Pinnacle Holdings Decreased Stake in Ibm (IBM) as Market Va…


Trinseo S.A. (NYSE:TSE) Logo

Pinnacle Holdings Llc decreased its stake in Ibm (IBM) by 0.31% based on its latest 2018Q3 regulatory filing with the SEC. Pinnacle Holdings Llc sold 59 shares as the company’s stock declined 16.83% with the market. The hedge fund held 19,160 shares of the computer manufacturing company at the end of 2018Q3, valued at $2.90B, down from 19,219 at the end of the previous reported quarter. Pinnacle Holdings Llc who had been investing in Ibm for a number of months, seems to be less bullish one the $121.12 billion market cap company. The stock increased 8.77% or $10.75 during the last trading session, reaching $133.27. About 19.55 million shares traded or 189.62% up from the average. International Business Machines Corporation (NYSE:IBM) has declined 21.12% since January 23, 2018 and is downtrending. It has underperformed by 21.12% the S&P500. Some Historical IBM News: 17/04/2018 – FORTINET INC – COLLABORATED WITH IBM ON NEW IBM X-FORCE THREAT MANAGEMENT SERVICES; 25/04/2018 – Techedge picks Banca Imi, Intermonte and NCTM for STAR IPO; 27/03/2018 – Direct Access to IBM Cloud Services Now Available at Interxion Data Centres Across Europe via Cloud Connect; 18/04/2018 – Markets Now: Dow Gains 20 Points as IBM Caps Upside — Barron’s Blog; 17/04/2018 – IBM 1Q Systems Rev $1.5B; 19/03/2018 – Radiant Logic Highlights RadiantOne Federated Identity Platform at IBM Think; 23/03/2018 – Techedge considers new acquisitions following NIMBL takeover, plans Milan IPO – CEO; 16/03/2018 – IBM – UNVEILED A NEW DATA SCIENCE AND MACHINE LEARNING PLATFORM; 20/03/2018 – Apple Rumors Feed: Apple IBM combine Watson and Core ML for the smartest ever mobile apps (Ben Lovejoy/9 to 5 Mac); 09/03/2018 – IBM Closes Above 50-Day Moving Average: Technicals

Meeder Asset Management Inc decreased its stake in Trinseo Sa (TSE) by 20.08% based on its latest 2018Q3 regulatory filing with the SEC. Meeder Asset Management Inc sold 4,245 shares as the company’s stock declined 36.95% with the market. The institutional investor held 16,900 shares of the major chemicals company at the end of 2018Q3, valued at $1.32 million, down from 21,145 at the end of the previous reported quarter. Meeder Asset Management Inc who had been investing in Trinseo Sa for a number of months, seems to be less bullish one the $1.89B market cap company. The stock decreased 8.21% or $4 during the last trading session, reaching $44.72. About 1.37M shares traded or 182.80% up from the average. Trinseo S.A. (NYSE:TSE) has declined 33.00% since January 23, 2018 and is downtrending. It has underperformed by 33.00% the S&P500. Some Historical TSE News: 02/05/2018 – Correct: Trinseo Sees 2Q Net $93M-Net $101M; 19/04/2018 – DJ Trinseo SA, Inst Holders, 1Q 2018 (TSE); 02/05/2018 – TRINSEO 1Q ADJ EPS $2.76, EST. $2.60; 02/05/2018 – Trinseo 1Q Adj EPS $2.76; 15/05/2018 – Millennium Management Buys New 1.8% Position in Trinseo; 24/04/2018 – Trinseo Closes Below 50-Day Moving Average: Technicals; 02/05/2018 – Trinseo Sees 2Q EPS $2.10-EPS $2.28; 02/05/2018 – TRINSEO SEES 2Q ADJ EPS $2.10 TO $2.28, EST. $2.18; 26/04/2018 – Trinseo Presenting at Wells Fargo Industrials Conference May 9; 02/05/2018 – Trinseo 1Q EPS $2.71

More notable recent Trinseo S.A. (NYSE:TSE) news were published by: Seekingalpha.com which released: “Goldman bullish on Insmed in premarket analyst action – Seeking Alpha” on January 17, 2019, also Benzinga.com with their article: “40 Stocks Moving In Wednesday’s Mid-Day Session – Benzinga” published on January 23, 2019, Midasletter.com published: “Aurora Cannabis Inc (TSE:ACB | NYSE:ACB) CCO Cam Battley Discusses Convertible Debenture; Dilution Unlikely – Midas Letter” on January 18, 2019. More interesting news about Trinseo S.A. (NYSE:TSE) were released by: Midasletter.com and their article: “Market Reacts Forcefully To Aurora Cannabis Inc (TSE:ACB) $250M Note Offering – Midas Letter” published on January 18, 2019 as well as Nasdaq.com‘s news article titled: “Detailed Research: Economic Perspectives on Air Lease, AMN Healthcare Services, Trinseo SA, Ashland Global, DENTSPLY SIRONA, and Overseas Shipholding Group — What Drives Growth in Today’s Competitive Landscape – Nasdaq” with publication date: January 08, 2019.

Among 6 analysts covering Trinseo (NYSE:TSE), 3 have Buy rating, 0 Sell and 3 Hold. Therefore 50% are positive. Trinseo had 34 analyst reports since August 6, 2015 according to SRatingsIntel. Citigroup maintained it with “Neutral” rating and $70 target in Wednesday, July 12 report. The stock of Trinseo S.A. (NYSE:TSE) has “Buy” rating given on Monday, December 11 by Alembic. The firm earned “Buy” rating on Thursday, August 6 by Zacks. The rating was maintained by Barclays Capital with “Equal-Weight” on Monday, February 26. The firm has “Buy” rating given on Friday, March 31 by Jefferies. The stock has “Buy” rating by Alembic on Wednesday, August 2. As per Friday, December 7, the company rating was downgraded by Jefferies. The stock of Trinseo S.A. (NYSE:TSE) has “Buy” rating given on Wednesday, January 17 by Wells Fargo. The firm has “Equal-Weight” rating by Barclays Capital given on Friday, August 4. As per Tuesday, November 7, the company rating was maintained by Barclays Capital.

Meeder Asset Management Inc, which manages about $3.85B and $1.33 billion US Long portfolio, upped its stake in Gilead Sciences Inc (NASDAQ:GILD) by 5,841 shares to 100,070 shares, valued at $7.73M in 2018Q3, according to the filing. It also increased its holding in Target Corp (NYSE:TGT) by 17,784 shares in the quarter, for a total of 74,066 shares, and has risen its stake in Suntrust Banks Inc (NYSE:STI).

Analysts await Trinseo S.A. (NYSE:TSE) to report earnings on February, 18. They expect $1.31 EPS, down 38.79% or $0.83 from last year’s $2.14 per share. TSE’s profit will be $55.45M for 8.53 P/E if the $1.31 EPS becomes a reality. After $1.83 actual EPS reported by Trinseo S.A. for the previous quarter, Wall Street now forecasts -28.42% negative EPS growth.

Since August 3, 2018, it had 5 insider buys, and 1 insider sale for $426,695 activity. $495,846 worth of International Business Machines Corporation (NYSE:IBM) was bought by TAUREL SIDNEY on Wednesday, October 31. The insider Swedish Joseph bought $232,838. OWENS JAMES W bought $114,673 worth of stock or 1,000 shares. $998,835 worth of International Business Machines Corporation (NYSE:IBM) was bought by Rometty Virginia M on Friday, November 2. WADDELL FREDERICK H had bought 2,153 shares worth $249,722.

More notable recent International Business Machines Corporation (NYSE:IBM) news were published by: Fool.com which released: “2 Dividend Stocks I’d Buy Right Now – The Motley Fool” on January 19, 2019, also Seekingalpha.com with their article: “IBM: Stay Calm, Stay Long – Seeking Alpha” published on January 17, 2019, Benzinga.com published: “International Business Machines Corporation (NYSE:IBM) – “Deep Data” To Become The Greatest Natural Resource, Tech Execs Say – Benzinga” on January 08, 2019. More interesting news about International Business Machines Corporation (NYSE:IBM) were released by: Fool.com and their article: “Why IBM Stock Fell 26% in 2018 – The Motley Fool” published on January 10, 2019 as well as Benzinga.com‘s news article titled: “28 Stocks Moving In Wednesday’s Pre-Market Session – Benzinga” with publication date: January 23, 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. The stock of International Business Machines Corporation (NYSE:IBM) has “Hold” rating given on Thursday, October 18 by Argus Research. The firm has “Neutral” rating given on Wednesday, October 21 by Citigroup. UBS maintained it with “Hold” rating and $15900 target in Wednesday, July 19 report. The company was maintained on Monday, November 26 by RBC Capital Markets. As per Monday, January 18, the company rating was maintained by RBC Capital Markets. RBC Capital Markets maintained the stock with “Hold” rating in Tuesday, July 11 report. The stock of International Business Machines Corporation (NYSE:IBM) has “Underweight” rating given on Tuesday, July 19 by Barclays Capital. BMO Capital Markets maintained it with “Hold” rating and $167.0 target in Wednesday, August 30 report. The stock has “Buy” rating by Drexel Hamilton on Tuesday, April 19. BMO Capital Markets maintained International Business Machines Corporation (NYSE:IBM) rating on Sunday, November 26. BMO Capital Markets has “Hold” rating and $170.0 target.

Pinnacle Holdings Llc, which manages about $720.48M and $289.60 billion US Long portfolio, upped its stake in Contura Energy by 13,845 shares to 24,245 shares, valued at $1.92 billion in 2018Q3, according to the filing. It also increased its holding in Williams Companies (NYSE:WMB) by 138,883 shares in the quarter, for a total of 220,995 shares, and has risen its stake in Citigroup (NYSE:C).

Investors sentiment increased to 0.91 in Q3 2018. Its up 0.01, from 0.9 in 2018Q2. It improved, 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. Retirement Systems Of Alabama accumulated 0.36% or 505,443 shares. Fcg Limited Com invested in 0.16% or 3,034 shares. Perigon Wealth Mngmt Limited Liability Company reported 0.09% stake. Fairpointe Ltd Limited Liability Company reported 2,450 shares. Ntv Asset Limited Liability holds 16,855 shares or 0.69% of its portfolio. Middleton & Inc Ma holds 0.08% or 3,564 shares. Cobblestone Capital Ltd Limited Liability Company has invested 0.1% in International Business Machines Corporation (NYSE:IBM). Mountain Pacific Advisers Id holds 0.04% of its portfolio in International Business Machines Corporation (NYSE:IBM) for 2,675 shares. Founders Secs Ltd Com has 0.3% invested in International Business Machines Corporation (NYSE:IBM) for 6,982 shares. Norman Fields Gottscho Cap reported 7,855 shares or 0.59% of all its holdings. Mitsubishi Ufj Securities Holdg owns 270 shares for 0.13% of their portfolio. Asset Mgmt Advsr Limited Liability Corporation accumulated 5.01% or 42,352 shares. Moreover, Roundview Cap Ltd Liability has 0.34% invested in International Business Machines Corporation (NYSE:IBM) for 9,101 shares. Synovus Corporation holds 0.17% in International Business Machines Corporation (NYSE:IBM) or 72,019 shares. Connors Investor Incorporated reported 0.04% stake.

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

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