/Meyer Handelman Co Cut Ibm Com (IBM) Holding; Parke Bancorp (PKBK) Shorts Increased By 6.64% (via Qpute.com)
Parke Bancorp, Inc. (NASDAQ:PKBK) Logo

Meyer Handelman Co Cut Ibm Com (IBM) Holding; Parke Bancorp (PKBK) Shorts Increased By 6.64% (via Qpute.com)


Parke Bancorp, Inc. (NASDAQ:PKBK) Logo

Meyer Handelman Co decreased Ibm Corporation Com (IBM) stake by 1.33% reported in 2018Q4 SEC filing. Meyer Handelman Co sold 4,700 shares as Ibm Corporation Com (IBM)’s stock rose 12.54%. The Meyer Handelman Co holds 349,329 shares with $39.71M value, down from 354,029 last quarter. Ibm Corporation Com now has $120.31B valuation. The stock increased 0.26% or $0.35 during the last trading session, reaching $135.69. About 2.75M shares traded. International Business Machines Corporation (NYSE:IBM) has declined 10.00% since May 10, 2018 and is downtrending. It has underperformed by 14.37% the S&P500. Some Historical IBM News: 16/04/2018 – Realfiction: IBM installs Realfictions mixed reality display DeepFrame at its new innovation centre in Abu Dhabi; 15/05/2018 – Syncsort Addresses Intensifying IBM i Data Availability Challenges with New Release of MIMIX; 29/03/2018 – IBM: National reports coming in that IBM is doing major employee cuts throughout company. Anybody know if anything is happening in #rochmn?; 24/05/2018 – IBM Leads ‘Call for Code’ to Use Cloud, Data, AI, Blockchain for Natural Disaster Relief; 16/04/2018 – MARSH – CO IS DEVELOPING COMMERCIAL PROOF OF INSURANCE SOLUTION IN CONJUNCTION WITH IBM, WITH INPUT FROM ACORD, CUSTOMER FEEDBACK FROM ISN; 17/04/2018 – IBM – QTRLY OPERATING (NON-GAAP) EPS OF $2.45, UP 4 PERCENT; 17/04/2018 – IBM 1Q Systems Rev $1.5B; 05/03/2018 – IBM settles legal dispute with diversity officer hired by Microsoft; 17/05/2018 – IBM and Keio University Announce Collaborations with JSR, MUFG Bank, Mizuho Financial Group and Mitsubishi Chemical to Accelerate Quantum Computing in Japan; 04/05/2018 – Warren Buffett says Berkshire Hathaway has sold completely out of IBM

Parke Bancorp Inc (NASDAQ:PKBK) had an increase of 6.64% in short interest. PKBK’s SI was 45,000 shares in May as released by FINRA. Its up 6.64% from 42,200 shares previously. With 13,700 avg volume, 3 days are for Parke Bancorp Inc (NASDAQ:PKBK)’s short sellers to cover PKBK’s short positions. The stock increased 0.11% or $0.02 during the last trading session, reaching $21.94. About 3,318 shares traded. Parke Bancorp, Inc. (NASDAQ:PKBK) has risen 16.25% since May 10, 2018 and is uptrending. It has outperformed by 11.88% the S&P500. Some Historical PKBK News: 21/03/2018 Parke Bancorp, Inc. Announces Cash Dividend; 17/04/2018 – Parke Bancorp 1Q EPS 58c; 17/04/2018 – Parke Bancorp to Raise Dividend to 14 Cents from 12 Cent; 19/04/2018 – DJ Parke Bancorp Inc, Inst Holders, 1Q 2018 (PKBK)

Meyer Handelman Co increased At & T Inc (NYSE:T) stake by 20,010 shares to 366,861 valued at $10.47 million in 2018Q4. It also upped Conagra Brands Inc (NYSE:CAG) stake by 29,400 shares and now owns 576,383 shares. Cigna Corp (NYSE:CI) was raised too.

More notable recent International Business Machines Corporation (NYSE:IBM) news were published by: Benzinga.com which released: “International Business Machines Corporation (NYSE:IBM) – IBM’s Stephen Rogers Addresses BiTA On Transport’s Adoption Of Blockchain – Benzinga” on May 10, 2019, also Seekingalpha.com with their article: “IBM Needs Value-Creating Growth – Seeking Alpha” published on April 22, 2019, Seekingalpha.com published: “IBM launches $20B debt offering – International Business Machines Corporation (NYSE:IBM) – Seeking Alpha” on May 08, 2019. More interesting news about International Business Machines Corporation (NYSE:IBM) were released by: Seekingalpha.com and their article: “IBM Announces Small Dividend Raise – Seeking Alpha” published on April 30, 2019 as well as Fool.com‘s news article titled: “IBM Nudges Its Dividend Higher – The Motley Fool” with publication date: May 01, 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. 388,304 were accumulated by Royal London Asset Mngmt. Guyasuta Inv Advsr Inc holds 63,958 shares. Pub Employees Retirement Association Of Colorado stated it has 0.13% in International Business Machines Corporation (NYSE:IBM). Vanguard Grp Incorporated reported 0.37% in International Business Machines Corporation (NYSE:IBM). Avalon Advisors holds 2,129 shares or 0.01% of its portfolio. Tdam Usa owns 44,955 shares. Moreover, Lord Abbett Limited Liability Corp has 0.11% invested in International Business Machines Corporation (NYSE:IBM). 6,100 were reported by Summit Secs. Northstar Invest Ltd Com owns 0.67% invested in International Business Machines Corporation (NYSE:IBM) for 27,049 shares. Inspirion Wealth Ltd reported 1,786 shares. Donaldson Ltd Co holds 1.46% or 125,706 shares in its portfolio. M Secs stated it has 6,164 shares. Sva Plumb Wealth Mgmt Limited Liability invested in 0.03% or 2,306 shares. Nelson Van Denburg & Campbell Wealth Management Group Inc Ltd Llc owns 3,151 shares or 0.09% of their US portfolio. Wealthtrust holds 0.01% or 166 shares in its portfolio.

Among 4 analysts covering IBM (NYSE:IBM), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. IBM had 7 analyst reports since November 26, 2018 according to SRatingsIntel. The stock of International Business Machines Corporation (NYSE:IBM) earned “Buy” rating by RBC Capital Markets on Monday, November 26. The rating was maintained by BMO Capital Markets on Wednesday, April 17 with “Market Perform”. The firm has “Outperform” rating by RBC Capital Markets given on Monday, December 17. The rating was maintained by Citigroup on Wednesday, April 17 with “Neutral”.

Analysts await International Business Machines Corporation (NYSE:IBM) to report earnings on July, 17. They expect $3.06 earnings per share, down 0.65% or $0.02 from last year’s $3.08 per share. IBM’s profit will be $2.71B for 11.09 P/E if the $3.06 EPS becomes a reality. After $2.25 actual earnings per share reported by International Business Machines Corporation for the previous quarter, Wall Street now forecasts 36.00% EPS growth.

Parke Bancorp, Inc. operates as the bank holding firm for Parke Bank that provides personal and business financial services to individuals and small to mid-sized businesses. The company has market cap of $235.91 million. The firm offers various deposit products, including checking, savings, money market, and individual retirement accounts, as well as certificates of deposit. It has a 9.17 P/E ratio. The Company’s loan portfolio comprises residential and commercial real estate construction loans; working capital loans and lines of credit; demand, term, and time loans; equipment, inventory, and accounts receivable financing; and residential mortgage loans, home equity lines of credit, fixed rate second mortgages, new and used auto loans, and overdraft protection products.

More notable recent Parke Bancorp, Inc. (NASDAQ:PKBK) news were published by: Nasdaq.com which released: “Tuesday 4/30 Insider Buying Report: HY, PKBK – Nasdaq” on April 30, 2019, also Seekingalpha.com with their article: “Parke Bancorp increases quarterly dividend – Seeking Alpha” published on April 16, 2019, Streetinsider.com published: “Parke Bancorp (PKBK) Announces Increase In Quarterly Cash Dividend – StreetInsider.com” on April 16, 2019. More interesting news about Parke Bancorp, Inc. (NASDAQ:PKBK) were released by: Nasdaq.com and their article: “Parke Bancorp, Inc. (PKBK) Ex-Dividend Date Scheduled for April 10, 2019 – Nasdaq” published on April 09, 2019 as well as Nasdaq.com‘s news article titled: “Parke Bancorp, Inc. (PKBK) Ex-Dividend Date Scheduled for January 10, 2019 – Nasdaq” with publication date: January 09, 2019.

Since November 30, 2018, it had 3 insider purchases, and 2 selling transactions for $5,385 activity. PANTILIONE VITO S also bought $9,585 worth of Parke Bancorp, Inc. (NASDAQ:PKBK) shares. DALTON DANIEL J also sold $41,535 worth of Parke Bancorp, Inc. (NASDAQ:PKBK) on Monday, February 4. 3,000 shares were sold by KRIPITZ JEFFREY H, worth $58,800 on Thursday, January 31. $87,665 worth of Parke Bancorp, Inc. (NASDAQ:PKBK) was bought by SHEPPARD JACK C JR.

International Business Machines Corporation (NYSE:IBM) Institutional Positions Chart

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.(tagsToTranslate)International Business Machines Corporation(t)International Business Machines Corporation – (NYSE:IBM)(t)NYSE:IBM(t)Stock News(t)13F(t)Insitutional Ownership Change(t)Parke Bancorp Inc.(t)Parke Bancorp Inc. – (NASDAQ:PKBK)(t)NASDAQ:PKBK(t)Short Interest(t)Shorted Shares(t)Bearish Ratio


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