What Do Analysts Suggest For International Business Machines Corporation (IBM)

Tuesday, 06 Feb, 2018

Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 70,486 shares of the technology company's stock worth $10,226,000 after acquiring an additional 6,969 shares during the period. Private Advisor Group LLC now owns 73,708 shares of the technology company's stock worth $10,836,000 after acquiring an additional 16,525 shares during the last quarter. The company's quarterly revenue was up 3.6% on a year-over-year basis.

The Relative Volume of the company is 1.65 and Average Volume (3 months) is 5.27 million. About 1.83M shares traded. It is up 23.87% since February 6, 2017 and is uptrending.

Checchi Capital Advisers LLC grew its position in shares of International Business Machines Corporation (NYSE:IBM) by 7.9% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. Motco sold 2,488 shares as the company's stock declined 15.88% while stock markets rallied. Spc Financial, a Maryland-based fund reported 3,346 shares. Twin Capital Management Inc who had been investing in International Business Machs C for a number of months, seems to be less bullish one the $141.21B market cap company. The stock decreased 4.39% or $2.73 during the last trading session, reaching $59.44. About 6.98M shares traded or 105.42% up from the average.

International Business Machines (NYSE:IBM) last announced its quarterly earnings data on Thursday, January 18th. It has underperformed by 11.84% the S&P500.

Susquehanna International Group Llp, which manages about $39.64 billion US Long portfolio, decreased its stake in Achaogen Inc (Call) (NASDAQ:AKAO) by 114,600 shares to 86,800 shares, valued at $1.38M in 2017Q3, according to the filing. Pacific Glob Invest Co holds 0.44% or 13,404 shares.

Since January 31, 2018, it had 1 buying transaction, and 0 sales for $99,659 activity.

Investors sentiment decreased to 0.95 in Q3 2017. Its down 0.23, from 1.31 in 2017Q2. Gamco Investors Inc Et Al reported 35,330 shares. 132 funds opened positions while 462 raised stakes. Virginia Retirement Systems ET AL now owns 207,500 shares of the technology company's stock worth $30,104,000 after acquiring an additional 92,500 shares during the period. Boyd Watterson Asset Limited Company Oh reported 0.37% stake. Great Lakes Advisors Ltd Co reported 37,954 shares. 217,274 are owned by Invesco. Wells Fargo & Mn holds 0% of its portfolio in Barnes Group Inc. (NYSE:ABBV) or 4,614 shares. It has ditched 1.11 million shares. Macquarie Gp Ltd has 0.23% invested in Barnes Group Inc. ZARCONE DONNA F had sold 5,971 shares worth $1.29M. 177,188 are owned by Jpmorgan Chase And. Highland Lc stated it has 7,176 shares or 0.08% of all its holdings. Cornerstone Inv Prns Limited Co owns 6,360 shares or 0.02% of their United States portfolio. 3,606 were reported by Destination Wealth Management. Therefore 39% are positive. Abbvie Inc had 78 analyst reports since July 21, 2015 according to SRatingsIntel. The company was maintained on Tuesday, October 31 by Piper Jaffray. The stock has "Buy" rating by BMO Capital Markets on Thursday, June 22. The rating was upgraded by Sidoti on Tuesday, January 12 to "Buy". As per Monday, November 13, the company rating was maintained by Morgan Stanley. The firm has "Hold" rating given on Monday, September 26 by Societe Generale. The firm has "Buy" rating given on Thursday, January 18 by Bank of America. The rating was upgraded by Raymond James to "Outperform" on Tuesday, August 25. (NYSE:ELLI) to report earnings on February, 8. Oppenheimer has "Outperform" rating and $36 target. The firm earned "Sell" rating on Wednesday, July 12 by Jefferies.

Analysts await Ellie Mae, Inc. (IBM) opened at $152.53 on Tuesday. They expect $0.68 EPS, up 1.49% or $0.01 from last year's $0.67 per share. ELLI's profit will be $2.42M for 316.96 P/E if the $0.07 EPS becomes a reality.

These analysts also forecasted Growth Estimates for the Current Quarter for IBM to be 0.4%.

Investors sentiment increased to 0.74 in Q3 2017. Its up 0.67, from 0.34 in 2017Q2.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. "(IBM) Stake Raised by Aureus Asset Management LLC" was originally published by The Lincolnian Online and is owned by of The Lincolnian Online. The technology company reported $5.18 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $5.17 by $0.01. 2,162 are held by Cutler Investment Counsel Ltd Liability. Commonwealth Of Pennsylvania Pub School Empls Retrmt System holds 45,318 shares or 0.04% of its portfolio. Metropolitan Life Ins New York holds 0.04% or 116,731 shares in its portfolio. Shelter Mutual holds 2.99% or 66,100 shares. Smithfield Tru Communication reported 160 shares or 0% of all its holdings. Wagner Bowman reported 2,313 shares or 0.09% of all its holdings. International Business Machines Corporation is a part of Technology sector and belongs to Information Technology Services industry. Mackenzie Financial Corp now owns 612,488 shares of the technology company's stock worth $88,860,000 after buying an additional 18,983 shares in the last quarter. Strs Ohio, Ohio-based fund reported 119,256 shares. Legacy Capital has 0.21% invested in International Business Machines Corporation (NYSE:IBM) for 2,724 shares. LLC grew its position in International Business Machines by 0.3% in the second quarter. Moreover, Cacti Asset Limited Liability Com has 0.2% invested in International Business Machines Corporation (NYSE:IBM).

International Business Machines Corporation (IBM) is a technology company. 7 analysts say it's a Hold while 0 analysts provided their expert opinion as Sell.

Among 33 analysts covering International Business Machines (NYSE:IBM), 13 have Buy rating, 4 Sell and 16 Hold. Therefore 0 are positive. RBC Capital Markets maintained the shares of IP in report on Wednesday, July 19 with "Buy" rating.

Many analysts are providing their Estimated Earnings analysis for International Business Machines Corporation and for the current quarter 19 analysts have projected that the stock could give an Average Earnings estimate of $2.39/share. International Business Machines now has a consensus rating of "Hold" and an average price target of $164.37. Finally, Bank of Montreal Can lifted its stake in International Business Machines Corporation by 11.0% during the first quarter. The rating was maintained by RBC Capital Markets with "Buy" on Sunday, August 20. The firm has "Buy" rating by BMO Capital Markets given on Friday, July 14. JMP Securities initiated the shares of IBM in report on Friday, November 20 with "Market Perform" rating.