International Business Machs (IBM) Position Increased by State Of Wisconsin Investment Board

July 17, 2017 - By Michael Collier

Investors sentiment is 0.91 in Q4 2016. Its the same as in 2016Q3. It has no change, as 83 investors sold IBM shares while 629 reduced holdings. only 113 funds opened positions while 533 raised stakes. 547.10 million shares or 2.12% more from 535.77 million shares in 2016Q3 were reported. Altfest L J And Company Incorporated holds 24,954 shares or 2.07% of its portfolio. Wellington Grp Incorporated Llp holds 0.01% or 327,513 shares in its portfolio. Kanaly Com holds 0.13% of its portfolio in International Business Machines Corp. (NYSE:IBM) for 3,727 shares. Moreover, Oakbrook has 0.16% invested in International Business Machines Corp. (NYSE:IBM) for 14,286 shares. Private Harbour Management & Counsel Limited Liability Co reported 2,731 shares. Balasa Dinverno And Foltz Lc has 6,374 shares for 0.18% of their portfolio. Avalon Limited Liability, a Texas-based fund reported 239,076 shares. Toth Finance Advisory stated it has 16,667 shares or 0.79% of all its holdings. Evanson Asset Limited Liability Corporation reported 5,126 shares. Mai Cap Mngmt accumulated 10,915 shares. Pinnacle Prtn holds 14,629 shares or 0.53% of its portfolio. Grantham Mayo Van Otterloo & Comm Ltd Limited Liability Company accumulated 0.41% or 456,281 shares. Buckingham Asset Mngmt reported 5,764 shares stake. Lombard Odier Asset Management (Europe) holds 0.69% or 11,396 shares in its portfolio. Smith Chas P And Pa Cpas has 2,297 shares.

Since February 7, 2017, it had 1 insider purchase, and 2 insider sales for $732,394 activity. KAVANAUGH JAMES J had sold 559 shares worth $99,674 on Tuesday, February 7. On Tuesday, May 16 OWENS JAMES W bought $263,180 worth of International Business Machines Corp. (NYSE:IBM) or 1,718 shares. Shares for $895,900 were sold by Gherson Diane J.

State Of Wisconsin Investment Board increased its stake in International Business Machs (IBM) by 4.81% based on its latest 2016Q4 regulatory filing with the SEC. State Of Wisconsin Investment Board bought 40,217 shares as the company’s stock declined 15.88% while stock markets rallied. The institutional investor held 875,833 shares of the computer manufacturing company at the end of 2016Q4, valued at $145.38M, up from 835,616 at the end of the previous reported quarter. State Of Wisconsin Investment Board who had been investing in International Business Machs for a number of months, seems to be bullish on the $145.48B market cap company. The stock increased 0.40% or $0.61 during the last trading session, reaching $154.24. About 94 shares traded. International Business Machines Corp. (NYSE:IBM) has risen 4.86% since July 17, 2016 and is uptrending. It has underperformed by 11.84% the S&P500.

State Of Wisconsin Investment Board, which manages about $23.22 billion US Long portfolio, decreased its stake in Alaska Air Group Inc (NYSE:ALK) by 69,819 shares to 65,551 shares, valued at $5.82 million in 2016Q4, according to the filing. It also reduced its holding in Stryker Corp (NYSE:SYK) by 31,655 shares in the quarter, leaving it with 226,494 shares, and cut its stake in Tegna Inc.

More notable recent International Business Machines Corp. (NYSE:IBM) news were published by: Seekingalpha.com which released: “New era of encryption: IBM Z” on July 17, 2017, also Fool.com with their article: “International Business Machines Corporation in 7 Charts” published on June 17, 2017, Seekingalpha.com published: “Leadership In Cognitive Cybersecurity Makes IBM A Worthy Investment” on July 17, 2017. More interesting news about International Business Machines Corp. (NYSE:IBM) were released by: Fool.com and their article: “How International Business Machines Corporation Makes Most of Its Money” published on June 27, 2017 as well as Seekingalpha.com‘s news article titled: “IBM: Income Play With Very Poor Total Return” with publication date: July 14, 2017.

International Business Machines Corp. (NYSE:IBM) Ratings Coverage

Among 26 analysts covering International Business Machines (NYSE:IBM), 7 have Buy rating, 5 Sell and 14 Hold. Therefore 27% are positive. International Business Machines has $20000 highest and $11000 lowest target. $157.52’s average target is 2.13% above currents $154.24 stock price. International Business Machines had 80 analyst reports since July 21, 2015 according to SRatingsIntel. Stifel Nicolaus maintained the shares of IBM in report on Friday, January 8 with “Buy” rating. The company was upgraded on Thursday, February 18 by Morgan Stanley. The firm has “Sector Perform” rating by RBC Capital Markets given on Monday, October 5. The firm has “Sector Perform” rating given on Wednesday, April 19 by RBC Capital Markets. RBC Capital Markets maintained it with “Sector Perform” rating and $150.0 target in Tuesday, October 20 report. The firm has “Neutral” rating given on Tuesday, October 20 by UBS. JMP Securities initiated International Business Machines Corp. (NYSE:IBM) on Friday, November 20 with “Market Perform” rating. The company was maintained on Tuesday, October 18 by Barclays Capital. The firm earned “Neutral” rating on Tuesday, October 18 by Citigroup. The stock has “Hold” rating by RBC Capital Markets on Tuesday, July 11.

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