Published: Sat, October 14, 2017
Economy | By Annette Adams

International Business Machines Corporation (IBM) Shares Bought by Sei Investments Co


The technology company reported $2.97 earnings per share for the quarter, beating analysts' consensus estimates of $2.74 by $0.23. Microsoft Corp now has $594.00 billion valuation. Beta factor, which is used to measure risk associated with the stock, was 0.92. About 685,503 shares traded. PepsiCo, Inc. (NYSE:PEP) has risen 12.20% since October 13, 2016 and is uptrending. It has underperformed by 4.50% the S&P500. BMO Capital Markets maintained International Business Machines Corp. The stock declined 0.50% or $0.24 reaching $48.35 on the news. The Freestone Capital Holdings Llc holds 900 shares with $138,000 value, down from 17,345 last quarter. Ibm Corp now has $137.27B valuation. The stock rose 0.22% or $0.33 reaching $147.29 per share. After a recent check, it is observed that the insiders for the firm now own 0.10% shares. CKW Financial Group grew its stake in International Business Machines Corporation by 14.8% during the 1st quarter. (NYSE:IBM) for 3.74M shares. It has underperformed by 11.84% the S&P500.

The counter witnessed a trading volume of 3.3 million shares versus an average volume of 3.95 million shares during last trading session.

Analysts have given a mean recommendation of 2.80 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). Therefore 42% are positive.

International Business Machines Corporation (NYSE:IBM), stock is trading $182.79 above the 52-week high and has displayed a high EPS growth of -1.00% in last 5 years. Jefferies maintained PepsiCo, Inc. Wunderlich downgraded Jernigan Capital Inc (NYSE:JCAP) on Wednesday, April 6 to "Sell" rating. The firm has "Buy" rating by FBR Capital given on Tuesday, May 30. Morgan Stanley maintained the shares of IBM in report on Wednesday, July 19 with "Buy" rating. As per Tuesday, October 20, the company rating was maintained by UBS. This gauge is crucial in determining whether investors are moved toward the direction of buying more of the stock, or else doing the contradictory side and selling more of the stock. The stock of Concordia International Corp (NASDAQ:CXRX) earned "Hold" rating by GMP Securities on Monday, August 15. The rating was upgraded by Goldman Sachs on Friday, December 18 to "Neutral".

Investors sentiment decreased to 0.72 in 2017 Q2. Its down 0.25, from 0.97 in 2017Q1. The volume of IBM witnessed a shift from 3.7 million shares, based on a 50-day average, to 3.95 million shares. They expect this year's earnings to rise 1.4% year-over-year to $13.78, followed by 0.8% growth in the next year to $13.89. Community National Bank & Trust Na stated it has 130,353 shares. Gw Henssler & Assoc Ltd accumulated 2,365 shares. Virginia-based Burney Com has invested 0.79% in International Business Machines Corp. 6 of them rate its stock a hold. Old Natl Bankshares In holds 44,737 shares. Guyasuta Investment Advsrs has 113,695 shares for 2.1% of their portfolio. Prentiss Smith Inc holds 4,867 shares. Barrow Hanley Mewhinney & Strauss Ltd Liability Corp invested in 882,699 shares. (NYSE:PEP) or 94,015 shares. (NYSE:IBM) for 27,248 shares. Whereas, firm has insider ownership was declared as 0.10% and Insider transaction was recorded recently as 0.19%. Family Firm Incorporated holds 0.21% or 3,059 shares in its portfolio. (NYSE:IBM) earned "Buy" rating by Stifel Nicolaus on Friday, January 8. Community Financial Services Group Llc sold 36,270 shares as International Business Machines (IBM)'s stock declined 15.88%. It also upped Viacom Inc New (NASDAQ:VIAB) stake by 9,292 shares and now owns 495,000 shares. Its down 0.30, from 1.3 in 2017Q1.

Other institutional investors have also recently bought and sold shares of the company. 91 funds opened positions while 484 raised stakes. (NYSE:IBM). Diversified Strategies reported 10,884 shares or 1.61% of all its holdings. Foster & Motley Inc.'s holdings in International Business Machines Corporation were worth $2,880,000 at the end of the most recent reporting period. Opus Capital Gru Limited Liability Corp invested in 0.08% or 2,742 shares.

How is International Business Machines going to perform in the future? (NYSE:IBM). 1,580 are held by Kimelman & Baird Ltd Liability Corporation. Wharton Business Gru Ltd holds 2,225 shares or 0.04% of its portfolio. The Netherlands-based Pensionfund Dsm Netherlands has invested 0.9% in International Business Machines Corp.

International Business Machines Corporation (NYSE:IBM) last issued its quarterly earnings data on Tuesday, July 18th. (NYSE:IBM). Banced Corp accumulated 1,600 shares. Carroll Fin Assoc has invested 0.22% in International Business Machines Corp. S&P Research maintained it with "Buy" rating and $60 target in Friday, October 16 report. KeyBanc Capital Markets maintained International Business Machines Corp. (NYSE:IBM) for 20,879 shares.

Since May 16, 2017, it had 1 insider purchase, and 0 insider sales for $263,180 activity. Oppenheimer Asset Mngmt stated it has 0.29% in International Business Machines Corp.

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