IBM Q1 Tops Street, But Shares Down On Outlook

Washington Trust Company sold 3,318 shares as Ibm Corp (IBM)'s stock declined 0.39%. Over the past 52 weeks, the stock price has ranged between $139.13 to $171.69. The Volatility 3m of International Business Machines Corporation (NYSE:IBM) is 26.5283. IBM underperformed the S&P 500 by 24.13%.

Security, meanwhile, had "great growth this quarter and we continued to gain share", he said, adding: "We are well positioned in this market with our extensive security portfolio, which is enhanced with AI to address the needs of our clients". The stock decreased 7.53% or $12.12 during the last trading session, reaching $148.79. About 2.58M shares traded. It has underperformed by 16.67% the S&P500. Seven equities research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and eleven have given a buy rating to the stock. Therefore 40% are positive. Private Advsr reported 5,140 shares. A rating of 3 would signify a Hold recommendation. On Wednesday, August 2 the stock rating was maintained by Rosenblatt with "Hold". The score helps determine if a company's stock is valuable or not. IBM has a consensus rating of "Hold" and an average price target of $166.01. As per Tuesday, July 19, the company rating was maintained by Citigroup. BMO Capital Markets has "Market Perform" rating and $165 target. (NYSE:EFX) on Friday, March 31 with "Buy" rating.

Pivotal Research maintained its Buy rating and $180 price target. The firm has "Buy" rating by UBS given on Thursday, September 29. (NYSE:BMS). Fmr Ltd Liability Corporation has invested 0% in Bemis Company, Inc. Taking a look at the daily price change trend and size of price movement it is recorded that IBM spotted a positive behavior with drift of 0.75%. Bp Pcl invested in 99,500 shs. 42 funds opened positions while 84 raised stakes. Non-GAAP EPS was $2.45, up four per cent, which beat analyst estimates by $0.06. Rocky Mountain Advisers Lc has 0.02% invested in Equifax Inc. National Bank Of America De owns 12.58M shares. Mairs & Power holds 0% of its portfolio in Comcast Corporation (NASDAQ:CMCSA) for 6,710 shares. At one point in the past year, the shares traded as low as $5.47 but has recovered 263.62% since then. (NYSE:BMS) for 155,550 shares. In recent trading activity, company stock has moved 0.81% touching the price of $94.35. Westpac Corporation stated it has 74,344 shs or 0.26% of all its holdings. Moreover, Leavell Investment Management Incorporated has 0.22% invested in International Business Machines Corporation (NYSE:IBM). (NYSE:BMS). Sigma Planning holds 13,468 shares or 0.05% of its portfolio. IBM's total short interest was 15.59M shares in April as published by FINRA. It also upped Ishares Tr (GVI) stake by 42,902 shares and now owns 152,144 shares. Nielsen Hldgs Plc was reduced too.

Fj Capital Management Llc increased Provident Bancorp Inc stake by 32,000 shares to 79,000 valued at $2.09M in 2017Q4. Now the institutional investor is holding 143,010 shares, compared to the 93,810 from the previous quarter. Philip Morris Intl (NYSE:PM) was reduced too.

Big Money Sentiment increased to 1.03 in 2017 Q4. Its up 0.29, from 0.74 in 2017Q3. 156 funds acquired stakes and 519 increased stakes. 504.07 million shares or 2.90% less from 519.10 million shares in 2017Q3 were reported. Aull And Monroe Investment Mgmt has 15,668 shares for 1.21% of their portfolio. Utah Retirement Systems owns 16,745 shares or 0.02% of their U.S. portfolio.

International Business Machines Corporation (NYSE:IBM) is in the highlights and many would want to know whether now might be a good time for it to present much upside. Tcw Grp invested in 158,642 shs or 0.2% of the stock. Asset Advisors Corporation invested in 0.14% or 5,600 shs. Shares are down 5% in after-hours trading. Iberiabank owns 2,508 shares or 0.06% of their United States portfolio. Finally, Stifel Financial Corp grew its holdings in IBM by 9,678.2% during the 3rd quarter. Hudock Cap Gp Ltd Llc holds 10,358 shares. 4,804 are owned by Lodestar Investment Counsel Ltd Il. It is down 11.10% since April 19, 2017 and is downtrending. IBM had 19 analyst reports since October 27, 2017 according to SRatingsIntel. For IBM, the company now has 11.97 billion of cash on the books, which is offset by 6.99 billion in current liabilities. Winch Advisory Ltd Liability has 0% invested in International Business Machines Corporation (NYSE:IBM). The firm earned "Overweight" rating on Wednesday, January 17 by Barclays Capital. RBC Capital Markets maintained International Business Machines Corporation (NYSE:IBM) rating on Monday, November 13. The firm has "Sector Perform" rating given on Wednesday, April 19 by RBC Capital Markets.

Segment performance: Cognitive Solutions (solutions and transaction processing software), $4.3B (+2% in constant currency); Global Business Services (consulting, global process services, and application management), $4.2B (-1%); Technology Services & Cloud Platform (infrastructure services, tech support services, integration hardware), $8.6B (-1%); Systems (systems hardware and OS software), $1.5B (+4%); Global Financing (financing and used equipment sales), $405M (-4%).

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