Gateway Investment Advisers Llc sold 17,591 shares as International Business Machs (IBM)'s stock declined 15.88%. The Bell State Bank & Trust holds 36,253 shares with $5.58M value, up from 24,178 last quarter.
The SMA20 for the stock is at 1.73 percent, SMA50 stands at 2.01 percent, while SMA200 is -0.74 Percent. WEBNF's SI was 3.93M shares in December as released by FINRA. The stock of International Business Machines Corporation (NYSE:IBM) has "Sector Perform" rating given on Wednesday, April 19 by RBC Capital Markets. It has underperformed by 11.84% the S&P500. Eight analysts have rated the stock with a sell rating, seventeen have assigned a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the stock. Therefore 63% are positive. Analysts anticipate that traders could see stock price minimum in the $7 range (lowest target price). The firm has "Hold" rating given on Thursday, August 3 by Wedbush. The firm has "Buy" rating given on Wednesday, July 19 by Bank of America. Stifel Nicolaus maintained the stock with "Buy" rating in Tuesday, October 20 report. The firm has a market capitalization of $143.43 billion, a P/E ratio of 12.56 and a beta of 0.96. Livingston Group Inc Asset Mgmt Com (Operating As Southport Management) holds 0.77% or 11,385 shares. Horan Securities Inc. now owns 936 shares of the technology company's stock valued at $144,000 after acquiring an additional 837 shares during the period. Restaurant Brands Intl Inc was raised too.
FMR LLC lowered its stake in The Western Union Company (NYSE:WU) by 0.35% during the September 2017 quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. Its down 0.25, from 0.97 in 2017Q1.
A number of other large investors also recently added to or reduced their stakes in IBM.
Several hedge funds have recently made changes to their positions in IBM. After $2.24 actual earnings per share reported by Alaska Air Group, Inc. for the previous quarter, Wall Street now forecasts -55.36% negative EPS growth. Broderick Brian C owns 7,330 shares or 0.42% of their U.S. portfolio. Archford Capital Strategies Limited Liability Company holds 0% of its portfolio in International Business Machines Corporation (NYSE:IBM) for 27 shares. Tukman Grossman Cap Management owns 74,828 shares for 3.98% of their portfolio. Wolfe Research initiated the shares of GM in report on Tuesday, June 13 with "Hold" rating. Moreover, Citigroup Inc has 0% invested in the company for 267 shares. Vestor Capital Ltd Liability Company holds 34,067 shares or 1.27% of its portfolio. First Heartland Consultants invested in 4,415 shares. Burns J W And New York reported 5,991 shares or 0.25% of all its holdings. Edge Wealth Management LLC increased its stake in International Business Machines by 5.6% during the second quarter. Farmers And Merchants Invs Incorporated reported 47,125 shares. Pensionfund Dsm Netherlands has invested 0.9% of its portfolio in International Business Machines Corporation (NYSE:IBM). Currently, the stock has a 3 months average volume of 0.73 million. IBM's profit will be $4.79 billion for 7.45 P/E if the $5.17 EPS becomes a reality. Schroder Investment Management Group raised its holdings in International Business Machines by 14.9% during the 2nd quarter. UBS reaffirmed a "neutral" rating and set a $160.00 price objective (up from $152.00) on shares of International Business Machines in a report on Wednesday, October 18th. Therefore 32% are positive. As per Wednesday, July 19, the company rating was maintained by Morgan Stanley. As it maintains an improved rate with more EPSGR it is prone to be a good target. The company was maintained on Tuesday, August 22 by KeyBanc Capital Markets. Comparatively, International Business Machines Corporation posted earnings of $4.8 per share in the same quarter past year. The rating was maintained by Argus Research with "Buy" on Friday, July 21. The company was maintained on Tuesday, April 19 by Drexel Hamilton. Cortland Assoc Mo has invested 0.11% in International Business Machines Corporation (NYSE:IBM). BMO Capital Markets has "Hold" rating and $16500 target.
Investors sentiment decreased to 0.55 in 2017 Q2. Its up 0.30, from 0.97 in 2017Q1. It dived, as 43 investors sold Tuesday Morning Corporation shares while 24 reduced holdings. 44 funds opened positions while 96 raised stakes. Anchor Cap Advsrs Ltd Company, Massachusetts-based fund reported 1,555 shares. Panagora Asset invested in 0.15% or 237,348 shares. Deutsche Bank has "Hold" rating and $37 target. Cullen Capital Ltd invested in 0.01% or 2,665 shares. Wright Invsts Serv Incorporated holds 0.87% or 15,035 shares. Alexandria Capital Ltd Co owns 327 shares for 0% of their portfolio. Grace White has invested 0.71% of its portfolio in Tuesday Morning Corporation (NASDAQ:TUES). Capstone Advisors Ltd Liability Corporation holds 193,392 shares. IBM's asset turnover ratio is 0.71 and the company has financial leverage of 5.16. Short-term as well long term investors always focus on the liquidity of the stocks so for that concern, liquidity measure in recent quarter results of the company was recorded 0.00 as current ratio and on the opponent side the debt to equity ratio was 4.98 and long-term debt to equity ratio also remained 4.98. Deere & Company (DE) has a market cap of $47.56 billion and over the last 12 months, Deere & Company (NYSE:DE) has gone stronger by 45.78%. It operates approximately 720 stores in 40 states.
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