American Investment Services Inc increased its stake in International Business Machs (IBM) by 15.72% based on its latest 2018Q3 regulatory filing with the SEC. American Investment Services Inc bought 19,006 shares as the company’s stock declined 16.83% with the market. The institutional investor held 139,872 shares of the computer manufacturing company at the end of 2018Q3, valued at $21.15 million, up from 120,866 at the end of the previous reported quarter. American Investment Services Inc who had been investing in International Business Machs for a number of months, seems to be bullish on the $121.52 billion market cap company. The stock increased 0.39% or $0.52 during the last trading session, reaching $133.71. About 3.25 million shares traded. International Business Machines Corporation (NYSE:IBM) has declined 21.12% since February 10, 2018 and is downtrending. It has underperformed by 21.12% the S&P500. Some Historical IBM News: 15/05/2018 – BERKSHIRE HATHAWAY 13-F FILING WITH U.S. SEC SHOWS IT HAS DISSOLVED ITS SHARE STAKE IN IBM CORP IBM.N; 16/03/2018 – IBM Helps Accelerate Al with Fast New Data Platform, Elite Team; 12/03/2018 – IBM Chairman, CEO V.M. Rometty 2017 Total Compensation $18.6 Million, Down From $32.7 Million a Year Earlier; 14/03/2018 – IBM Study: Responding to Cybersecurity Incidents Still a Major Challenge for Businesses; 19/03/2018 – Intersections Inc. Launches AI-Powered Identity Theft Protection with IBM Watson; 13/03/2018 – Zoom Video Communications Embedded into IBM Watson Workspace Plus; 17/04/2018 – IBM 1Q Adj EPS $2.45; 29/03/2018 – Moody’s Affirms Seven Classes of GSMS 2017-GS5; 16/05/2018 – FINJAN HOLDINGS INC SAYS TERMS OF PATENT ASSIGNMENT AGREEMENT ARE CONFIDENTIAL – SEC FILING; 26/04/2018 – HOST HOTELS & RESORTS INC – ANNOUNCED A DEVELOPMENT AGREEMENT WITH IBM RESEARCH
Patriot Financial Partners Gp Lp decreased its stake in Banc Of California Inc. (BANC) by 17.54% based on its latest 2018Q3 regulatory filing with the SEC. Patriot Financial Partners Gp Lp sold 500,000 shares as the company’s stock declined 23.71% with the market. The hedge fund held 2.35M shares of the finance company at the end of 2018Q3, valued at $44.43M, down from 2.85M at the end of the previous reported quarter. Patriot Financial Partners Gp Lp who had been investing in Banc Of California Inc. for a number of months, seems to be less bullish one the $757.21M market cap company. The stock decreased 0.73% or $0.11 during the last trading session, reaching $14.95. About 171,546 shares traded. Banc of California, Inc. (NYSE:BANC) has declined 30.02% since February 10, 2018 and is downtrending. It has underperformed by 30.02% the S&P500. Some Historical BANC News: 27/04/2018 – Banc of California: Review of Underwriting Process for Loan Continues; 27/04/2018 – Banc of California 1Q EPS 6c; 08/05/2018 – Banc of California Announces Hiring of Jim Hazboun as Chief Human Resources Officer; 30/04/2018 – Mobilitie Wires LAFC’s New Home, Banc of California Stadium; 13/04/2018 – 3 $BANC Dominion often hired to address serious AML issues; 16/05/2018 – Banc of California Stadium Entertainment Division Announced; Adam Friedman Appointed President; 19/04/2018 – Los Angeles Football Club Selects Appetize To Innovate Food And Beverage Sales At Brand New Banc Of California Stadium; 13/04/2018 – 1 Discovery documents point to undisclosed $BANC DOJ investigation; 19/04/2018 – Los Angeles Football Club Selects Appetize To lnnovate Food And Beverage Sales At Brand New Banc Of California Stadium; 27/04/2018 – Banc of California: Believe Loan Involved Isolated Event of External Fraud
Since August 21, 2018, it had 3 insider buys, and 2 selling transactions for $4.40 million activity. 100 shares were bought by Fallon-Walsh Barbara, worth $2,028. WYCOFF W KIRK also sold $4.50 million worth of Banc of California, Inc. (NYSE:BANC) on Tuesday, August 21. 2,000 shares were bought by Curran Mary A, worth $31,220 on Thursday, December 6.
More notable recent Banc of California, Inc. (NYSE:BANC) news were published by: Ocbj.com which released: “Midday Stock Roundup – Orange County Business Journal” on January 24, 2019, also Seekingalpha.com with their article: “Banc of California, Inc. (BANC) CEO Doug Bowers on Q4 2018 Results – Earnings Call Transcript – Seeking Alpha” published on January 24, 2019, Seekingalpha.com published: “Banc of California -5.4% post Q4 results – Seeking Alpha” on January 24, 2019. More interesting news about Banc of California, Inc. (NYSE:BANC) were released by: Prnewswire.com and their article: “Banc of California Announces Promotion of Jim Wiegandt to Executive Vice President, Head of Real Estate Banking – PRNewswire” published on January 14, 2019 as well as Businesswire.com‘s news article titled: “Fundation Launches Digital Lending Capability with Banc of California for Small Business Customers – Business Wire” with publication date: January 23, 2019.
Investors sentiment decreased to 1.02 in 2018 Q3. Its down 0.02, from 1.04 in 2018Q2. It dived, as 13 investors sold BANC shares while 51 reduced holdings. 17 funds opened positions while 48 raised stakes. 54.85 million shares or 2.55% less from 56.28 million shares in 2018Q2 were reported. California Public Employees Retirement Sys, a California-based fund reported 67,212 shares. 29,751 were accumulated by Thrivent Financial For Lutherans. Victory Capital Inc, Ohio-based fund reported 2.40M shares. Regions Fincl reported 91 shares or 0% of all its holdings. Parkside State Bank owns 33 shares. Hennessy Advisors reported 0.21% in Banc of California, Inc. (NYSE:BANC). Employees Retirement Systems Of Ohio reported 70,742 shares. Bankshares Of New York Mellon Corporation has 0% invested in Banc of California, Inc. (NYSE:BANC). Parametric Portfolio Ltd Co owns 0% invested in Banc of California, Inc. (NYSE:BANC) for 157,384 shares. Invesco Limited accumulated 113,341 shares or 0% of the stock. Alliancebernstein LP has invested 0% in Banc of California, Inc. (NYSE:BANC). Principal Financial Grp owns 344,402 shares. Bridgeway Management Incorporated reported 233,000 shares stake. Deprince Race Zollo holds 0.28% or 653,971 shares. Moreover, Tower Rech Capital Limited Liability (Trc) has 0% invested in Banc of California, Inc. (NYSE:BANC).
Among 12 analysts covering Banc of California (NYSE:BANC), 7 have Buy rating, 1 Sell and 4 Hold. Therefore 58% are positive. Banc of California had 33 analyst reports since November 9, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Thursday, July 6 by Keefe Bruyette & Woods. The stock of Banc of California, Inc. (NYSE:BANC) earned “Market Perform” rating by Wood on Friday, May 5. On Thursday, January 26 the stock rating was upgraded by FBR Capital to “Outperform”. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Thursday, September 28 report. FBR Capital maintained the stock with “Mkt Perform” rating in Thursday, October 20 report. The rating was maintained by Keefe Bruyette & Woods on Monday, August 28 with “Hold”. The rating was upgraded by DA Davidson to “Buy” on Thursday, October 20. B. Riley & Co downgraded the shares of BANC in report on Thursday, February 1 to “Neutral” rating. Sandler O’Neill maintained the shares of BANC in report on Friday, March 16 with “Buy” rating. FBR Capital initiated Banc of California, Inc. (NYSE:BANC) on Friday, July 1 with “Mkt Perform” rating.
American Investment Services Inc, which manages about $612.10 million and $296.56 million US Long portfolio, decreased its stake in Vanguard Index Fds (VUG) by 3,946 shares to 170,910 shares, valued at $27.52M in 2018Q3, according to the filing. It also reduced its holding in Pfizer Inc (NYSE:PFE) by 57,170 shares in the quarter, leaving it with 310,369 shares, and cut its stake in Spdr S&P 500 Etf Tr (SPY).
More notable recent International Business Machines Corporation (NYSE:IBM) news were published by: Investorideas.com which released: “Newswire – The #AIEye: IBM ( $IBM) to Invest $2 Billion in NY State Including #AI Hardware Center, Pegasystems ( $PEGI) Acquires Infruid Labs and Veritone ( $VERI) Launches Objectbox Detection and Tracking Solution – InvestorIdeas.com” on February 08, 2019, also Prnewswire.com with their article: “Governor Cuomo Announces IBM Investment To Create Artificial Intelligence Hardware Center At SUNY Poly Albany Campus – PRNewswire” published on February 07, 2019, Bizjournals.com published: “McCormick partners with IBM on AI to come up with new flavors – Baltimore Business Journal” on February 04, 2019. More interesting news about International Business Machines Corporation (NYSE:IBM) were released by: Fool.com and their article: “Forget IBM. Microsoft Is a Better Dividend Growth Stock – Motley Fool” published on January 27, 2019 as well as Investorideas.com‘s news article titled: “Newswire – What’s New for #AI in 2019; Gopher Protocol (OTCQB: $GOPH), IBM (NYSE: $IBM), NVIDIA (Nasdaq: $NVDA), QUALCOMM (Nasdaq: $QCOM) – InvestorIdeas.com” with publication date: January 15, 2019.
Since October 31, 2018, it had 5 buys, and 0 insider sales for $2.09 million activity. Another trade for 4,311 shares valued at $495,846 was made by TAUREL SIDNEY on Wednesday, October 31. 1,000 shares were bought by OWENS JAMES W, worth $114,673 on Wednesday, October 31. 2,153 shares were bought by WADDELL FREDERICK H, worth $249,722 on Thursday, November 1. Swedish Joseph bought $232,838 worth of stock.
Among 35 analysts covering International Business Machines (NYSE:IBM), 14 have Buy rating, 5 Sell and 16 Hold. Therefore 40% are positive. International Business Machines had 142 analyst reports since July 21, 2015 according to SRatingsIntel. The company was initiated on Wednesday, January 4 by Guggenheim. The firm has “Market Perform” rating by BMO Capital Markets given on Wednesday, October 18. The stock of International Business Machines Corporation (NYSE:IBM) has “Market Perform” rating given on Wednesday, April 26 by Wells Fargo. On Wednesday, January 17 the stock rating was upgraded by Barclays Capital to “Overweight”. Barclays Capital initiated the shares of IBM in report on Wednesday, October 14 with “Underweight” rating. On Friday, January 19 the stock rating was maintained by Societe Generale with “Sell”. The rating was maintained by Morgan Stanley with “Overweight” on Tuesday, July 19. Bernstein maintained the stock with “Market Perform” rating in Tuesday, July 19 report. BMO Capital Markets maintained International Business Machines Corporation (NYSE:IBM) rating on Wednesday, October 17. BMO Capital Markets has “Market Perform” rating and $164 target. The stock has “Sector Perform” rating by RBC Capital Markets on Tuesday, October 20.