS). Burney Co holds 2% or 249,212 shares. Liberty Mutual Grp Asset Inc has 4,773 shares for 0.02% of their portfolio. Coastline Tru has 0.11% invested in Harris Corporation (NYSE:HRS) for 5,030 shares. Usa Financial Portformulas Corp stated it has 20,971 shares. Gargoyle Invest Advisor Limited Liability stated it has 0.84% in Harris Corporation (NYSE:HRS). 2,879 were reported by X Mngmt Co Limited Com.

Kingdon Capital Management Llc, which manages about $3.27 billion and $1.55 billion US Long portfolio, upped its stake in Micron Technology Inc (Prn) by 1.00M shares to 7.00M shares, valued at $10.09M in 2017Q4, according to the filing. It also increased its holding in Peabody Energy Corp New by 50,993 shares in the quarter, for a total of 251,736 shares, and has risen its stake in Vertex Pharmaceuticals Inc (NASDAQ:VRTX).

Analysts await Harris Corporation (NYSE:HRS) to report earnings on May, 2 before the open. They expect $1.62 EPS, up 17.39% or $0.24 from last year’s $1.38 per share. HRS’s profit will be $192.34 million for 26.04 P/E if the $1.62 EPS becomes a reality. After $1.67 actual EPS reported by Harris Corporation for the previous quarter, Wall Street now forecasts -2.99% negative EPS growth.

Since February 15, 2018, it had 0 insider purchases, and 3 insider sales for $12.22 million activity. MIKUEN SCOTT T sold $3.02 million worth of Harris Corporation (NYSE:HRS) on Friday, March 2. Another trade for 51,200 shares valued at $7.84M was made by MEHNERT DANA A on Monday, March 5.

Among 11 analysts covering Harris (NYSE:HRS), 10 have Buy rating, 0 Sell and 1 Hold. Therefore 91% are positive. Harris had 39 analyst reports since August 10, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Friday, July 14 by Jefferies. The firm has “Buy” rating given on Tuesday, June 6 by Jefferies. Credit Suisse maintained it with “Buy” rating and $187.0 target in Wednesday, January 31 report. The firm earned “Outperform” rating on Monday, November 7 by Cowen & Co. The rating was maintained by Jefferies with “Buy” on Monday, September 18. The stock has “Market Perform” rating by Cowen & Co on Tuesday, March 15. RBC Capital Markets initiated Harris Corporation (NYSE:HRS) rating on Monday, October 12. RBC Capital Markets has “Outperform” rating and $90 target. Jefferies maintained the stock with “Buy” rating in Friday, October 20 report. The firm has “Buy” rating by Citigroup given on Friday, June 10. The firm has “Buy” rating given on Tuesday, September 8 by Goldman Sachs.

Among 19 analysts covering EPAM Systems (NYSE:EPAM), 17 have Buy rating, 0 Sell and 2 Hold. Therefore 89% are positive. EPAM Systems had 50 analyst reports since August 6, 2015 according to SRatingsIntel. Needham maintained EPAM Systems, Inc. (NYSE:EPAM) rating on Friday, March 16. Needham has “Buy” rating and $135.0 target. The firm earned “Buy” rating on Thursday, August 17 by Jefferies. On Friday, August 4 the stock rating was maintained by Barclays Capital with “Overweight”. Wedbush initiated it with “Outperform” rating and $82 target in Friday, September 9 report. The firm has “Buy” rating by Stifel Nicolaus given on Tuesday, February 20. As per Friday, August 4, the company rating was maintained by UBS. Barclays Capital upgraded the stock to “Overweight” rating in Friday, May 6 report. The stock of EPAM Systems, Inc. (NYSE:EPAM) earned “Outperform” rating by Wedbush on Monday, May 8. The firm has “Equal Weight” rating by Barclays Capital given on Tuesday, November 8. The firm has “Buy” rating given on Friday, November 3 by UBS.

Grandeur Peak Global Advisors Llc, which manages about $1.61 billion and $769.86 million US Long portfolio, decreased its stake in Proto Labs Inc (NYSE:PRLB) by 9,600 shares to 27,375 shares, valued at $2.82M in 2017Q4, according to the filing. It also reduced its holding in Gentex Corp (NASDAQ:GNTX) by 228,650 shares in the quarter, leaving it with 184,450 shares, and cut its stake in Dril (NYSE:DRQ).

Investors sentiment decreased to 1.33 in Q4 2017. Its down 0.14, from 1.47 in 2017Q3. It is negative, as 14 investors sold EPAM shares while 73 reduced holdings. 43 funds opened positions while 73 raised stakes. 45.48 million shares or 3.09% more from 44.11 million shares in 2017Q3 were reported. Janney Montgomery Scott Lc accumulated 17,803 shares. Goldman Sachs Grp Inc stated it has 0% of its portfolio in EPAM Systems, Inc. (NYSE:EPAM). 207 were accumulated by Reilly Financial Advsrs Ltd Liability. Northwestern Mutual Wealth Mgmt Commerce holds 0% of its portfolio in EPAM Systems, Inc. (NYSE:EPAM) for 147 shares. Maryland owns 133,182 shares. Amundi Pioneer Asset Mngmt has invested 0.01% in EPAM Systems, Inc. (NYSE:EPAM). Clarivest Asset Mgmt Limited Liability stated it has 0.05% of its portfolio in EPAM Systems, Inc. (NYSE:EPAM). Tortoise Inv Management Limited has 120 shares for 0% of their portfolio. Victory Mgmt reported 22,624 shares. Pnc Fincl Svcs Gru holds 21,893 shares or 0% of its portfolio. Hbk Invests LP holds 0% or 2,411 shares in its portfolio. Boston Advsr Ltd Company has 0.03% invested in EPAM Systems, Inc. (NYSE:EPAM). Ohio-based Huntington Savings Bank has invested 0% in EPAM Systems, Inc. (NYSE:EPAM). Denver Invest Advsr Ltd Liability Co holds 0.09% or 16,015 shares. Principal Group Inc has 0% invested in EPAM Systems, Inc. (NYSE:EPAM) for 8,831 shares.

Since October 23, 2017, it had 0 buys, and 2 sales for $1.65 million activity. $286,800 worth of EPAM Systems, Inc. (NYSE:EPAM) shares were sold by Mayoras Richard Michael.

Harris Corporation (NYSE:HRS) Institutional Positions Chart

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