Quantum Capital Management increased its stake in International Business Machs (IBM) by 86.46% based on its latest 2019Q1 regulatory filing with the SEC. Quantum Capital Management bought 2,944 shares as the company’s stock declined 2.27% while stock markets rallied. The institutional investor held 6,349 shares of the computer manufacturing company at the end of 2019Q1, valued at $896,000, up from 3,405 at the end of the previous reported quarter. Quantum Capital Management who had been investing in International Business Machs for a number of months, seems to be bullish on the $134.20B market cap company. The stock increased 0.64% or $0.97 during the last trading session, reaching $151.36. About 2.70 million shares traded. International Business Machines Corporation (NYSE:IBM) has declined 6.86% since July 27, 2018 and is downtrending. It has underperformed by 11.29% the S&P500. Some Historical IBM News: 16/04/2018 – International Business Machines Corp expected to post earnings of $2.41 a share – Earnings Preview; 17/04/2018 – IBM 1Q Cloud Rev $4.2B; 30/05/2018 – Komprise Announces Strategic Reseller Agreement With IBM To Enable Intelligent Data Management; 24/05/2018 – IBM CEO GINNI ROMETTY SPEAKS AT VIVA TECH IN PARIS: LIVE; 10/05/2018 – IBM Announces Collaboration with North Carolina State University to Accelerate Quantum Computing; 03/05/2018 – IBM ACQUIRES ARMANTA TO HELP FINL SERVICES FIRMS MEET DEMANDS; 21/03/2018 – IBM’s new blockchain product is a cheaper alternative its current enterprise plan for firms looking to develop blockchain applications; 11/04/2018 – Silicon Valley Company Announces IBM General Manager as its CEO; 13/04/2018 – MICROSOFT, IBM, DELL, HPE ARE SAID TO BE INVOLVED IN INITIATIVE; 07/05/2018 – BMC considers sale, draws KKR, Thoma Bravo interest
Bright Rock Capital Management Llc decreased its stake in Schlumberger Ltd (SLB) by 86.91% based on its latest 2019Q1 regulatory filing with the SEC. Bright Rock Capital Management Llc sold 166,000 shares as the company’s stock declined 11.46% while stock markets rallied. The institutional investor held 25,000 shares of the oilfield services and equipment company at the end of 2019Q1, valued at $1.09M, down from 191,000 at the end of the previous reported quarter. Bright Rock Capital Management Llc who had been investing in Schlumberger Ltd for a number of months, seems to be less bullish one the $55.33B market cap company. The stock increased 0.15% or $0.06 during the last trading session, reaching $40.01. About 6.71 million shares traded. Schlumberger Limited (NYSE:SLB) has declined 45.07% since July 27, 2018 and is downtrending. It has underperformed by 49.50% the S&P500.
Investors sentiment increased to 1.03 in Q1 2019. Its up 0.44, from 0.59 in 2018Q4. It is positive, 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. Oxbow Advsrs Ltd Liability Corp stated it has 2,703 shares or 0.05% of all its holdings. Plante Moran Financial Advsrs Ltd reported 0.25% stake. Gradient Invests Ltd Liability reported 2,498 shares or 0.02% of all its holdings. Cleararc holds 0.36% or 13,707 shares. Tru Department Mb Commercial Bank N A owns 3,182 shares or 0.06% of their US portfolio. Mcf Advsrs Llc holds 0.06% or 2,525 shares in its portfolio. Mackenzie, Ontario – Canada-based fund reported 275,495 shares. Tudor Inv Et Al holds 25,695 shares. Spc has 4,447 shares for 0.13% of their portfolio. Alta Management Limited Liability Corp invested in 11,227 shares or 0.09% of the stock. Martingale Asset Management Lp owns 488,897 shares. Neville Rodie And Shaw has invested 0.75% in International Business Machines Corporation (NYSE:IBM). Economic Planning Group Inc Adv stated it has 2,343 shares or 0.1% of all its holdings. The California-based Checchi Advisers Limited Liability Corp has invested 0.14% in International Business Machines Corporation (NYSE:IBM). Putnam Invs Ltd Liability Company accumulated 843,581 shares.
More notable recent International Business Machines Corporation (NYSE:IBM) news were published by: Seekingalpha.com which released: “IBM: Big Blue Is A Big Short – Seeking Alpha” on July 02, 2019, also Investorideas.com with their article: “Investorideas.com Newswire – The AI Eye: IBM (NYSE: $IBM) Garage AI and Hybrid Cloud Used by Over 500 Companies Worldwide and Accenture (NYSE: $ACN) Wins Quantum Computing Machine Learning Patent – InvestorIdeas.com” published on July 01, 2019, Marketwatch.com published: “IBM earnings: Whatâ€™s the plan for Red Hat? – MarketWatch” on July 16, 2019. More interesting news about International Business Machines Corporation (NYSE:IBM) were released by: Finance.Yahoo.com and their article: “Are Insiders Selling International Business Machines Corporation (NYSE:IBM) Stock? – Yahoo Finance” published on July 01, 2019 as well as Benzinga.com‘s news article titled: “Bulls & Bears Of The Week: Costco, DuPont, IBM, Merck And More – Benzinga” with publication date: July 13, 2019.
Quantum Capital Management, which manages about $700.30 million and $185.66M US Long portfolio, decreased its stake in Northwest Pipe Co (NASDAQ:NWPX) by 61,828 shares to 89,776 shares, valued at $2.16M in 2019Q1, according to the filing. It also reduced its holding in Vanguard Group (VIG) by 23,535 shares in the quarter, leaving it with 8,068 shares, and cut its stake in Craft Brew Alliance Inc (NASDAQ:BREW).
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)Schlumberger Limited(t)Schlumberger Limited – (NYSE:SLB)(t)NYSE:SLB(t)Stock News(t)13F(t)Insitutional Ownership Change
This is a syndicated post. Read the original post at Source link .