Diversified Investment Strategies LLC Raises Stake in International Business Machines Corporation (IBM)

Alfred Osborne
December 7, 2017

International Business Machines (NYSE:IBM) last posted its earnings results on Tuesday, October 17th. It has underperformed by 11.84% the S&P500. Jackson Grant Investment Advisers Inc. now owns 737 shares of the technology company's stock worth $122,000 after buying an additional 6 shares in the last quarter. Kimberly Clark Corp now has $43.05B valuation.

The stock increased 0.89% or $0.15 during the last trading session, reaching $16.95. AKRTF's SI was 1.91M shares in December as released by FINRA. It is down 0.00% since December 6, 2016 and is. It has underperformed by 4.78% the S&P500.

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Investors sentiment decreased to 0.72 in Q2 2017. Its down 0.18, from 1.36 in 2017Q1. Schwab Charles Investment Management Inc. raised its position in shares of International Business Machines by 3.0% in the 2nd quarter. The technology company reported $3.30 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.28 by $0.02. Raymond James Ser holds 0.2% of its portfolio in International Business Machines Corporation (NYSE:IBM) for 185,430 shares. Moreover, Prospector Partners Llc has 1.04% invested in the company for 441,424 shares. Sumitomo Mitsui Trust Holdings Inc. now owns 2,808,640 shares of the technology company's stock valued at $432,053,000 after buying an additional 88,708 shares in the last quarter. Dana Inv Advsr Inc owns 1,328 shares. Morgan Stanley reiterated an "overweight" rating and issued a $192.00 price objective on shares of International Business Machines in a report on Wednesday, August 23rd. Aureus Asset Mngmt Ltd Liability Corporation holds 0.09% or 3,512 shares. Intellectus Partners LLC grew its position in International Business Machines by 9.8% in the 1st quarter. Bancshares Of Montreal Can holds 144,624 shares or 0.01% of its portfolio. Sterling Capital Mngmt Limited Liability Co holds 0.05% or 30,761 shares in its portfolio. Guggenheim initiated the stock with "Neutral" rating in Wednesday, January 4 report. During the same quarter past year, the business earned $3.29 EPS. IBM's profit will be $4.79 billion for 7.45 P/E if the $5.17 EPS becomes a reality. Royal Bank Of Canada, a Ontario - Canada-based fund reported 5,000 shares.

The 3.8 percent dividend yield is also very juicy with the S&P dividend yield at 1.9 percent and 10-year treasury yields at 2.4 percent. It also upped Blackrock Float Rate Ome Str (FRA) stake by 31,405 shares and now owns 132,252 shares. Therefore 32% are positive. The Virginia-based Markel has invested 0.05% in International Business Machines Corporation (NYSE:IBM). The stock has an average rating of "Hold" and a consensus price target of $159.12. The rating was maintained by BMO Capital Markets on Wednesday, October 18 with "Market Perform". The firm has "Buy" rating by Drexel Hamilton given on Friday, July 14. The firm has "Buy" rating by Argus Research given on Wednesday, August 26. The firm has "Underperform" rating by Credit Suisse given on Tuesday, July 19. As per Tuesday, July 19, the company rating was maintained by Bernstein. Finally, KeyCorp reiterated a "hold" rating on shares of International Business Machines in a report on Friday, November 3rd. Robert W. Baird upgraded the shares of ASTE in report on Tuesday, October 3 to "Outperform" rating. Eight research analysts have rated the stock with a sell rating, seventeen have given a hold rating, ten have given a buy rating and one has given a strong buy rating to the company's stock. Astec Industries had 15 analyst reports since July 22, 2015 according to SRatingsIntel. Goldman Sachs has "Neutral" rating and $147 target. The company was maintained on Wednesday, January 20 by Deutsche Bank. They set a "buy" rating and a $180.00 price objective for the company. The rating was downgraded by J.P. Morgan on Friday, October 20 to "Sell". The company was maintained on Thursday, August 31 by RBC Capital Markets. It improved, as 50 investors sold KMB shares while 418 reduced holdings. 25 funds opened positions while 60 raised stakes. 241.30 million shares or 1.02% more from 238.87 million shares in 2017Q1 were reported. Ejf Capital Llc, a Virginia-based fund reported 650,000 shares. Spinnaker owns 8,921 shares. Holt Capital Advisors Dba Holt Capital Prns LP holds 4,170 shares or 0.22% of its portfolio. Schroder Investment Management Group raised its holdings in International Business Machines by 14.9% during the 2nd quarter. SeaBridge Investment Advisors LLC now owns 76,818 shares of the technology company's stock valued at $11,817,000 after purchasing an additional 12,236 shares during the period. Walter Keenan Consulting Co Mi Adv reported 0.51% stake. (NASDAQ:ASTE). Panagora Asset Inc accumulated 33,346 shares. 3,347,856 shares of the company were exchanged, compared to its average volume of 4,263,785. Farmers And Merchants Invs Incorporated reported 47,125 shares. Cullen Capital Ltd invested in 0.01% or 2,665 shares. Swift Run Capital Management Llc owns 307,810 shares or 2.66% of their U.S. portfolio. Hsbc Pcl reported 0.18% in Kimberly-Clark Corporation (NYSE:KMB). Wealthtrust Axiom Ltd accumulated 48,004 shares.

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