Accredited Investors Trimmed International Business Machs (IBM) Position; First Of Long Island (FLIC) Has 1.74 Sentiment

May 27, 2018 - By George Granger

Accredited Investors Inc decreased International Business Machs (IBM) stake by 69.91% reported in 2017Q4 SEC filing. Accredited Investors Inc sold 8,081 shares as International Business Machs (IBM)’s stock declined 0.39%. The Accredited Investors Inc holds 3,478 shares with $534,000 value, down from 11,559 last quarter. International Business Machs now has $131.86B valuation. The stock decreased 0.30% or $0.43 during the last trading session, reaching $143.64. About 4.91 million shares traded or 4.13% up from the average. International Business Machines Corporation (NYSE:IBM) has declined 12.58% since May 27, 2017 and is downtrending. It has underperformed by 24.13% the S&P500.

First Of Long Island Corp (FLIC) investors sentiment increased to 1.74 in Q4 2017. It’s up 0.40, from 1.34 in 2017Q3. The ratio has improved, as 47 active investment managers increased and started new stock positions, while 27 reduced and sold their stakes in First Of Long Island Corp. The active investment managers in our database now possess: 12.98 million shares, up from 12.82 million shares in 2017Q3. Also, the number of active investment managers holding First Of Long Island Corp in top ten stock positions was flat from 0 to 0 for the same number . Sold All: 1 Reduced: 26 Increased: 40 New Position: 7.

Analysts await International Business Machines Corporation (NYSE:IBM) to report earnings on July, 17. They expect $3.03 EPS, up 2.02% or $0.06 from last year’s $2.97 per share. IBM’s profit will be $2.78B for 11.85 P/E if the $3.03 EPS becomes a reality. After $2.45 actual EPS reported by International Business Machines Corporation for the previous quarter, Wall Street now forecasts 23.67% EPS growth.

Investors sentiment increased to 1.03 in Q4 2017. Its up 0.29, from 0.74 in 2017Q3. It is positive, as 54 investors sold IBM shares while 604 reduced holdings. 156 funds opened positions while 519 raised stakes. 504.07 million shares or 2.90% less from 519.10 million shares in 2017Q3 were reported. Seabridge Investment Advsrs Limited Liability holds 2.87% of its portfolio in International Business Machines Corporation (NYSE:IBM) for 85,918 shares. Vaughan David Inc Il accumulated 174,768 shares or 1.24% of the stock. Trillium Asset Limited Liability Co reported 0.04% stake. Georgia-based Vident Advisory Ltd Llc has invested 0.06% in International Business Machines Corporation (NYSE:IBM). Marco Invest Ltd Co invested 0.34% of its portfolio in International Business Machines Corporation (NYSE:IBM). Baystate Wealth Mgmt Lc reported 4,290 shares. Crestwood Advisors Gp invested in 13,197 shares. Acg Wealth reported 3,122 shares stake. 1.46 million were reported by Prudential Public Ltd Com. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Management Corporation has invested 0.11% in International Business Machines Corporation (NYSE:IBM). 14,113 are owned by Jones Fin Lllp. Nebraska-based Farmers Merchants Investments has invested 0.06% in International Business Machines Corporation (NYSE:IBM). Beacon Mgmt reported 726 shares. Nikko Asset Americas Inc holds 1.31% or 336,600 shares in its portfolio. Fairview Capital Mgmt Llc holds 1,419 shares or 0.01% of its portfolio.

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 129 analyst reports since July 21, 2015 according to SRatingsIntel. The company was maintained on Tuesday, September 22 by Goldman Sachs. The rating was maintained by Morgan Stanley with “Buy” on Wednesday, August 23. The firm earned “Hold” rating on Friday, October 16 by Cantor Fitzgerald. The rating was maintained by UBS with “Neutral” on Wednesday, October 18. The firm has “Neutral” rating given on Friday, October 2 by JP Morgan. The firm has “Buy” rating by Stifel Nicolaus given on Wednesday, April 18. The rating was maintained by Credit Suisse with “Underperform” on Wednesday, October 12. The firm earned “Buy” rating on Wednesday, March 21 by Morgan Stanley. The firm has “Market Perform” rating given on Wednesday, April 12 by Bernstein. The rating was maintained by BMO Capital Markets on Friday, January 19 with “Hold”.

Since January 31, 2018, it had 1 buying transaction, and 2 insider sales for $2.69 million activity. The insider WADDELL FREDERICK H bought 610 shares worth $99,659. Gherson Diane J also sold $780,000 worth of International Business Machines Corporation (NYSE:IBM) shares. The insider Clementi Erich sold 13,000 shares worth $2.01M.

More notable recent International Business Machines Corporation (NYSE:IBM) news were published by: Seekingalpha.com which released: “IBM will hire 1800 in France” on May 23, 2018, also Seekingalpha.com with their article: “IBM: Hiking The Dividend Will Not Help” published on May 23, 2018, Seekingalpha.com published: “IBM And Its Deceiving Dividend” on May 07, 2018. More interesting news about International Business Machines Corporation (NYSE:IBM) were released by: Benzinga.com and their article: “IBM CTO Tom Eck Shares Startup Pitch Advice At Benzinga Global Fintech Awards” published on May 16, 2018 as well as Seekingalpha.com‘s news article titled: “Berkshire Hathaway drops IBM” with publication date: May 04, 2018.

Basswood Capital Management L.L.C. holds 1.55% of its portfolio in The First of Long Island Corporation for 1.17 million shares. Highlander Capital Management Llc owns 24,903 shares or 0.52% of their US portfolio. Moreover, United Asset Strategies Inc. has 0.47% invested in the company for 61,072 shares. The Illinois-based Banc Funds Co Llc has invested 0.44% in the stock. Morgan Dempsey Capital Management Llc, a Wisconsin-based fund reported 47,061 shares.

The stock decreased 0.20% or $0.05 during the last trading session, reaching $24.9. About 41,084 shares traded. The First of Long Island Corporation (FLIC) has risen 3.58% since May 27, 2017 and is uptrending. It has underperformed by 7.97% the S&P500.

More news for The First of Long Island Corporation (NASDAQ:FLIC) were recently published by: Nasdaq.com, which released: “Investor Expectations to Drive Momentum within The First of Long Island, Donegal Group, German American, QCR …” on May 24, 2018. Globenewswire.com‘s article titled: “The First of Long Island Corporation Announces 22.4% Increase in Net Income and 15.8% Increase in EPS for the First …” and published on April 30, 2018 is yet another important article.

The First of Long Island Corporation operates as the holding firm for The First National Bank of Long Island that provides financial services to privately owned businesses, professionals, consumers, public bodies, and other organizations. The company has market cap of $631.15 million. The Company’s deposit products include business and small business checking, personal checking products, savings accounts, negotiable order of withdrawal accounts and IOLA, escrow service accounts, rent security accounts, time deposits, holiday club accounts, and individual retirement accounts, as well as personal and non-personal money market and savings products. It has a 17.41 P/E ratio. The companyÂ’s loan portfolio comprises commercial and industrial loans, small business credit scored loans, residential and commercial mortgage loans, home equity lines of credit, construction loans, and commercial and standby letters of credit, as well as auto, home improvement, and other consumer loans.

Since January 1, 0001, it had 0 insider buys, and 4 sales for $279,332 activity.

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

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