Investors sold shares of International Business Machines Corporation (NYSE:IBM) on strength during trading hours on Monday. $118.75 million flowed into the stock on the tick-up and $175.62 million flowed out of the stock on the tick-down, for a money net flow of $56.87 million out of the stock. Of all equities tracked, International Business Machines had the 0th highest net out-flow for the day. International Business Machines traded up $0.60 for the day and closed at $155.41

A number of equities analysts have recently weighed in on IBM shares. Cantor Fitzgerald reiterated a “hold” rating and issued a $154.00 target price on shares of International Business Machines in a report on Friday, October 13th. Stifel Nicolaus reissued a “buy” rating and issued a $182.00 price target on shares of International Business Machines in a research note on Friday, October 6th. Royal Bank of Canada reissued a “hold” rating and issued a $160.00 price target on shares of International Business Machines in a research note on Wednesday, November 15th. BidaskClub raised International Business Machines from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 26th. Finally, Goldman Sachs Group set a $170.00 price target on International Business Machines and gave the company a “neutral” rating in a research note on Wednesday, October 18th. Eight equities research analysts have rated the stock with a sell rating, seventeen have given a hold rating and eleven have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $159.24.

The company has a market capitalization of $143,910.00, a PE ratio of 11.33, a PEG ratio of 2.27 and a beta of 0.94. The company has a quick ratio of 1.36, a current ratio of 1.41 and a debt-to-equity ratio of 2.09.

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

The business also recently announced a quarterly dividend, which was paid on Saturday, December 9th. Shareholders of record on Friday, November 10th were given a dividend of $1.50 per share. The ex-dividend date of this dividend was Thursday, November 9th. This represents a $6.00 dividend on an annualized basis and a yield of 3.86%. International Business Machines’s payout ratio is currently 50.08%.

Hedge funds have recently modified their holdings of the company. Herndon Capital Management LLC lifted its holdings in shares of International Business Machines by 39.0% during the second quarter. Herndon Capital Management LLC now owns 695 shares of the technology company’s stock worth $107,000 after buying an additional 195 shares during the last quarter. Edge Wealth Management LLC lifted its holdings in shares of International Business Machines by 5.6% during the second quarter. Edge Wealth Management LLC now owns 760 shares of the technology company’s stock worth $117,000 after buying an additional 40 shares during the last quarter. ETF Managers Group LLC acquired a new position in shares of International Business Machines during the second quarter worth approximately $121,000. Horan Capital Advisors LLC. acquired a new position in shares of International Business Machines during the third quarter worth approximately $136,000. Finally, Peddock Capital Advisors LLC lifted its holdings in shares of International Business Machines by 7.3% during the second quarter. Peddock Capital Advisors LLC now owns 912 shares of the technology company’s stock worth $140,000 after buying an additional 62 shares during the last quarter. Institutional investors own 57.26% of the company’s stock.

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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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