International Business Machines Corporation (IBM)- Major Tech Stock of Recent Trade


01 February, 2018

It has underperformed by 91.03% the S&P500. International Business Machines Corporation (NYSE:IBM) earnings have declined with a quarterly rate of -5.1% over the last 5 years. The firm owned 86,361 shares of the technology company's stock after selling 6,000 shares during the quarter. Manchester Cap Mngmt reported 5,822 shares. Barclays raised International Business Machines from an "underweight" rating to an "overweight" rating and raised their price objective for the company from $133.00 to $192.00 in a research note on Wednesday, January 17th.

International Business Machines Corporation (IBM) lost -0.32% to reach $166.8 in the previous trading session. The fund owned 3,210 shares of the technology company's stock after purchasing an additional 1,592 shares during the period. Vetr downgraded International Business Machines Corporation from a "sell" rating to a "strong sell" rating and set a $152.23 price target for the a research report on Monday, April 17th. It has underperformed by 11.84% the S&P500.

A price target is the projected price level of a financial security stated by an investment analyst. The stock of International Business Machines Corporation (NYSE:IBM) earned "Neutral" rating by UBS on Wednesday, October 18. Therefore 61% are positive. International Business Machines has a 12-month low of $139.13 and a 12-month high of $182.79. The firm has "Hold" rating by Guggenheim given on Thursday, July 13. Stifel Nicolaus upgraded the stock to "Buy" rating in Wednesday, September 21 report. The rating was maintained by Piper Jaffray with "Buy" on Wednesday, October 11. The firm has "Buy" rating by Canaccord Genuity given on Friday, July 24. Wells Fargo initiated the shares of COF in report on Tuesday, October 10 with "Buy" rating.

Basically, a price target is an individual analyst's projection on the future price of a stock. While take a short look on price to sales ratio, that was 1.93 and price to earning ration of 27.28 attracting passive investors. Its up 0.12, from 1.03 in 2017Q2. It increased, as 51 investors sold COF shares while 241 reduced holdings.

Several research analysts have recently issued reports on IBM shares. Ironwood Management Ltd Liability Corp invested in 0.7% or 6,894 shares. Axa holds 301,356 shares. Horan Capital Advisors LLC. bought a new position in International Business Machines during the third quarter worth $136,000. RBC Capital Markets maintained International Business Machines Corporation (NYSE:IBM) rating on Tuesday, October 20. 9,000 shares were sold by Wilson Andrew, worth $978,201.

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On 5/16/2017 James W Owens, Director, bought 1,718 with an average share price of $153.19 per share and the total transaction amounting to $263,180.42. 3,727 are held by Federated Incorporated Pa. Employees Retirement Systems Of Texas has invested 0.01% in Henry Schein, Inc. Sigma Planning Corporation accumulated 14,327 shares or 0.17% of the stock. The legal version of this article can be read at 2,378 are held by Camelot Portfolios Lc. Moreover, Loomis Sayles & Limited Partnership has 0% invested in Electronic Arts Inc. The average 1-year price target for (IBM) reveals an average price target of $170.32 per share. Investors measure stock performance on the basis of a company's earnings power. (NASDAQ:EA) shares. Bruzzo Chris also sold $177,155 worth of Electronic Arts Inc. 18,663 The Charles Schwab Corporation (NYSE:SCHW) shares with value of $1.01M were sold by MCLIN STEPHEN T.

Sterneck Capital Management Llc, which manages about $314.88M and $174.40M US Long portfolio, decreased its stake in Nuveen Municipal Credit Inc (NZF) by 122,997 shares to 61,737 shares, valued at $939,000 in 2017Q3, according to the filing.

Jackson Grant Investment Advisers Inc. increased its position in International Business Machines Corporation by 0.8% in the fourth quarter. Its up 0.02, from 0.72 in 2017Q2. It is positive, as 70 investors sold IBM shares while 676 reduced holdings. Nordea Investment Management AB raised its stake in shares of International Business Machines by 14.1% in the 3rd quarter. Employees Retirement Association Of Colorado accumulated 156,804 shares. Garde Cap reported 5,411 shares. Analysts anticipate that International Business Machines Corporation will post $13.74 earnings per share for the current year. Sadoff Mgmt Limited Liability Corp invested in 917,195 shares. Mason Street Advisors Ltd Liability Corporation reported 22,025 shares.

International Business Machines Corporation has distance from 20-day Simple Moving Average (SMA20) of 3.3%, Distance from 50-Day Simple Moving Average of SMA50 percent and Distance from 200-Day Simple Moving Average of 9.95%. Analysts have given a rating of 2.50 on company shares on a consensus basis. Forte Ltd Limited Liability Company Adv has invested 0.49% in International Business Machines Corporation (NYSE:IBM). This means that, when we account for International Business Machines's growth, the stock can be viewed as a bit overvalued, based on fundamental analysis. Odey Asset Management Group Inc Limited reported 28,875 shares. 4,138 are held by Chatham Capital Grp. International Business Machines Corporation (NYSE:IBM) has risen 4.86% since January 30, 2017 and is uptrending. Sei Investments holds 0.07% or 127,097 shares in its portfolio. CKW Financial Group lifted its holdings in International Business Machines by 0.3% in the second quarter.

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