International Business Machs (Call) (IBM) Shareholder Arrowgrass Capital Partners LP Has Upped Its Stake

Investors sentiment decreased to 0.59 in 2018 Q4. Its down 0.32, from 0.91 in 2018Q3. It turned negative, as 129 investors sold IBM shares while 678 reduced holdings. 121 funds opened positions while 353 raised stakes. 523.62 million shares or 6.28% more from 492.69 million shares in 2018Q3 were reported. Woodstock Corporation reported 10,342 shares or 0.24% of all its holdings. Envestnet Asset Management Incorporated accumulated 0.04% or 245,508 shares. Greenwood Gearhart accumulated 55,330 shares or 2.09% of the stock. Tower Research Cap Limited Liability (Trc) owns 4,142 shares for 0.03% of their portfolio. Davenport And Commerce Lc reported 50,608 shares stake. 5,480 are owned by Brave Asset. Wendell David Assocs Inc has 9,157 shares. Willingdon Wealth owns 36,565 shares. Meritage Portfolio Mngmt has invested 0.39% in International Business Machines Corporation (NYSE:IBM). Johnson Investment Counsel stated it has 51,834 shares. Keating Investment Counselors has invested 0.14% in International Business Machines Corporation (NYSE:IBM). Edge Wealth Mngmt Lc has invested 0.02% in International Business Machines Corporation (NYSE:IBM). Walleye Trading Limited Liability reported 46,237 shares. Ledyard Comml Bank reported 56,574 shares. Investec Asset Mgmt owns 58,717 shares for 0.03% of their portfolio.

Since October 31, 2018, it had 5 buys, and 0 selling transactions for $2.09 million activity. OWENS JAMES W bought $114,673 worth of International Business Machines Corporation (NYSE:IBM) on Wednesday, October 31. Rometty Virginia M also bought $998,835 worth of International Business Machines Corporation (NYSE:IBM) on Friday, November 2. 2,153 International Business Machines Corporation (NYSE:IBM) shares with value of $249,722 were bought by WADDELL FREDERICK H. TAUREL SIDNEY had bought 4,311 shares worth $495,846.

Arrowgrass Capital Partners Lp increased its stake in International Business Machs (Call) (IBM) by 12280.95% based on its latest 2018Q4 regulatory filing with the SEC. Arrowgrass Capital Partners Lp bought 257,900 shares as the company’s stock rose 12.54% with the market. The hedge fund held 260,000 shares of the computer manufacturing company at the end of 2018Q4, valued at $29.56M, up from 2,100 at the end of the previous reported quarter. Arrowgrass Capital Partners Lp who had been investing in International Business Machs (Call) for a number of months, seems to be bullish on the $124.07 billion market cap company. The stock increased 0.46% or $0.64 during the last trading session, reaching $139.43. About 7.15M shares traded or 46.68% up from the average. International Business Machines Corporation (NYSE:IBM) has declined 10.00% since March 17, 2018 and is downtrending. It has underperformed by 14.37% the S&P500.

Arrowgrass Capital Partners Lp, which manages about $14.76 billion and $2.70 billion US Long portfolio, decreased its stake in Visa Inc (NYSE:V) by 30,377 shares to 9,186 shares, valued at $1.21 million in 2018Q4, according to the filing. It also reduced its holding in Caterpillar Inc Del (Put) (NYSE:CAT) by 34,052 shares in the quarter, leaving it with 62,000 shares, and cut its stake in Akamai Technologies Inc (NASDAQ:AKAM).

More notable recent International Business Machines Corporation (NYSE:IBM) news were published by: Fool.com which released: “IBM Is on a Spectacular Streak, Will It Come to a Bad End? – Motley Fool” on February 20, 2019, also Investorplace.com with their article: “7 Dividend Stocks With Big Yields – Investorplace.com” published on March 13, 2019, Fool.com published: “Microsoft vs. IBM: What’s the Better Stock Buy? – The Motley Fool” on February 23, 2019. More interesting news about International Business Machines Corporation (NYSE:IBM) were released by: Cnbc.com and their article: “IBM just appointed the first African-American woman to command a US Navy ship to its board – CNBC” published on February 26, 2019 as well as Fool.com‘s news article titled: “IBM vs. Alphabet: Which Is the Better Buy? – The Motley Fool” with publication date: February 17, 2019.

International Business Machines Corporation (NYSE:IBM) Ratings Coverage

Among 6 analysts covering IBM (NYSE:IBM), 2 have Buy rating, 1 Sell and 3 Hold. Therefore 33% are positive. IBM had 9 analyst reports since September 26, 2018 according to SRatingsIntel. Argus Research downgraded the stock to “Hold” rating in Thursday, October 18 report. RBC Capital Markets maintained International Business Machines Corporation (NYSE:IBM) on Monday, December 17 with “Outperform” rating. The company was maintained on Wednesday, October 17 by BMO Capital Markets. On Tuesday, October 30 the stock rating was maintained by UBS with “Buy”. The firm earned “Neutral” rating on Wednesday, October 17 by Cantor Fitzgerald. On Monday, November 26 the stock rating was maintained by RBC Capital Markets with “Buy”. The stock of International Business Machines Corporation (NYSE:IBM) earned “Buy” rating by UBS on Wednesday, September 26.

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

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