/As International Business Machines (IBM) Share Value Rose, Palisade Asset Management Has Lowered Position; Autozone (AZO) Holder Churchill Management Has Boosted Holding (via Qpute.com)
AutoZone, Inc. (NYSE:AZO) Logo

As International Business Machines (IBM) Share Value Rose, Palisade Asset Management Has Lowered Position; Autozone (AZO) Holder Churchill Management Has Boosted Holding (via Qpute.com)


AutoZone, Inc. (NYSE:AZO) Logo

Palisade Asset Management Llc decreased its stake in International Business Machines Corp (IBM) by 3.26% based on its latest 2018Q4 regulatory filing with the SEC. Palisade Asset Management Llc sold 3,284 shares as the company’s stock rose 12.54% with the market. The institutional investor held 97,346 shares of the computer manufacturing company at the end of 2018Q4, valued at $11.07 million, down from 100,630 at the end of the previous reported quarter. Palisade Asset Management Llc who had been investing in International Business Machines Corp for a number of months, seems to be less bullish one the $125.25B market cap company. The stock increased 0.34% or $0.48 during the last trading session, reaching $140.75. About 116,869 shares traded. International Business Machines Corporation (NYSE:IBM) has declined 10.00% since May 1, 2018 and is downtrending. It has underperformed by 14.37% the S&P500. Some Historical IBM News: 30/03/2018 – IBM sees quantum computing going mainstream within five years; 15/05/2018 – Buffett told CNBC earlier this month the conglomerate had exited its holdings of International Business Machines and added 75 million shares of Apple in the quarter; 15/05/2018 – IBM has been investing heavily in blockchain, forging partnerships with the likes of Walmart, Nestle and Maersk; 17/04/2018 – After-hours buzz: IBM, ISRG, UAL & more; 04/05/2018 – Warren Buffett says Berkshire Hathaway has sold completely out of IBM; 22/03/2018 – Accenture has spent more than $3 billion over the last three, years nearly half of it in fiscal 2017 on some 70 acquisitions, to boost its digital and cloud services in order to compete better with Cognizant and IBM; 26/03/2018 – The CEOs of Apple and IBM think Facebook should see greater regulation in the wake of a data breach; 17/04/2018 – IBM 1Q OPERATING EPS $2.45, EST. $2.42; AFFIRMS YEAR VIEWS; 10/05/2018 – IBM Announces Collaboration with North Carolina State University to Accelerate Quantum Computing; 18/04/2018 – The “Mad Money” host mentions quarterly reports from rail company CSX, IBM and Morgan Stanley

Churchill Management Corp increased its stake in Autozone Inc (AZO) by 50.54% based on its latest 2018Q4 regulatory filing with the SEC. Churchill Management Corp bought 2,242 shares as the company’s stock rose 11.90% with the market. The institutional investor held 6,678 shares of the consumer services company at the end of 2018Q4, valued at $5.60M, up from 4,436 at the end of the previous reported quarter. Churchill Management Corp who had been investing in Autozone Inc for a number of months, seems to be bullish on the $25.68 billion market cap company. The stock increased 0.35% or $3.57 during the last trading session, reaching $1031.88. About 10,243 shares traded. AutoZone, Inc. (NYSE:AZO) has risen 40.93% since May 1, 2018 and is uptrending. It has outperformed by 36.56% the S&P500.

More notable recent International Business Machines Corporation (NYSE:IBM) news were published by: Seekingalpha.com which released: “IBM cutting Watson for Drug Discovery – STAT (update) – Seeking Alpha” on April 18, 2019, also Investorplace.com with their article: “5 Top Stock Trades for Thursday: DPZ, NFLX, IBM – Investorplace.com” published on April 17, 2019, Investorplace.com published: “IBM Stock Is On Its Last Legs — Sell, Sell, Sell! – Investorplace.com” on April 11, 2019. More interesting news about International Business Machines Corporation (NYSE:IBM) were released by: Fool.com and their article: “3 Things to Watch in the Stock Market This Week – The Motley Fool” published on April 14, 2019 as well as Investorideas.com‘s news article titled: “CryptoCorner: Market Stays Strong Over Weekend, Kleinwort Hambros Issues Blockchain ETN, IBM (NYSE: $IBM) and Accenture (NYSE: $ACN) Patent Blockchain Solutions – InvestorIdeas.com” with publication date: April 08, 2019.

Investors sentiment decreased to 0.59 in 2018 Q4. Its down 0.32, from 0.91 in 2018Q3. It dropped, as 129 investors sold IBM shares while 678 reduced holdings. 121 funds opened positions while 353 raised stakes. 523.62 million shares or 6.28% more from 492.69 million shares in 2018Q3 were reported. Willingdon Wealth Mgmt has invested 1.2% in International Business Machines Corporation (NYSE:IBM). Triangle Secs Wealth reported 2,116 shares. American Asset Management owns 1,816 shares. First Natl Tru Communications has invested 0.23% in International Business Machines Corporation (NYSE:IBM). Baldwin Brothers Ma, a Massachusetts-based fund reported 7,861 shares. Bonness Enterprise Inc has 29,464 shares. Commonwealth Of Pennsylvania Pub School Empls Retrmt owns 0.11% invested in International Business Machines Corporation (NYSE:IBM) for 49,578 shares. Mai Capital Management has 9,845 shares for 0.07% of their portfolio. Natl Tx holds 0.11% or 16,962 shares. Livingston Group Asset Mngmt (Operating As Southport Cap Management) has 0.47% invested in International Business Machines Corporation (NYSE:IBM) for 8,203 shares. Aspen Invest Mgmt stated it has 0.21% of its portfolio in International Business Machines Corporation (NYSE:IBM). Tdam Usa Inc accumulated 44,955 shares. Smithfield Tru reported 19,492 shares stake. Arizona-based Ironwood Investment Counsel Llc has invested 1.08% in International Business Machines Corporation (NYSE:IBM). Art Advisors Limited Liability has 25,973 shares for 0.19% of their portfolio.

Palisade Asset Management Llc, which manages about $645.77 million and $681.52M US Long portfolio, upped its stake in Xcel Energy Inc (NYSE:XEL) by 7,719 shares to 96,908 shares, valued at $4.78 million in 2018Q4, according to the filing. It also increased its holding in United Technologies Corp (NYSE:UTX) by 3,002 shares in the quarter, for a total of 100,555 shares, and has risen its stake in Baxter International Inc (NYSE:BAX).

Investors sentiment increased to 0.98 in 2018 Q4. Its up 0.15, from 0.83 in 2018Q3. It is positive, as 38 investors sold AZO shares while 193 reduced holdings. 93 funds opened positions while 133 raised stakes. 26.57 million shares or 17.59% more from 22.60 million shares in 2018Q3 were reported. Bailard accumulated 0.1% or 1,678 shares. 5,883 are owned by Highstreet Asset Management. Shelton Mngmt holds 275 shares or 0.02% of its portfolio. Utah Retirement holds 0.09% or 4,864 shares. Legacy Private Trust reported 495 shares or 0.05% of all its holdings. Investec Asset Mgmt North America reported 1.86% in AutoZone, Inc. (NYSE:AZO). Burgundy Asset Limited holds 445,235 shares or 3.99% of its portfolio. Leuthold Grp Limited Co invested in 4,972 shares or 0.6% of the stock. Commonwealth Of Pennsylvania School Empls Retrmt, Pennsylvania-based fund reported 1,376 shares. Bb&T holds 311 shares. Hennessy Advisors holds 0.15% in AutoZone, Inc. (NYSE:AZO) or 3,700 shares. Moreover, Gemmer Asset Mngmt Ltd Liability has 0.01% invested in AutoZone, Inc. (NYSE:AZO) for 33 shares. Cetera Llc holds 255 shares. First Midwest State Bank Division has invested 0.11% of its portfolio in AutoZone, Inc. (NYSE:AZO). 193,126 were accumulated by Bancorp Of New York Mellon.

Since November 2, 2018, it had 0 insider purchases, and 8 sales for $50.48 million activity. GRIFFIN RONALD B sold $17.74 million worth of stock. The insider Halsell Rodney C. sold 5,387 shares worth $4.05M. Hackney William R. sold $4.96M worth of AutoZone, Inc. (NYSE:AZO) on Friday, December 7. On Thursday, December 13 HURTADO DOMINGO sold $524,286 worth of AutoZone, Inc. (NYSE:AZO) or 590 shares. Shares for $1.33M were sold by Wright Kristen C. on Friday, December 14. 3,000 shares valued at $2.65M were sold by MCKENNA WILLIAM ANDREW on Thursday, December 13.

More notable recent AutoZone, Inc. (NYSE:AZO) news were published by: Fool.com which released: “Why Isn’t AutoZone’s Stock Doing Better? – Motley Fool” on September 21, 2018, also Zacks.com with their article: “What’s in the Cards for AutoZone (AZO) in Q1 Earnings? – Zacks.com” published on November 29, 2018, Zacks.com published: “Why Is AutoZone (AZO) Down 5.3% Since Last Earnings Report? – Zacks.com” on October 18, 2018. More interesting news about AutoZone, Inc. (NYSE:AZO) were released by: Benzinga.com and their article: “Sell-Side Raise AutoZone Price Targets Following Big Earnings Beat (NYSE:AZO) – Benzinga” published on February 27, 2019 as well as Zacks.com‘s news article titled: “AutoZone (AZO) in Focus: Stock Moves 5.1% Higher – Zacks.com” with publication date: February 27, 2019.

AutoZone, Inc. (NYSE:AZO) Institutional Positions Chart

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