International Business Machines Corp

International Business Machines Corp

Hamlin Capital Management Llc sold 324,154 shares as the company's stock rose 21.13% with the market. The hedge fund run by Aaron Cowen held 838,940 shares of the hotels and resorts company at the end of 2017Q3, valued at $92.50 million, down from 1.02 million at the end of the previous reported quarter. Neumann Capital Management Llc who had been investing in International Business Machs for a number of months, seems to be less bullish one the $155.12B market cap company. The stock increased 0.37% or $0.627 during the last trading session, reaching $169.277.

Cerner Corporation (NASDAQ:CERN) [Trend Analysis] in recent session share price swings at $70.28 with change of -0.48%. It is up 14.78% since January 18, 2017 and is uptrending.

Williams Jones & Associates Llc decreased International Business Machs C (IBM) stake by 27.35% reported in 2017Q3 SEC filing. Private Asset Management Inc sold 5,459 shares as the company's stock declined 15.88% while stock markets rallied.

The company's stock is now moving with a +ve distance from the 200 day SMA of approximately 10.62%, and has a solid year to date (YTD) performance of 9.93% which means that the stock is constantly adding to its value from the previous fiscal year end price. Company's distance from 20 day simple moving average is 7.11% and distance from 50-Day simple moving average is 9.27%. The Price Index 12m for International Business Machines Corporation (NYSE:IBM) is 1.01280. It has underperformed by 11.84% the S&P500.

Vetr raised shares of International Business Machines from a "hold" rating to a "buy" rating and set a $164.53 target price for the company in a report on Tuesday, October 24th. Therefore 35% are positive.

The EBITDA Yield for International Business Machines Corporation (NYSE:IBM) is 0.085137. The firm earned "Hold" rating on Tuesday, July 19 by Deutsche Bank.

International Business Machines Corporation (NYSE:IBM) touched its 1-Year High price of $182.79 on 02/16/17 and its 1-Year Low price of $139.13 on 08/21/17. The stock of International Business Machines Corporation (NYSE:IBM) has "Sector Perform" rating given on Friday, January 15 by RBC Capital Markets. Sol Cap Mngmt Com, Maryland-based fund reported 7,838 shares. Morgan Stanley upgraded International Business Machines Corporation (NYSE:IBM) on Thursday, February 18 to "Overweight" rating. Finally, Societe Generale set a $152.00 target price on International Business Machines and gave the stock a "sell" rating in a research note on Friday, January 12th. On Tuesday, July 11 the stock rating was maintained by RBC Capital Markets with "Hold". UBS maintained International Business Machines Corporation (NYSE:IBM) on Wednesday, July 19 with "Hold" rating.

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Investors sentiment increased to 0.74 in Q3 2017. Its down 0.24, from 1.48 in 2017Q2. "(IBM) Shares Sold by TCW Group Inc." was first reported by Registrar Journal and is the sole property of of Registrar Journal.

Other hedge funds have also made changes to their positions in the company. Flippin Bruce & Porter Inc. now owns 85,378 shares of the technology company's stock worth $13,134,000 after acquiring an additional 4,956 shares during the period. Freestone Ltd invested in 0.18% or 17,311 shares.

International Business Machines (NYSE:IBM) last posted its quarterly earnings data on Tuesday, October 17th. Bridgeway Cap Mgmt stated it has 242,800 shares or 0.09% of all its holdings. Axa holds 0.54% or 860,110 shares in its portfolio. Archford Strategies Lc has 13,954 shares. (NYSE:MDC). Pacad Inv Ltd reported 4,300 shares or 0.03% of all its holdings. Texas Permanent School Fund invested 0.45% of its portfolio in International Business Machines Corporation (NYSE:IBM). Legal & General Grp Public Limited Liability Corporation holds 0% or 235,596 shares.

Shares of International Business Machines (NYSE IBM) opened at $168.65 on Wednesday. Moreover, Piermont Capital Management Inc. has 0.4% invested in the company for 60,740 shares. Telemus Cap Llc stated it has 3,990 shares or 0.09% of all its holdings. 108.94 million shares or 0.89% less from 109.92 million shares in 2017Q2 were reported.

Neumann Capital Management Llc, which manages about $305.78M and $161.53 million US Long portfolio, upped its stake in Celgene Corp (NASDAQ:CELG) by 8,770 shares to 10,570 shares, valued at $1.54 million in 2017Q3, according to the filing.

Since July 31, 2017, it had 0 buys, and 3 insider sales for $9.62 million activity. Meeder Asset Management Inc reported 17,029 shares stake. About 3.30M shares traded. (NASDAQ:TRVN), its shares were trading at $1.72 a retreat of $-0.03, on the trading floor. MADDOX MATT had sold 42,900 shares worth $6.15 million. National Bank Canada downgraded Royal Gold, Inc. 21,451 shares were sold by Sinatra Kimmarie, worth $3.08 million. Analysts expect IBM to grow earnings at a 2.34% annual rate over the next 5 years. BGG's profit will be $9.85M for 29.33 P/E if the $0.23 EPS becomes a reality. The stock has "Buy" rating by Bank of America on Thursday, November 10. Therefore 0 are positive. The company was maintained on Wednesday, July 12 by Jefferies. On Wednesday, May 10 the stock rating was downgraded by Citigroup to "Neutral". Credit Suisse has "Underperform" rating and $110 target. As per Thursday, January 14, the company rating was downgraded by M Partners. Macquarie Research upgraded the stock to "Outperform" rating in Monday, October 19 report. The firm has "Buy" rating given on Friday, October 20 by Canaccord Genuity. It also reduced its holding in Rogers Corp (NYSE:ROG) by 20,389 shares in the quarter, leaving it with 130,645 shares, and cut its stake in Digitalglobe Inc (NYSE:DGI).

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