Traders Sell Shares of International Business Machines (IBM) on Strength (IBM)

Hugh Johnson Advisors LLC now owns 1,403 shares of the technology company's stock worth $216,000 after buying an additional 12 shares during the period. The institutional investor held 53,163 shares of the computer manufacturing company at the end of 2017Q3, valued at $7.71M, down from 99,603 at the end of the previous reported quarter. Vanguard Group Inc. boosted its position in International Business Machines by 3.7% during the 2nd quarter.

International Business Machines (NYSE IBM) traded up $1.00 during midday trading on Wednesday, reaching $152.50. The Freestone Capital Holdings Llc holds 17,311 shares with $2.51M value, up from 900 last quarter. The firm's revenue was down.4% compared to the same quarter last year. research analysts predict that International Business Machines Corp. will post 13.8 earnings per share for the current fiscal year. It has underperformed by 11.84% the S&P500.

Bender Robert & Associates increased its stake in Intuitive Surgical Inc (ISRG) by 188.18% based on its latest 2017Q3 regulatory filing with the SEC. Robecosam Ag sold 28,181 shares as the company's stock rose 8.51% with the market. The institutional investor held 10,007 shares of the capital goods company at the end of 2017Q3, valued at $1.25 million, up from 6,073 at the end of the previous reported quarter. Kahn Brothers Group Inc who had been investing in Ibm for a number of months, seems to be less bullish one the $141.18 billion market cap company. The stock increased 0.72% or $1.11 during the last trading session, reaching $155.75. About 572,238 shares traded. It has outperformed by 30.83% the S&P500.

Investors sentiment increased to 1.1 in 2017 Q3. Its up 0.02, from 0.72 in 2017Q2. It increased, as 70 investors sold IBM shares while 676 reduced holdings. 100 funds opened positions while 451 raised stakes. Atlantic Gp Llc holds 148,555 shares. (NYSE:ICE) for 9,069 shares. Jnba Financial reported 796 shares stake. Oak Assocs Ltd Oh holds 163,428 shares. Vestor Limited Liability stated it has 40,751 shares. Bancshares Of Nova Scotia reported 1.39M shares. Finally, Capital Analysts LLC increased its stake in International Business Machines Corp.by 5.5% in the fourth quarter. Patten Grp has invested 0.15% in International Business Machines Corporation (NYSE:IBM). Azimuth Cap Mgmt Limited Liability Corp has 1.49% invested in International Business Machines Corporation (NYSE:IBM) for 137,466 shares. Mairs & Pwr reported 171,092 shares.

International Business Machines Corporation (IBM) is a technology company. Palo Cap reported 26,825 shares. Liberty Cap Management owns 5,235 shares for 0.46% of their portfolio.


Among 21 analysts covering Occidental Petroleum Corporation (NYSE:OXY), 5 have Buy rating, 2 Sell and 14 Hold. Therefore 32% are positive. Stifel Nicolaus restated a buy rating and issued a $182.00 price target on shares of International Business Machines in a research report on Friday, October 6th. As per Monday, September 25, the company rating was maintained by KeyBanc Capital Markets. (NASDAQ:AMZN) on Wednesday, June 21 with "Buy" rating. The firm has "Sector Perform" rating by RBC Capital Markets given on Wednesday, April 19. The company was maintained on Tuesday, October 18 by Goldman Sachs. Moreover, Truenorth Inc has 0.18% invested in International Business Machines Corporation (NYSE:IBM) for 2,724 shares. Eight research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and six have assigned a buy rating to the stock. The stock has "Hold" rating by RBC Capital Markets on Thursday, August 31. Canaccord Genuity maintained the shares of ISRG in report on Wednesday, October 19 with "Buy" rating. The stock of International Business Machines Corporation (NYSE:IBM) earned "Buy" rating by Standpoint Research on Wednesday, July 19. UBS maintained the shares of IBM in report on Tuesday, October 20 with "Neutral" rating.

Analysts await Patrick Industries, Inc. They expect $1.94 EPS, up 25.97% or $0.40 from last year's $1.54 per share. IBM's profit would be $4.78 billion giving it 7.39 P/E if the $5.16 EPS is correct. After $0.54 actual EPS reported by A. O. Smith Corporation for the previous quarter, Wall Street now forecasts 3.70% EPS growth. Family Firm Incorporated holds 0.18% or 3,046 shares. About 1.59 million shares traded.

Keybank National Association, which manages about $16.86B US Long portfolio, upped its stake in Synchrony Finl (NYSE:SYF) by 75,828 shares to 404,322 shares, valued at $12.56M in 2017Q3, according to the filing. Intuitive Surgical, Inc. (NASDAQ:ISRG) has risen 39.52% since December 24, 2016 and is uptrending. (NASDAQ:ISRG) has "Overweight" rating given on Monday, January 4 by Morgan Stanley. Therefore 24% are positive. The firm has "Buy" rating by Drexel Hamilton given on Friday, July 14. The firm has "Perform" rating given on Tuesday, August 16 by Oppenheimer. On Monday, November 20 the stock rating was maintained by Nomura with "Buy". (NASDAQ:AMZN) rating on Tuesday, August 15. Robert W. Baird maintained A. O. Smith Corporation (NYSE:AOS) rating on Wednesday, October 4. JP Morgan has "Neutral" rating and $89 target. The stock of A. O. Smith Corporation (NYSE:AOS) has "Hold" rating given on Sunday, December 10 by Stifel Nicolaus. Barclays Capital maintained the shares of ICE in report on Tuesday, August 11 with "Overweight" rating. Rockland Trust Communications has invested 0.28% of its portfolio in International Business Machines Corporation (NYSE:IBM). Shareholders of record on Friday, November 10th were paid a $1.50 dividend. Its down 0.03, from 0.79 in 2017Q2. It is positive, as 36 investors sold AOS shares while 132 reduced holdings. 82 funds opened positions while 197 raised stakes. (NASDAQ:AMZN) or 2,077 shares. Choate Invest Advsr invested in 0.22% or 27,687 shares. Frontier Invest Mgmt has invested 0.02% in Tyler Technologies, Inc. Paloma has 0.02% invested in A. O. Smith Corporation (NYSE:AOS). Capital Analysts LLC now owns 726 shares of the technology company's stock worth $121,000 after buying an additional 38 shares in the last quarter.

More notable recent International Business Machines Corporation (NYSE:IBM) news were published by: Investorplace.com which released: "3 Reasons International Business Machines Corp". Hbk Lp reported 42,514 shares. Jfs Wealth Advsrs Limited Liability Company invested in 0.2% or 5,247 shares. Amer Svcs Incorporated accumulated 90,808 shares or 5.04% of the stock. Los Angeles Capital Mngmt & Equity Research stated it has 0.12% in A. O. Smith Corporation (NYSE:AOS). Netherlands-based Shell Asset has invested 0.08% in Discover Financial Services (NYSE:DFS). (NYSE:TYL). Johnson Inv Counsel owns 2,455 shares for 0.01% of their portfolio.

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