Published: Thu, January 18, 2018
Hi-Tech | By Grace Becker

International Business Machines Corporation (IBM)

International Business Machines Corporation (IBM)

The institutional investor held 1.12 million shares of the capital goods company at the end of 2017Q3, valued at $37.25M, down from 1.45M at the end of the previous reported quarter. Penobscot Investment Management Company Inc who had been investing in Intl Business Machs for a number of months, seems to be less bullish one the $156.26B market cap company.

Cerner Corporation (NASDAQ:CERN) [Trend Analysis] in recent session share price swings at $70.28 with change of -0.48%.

The company's ATR (Average True Range) is 7.98.

Following trading activity for International Business Machines Corporation (NYSE:IBM), we can see that the stock has moved onto today's list of most actives. It has underperformed by 12.01% the S&P500.

Altfest L J & Company Inc increased its stake in Amazon Com Inc (AMZN) by 48.71% based on its latest 2017Q3 regulatory filing with the SEC. On Monday, July 31 Smith Gregory D sold $4.85 million worth of The Boeing Company (NYSE:BA) or 19,757 shares. Goldman Sachs Group set a $170.00 price objective on International Business Machines and gave the company a "neutral" rating in a research report on Wednesday, October 18th. Merriman Wealth Management Llc who had been investing in Vodafone Group Plc New for a number of months, seems to be less bullish one the $80.30B market cap company.

The stock increased 2.93% or $4.8 during the last trading session, reaching $168.65.

The company during the last trade was able to reach a volume of 11.64 million shares. TransCanada Corporation (NYSE:TRP) has risen 15.03% since January 18, 2017 and is uptrending. It has outperformed by 24.43% the S&P500. Therefore 39% are positive. The rating was maintained by Bank of America with "Buy" on Wednesday, July 19. Bernstein maintained International Business Machines Corporation (NYSE:IBM) rating on Tuesday, July 19. UBS maintained the stock with "Neutral" rating in Wednesday, October 18 report. RBC Capital Markets maintained it with "Sector Perform" rating and $180 target in Wednesday, April 19 report. The firm has "Market Perform" rating given on Friday, November 20 by JMP Securities. The rating was maintained by KeyBanc Capital Markets on Tuesday, August 22 with "Hold". The firm has "Hold" rating given on Thursday, October 12 by RBC Capital Markets. As per Tuesday, August 16, the company rating was initiated by Oppenheimer. Oarsman Capital Inc has 6,344 shares for 0.39% of their portfolio. It also reduced its holding in Cdk Global Inc (NASDAQ:CDK) by 11,100 shares in the quarter, leaving it with 34,700 shares, and cut its stake in Hollyfrontier Corp (NYSE:HFC).

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Investors sentiment increased to 0.74 in 2017 Q3. Its down 0.05, from 0.86 in 2017Q2.

Other hedge funds have also recently made changes to their positions in the company. Stifel Nicolaus reaffirmed a "buy" rating and set a $182.00 target price on shares of International Business Machines in a report on Friday, October 6th. Wendell David stated it has 10,574 shares or 0.27% of all its holdings. According to Finviz reported data, the stock now has Earnings per Share (EPS) (ttm) of $0.81. Cibc Asset Management Incorporated reported 65,072 shares. Zacks have been tracking these sell-side analyst estimates for more than 25 years, creating consensus EPS estimates.

International Business Machines (NYSE IBM) traded up $0.71 during trading hours on Thursday, hitting $169.36. International Business Machines Corporation (NYSE:IBM) has experienced an average volume of 4313214. International Business Machines has a consensus rating of "Hold" and an average target price of $163.32. 1,287 were reported by Tarbox Family Office.

Looking at some moving average levels on shares of Greenway Design Gp (GDGI), the 200-day is at 0.00, the 50-day is 0.00, and the 7-day is sitting at 0.00. Strs Ohio holds 15,800 shares or 0% of its portfolio. 2,956 were reported by Mirador Capital Ptnrs Lp. Company insiders own 0.08% of the company's stock.

Past 5 years growth of IBM observed at -1.00%, and for the next five years the analysts that follow this company is expecting its growth at 2.34%. WYNN's profit will be $135.67M for 33.11 P/E if the $1.32 EPS becomes a reality. The firm owned 41,580 shares of the technology company's stock after selling 634 shares during the period.

Investors sentiment decreased to 1.26 in 2017 Q3. A stock with a beta between 0.0 and 1.0 has smaller ups and downs. 165 funds opened positions while 367 raised stakes. Montecito National Bank Trust reported 5,657 shares stake. IBM is headquartered in Armonk, New York. 9,785 were accumulated by C M Bidwell & Assocs Limited. Bancorporation Of Montreal Can stated it has 0.56% of its portfolio in The Boeing Company (NYSE:BA). The shares of KEMET Corporation (NYSE:KEM), has jumped by 16.20% year to date as of 01/17/2018. Gillespie Robinson And Grimm, Connecticut-based fund reported 2,511 shares. Norman Fields Gottscho Capital Ltd Liability Co owns 7,563 shares. State Treasurer State Of Michigan owns 47,300 shares or 0.01% of their USA portfolio. Prentiss Smith And has 1,706 shares for 0.15% of their portfolio. Donaldson Capital Mgmt Ltd Liability Com owns 133,421 shares for 2.03% of their portfolio. The Ohio-based Johnson Counsel Inc has invested 0.07% in The Boeing Company (NYSE:BA). Arizona State Retirement System owns 71,295 shares. The RMR Group Inc.

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