Acadian Asset Management Has Cut Its Css Inds (CSS) Stake; Lowe Brockenbrough & Company Lifted By $2.52 Million Its International Business Machs C (IBM) Position

September 11, 2017 - By Stephen Andrade

Acadian Asset Management Llc decreased Css Inds Inc (CSS) stake by 47.11% reported in 2016Q4 SEC filing. Acadian Asset Management Llc sold 34,706 shares as Css Inds Inc (CSS)’s stock declined 2.61%. The Acadian Asset Management Llc holds 38,971 shares with $1.06M value, down from 73,677 last quarter. Css Inds Inc now has $249.64 million valuation. The stock increased 2.04% or $0.55 on September 8, reaching $27.45. About shares traded. CSS Industries Inc (NYSE:CSS) has declined 5.69% since September 11, 2016 and is downtrending. It has underperformed by 22.39% the S&P500.

Lowe Brockenbrough & Company Inc increased International Business Machs C (IBM) stake by 61.44% reported in 2016Q4 SEC filing. Lowe Brockenbrough & Company Inc acquired 15,287 shares as International Business Machs C (IBM)’s stock declined 15.88%. The Lowe Brockenbrough & Company Inc holds 40,168 shares with $6.67 million value, up from 24,881 last quarter. International Business Machs C now has $132.75 billion valuation. The stock decreased 0.25% or $0.36 on September 8, reaching $142.45. About shares traded. International Business Machines Corp. (NYSE:IBM) has risen 4.86% since September 11, 2016 and is uptrending. It has underperformed by 11.84% the S&P500.

Since May 16, 2017, it had 1 insider purchase, and 0 selling transactions for $263,180 activity. 1,718 shares valued at $263,180 were bought by OWENS JAMES W on Tuesday, May 16.

Among 29 analysts covering International Business Machines (NYSE:IBM), 8 have Buy rating, 5 Sell and 16 Hold. Therefore 28% are positive. International Business Machines had 97 analyst reports since July 21, 2015 according to SRatingsIntel. Berenberg initiated it with “Sell” rating and $140 target in Tuesday, April 4 report. The stock has “Hold” rating by RBC Capital Markets on Tuesday, July 11. The rating was initiated by Oppenheimer with “Perform” on Tuesday, August 16. The stock has “Buy” rating by Drexel Hamilton on Tuesday, April 19. RBC Capital Markets maintained International Business Machines Corp. (NYSE:IBM) on Monday, October 5 with “Sector Perform” rating. The rating was maintained by RBC Capital Markets with “Sector Perform” on Monday, January 18. Credit Suisse maintained the shares of IBM in report on Tuesday, July 19 with “Underperform” rating. The stock has “Hold” rating by BMO Capital Markets on Wednesday, August 30. As per Friday, January 8, the company rating was maintained by Stifel Nicolaus. The rating was maintained by Barclays Capital with “Underweight” on Tuesday, July 19.

Investors sentiment decreased to 0.72 in Q4 2016. Its down 0.25, from 0.97 in 2016Q3. It fall, as 83 investors sold IBM shares while 629 reduced holdings. 113 funds opened positions while 533 raised stakes. 547.10 million shares or 2.12% more from 535.77 million shares in 2016Q3 were reported. Blackrock Institutional Na reported 0.59% of its portfolio in International Business Machines Corp. (NYSE:IBM). Atlantic Group Ltd Liability accumulated 0.16% or 143,152 shares. Concert Wealth Mngmt holds 10,921 shares. Mackenzie Financial owns 0.59% invested in International Business Machines Corp. (NYSE:IBM) for 598,307 shares. Charter Trust, New Hampshire-based fund reported 178,497 shares. Jones Financial Cos Lllp accumulated 0.03% or 57,253 shares. Stephens Inc Ar reported 0.32% stake. Da Davidson accumulated 199,034 shares or 0.75% of the stock. Regent Investment Mngmt Llc has invested 0.17% in International Business Machines Corp. (NYSE:IBM). 5,568 are held by Oxbow Advsr Ltd Com. Middleton Ma reported 0.34% in International Business Machines Corp. (NYSE:IBM). 72,540 are held by Denali Advsr Limited Liability Com. Sii Wi reported 24,733 shares or 0.31% of all its holdings. The Ohio-based Victory Management Inc has invested 0.02% in International Business Machines Corp. (NYSE:IBM). Blackrock Fund Advsr has invested 0.45% of its portfolio in International Business Machines Corp. (NYSE:IBM).

Lowe Brockenbrough & Company Inc decreased Amgen Inc Com (NASDAQ:AMGN) stake by 13,655 shares to 29,043 valued at $4.25 million in 2016Q4. It also reduced Exxon Mobil Corp Com (NYSE:XOM) stake by 4,934 shares and now owns 307,135 shares. Royal Caribbean Cruises Ltd Co (NYSE:RCL) was reduced too.

Since June 12, 2017, it had 1 insider purchase, and 0 insider sales for $27,920 activity. Mullany Harry J. III bought 1,000 shares worth $27,920.

Investors sentiment increased to 2.44 in 2016 Q4. Its up 1.33, from 1.11 in 2016Q3. It improved, as 3 investors sold CSS shares while 25 reduced holdings. 9 funds opened positions while 22 raised stakes. 7.30 million shares or 1.23% more from 7.22 million shares in 2016Q3 were reported. Blackrock Investment Mngmt Limited Liability Corp stated it has 0% in CSS Industries Inc (NYSE:CSS). Bank Of America Corp De owns 4,264 shares. State Street Corp holds 221,107 shares or 0% of its portfolio. Blackrock Fund Advsr owns 282,300 shares for 0% of their portfolio. Walthausen And Limited Liability Company has 276,759 shares. 14,676 were reported by Rhumbline Advisers. Barclays Public Limited Co holds 0% or 206 shares. Tower Research Lc (Trc) reported 737 shares stake. Next Gp Incorporated reported 500 shares. Kennedy Mngmt Inc has invested 0.02% in CSS Industries Inc (NYSE:CSS). Switzerland-based Credit Suisse Ag has invested 0% in CSS Industries Inc (NYSE:CSS). Blackrock Advisors Ltd holds 4,733 shares or 0% of its portfolio. Manufacturers Life Ins The reported 1,785 shares. Swiss State Bank holds 14,500 shares or 0% of its portfolio. Blackrock accumulated 2,864 shares.

Acadian Asset Management Llc increased First Bancorp N C (NASDAQ:FBNC) stake by 12,489 shares to 12,736 valued at $346,000 in 2016Q4. It also upped International Game Technolog stake by 5.31M shares and now owns 7.92M shares. Teradyne Inc (NYSE:TER) was raised too.