/Beddow Capital Management Trimmed Holding in International Business Machine (IBM) by $1.47 Million; As Lear (LEA) Stock Rose, Shareholder Spitfire Capital Cut by $2.39 Million Its Holding (via Qpute.com)
Lear Corporation (NYSE:LEA) Logo

Beddow Capital Management Trimmed Holding in International Business Machine (IBM) by $1.47 Million; As Lear (LEA) Stock Rose, Shareholder Spitfire Capital Cut by $2.39 Million Its Holding (via Qpute.com)


Lear Corporation (NYSE:LEA) Logo

Beddow Capital Management Inc decreased its stake in International Business Machine (IBM) by 15.73% based on its latest 2018Q4 regulatory filing with the SEC. Beddow Capital Management Inc sold 13,045 shares as the company’s stock rose 12.54% with the market. The hedge fund held 69,867 shares of the computer manufacturing company at the end of 2018Q4, valued at $7.94 million, down from 82,912 at the end of the previous reported quarter. Beddow Capital Management Inc who had been investing in International Business Machine for a number of months, seems to be less bullish one the $114.99 billion market cap company. The stock decreased 0.59% or $0.77 during the last trading session, reaching $129.69. About 3.56M shares traded. International Business Machines Corporation (NYSE:IBM) has declined 10.00% since May 29, 2018 and is downtrending. It has underperformed by 14.37% the S&P500. Some Historical IBM News: 17/04/2018 – IBM 1Q Technology Services and Cloud Platforms Rev $8.63B; 24/04/2018 – IBM BOARD OKS BOOST IN QTRLY CASH DIV FOR 23RD CONSECUTIVE YEAR; 17/04/2018 – IBM Turnaround Questioned on Slower Growth of New Businesses; 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?; 15/05/2018 – Berkshire Exits IBM, Cuts Wells Fargo, Buys More Apple: 13F; 04/05/2018 – BREAKING: Warren Buffett says Berkshire Hathaway has sold completely out of IBM; 20/03/2018 – REG-WlSeKey Introduces lNeS #Think2018, a Security Broker Solution, Designed to Secure Devices, Cloud & IOT Applications, Integrated with IBM’s new Watson IoT Platform; 10/05/2018 – IBM Announces Collaboration with North Carolina State University to Accelerate Quantum Computing; 20/03/2018 – NEUVECTOR & IBM CLOUD REPORT RUN-TIME SECURITY FOR KUBERNETES; 19/03/2018 – IBM Closes Below 50-Day Moving Average: Technicals

Spitfire Capital Llc decreased its stake in Lear Corp (LEA) by 33.43% based on its latest 2018Q4 regulatory filing with the SEC. Spitfire Capital Llc sold 19,600 shares as the company’s stock rose 9.53% with the market. The hedge fund held 39,027 shares of the o.e.m. company at the end of 2018Q4, valued at $4.80M, down from 58,627 at the end of the previous reported quarter. Spitfire Capital Llc who had been investing in Lear Corp for a number of months, seems to be less bullish one the $7.97 billion market cap company. The stock decreased 1.53% or $1.99 during the last trading session, reaching $128. About 407,934 shares traded. Lear Corporation (NYSE:LEA) has declined 16.14% since May 29, 2018 and is downtrending. It has underperformed by 20.51% the S&P500. Some Historical LEA News: 17/05/2018 – Lear Declares Quarterly Cash Dividend; 21/03/2018 – LEAR EXPANDS SEATING STRUCTURES PLANT IN VALENÇA, PORTUGAL; 21/03/2018 – Lear Corporation Expands Seating Structures Plant in Valença, Portugal; 22/03/2018 – LEAR CORP LEA.N : MORGAN STANLEY RAISES TARGET PRICE TO $191 FROM $148; 14/05/2018 – MOODY’S AFFIRMS LEAR’S RATINGS, SR UNSECURED AT Baa3; OUTLOOK; 24/05/2018 – Trump threat of auto tariffs opposed by auto industry, Republicans; 06/04/2018 – CAFC: NHK SEATING OF AMERICA, INC. v. LEAR CORPORATION (RULE 36 JUDGMENT) – Appeal #17-1888 – 2018-04-06; 06/04/2018 – INTERNATIONAL AUTOMOTIVE COMPONENTS SAYS WL ROSS AND FRANKLIN MUTUAL ADVISERS WILL REMAIN CO’S MAJORITY SHAREHOLDERS; 06/04/2018 – INTERNATIONAL AUTOMOTIVE – AS PART OF RECAPITALIZATION, IAC TO ISSUE $215 MLN SENIOR SECURED NOTES DUE APRIL 2023 TO FUNDS MANAGED BY GAMUT CAPITAL; 26/04/2018 – LEAR CORP SEES FULL YEAR 2018 CAPITAL EXPENDITURES ARE EXPECTED TO BE $660 MLN, AND DEPRECIATION AND AMORTIZATION EXPENSE IS ESTIMATED TO BE $500 MLN

Investors sentiment decreased to 0.58 in 2018 Q4. Its down 0.12, from 0.7 in 2018Q3. It fall, as 68 investors sold LEA shares while 173 reduced holdings. 55 funds opened positions while 85 raised stakes. 58.38 million shares or 6.91% more from 54.61 million shares in 2018Q3 were reported. Credit Suisse Ag holds 152,779 shares or 0.02% of its portfolio. Hartford Inv owns 2,973 shares or 0.01% of their US portfolio. Parkside Bancorp stated it has 0% of its portfolio in Lear Corporation (NYSE:LEA). Pub Employees Retirement Association Of Colorado stated it has 0.01% of its portfolio in Lear Corporation (NYSE:LEA). Etrade Cap Limited Co holds 1,898 shares or 0.01% of its portfolio. Robeco Institutional Asset Mgmt Bv reported 0.1% of its portfolio in Lear Corporation (NYSE:LEA). 3,518 are owned by Northwestern Mutual Wealth. Eagle Global Advsrs Lc, Texas-based fund reported 79,518 shares. C M Bidwell Associates holds 0% of its portfolio in Lear Corporation (NYSE:LEA) for 19 shares. Virginia Retirement Systems Et Al accumulated 233,100 shares or 0.39% of the stock. Cubist Systematic Strategies Limited Liability Corporation invested in 0.08% or 13,193 shares. Parametric Port Assocs Ltd Llc has invested 0.05% of its portfolio in Lear Corporation (NYSE:LEA). Zeke Cap Ltd Limited Liability Company has 0.02% invested in Lear Corporation (NYSE:LEA). Canandaigua Retail Bank Trust has invested 0.08% in Lear Corporation (NYSE:LEA). Aviva Plc holds 0.02% or 24,283 shares in its portfolio.

Analysts await Lear Corporation (NYSE:LEA) to report earnings on July, 25. They expect $4.00 EPS, down 19.19% or $0.95 from last year’s $4.95 per share. LEA’s profit will be $249.03M for 8.00 P/E if the $4.00 EPS becomes a reality. After $4.00 actual EPS reported by Lear Corporation for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Since February 13, 2019, it had 0 insider purchases, and 1 sale for $2.95 million activity.

More notable recent Lear Corporation (NYSE:LEA) news were published by: Finance.Yahoo.com which released: “Is Lear Corporation’s (NYSE:LEA) 22% ROCE Any Good? – Yahoo Finance” on May 08, 2019, also Finance.Yahoo.com with their article: “Impala Asset Management’s Latest Moves – Yahoo Finance” published on May 24, 2019, Prnewswire.com published: “Lear Announces Pricing of $700 Million Senior Notes Offering – PRNewswire” on April 29, 2019. More interesting news about Lear Corporation (NYSE:LEA) were released by: Bizjournals.com and their article: “Driverless vehicle innovator Carmera teams up with Lear Corp. – New York Business Journal” published on May 29, 2019 as well as Prnewswire.com‘s news article titled: “Lear Recognized by General Motors as a 2018 Supplier of the Year and Winner of Coveted Overdrive Award – PRNewswire” with publication date: May 21, 2019.

More notable recent International Business Machines Corporation (NYSE:IBM) news were published by: Finance.Yahoo.com which released: “IBM Weather Signals Uses AI to Enable Predictive Weather-based Business Forecasting – Yahoo Finance” on May 22, 2019, also Investorideas.com with their article: “Newswire – The AI Eye: IBM (NYSE: IBM) Launches AI-Powered BTI and Accenture (NYSE: ACN) Doubles Size of DC Digital Studio – InvestorIdeas.com” published on May 14, 2019, Investorplace.com published: “The Real Reason Microsoft Stock Stands Out Among Other Big Tech Names – Investorplace.com” on May 24, 2019. More interesting news about International Business Machines Corporation (NYSE:IBM) were released by: Investorplace.com and their article: “Why Apple Stock Could Drop Below $100 by the End of 2019 – Investorplace.com” published on May 06, 2019 as well as Prnewswire.com‘s news article titled: “Vodafone Idea and IBM in Five Year, Multi-Million-Dollar Engagement to Advance the Future of Telco with Hybrid Cloud, and AI – PRNewswire” with publication date: May 03, 2019.

Investors sentiment decreased to 0.59 in 2018 Q4. Its down 0.32, from 0.91 in 2018Q3. It dived, 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. The Arizona-based Arizona State Retirement Sys has invested 0.29% in International Business Machines Corporation (NYSE:IBM). Moreover, Beaumont Fincl Prns Limited Liability Com has 0.14% invested in International Business Machines Corporation (NYSE:IBM) for 7,468 shares. Portland Global Advisors Ltd reported 26,120 shares or 1.19% of all its holdings. Walter & Keenan Consulting Mi Adv holds 0.43% or 8,373 shares in its portfolio. Associated Banc holds 0.24% or 32,392 shares. 13,131 are held by Wilbanks Smith & Thomas Asset Mngmt Llc. Voloridge Investment Mgmt Limited Company has invested 1.72% of its portfolio in International Business Machines Corporation (NYSE:IBM). Nelson Van Denburg Campbell Wealth Management Group Lc holds 3,151 shares or 0.09% of its portfolio. Hm Payson & has 3,247 shares for 1.08% of their portfolio. Summit Securities Limited holds 6,100 shares or 0.06% of its portfolio. Etrade Capital Mngmt Limited invested in 0.02% or 5,269 shares. Jarislowsky Fraser has 0.03% invested in International Business Machines Corporation (NYSE:IBM) for 37,009 shares. Cadence Savings Bank Na has 0.6% invested in International Business Machines Corporation (NYSE:IBM). Godsey Gibb Associates stated it has 2,391 shares or 0.05% of all its holdings. Neville Rodie & Shaw accumulated 0.76% or 54,774 shares.

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 10.60 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.

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

Receive News & Ratings Via Email – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings with our FREE daily email newsletter.

.(tagsToTranslate)Lear Corporation(t)Lear Corporation – (NYSE:LEA)(t)NYSE:LEA(t)Stock News(t)13F(t)Insitutional Ownership Change


This is a syndicated post. Read the original post at Source link .