Capital International Ltd. CA Has $4.56 Million Stock Position in EPAM Systems, Inc. $EPAM

Capital International Ltd. CA lifted its stake in EPAM Systems, Inc. (NYSE:EPAMFree Report) by 74.3% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 22,269 shares of the information technology services provider’s stock after purchasing an additional 9,495 shares during the quarter. Capital International Ltd. CA’s holdings in EPAM Systems were worth $4,562,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Asset Management One Co. Ltd. boosted its position in shares of EPAM Systems by 2.5% in the 4th quarter. Asset Management One Co. Ltd. now owns 2,074 shares of the information technology services provider’s stock valued at $439,000 after purchasing an additional 51 shares during the period. Rothschild Investment LLC boosted its position in shares of EPAM Systems by 51.4% in the 4th quarter. Rothschild Investment LLC now owns 159 shares of the information technology services provider’s stock valued at $33,000 after purchasing an additional 54 shares during the period. Horizon Investments LLC boosted its position in shares of EPAM Systems by 6.4% in the 4th quarter. Horizon Investments LLC now owns 928 shares of the information technology services provider’s stock valued at $190,000 after purchasing an additional 56 shares during the period. MassMutual Private Wealth & Trust FSB boosted its position in shares of EPAM Systems by 34.9% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 232 shares of the information technology services provider’s stock valued at $48,000 after purchasing an additional 60 shares during the period. Finally, CVA Family Office LLC boosted its position in shares of EPAM Systems by 25.1% in the 4th quarter. CVA Family Office LLC now owns 309 shares of the information technology services provider’s stock valued at $63,000 after purchasing an additional 62 shares during the period. Institutional investors and hedge funds own 91.58% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the company. Wells Fargo & Company decreased their price target on EPAM Systems from $195.00 to $151.00 and set an “overweight” rating for the company in a research report on Friday, May 8th. Mizuho increased their price target on EPAM Systems from $199.00 to $200.00 and gave the company an “outperform” rating in a research report on Monday, March 16th. Guggenheim decreased their price target on EPAM Systems from $225.00 to $200.00 and set a “buy” rating for the company in a research report on Monday, May 4th. TD Cowen decreased their price target on EPAM Systems from $220.00 to $213.00 and set a “buy” rating for the company in a research report on Monday, April 6th. Finally, Weiss Ratings lowered EPAM Systems from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, May 7th. Seven analysts have rated the stock with a Buy rating, six have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $152.00.

View Our Latest Stock Report on EPAM Systems

EPAM Systems Trading Up 0.2%

Shares of NYSE EPAM opened at $98.23 on Monday. EPAM Systems, Inc. has a one year low of $89.25 and a one year high of $222.53. The firm has a market capitalization of $5.13 billion, a PE ratio of 14.09, a PEG ratio of 0.90 and a beta of 1.41. The company has a current ratio of 2.67, a quick ratio of 2.67 and a debt-to-equity ratio of 0.05. The business has a 50-day moving average price of $114.84 and a two-hundred day moving average price of $159.15.

EPAM Systems (NYSE:EPAMGet Free Report) last announced its quarterly earnings data on Wednesday, May 6th. The information technology services provider reported $2.86 EPS for the quarter, topping analysts’ consensus estimates of $2.75 by $0.11. EPAM Systems had a return on equity of 14.71% and a net margin of 6.96%.The firm had revenue of $1.40 billion during the quarter, compared to analyst estimates of $1.39 billion. During the same period last year, the company posted $2.41 EPS. The business’s quarterly revenue was up 7.6% compared to the same quarter last year. As a group, analysts predict that EPAM Systems, Inc. will post 10.4 earnings per share for the current fiscal year.

EPAM Systems Company Profile

(Free Report)

EPAM Systems, Inc is a global provider of digital platform engineering and software development services. The company partners with clients across industries—such as financial services, healthcare, retail, and technology—to design, develop, and maintain complex software applications and digital experiences. EPAM’s offerings include custom software development, application management, infrastructure management, quality assurance, and testing services, enabling organizations to accelerate digital transformation and enhance operational efficiency.

In addition to its core engineering capabilities, EPAM delivers a range of specialized services, including product design and consulting, data and analytics, cloud computing, DevOps, and cybersecurity.

Further Reading

Want to see what other hedge funds are holding EPAM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for EPAM Systems, Inc. (NYSE:EPAMFree Report).

Institutional Ownership by Quarter for EPAM Systems (NYSE:EPAM)

Receive News & Ratings for EPAM Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EPAM Systems and related companies with MarketBeat.com's FREE daily email newsletter.