Caz Investments LP Cut Its Intl Business Machines Cm (IBM) Holding by $374,100; First National Trust Co Boosted Amazon Com (AMZN) Holding by $517,018

February 23, 2018 - By Vivian Currie

Caz Investments Lp decreased its stake in Intl Business Machines Corp Cm (IBM) by 30.64% based on its latest 2017Q3 regulatory filing with the SEC. Caz Investments Lp sold 2,580 shares as the company’s stock declined 15.88% while stock markets rallied. The institutional investor held 5,840 shares of the computer manufacturing company at the end of 2017Q3, valued at $847,000, down from 8,420 at the end of the previous reported quarter. Caz Investments Lp who had been investing in Intl Business Machines Corp Cm for a number of months, seems to be less bullish one the $142.92B market cap company. The stock increased 0.78% or $1.2 during the last trading session, reaching $154.38. About 1.55M shares traded. International Business Machines Corporation (NYSE:IBM) has risen 4.86% since February 23, 2017 and is uptrending. It has underperformed by 11.84% the S&P500.

First National Trust Co increased its stake in Amazon Com Inc (AMZN) by 10.22% based on its latest 2017Q3 regulatory filing with the SEC. First National Trust Co bought 538 shares as the company’s stock rose 13.58% with the market. The institutional investor held 5,803 shares of the consumer services company at the end of 2017Q3, valued at $5.58M, up from 5,265 at the end of the previous reported quarter. First National Trust Co who had been investing in Amazon Com Inc for a number of months, seems to be bullish on the $721.63 billion market cap company. The stock increased 0.36% or $5.2925 during the last trading session, reaching $1490.6324. About 2.24M shares traded. Amazon.com, Inc. (NASDAQ:AMZN) has risen 37.41% since February 23, 2017 and is uptrending. It has outperformed by 20.71% the S&P500.

Among 53 analysts covering Amazon.com (NASDAQ:AMZN), 50 have Buy rating, 0 Sell and 3 Hold. Therefore 94% are positive. Amazon.com had 274 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Buy” rating by DA Davidson given on Monday, February 12. The company was maintained on Friday, July 29 by Mizuho. The stock has “Buy” rating by Piper Jaffray on Friday, October 27. On Wednesday, January 3 the stock rating was maintained by Cowen & Co with “Buy”. On Friday, October 27 the stock rating was maintained by Aegis Capital with “Buy”. Macquarie Research maintained the shares of AMZN in report on Tuesday, February 13 with “Buy” rating. Robert W. Baird maintained the shares of AMZN in report on Friday, October 23 with “Buy” rating. The firm has “Buy” rating given on Friday, July 24 by Mizuho. The firm earned “Buy” rating on Friday, February 2 by UBS. The stock of Amazon.com, Inc. (NASDAQ:AMZN) earned “Buy” rating by Piper Jaffray on Wednesday, October 18.

Investors sentiment decreased to 1.26 in 2017 Q3. Its down 0.10, from 1.36 in 2017Q2. It is negative, as 73 investors sold AMZN shares while 549 reduced holdings. 127 funds opened positions while 657 raised stakes. 279.77 million shares or 1.91% less from 285.20 million shares in 2017Q2 were reported. Caprock Group invested in 3,361 shares. Plante Moran Fincl Advsr Ltd Liability reported 0.24% stake. Fukoku Mutual Life Company has invested 0.24% in Amazon.com, Inc. (NASDAQ:AMZN). Athena Advsr Ltd Company holds 0.07% in Amazon.com, Inc. (NASDAQ:AMZN) or 283 shares. Aviance Capital Prtnrs Lc holds 365 shares. Columbus Circle Invsts invested in 2.07% or 126,525 shares. Moreover, Papp L Roy And has 0.06% invested in Amazon.com, Inc. (NASDAQ:AMZN) for 311 shares. Bluestein R H & reported 3.61% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Herald Invest Mgmt Limited has invested 0.62% in Amazon.com, Inc. (NASDAQ:AMZN). Apriem holds 0.96% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN) for 4,008 shares. 82 were accumulated by Farmers Merchants Invests Incorporated. Greenleaf has 0.05% invested in Amazon.com, Inc. (NASDAQ:AMZN). 65,200 are owned by Arrowgrass Partners Llp. Ardsley Advisory holds 0.26% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN) for 2,015 shares. Finance Capital Lc accumulated 1,703 shares.

First National Trust Co, which manages about $862.54 million US Long portfolio, decreased its stake in Aflac Inc (NYSE:AFL) by 5,045 shares to 70,712 shares, valued at $5.76M in 2017Q3, according to the filing. It also reduced its holding in Qualcomm Inc (NASDAQ:QCOM) by 21,587 shares in the quarter, leaving it with 79,212 shares, and cut its stake in Energy Transfer Partners Lp.

Since December 7, 2017, it had 0 buys, and 8 insider sales for $38.37 million activity. Blackburn Jeffrey M had sold 12,666 shares worth $18.50M on Thursday, February 15. WILKE JEFFREY A had sold 2,000 shares worth $2.91M. On Thursday, February 15 the insider Olsavsky Brian T sold $3.42M. Jassy Andrew R had sold 1,985 shares worth $2.90 million on Thursday, February 15. ALBERG TOM A sold 2,285 shares worth $3.35M. On Thursday, February 15 the insider Zapolsky David sold $3.24 million.

Among 33 analysts covering International Business Machines (NYSE:IBM), 13 have Buy rating, 4 Sell and 16 Hold. Therefore 39% are positive. International Business Machines had 123 analyst reports since July 21, 2015 according to SRatingsIntel. RBC Capital Markets upgraded International Business Machines Corporation (NYSE:IBM) on Wednesday, January 3 to “Outperform” rating. The rating was upgraded by Barclays Capital to “Overweight” on Wednesday, January 17. The company was maintained on Tuesday, July 19 by Morgan Stanley. The firm has “Buy” rating given on Thursday, August 27 by S&P Research. The company was maintained on Wednesday, October 12 by Credit Suisse. The stock of International Business Machines Corporation (NYSE:IBM) has “Underweight” rating given on Wednesday, October 14 by Barclays Capital. J.P. Morgan maintained International Business Machines Corporation (NYSE:IBM) on Friday, January 19 with “Hold” rating. Credit Suisse maintained International Business Machines Corporation (NYSE:IBM) rating on Tuesday, October 18. Credit Suisse has “Underperform” rating and $110 target. As per Wednesday, August 26, the company rating was upgraded by Argus Research. The firm earned “Buy” rating on Thursday, November 10 by Bank of America.

Investors sentiment increased to 0.74 in 2017 Q3. Its up 0.02, from 0.72 in 2017Q2. It increased, as 70 investors sold IBM shares while 676 reduced holdings. 100 funds opened positions while 451 raised stakes. 519.10 million shares or 2.22% less from 530.91 million shares in 2017Q2 were reported. First Bancshares Sioux Falls holds 2,688 shares or 1.37% of its portfolio. Amer Century reported 1.18M shares. Stearns Financial Group Inc invested in 0.37% or 10,106 shares. Van Strum And Towne owns 30,100 shares for 2.84% of their portfolio. Charter Trust has 164,308 shares. Umb State Bank N A Mo holds 0.21% of its portfolio in International Business Machines Corporation (NYSE:IBM) for 42,454 shares. Aull Monroe invested 1.22% in International Business Machines Corporation (NYSE:IBM). Eastern Bank accumulated 8,856 shares. Warren Averett Asset Management Ltd Liability Corporation holds 0.23% of its portfolio in International Business Machines Corporation (NYSE:IBM) for 7,310 shares. Grantham Mayo Van Otterloo & Limited Liability Corp stated it has 96,384 shares. Orrstown Services Inc invested 0.04% of its portfolio in International Business Machines Corporation (NYSE:IBM). Peninsula Asset holds 1.41% or 13,275 shares in its portfolio. Hussman Strategic Advsrs Inc stated it has 25,700 shares or 0.9% of all its holdings. Moreover, Teacher Retirement System Of Texas has 0.43% invested in International Business Machines Corporation (NYSE:IBM) for 481,970 shares. Conestoga Advsrs Ltd reported 2,305 shares stake.

Since January 31, 2018, it had 1 buy, and 0 sales for $99,659 activity.

Analysts await International Business Machines Corporation (NYSE:IBM) to report earnings on April, 17. They expect $2.37 EPS, down 0.42% or $0.01 from last year’s $2.38 per share. IBM’s profit will be $2.19 billion for 16.28 P/E if the $2.37 EPS becomes a reality. After $5.18 actual EPS reported by International Business Machines Corporation for the previous quarter, Wall Street now forecasts -54.25% negative EPS growth.

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