As Ibm (IBM) Shares Declined, M Kraus & Company Has Increased Stake; Buckhead Capital Management Upped Its Gamestop New (GME) Position by $571,523

April 26, 2018 - By Ellis Scott

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M Kraus & Company increased its stake in Ibm (IBM) by 62.43% based on its latest 2017Q4 regulatory filing with the SEC. M Kraus & Company bought 7,643 shares as the company’s stock declined 0.39% with the market. The institutional investor held 19,885 shares of the computer manufacturing company at the end of 2017Q4, valued at $3.05M, up from 12,242 at the end of the previous reported quarter. M Kraus & Company who had been investing in Ibm for a number of months, seems to be bullish on the $135.15 billion market cap company. The stock increased 0.53% or $0.78 during the last trading session, reaching $146.72. About 4.23 million shares traded. International Business Machines Corporation (NYSE:IBM) has declined 12.58% since April 26, 2017 and is downtrending. It has underperformed by 24.13% the S&P500.

Buckhead Capital Management Llc increased its stake in Gamestop Corp New (GME) by 45.15% based on its latest 2017Q4 regulatory filing with the SEC. Buckhead Capital Management Llc bought 33,619 shares as the company’s stock declined 24.11% with the market. The hedge fund held 108,080 shares of the electronics distribution company at the end of 2017Q4, valued at $1.94 million, up from 74,461 at the end of the previous reported quarter. Buckhead Capital Management Llc who had been investing in Gamestop Corp New for a number of months, seems to be bullish on the $1.39B market cap company. The stock increased 1.56% or $0.21 during the last trading session, reaching $13.67. About 3.21 million shares traded. GameStop Corp. (NYSE:GME) has declined 33.43% since April 26, 2017 and is downtrending. It has underperformed by 44.98% the S&P500.

Among 33 analysts covering International Business Machines (NYSE:IBM), 13 have Buy rating, 4 Sell and 16 Hold. Therefore 39% are positive. International Business Machines had 129 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Overweight” rating on Thursday, March 31 by Morgan Stanley. The rating was maintained by UBS with “Neutral” on Tuesday, October 20. The firm has “Neutral” rating by Citigroup given on Tuesday, July 19. The stock of International Business Machines Corporation (NYSE:IBM) has “Hold” rating given on Monday, September 25 by KeyBanc Capital Markets. As per Thursday, August 3, the company rating was initiated by Wedbush. The rating was maintained by Deutsche Bank with “Hold” on Wednesday, January 20. As per Wednesday, January 17, the company rating was upgraded by Barclays Capital. The company was initiated on Tuesday, April 4 by Berenberg. The stock of International Business Machines Corporation (NYSE:IBM) has “Hold” rating given on Friday, October 16 by Cantor Fitzgerald. Goldman Sachs maintained the stock with “Neutral” rating in Tuesday, April 19 report.

Since January 31, 2018, it had 1 insider purchase, and 2 sales for $2.69 million activity. $99,659 worth of International Business Machines Corporation (NYSE:IBM) shares were bought by WADDELL FREDERICK H. $780,000 worth of International Business Machines Corporation (NYSE:IBM) shares were sold by Gherson Diane J.

Investors sentiment increased to 1.03 in 2017 Q4. Its up 0.29, from 0.74 in 2017Q3. It improved, as 54 investors sold IBM shares while 604 reduced holdings. 156 funds opened positions while 519 raised stakes. 504.07 million shares or 2.90% less from 519.10 million shares in 2017Q3 were reported. Richard Bernstein Advsr Ltd Liability Company reported 46,895 shares stake. Oakbrook Invests Ltd Liability holds 11,036 shares or 0.11% of its portfolio. Pineno Levin & Ford Asset Management Inc has invested 1.83% in International Business Machines Corporation (NYSE:IBM). Blume Capital holds 0.07% of its portfolio in International Business Machines Corporation (NYSE:IBM) for 940 shares. Marathon Cap Mgmt has 0.3% invested in International Business Machines Corporation (NYSE:IBM). 457,237 were accumulated by Cornerstone Cap Mgmt Holdings Limited Liability Corp. East Coast Asset Management Llc invested in 0.15% or 3,547 shares. Cornerstone invested in 4,700 shares or 0.12% of the stock. Hbk Sorce Advisory Ltd Llc holds 0.31% or 17,185 shares. Yhb Invest reported 5,721 shares or 0.15% of all its holdings. 5,090 are owned by Northstar Asset Mngmt Ltd Liability Com. Brown Advisory Limited Company holds 0.6% or 20,240 shares in its portfolio. Td Asset Management has 844,243 shares for 0.19% of their portfolio. Palisades Hudson Asset Mngmt Limited Partnership stated it has 1,770 shares. Diversified Inv Strategies Limited Company, a Louisiana-based fund reported 10,261 shares.

Among 20 analysts covering GameStop Corp. (NYSE:GME), 10 have Buy rating, 2 Sell and 8 Hold. Therefore 50% are positive. GameStop Corp. had 77 analyst reports since August 6, 2015 according to SRatingsIntel. SunTrust maintained GameStop Corp. (NYSE:GME) rating on Friday, August 14. SunTrust has “Buy” rating and $58 target. Benchmark downgraded it to “Hold” rating and $29.76 target in Friday, August 28 report. On Thursday, August 6 the stock rating was downgraded by Zacks to “Buy”. The stock has “Buy” rating by Robert W. Baird on Friday, May 26. The firm has “Outperform” rating by Telsey Advisory Group given on Thursday, November 3. The company was initiated on Friday, July 1 by Macquarie Research. The stock has “Outperform” rating by Wedbush on Wednesday, January 13. The company was maintained on Friday, August 28 by Telsey Advisory Group. The rating was maintained by Oppenheimer on Friday, May 26 with “Hold”. The company was maintained on Wednesday, January 13 by Telsey Advisory Group.

International Business Machines Corporation (NYSE:IBM) Institutional Positions Chart

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