IBM Earnings Q1: 8 Things to Know About It


Nordea Investment Management AB now owns 3,250,047 shares of the technology company's stock valued at $499,955,000 after purchasing an additional 1,956,033 shares in the last quarter. At the close of regular trading, its last week's stock price volatility was 7.31% which for the month reaches 9.02%. The stock underperformed the S&P 500 by 24.13%.

Stoneridge Investment Partners Llc upped its stake by 43.87% in International Bus Mach Corp (IBM), according to 2017Q4 Securities and Exchange filling. The hedge fund run by Julian Allen held 145,958 shares of the plastic products company at the end of 2017Q4, valued at $4.51M, up from 121,458 at the end of the previous reported quarter. On Monday, November 13 the stock rating was maintained by RBC Capital Markets with "Hold". About 6.94 million shares traded or 31.12% up from the average.

Big Money Sentiment increased to 1.03 in Q4 2017. Its down 0.19, from 0.69 in 2017Q3. 54 investors sold all, 604 reduced holdings as IBM ratio increased. 156 funds bought positions and 519 increased positions.

A point of concern among investors has to do with the fact that the company's earnings received a boost from a one-time tax gain of $817 million. First City Capital Mngmt invested in 4,615 shares. Diversified Investment Strategies LLC's holdings in IBM were worth $1,574,000 at the end of the most recent reporting period. Beech Hill has 32,624 shares for 2.47% of their portfolio. Axa holds 0.58% of its portfolio in International Business Machines Corporation (NYSE:IBM) for 960,736 shares. 8,630 were reported by Armstrong Henry H Assocs. 446 were accumulated by Pittenger Anderson Incorporated. Tdam Usa holds 0.47% or 53,889 shares in its portfolio. Perhaps, that suggests something about why 0.22% of the outstanding share supply is held by institutional investors. The technology company reported $5.18 EPS for the quarter, topping the consensus estimate of $5.17 by $0.01. Douglass Winthrop Advsr Limited Com has invested 0.39% in International Business Machines Corporation (NYSE:IBM). Private Capital Management Inc. lifted its holdings in shares of IBM by 71.3% in the 3rd quarter. Crestwood Advisors Gru Ltd Liability Co invested 0.16% in International Business Machines Corporation (NYSE:IBM). Rockefeller Fincl holds 0.23% of its portfolio in International Business Machines Corporation (NYSE:IBM) for 94,887 shares. Btr Capital Mgmt stated it has 0.13% in General Electric Company (NYSE:GE).

Schwerin Boyle Capital Management Inc, which manages about $781.49M and $917.16M US Long portfolio, decreased its stake in Ingersoll (NYSE:IR) by 5,460 shares to 371,953 shares, valued at $33.17M in 2017Q4, according to the filing.

Drilling down into IBM's divisional performance, its Cognitive Solutions unit (which includes solutions software and transaction processing software) posted revenues of $4.3bn (£3bn), up 6 percent thanks to software, including security, analytics, industry platforms, and transaction processing software. This is based on a 1-5 numeric scale where Rating Scale: 1.0 Strong Buy, 2.0 Buy, 3.0 Hold, 4.0 Sell, 5.0 Strong Sell. The positive are 57%. Barclays Capital maintained the shares of IBM in report on Tuesday, July 19 with "Underweight" rating. The company rating was maintained by Stifel Nicolaus on Friday, January 19. As per Wednesday, July 19, the company rating was upgraded by Standpoint Research. The firm has "Neutral" rating given on Wednesday, October 18 by UBS. Argus Research maintained it with "Buy" rating and $36.0 target in Wednesday, December 23 report. The company rating was maintained by Wedbush on Thursday, January 18.

BMO Capital Markets has a Market Perform rating and a $175 target price. The Alabama-based First Bancorporation has invested 0.27% in International Business Machines Corporation (NYSE:IBM). The firm earned "Buy" rating on Friday, October 9 by Drexel Hamilton. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 1.69% with $920.25 Million sitting short, betting on future declines. Washington Trust Company sold 3,318 shares as Ibm Corp (IBM)'s stock declined 0.39%. Pennsylvania Tru Company has 0.52% invested in International Business Machines Corporation (NYSE:IBM) for 76,499 shs. West Oak Limited invested in 1.05% or 11,138 shares. Lpl Finance Ltd Company invested in 0.07% or 157,706 shs. Logan owns 129,619 shares. The firm has "Buy" rating by Citigroup given on Thursday, January 25.