Shares in IBM (IBM) Purchased by Stony Point Wealth Management Inc


Shares in IBM (IBM) Purchased by Stony Point Wealth Management Inc

DekaBank Deutsche Girozentrale owned about 0.05% of IBM worth $68,008,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 56.85% of the company's stock. The company's quarterly revenue was up 5.1% compared to the same quarter last year. research analysts forecast that IBM will post 13.83 earnings per share for the current year. Amundi Pioneer Asset Management Inc. bought a new stake in shares of IBM in the fourth quarter valued at $247,541,000. SevenBridge Financial Group LLC grew its stake in IBM by 315.8% in the 4th quarter. Legal & General Group Plc now owns 4,929,973 shares of the technology company's stock valued at $715,252,000 after purchasing an additional 119,747 shares during the period. Finally, Zacks Investment Research cut shares of IBM from a "hold" rating to a "sell" rating in a research note on Wednesday, April 11th. Canada Pension Plan Investment Board now owns 1,287,090 shares of the technology company's stock valued at $186,731,000 after buying an additional 786,749 shares during the period. Company insiders own 0.17% of the company's stock.

A number of analysts have recently weighed in on IBM shares. Finally, ValuEngine cut shares of IBM from a "buy" rating to a "hold" rating in a research report on Wednesday, May 2nd. JPMorgan Chase reaffirmed a "neutral" rating on shares of IBM in a report on Wednesday, April 18th. The stock of International Business Machines Corporation (NYSE:IBM) has "Buy" rating given on Thursday, January 18 by Bank of America. They noted that the move was a valuation call. The stock of International Business Machines Corporation (NYSE:IBM) earned "Buy" rating by Morgan Stanley on Wednesday, October 18. Pivotal Research set a $180.00 price target on IBM and gave the company a "buy" rating in a research note on Monday, April 16th. Seven research analysts have rated the stock with a sell rating, fourteen have given a hold rating and ten have issued a buy rating to the stock. The stock now has a consensus rating of "Hold" and an average target price of $166.90. The company has a quick ratio of 1.33, a current ratio of 1.37 and a debt-to-equity ratio of 2.21. The company has market cap of $131.65 billion. IBM has a 12-month low of $144.33 and a 12-month high of $145.12.

IBM (NYSE:IBM) last issued its quarterly earnings results on Tuesday, April 17th. The technology company reported $2.45 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $2.42 by $0.03. A statistical measure of the dispersion of returns (volatility) for IBM producing salvation in Investors mouth, it has week volatility of 0.95% and for the month booked as 1.52%. During the same quarter in the previous year, the business posted $2.35 EPS. Capital Analysts LLC now owns 1,129 shares of the technology company's stock valued at $125,000 after acquiring an additional 566 shares in the last quarter.

(WERN) price hitting a mean target of $42.38 a share, meaning the stock still has potential that could lift the price another 14.08% Also, the recent close suggests the stock is underpriced by 42.66% compared to the most bullish target. Lipe & Dalton invested in 0.15% or 1,442 shares. This represents a $6.28 annualized dividend and a dividend yield of 4.36%.

Northstar Investment Advisors Llc increased its stake in Ibm (IBM) by 14.25% based on its latest 2017Q4 regulatory filing with the SEC. More interesting news about International Business Machines Corporation (NYSE:IBM) were released by: Prnewswire.com and their article: "Thycotic Announces IBM Security to OEM Privileged Identity Management Technology" published on May 15, 2018 as well as Seekingalpha.com's news article titled: "IBM And Its Deceiving Dividend" with publication date: May 07, 2018. IBM's dividend payout ratio (DPR) is 45.51%.

In other IBM news, insider Diane J. Gherson sold 5,000 shares of the firm's stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $156.00, for a total transaction of $780,000.00. Following the completion of the transaction, the insider now directly owns 20,581 shares of the company's stock, valued at approximately $3,210,636. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

In other news, insider Erich Clementi sold 13,000 shares of IBM stock in a transaction that occurred on Friday, February 23rd. The shares were sold at an average price of $154.66, for a total transaction of $2,010,580.00. The disclosure for this sale can be found here. After the giving short look at one day return of International Business Machines Corporation it is observed that IBM reported negative return of -0.07% in last trading session. Its Cognitive Solutions segment offers Watson, a cognitive computing platform that interacts in natural language, processes big data, and learns from interactions with people and computers.