The technology company reported $5.18 EPS for the quarter, beating the Zacks' consensus estimate of $5.17 by $0.01. International Business Machines Corporation's institutional ownership is 59.5%, while its institutional transactions stand at -0.34%. 7,763,603 shares of the company traded hands, compared to its average volume of 6,670,000.
Traders have different rules for what constitutes liquidity and a good guide is the volume of trades and volume of shares that are traded each day. International Business Machines Corporation (IBM) has a market cap of $138.96 billion and over the last 12 months, International Business Machines Corporation (NYSE:IBM) has gone weaker by -15.63%. It has underperformed by 11.84% the S&P500.
Sterneck Capital Management Llc, which manages about $314.88 million and $174.40 million US Long portfolio, decreased its stake in Boeing Co (NYSE:BA) by 3,308 shares to 3,120 shares, valued at $793,000 in 2017Q3, according to the filing. Hellman Jordan Management Company Inc sold 13,105 shares as the company's stock declined 6.00% while stock markets rallied. The Sterneck Capital Management Llc holds 27,387 shares with $3.97 million value, up from 21,281 last quarter. The stock decreased 0.90% or $0.34 during the last trading session, reaching $37.53. About 2.89 million shares traded or 55.03% up from the average. It is down 74.75% since February 13, 2017 and is downtrending. It has underperformed by 4.57% the S&P500.
Among 3 analysts covering Ergomed (LON:ERGO), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 56% are positive. Sinclair Broadcast Group Inc had 22 analyst reports since July 30, 2015 according to SRatingsIntel. Barclays Capital maintained it with "Overweight" rating and $63 target in Thursday, February 1 report. (NYSE:JPM) on Friday, October 13 with "Neutral" rating. On Thursday, January 18 the stock rating was maintained by Wedbush with "Hold".More news: Top intelligence chief: U.S. elections 'under attack' from Russian Federation
In other news, Director Frederick H. Waddell acquired 610 shares of the business's stock in a transaction that occurred on Wednesday, January 31st. BMO Capital Markets maintained Bank of America Corporation (NYSE:BAC) rating on Wednesday, April 12. The stock has "Buy" rating by Argus Research on Friday, July 21. RBC Capital Markets upgraded the stock to "Outperform" rating in Wednesday, January 3 report. The firm earned "Hold" rating on Tuesday, October 20 by Deutsche Bank. Strs Ohio reported 14,200 shares. It also increased its holding in Credit Suisse Group (Put) (NYSE:CS) by 521,300 shares in the quarter, for a total of 729,500 shares, and has risen its stake in Vaneck Vectors Etf Tr (Put).
Investors sentiment increased to 1 in Q3 2017. It turned negative, as 39 investors sold SBGI shares while 58 reduced holdings. 65 funds opened positions while 289 raised stakes.
According to the Recommendation Trends of the stock polled by Finviz, the company has a consensus recommendation of 2.5 out of the scale from 1 to 5 where 1 stands for Buy and 5 means Sell. (NYSE:JPM). Nichols & Pratt Advisers Llp Ma holds 26,823 shares. Wells Fargo maintained JPMorgan Chase & Co. Old National State Bank In, a Indiana-based fund reported 44,863 shares. Lucus Advsr Limited reported 11,201 shares. 14,885 were reported by Northern Cap Limited Liability Corp. Mu Invests accumulated 240 shares or 0.03% of the stock. Further, company shares have been seen trading -7.14% off of the 52 week high and 13.85% away from the 52 week low. Huntington Bankshares holds 0.13% or 192,015 shares. (NYSE:MET). Nuance Investments Lc reported 668,886 shares stake.
Since August 21, 2017, it had 1 buy, and 10 insider sales for $23.24 million activity. (NYSE:JPM). Kbc Group Nv owns 1.79M shares. The rating was maintained by Societe Generale with "Sell" on Friday, January 19.More news: Sen. Thune: Trump Made 'Good Faith Effort' on Immigration
Price targets show what analysts believes a stock will be worth at the end of a certain time period. Therefore 39% are positive. International Business Machines Corp. has a 1 year low of $139.13 and a 1 year high of $182.79. Now we look at the Moving Averages, the 200-day is -0.28%, the 50-day is -4.26% and the 20-day is -6.21%. Cantor Fitzgerald restated a "hold" rating and issued a $152.00 price target on shares of International Business Machines in a report on Friday, January 19th. Harvest Cap Mngmt Incorporated invested 0.13% in International Business Machines Corporation (NYSE:IBM). Citigroup has "Neutral" rating and $155 target. As per Wednesday, August 16, the company rating was maintained by Jefferies. BMO Capital Markets has "Market Perform" rating and $170 target. The firm has "Outperform" rating by RBC Capital Markets given on Tuesday, November 10. The firm earned "Hold" rating on Monday, September 25 by KeyBanc Capital Markets.
Investors sentiment increased to 0.74 in 2017 Q3. Its down 0.05, from 0.94 in 2017Q2. It dropped, as 68 investors sold BAC shares while 569 reduced holdings. 5 funds opened positions while 19 raised stakes. Flippin Bruce & Porter Inc. now owns 85,378 shares of the technology company's stock worth $13,134,000 after purchasing an additional 4,956 shares in the last quarter.
International Business Machines Corporation (IBM) has an Analysts' Mean Recommendation of 2.5. Birmingham Capital Management Co. Inc. Fdx Advisors holds 340,588 shares or 0.24% of its portfolio. It is a positive indicator for investor portfolio value - when the price of a stock Investor owns goes up in value. Steinberg Global Asset, Florida-based fund reported 5,079 shares.
Shares of International Business Machines Corp. Avalon Ltd Limited Liability Company reported 0.26% of its portfolio in International Business Machines Corporation (NYSE:IBM). 5,595 were reported by Summit Equities. Chilton Capital Mngmt Limited Liability Company holds 0.84% or 345,133 shares in its portfolio. Richard C Young & Limited holds 26,817 shares or 0.74% of its portfolio. The stock of International Business Machines Corporation (NYSE:IBM) earned "Buy" rating by Stifel Nicolaus on Friday, January 19.More news: Dancing 'Kim Jong-un' Scares Korean Cheerleaders at Olympics
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