Investors sentiment decreased to 0.98 in Q2 2019. Its down 0.05, from 1.03 in 2019Q1. It worsened, as 53 investors sold International Business Machines Corporation shares while 532 reduced holdings. 115 funds opened positions while 460 raised stakes. 472.00 million shares or 0.21% less from 473.01 million shares in 2019Q1 were reported.
Of Virginia Va reported 2,317 shares. Pacific Glob Inv Mgmt owns 2,985 shares. Fairfield Bush And Co owns 8,175 shares. Financial Management Inc reported 98 shares. Srb accumulated 3,633 shares. Nuveen Asset Ltd owns 4.84M shares or 0.26% of their US portfolio. Cortland Incorporated Mo invested in 3,848 shares. Cibc Mkts Incorporated owns 286,099 shares for 0.17% of their portfolio. Valicenti Advisory Svcs Inc holds 0.16% or 2,425 shares in its portfolio. 71,317 were accumulated by Lathrop Corporation. Parametric Port Assocs Ltd Llc owns 3.26M shares. Boyar Asset Inc holds 1,492 shares. First Limited Partnership invested in 0.59% or 2.28M shares. Quantbot Limited Partnership owns 0.09% invested in International Business Machines Corporation (NYSE:IBM) for 6,517 shares. Old Second National Bank Of Aurora accumulated 2,207 shares.
Analysts expect International Business Machines Corporation (NYSE:IBM) to report $2.70 EPS on October, 15.They anticipate $0.72 EPS change or 21.05 % from last quarter’s $3.42 EPS. IBM’s profit would be $2.39B giving it 13.26 P/E if the $2.70 EPS is correct. After having $3.17 EPS previously, International Business Machines Corporation’s analysts see -14.83 % EPS growth. The stock decreased 0.22% or $0.31 during the last trading session, reaching $143.24. About 2.20 million shares traded. International Business Machines Corporation (NYSE:IBM) has risen 1.89% since September 28, 2018 and is uptrending. It has outperformed by 1.89% the S&P500.
International Business Machines Corporation (NYSE:IBM) Ratings Coverage
Among 9 analysts covering IBM (NYSE:IBM), 5 have Buy rating, 0 Sell and 4 Hold. Therefore 56% are positive. IBM has $17500 highest and $140 lowest target. $158.56’s average target is 10.70% above currents $143.24 stock price. IBM had 10 analyst reports since April 11, 2019 according to SRatingsIntel. The firm has “Buy” rating given on Thursday, July 18 by Nomura. The rating was maintained by Morgan Stanley with “Overweight” on Thursday, August 1. Citigroup maintained the shares of IBM in report on Wednesday, April 17 with “Neutral” rating. The firm has “Market Perform” rating given on Tuesday, August 6 by Wells Fargo. The rating was maintained by JP Morgan with “Neutral” on Thursday, July 18. On Wednesday, April 17 the stock rating was maintained by BMO Capital Markets with “Market Perform”. On Monday, August 5 the stock rating was maintained by Bank of America with “Buy”. Nomura maintained the shares of IBM in report on Monday, August 5 with “Buy” rating.
International Business Machines Corporation provides information technology services and products worldwide. The company has market cap of $126.89 billion. The Company’s Cognitive Solutions segment includes Watson, a cognitive computing platform that interacts in natural language, processes big data, and learns from interactions with people and computers. It has a 14.79 P/E ratio. The companyÂ’s Cognitive Solutions segment also offers data and analytics solutions, including analytics and data management platforms, cloud data services, enterprise social software, talent management solutions, and solutions tailored by industry; and transaction processing software that runs mission-critical systems in banking, airlines, and retail industries.
More notable recent International Business Machines Corporation (NYSE:IBM) news were published by: Forbes.com which released: “IBM Continues To Invest Big In High-Performance Computing – Forbes” on September 06, 2019, also Seekingalpha.com with their article: “IBM extends quantum computing to Germany – Seeking Alpha” published on September 10, 2019, Finance.Yahoo.com published: “Red Hat Purchase Makes IBM Stock Speculative Dividend Play – Yahoo Finance” on September 09, 2019. More interesting news about International Business Machines Corporation (NYSE:IBM) were released by: Finance.Yahoo.com and their article: “Expect the IBM Stock Price to Keep Trading Sideways at Best – Yahoo Finance” published on September 06, 2019 as well as Finance.Yahoo.com‘s news article titled: “Can International Business Machines Corporation’s (NYSE:IBM) ROE Continue To Surpass The Industry Average? – Yahoo Finance” with publication date: September 02, 2019.
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