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Kimberly Clark (KMB) Shareholder Virtu Financial Has Trimmed Position by $766,150 as Share Price Declined; Epam Systems (EPAM) Stock Price Rose While Driehaus Capital Management Has Decreased Position

EPAM Systems, Inc. (NYSE:EPAM) Logo

Virtu Financial Llc decreased its stake in Kimberly Clark Corp (KMB) by 70.65% based on its latest 2018Q1 regulatory filing with the SEC. Virtu Financial Llc sold 6,965 shares as the company’s stock declined 7.86% with the market. The institutional investor held 2,894 shares of the containers and packaging company at the end of 2018Q1, valued at $319,000, down from 9,859 at the end of the previous reported quarter. Virtu Financial Llc who had been investing in Kimberly Clark Corp for a number of months, seems to be less bullish one the $34.98 billion market cap company. The stock decreased 1.49% or $1.51 during the last trading session, reaching $100.14. About 2.92 million shares traded or 18.91% up from the average. Kimberly-Clark Corporation (NYSE:KMB) has declined 18.50% since June 22, 2017 and is downtrending. It has underperformed by 31.07% the S&P500. Some Historical KMB News: 21/05/2018 – KIMBERLY-CLARK NAMES GIUSY BUONFANTINO AS CHIEF MARKETING OFFIC; 08/03/2018 – lntelex Technologies Appoints Scott Gaddis as Health & Safety Practice Leader, EHSQ Content Strategy; 23/04/2018 – Kimberly-Clark Earnings Beat, As Company Offers Higher Sales Guidance — MarketWatch; 23/04/2018 – Cramer also raises serious concerns about the consumer packaged goods space after earnings reports from Kimberly-Clark and Procter & Gamble; 24/05/2018 – Kimberly-Clark Mexico Closes Below 50-Day Average: Technicals; 23/04/2018 – KIMBERLY-CLARK REAFFIRMS YR FORECAST; 23/04/2018 – Kimberly-Clark 1Q Includes $82 Million Net Charge From Tax Bill; 03/05/2018 – KIMBERLY-CLARK DE MEXICO: COFECE CONDUCTING REVIEW OF SOME MKTS; 21/05/2018 – Kimberly-Clark Names Giusy Buonfantino as Chief Marketing Officer; 23/04/2018 – Kimberly-Clark 1Q Adj EPS $1.71

Richard Driehaus decreased its stake in Epam Systems Inc (EPAM) by 13.93% based on its latest 2018Q1 regulatory filing with the SEC. Driehaus Capital Management Llc sold 9,057 shares as the company’s stock rose 5.31% while stock markets declined. The hedge fund run by Richard Driehaus held 55,952 shares of the technology company at the end of 2018Q1, valued at $6.41 million, down from 65,009 at the end of the previous reported quarter. Driehaus Capital Management Llc who had been investing in Epam Systems Inc for a number of months, seems to be less bullish one the $6.41B market cap company. The stock decreased 1.79% or $2.19 during the last trading session, reaching $119.95. About 474,436 shares traded or 62.90% up from the average. EPAM Systems, Inc. (NYSE:EPAM) has risen 44.24% since June 22, 2017 and is uptrending. It has outperformed by 31.67% the S&P500. Some Historical EPAM News: 09/05/2018 – EPAM Systems Had Seen FY18 Adj EPS $4.0; 04/04/2018 – $GLOB premium valuation to $EPAM and $LXFT should dissipate given higher business risk and lower financial transparency. $GLOB 40%-50% downside; 15/03/2018 – EPAM BUYS CONTINUUM, EXPANDING GLOBAL INNOVATION, DESIGN,; 09/05/2018 – EPAM Systems 1Q Net $64.4M; 30/04/2018 – EPAM Launches InfoNgen™ 7.0, Using Machine Learning to Dramatically Improve Actionable Insights; 09/05/2018 – EPAM Systems 1Q Adj EPS 93c; 09/05/2018 – EPAM Systems 1Q Rev $424.1M; 09/05/2018 – EPAM SYSTEMS INC EPAM.N SEES FY 2018 GAAP SHR AT LEAST $3.77; 23/03/2018 – Epam Systems Closes Below 50-Day Moving Average: Technicals; 09/05/2018 – EPAM SYSTEMS INC EPAM.N SEES FY 2018 NON-GAAP SHR AT LEAST $4.11

Investors sentiment decreased to 0.9 in 2018 Q1. Its down 0.03, from 0.93 in 2017Q4. It turned negative, as 63 investors sold KMB shares while 413 reduced holdings. 95 funds opened positions while 333 raised stakes. 247.29 million shares or 1.87% less from 252.01 million shares in 2017Q4 were reported. Lord Abbett & Ltd Liability, a New Jersey-based fund reported 1.08M shares. 5,841 are held by Point72 Asia (Hong Kong) Ltd. Salem Investment Counselors Inc stated it has 1,700 shares. Tci Wealth Inc reported 0.95% of its portfolio in Kimberly-Clark Corporation (NYSE:KMB). Wellington Shields Communications Ltd Liability Com owns 2,700 shares for 0.09% of their portfolio. Afam Capital holds 44,213 shares. Hillsdale Invest owns 25 shares for 0% of their portfolio. Moreover, Linscomb And Williams Incorporated has 0.02% invested in Kimberly-Clark Corporation (NYSE:KMB). D E Shaw And invested 0.13% in Kimberly-Clark Corporation (NYSE:KMB). Neuberger Berman Ltd Liability Company stated it has 0.04% in Kimberly-Clark Corporation (NYSE:KMB). Mariner Limited Liability Company owns 0.08% invested in Kimberly-Clark Corporation (NYSE:KMB) for 20,328 shares. Moreover, Exxonmobil Inv Mgmt Tx has 0.17% invested in Kimberly-Clark Corporation (NYSE:KMB). Quantbot Tech LP stated it has 0.06% in Kimberly-Clark Corporation (NYSE:KMB). Td Asset Mgmt holds 0.1% or 578,642 shares in its portfolio. Bankshares owns 15,913 shares or 0.19% of their US portfolio.

More news for Kimberly-Clark Corporation (NYSE:KMB) were recently published by: Seekingalpha.com, which released: “Dividend Growth Stocks In A Stealth Bear Market! Kimberly-Clark Corporation: Part 2” on May 30, 2018. Seekingalpha.com‘s article titled: “Should You Buy Kimberly-Clark? It Depends” and published on June 10, 2018 is yet another important article.

Virtu Financial Llc, which manages about $1.86B US Long portfolio, upped its stake in Chevron Corp New (NYSE:CVX) by 6,199 shares to 26,205 shares, valued at $2.99M in 2018Q1, according to the filing. It also increased its holding in Rockwell Collins Inc (NYSE:COL) by 4,334 shares in the quarter, for a total of 6,154 shares, and has risen its stake in Teleflex Inc (NYSE:TFX).

Analysts await Kimberly-Clark Corporation (NYSE:KMB) to report earnings on July, 24. They expect $1.62 EPS, up 8.72% or $0.13 from last year’s $1.49 per share. KMB’s profit will be $565.92 million for 15.45 P/E if the $1.62 EPS becomes a reality. After $1.71 actual EPS reported by Kimberly-Clark Corporation for the previous quarter, Wall Street now forecasts -5.26% negative EPS growth.

Since January 29, 2018, it had 1 insider purchase, and 3 insider sales for $2.93 million activity. Melucci Jeffrey P. sold $34,970 worth of Kimberly-Clark Corporation (NYSE:KMB) on Tuesday, May 29. 23,158 Kimberly-Clark Corporation (NYSE:KMB) shares with value of $2.77 million were sold by Underhill Kimberly K. On Tuesday, April 24 DECHERD ROBERT W bought $200,100 worth of Kimberly-Clark Corporation (NYSE:KMB) or 2,000 shares.

Among 20 analysts covering Kimberly-Clark (NYSE:KMB), 2 have Buy rating, 6 Sell and 12 Hold. Therefore 10% are positive. Kimberly-Clark had 65 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Kimberly-Clark Corporation (NYSE:KMB) has “Sell” rating given on Wednesday, July 12 by UBS. JP Morgan maintained it with “Underweight” rating and $86 target in Tuesday, April 24 report. RBC Capital Markets maintained Kimberly-Clark Corporation (NYSE:KMB) rating on Friday, June 30. RBC Capital Markets has “Hold” rating and $12100 target. The firm has “Sell” rating given on Monday, December 11 by Citigroup. The stock has “Hold” rating by RBC Capital Markets on Monday, November 13. On Tuesday, July 21 the stock rating was initiated by Sterne Agee CRT with “Neutral”. The stock of Kimberly-Clark Corporation (NYSE:KMB) earned “Neutral” rating by Citigroup on Friday, August 11. The stock has “Hold” rating by RBC Capital Markets on Friday, March 24. The rating was maintained by RBC Capital Markets on Friday, May 26 with “Hold”. The firm earned “Buy” rating on Tuesday, September 15 by Deutsche Bank.

Analysts await EPAM Systems, Inc. (NYSE:EPAM) to report earnings on August, 2. They expect $0.79 EPS, up 23.44% or $0.15 from last year’s $0.64 per share. EPAM’s profit will be $42.19 million for 37.96 P/E if the $0.79 EPS becomes a reality. After $0.82 actual EPS reported by EPAM Systems, Inc. for the previous quarter, Wall Street now forecasts -3.66% negative EPS growth.

Among 20 analysts covering EPAM Systems (NYSE:EPAM), 18 have Buy rating, 0 Sell and 2 Hold. Therefore 90% are positive. EPAM Systems had 53 analyst reports since August 6, 2015 according to SRatingsIntel. Barclays Capital upgraded EPAM Systems, Inc. (NYSE:EPAM) on Friday, May 6 to “Overweight” rating. KeyBanc Capital Markets maintained EPAM Systems, Inc. (NYSE:EPAM) on Monday, May 7 with “Overweight” rating. Berenberg initiated EPAM Systems, Inc. (NYSE:EPAM) on Friday, April 15 with “Buy” rating. As per Friday, August 4, the company rating was maintained by Barclays Capital. Stifel Nicolaus maintained the stock with “Buy” rating in Friday, February 16 report. On Thursday, October 12 the stock rating was maintained by Cowen & Co with “Buy”. The firm earned “Buy” rating on Thursday, March 9 by Monness Crespi. The stock of EPAM Systems, Inc. (NYSE:EPAM) has “Buy” rating given on Thursday, August 17 by Jefferies. The stock of EPAM Systems, Inc. (NYSE:EPAM) earned “Buy” rating by UBS on Friday, August 4. The rating was maintained by KeyBanc Capital Markets with “Buy” on Tuesday, September 12.

Since February 22, 2018, it had 0 insider buys, and 5 sales for $3.25 million activity. On Tuesday, May 22 the insider Shekhter Elaina sold $830,641. Shares for $251,140 were sold by Vargo Ronald P on Thursday, June 14. The insider Mayoras Richard Michael sold $286,800. Harman Jason had sold 11,932 shares worth $1.48 million on Friday, June 15.

Driehaus Capital Management Llc, which manages about $12.71B and $2.83B US Long portfolio, upped its stake in Eversource Energy by 13,100 shares to 19,100 shares, valued at $1.13M in 2018Q1, according to the filing. It also increased its holding in Adtalem Global Education Inc by 18,541 shares in the quarter, for a total of 64,418 shares, and has risen its stake in Synopsys Inc (NASDAQ:SNPS).

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

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