Vestor Capital Cut Its International Business Machine (IBM) Stake; Premier Asset Managment Has Increased By $606,645 Its International Business Machs (IBM) Stake

May 27, 2018 - By Clifton Ray

Premier Asset Managment Llc increased International Business Machs (IBM) stake by 46.43% reported in 2017Q4 SEC filing. Premier Asset Managment Llc acquired 3,965 shares as International Business Machs (IBM)’s stock declined 0.39%. The Premier Asset Managment Llc holds 12,505 shares with $1.92 million value, up from 8,540 last quarter. International Business Machs now has $131.86B valuation. The stock decreased 0.30% or $0.43 during the last trading session, reaching $143.64. About 4.91 million shares traded or 4.13% up from the average. International Business Machines Corporation (NYSE:IBM) has declined 12.58% since May 27, 2017 and is downtrending. It has underperformed by 24.13% the S&P500.

Vestor Capital Llc decreased International Business Machine (IBM) stake by 58.51% reported in 2017Q4 SEC filing. Vestor Capital Llc sold 23,845 shares as International Business Machine (IBM)’s stock declined 0.39%. The Vestor Capital Llc holds 16,906 shares with $2.59 million value, down from 40,751 last quarter. International Business Machine now has $131.86 billion valuation. The stock decreased 0.30% or $0.43 during the last trading session, reaching $143.64. About 4.91M shares traded or 4.13% up from the average. International Business Machines Corporation (NYSE:IBM) has declined 12.58% since May 27, 2017 and is downtrending. It has underperformed by 24.13% the S&P500.

Since January 31, 2018, it had 1 buy, and 2 sales for $2.69 million activity. $99,659 worth of International Business Machines Corporation (NYSE:IBM) was bought by WADDELL FREDERICK H on Wednesday, January 31. Another trade for 5,000 shares valued at $780,000 was sold by Gherson Diane J. Shares for $2.01 million were sold by Clementi Erich on Friday, February 23.

Among 33 analysts covering International Business Machines (NYSE:IBM), 13 have Buy rating, 4 Sell and 16 Hold. Therefore 39% are positive. International Business Machines had 129 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of International Business Machines Corporation (NYSE:IBM) earned “Sector Perform” rating by RBC Capital Markets on Friday, January 15. BMO Capital Markets maintained it with “Hold” rating and $16500 target in Tuesday, June 27 report. The stock of International Business Machines Corporation (NYSE:IBM) earned “Underperform” rating by Credit Suisse on Tuesday, July 19. As per Tuesday, October 20, the company rating was maintained by UBS. As per Wednesday, April 19, the company rating was downgraded by Societe Generale. The stock of International Business Machines Corporation (NYSE:IBM) has “Neutral” rating given on Wednesday, October 18 by UBS. Barclays Capital initiated the stock with “Underweight” rating in Wednesday, October 14 report. The firm earned “Overweight” rating on Tuesday, October 18 by Morgan Stanley. The stock of International Business Machines Corporation (NYSE:IBM) has “Underperform” rating given on Tuesday, July 19 by Jefferies. The stock of International Business Machines Corporation (NYSE:IBM) has “Buy” rating given on Thursday, January 18 by Bank of America.

More notable recent International Business Machines Corporation (NYSE:IBM) news were published by: Seekingalpha.com which released: “IBM will hire 1800 in France” on May 23, 2018, also Seekingalpha.com with their article: “IBM: Hiking The Dividend Will Not Help” published on May 23, 2018, Seekingalpha.com published: “IBM And Its Deceiving Dividend” on May 07, 2018. More interesting news about International Business Machines Corporation (NYSE:IBM) were released by: Benzinga.com and their article: “IBM CTO Tom Eck Shares Startup Pitch Advice At Benzinga Global Fintech Awards” published on May 16, 2018 as well as Seekingalpha.com‘s news article titled: “Berkshire Hathaway drops IBM” with publication date: May 04, 2018.

Investors sentiment increased to 1.03 in 2017 Q4. Its up 0.29, from 0.74 in 2017Q3. It improved, as 54 investors sold IBM shares while 604 reduced holdings. 156 funds opened positions while 519 raised stakes. 504.07 million shares or 2.90% less from 519.10 million shares in 2017Q3 were reported. Eastern National Bank has 8,882 shares for 0.09% of their portfolio. Genesee Valley Trust has 4,726 shares for 0.3% of their portfolio. Chemung Canal owns 22,539 shares or 0.76% of their US portfolio. Toth Fincl Advisory Corp accumulated 11,896 shares. Moreover, Hexavest has 1.23% invested in International Business Machines Corporation (NYSE:IBM). Barclays Public Limited Company has invested 0.28% of its portfolio in International Business Machines Corporation (NYSE:IBM). Saratoga & Invest Management owns 247,270 shares or 2.66% of their US portfolio. Bridges Inv Management Inc has invested 0.1% in International Business Machines Corporation (NYSE:IBM). 6,263 are owned by Plancorp Ltd Llc. Fincl Architects has invested 0.85% in International Business Machines Corporation (NYSE:IBM). Regent Investment Ltd accumulated 0.08% or 1,493 shares. Tiemann Inv Limited Liability Corp has 0.72% invested in International Business Machines Corporation (NYSE:IBM). Roosevelt Inv Group Inc Incorporated has invested 0.06% in International Business Machines Corporation (NYSE:IBM). Interocean Cap Ltd holds 0.25% or 12,252 shares. Appleton Prtnrs Ma reported 6,387 shares.

Analysts await International Business Machines Corporation (NYSE:IBM) to report earnings on July, 17. They expect $3.03 earnings per share, up 2.02% or $0.06 from last year’s $2.97 per share. IBM’s profit will be $2.78 billion for 11.85 P/E if the $3.03 EPS becomes a reality. After $2.45 actual earnings per share reported by International Business Machines Corporation for the previous quarter, Wall Street now forecasts 23.67% EPS growth.

Vestor Capital Llc increased Wisdomtree Tr Smallcap Div Fd (DES) stake by 33,656 shares to 49,529 valued at $1.44M in 2017Q4. It also upped Pepsico Inc (NYSE:PEP) stake by 6,110 shares and now owns 82,842 shares. Ishares Tr S&P 500 Index Fd (IVV) was raised too.

More notable recent International Business Machines Corporation (NYSE:IBM) news were published by: Seekingalpha.com which released: “IBM will hire 1800 in France” on May 23, 2018, also Seekingalpha.com with their article: “IBM: Hiking The Dividend Will Not Help” published on May 23, 2018, Seekingalpha.com published: “IBM And Its Deceiving Dividend” on May 07, 2018. More interesting news about International Business Machines Corporation (NYSE:IBM) were released by: Benzinga.com and their article: “IBM CTO Tom Eck Shares Startup Pitch Advice At Benzinga Global Fintech Awards” published on May 16, 2018 as well as Seekingalpha.com‘s news article titled: “Berkshire Hathaway drops IBM” with publication date: May 04, 2018.

Investors sentiment increased to 1.03 in 2017 Q4. Its up 0.29, from 0.74 in 2017Q3. It increased, as 54 investors sold IBM shares while 604 reduced holdings. 156 funds opened positions while 519 raised stakes. 504.07 million shares or 2.90% less from 519.10 million shares in 2017Q3 were reported. Kentucky Retirement Sys Trust Fund holds 0.59% of its portfolio in International Business Machines Corporation (NYSE:IBM) for 22,865 shares. Valmark Advisers reported 5,131 shares. Shufro Rose And Limited Liability Corp holds 0.24% in International Business Machines Corporation (NYSE:IBM) or 15,974 shares. Biltmore Wealth Management Ltd, Arizona-based fund reported 3,632 shares. Kistler holds 0.27% or 4,514 shares in its portfolio. Ameriprise Financial Incorporated holds 0.12% of its portfolio in International Business Machines Corporation (NYSE:IBM) for 1.73M shares. Garland Management Incorporated reported 2.83% stake. Prentiss Smith And reported 0.16% in International Business Machines Corporation (NYSE:IBM). Diversified Inv Strategies Limited holds 10,261 shares. Jp Marvel Advisors Ltd Limited Liability Company has invested 1.3% in International Business Machines Corporation (NYSE:IBM). Live Your Vision Limited Liability Corp has 564 shares for 0.03% of their portfolio. 2,831 are held by Fcg Advisors Ltd Liability Corp. Wealthtrust Axiom Lc stated it has 54,203 shares or 3.09% of all its holdings. Moreover, Pathstone Family Office Limited Liability Co has 0.1% invested in International Business Machines Corporation (NYSE:IBM) for 1,211 shares. Peapack Gladstone Fin holds 0.8% in International Business Machines Corporation (NYSE:IBM) or 96,806 shares.

Since January 31, 2018, it had 1 insider purchase, and 2 selling transactions for $2.69 million activity. 610 shares valued at $99,659 were bought by WADDELL FREDERICK H on Wednesday, January 31. Clementi Erich sold 13,000 shares worth $2.01M. $780,000 worth of stock was sold by Gherson Diane J on Monday, February 26.

Premier Asset Managment Llc decreased Unitedhealth Group Inc (NYSE:UNH) stake by 3,470 shares to 49,900 valued at $11.00 million in 2017Q4. It also reduced Vanguard Intl Equity Index F (VWO) stake by 17,950 shares and now owns 225,580 shares. Alexion Pharmaceuticals Inc (NASDAQ:ALXN) was reduced too.

International Business Machines Corporation (NYSE:IBM) Institutional Positions Chart

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