Aull & Monroe Investment Management Corp lowered its holdings in shares of International Business Machines Corporation (NYSE:IBM) by 1.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 16,706 shares of the technology company’s stock after selling 300 shares during the quarter. International Business Machines comprises about 1.4% of Aull & Monroe Investment Management Corp’s investment portfolio, making the stock its 24th biggest position. Aull & Monroe Investment Management Corp’s holdings in International Business Machines were worth $2,570,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. SeaBridge Investment Advisors LLC grew its stake in International Business Machines by 18.9% in the 2nd quarter. SeaBridge Investment Advisors LLC now owns 76,818 shares of the technology company’s stock valued at $11,817,000 after buying an additional 12,236 shares during the last quarter. Intellectus Partners LLC grew its stake in International Business Machines by 9.8% in the 1st quarter. Intellectus Partners LLC now owns 16,817 shares of the technology company’s stock valued at $2,929,000 after buying an additional 1,496 shares during the last quarter. CKW Financial Group grew its stake in International Business Machines by 14.8% in the 1st quarter. CKW Financial Group now owns 938 shares of the technology company’s stock valued at $163,000 after buying an additional 121 shares during the last quarter. Argus Investors Counsel Inc. grew its stake in International Business Machines by 10.9% in the 2nd quarter. Argus Investors Counsel Inc. now owns 26,876 shares of the technology company’s stock valued at $4,134,000 after buying an additional 2,651 shares during the last quarter. Finally, SOL Capital Management CO grew its stake in International Business Machines by 0.6% in the 2nd quarter. SOL Capital Management CO now owns 7,588 shares of the technology company’s stock valued at $1,167,000 after buying an additional 45 shares during the last quarter. Institutional investors and hedge funds own 57.26% of the company’s stock.

Several research firms have issued reports on IBM. Berenberg Bank set a $125.00 price target on shares of International Business Machines and gave the stock a “sell” rating in a research report on Wednesday, October 18th. Vetr lowered shares of International Business Machines from a “buy” rating to a “hold” rating and set a $160.68 price target on the stock. in a research report on Thursday, October 19th. Tigress Financial restated a “buy” rating on shares of International Business Machines in a research report on Friday, December 1st. Pivotal Research began coverage on shares of International Business Machines in a research report on Friday, October 27th. They issued a “buy” rating and a $180.00 price target on the stock. Finally, KeyCorp restated a “hold” rating on shares of International Business Machines in a research report on Friday, November 3rd. Eight analysts have rated the stock with a sell rating, seventeen have issued a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $159.24.

International Business Machines Corporation (IBM) opened at $154.81 on Friday. The company has a market cap of $143,321.70, a PE ratio of 11.33, a PEG ratio of 2.27 and a beta of 0.94. International Business Machines Corporation has a 1-year low of $139.13 and a 1-year high of $182.79. The company has a current ratio of 1.41, a quick ratio of 1.36 and a debt-to-equity ratio of 2.09.

International Business Machines (NYSE:IBM) last released its quarterly earnings data on Tuesday, October 17th. The technology company reported $3.30 EPS for the quarter, topping analysts’ consensus estimates of $3.28 by $0.02. The company had revenue of $19.15 billion during the quarter, compared to the consensus estimate of $18.63 billion. International Business Machines had a net margin of 14.43% and a return on equity of 68.68%. The firm’s revenue for the quarter was down .4% compared to the same quarter last year. During the same period last year, the firm earned $3.29 EPS. research analysts anticipate that International Business Machines Corporation will post 13.8 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Saturday, December 9th. Stockholders of record on Friday, November 10th were issued a dividend of $1.50 per share. This represents a $6.00 dividend on an annualized basis and a dividend yield of 3.88%. The ex-dividend date was Thursday, November 9th. International Business Machines’s payout ratio is 50.13%.

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International Business Machines Company Profile

International Business Machines Corporation (IBM) is a technology company. The Company operates through five segments: Cognitive Solutions, Global Business Services (GBS), Technology Services & Cloud Platforms, Systems and Global Financing. The Cognitive Solutions segment delivers a spectrum of capabilities, from descriptive, predictive and prescriptive analytics to cognitive systems.

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Institutional Ownership by Quarter for International Business Machines (NYSE:IBM)

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