Gyroscope Capital Management Group Has Lifted By $5.63 Million Its International Business Machs (IBM) Position; Stage Stores (SSI) Has 0.7 Sentiment

January 13, 2018 - By Michael Collier

Gyroscope Capital Management Group Llc increased International Business Machs (IBM) stake by 785.23% reported in 2017Q3 SEC filing. Gyroscope Capital Management Group Llc acquired 38,798 shares as International Business Machs (IBM)’s stock declined 15.88%. The Gyroscope Capital Management Group Llc holds 43,739 shares with $6.35M value, up from 4,941 last quarter. International Business Machs now has $151.03B valuation. The stock decreased 0.65% or $1.06 during the last trading session, reaching $163.14. About 5.03 million shares traded. International Business Machines Corporation (NYSE:IBM) has risen 4.86% since January 13, 2017 and is uptrending. It has underperformed by 11.84% the S&P500.

Stage Stores, Inc. operates specialty department stores primarily in small and mid-sized towns and communities in the United States. The company has market cap of $48.35 million. The Company’s merchandise portfolio comprises moderately priced brand name and private label apparel, accessories, cosmetics, footwear, and home goods. It currently has negative earnings. The firm also offers merchandise direct-to-consumer through its e-commerce Website and send program.

Investors sentiment increased to 0.74 in 2017 Q3. Its up 0.02, from 0.72 in 2017Q2. It is positive, as 70 investors sold IBM shares while 676 reduced holdings. 100 funds opened positions while 451 raised stakes. 519.10 million shares or 2.22% less from 530.91 million shares in 2017Q2 were reported. Highbridge Ltd Liability Corp reported 3,090 shares. Moreover, Cipher Capital LP has 0.44% invested in International Business Machines Corporation (NYSE:IBM). 129,707 are held by Brown Brothers Harriman &. Maryland Capital Mgmt owns 5,070 shares. Bessemer Gru reported 0.03% in International Business Machines Corporation (NYSE:IBM). Dnb Asset Mngmt As invested in 0.88% or 457,536 shares. Etrade Mngmt Limited Co accumulated 1,670 shares. Cutler Invest Counsel Ltd Company holds 0.07% or 2,162 shares. Tirschwell & Loewy Inc owns 8,594 shares for 0.19% of their portfolio. Harvest has 0.13% invested in International Business Machines Corporation (NYSE:IBM). Independent Investors Inc has 1.13% invested in International Business Machines Corporation (NYSE:IBM) for 18,700 shares. Osborne Prtn Cap Management Limited Liability Corp accumulated 33,777 shares. First Hawaiian Savings Bank holds 0.04% or 2,215 shares in its portfolio. Jacobs Levy Equity Mgmt owns 96,808 shares for 0.27% of their portfolio. Commonwealth Equity Serv Incorporated accumulated 0.36% or 415,309 shares.

Among 31 analysts covering International Business Machines (NYSE:IBM), 11 have Buy rating, 5 Sell and 15 Hold. Therefore 35% are positive. International Business Machines had 113 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Underweight” rating on Tuesday, October 18 by Barclays Capital. RBC Capital Markets maintained International Business Machines Corporation (NYSE:IBM) rating on Monday, November 13. RBC Capital Markets has “Hold” rating and $160.0 target. Jefferies maintained International Business Machines Corporation (NYSE:IBM) rating on Thursday, June 22. Jefferies has “Sell” rating and $13500 target. UBS maintained the shares of IBM in report on Tuesday, October 20 with “Neutral” rating. The company was maintained on Wednesday, October 12 by Credit Suisse. Stifel Nicolaus maintained International Business Machines Corporation (NYSE:IBM) rating on Tuesday, October 20. Stifel Nicolaus has “Buy” rating and $160 target. The firm has “Buy” rating by Argus Research given on Friday, July 21. Bernstein maintained it with “Market Perform” rating and $140 target in Tuesday, July 19 report. The stock has “Hold” rating by RBC Capital Markets on Thursday, October 12. The rating was maintained by Bank of America on Wednesday, July 19 with “Buy”.

The stock decreased 2.23% or $0.04 during the last trading session, reaching $1.75. About 171,436 shares traded. Stage Stores, Inc. (SSI) has declined 49.89% since January 13, 2017 and is downtrending. It has underperformed by 66.59% the S&P500.

Paradigm Capital Management Inc Ny holds 0.44% of its portfolio in Stage Stores, Inc. for 2.74 million shares. Capstone Financial Advisors Inc. owns 22,035 shares or 0.02% of their US portfolio. Moreover, Cubist Systematic Strategies Llc has 0.01% invested in the company for 77,290 shares. The United Kingdom-based Gsa Capital Partners Llp has invested 0.01% in the stock. Quinn Opportunity Partners Llc, a New York-based fund reported 35,000 shares.

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