Published: Sun, January 14, 2018
Finance | By Loren Pratt

International Business Machines Corp. (IBM) Shares Sold by Bessemer Group Inc


Greg Taxin increased its stake in Hanover Ins Group Inc (THG) by 98.95% based on its latest 2017Q3 regulatory filing with the SEC. The institutional investor held 253,402 shares of the air freight and delivery services company at the end of 2017Q3, valued at $14.18 million, up from 245,443 at the end of the previous reported quarter. International Business Machines has $21200 highest and $11000 lowest target. Nordea Investment Management AB now owns 3,250,047 shares of the technology company's stock valued at $499,955,000 after buying an additional 1,956,033 shares in the last quarter. About 10.33M shares traded or 204.25% up from the average.

International Business Machines (NYSE:IBM) last released its earnings results on Tuesday, October 17th.

The stock of The Brink's Company (NYSE:BCO) is a huge mover today! The stock decreased 0.44% or $0.08 during the last trading session, reaching $18.09. About 97,074 shares traded or 58.02% up from the average. The Brink's Company (NYSE:BCO) has risen 110.61% since January 14, 2017 and is uptrending. It has outperformed by 20.93% the S&P500. We have $77.10 PT which if reached, will make NYSE:BCO worth $338.48 million less. Three equities research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and nine have given a buy rating to the stock. Therefore 35% are positive. Destination Wealth Management owns 0.03% invested in International Business Machines Corporation (NYSE:IBM) for 3,606 shares. BMO Capital Markets reaffirmed a "hold" rating and set a $175.00 price objective on shares of International Business Machines in a research note on Thursday. Deutsche Bank maintained the shares of IBM in report on Tuesday, July 19 with "Hold" rating. Moreover, Alliancebernstein LP has 0.18% invested in International Business Machines Corporation (NYSE:IBM) for 1.67 million shares. RBC Capital Markets maintained the shares of IBM in report on Monday, October 5 with "Sector Perform" rating. On Wednesday, October 18 the stock rating was maintained by Barclays Capital with "Underweight". Cognios Capital Limited Liability Com invested 0.26% of its portfolio in International Business Machines Corporation (NYSE:IBM). The firm has "Overweight" rating given on Monday, June 13 by Morgan Stanley.

Perhaps, that suggests something about why 0.80% of the outstanding share supply is held by institutional investors. Its up 0.02, from 0.72 in 2017Q2. 519.10 million shares or 2.22% less from 530.91 million shares in 2017Q2 were reported. Wall Street Access Asset, New York-based fund reported 1,741 shares. 165,086 are held by Pinebridge Invests Lp. Over the last five days, shares have managed 1.55% gains and now is up 7.59% since hitting its 200-day moving average of $149.74. Its up 39.73% from 13.66M shares previously. Jpmorgan Chase & Company stated it has 8.54M shares or 0.27% of all its holdings. Pineno Levin And Ford Asset Mgmt has 28,189 shares for 1.88% of their portfolio. Voloridge Ltd Liability Company holds 0.79% or 242,487 shares. Argi Investment Services Llc who had been investing in Intl Business Machines Com for a number of months, seems to be less bullish one the $151.03B market cap company. West Coast Fincl Limited Liability Co has 29,142 shares. Farmers owns 3,139 shares. Jefferies maintained the stock with "Sell" rating in Wednesday, August 16 report.

Several equities analysts have weighed in on the company. The rating was maintained by Imperial Capital with "In-Line" on Thursday, May 25. JP Morgan upgraded it to "Overweight" rating and $66 target in Friday, September 15 report. The company was downgraded on Wednesday, June 21 by Macquarie Research. Finally, Pivotal Research began coverage on International Business Machines in a report on Friday, October 27th. As per Friday, July 14, the company rating was maintained by Drexel Hamilton. UBS has "Hold" rating and $15900 target. The stock has "Buy" rating by Wells Fargo on Tuesday, September 26. (NYSE:CBG) on Thursday, December 21 with "Hold" rating. The rating was maintained by Guggenheim with "Hold" on Thursday, July 13.


Since October 17, 2017, it had 0 insider buys, and 3 insider sales for $2.23 million activity. Shares for $866,714 were sold by Midler Laurence H.

The BrinkÂ's Company provides secure transportation, cash management services, and other security-related services worldwide. The company has market cap of $150.94 billion. The firm offers cash-in-transit services, including armored vehicle transportation of valuables; automated teller machine services, such as cash replenishment, replenishment forecasting, cash optimization, ATM remote monitoring, service call dispatching, transaction processing, installation services, and first and second line maintenance; and network infrastructure services. It has a 22.68 P/E ratio.

Analysts await The Brink's Company (NYSE:BCO) to report earnings on February, 14. The technology company reported $3.30 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $3.28 by $0.02. IBM's profit will be $4.78B for 7.90 P/E if the $5.16 EPS becomes a reality. The Karpus Management Inc holds 63,042 shares with $1.61M value, down from 746,060 last quarter.

Investors sentiment decreased to 1.39 in Q3 2017. Its up 0.51, from 1.04 in 2017Q2. It increased, as 24 investors sold CBG shares while 172 reduced holdings. 70 funds opened positions while 213 raised stakes. It also reduced Wabco Hldgs Inc (NYSE:WBC) stake by 100,000 shares and now owns 500,000 shares. Apg Asset Management Nv has 0% invested in The Brink's Company (NYSE:BCO). 19,266 were accumulated by Bank & Trust Of Montreal Can. (NYSE:CBG). Blackrock invested in 0.04% or 20.58 million shares. Cypress holds 0.08% of its portfolio in CBRE Group, Inc. Mesirow owns 186,712 shares or 1.04% of their United States portfolio. The Hanover Insurance Group, Inc. 18,700 are held by Oregon Employees Retirement Fund. 912,618 shares of the stock were exchanged. Karpus Incorporated has 63,042 shares for 0.08% of their portfolio. Dsam Prns (London) Limited accumulated 294,359 shares or 3.45% of the stock.

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