/Intrust Bank Na Maintains Stake in International Business Machs (IBM); Matrix Asset Advisors Has Cut Its Cisco Sys (CSCO) Position by $6.64 Million; Shares Rose (via Qpute.com)
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Intrust Bank Na Maintains Stake in International Business Machs (IBM); Matrix Asset Advisors Has Cut Its Cisco Sys (CSCO) Position by $6.64 Million; Shares Rose (via Qpute.com)


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Intrust Bank Na increased its stake in International Business Machs (IBM) by 195.96% based on its latest 2019Q1 regulatory filing with the SEC. Intrust Bank Na bought 5,585 shares as the company’s stock declined 2.27% while stock markets rallied. The institutional investor held 8,435 shares of the computer manufacturing company at the end of 2019Q1, valued at $1.19 million, up from 2,850 at the end of the previous reported quarter. Intrust Bank Na who had been investing in International Business Machs for a number of months, seems to be bullish on the $120.65 billion market cap company. The stock increased 0.99% or $1.33 during the last trading session, reaching $136.07. About 2.70 million shares traded. International Business Machines Corporation (NYSE:IBM) has declined 6.86% since June 11, 2018 and is downtrending. It has underperformed by 11.29% the S&P500. Some Historical IBM News: 17/04/2018 – IBM Earnings: There Are a Lot of Moving Parts Here — Barron’s Blog; 17/04/2018 – IBM – QTRLY OPERATING (NON-GAAP) EPS OF $2.45, UP 4 PERCENT; 29/03/2018 – IBM TO HIRE 400 ARTIFICIAL INTELLIGENCE EXPERTS IN FRANCE: AFP; 30/03/2018 – Clear Technologies Wins IBM Global Financing Excellence Award at Think 2018; 18/04/2018 – International Business Machines Corp: Doc re 8-K; 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; 05/04/2018 – IBM joins group building a blockchain-based global identity network; 04/05/2018 – BREAKING: Warren Buffett says Berkshire Hathaway has sold completely out of IBM; 24/05/2018 – IBM and Crédit Mutuel Strengthen Their Strategic Partnership to Build the Bank of Tomorrow; 17/04/2018 – IBM 1Q Net $1.68B

Matrix Asset Advisors Inc decreased its stake in Cisco Sys Inc (CSCO) by 24.84% based on its latest 2019Q1 regulatory filing with the SEC. Matrix Asset Advisors Inc sold 125,375 shares as the company’s stock rose 10.40% with the market. The institutional investor held 379,267 shares of the technology company at the end of 2019Q1, valued at $20.48 million, down from 504,642 at the end of the previous reported quarter. Matrix Asset Advisors Inc who had been investing in Cisco Sys Inc for a number of months, seems to be less bullish one the $244.69B market cap company. The stock increased 1.31% or $0.74 during the last trading session, reaching $57.16. About 21.45M shares traded or 5.89% up from the average. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 14.75% since June 11, 2018 and is uptrending. It has outperformed by 10.32% the S&P500. Some Historical CSCO News: 16/05/2018 – Cisco Systems Sees 4Q Charges of Up to $50M Under Restructuring That Started in 3; 11/04/2018 – Cisco, Researchers Develop New Security Techniques to Thwart Quantum Attacks; 23/03/2018 – Goldman Sachs has added Cisco Systems to its conviction list, predicting “significant” returns as the networking company embarks on share repurchasing; 04/04/2018 – FACTBOX-U.S. winners and losers from trade tit-for-tat; 23/05/2018 – ♫ Reuters Insider – Cisco warns of major potential hack in Ukraine; 19/03/2018 – Tengler’s top picks include Cisco, Oracle, J.P. Morgan and FedEx; 16/05/2018 – CISCO – TOTAL PRE-TAX CASH CHARGES TO GAAP FINANCIAL RESULTS RELATED TO RESTRUCTURING PLAN IS ESTIMATED TO BE ABOUT $300 MLN; 02/04/2018 – NHS Introduces New Name and Logo as “Merakey”; 23/05/2018 – Cyber firms warn on suspected Russian plan to attack Ukraine; 23/05/2018 – Customer Experience Leader TTEC Receives Customer Care Partner of the Year Award from Cisco

More notable recent International Business Machines Corporation (NYSE:IBM) news were published by: Investorplace.com which released: “Will IBM’s Huge Bet on Red Hat Pay Off? – Investorplace.com” on June 04, 2019, also Finance.Yahoo.com with their article: “IBM Celebrates Women Business Pioneers In Artificial Intelligence – Yahoo Finance” published on June 11, 2019, Investorideas.com published: “Investorideas.com Newswire – The AI Eye: IBM (NYSE:IBM) Expands “New Collar” to Ready France for Digital Economy, Accenture (NYSE:ACN) Introduces INTIENT Platform and NICE (NasdaqGS:NICE) Announces Smart Digital Conversations – InvestorIdeas.com” on May 16, 2019. More interesting news about International Business Machines Corporation (NYSE:IBM) were released by: Finance.Yahoo.com and their article: “IBM and ERGO Aktiv are helping people after stroke – Yahoo Finance” published on May 15, 2019 as well as Marketwatch.com‘s news article titled: “Salesforce and Google just spent billions on Big Data because of Microsoft – MarketWatch” with publication date: June 11, 2019.

Investors sentiment increased to 1.03 in Q1 2019. Its up 0.44, from 0.59 in 2018Q4. It improved, as 67 investors sold IBM shares while 524 reduced holdings. 142 funds opened positions while 468 raised stakes. 473.01 million shares or 9.66% less from 523.62 million shares in 2018Q4 were reported. Accuvest Glob Advsrs holds 3,476 shares. Cranbrook Wealth Limited Liability Corp holds 0.11% or 2,533 shares. M&R Cap Mngmt Inc reported 11,721 shares. Stanley stated it has 17,360 shares. Piershale Financial Group Inc Incorporated holds 1,600 shares or 0.14% of its portfolio. 3,847 were reported by Forbes J M Llp. Renaissance Technologies Limited Liability has 0.2% invested in International Business Machines Corporation (NYSE:IBM). 4,898 are owned by Vigilant Cap Lc. Boston Advisors Limited Company invested in 0.06% or 8,526 shares. Granite Invest Ptnrs Limited Liability Company reported 0.05% stake. Burney stated it has 0.67% in International Business Machines Corporation (NYSE:IBM). Cetera Advisor Ltd Company accumulated 0.19% or 41,590 shares. Baystate Wealth Management Limited Liability Company accumulated 3,848 shares. Bokf Na reported 80,734 shares. Meag Munich Ergo Kapitalanlagegesellschaft Mbh stated it has 0.48% of its portfolio in International Business Machines Corporation (NYSE:IBM).

Matrix Asset Advisors Inc, which manages about $977.80 million and $585.41 million US Long portfolio, upped its stake in Morgan Stanley (NYSE:MS) by 23,586 shares to 284,693 shares, valued at $12.01M in 2019Q1, according to the filing. It also increased its holding in Gilead Sciences Inc (NASDAQ:GILD) by 15,036 shares in the quarter, for a total of 296,876 shares, and has risen its stake in Cvs Health Corp (NYSE:CVS).

More notable recent Cisco Systems, Inc. (NASDAQ:CSCO) news were published by: Nasdaq.com which released: “Cisco Systems (CSCO) Q3 Earnings & Revenues Beat Estimates – Nasdaq” on May 16, 2019, also Nasdaq.com with their article: “Technology Sector Update for 05/17/2019: PINS, BIDU, AMAT, MSFT, AAPL, IBM, CSCO, GOOG – Nasdaq” published on May 17, 2019, Nasdaq.com published: “After-Hours Earnings Report for May 15, 2019 : CSCO, NTES, ZTO, FLO, JACK, VRTU, JE, UGP, GPL, EYES, EDAP, SORL – Nasdaq” on May 15, 2019. More interesting news about Cisco Systems, Inc. (NASDAQ:CSCO) were released by: Nasdaq.com and their article: “Is Cisco Systems (CSCO) Stock Outpacing Its Computer and Technology Peers This Year? – Nasdaq” published on May 13, 2019 as well as Nasdaq.com‘s news article titled: “Technology Sector Update for 05/16/2019: CUI, NTES, WIX, MSFT, AAPL, IBM, CSCO, GOOG – Nasdaq” with publication date: May 16, 2019.

Investors sentiment decreased to 0.83 in Q1 2019. Its down 0.08, from 0.91 in 2018Q4. It turned negative, as 58 investors sold CSCO shares while 739 reduced holdings. 139 funds opened positions while 519 raised stakes. 3.03 billion shares or 4.61% less from 3.17 billion shares in 2018Q4 were reported. Guardian Life Insur Of America stated it has 0.09% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO). 384,293 were reported by Cypress Cap Ltd Llc. Northern Tru accumulated 0.84% or 62.63M shares. Cahill Financial reported 0.47% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO). Terril Brothers Inc has invested 0.1% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO). The California-based Sfe Investment Counsel has invested 0.5% in Cisco Systems, Inc. (NASDAQ:CSCO). 367,581 are held by Sector Pension Investment Board. Logan Capital Mgmt Inc invested in 1.13% or 340,002 shares. Bnp Paribas Asset Mngmt Hldgs Sa has 2.22M shares for 1% of their portfolio. Wasatch Advisors holds 0.06% or 101,342 shares. 76,976 were accumulated by Curbstone Fincl Mgmt. Meiji Yasuda Life Co invested in 0.83% or 102,165 shares. Mcmillion Cap Mngmt owns 81,225 shares or 2.38% of their US portfolio. Hills Bank And Trust Com stated it has 0.24% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO). Barclays Plc accumulated 9.35M shares or 0.35% of the stock.

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

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