/As International Business Machines (IBM) Market Valuation Rose, Holder Palisade Asset Management Has Lowered Stake by $371,092; Blume Capital Management Raised Goldman Sachs (GS) Position by $1.57 Million (via Qpute.com)
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As International Business Machines (IBM) Market Valuation Rose, Holder Palisade Asset Management Has Lowered Stake by $371,092; Blume Capital Management Raised Goldman Sachs (GS) Position by $1.57 Million (via Qpute.com)


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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 $11.07M, 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 $112.60 billion market cap company. The stock decreased 1.99% or $2.58 during the last trading session, reaching $126.99. About 3.01M shares traded. International Business Machines Corporation (NYSE:IBM) has declined 10.00% since June 1, 2018 and is downtrending. It has underperformed by 14.37% the S&P500. Some Historical IBM News: 13/03/2018 – DomainTools Joins IBM Security App Exchange Community; 19/03/2018 – IBM Closes Below 50-Day Moving Average: Technicals; 17/04/2018 – IBM – STRATEGIC IMPERATIVES REVENUE OVER LAST 12 MONTHS WAS $37.7 BILLION, UP 12 PERCENT (UP 10 PERCENT ADJUSTING FOR CURRENCY); 08/03/2018 – IBM Targets Long-Term EPS Growth in High-Single-Digits; 17/04/2018 – IBM Had Cloud Revenue of $17.7 Billion Over Last 12 Mos; 17/04/2018 – IBM 1Q Net $1.68B; 06/03/2018 – PacketFabric Offers Connectivity to IBM Cloud; 26/03/2018 – DailySource: Apple, IBM execs call for stiffer data rules. (USA TODAY) Video:; 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; 25/05/2018 – IBM Presenting at Money20/20 Europe Conference Jun 4

Blume Capital Management Inc increased its stake in Goldman Sachs (GS) by 63.38% based on its latest 2018Q4 regulatory filing with the SEC. Blume Capital Management Inc bought 9,405 shares as the company’s stock declined 1.19% while stock markets rallied. The institutional investor held 24,245 shares of the finance company at the end of 2018Q4, valued at $4.05 million, up from 14,840 at the end of the previous reported quarter. Blume Capital Management Inc who had been investing in Goldman Sachs for a number of months, seems to be bullish on the $66.76 billion market cap company. The stock decreased 2.60% or $4.88 during the last trading session, reaching $182.49. About 2.57 million shares traded. The Goldman Sachs Group, Inc. (NYSE:GS) has declined 23.68% since June 1, 2018 and is downtrending. It has underperformed by 28.05% the S&P500. Some Historical GS News: 11/05/2018 – AVALARA INC SAYS GOLDMAN SACHS & CO. LLC, J.P. MORGAN, BOFA MERRILL LYNCH ARE AMONG UNDERWRITERS TO IPO; 27/03/2018 – US The Retail Economist/Goldman Sachs Chain Store Sales +4.3% In Mar 24 Wk; 06/03/2018 – Accused Wine Thief in Court Over Goldman Exec’s Missing Bottles; 08/03/2018 – KOMERCNI BANKA BKOM.PR : GOLDMAN SACHS RAISES TARGET PRICE TO CZK 1075 FROM CZK 1050; 15/03/2018 – IMPERIAL BRANDS PLC IMB.L : GOLDMAN SACHS REMOVES FROM PAN-CONVICTION LIST; 24/05/2018 – DYAL, PETERSHILL ARE SAID TO TEAM UP TO TAKE STAKE IN CLEARLAKE; 16/04/2018 – ZOOPLUS: GOLDMAN SACHS HOLDS 8.21% OF VOTING RIGHTS ON APRIL 6; 12/03/2018 – HARVEY M. SCHWARTZ TO RETIRE FROM GOLDMAN SACHS; 27/03/2018 – TPG SIXTH STREET PARTNERS HIRES GOLDMAN’S MIKE MCGINN; 25/04/2018 – Rep. Neal: Neal Questions Ted Goldman at Select Committee on Multiemployer Pensions Hearing

Blume Capital Management Inc, which manages about $302.15 million and $175.13M US Long portfolio, decreased its stake in General Electric (NYSE:GE) by 162,529 shares to 40,384 shares, valued at $306,000 in 2018Q4, according to the filing. It also reduced its holding in Microsoft (NASDAQ:MSFT) by 9,159 shares in the quarter, leaving it with 61,312 shares, and cut its stake in Oracle (NYSE:ORCL).

Investors sentiment decreased to 0.66 in 2018 Q4. Its down 0.54, from 1.2 in 2018Q3. It fall, as 146 investors sold GS shares while 407 reduced holdings. 107 funds opened positions while 257 raised stakes. 261.53 million shares or 3.65% more from 252.31 million shares in 2018Q3 were reported. Colony Group Limited Liability Corp stated it has 0.05% in The Goldman Sachs Group, Inc. (NYSE:GS). Segment Wealth Mgmt Ltd Liability Company owns 17,335 shares. Grassi Inv Management accumulated 0.7% or 24,460 shares. Stanley Management Lc invested in 2.27% or 23,719 shares. Condor Management has invested 0.17% of its portfolio in The Goldman Sachs Group, Inc. (NYSE:GS). Personal Cap Advsrs owns 122,536 shares. Massmutual Comm Fsb Adv reported 9,500 shares or 0% of all its holdings. Hartford Invest Mngmt reported 44,756 shares. Arete Wealth Advsr Limited Liability Company has 761 shares. Wedge Cap Mngmt L Limited Partnership Nc stated it has 0.3% of its portfolio in The Goldman Sachs Group, Inc. (NYSE:GS). Gulf Intll Bancshares (Uk) Ltd has invested 0.28% in The Goldman Sachs Group, Inc. (NYSE:GS). Stephens Ar holds 0.06% or 11,720 shares. Johnson Fincl Gp Inc accumulated 611 shares. 94,219 are owned by Norinchukin Bancorporation The. Orca Investment Mngmt Limited reported 2,456 shares.

More notable recent The Goldman Sachs Group, Inc. (NYSE:GS) news were published by: Investorplace.com which released: “Tilray Stock Keeps Its Eyes on the Future – Investorplace.com” on May 29, 2019, also Fool.com with their article: “Why Apple and Goldman Can Afford Apple Card (When Others Can’t) – Motley Fool” published on May 29, 2019, Benzinga.com published: “The Unlikely Partnership Between Community Banks And Fintech That’s Changing The Financial World – Benzinga” on May 29, 2019. More interesting news about The Goldman Sachs Group, Inc. (NYSE:GS) were released by: Streetinsider.com and their article: “Ashland (ASH) Announces $200M Accelerated Share Buyback Agreement with Goldman Sachs (GS); Board Previously Approved $1B Share Buyback in March – StreetInsider.com” published on May 07, 2019 as well as Benzinga.com‘s news article titled: “Quadratic Capital Enters ETF World With Unique Bond Fund – Benzinga” with publication date: May 15, 2019.

Since December 26, 2018, it had 0 buys, and 1 insider sale for $2.61 million activity.

Palisade Asset Management Llc, which manages about $645.77M and $681.52M US Long portfolio, upped its stake in Sysco Corp (NYSE:SYY) by 6,270 shares to 184,544 shares, valued at $11.56M in 2018Q4, according to the filing. It also increased its holding in General Dynamics Corp (NYSE:GD) by 2,467 shares in the quarter, for a total of 55,960 shares, and has risen its stake in L3 Technologies Inc.

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. Argent Mngmt has 2,463 shares for 0.01% of their portfolio. Sterling Mngmt Llc reported 0.04% stake. 2,476 are held by Gradient Limited Liability Company. Public Employees Retirement Of Ohio reported 610,228 shares. Csat Inv Advisory LP invested in 28,346 shares. Lee Danner And Bass Inc holds 0.3% of its portfolio in International Business Machines Corporation (NYSE:IBM) for 22,062 shares. Amer Research Mgmt owns 143,613 shares for 5.5% of their portfolio. First City Cap Mngmt invested in 4,349 shares or 0.39% of the stock. Jag Capital Mngmt Lc holds 0.18% in International Business Machines Corporation (NYSE:IBM) or 7,120 shares. First Mercantile Tru Com has 0.19% invested in International Business Machines Corporation (NYSE:IBM). Diversified Tru Com has 0.02% invested in International Business Machines Corporation (NYSE:IBM) for 3,531 shares. Valicenti Advisory Inc reported 0.16% in International Business Machines Corporation (NYSE:IBM). Cohen Capital Inc stated it has 1.46% of its portfolio in International Business Machines Corporation (NYSE:IBM). Pinnacle Advisory Gp Incorporated invested in 2,203 shares. Suntrust Banks has 0.2% invested in International Business Machines Corporation (NYSE:IBM) for 308,599 shares.

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 10.38 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.

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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)The Goldman Sachs Group Inc.(t)The Goldman Sachs Group Inc. – (NYSE:GS)(t)NYSE:GS(t)Stock News(t)13F(t)Insitutional Ownership Change


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