Dowling & Yahnke Decreased Its Exxon Mobil (XOM) Stake by $603,576; As Intl Bus Machines (IBM) Stock Price Declined, Holder Lynch & Associates Has Increased Stake

May 25, 2018 - By wolcottdaily

Exxon Mobil Corporation (NYSE:XOM) Logo

Lynch & Associates increased its stake in Intl Bus Machines Corp (IBM) by 12.28% based on its latest 2017Q4 regulatory filing with the SEC. Lynch & Associates bought 4,300 shares as the company’s stock declined 0.39% with the market. The institutional investor held 39,310 shares of the computer manufacturing company at the end of 2017Q4, valued at $6.03M, up from 35,010 at the end of the previous reported quarter. Lynch & Associates who had been investing in Intl Bus Machines Corp for a number of months, seems to be bullish on the $132.25 billion market cap company. The stock decreased 0.41% or $0.6 during the last trading session, reaching $144.07. About 3.40 million shares traded. International Business Machines Corporation (NYSE:IBM) has declined 12.58% since May 25, 2017 and is downtrending. It has underperformed by 24.13% the S&P500.

Dowling & Yahnke Llc decreased its stake in Exxon Mobil Corp (XOM) by 6.04% based on its latest 2017Q4 regulatory filing with the SEC. Dowling & Yahnke Llc sold 7,272 shares as the company’s stock declined 12.23% with the market. The institutional investor held 113,104 shares of the integrated oil company at the end of 2017Q4, valued at $9.46M, down from 120,376 at the end of the previous reported quarter. Dowling & Yahnke Llc who had been investing in Exxon Mobil Corp for a number of months, seems to be less bullish one the $339.85 billion market cap company. The stock decreased 2.29% or $1.88 during the last trading session, reaching $80.27. About 13.36 million shares traded. Exxon Mobil Corporation (NYSE:XOM) has declined 9.29% since May 25, 2017 and is downtrending. It has underperformed by 20.84% the S&P500.

Since January 31, 2018, it had 1 insider purchase, and 2 insider sales for $2.69 million activity. WADDELL FREDERICK H had bought 610 shares worth $99,659 on Wednesday, January 31. Gherson Diane J sold $780,000 worth of International Business Machines Corporation (NYSE:IBM) on Monday, February 26.

Investors sentiment increased to 1.03 in Q4 2017. 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. Wealthtrust Axiom Limited Liability Co has 3.09% invested in International Business Machines Corporation (NYSE:IBM) for 54,203 shares. Jennison Assoc Limited Liability Company invested in 0% or 22,487 shares. Tarbox Family Office holds 0.08% of its portfolio in International Business Machines Corporation (NYSE:IBM) for 1,239 shares. Hap Trading Lc reported 14,708 shares. Axa holds 0.58% or 960,736 shares in its portfolio. Stone Ridge Asset Limited Liability Company accumulated 123,262 shares. Ronna Sue Cohen reported 3,171 shares or 0.35% of all its holdings. Supplemental Annuity Collective Trust Of Nj stated it has 14,000 shares. Btr Cap Inc has invested 0.11% in International Business Machines Corporation (NYSE:IBM). Ameritas Partners invested in 26,382 shares or 0.19% of the stock. Creative Planning accumulated 0.12% or 183,107 shares. Rockland Tru has invested 0.24% in International Business Machines Corporation (NYSE:IBM). Amalgamated Fincl Bank has invested 0.46% in International Business Machines Corporation (NYSE:IBM). Checchi Cap Advisers Limited Co reported 12,204 shares. Budros Ruhlin And Roe Inc reported 8,041 shares stake.

More notable recent International Business Machines Corporation (NYSE:IBM) news were published by: Prnewswire.com which released: “IBM and Crédit Mutuel Strengthen Their Strategic Partnership to Build the Bank of Tomorrow” on May 24, 2018, also Prnewswire.com with their article: “IBM Leads ‘Call for Code’ to Use Cloud, Data, AI, Blockchain for Natural Disaster Relief” published on May 24, 2018, Bizjournals.com published: “IBM commits $30M for tech to aid natural disaster relief” on May 24, 2018. More interesting news about International Business Machines Corporation (NYSE:IBM) were released by: Seekingalpha.com and their article: “IBM will hire 1800 in France” published on May 23, 2018 as well as 247Wallst.com‘s news article titled: “Who IBM Is Laying Off and What They Have to Say About It” with publication date: April 27, 2018.

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 has “Neutral” rating by Citigroup given on Wednesday, October 18. Morgan Stanley maintained the shares of IBM in report on Tuesday, October 18 with “Overweight” rating. The rating was maintained by Morgan Stanley on Tuesday, July 19 with “Overweight”. Bernstein maintained International Business Machines Corporation (NYSE:IBM) rating on Tuesday, July 19. Bernstein has “Market Perform” rating and $140 target. The firm has “Buy” rating by RBC Capital Markets given on Tuesday, April 17. The stock of International Business Machines Corporation (NYSE:IBM) has “Sell” rating given on Tuesday, April 4 by Berenberg. As per Wednesday, July 19, the company rating was maintained by Morgan Stanley. The rating was maintained by KeyBanc Capital Markets with “Hold” on Wednesday, July 19. The firm has “Sell” rating by Societe Generale given on Friday, January 19. The stock has “Hold” rating by Oppenheimer on Tuesday, July 18.

Since December 11, 2017, it had 0 insider purchases, and 4 sales for $3.42 million activity. 19,500 shares were sold by Corson Bradley W, worth $1.62M. 7,281 Exxon Mobil Corporation (NYSE:XOM) shares with value of $606,082 were sold by Milton Bryan W. 2,412 Exxon Mobil Corporation (NYSE:XOM) shares with value of $200,293 were sold by Wascom Dennis G.

More notable recent Exxon Mobil Corporation (NYSE:XOM) news were published by: Seekingalpha.com which released: “Algeria’s Sonatrach hoping for Exxon shale gas deal” on May 24, 2018, also Seekingalpha.com with their article: “Exxon: Irrational Exuberance” published on May 11, 2018, Investorplace.com published: “11 Stocks You Should Be Buying This Summer” on May 23, 2018. More interesting news about Exxon Mobil Corporation (NYSE:XOM) were released by: Benzinga.com and their article: “Barron’s Picks And Pans: Exxon, Boeing, Utility Stocks And More” published on May 06, 2018 as well as Seekingalpha.com‘s news article titled: “Exxon Loses An Enemy” with publication date: May 08, 2018.

Investors sentiment decreased to 0.84 in 2017 Q4. Its down 0.01, from 0.85 in 2017Q3. It dived, as 48 investors sold XOM shares while 819 reduced holdings. 123 funds opened positions while 603 raised stakes. 2.17 billion shares or 1.92% more from 2.13 billion shares in 2017Q3 were reported. Viking Fund Limited reported 185,700 shares or 2.54% of all its holdings. Doheny Asset Mngmt Ca invested in 0.59% or 15,093 shares. 492,976 are held by Martingale Asset Mgmt Limited Partnership. Grubman Wealth Management reported 2,400 shares. Fiera Capital accumulated 64,977 shares. Coldstream Mgmt holds 0.38% or 41,573 shares. Reynders Mcveigh Cap Mgmt Ltd Liability Corporation holds 0.49% or 44,835 shares. Chevy Chase Tru Holding accumulated 3.83M shares. Trust Department Mb Bancshares N A reported 50,789 shares stake. Bellecapital Intl Ltd stated it has 16,065 shares or 1.09% of all its holdings. Pillar Pacific Mgmt Lc reported 64,818 shares. Long Road Counsel Limited Co has invested 0.48% of its portfolio in Exxon Mobil Corporation (NYSE:XOM). Adams Natural Fund holds 19.32% of its portfolio in Exxon Mobil Corporation (NYSE:XOM) for 1.54M shares. Mcmillion Capital Mgmt holds 43,483 shares. Norman Fields Gottscho Capital Mgmt Ltd Liability invested in 5,359 shares or 0.25% of the stock.

Among 26 analysts covering Exxon Mobil (NYSE:XOM), 10 have Buy rating, 5 Sell and 11 Hold. Therefore 38% are positive. Exxon Mobil had 95 analyst reports since July 22, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Tuesday, January 23 by Piper Jaffray. The rating was maintained by UBS on Monday, May 2 with “Neutral”. Morgan Stanley maintained it with “Underweight” rating and $90 target in Wednesday, January 24 report. The stock of Exxon Mobil Corporation (NYSE:XOM) has “Buy” rating given on Tuesday, September 19 by Cowen & Co. The company was maintained on Tuesday, August 29 by RBC Capital Markets. The firm earned “Overweight” rating on Tuesday, July 11 by Barclays Capital. BMO Capital Markets maintained Exxon Mobil Corporation (NYSE:XOM) on Monday, June 26 with “Hold” rating. The stock of Exxon Mobil Corporation (NYSE:XOM) has “Sector Outperform” rating given on Monday, June 5 by Howard Weil. The firm has “Market Perform” rating by Wells Fargo given on Wednesday, January 11. The stock of Exxon Mobil Corporation (NYSE:XOM) has “Hold” rating given on Thursday, October 5 by Piper Jaffray.

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

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