Jolley Asset Management Has Cut Its International Business Machine (IBM) Stake; The Sage Group plc (LON:SGE) Had 9 Bullish Analysts

December 8, 2017 - By Migdalia James

Among 20 analysts covering Sage Group The PLC (LON:SGE), 9 have Buy rating, 6 Sell and 5 Hold. Therefore 45% are positive. Sage Group The PLC had 171 analyst reports since July 22, 2015 according to SRatingsIntel. The stock of The Sage Group plc (LON:SGE) has “Sell” rating given on Wednesday, November 30 by Bryan Garnier & Cie. Barclays Capital upgraded The Sage Group plc (LON:SGE) on Thursday, September 14 to “Equal Weight” rating. The rating was maintained by Investec on Wednesday, July 22 with “Hold”. The stock of The Sage Group plc (LON:SGE) earned “Add” rating by Numis Securities on Wednesday, January 27. Credit Suisse maintained The Sage Group plc (LON:SGE) on Thursday, May 4 with “Underperform” rating. The rating was maintained by UBS with “Sell” on Tuesday, December 6. Societe Generale maintained it with “Sell” rating and GBX 465 target in Thursday, January 28 report. The firm has “Buy” rating by Citigroup given on Monday, March 21. The rating was maintained by Barclays Capital with “Underweight” on Tuesday, April 11. The company was maintained on Friday, September 23 by UBS. See The Sage Group plc (LON:SGE) latest ratings:

23/11/2017 Broker: Canaccord Genuity Rating: Sell Old Target: GBX 585.00 New Target: GBX 636.00 Reiteration
23/11/2017 Broker: Numis Securities Rating: Add Old Target: GBX 813.00 New Target: GBX 861.00 Maintain
23/11/2017 Broker: Credit Suisse Rating: Neutral Old Target: GBX 700.00 New Target: GBX 790.00 Maintain
23/11/2017 Broker: Societe Generale Rating: Sell Old Target: GBX 565.00 New Target: GBX 643.00 Maintain
23/11/2017 Broker: Bryan Garnier & Cie Rating: Buy Old Target: GBX 830.00 New Target: GBX 860.00 Maintain
23/11/2017 Broker: Barclays Capital Rating: Equal Weight Maintain
23/11/2017 Broker: Deutsche Bank Rating: Hold Old Target: GBX 740.00 New Target: GBX 740.00 Maintain
20/11/2017 Broker: Jefferies Rating: Buy Old Target: GBX 770.00 New Target: GBX 880.00 Maintain
17/11/2017 Broker: Deutsche Bank Rating: Hold Old Target: GBX 700.00 New Target: GBX 740.00 Maintain
16/11/2017 Broker: Goldman Sachs Rating: Buy Old Target: GBX 850.00 New Target: GBX 850.00 Maintain

Jolley Asset Management Llc decreased International Business Machine (IBM) stake by 11.2% reported in 2017Q2 SEC filing. Jolley Asset Management Llc sold 2,678 shares as International Business Machine (IBM)’s stock declined 15.88%. The Jolley Asset Management Llc holds 21,231 shares with $3.27 million value, down from 23,909 last quarter. International Business Machine now has $143.32B valuation. The stock increased 0.81% or $1.24 during the last trading session, reaching $154.81. About 2.69 million shares traded. International Business Machines Corporation (NYSE:IBM) has risen 4.86% since December 8, 2016 and is uptrending. It has underperformed by 11.84% the S&P500.

The stock increased 1.25% or GBX 9.5 during the last trading session, reaching GBX 768. About 2.96M shares traded or 16.36% up from the average. The Sage Group plc (LON:SGE) has 0.00% since December 8, 2016 and is . It has underperformed by 16.70% the S&P500.

The Sage Group plc engages in the development and distribution of business management software and related services and products for small and medium sized businesses. The company has market cap of 8.30 billion GBP. It offers software and services for accounting and payroll, enterprise resource planning, customer relationship management, and payments. It has a 27.73 P/E ratio. The firm serves business owners, book keepers, and finance directors.

Among 31 analysts covering International Business Machines (NYSE:IBM), 10 have Buy rating, 5 Sell and 16 Hold. Therefore 32% are positive. International Business Machines had 111 analyst reports since July 21, 2015 according to SRatingsIntel. The company was maintained on Thursday, March 31 by Morgan Stanley. RBC Capital Markets maintained the stock with “Hold” rating in Monday, November 13 report. The rating was maintained by UBS with “Neutral” on Wednesday, October 18. On Tuesday, July 19 the stock rating was maintained by Goldman Sachs with “Neutral”. The firm earned “Neutral” rating on Tuesday, July 19 by Citigroup. As per Friday, July 14, the company rating was maintained by Drexel Hamilton. The rating was maintained by Stifel Nicolaus on Thursday, January 12 with “Buy”. The stock of International Business Machines Corporation (NYSE:IBM) has “Buy” rating given on Wednesday, August 26 by Argus Research. The stock has “Buy” rating by S&P Research on Thursday, August 27. The firm earned “Market Perform” rating on Tuesday, April 19 by Bernstein.

Investors sentiment decreased to 0.72 in Q2 2017. Its down 0.25, from 0.97 in 2017Q1. It is negative, as 100 investors sold IBM shares while 695 reduced holdings. 91 funds opened positions while 484 raised stakes. 530.91 million shares or 0.81% less from 535.24 million shares in 2017Q1 were reported. Canal Ins Com has 83,000 shares. Northwestern Mutual Wealth Company holds 0.06% in International Business Machines Corporation (NYSE:IBM) or 51,153 shares. Marco Investment Management Lc reported 15,049 shares. Bluefin Trading Ltd Liability Corp stated it has 3,643 shares. Barrett Asset Limited Liability Co accumulated 19,407 shares. Highlander Capital Llc stated it has 900 shares. Ohio-based Fifth Third Bankshares has invested 0.32% in International Business Machines Corporation (NYSE:IBM). Credit Suisse Ag owns 1.70 million shares. State Teachers Retirement holds 1.48 million shares or 0.58% of its portfolio. Westpac holds 0% or 65,581 shares in its portfolio. Leavell Mngmt Incorporated has invested 0.22% of its portfolio in International Business Machines Corporation (NYSE:IBM). Weaver C Barksdale And holds 1.4% or 7,817 shares. State Of New Jersey Common Pension Fund D holds 0.46% or 728,800 shares. Banced Corporation, Illinois-based fund reported 1,600 shares. Maryland Cap Management stated it has 4,952 shares.

Analysts await International Business Machines Corporation (NYSE:IBM) to report earnings on January, 18. They expect $5.17 earnings per share, up 3.19% or $0.16 from last year’s $5.01 per share. IBM’s profit will be $4.79B for 7.49 P/E if the $5.17 EPS becomes a reality. After $3.30 actual earnings per share reported by International Business Machines Corporation for the previous quarter, Wall Street now forecasts 56.67% EPS growth.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:


Twitter Auto Publish Powered By : XYZScripts.com