Doyle Wealth Management Sells 546 Shares of IBM (NYSE:IBM)

Doyle Wealth Management Sells 546 Shares of IBM (NYSE:IBM)

Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth. When beta is less/more than 1, it can be interpreted that the stock is theoretically less/more volatile than the market - something traders will surely be keeping an eye on.

IBM Common Stock shares were trading at $157.89 per share on Monday afternoon, up $1.18 (+0.75%). About 4.06M shares traded. Taylor Asset Mngmt Incorporated reported 0.24% in International Business Machines Corporation (NYSE:IBM).

Tradition Capital Management Llc increased its stake in Ibm Corp (IBM) by 943.66% based on its latest 2017Q4 regulatory filing with the SEC.

Shares of optical components makers Acacia Communications, Oclaro, Lumentum and Finisar took a beating after Reuters reported that the US government was banning American companies from selling components to Chinese telecom equipment maker ZTE Corp 0000063.SZ (0763.HK). IBM has a 1-year low of $139.13 and a 1-year high of $171.69. The stock had a trading volume of 4,185,601 shares, compared to its average volume of 5,392,637. Hendershot holds 0.16% in International Business Machines Corporation (NYSE:IBM) or 2,674 shs. It has underperformed by 24.13% the S&P500.

Nuveen Short Duration Credit Opportunities Fund (JSD) investors sentiment increased to 1.14 in Q4 2017. It is positive, as 54 investors sold IBM shares while 604 reduced holdings. 156 funds bought stakes and 519 increased stakes. 504.07 million shares or 2.90% less from 519.10 million shares in 2017Q3 were reported.

International Business Machines Corporation (IBM) is a technology company. On Wednesday, October 18 the stock has "Underweight" rating by Barclays Capital. The stock of International Business Machines Corporation (NYSE:IBM) earned "Sell" rating by Jefferies on Wednesday, September 20. Zuckerman Inv Limited Liability Corporation reported 123,300 shares.

Looking at some ROIC (Return on Invested Capital) numbers, International Business Machines Corporation (NYSE:IBM)'s ROIC is 0.254514. Transamerica Financial Advisors holds 29,616 shares or 0.47% of its portfolio. Gateway Invest Advisers Ltd Limited Liability Company holds 0.67% or 512,072 shares. The VC1 of International Business Machines Corporation (NYSE:IBM) is 43.

International Business Machines (IBM)'s Williams Percent Range or 14 day Williams %R presently is at -74.92. Neville Rodie Shaw invested in 1.08% or 66,948 shares.

According to the Recommendation Trends of the stock polled by Finviz, the company has a consensus recommendation of 2.5 out of the scale from 1 to 5, where 1 stands for Buy and 5 means Sell. 53% are bullish. 25 are the (NYSE:IBM)'s analyst reports since October 18, 2017 according to StockzIntelligence Inc. Morgan Stanley has "Overweight" rating and $182 target. The rating was maintained by JP Morgan on Tuesday, April 19 with "Neutral".

International Business Machines (IBM) have climbed higher over the course of the past week revealing positive upward momentum for the shares. (NASDAQ:PEP) has "Buy" rating given on Friday, July 8 by UBS. Jefferies Group LLC reiterated an "underperform" rating and issued a $125.00 price target on shares of International Business Machines a research note on Thursday, December 1st. A rating of 4 or 5 would tip to a Sell suggestion. On Friday, January 19 the firm has "Buy" rating given by Stifel Nicolaus. The rating was upgraded by Argus Research on Wednesday, August 26 to "Buy". On Wednesday, March 21 the firm has "Buy" rating by Morgan Stanley given. RBC Capital Markets has "Sector Perform" rating and $145 target.

Since January 31, 2018, it had 1 insider purchase, and 2 selling transactions for $2.69 million activity.

In other news, insider Diane J. Gherson sold 5,000 shares of the firm's stock in a transaction dated Monday, February 13th. If RVOL is less than 1 it is not In Play on this trading day and Investors may decide not to trade it. Its up 0.29, from 0.74 in 2017Q3. Tiverton Asset Ltd Liability Company reported 12,574 shares. Ameritas Inv Ptnrs Inc holds 45,799 shares. State Of Tennessee Treasury Department holds 0.18% or 516,300 shares in its portfolio. In taking a look at recent performance, we can see that shares have moved 4.08% over the past week, -0.89% over the past 4-weeks, 7.22% over the past half year and -5.36% over the past full year. Prudential Public Ltd Com has invested 0% in The TJX Companies, Inc. On the other end, a stock with a score from 0-2 would be viewed as weak. Hutchin Hill Cap Ltd Partnership owns 8,000 shares. Blb&B Advisors Lc has 0.73% invested in PepsiCo, Inc. Honeywell owns 719,000 shares. The Technology stock showed a change of -1.24% from opening and finally closed at $156.71 by scoring -0.86%. Following the completion of the sale, the insider now directly owns 20,952 shares in the company, valued at approximately $3,754,179.36.

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