Balasa Dinverno & Foltz Boosted Its Gamestop Corp. (GME) Holding by $398,420; Toth Financial Advisory Trimmed Its Position in International Business Machine (IBM) as Stock Price Declined

February 20, 2018 - By Nellie Frank

Balasa Dinverno & Foltz Llc increased its stake in Gamestop Corp. (GME) by 112.12% based on its latest 2017Q3 regulatory filing with the SEC. Balasa Dinverno & Foltz Llc bought 19,921 shares as the company’s stock declined 5.28% while stock markets rallied. The institutional investor held 37,689 shares of the electronics distribution company at the end of 2017Q3, valued at $779,000, up from 17,768 at the end of the previous reported quarter. Balasa Dinverno & Foltz Llc who had been investing in Gamestop Corp. for a number of months, seems to be bullish on the $1.63B market cap company. The stock decreased 1.95% or $0.32 during the last trading session, reaching $16.08. About 858,969 shares traded. GameStop Corp. (NYSE:GME) has declined 15.17% since February 20, 2017 and is downtrending. It has underperformed by 31.87% the S&P500.

Toth Financial Advisory Corp decreased its stake in International Business Machine (IBM) by 17.05% based on its latest 2017Q3 regulatory filing with the SEC. Toth Financial Advisory Corp sold 2,555 shares as the company’s stock declined 15.88% while stock markets rallied. The institutional investor held 12,433 shares of the computer manufacturing company at the end of 2017Q3, valued at $1.80 million, down from 14,988 at the end of the previous reported quarter. Toth Financial Advisory Corp who had been investing in International Business Machine for a number of months, seems to be less bullish one the $143.62 billion market cap company. The stock decreased 0.67% or $1.05 during the last trading session, reaching $155.13. About 1.72 million shares traded. International Business Machines Corporation (NYSE:IBM) has risen 4.86% since February 20, 2017 and is uptrending. It has underperformed by 11.84% the S&P500.

Investors sentiment decreased to 1.07 in Q3 2017. Its down 0.11, from 1.18 in 2017Q2. It worsened, as 37 investors sold GME shares while 83 reduced holdings. 35 funds opened positions while 93 raised stakes. 100.21 million shares or 1.31% less from 101.54 million shares in 2017Q2 were reported. Bluemountain Mngmt Limited Liability Company accumulated 0.01% or 16,730 shares. Transamerica Fin Advsr Inc invested in 5 shares. Northwestern Mutual Wealth Mgmt Com holds 232 shares or 0% of its portfolio. Citigroup Incorporated invested in 0% or 186,771 shares. Principal Group accumulated 433,756 shares or 0.01% of the stock. Commonwealth Of Pennsylvania Pub School Empls Retrmt Sys, Pennsylvania-based fund reported 14,772 shares. Towle & owns 1.49 million shares. S&T Financial Bank Pa accumulated 550,720 shares or 2.03% of the stock. State Street has invested 0.01% in GameStop Corp. (NYSE:GME). Parkside Commercial Bank & Tru reported 0% in GameStop Corp. (NYSE:GME). Tci Wealth Advsrs reported 20 shares or 0% of all its holdings. 11,000 are held by Employees Retirement Sys Of Texas. Deutsche Commercial Bank Ag has 347,615 shares for 0% of their portfolio. Denali Advsr Llc has invested 0.35% in GameStop Corp. (NYSE:GME). Dekabank Deutsche Girozentrale, a Germany-based fund reported 208,136 shares.

Among 20 analysts covering GameStop Corp. (NYSE:GME), 11 have Buy rating, 1 Sell and 8 Hold. Therefore 55% are positive. GameStop Corp. had 74 analyst reports since August 6, 2015 according to SRatingsIntel. The stock of GameStop Corp. (NYSE:GME) has “Buy” rating given on Wednesday, August 26 by Robert W. Baird. The firm has “Outperform” rating by Robert W. Baird given on Friday, August 26. The firm has “Buy” rating by Robert W. Baird given on Wednesday, August 23. The firm earned “Buy” rating on Monday, October 16 by SunTrust. Zacks upgraded the stock to “Hold” rating in Monday, August 17 report. The company was downgraded on Tuesday, November 24 by Bank of America. The stock of GameStop Corp. (NYSE:GME) has “Market Perform” rating given on Friday, March 24 by Telsey Advisory Group. Benchmark maintained GameStop Corp. (NYSE:GME) rating on Friday, May 27. Benchmark has “Sell” rating and $24.99 target. The stock of GameStop Corp. (NYSE:GME) has “Outperform” rating given on Thursday, May 11 by Telsey Advisory Group. The firm has “Buy” rating given on Wednesday, April 19 by Mizuho.

Balasa Dinverno & Foltz Llc, which manages about $2.77 billion and $640.65M US Long portfolio, decreased its stake in Vanguard Large Cap Growth Etf (VUG) by 3,622 shares to 5,120 shares, valued at $680,000 in 2017Q3, according to the filing. It also reduced its holding in Ishares Russell 1000 Value (IWD) by 7,088 shares in the quarter, leaving it with 605,601 shares, and cut its stake in Vanguard Large Cap Value Etf (VTV).

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 123 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was initiated by Berenberg on Tuesday, April 4 with “Sell”. The stock of International Business Machines Corporation (NYSE:IBM) earned “Sell” rating by Jefferies on Thursday, June 22. RBC Capital Markets maintained the stock with “Hold” rating in Thursday, August 31 report. Stifel Nicolaus maintained International Business Machines Corporation (NYSE:IBM) rating on Thursday, October 5. Stifel Nicolaus has “Buy” rating and $182.0 target. The firm earned “Hold” rating on Friday, October 16 by Cantor Fitzgerald. As per Wednesday, April 26, the company rating was maintained by Wells Fargo. The stock has “Overweight” rating by Morgan Stanley on Thursday, March 31. The stock of International Business Machines Corporation (NYSE:IBM) earned “Hold” rating by Guggenheim on Thursday, July 13. The stock of International Business Machines Corporation (NYSE:IBM) has “Sell” rating given on Wednesday, April 19 by Societe Generale. The firm has “Neutral” rating given on Tuesday, July 19 by Goldman Sachs.

Since January 31, 2018, it had 1 insider buy, and 0 sales for $99,659 activity.

Toth Financial Advisory Corp, which manages about $319.42 million and $396.12 million US Long portfolio, upped its stake in Innoviva Inc. by 26,450 shares to 68,395 shares, valued at $966,000 in 2017Q3, according to the filing. It also increased its holding in Wal (NYSE:WMT) by 4,009 shares in the quarter, for a total of 45,644 shares, and has risen its stake in S&P Bank (Spdr) (KBE).

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:


Recent Posts