IBM Q1 Tops Street, But Shares Down On Outlook

IBM sign

Washington Trust Company decreased its stake in Omnicom Group Inc (OMC) by 89.38% based on its latest 2017Q4 regulatory filing with the SEC. Cedar Hill Ltd Company accumulated 1,562 shares or 0.04% of the stock. The company is estimating to achieve earnings per share (EPS) growth of -3.30% in this year and the earnings per share (EPS) growth expected to be 2.49% in the next year. The dividend yield is now 3.8%, and IBM still has a $137 billion market cap. RVOL compares a stock's current volume to its previous amount over a specific period. About 7.28M shares traded or 37.54% up from the average. It has underperformed by 35.59% the S&P500.

Since December 13, 2017, it had 3 insider purchases, and 0 insider sales for $4.88 million activity. The insider Clementi Erich sold 13,000 shares worth $2.01 million.

Among 28 analysts covering General Electric Company (NYSE:GE), 8 have Buy rating, 6 Sell and 14 Hold. Therefore 39% are positive. The short interest to International Business Machines Corporation Common's float is 1.76%. (NYSE:OMC) has "Neutral" rating given on Wednesday, October 18 by Credit Suisse. Morgan Stanley maintained Apple Inc. The rating was downgraded by Evercore on Wednesday, February 14 to "In-Line". The company has a consensus rating of "Hold" and an average target price of $166.01. As per Tuesday, August 25, the company rating was downgraded by Zacks.

"The margins were well below the expectations", Pivotal Research analyst Lou Miscioscia said. (NYSE:IBM) opened at 160.38 on Friday. Pivotal Research has "Hold" rating and $69 target. The firm has "Overweight" rating by Barclays Capital given on Thursday, September 29. On Sunday, November 26 the firm earned "Hold" rating by BMO Capital Markets. Citigroup Incorporated owns 1.03 million shares or 0.13% of their United States portfolio. It has change of 0.29, from 2017Q3's 0.74. It improved, as 59 investors sold EFX shares while 154 reduced holdings. How much shares are traded? (NYSE:OMC) for 5,879 shares. 105.48 million shares or 2.69% less from 108.40 million shares in 2017Q3 were reported. Glenmede Tru Na accumulated 83,119 shares or 0.04% of the stock. Union Bancorporation reported 5,728 shs or 0.27% of all its holdings. Ally Inc has 1.36% invested in International Business Machines Corporation (NYSE:IBM). (NYSE:EFX) for 182,261 shares. Trust Of Oklahoma holds 0.43% or 5,930 shs in its capital.

Here's how analysts see Beazley plc (LON:BEZ) after this past week
Ticker's shares touched GBX 480 during the last trading session after 3.13% change.GB Group plc has volume of 243,174 shares. The firm operates through Grosvenor Venues, Mecca Venues, UK Digital, and Enracha divisions.11.51 is the P/E ratio.

Kamunting Street Capital Management Lp, which manages about $1.38B and $140.54 million US Long portfolio, decreased its stake in Microchip Technology Inc (Prn) by 7.50 million shares to 5.00M shares, valued at $8.51 million in 2017Q4, according to the filing. Foster Dykema Cabot & Co Incorporated Ma holds 0.16% or 55,186 shares. It also reduced Paypal Holdings Inc stake by 65,000 shares and now owns 131,000 shares. The average volume was noted at 803.15K shares while its relative volume was seen at 1.14.

During Q4 2017 the big money sentiment increased to 1.03. Shares of IBM were on track for their worst day since October 24, 2014, when they fell 7.54 percent. 156 funds took holdings and 519 increased holdings. Independent Invsts reported 17,650 shares. Gulf International Bancorp (Uk) Ltd invested in 0.55% or 281,400 shs.

Platinum Investment Management Ltd decreased Alibaba Group Hldg Ltd (NYSE:BABA) stake by 189,990 shares to 2.22 million valued at $382.29M in 2017Q4. When looking at International Business Machines Corporation, the first item you can quickly note is the 13.37, which will give you a multiple that can be use to compare International Business Machines Corporation against others in the Information Technology Services or Technology. Barry Ltd Limited Liability Company stated it has 0.19% of its capital in International Business Machines Corporation (NYSE:IBM). Franklin Street Advsrs Nc has invested 1.18% in International Business Machines Corporation (NYSE:IBM). Ww Asset Mngmt, Michigan-based fund reported 81,907 shares.

Productivity proportions: Investigating the productivity proportions of International Business Machines Corporation, (NYSE: IBM) stock, the speculator will discover its ROE, ROA, ROI remaining at 31.1%, 4.7% and 17.4%, individually. Iat Reinsurance reported 22,374 shares. It also reduced Schlumberger Ltd (NYSE:SLB) stake by 15,801 shares and now owns 272,469 shares. International Business Machines had 126 analyst reports since July 21, 2015 according to SRatingsIntel.

Related news:

Hot News

isis-killer-beheading-video-story-top Call of Duty: Black Ops 4 may ditch single-player campaign
Apr 23, 2018 - 22:06
It's true that Call of Duty has grown more popular as a multiplayer game over the years as well as a cooperative horde experience. Neither of these rumors have yet to be confirmed by Activision and we don't see that happening any time soon.

isis-killer-beheading-video-story-top Armenian PM Sarksyan quits after 11 days of street protests
Apr 23, 2018 - 22:04
Demonstrators and police clash again, and 232 are reported to have been arrested. They feel like they deserve a better life and a more democratic country.

isis-killer-beheading-video-story-top Kanye West to Hot 97's Ebro: 'I Love Donald Trump'
Apr 23, 2018 - 22:03
Over the weekend, Yeezy earned criticism for praising right-wing conservative Candace Owens on Twitter. I tell every single person that everything that I have been inspired to do, was written in your music.

isis-killer-beheading-video-story-top CBI boss slams Cabinet Minister over customs union comments
Apr 23, 2018 - 22:02
The UK government has restated its commitment to leaving the EU's custom union - ahead of a symbolic vote on the issue this week. The current system allows EU countries to apply the same taxes on imports to goods from outside the union.

isis-killer-beheading-video-story-top IMF's Lagarde warns govts not to harm trade, investment
Apr 23, 2018 - 22:01
Mnuchin indicated he's involved in a "dialogue" with the Chinese government to resolve the trade dispute. Moscow is seeking "clarification" on USA sanctions, Mnuchin said, without elaborating.

isis-killer-beheading-video-story-top Men Arrested At Philadelphia Starbucks Speak Out; Police Commissioner Apologizes
Apr 22, 2018 - 07:14
The company has refused to name the employee who called the police but says that the employee is no longer employed by Starbucks . Robinson said he thought about his loved ones and how the afternoon had taken such a turn as he was taken to jail.

isis-killer-beheading-video-story-top Students clash with forces in Chadoora
Apr 22, 2018 - 07:13
Authorities reportedly used force to quell the protests, which then led to clashes between the students and security forces. Reports said that students from Government Higher Secondary School Ajas took to roads and blocked Srinagar-Bandipora road.

isis-killer-beheading-video-story-top Drone shot down near Saudi King's palace
Apr 22, 2018 - 07:09
Riyadh and Tehran are locked in a decades-long struggle for supremacy that is being waged in several countries, including Yemen. The official added that the government will introduce rules to regulate the use of recreational drones.

isis-killer-beheading-video-story-top Djokovic out in Monte Carlo, Nadal through
Apr 22, 2018 - 07:08
Cilic advances Second-seeded Marin Cilic advanced without hitting a ball after Milos Raonic pulled out with a right knee injury. Rafael Nadal remains on course to retain his Monte Carlo Masters title and won't have Novak Djokovic standing in his way.

isis-killer-beheading-video-story-top Blue Jays recall prospect Lourdes Gurriel Jr
Apr 21, 2018 - 14:08
NY skipper Aaron Boone made the pitching change and Gray exited the game to boos from the crowd after he went only 3 1/3 innings. Tonight, Gray's ERA ballooned all the way to 8.27 after failing to make it out of the fourth inning against the Blue Jays.

isis-killer-beheading-video-story-top Second arrest in NXIVM sex trafficking case
Apr 21, 2018 - 14:07
He also said that Mack and her " Smallville " co-star, Kristin Kreuk , were used as "poster girls for normalizing the group". According to the New York Times report , Mack was considered to be on a level directly beneath Raniere.

isis-killer-beheading-video-story-top Succession speculation rampant as Queen Elizabeth turns 92
Apr 21, 2018 - 14:05
Today, though, that changed when the United Kingdom royal family matriarch gave her support to her oldest child, Prince Charles. The queen hosted the dinner for the Commonwealth heads of government . "And we seem to be growing stronger year by year".

isis-killer-beheading-video-story-top Hundreds gather in protest of Theta Tau's racist, sexist video
Apr 21, 2018 - 14:05
Each semester our new members are given the opportunity to write and act out a skit, in order to roast the active brothers. Theta Tau is a national organisation that was founded in 1904. "I can't say more than that right now", Syverud said.

isis-killer-beheading-video-story-top Boston Marathon Champion Des Linden Gets Standing Ovation at Celtics Game
Apr 21, 2018 - 14:04
She completed the 26.2 mile course in 2 hours, 45 minutes, 23 seconds (6:13/mile), which was good enough for 313th place overall. Kirui slowed and stumbled across the Copley Square finish line 2:25 later, followed by Shadrack Biwott and three other US men.

isis-killer-beheading-video-story-top Amazon makes Alexa more personal with custom responses
Apr 21, 2018 - 14:01
Those are just some of the skills available but there are more than twenty blueprints across four categories to pick from. Once you have entered the content, click the "Next: Experience" button at the top right-hand corner of the screen .