Beech Hill Advisors Has Decreased Its International Business Machs (IBM) Position by $4.07 …

… ON INVESTOR WEBCAST; 19/03/2018 – Intersections Inc. Launches AI-Powered Identity Theft Protection with IBM Watson; 04/04/2018 – Anaqua’s …

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Beech Hill Advisors Inc decreased its stake in International Business Machs (IBM) by 86.8% based on its latest 2018Q3 regulatory filing with the SEC. Beech Hill Advisors Inc sold 26,971 shares as the company’s stock declined 16.83% with the market. The institutional investor held 4,100 shares of the computer manufacturing company at the end of 2018Q3, valued at $620,000, down from 31,071 at the end of the previous reported quarter. Beech Hill Advisors Inc who had been investing in International Business Machs for a number of months, seems to be less bullish one the $110.38 billion market cap company. The stock decreased 0.27% or $0.33 during the last trading session, reaching $121.46. About 3.72M shares traded. International Business Machines Corporation (NYSE:IBM) has declined 21.12% since January 12, 2018 and is downtrending. It has underperformed by 21.12% the S&P500. Some Historical IBM News: 15/05/2018 – BERKSHIRE 13F NO LONGER SHOWS STAKE IN IBM AS OF 1Q; 22/03/2018 – MOVES-Ernst & Young hires three executive directors, principal; 23/05/2018 – IBM gives jobs boost to Emmanuel Macron’s pitch to tech groups; 18/04/2018 – IBM Earnings: It’s All About the Margins — Barron’s Blog; 08/03/2018 – IBM CEO GINNI ROMETTY SPEAKS ON INVESTOR WEBCAST; 19/03/2018 – Intersections Inc. Launches AI-Powered Identity Theft Protection with IBM Watson; 04/04/2018 – Anaqua’s 2018 User Conference to Feature Speakers from adidas, IBM, BASF; 21/03/2018 – V3: IBM teams with Nvidia to use GPUs to boost AI research; 17/04/2018 – IBM 1Q Global Business Services Rev $4.17B; 27/03/2018 – ITALY’S CARIGE SAYS ACKNOWLEDGES MARKET CONDITIONS ARE NOT THERE FOR ISSUANCE OF SUBORDINATED BOND WITH “EXPECTED CHARACTERISTICS”

Oregon Public Employees Retirement Fund decreased its stake in Jpmorgan Chase Co (JPM) by 0.67% based on its latest 2018Q3 regulatory filing with the SEC. Oregon Public Employees Retirement Fund sold 4,875 shares as the company’s stock declined 10.86% with the market. The institutional investor held 725,797 shares of the major banks company at the end of 2018Q3, valued at $81.90M, down from 730,672 at the end of the previous reported quarter. Oregon Public Employees Retirement Fund who had been investing in Jpmorgan Chase Co for a number of months, seems to be less bullish one the $332.20B market cap company. The stock decreased 0.48% or $0.48 during the last trading session, reaching $99.91. About 15.44M shares traded. JPMorgan Chase & Co. (NYSE:JPM) has declined 3.12% since January 12, 2018 and is downtrending. It has underperformed by 3.12% the S&P500. Some Historical JPM News: 15/05/2018 – RingCentral Presenting at JPMorgan Conference Tomorrow; 08/05/2018 – MEDIA-Dimon lays out 100-year China vision with trade spat on horizon- Bloomberg; 16/04/2018 – URBAN OUTFITTERS INC URBN.O : JP MORGAN RAISES TARGET PRICE TO $46 FROM $43; RATING OVERWEIGHT; 22/05/2018 – Range Resources at J.P. Morgan Energy Equity Conference Jun 18; 23/05/2018 – MR PRICE SAYS JPMORGAN CHASE & CO INCREASED INTEREST TO 5.63%; 30/05/2018 – JPMorgan Emerging Economies Adds Antofagasta; 15/05/2018 – Fabrinet Presenting at JPMorgan Conference Tomorrow; 09/05/2018 – JPMorgan Stands by EM Debt as Dollar’s Rise Is No Reason to Sell; 04/04/2018 – FAMILY MEMBERS WERE SEEKING NO MORE THAN $90 MLN FROM JPMORGAN; 22/05/2018 – SRC Energy at J.P. Morgan Energy Equity Conference Jun 18

Investors sentiment decreased to 0.95 in 2018 Q3. Its down 0.04, from 0.99 in 2018Q2. It worsened, as 37 investors sold JPM shares while 755 reduced holdings. 124 funds opened positions while 628 raised stakes. 2.32 billion shares or 1.12% less from 2.34 billion shares in 2018Q2 were reported. Columbia Asset Mgmt accumulated 37,160 shares or 1.09% of the stock. 2,135 were accumulated by Navellier &. Brookmont Capital Management invested 3.39% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM). Founders Limited Liability Company accumulated 4,989 shares or 0.23% of the stock. Dock Street Asset Management reported 3,946 shares stake. Cohen Steers Inc invested in 0.06% or 178,076 shares. Nichols Pratt Advisers Limited Liability Partnership Ma holds 0.23% or 24,329 shares in its portfolio. Continental Advsr Limited Com reported 1.75% in JPMorgan Chase & Co. (NYSE:JPM). Bedrijfstakpensioenfonds Voor De Media Pno holds 3.29% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM) for 182,000 shares. Mengis Cap Mgmt reported 55,680 shares. Wedge Cap Management L Ltd Partnership Nc has invested 0.31% in JPMorgan Chase & Co. (NYSE:JPM). Wisconsin-based Sadoff Inv Management Ltd Liability Com has invested 0.05% in JPMorgan Chase & Co. (NYSE:JPM). Eubel Brady And Suttman Asset Mngmt has invested 0.12% in JPMorgan Chase & Co. (NYSE:JPM). Icon Advisers Communication accumulated 2.08% or 217,432 shares. Allen New York accumulated 30,000 shares.

More notable recent JPMorgan Chase & Co. (NYSE:JPM) news were published by: Seekingalpha.com which released: “The 5 Stocks On My Christmas List – JPMorgan, Altria, Walmart, New Residential And Western Digital – Seeking Alpha” on December 14, 2018, also Seekingalpha.com with their article: “Reuters: JPMorgan boosting bonus pool by 3% after strong 2018 – Seeking Alpha” published on January 10, 2019, Benzinga.com published: “Bristol-Myers, Costco, JPMorgan And XLU: ‘Fast Money’ Picks For December 14 – Benzinga” on December 14, 2018. More interesting news about JPMorgan Chase & Co. (NYSE:JPM) were released by: Bizjournals.com and their article: “JPMorgan Chase wants to branch out in Pittsburgh – Pittsburgh Business Times” published on January 08, 2019 as well as 247Wallst.com‘s news article titled: “Top Analyst Upgrades and Downgrades: Baidu, Chipotle, First Solar, Honeywell, JPMorgan, Maxar, Nokia, Nvidia, PG&A, SunPower, Xilinx and More – 24/7 Wall St.” with publication date: January 08, 2019.

Analysts await JPMorgan Chase & Co. (NYSE:JPM) to report earnings on January, 15 before the open. They expect $2.22 earnings per share, up 26.14% or $0.46 from last year’s $1.76 per share. JPM’s profit will be $7.38 billion for 11.25 P/E if the $2.22 EPS becomes a reality. After $2.34 actual earnings per share reported by JPMorgan Chase & Co. for the previous quarter, Wall Street now forecasts -5.13% negative EPS growth.

Among 34 analysts covering JPMorgan Chase & Co (NYSE:JPM), 18 have Buy rating, 2 Sell and 14 Hold. Therefore 53% are positive. JPMorgan Chase & Co had 127 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by RBC Capital Markets with “Buy” on Tuesday, September 26. The rating was maintained by Sandler O’Neill on Tuesday, January 16 with “Hold”. The stock has “Hold” rating by Keefe Bruyette & Woods on Tuesday, October 3. Bank of America maintained it with “Buy” rating and $9900 target in Sunday, July 16 report. The firm has “Buy” rating by Jefferies given on Tuesday, June 6. Robert W. Baird maintained the shares of JPM in report on Wednesday, September 20 with “Hold” rating. BMO Capital Markets maintained JPMorgan Chase & Co. (NYSE:JPM) on Thursday, April 14 with “Outperform” rating. The firm earned “Hold” rating on Friday, October 6 by BMO Capital Markets. The firm has “Overweight” rating by Atlantic Securities given on Friday, January 15. Vetr downgraded JPMorgan Chase & Co. (NYSE:JPM) on Friday, August 28 to “Strong-Buy” rating.

Oregon Public Employees Retirement Fund, which manages about $7.26B US Long portfolio, upped its stake in Nvidia Corp (NASDAQ:NVDA) by 2,270 shares to 244,778 shares, valued at $68.79 million in 2018Q3, according to the filing. It also increased its holding in Rio Tinto Plc by 46,805 shares in the quarter, for a total of 326,998 shares, and has risen its stake in Chemed Corp (NYSE:CHE).

Since July 23, 2018, it had 1 buying transaction, and 1 insider sale for $3.38 million activity. On Friday, October 19 the insider HOBSON MELLODY L bought $125,281.

Analysts await International Business Machines Corporation (NYSE:IBM) to report earnings on January, 17. They expect $4.85 EPS, down 6.37% or $0.33 from last year’s $5.18 per share. IBM’s profit will be $4.41 billion for 6.26 P/E if the $4.85 EPS becomes a reality. After $3.42 actual EPS reported by International Business Machines Corporation for the previous quarter, Wall Street now forecasts 41.81% EPS growth.

Beech Hill Advisors Inc, which manages about $252.81 million and $192.85 million US Long portfolio, upped its stake in At&T Inc (NYSE:T) by 17,319 shares to 147,399 shares, valued at $4.95 million in 2018Q3, according to the filing. It also increased its holding in Intel Corp (NASDAQ:INTC) by 8,750 shares in the quarter, for a total of 93,722 shares, and has risen its stake in General Mtrs Co (NYSE:GM).

Investors sentiment increased to 0.91 in 2018 Q3. Its up 0.01, from 0.9 in 2018Q2. It increased, as 65 investors sold IBM shares while 594 reduced holdings. 116 funds opened positions while 481 raised stakes. 492.69 million shares or 0.61% more from 489.70 million shares in 2018Q2 were reported. Ftb Advsr stated it has 20,485 shares. Clear Harbor Asset Mngmt Ltd invested 0.07% of its portfolio in International Business Machines Corporation (NYSE:IBM). Nj State Employees Deferred Compensation Plan holds 0.52% in International Business Machines Corporation (NYSE:IBM) or 20,000 shares. Credit Suisse Ag holds 0.28% or 2.10 million shares in its portfolio. Prudential Fincl Inc invested in 0.23% or 1.03 million shares. Glenview Bankshares Tru Dept accumulated 0.52% or 7,926 shares. Golub Gru Ltd Liability Corporation reported 10,894 shares or 0.14% of all its holdings. Amalgamated Savings Bank has 132,531 shares. Stoneridge Inv Limited Liability Company holds 54,940 shares or 1.77% of its portfolio. Private Cap, a New York-based fund reported 2,150 shares. Tiaa Cref Investment Mngmt Ltd accumulated 2.77 million shares. J Goldman And Com LP holds 0.38% or 36,136 shares in its portfolio. Pinnacle Assoc holds 0.27% or 87,258 shares. Fort Washington Advisors Inc Oh accumulated 555,127 shares. State Of Wisconsin Inv Board reported 1.01 million shares or 0.42% of all its holdings.

More notable recent International Business Machines Corporation (NYSE:IBM) news were published by: 247Wallst.com which released: “Top Analyst Upgrades and Downgrades: Best Buy, Emerson Electric, Genpact, IBM, Lululemon, Manchester United, Sherwin-Williams, SCANA and More – 24/7 Wall St.” on December 17, 2018, also Seekingalpha.com with their article: “Crash Protection Kicks In For IBM – Seeking Alpha” published on November 25, 2018, Seekingalpha.com published: “IBM About To Pummel The Bears – Seeking Alpha” on July 31, 2018. More interesting news about International Business Machines Corporation (NYSE:IBM) were released by: Investorplace.com and their article: “AMD Stock Just Keeps Giving Us More to Look Forward To – Investorplace.com” published on January 11, 2019 as well as Bizjournals.com‘s news article titled: “IBM cuts 310 jobs in Durham after sale – Triangle Business Journal” with publication date: January 11, 2019.

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. On Tuesday, October 18 the stock rating was maintained by Credit Suisse with “Underperform”. The stock of International Business Machines Corporation (NYSE:IBM) earned “Market Perform” rating by BMO Capital Markets on Wednesday, October 18. The firm earned “Hold” rating on Tuesday, April 19 by Cantor Fitzgerald. The stock of International Business Machines Corporation (NYSE:IBM) has “Sell” rating given on Thursday, June 22 by Jefferies. Barclays Capital initiated the shares of IBM in report on Wednesday, October 14 with “Underweight” rating. S&P Research maintained International Business Machines Corporation (NYSE:IBM) on Wednesday, October 21 with “Buy” rating. The stock has “Hold” rating by KeyBanc Capital Markets on Wednesday, July 19. The stock of International Business Machines Corporation (NYSE:IBM) has “Buy” rating given on Friday, March 9 by Morgan Stanley. The stock of International Business Machines Corporation (NYSE:IBM) earned “Overweight” rating by Morgan Stanley on Thursday, March 31. The rating was maintained by Stifel Nicolaus on Thursday, July 19 with “Buy”.

International Business Machines Corporation (NYSE:IBM) Institutional Positions Chart

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