/Comgest Global Investors Sas Has Lifted Icon Plc (ICLR) Stake; Morgan Dempsey Capital Management Cut International Business Machines (IBM) Stake by $765,688 (via Qpute.com)
ICON Public Limited Company (NASDAQ:ICLR) Logo

Comgest Global Investors Sas Has Lifted Icon Plc (ICLR) Stake; Morgan Dempsey Capital Management Cut International Business Machines (IBM) Stake by $765,688 (via Qpute.com)


ICON Public Limited Company (NASDAQ:ICLR) Logo

Morgan Dempsey Capital Management Llc decreased its stake in International Business Machines Corporation (IBM) by 20.29% based on its latest 2018Q4 regulatory filing with the SEC. Morgan Dempsey Capital Management Llc sold 6,776 shares as the company’s stock rose 12.54% with the market. The hedge fund held 26,619 shares of the computer manufacturing company at the end of 2018Q4, valued at $3.03M, down from 33,395 at the end of the previous reported quarter. Morgan Dempsey Capital Management Llc who had been investing in International Business Machines Corporation for a number of months, seems to be less bullish one the $113.12 billion market cap company. The stock increased 0.46% or $0.59 during the last trading session, reaching $127.58. About 1.86 million shares traded. International Business Machines Corporation (NYSE:IBM) has declined 10.00% since June 3, 2018 and is downtrending. It has underperformed by 14.37% the S&P500. Some Historical IBM News: 24/05/2018 – UCG Technologies Launches into Healthcare with Acquisition of Contract Management SaaS Provider Contract Guardian, Inc; 16/05/2018 – TTA Receives Outstanding Work Review from Long-Time Partner IBM; 17/04/2018 – IBM Sales Buoyed by Weaker U.S. Dollar, Shift to New Businesses; 10/05/2018 – WRAL NEWS in NC: #BREAKING: IBM chooses NC State as partner for first IBM Quantum Computing Hub in North America; 08/05/2018 – Seneca and IBM team up to offer the first IBM Skills Academy in Ontario; 30/03/2018 – IBM sees quantum computing going mainstream within five years; 30/05/2018 – Dr. Vanila M. Singh to Join Oracle, IBM, and Wipro at Tulip’s Inaugural Blockchain Conference; 20/03/2018 – REG-lntnl Bus. Mach: Doc re Form 8-K; 12/03/2018 – IBM CEO 2017 TOTAL COMPENSATION $18.6M VS. $32.7M; 24/05/2018 – FRESCHE SOLUTIONS, A PROVIDER OF IBM l APPLICATION MODERNIZATION AND MANAGEMENT SOLUTIONS, ANNOUNCED IT SECURED $60 MLN OF FINANCING

Comgest Global Investors Sas increased its stake in Icon Plc (ICLR) by 34.82% based on its latest 2018Q4 regulatory filing with the SEC. Comgest Global Investors Sas bought 84,800 shares as the company’s stock declined 2.36% while stock markets rallied. The institutional investor held 328,333 shares of the commercial physical & biological resarch company at the end of 2018Q4, valued at $42.42 million, up from 243,533 at the end of the previous reported quarter. Comgest Global Investors Sas who had been investing in Icon Plc for a number of months, seems to be bullish on the $7.61 billion market cap company. The stock decreased 0.36% or $0.51 during the last trading session, reaching $141.05. About 119,702 shares traded. ICON Public Limited Company (NASDAQ:ICLR) has risen 22.37% since June 3, 2018 and is uptrending. It has outperformed by 18.00% the S&P500. Some Historical ICLR News: 02/04/2018 – Icon Closes Below 50-Day Moving Average: Technicals; 02/05/2018 – Icon 1Q Rev $620.1M; 02/05/2018 – Icon 1Q EPS $1.42; 18/04/2018 – Icon Presenting at Conference May 15; 14/05/2018 – Icon Presenting at Bank of America Conference Tomorrow; 30/05/2018 – Icon at Goldman Sachs Global Health Care Conference Jun 14

Comgest Global Investors Sas, which manages about $4.05 billion US Long portfolio, decreased its stake in Intuit (NASDAQ:INTU) by 153,000 shares to 298,176 shares, valued at $58.70 million in 2018Q4, according to the filing. It also reduced its holding in Microsoft Corp (NASDAQ:MSFT) by 319,300 shares in the quarter, leaving it with 691,621 shares, and cut its stake in Alphabet Inc.

More notable recent ICON Public Limited Company (NASDAQ:ICLR) news were published by: Nasdaq.com which released: “Icon PLC (ICLR) Beats Q4 Earnings and Revenue Estimates – Nasdaq” on February 20, 2019, also Businesswire.com with their article: “ICON Awarded Clinical Research Team of the Year and Best in Health Economics and Outcomes Research – Business Wire” published on May 13, 2019, Businesswire.com published: “ICON Launches New Patient Engagement Platform to Support Improved Patient Experience and Enrollment in Clinical Trials – Business Wire” on May 09, 2019. More interesting news about ICON Public Limited Company (NASDAQ:ICLR) were released by: Streetinsider.com and their article: “ICON (ICLR) acquired majority shareholding in MeDiNova Research – StreetInsider.com” published on May 23, 2019 as well as Globenewswire.com‘s news article titled: “Factors of Influence in 2019, Key Indicators and Opportunity within JB Hunt Transport Services, Columbia Property Trust, Abraxas Petroleum, and ICON — New Research Emphasizes Economic Growth – GlobeNewswire” with publication date: May 08, 2019.

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 $2.71 billion for 10.42 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.

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

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