Economy

International Business Machines Corporation (NYSE:IBM) declared EPS

Shares of International Business Machines Corporation (NYSE:IBM) traded down 0.29% during midday trading on Friday, hitting $153.81. The Hm Payson & Company holds 195,022 shares with $32.37M value, down from 197,300 last quarter.

Several analysts have released their opinion on International Business Machines Corporation (NYSE:IBM), with 4 analysts believing it is a strong buy. The stock declined 0.67% or $1.04 reaching $153.21 per share. IBM trades with a P/S ratio of 1.83. After $2.38 actual earnings per share reported by International Business Machines Corp. for the previous quarter, Wall Street now forecasts 14.29% EPS growth. It has underperformed by 11.84% the S&P500.

International Business Machines Corporation (NYSE:IBM) said that, it is pairing with BMW to provide cloud-based data management for the German auto maker's recently launched connected car initiative, a move by the centenarian tech giant to deepen its move into passenger vehicles. Gilead Sciences now has $84.46 billion valuation. The stock declined 0.01% or $0.01 reaching $154.24 on the news. A total volume of 4.79 million shares were traded versus to average volume of 6.2 million shares. Gilead Sciences, Inc. (NASDAQ:GILD) has declined 21.80% since June 14, 2016 and is downtrending. It has outperformed by 1.89% the S&P500.

Since February 7, 2017, it had 1 insider purchase, and 2 sales for $732,394 activity. $895,900 worth of stock was sold by Gherson Diane J on Monday, February 13. $107,600 worth of Pennsylvania R.E.I.T. (NYSE:PEI) was bought by ROBERTS JOHN JOSEPH on Tuesday, May 30. The stock of International Business Machines Corp. (NYSE:IBM) shares with value of $99,674 were sold by KAVANAUGH JAMES J.

Navellier & Associates Inc decreased Adobe Systems Inc. It also upped Skyworks Solutions Inc (NASDAQ:SWKS) stake by 6,433 shares and now owns 102,402 shares. Posco (NYSE:PKX) was reduced too. Therefore 27% are positive. Analysts anticipate that International Business Machines Corporation will post $13.70 earnings per share for the current fiscal year. The company was maintained on Tuesday, July 19 by Drexel Hamilton. (NYSE:IBM) on Tuesday, April 4 with "Sell" rating. International Business Machines Corporation has a 12-month low of $142.50 and a 12-month high of $182.79. Bridgeway Cap Mngmt has invested 0.2% in International Business Machines Corp. (NYSE:IBM) has "Sector Perform" rating given on Monday, October 5 by RBC Capital Markets. The rating was maintained by Morgan Stanley with "Overweight" on Tuesday, October 18. The firm has "Hold" rating by Societe Generale given on Monday, September 26. JP Morgan maintained International Business Machines Corp. The firm has "Buy" rating given on Thursday, January 12 by Stifel Nicolaus. Deutsche Bank maintained it with "Hold" rating and $145 target in Tuesday, July 19 report. The company was initiated on Friday, November 20 by JMP Securities. The rating was maintained by Goldman Sachs with "Neutral" on Tuesday, October 18.

Investors sentiment is 0.91 in 2016 Q4. Its the same as in 2016Q3. It is the same, as 83 investors sold IBM shares while 629 reduced holdings. only 113 funds opened positions while 533 raised stakes. The institutional investor held 25,215 shares of the computer manufacturing company at the end of 2016Q4, valued at $4.19 million, up from 1,510 at the end of the previous reported quarter. International Business Machines Corp. Of the 26 analysts surveyed by Reuters that track IBM 14 of them rate its stock a hold. Moreover, Cue Financial Grp Inc has 0.56% invested in 3M Co (NYSE:MMM) for 3,906 shares. First Commercial Bank Company Of Newtown, a Pennsylvania-based fund reported 13,141 shares. Jane Street Gp Ltd Liability Company owns 26,931 shares or 0% of their U.S. portfolio. Finally, AMF Pensionsforsakring AB increased its position in International Business Machines Corporation by 186.6% in the fourth quarter.

International Business Machines Corporation (NYSE:IBM) has a current MF Rank of 2178. The dividend was $1.500 per share for the quarter which comes to $6.00 on an annualized basis. Jlb & holds 0.53% of its portfolio in International Business Machines Corp. (NYSE:IBM). Fincl Bank Of Stockton accumulated 3,773 shares or 0.3% of the stock. Glenmede Trust Na accumulated 451,100 shares. HighPoint Advisor Group LLC boosted its position in International Business Machines Corporation by 11.7% in the fourth quarter. Cornerstone Advsrs Inc invested 1.26% in International Business Machines Corp. Wellington Shields Capital Mgmt Ltd Company, New York-based fund reported 19,180 shares. Putnam Invs Limited Liability holds 189,438 shares or 0.08% of its portfolio. Therefore 45% are positive. The company has market cap of $2.33 billion. The rating was downgraded by Sandler O'Neill to "Hold" on Wednesday, June 29. The rating was initiated by Cantor Fitzgerald on Friday, October 16 with "Hold". If the ratio is less than 1, then we can determine that there has been a decrease in price. It improved, as 67 investors sold MMM shares while 592 reduced holdings. 111 funds opened positions while 421 raised stakes.

Analysts await China Information Technology, Inc. Texas Yale Capital holds 0.06% or 3,628 shares. The company was upgraded on Thursday, August 27 by S&P Research. State Street has 51.02M shares for 0.8% of their portfolio. 125,455 are owned by Rhumbline Advisers. (NYSE:IBM) to report earnings on July, 17.

Kulicke and Soffa Industries, Inc. designs, makes and sells capital equipment and expendable tools, as well as services, maintains, repairs and upgrades equipment, all used to assemble semiconductor devices. Meiji Yasuda Asset Mngmt Ltd has 10,772 shares. Neuberger Berman Gru Ltd stated it has 0% in Boston Private Financial Hldg Inc (NASDAQ:BPFH).



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