/Wetherby Asset Management Lifted Its International Business Machs (IBM) Stake by $383,802; Worthington Inds (WOR) Shareholder Burney Co Has Cut Its Stake by $753,098 (via Qpute.com)
Worthington Industries, Inc. (NYSE:WOR) Logo

Wetherby Asset Management Lifted Its International Business Machs (IBM) Stake by $383,802; Worthington Inds (WOR) Shareholder Burney Co Has Cut Its Stake by $753,098 (via Qpute.com)


Worthington Industries, Inc. (NYSE:WOR) Logo

Wetherby Asset Management Inc increased its stake in International Business Machs (IBM) by 19.17% based on its latest 2019Q1 regulatory filing with the SEC. Wetherby Asset Management Inc bought 2,722 shares as the company’s stock declined 2.27% while stock markets rallied. The institutional investor held 16,922 shares of the computer manufacturing company at the end of 2019Q1, valued at $2.39M, up from 14,200 at the end of the previous reported quarter. Wetherby Asset Management Inc who had been investing in International Business Machs for a number of months, seems to be bullish on the $119.65B market cap company. The stock decreased 0.15% or $0.2 during the last trading session, reaching $134.95. About 2.08M shares traded. International Business Machines Corporation (NYSE:IBM) has declined 6.86% since June 18, 2018 and is downtrending. It has underperformed by 11.29% the S&P500. Some Historical IBM News: 14/03/2018 – EV Group and IBM Sign License Agreement on Laser Debonding Technology; 16/04/2018 – New Survey Finds Deep Consumer Anxiety over Data Privacy and Security; 20/03/2018 – IBM REAFFIRMS FORECAST; 18/04/2018 – Slowing Cloud Growth Casts Shadow Over IBM’s Turnaround (Video); 26/04/2018 – Host Hotels & Resorts, Inc. Announces Leading-Edge Joint Development Agreement With IBM Research; 17/04/2018 – IBM 1Q REV. $19.07B, EST. $18.83B; 19/04/2018 – QTS Hybrid Colocation Now Available to IBM Cloud Customers Through Direct Link; 10/05/2018 – IBM Announces Collaboration with North Carolina State University to Accelerate Quantum Computing; 17/04/2018 – IBM Ongoing GAAP and Operating Tax Rates Were About 14 % and 16 %, Respectively; 22/05/2018 – Apollo Hospitals Adopts IBM Watson for Oncology and IBM Watson for Genomics to Help Physicians Make Data-Driven Cancer Care Decisions

Burney Co decreased its stake in Worthington Inds Inc (WOR) by 37.35% based on its latest 2019Q1 regulatory filing with the SEC. Burney Co sold 20,354 shares as the company’s stock declined 0.40% while stock markets rallied. The institutional investor held 34,147 shares of the capital goods company at the end of 2019Q1, valued at $1.27M, down from 54,501 at the end of the previous reported quarter. Burney Co who had been investing in Worthington Inds Inc for a number of months, seems to be less bullish one the $2.08 billion market cap company. The stock increased 0.03% or $0.01 during the last trading session, reaching $36.24. About 145,565 shares traded. Worthington Industries, Inc. (NYSE:WOR) has declined 16.80% since June 18, 2018 and is downtrending. It has underperformed by 21.23% the S&P500. Some Historical WOR News: 27/04/2018 – New Research: Key Drivers of Growth for Electro Scientific Industries, Worthington Industries, Navigant Consulting, Itron, Sout; 29/03/2018 – Worthington Industries 3Q Net $79.1M; 29/03/2018 – Worthington Industries 3Q EPS $1.27; 29/03/2018 – WORTHINGTON INDUSTRIES – NET EARNINGS IN QTR INCLUDE TAX BENEFIT OF $0.66/SHARE RESULTING FROM TAX CUTS AND JOBS ACT; 24/04/2018 – Officer Welch Gifts 600 Of Worthington Industries Inc; 23/04/2018 – Worthington Industries Introduces Two New CNG Fuel System Products for Medium and Heavy Duty Truck Markets; 17/04/2018 – DEEP ECO: Worthington Industries May Benefit, Iron and Steel Up; 16/03/2018 DEEP ECO: WOR May Face Pressure, Industry Slowest in 16 Mos; 28/03/2018 – Worthington Industries Declares Quarterly Dividend; 22/04/2018 – DJ Worthington Industries Inc, Inst Holders, 1Q 2018 (WOR)

More notable recent Worthington Industries, Inc. (NYSE:WOR) news were published by: Globenewswire.com which released: “Consolidated Research: 2019 Summary Expectations for First Data, IDEXX Laboratories, CMS Energy, Worthington Industries, Triumph Group, and Cara Therapeutics — Fundamental Analysis, Key Performance Indications – GlobeNewswire” on January 24, 2019, also Benzinga.com with their article: “Nikola’s New President Talks Zero Emissions, Tesla And How Hydrogen Will Save The World – Benzinga” published on March 18, 2019, Globenewswire.com published: “Worthington Industries Names New Chief Financial Officer – GlobeNewswire” on November 01, 2018. More interesting news about Worthington Industries, Inc. (NYSE:WOR) were released by: Globenewswire.com and their article: “Worthington Industries Earns Recognition as a John Deere “Partner-level Supplier” for Seven Consecutive Years – GlobeNewswire” published on March 26, 2019 as well as Benzinga.com‘s news article titled: “60 Biggest Movers From Friday – Benzinga” with publication date: March 25, 2019.

Burney Co, which manages about $1.33 billion and $1.61 billion US Long portfolio, upped its stake in Graham Hldgs Co (NYSE:GHC) by 1,789 shares to 3,398 shares, valued at $2.32 million in 2019Q1, according to the filing. It also increased its holding in Waters Corp (NYSE:WAT) by 2,569 shares in the quarter, for a total of 53,374 shares, and has risen its stake in Cisco Sys Inc (NASDAQ:CSCO).

Analysts await Worthington Industries, Inc. (NYSE:WOR) to report earnings on June, 26. They expect $0.77 EPS, down 18.95% or $0.18 from last year’s $0.95 per share. WOR’s profit will be $44.13 million for 11.77 P/E if the $0.77 EPS becomes a reality. After $0.62 actual EPS reported by Worthington Industries, Inc. for the previous quarter, Wall Street now forecasts 24.19% EPS growth.

Investors sentiment increased to 1 in 2019 Q1. Its up 0.33, from 0.67 in 2018Q4. It increased, as 10 investors sold WOR shares while 67 reduced holdings. 40 funds opened positions while 37 raised stakes. 26.90 million shares or 4.88% less from 28.28 million shares in 2018Q4 were reported. Mutual Of America Mngmt Ltd Company, New York-based fund reported 34,769 shares. Panagora Asset Management Inc stated it has 0% in Worthington Industries, Inc. (NYSE:WOR). Midas Mgmt reported 32,500 shares stake. Gateway Investment Advisers Lc owns 55,691 shares for 0.02% of their portfolio. Lsv Asset Management invested in 53,600 shares. Walleye Trading Ltd Liability, Minnesota-based fund reported 5,334 shares. Northwestern Mutual Wealth Management stated it has 637 shares or 0% of all its holdings. State Board Of Administration Of Florida Retirement invested 0% in Worthington Industries, Inc. (NYSE:WOR). The Ohio-based Keybank National Association Oh has invested 0.01% in Worthington Industries, Inc. (NYSE:WOR). Cornercap Invest Counsel Inc invested in 0.08% or 14,865 shares. The New York-based Bnp Paribas Arbitrage Sa has invested 0% in Worthington Industries, Inc. (NYSE:WOR). Nelson Van Denburg And Campbell Wealth Mgmt Ltd Liability Co reported 0% of its portfolio in Worthington Industries, Inc. (NYSE:WOR). Gemmer Asset Mgmt Limited Liability Corporation reported 223 shares stake. Tcw Grp Incorporated, a California-based fund reported 31,718 shares. Art Advsrs Lc invested in 5,700 shares or 0.01% of the stock.

Wetherby Asset Management Inc, which manages about $3.65B and $802.53M US Long portfolio, decreased its stake in Vanguard Index Fds (VOO) by 1,966 shares to 1,155 shares, valued at $300,000 in 2019Q1, according to the filing. It also reduced its holding in Kt Corp (NYSE:KT) by 30,249 shares in the quarter, leaving it with 18,599 shares, and cut its stake in Spdr S&P 500 Etf Tr (Call) (SPY).

More notable recent International Business Machines Corporation (NYSE:IBM) news were published by: Benzinga.com which released: “McCarter & English Joins Blockchain In Transport Alliance – Benzinga” on June 17, 2019, also Fool.com with their article: “Better Buy: Berkshire Hathaway vs. IBM – Motley Fool” published on May 30, 2019, Fool.com published: “3 Top Artificial Intelligence Stocks to Watch in June – The Motley Fool” on June 16, 2019. More interesting news about International Business Machines Corporation (NYSE:IBM) were released by: Finance.Yahoo.com and their article: “IBM Debuts Self-Service AI-Powered Ad Experience to Enable Conversations Between Brands and Consumers – Yahoo Finance” published on June 03, 2019 as well as Finance.Yahoo.com‘s news article titled: “Spain’s Cerealto Siro develops new foods inspired by IBM Watson Artificial Intelligence – Yahoo Finance” with publication date: June 06, 2019.

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

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