Published: Wed, March 07, 2018
Business | By Tara Barton

Monitor High Dividend Stock: International Business Machines Corporation (IBM) Yielding 3.85%


Highstreet Asset Management Inc sold 9,988 shares as the company's stock declined 2.93% while stock markets rallied. Business Machines Corp for a number of months, seems to be bullish on the $143.44B market cap company. The fund owned 4,201 shares of the technology company's stock after acquiring an additional 1,000 shares during the period. About 3.69 million shares traded.

International Business Machines Corporation (IBM) is projected to achieve earnings per share (EPS) growth of -3.30% for this year while EPS growth expected to touch 2.58% for next year. It has underperformed by 33.21% the S&P500. Drexel Hamilton maintained International Business Machines Corporation (NYSE:IBM) on Tuesday, April 19 with "Buy" rating. Ptc Therapeutics Inc (Call) now has $1.11B valuation. The stock decreased 0.78% or $1.23 during the last trading session, reaching $155.72. About 607,702 shares traded. Uranium Energy Corp. (UEC) has risen 99.14% since March 7, 2017 and is uptrending. It has outperformed by 59.49% the S&P500. It also increased its holding in Qualcomm Inc (NASDAQ:QCOM) by 63,731 shares in the quarter, for a total of 220,826 shares, and has risen its stake in Fluor Corp New (NYSE:FLR). Gilead Sciences Inc (NASDAQ:GILD) was reduced too. The shares were sold at an average price of $154.66, for a total transaction of $2,010,580.00. Shares for $40,207 were sold by Peltz Stuart Walter. Oracle Investment Management Inc owns 6.30 million shares or 3.62% of their United States portfolio.

Cabinet approves 2% DA to Central Government Employees From January 2018
This hike in DA and DR together will put additional burden of Rs 6,077.72 crore on the state exchequer every year. The cabinet has also approved two percent Dearness Relief (DR) to pensioners with effect from 1st January 2018.

Investors sentiment increased to 1.03 in Q3 2017. Its down 0.11, from 1.08 in 2017Q2. The institutional investor held 34,078 shares of the investment managers company at the end of 2017Q3, valued at $804,000, up from 11,430 at the end of the previous reported quarter. 25 funds opened positions while 45 raised stakes. Moon Cap Management Ltd Com invested in 0.45% or 2,700 shares. (NASDAQ:PTCT) for 50,000 shares. First Amer Bank holds 0.13% or 11,629 shares. Cobblestone Advisors Ltd Limited Liability Company New York reported 8,150 shares. Dekabank Deutsche Girozentrale accumulated 200,775 shares or 0.12% of the stock. Hourglass Capital LLC now owns 51,680 shares of the technology company's stock worth $7,950,000 after purchasing an additional 23,510 shares during the last quarter. Bangor Savings Bank who had been investing in Intl. Horan Capital Advisors LLC. purchased a new position in shares of International Business Machines during the 3rd quarter valued at $136,000. 75,501 are owned by Highstreet Asset Mgmt Inc. Csu Producer Inc, Ohio-based fund reported 6,000 shares. It is a positive indicator for investor portfolio value - when the price of a stock Investor owns goes up in value. Amg Natl Comml Bank stated it has 17,905 shares. Regentatlantic Cap Lc holds 64,921 shares. Swiss Retail Bank holds 0% of its portfolio in PTC Therapeutics, Inc. Investor Ab reported 0.04% in The Carlyle Group L.P. (NASDAQ:CG). Seven research analysts have rated the stock with a sell rating, seventeen have given a hold rating and eleven have issued a buy rating to the stock. Therefore 57% are positive. Pinnacle Advisory reported 0.05% in International Business Machines Corporation (NYSE:IBM). On Tuesday, February 20 the insider Hall Charles J sold $5.05 million. Goldman Sachs maintained the shares of IBM in report on Tuesday, October 18 with "Neutral" rating. Finally, Goldman Sachs Group set a $170.00 price objective on shares of International Business Machines and gave the stock a "neutral" rating in a report on Friday, January 19th. More interesting news about International Business Machines Corporation (NYSE:IBM) were released by: Bloomberg.com and their article: "IBM in Talks to Allow Ex-Diversity Chief to Work for Microsoft" published on February 22, 2018 as well as Reuters.com's news article titled: "IBM settles legal dispute with diversity officer hired by Microsoft" with publication date: March 05, 2018. The stock of HCA Healthcare, Inc. The rating was maintained by RBC Capital Markets with "Hold" on Thursday, September 14. Lazard Asset Mngmt Limited Liability owns 0.03% invested in International Business Machines Corporation (NYSE:IBM) for 101,601 shares. Cranswick plc (LON:CWK) has 0.00% since March 7, 2017 and is. Its down 0.09, from 0.88 in 2017Q2. It increased, as 70 investors sold IBM shares while 676 reduced holdings. 519.10 million shares or 2.22% less from 530.91 million shares in 2017Q2 were reported. Farmers & Merchants Trust Co of Chambersburg PA's holdings in International Business Machines were worth $145,000 at the end of the most recent quarter. Zurcher Kantonalbank (Zurich Cantonalbank) reported 211,725 shares or 0.29% of all its holdings. Baker Boyer National Bank invested in 1.59% or 3,320 shares. Deroy And Devereaux Private Counsel stated it has 169,195 shares or 1.51% of all its holdings. Portland Advsr Limited Liability Corporation accumulated 17,646 shares. Northwestern Mutual Wealth reported 49,681 shares. Meristem Llp holds 5,836 shares. Clementi Erich also sold $2.01M worth of International Business Machines Corporation (NYSE:IBM) shares. West Coast Ltd Llc holds 29,142 shares. Everence Capital Mngmt reported 18,566 shares. Usca Ria Ltd Com reported 44,628 shares. Mckinley Cap Limited Liability Corp Delaware owns 224,485 shares or 0.22% of their USA portfolio. International Business Machines Corporation, belongs to Technology sector and Information Technology Services industry. Pacific Glob Inv Management stated it has 13,404 shares. UBS maintained International Business Machines Corporation (NYSE:IBM) on Tuesday, July 19 with "Neutral" rating. They expect $2.37 EPS, down 0.42% or $0.01 from last year's $2.38 per share. RDNT's profit would be $6.19M giving it 19.52 P/E if the $0.13 EPS is correct.

Among 33 analysts covering International Business Machines (NYSE:IBM), 13 have Buy rating, 4 Sell and 16 Hold. Therefore 36% are positive. Vetr raised International Business Machines from a "buy" rating to a "strong-buy" rating and set a $165.26 target price for the company in a research report on Wednesday, November 15th. The stock of Cranswick plc (LON:CWK) earned "Buy" rating by Investec on Tuesday, January 10. The firm has "Outperform" rating given on Wednesday, January 3 by RBC Capital Markets. The firm has "Hold" rating given on Monday, September 25 by KeyBanc Capital Markets. Stifel Nicolaus maintained the shares of IBM in report on Thursday, October 5 with "Buy" rating. The firm has a market capitalization of $145,040.00, a price-to-earnings ratio of 13.01, a PEG ratio of 2.29 and a beta of 0.94. The stock has "Buy" rating by S&P Research on Thursday, August 27. The stock of International Business Machines Corporation (NYSE:IBM) has "Hold" rating given on Tuesday, July 18 by Oppenheimer. Argus Research maintained it with "Buy" rating and $192 target in Wednesday, March 22 report.

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