UMA Monetary Companies Inc. bought a brand new stake in Worldwide Enterprise Machines Co. (NYSE:IBM – Get Ranking) throughout the fourth quarter, in response to its most up-to-date 13F submitting with the Securities & Change Fee. The fund bought 1,528 shares of the expertise firm’s inventory, valued at roughly $216,000.
→ Right here’s Your Personal Billion-Greenback Buying and selling Edge (Simply $0.76 a Week) (From WealthPop)
Numerous different institutional buyers additionally lately modified their holdings of IBM. Cantor Fitzgerald Funding Advisor L.P lifted its holdings in shares of Worldwide Enterprise Machines by 97.6% within the first quarter. Cantor Fitzgerald Funding Advisor L.P now owns 257,335 shares of the expertise firm’s inventory valued at $33,459,000 after buying an extra 127,093 shares within the final quarter. Roundview Capital LLC purchased a brand new stake in Worldwide Enterprise Machines throughout the first quarter price about $203,000. Sei Investments Co. raised its holdings in Worldwide Enterprise Machines by 35.7% throughout the first quarter. Sei Investments Co. now owns 177,599 shares of the expertise firm’s inventory price $23,157,000 after buying an extra 46,756 shares within the final quarter. Candriam Luxembourg S.C.A. raised its holdings in Worldwide Enterprise Machines by 1.9% throughout the first quarter. Candriam Luxembourg S.C.A. now owns 95,662 shares of the expertise firm’s inventory price $12,438,000 after buying an extra 1,821 shares within the final quarter. Lastly, Baird Monetary Group Inc. raised its holdings in Worldwide Enterprise Machines by 1.5% throughout the first quarter. Baird Monetary Group Inc. now owns 382,232 shares of the expertise firm’s inventory price $49,698,000 after buying an extra 5,506 shares within the final quarter. 55.90% of the inventory is at present owned by institutional buyers.
Wall Road Analysts Forecast Progress
IBM has been the subject of a number of analyst studies. Morgan Stanley dropped their goal value on Worldwide Enterprise Machines from $148.00 to $143.00 in a report on Thursday, January twenty sixth. Citigroup upped their goal value on Worldwide Enterprise Machines from $140.00 to $145.00 and gave the inventory a “impartial” score in a report on Thursday, January twenty sixth. BMO Capital Markets upped their goal value on Worldwide Enterprise Machines from $148.00 to $155.00 and gave the inventory a “market carry out” score in a report on Thursday, January twenty sixth. StockNews.com initiated protection on Worldwide Enterprise Machines in a analysis notice on Thursday, March sixteenth. They issued a “purchase” score on the inventory. Lastly, Edward Jones lowered Worldwide Enterprise Machines from a “purchase” score to a “maintain” score in a analysis notice on Monday, February sixth. One equities analysis analyst has rated the inventory with a promote score, six have issued a maintain score and 4 have given a purchase score to the corporate’s inventory. In response to information from MarketBeat, Worldwide Enterprise Machines at present has a median score of “Maintain” and a median value goal of $142.73.
Worldwide Enterprise Machines Inventory Efficiency
Shares of Worldwide Enterprise Machines inventory traded up $0.98 on Monday, hitting $132.07. The inventory had a buying and selling quantity of 1,288,757 shares, in comparison with its common quantity of 5,094,916. Worldwide Enterprise Machines Co. has a twelve month low of $115.54 and a twelve month excessive of $153.21. The enterprise’s 50 day transferring common is $131.36 and its two-hundred day transferring common is $135.10. The corporate has a fast ratio of 0.87, a present ratio of 0.92 and a debt-to-equity ratio of two.10. The inventory has a market cap of $119.80 billion, a price-to-earnings ratio of 74.48, a price-to-earnings-growth ratio of three.39 and a beta of 0.85.
Worldwide Enterprise Machines (NYSE:IBM – Get Ranking) final posted its earnings outcomes on Wednesday, January twenty fifth. The expertise firm reported $3.60 EPS for the quarter, lacking the consensus estimate of $3.61 by ($0.01). Worldwide Enterprise Machines had a web margin of two.71% and a return on fairness of 41.24%. The agency had income of $16.69 billion throughout the quarter, in comparison with analyst estimates of $16.38 billion. Throughout the identical interval within the earlier 12 months, the corporate posted $3.35 EPS. Worldwide Enterprise Machines’s income for the quarter was up .0% in comparison with the identical quarter final 12 months. Analysts forecast that Worldwide Enterprise Machines Co. will put up 9.46 EPS for the present 12 months.
Worldwide Enterprise Machines Proclaims Dividend
The enterprise additionally lately declared a quarterly dividend, which was paid on Friday, March tenth. Buyers of document on Friday, February tenth got a dividend of $1.65 per share. This represents a $6.60 dividend on an annualized foundation and a yield of 5.00%. The ex-dividend date of this dividend was Thursday, February ninth. Worldwide Enterprise Machines’s dividend payout ratio is at present 375.00%.
About Worldwide Enterprise Machines
Worldwide Enterprise Machines Corp. is an info expertise firm, which engages within the provision of built-in options that leverage info expertise and data of enterprise processes. It operates by way of the next segments: Software program, Consulting, Infrastructure, Financing, and Different.
This on the spot information alert was generated by narrative science expertise and monetary information from MarketBeat with the intention to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial crew previous to publication. Please ship any questions or feedback about this story to [email protected].
Earlier than you think about Worldwide Enterprise Machines, you may wish to hear this.
MarketBeat retains observe of Wall Road’s top-rated and greatest performing analysis analysts and the shares they suggest to their shoppers every day. MarketBeat has recognized the 5 shares that high analysts are quietly whispering to their shoppers to purchase now earlier than the broader market catches on… and Worldwide Enterprise Machines wasn’t on the record.
Whereas Worldwide Enterprise Machines at present has a “Maintain” score amongst analysts, top-rated analysts imagine these 5 shares are higher buys.
View The 5 Shares Right here