Putnam Managed Municipal Income Trust (NYSE:PMM) Institutional Investors Q1 2018 Sentiment

June 17, 2018 - By Linda Rogers

Sentiment for Putnam Managed Municipal Income Trust (NYSE:PMM)

Putnam Managed Municipal Income Trust (NYSE:PMM) institutional sentiment decreased to 1.29 in 2018 Q1. Its down -0.52, from 1.81 in 2017Q4. The ratio worsened, as 27 institutional investors increased or opened new stock positions, while 21 cut down and sold their positions in Putnam Managed Municipal Income Trust. The institutional investors in our partner’s database reported: 6.58 million shares, up from 6.20 million shares in 2017Q4. Also, the number of institutional investors holding Putnam Managed Municipal Income Trust in their top 10 stock positions was flat from 1 to 1 for the same number . Sold All: 6 Reduced: 15 Increased: 15 New Position: 12.

The stock increased 0.29% or $0.02 during the last trading session, reaching $7.03. About 142,248 shares traded or 35.31% up from the average. Putnam Managed Municipal Income Trust (NYSE:PMM) has declined 4.99% since June 17, 2017 and is downtrending. It has underperformed by 17.56% the S&P500.

Robinson Capital Management Llc holds 2.5% of its portfolio in Putnam Managed Municipal Income Trust for 1.14 million shares. Goodwin Daniel L owns 101,112 shares or 0.35% of their US portfolio. Moreover, Twin Focus Capital Partners Llc has 0.22% invested in the company for 61,893 shares. The Washington-based Tradewinds Capital Management Llc has invested 0.16% in the stock. Newman Dignan & Sheerar Inc., a Rhode Island-based fund reported 37,488 shares.

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