International Business Machines Corporation (IBM)- Price to Earnings Ratio Analysis

Marco Green
April 23, 2018

Corvex Management Lp bought 1.51M shares as the company's stock declined 11.10% with the market. Lenox Wealth Mgmt Inc holds 5,956 shares or 0.28% of its portfolio. The stock decreased 1.34% or $1.42 during the last trading session, reaching $104.49. About 136,283 shares traded. International Business Machines Corporation (NYSE:IBM) has declined 12.58% since April 22, 2017 and is downtrending. It has outperformed by 36.97% the S&P500. Rothschild Investment Corp sold 2,790 shares as the company's stock declined 0.39% with the market. The institutional investor held 123,300 shares of the computer manufacturing company at the end of 2017Q4, valued at $18.92 million, up from 80,766 at the end of the previous reported quarter. Rothschild Investment Corp who had been investing in International Business Machine for a number of months, seems to be less bullish one the $133.48B market cap company. The stock, as of last close, traded 4.15% away to its 52 week low and was at a distance of -15.33% from its 52 week high. The hedge fund run by Keith Meister held 2.51 million shares of the air freight and delivery services company at the end of 2017Q4, valued at $56.14M, up from 1.00 million at the end of the previous reported quarter. Pillar Pacific Cap Mngmt Limited Liability Corporation has 0.67% invested in International Business Machines Corporation (NYSE:IBM). It has underperformed by 24.13% the S&P500.

Investors sentiment decreased to 1.38 in Q4 2017. Its up 0.29, from 0.74 in 2017Q3. It increased, as 54 investors sold International Business Machines Corporation shares while 604 reduced holdings. 156 funds opened positions while 519 raised stakes. Analysts are forecasting earnings of $2.41 on a per share basis this quarter. Leavell Mngmt invested in 0.22% or 12,159 shares. (NASDAQ:FSBW) for 46,892 shares. Integral Derivatives Ltd Liability Com owns 13,000 shares or 0% of their U.S. portfolio. Exane Derivatives stated it has 53 shares. Tctc Ltd Limited Liability Company holds 3.32% or 413,631 shares. Broderick Brian C has 3,857 shares for 0.22% of their portfolio. Bluefin Trading Ltd Liability invested in 1,850 shares or 0.02% of the stock. Sather Financial Group Inc sold 2,093 shares as International Business Machs (IBM)'s stock declined 0.39%. Enterprise Financial Ser invested in 0% or 1,200 shares. Amp Capital Ltd holds 0.13% or 232,579 shares in its portfolio.

Investors sentiment decreased to 0.79 in 2017 Q4. Eads Heald Inv Counsel reported 2,543 shares or 1.75% of all its holdings. Sterneck Mgmt holds 30,078 shares.

Since April 3, 2018, it had 2 insider buys, and 0 selling transactions for $215.07 million activity. The firm's stock performance of this week stands at -7.54%, while the stock performance for the whole month is projected at -7.52%. (NYSE:EOG). Private Wealth Partners Ltd Llc stated it has 69,387 shares or 1.39% of all its holdings. (NASDAQ:SPLK) on Wednesday, December 13. $146,252 worth of FS Bancorp, Inc. 2,333 shares were sold by Olsavsky Brian T, worth $3.42 million on Thursday, February 15.

Horizon Investments Llc, which manages about $1.50B and $1.60B US Long portfolio, upped its stake in Ishares Tr Iboxx Inv Cp Etf (LQD) by 122,693 shares to 409,661 shares, valued at $48.76 million in 2017Q4, according to the filing. Zurcher Kantonalbank (Zurich Cantonalbank) reported 208,430 shares stake.

Among 33 analysts covering Bank of America (NYSE:BAC), 22 have Buy rating, 0 Sell and 11 Hold. Therefore 67% are positive. International Business Machines had 129 analyst reports since July 21, 2015 according to SRatingsIntel. Morgan Stanley maintained Splunk Inc. (NASDAQ:AMZN) rating on Friday, June 16. Wedbush downgraded Splunk Inc. (NASDAQ:AMZN) was sold by WILKE JEFFREY A on Thursday, March 8. The firm has "Hold" rating by BMO Capital Markets given on Sunday, November 26. The stock of International Business Machines Corporation (NYSE:IBM) has "Buy" rating given on Friday, March 9 by Morgan Stanley. The firm earned "Outperform" rating on Tuesday, November 8 by Oppenheimer. On Tuesday, August 15 the stock rating was maintained by RBC Capital Markets with "Hold". Jefferies maintained it with "Underperform" rating and $125 target in Tuesday, July 19 report. Moffett Nathanson has "Neutral" rating and $23 target. International Business Machines Corporation's P/E ratio is 12.19. Therefore 39% are positive. WADDELL FREDERICK H also bought $99,659 worth of International Business Machines Corporation (NYSE:IBM) on Wednesday, January 31. Nj State Employees Deferred Compensation Plan invested 0.53% of its portfolio in International Business Machines Corporation (NYSE:IBM). Guyasuta Advsrs Inc stated it has 1.95% of its portfolio in International Business Machines Corporation (NYSE:IBM). As per Wednesday, April 12, the company rating was maintained by Bernstein. Stifel Nicolaus maintained it with "Buy" rating and $160 target in Tuesday, October 20 report. The company maintains price to book ratio of 4.25. On Wednesday, April 18 the stock rating was maintained by Stifel Nicolaus with "Buy". Monness upgraded the shares of AMZN in report on Friday, October 27 to "Buy" rating. The rating was maintained by Deutsche Bank on Tuesday, July 19 with "Hold". The stock of International Business Machines Corporation (NYSE:IBM) earned "Neutral" rating by UBS on Wednesday, October 18. The firm has "Overweight" rating by Morgan Stanley given on Tuesday, July 19.

On a consensus basis, analysts have a Buy/Sell rating of 2.50, which is based on a 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell. 5,000 shares were sold by Gherson Diane J, worth $780,000 on Monday, February 26.

World Asset Management Inc, which manages about $17.12B and $2.99B US Long portfolio, decreased its stake in Nextera Energy Inc Com (NYSE:NEE) by 3,056 shares to 38,928 shares, valued at $6.08M in 2017Q4, according to the filing. It also reduced its holding in Signet Jewelers Limited (NYSE:SIG) by 44,000 shares in the quarter, leaving it with 5,300 shares, and cut its stake in Mack Cali Rlty Corp (NYSE:CLI).

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