November 17, 2018 – By Georgina Andrews
Cedar Hill Associates Llc increased its stake in International Business Machs Com (IBM) by 166.72% based on its latest 2018Q2 regulatory filing with the SEC. Cedar Hill Associates Llc bought 3,166 shares as the company’s stock rose 0.15% with the market. The hedge fund held 5,065 shares of the computer manufacturing company at the end of 2018Q2, valued at $708,000, up from 1,899 at the end of the previous reported quarter. Cedar Hill Associates Llc who had been investing in International Business Machs Com for a number of months, seems to be bullish on the $110.48 billion market cap company. The stock increased 0.11% or $0.13 during the last trading session, reaching $121.57. About 4.08 million shares traded. International Business Machines Corporation (NYSE:IBM) has risen 0.56% since November 17, 2017 and is uptrending. It has underperformed by 15.06% the S&P500. Some Historical IBM News: 15/05/2018 – IBM joins forces with a start-up to combine crypto with environmental credit trading; 08/03/2018 – IBM CFO JIM KAVANAUGH SPEAKS ON INVESTOR WEBCAST; 19/03/2018 – lntersections Inc. Launches Al-Powered Identity Theft Protection with IBM Watson; 21/05/2018 – SYNCSORT ADVANCES SECURITY STRATEGY WITH ACQUISITION OF TOWNSEND SECURITY’S IBM l DATA PRIVACY PRODUCTS; 17/04/2018 – IBM 1Q Global Business Services Rev $4.17B; 10/04/2018 – Defense Info: DISA grants provisional authorization at data impact level 5 to IBM; 28/03/2018 – Adobe Steps Up AI-Powered Marketing to Take on IBM, Salesforce; 26/04/2018 – HOST HOTELS & RESORTS INC – ANNOUNCED A DEVELOPMENT AGREEMENT WITH IBM RESEARCH; 27/03/2018 – Direct Access to IBM Cloud Services Now Available at Interxion Data Centres Across Europe via Cloud Connect; 30/03/2018 – IBM predicts five technologies that will change the world in the next five years
Gendell Jeffrey L decreased its stake in Ameriserv Finl Inc (ASRV) by 21.38% based on its latest 2018Q2 regulatory filing with the SEC. Gendell Jeffrey L sold 83,820 shares as the company’s stock rose 5.88% with the market. The institutional investor held 308,252 shares of the major banks company at the end of 2018Q2, valued at $1.26 million, down from 392,072 at the end of the previous reported quarter. Gendell Jeffrey L who had been investing in Ameriserv Finl Inc for a number of months, seems to be less bullish one the $75.07M market cap company. The stock decreased 0.94% or $0.04 during the last trading session, reaching $4.23. About 7,518 shares traded. AmeriServ Financial, Inc. (NASDAQ:ASRV) has risen 12.50% since November 17, 2017 and is uptrending. It has underperformed by 3.12% the S&P500. Some Historical ASRV News: 17/04/2018 – AMERISERV FINANCIAL INC ASRV.O INCREASES QUARTERLY DIVIDEND BY 33 PCT; 24/04/2018 – AmeriServ Financial, Inc. to Webcast 2018 Annual Shareholder Meeting: Live Webcast Today; 17/04/2018 – AmeriServ Raises Dividend to 2c Vs. 1.5c; 02/04/2018 AmeriServ Financial, Inc. to Webcast 2018 Annual Shareholder Meeting; 17/04/2018 – AMERISERV FINANCIAL INC – QTRLY NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES $8.7 MLN VS $8.5 MLN; 17/04/2018 – AmeriServ 1Q EPS 10c; 17/04/2018 – AmeriServ 1Q Net Interest Income $8.75 Million; 22/04/2018 – DJ AmeriServ Financial Inc, Inst Holders, 1Q 2018 (ASRV)
Since August 3, 2018, it had 5 insider buys, and 1 insider sale for $426,695 activity. On Thursday, November 1 the insider Swedish Joseph bought $232,838. $1.67M worth of stock was sold by Gherson Diane J on Friday, August 3. 1,000 shares were bought by OWENS JAMES W, worth $114,673 on Wednesday, October 31. 4,311 shares were bought by TAUREL SIDNEY, worth $495,846 on Wednesday, October 31. WADDELL FREDERICK H bought $249,722 worth of stock.
Among 35 analysts covering International Business Machines (NYSE:IBM), 14 have Buy rating, 5 Sell and 16 Hold. Therefore 40% are positive. International Business Machines had 140 analyst reports since July 21, 2015 according to SRatingsIntel. Jefferies maintained the stock with “Sell” rating in Wednesday, September 20 report. Jefferies maintained the shares of IBM in report on Wednesday, July 12 with “Sell” rating. The stock has “Hold” rating by Cantor Fitzgerald on Friday, October 16. The rating was maintained by Barclays Capital on Tuesday, October 18 with “Underweight”. Stifel Nicolaus maintained International Business Machines Corporation (NYSE:IBM) on Thursday, July 19 with “Buy” rating. Credit Suisse maintained it with “Underperform” rating and $110 target in Tuesday, July 19 report. The stock of International Business Machines Corporation (NYSE:IBM) earned “Overweight” rating by Barclays Capital on Wednesday, January 17. BMO Capital Markets maintained the stock with “Market Perform” rating in Thursday, July 19 report. Stifel Nicolaus maintained the stock with “Buy” rating in Wednesday, April 18 report. The firm has “Perform” rating by Oppenheimer given on Tuesday, August 16.
Cedar Hill Associates Llc, which manages about $1.20B and $481.27 million US Long portfolio, decreased its stake in Platform Specialty Prods Corp Com (NYSE:PAH) by 46,115 shares to 347,332 shares, valued at $4.03M in 2018Q2, according to the filing. It also reduced its holding in Ishares Core U.S. Aggregate Bond Etf (AGG) by 22,694 shares in the quarter, leaving it with 5,412 shares, and cut its stake in Kayne Anderson Mlp Invt Co Com (NYSE:KYN).
Investors sentiment decreased to 0.9 in 2018 Q2. Its down 0.21, from 1.11 in 2018Q1. It dived, as 62 investors sold IBM shares while 617 reduced holdings. 120 funds opened positions while 493 raised stakes. 489.70 million shares or 2.28% less from 501.15 million shares in 2018Q1 were reported. Oarsman Cap has invested 0.4% in International Business Machines Corporation (NYSE:IBM). 31,104 were accumulated by Amica Mutual. Merriman Wealth Ltd Liability Corp accumulated 0.06% or 1,973 shares. Nbt Financial Bank N A New York owns 0.97% invested in International Business Machines Corporation (NYSE:IBM) for 38,790 shares. Jnba Financial Advsr, Minnesota-based fund reported 2,198 shares. Godsey And Gibb Assocs holds 0.06% or 2,295 shares in its portfolio. Brighton Jones invested in 0.2% or 11,229 shares. Bragg Fincl Advsr owns 36,574 shares. Prio Wealth LP holds 0.38% or 55,062 shares in its portfolio. Cranbrook Wealth Management Limited Liability Company, Michigan-based fund reported 2,533 shares. Stock Yards Natl Bank & Tru reported 16,076 shares. Private Wealth Partners Ltd has invested 0.09% of its portfolio in International Business Machines Corporation (NYSE:IBM). Tru Company Of Virginia Va owns 2,428 shares. Livingston Group Asset Mngmt Com (Operating As Southport Management) invested 0.64% in International Business Machines Corporation (NYSE:IBM). Pitcairn reported 0.07% stake.
More notable recent International Business Machines Corporation (NYSE:IBM) news were published by: Fool.com which released: “Why International Business Machines Corporation Stock Tumbled 24% Last Month” on November 07, 2018, also Seekingalpha.com with their article: “The IBM And Red Hat Tango” published on November 01, 2018, Seekingalpha.com published: “IBM: Disappointing, Again” on October 22, 2018. More interesting news about International Business Machines Corporation (NYSE:IBM) were released by: Seekingalpha.com and their article: “IBM Is Going Down – But It Can Be Saved” published on November 12, 2018 as well as Seekingalpha.com‘s news article titled: “IBM extends ServiceNow partnership, Cloud Migration” with publication date: November 16, 2018.
Another recent and important AmeriServ Financial, Inc. (NASDAQ:ASRV) news was published by Prnewswire.com which published an article titled: “AmeriServ Financial, Inc. Announces Quarterly Common Stock Cash Dividend” on October 22, 2018.
Gendell Jeffrey L, which manages about $980.40M US Long portfolio, upped its stake in Deutsche Bank Ag (Call) (NYSE:DB) by 483,900 shares to 1.96 million shares, valued at $20.82 million in 2018Q2, according to the filing. It also increased its holding in Cit Group Inc (Call) (NYSE:CIT) by 510,000 shares in the quarter, for a total of 670,400 shares, and has risen its stake in United Contl Hldgs Inc (NYSE:UAL).
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