Traders sold shares of IBM (NYSE:IBM) on strength during trading hours on Thursday. $77.59 million flowed into the stock on the tick-up and $169.60 million flowed out of the stock on the tick-down, for a money net flow of $92.01 million out of the stock. Of all stocks tracked, IBM had the 15th highest net out-flow for the day. IBM traded up $1.84 for the day and closed at $141.44

A number of equities research analysts recently commented on the company. BMO Capital Markets increased their price target on IBM to $147.00 and gave the stock a “market perform” rating in a research report on Wednesday, January 23rd. They noted that the move was a valuation call. Royal Bank of Canada restated an “outperform” rating and set a $160.00 price target (up from $155.00) on shares of IBM in a research report on Wednesday, January 23rd. Zacks Investment Research lowered IBM from a “hold” rating to a “sell” rating in a research report on Thursday, January 24th. Wolfe Research assumed coverage on IBM in a research report on Tuesday, December 11th. They set a “market perform” rating on the stock. Finally, Wells Fargo & Co restated a “market perform” rating and set a $140.00 price target (down from $155.00) on shares of IBM in a research report on Wednesday, January 23rd. Three analysts have rated the stock with a sell rating, eleven have given a hold rating and eight have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $154.56.

The stock has a market cap of $124.23 billion, a P/E ratio of 10.24, a price-to-earnings-growth ratio of 2.49 and a beta of 1.25. The company has a debt-to-equity ratio of 2.10, a current ratio of 1.29 and a quick ratio of 1.24.

IBM (NYSE:IBM) last announced its quarterly earnings data on Tuesday, January 22nd. The technology company reported $4.87 EPS for the quarter, beating the Zacks’ consensus estimate of $4.82 by $0.05. The firm had revenue of $21.76 billion for the quarter, compared to analyst estimates of $21.79 billion. IBM had a return on equity of 68.61% and a net margin of 10.97%. The business’s quarterly revenue was down 3.5% compared to the same quarter last year. During the same period last year, the company earned $5.14 EPS. As a group, equities analysts expect that IBM will post 13.92 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Saturday, March 9th. Shareholders of record on Friday, February 8th were given a $1.57 dividend. The ex-dividend date of this dividend was Thursday, February 7th. This represents a $6.28 dividend on an annualized basis and a yield of 4.44%. IBM’s payout ratio is 45.47%.

In other news, insider Diane J. Gherson sold 1,989 shares of the firm’s stock in a transaction on Wednesday, February 13th. The stock was sold at an average price of $137.25, for a total value of $272,990.25. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, insider Erich Clementi sold 13,000 shares of the firm’s stock in a transaction on Friday, March 1st. The stock was sold at an average price of $139.01, for a total value of $1,807,130.00. The disclosure for this sale can be found here. Insiders sold a total of 20,867 shares of company stock worth $2,877,569 over the last quarter. Corporate insiders own 0.19% of the company’s stock.

Several large investors have recently bought and sold shares of the company. MUFG Securities EMEA plc boosted its position in shares of IBM by 44.8% in the 4th quarter. MUFG Securities EMEA plc now owns 216,780 shares of the technology company’s stock worth $24,641,000 after purchasing an additional 67,055 shares during the last quarter. Nalls Sherbakoff Group LLC bought a new position in shares of IBM in the 4th quarter worth $34,000. Sycomore Asset Management bought a new position in shares of IBM in the 4th quarter worth $81,000. Halsey Associates Inc. CT boosted its position in shares of IBM by 30.3% in the 4th quarter. Halsey Associates Inc. CT now owns 19,073 shares of the technology company’s stock worth $2,168,000 after purchasing an additional 4,434 shares during the last quarter. Finally, Accuvest Global Advisors boosted its position in shares of IBM by 7.4% in the 4th quarter. Accuvest Global Advisors now owns 3,728 shares of the technology company’s stock worth $424,000 after purchasing an additional 258 shares during the last quarter. Institutional investors and hedge funds own 54.55% of the company’s stock.

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About IBM (NYSE:IBM)

International Business Machines Corporation operates as an integrated technology and services company worldwide. Its Cognitive Solutions segment offers Watson, a computing platform that interacts in language, processes big data, and learns from interactions with people and computers. This segment also offers analytics and data management platforms, cloud data services, enterprise social software, and talent management and industry solutions; and transaction processing software for use in banking, airlines, and retail industries.

Further Reading: Cost of Equity

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