SAP SE (SAP) At $111.72 Forms Top; Rodgers Brothers Has Raised By $2.39 Million Its International Business Machine (IBM) Position

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Rodgers Brothers Inc increased International Business Machine (IBM) stake by 134.58% reported in 2017Q4 SEC filing. Rodgers Brothers Inc acquired 15,646 shares as International Business Machine (IBM)’s stock declined 0.39%. The Rodgers Brothers Inc holds 27,272 shares with $4.18 million value, up from 11,626 last quarter. International Business Machine now has $133.11 billion valuation. The stock increased 0.03% or $0.04 during the last trading session, reaching $145. About 4.43M shares traded. International Business Machines Corporation (NYSE:IBM) has declined 12.58% since May 2, 2017 and is downtrending. It has underperformed by 24.13% the S&P500.

SAP SE (SAP) formed multiple top with $120.66 target or 8.00% above today’s $111.72 share price. SAP SE (SAP) has $133.57 billion valuation. The stock increased 0.80% or $0.89 during the last trading session, reaching $111.72. About 896,481 shares traded. SAP SE (NYSE:SAP) has risen 5.83% since May 2, 2017 and is uptrending. It has underperformed by 5.72% the S&P500.

Investors sentiment increased to 1.03 in 2017 Q4. Its up 0.29, from 0.74 in 2017Q3. It increased, 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. Utd Advisers Limited Liability invested 0.36% in International Business Machines Corporation (NYSE:IBM). Wealthcare Capital Lc reported 428 shares. Cornerstone Advisors holds 0.17% or 1,646 shares. Bnp Paribas Asset Management Holdings reported 156,457 shares. Founders Capital Mngmt Ltd Liability Corporation reported 7,953 shares stake. Brown Brothers Harriman & Communication invested in 126,228 shares. Moreover, Smith Salley Assocs has 0.43% invested in International Business Machines Corporation (NYSE:IBM). Janney Montgomery Scott Ltd Liability invested in 258,312 shares or 0.41% of the stock. Farmers Comml Bank stated it has 4,172 shares or 1.04% of all its holdings. Pnc Svcs accumulated 2.20 million shares or 0.33% of the stock. Peapack Gladstone Financial Corporation stated it has 0.8% in International Business Machines Corporation (NYSE:IBM). Welch And Forbes Limited Co reported 107,357 shares stake. Hudock Cap Grp Limited Liability Corp holds 0.69% or 10,358 shares in its portfolio. Tortoise Mngmt has invested 0.19% in International Business Machines Corporation (NYSE:IBM). Raymond James Trust Na holds 43,789 shares or 0.45% of its portfolio.

Rodgers Brothers Inc decreased Cubic Corp (NYSE:CUB) stake by 6,850 shares to 40,425 valued at $2.38M in 2017Q4. It also reduced Halyard Health Inc stake by 15,087 shares and now owns 13,542 shares. Schmitt Industries Inc (NASDAQ:SMIT) was reduced too.

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 stock has “Buy” rating by Argus Research on Friday, July 21. Bank of America maintained International Business Machines Corporation (NYSE:IBM) rating on Thursday, January 18. Bank of America has “Buy” rating and $200.0 target. The stock of International Business Machines Corporation (NYSE:IBM) earned “Buy” rating by S&P Research on Thursday, August 27. The stock of International Business Machines Corporation (NYSE:IBM) earned “Market Perform” rating by Bernstein on Wednesday, April 12. As per Tuesday, July 19, the company rating was maintained by Credit Suisse. The stock of International Business Machines Corporation (NYSE:IBM) earned “Buy” rating by Drexel Hamilton on Friday, July 14. The firm has “Buy” rating by RBC Capital Markets given on Friday, January 19. The company was maintained on Wednesday, July 19 by Bank of America. Barclays Capital maintained International Business Machines Corporation (NYSE:IBM) rating on Wednesday, October 18. Barclays Capital has “Underweight” rating and $133 target. On Wednesday, July 19 the stock rating was maintained by UBS with “Hold”.

Since January 31, 2018, it had 1 insider purchase, and 2 sales for $2.69 million activity. 5,000 shares were sold by Gherson Diane J, worth $780,000. $2.01M worth of International Business Machines Corporation (NYSE:IBM) was sold by Clementi Erich. WADDELL FREDERICK H had bought 610 shares worth $99,659.

Among 21 analysts covering Sap Ag (NYSE:SAP), 12 have Buy rating, 1 Sell and 8 Hold. Therefore 57% are positive. Sap Ag had 61 analyst reports since July 23, 2015 according to SRatingsIntel. Goldman Sachs maintained the stock with “Buy” rating in Thursday, January 19 report. The rating was upgraded by Berenberg on Tuesday, April 12 to “Buy”. BMO Capital Markets maintained it with “Hold” rating and $10500 target in Thursday, July 13 report. The firm has “Buy” rating by Oppenheimer given on Thursday, July 20. The firm has “Sector Perform” rating given on Wednesday, October 21 by RBC Capital Markets. The rating was maintained by RBC Capital Markets on Monday, May 29 with “Hold”. The stock of SAP SE (NYSE:SAP) has “Buy” rating given on Wednesday, October 14 by HSBC. BMO Capital Markets maintained the stock with “Market Perform” rating in Monday, October 24 report. On Monday, March 12 the stock rating was upgraded by Evercore to “Outperform”. On Wednesday, January 25 the stock rating was reinitiated by William Blair with “Market Perform”.

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