/Stephens Investment Management Group Has Trimmed Wex (WEX) Holding by $1.45 Million; Shares Rose; As Intl Business Machs (IBM) Market Valuation Rose, Holder Penobscot Investment Management Company Has Decreased Its Holding (via Qpute.com)
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Stephens Investment Management Group Has Trimmed Wex (WEX) Holding by $1.45 Million; Shares Rose; As Intl Business Machs (IBM) Market Valuation Rose, Holder Penobscot Investment Management Company Has Decreased Its Holding (via Qpute.com)


WEX Inc. (NYSE:WEX) Logo

Penobscot Investment Management Company Inc decreased its stake in Intl Business Machs (IBM) by 32.88% based on its latest 2018Q4 regulatory filing with the SEC. Penobscot Investment Management Company Inc sold 7,516 shares as the company’s stock rose 12.54% with the market. The institutional investor held 15,346 shares of the computer manufacturing company at the end of 2018Q4, valued at $1.75 million, down from 22,862 at the end of the previous reported quarter. Penobscot Investment Management Company Inc who had been investing in Intl Business Machs for a number of months, seems to be less bullish one the $119.09 billion market cap company. The stock decreased 1.15% or $1.56 during the last trading session, reaching $134.32. About 2.62 million shares traded. International Business Machines Corporation (NYSE:IBM) has declined 10.00% since May 19, 2018 and is downtrending. It has underperformed by 14.37% the S&P500. Some Historical IBM News: 19/03/2018 – Media Alert: IBM Chairman, President and CEO Ginni Rometty To Keynote IBM THINK 2018 (Live Webcast); 03/05/2018 – IBM ACQUIRES ARMANTA TO HELP FINL SERVICES FIRMS MEET DEMANDS; 27/03/2018 – Direct Access to IBM Cloud Services Now Available at Interxion Data Centres Across Europe via Cloud Connect; 30/03/2018 – IBM sees quantum computing going mainstream within five years; 17/04/2018 – IBM – “THIS QUARTER, IBM Z REVENUE GREW 54% YEAR-TO-YEAR, A MORE THAN 100% GROWTH IN SHIPPED MIPS, AND MARGINS EXPANDED” – CONF CALL; 01/05/2018 – Nlyte Software Teams With IBM’s Watson IoT to Leverage Machine Learning for Enhanced Data Center Operations; 06/03/2018 – Wandera Joins MaaS360 on IBM Security App Exchange with Mobile Security Integration; 21/04/2018 – DJ International Business Machines Cor, Inst Holders, 1Q 2018 (IBM); 16/04/2018 – UNISYS’S NEWFIELD FORMERLY DIRECTOR OF MSS FOR IBM; 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?

Stephens Investment Management Group Llc decreased its stake in Wex Inc (WEX) by 2.74% based on its latest 2018Q4 regulatory filing with the SEC. Stephens Investment Management Group Llc sold 10,364 shares as the company’s stock rose 14.20% with the market. The institutional investor held 368,027 shares of the business services company at the end of 2018Q4, valued at $51.55M, down from 378,391 at the end of the previous reported quarter. Stephens Investment Management Group Llc who had been investing in Wex Inc for a number of months, seems to be less bullish one the $8.73 billion market cap company. The stock decreased 0.41% or $0.83 during the last trading session, reaching $201.91. About 197,762 shares traded. WEX Inc. (NYSE:WEX) has risen 18.74% since May 19, 2018 and is uptrending. It has outperformed by 14.37% the S&P500. Some Historical WEX News: 03/05/2018 – WEX Sees 2Q Adj EPS $1.96-Adj EPS $2.06; 05/04/2018 – WEX Appoints Clare Murphy as European Director of Sales; 03/05/2018 – WEX INC WEX.N SEES FY 2018 REVENUE $1.435 BLN TO $1.475 BLN; 25/04/2018 – WEX and Raízen establish a partnership to exploit the freight sector; segment amounts to BRL 100 billion/year spend in Brazil; 02/05/2018 – WEX Health Announces Partner Excellence Award Winners; 24/04/2018 – WEX Inc. Announces ClearView Snap–Its Latest Data Platform–at NAFA Institute & Expo 2018; 03/05/2018 – WEX 1Q EPS $1.12; 09/04/2018 – WEX to Provide More Details Related to Operating Costs; 15/05/2018 – WEX Health Unveils Chatbot as a Winner in Inaugural Innovation Challenge; 09/03/2018 JPMorgan Large Cap Value Adds Pfizer, Exits AT&T, Cuts Wex

More notable recent International Business Machines Corporation (NYSE:IBM) news were published by: Seekingalpha.com which released: “Podcast: Samsung Galaxy Fold, Microsoft, Amazon, Intel Earnings, IBM IoT Exchange – Seeking Alpha” on April 28, 2019, also Seekingalpha.com with their article: “IBM launches $20B debt offering – Seeking Alpha” published on May 08, 2019, Investorideas.com published: “Newswire – The AI Eye: IBM (NYSE: IBM) Launches AI-Powered BTI and Accenture (NYSE: ACN) Doubles Size of DC Digital Studio – InvestorIdeas.com” on May 14, 2019. More interesting news about International Business Machines Corporation (NYSE:IBM) were released by: Seekingalpha.com and their article: “IBM: Reasons To Quit – Seeking Alpha” published on January 24, 2019 as well as Seekingalpha.com‘s news article titled: “IBM: Small Victory, Finally! – Seeking Alpha” with publication date: January 23, 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. Hendershot Invests reported 0.06% in International Business Machines Corporation (NYSE:IBM). Lau Assocs Ltd Com reported 4,837 shares or 0.3% of all its holdings. Hudson Valley Inv Advisors Adv stated it has 0.35% of its portfolio in International Business Machines Corporation (NYSE:IBM). London Of Virginia has invested 0.01% in International Business Machines Corporation (NYSE:IBM). Highlander Cap Mngmt Ltd Company reported 0.15% of its portfolio in International Business Machines Corporation (NYSE:IBM). Dimensional Fund Advsrs Ltd Partnership holds 3.41M shares or 0.18% of its portfolio. Stock Yards National Bank stated it has 15,058 shares. Palisade Capital Mgmt Ltd Liability Nj stated it has 0.01% in International Business Machines Corporation (NYSE:IBM). Wagner Bowman Mgmt invested 0.14% of its portfolio in International Business Machines Corporation (NYSE:IBM). San Francisco Sentry Invest Group (Ca) accumulated 0.14% or 2,682 shares. Brinker Capital owns 9,326 shares. Sei Investments Company has 129,140 shares. Jfs Wealth Limited Co stated it has 7,651 shares or 0.23% of all its holdings. Garland Capital Mngmt Inc accumulated 30,496 shares. Landscape Limited Co holds 20,792 shares.

Penobscot Investment Management Company Inc, which manages about $361.63 million and $416.43M US Long portfolio, upped its stake in Intercontinental Exchange (NYSE:ICE) by 5,720 shares to 79,866 shares, valued at $6.02M in 2018Q4, according to the filing. It also increased its holding in Ishares Msci Emerging (EEM) by 15,483 shares in the quarter, for a total of 34,699 shares, and has risen its stake in Nextera Energy Inc (NYSE:NEE).

Analysts await International Business Machines Corporation (NYSE:IBM) to report earnings on July, 17. They expect $3.06 EPS, down 0.65% or $0.02 from last year’s $3.08 per share. IBM’s profit will be $2.71 billion for 10.97 P/E if the $3.06 EPS becomes a reality. After $2.25 actual EPS reported by International Business Machines Corporation for the previous quarter, Wall Street now forecasts 36.00% EPS growth.

Analysts await WEX Inc. (NYSE:WEX) to report earnings on August, 1. They expect $2.15 earnings per share, up 9.69% or $0.19 from last year’s $1.96 per share. WEX’s profit will be $92.99M for 23.48 P/E if the $2.15 EPS becomes a reality. After $1.53 actual earnings per share reported by WEX Inc. for the previous quarter, Wall Street now forecasts 40.52% EPS growth.

Stephens Investment Management Group Llc, which manages about $3.08B and $4.22B US Long portfolio, upped its stake in Pra Group Inc (NASDAQ:PRAA) by 282,767 shares to 1.23M shares, valued at $30.00M in 2018Q4, according to the filing. It also increased its holding in Docusign Inc by 263,451 shares in the quarter, for a total of 459,589 shares, and has risen its stake in Grubhub Inc (NYSE:GRUB).

Investors sentiment decreased to 1.16 in 2018 Q4. Its down 0.19, from 1.35 in 2018Q3. It worsened, as 36 investors sold WEX shares while 90 reduced holdings. 54 funds opened positions while 92 raised stakes. 43.27 million shares or 8.60% more from 39.84 million shares in 2018Q3 were reported. Calamos Ltd Liability Com invested in 3,270 shares or 0% of the stock. Deutsche National Bank & Trust Ag holds 229,376 shares. Robeco Institutional Asset Mngmt Bv holds 169,283 shares. Campbell Investment Adviser Ltd Liability Corporation accumulated 1,640 shares or 0.25% of the stock. D E Shaw & Company Inc holds 0.02% or 86,304 shares. Kornitzer Capital Mngmt Ks has 0.04% invested in WEX Inc. (NYSE:WEX). 2,055 are owned by Eaton Vance Mgmt. Fifth Third Bancorporation holds 0% or 120 shares. State Of New Jersey Common Pension Fund D holds 0.02% or 25,900 shares. The Massachusetts-based Ipswich Inv Mgmt Inc has invested 0.01% in WEX Inc. (NYSE:WEX). New York State Teachers Retirement owns 72,695 shares. Credit Suisse Ag owns 53,478 shares or 0.01% of their US portfolio. New York-based Tocqueville Asset Mgmt Ltd Partnership has invested 0% in WEX Inc. (NYSE:WEX). Tradewinds Cap Mgmt Lc owns 48 shares for 0% of their portfolio. Ajo LP has 0.03% invested in WEX Inc. (NYSE:WEX) for 36,765 shares.

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