Robeco Institutional Asset Management B.V. decreased its position in International Business Machines Corporation (NYSE:IBM) by 3.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 177,054 shares of the technology company’s stock after selling 6,093 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in International Business Machines were worth $25,686,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IBM. SeaBridge Investment Advisors LLC grew its position in International Business Machines by 18.9% during the second 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 period. Intellectus Partners LLC grew its position in International Business Machines by 9.8% during the first 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 period. CKW Financial Group grew its position in International Business Machines by 14.8% during the first 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 period. Argus Investors Counsel Inc. grew its position in International Business Machines by 10.9% during the second 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 period. Finally, SOL Capital Management CO grew its position in International Business Machines by 0.6% during the second 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 period. Hedge funds and other institutional investors own 57.13% of the company’s stock.

Several research firms recently weighed in on IBM. Royal Bank of Canada restated a “hold” rating on shares of International Business Machines in a research report on Friday, October 13th. BidaskClub upgraded shares of International Business Machines from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 26th. Zacks Investment Research lowered shares of International Business Machines from a “hold” rating to a “sell” rating in a research report on Tuesday. Morgan Stanley restated an “overweight” rating and set a $192.00 price target on shares of International Business Machines in a research report on Wednesday, August 23rd. Finally, BMO Capital Markets restated a “market perform” rating and set a $170.00 price target (up previously from $167.00) on shares of International Business Machines in a research report on Wednesday, October 18th. Eight investment analysts have rated the stock with a sell rating, seventeen have given a hold rating and eleven have given a buy rating to the company. The company has an average rating of “Hold” and an average target price of $159.24.

Shares of International Business Machines Corporation (NYSE:IBM) opened at $153.23 on Wednesday. International Business Machines Corporation has a fifty-two week low of $139.13 and a fifty-two week high of $182.79. The stock has a market cap of $141,951.61, a PE ratio of 11.23, a PEG ratio of 2.25 and a beta of 0.94. The company has a debt-to-equity ratio of 2.09, a current ratio of 1.41 and a quick ratio of 1.36.

International Business Machines (NYSE:IBM) last announced its quarterly 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. International Business Machines had a net margin of 14.43% and a return on equity of 68.68%. The firm had revenue of $19.15 billion for the quarter, compared to the consensus estimate of $18.63 billion. During the same period in the prior year, the firm posted $3.29 earnings per share. The company’s revenue for the quarter was down .4% on a year-over-year basis. research analysts predict that International Business Machines Corporation will post 13.8 EPS for the current year.

The company also recently declared a quarterly dividend, which was paid on Saturday, December 9th. Stockholders of record on Friday, November 10th were issued a $1.50 dividend. This represents a $6.00 dividend on an annualized basis and a dividend yield of 3.92%. The ex-dividend date was Thursday, November 9th. International Business Machines’s payout ratio is 50.13%.

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About International Business Machines

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.

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

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