Barrow Hanley Mewhinney & Strauss Has Lowered Its Philip Morris International In (PM) Position by $70.04 Million as Share Value Rose; Baystate Wealth Management Has Lowered Its International Business Machs Com (IBM) Position by $360,003; Market Value Declined

February 24, 2018 - By Migdalia James

Baystate Wealth Management Llc decreased its stake in International Business Machs Com (IBM) by 33.97% based on its latest 2017Q3 regulatory filing with the SEC. Baystate Wealth Management Llc sold 2,449 shares as the company’s stock declined 15.88% while stock markets rallied. The institutional investor held 4,761 shares of the computer manufacturing company at the end of 2017Q3, valued at $702,000, down from 7,210 at the end of the previous reported quarter. Baystate Wealth Management Llc who had been investing in International Business Machs Com for a number of months, seems to be less bullish one the $143.98B market cap company. The stock increased 1.53% or $2.34 during the last trading session, reaching $155.52. About 3.26M shares traded. International Business Machines Corporation (NYSE:IBM) has risen 4.86% since February 24, 2017 and is uptrending. It has underperformed by 11.84% the S&P500.

Barrow Hanley Mewhinney & Strauss Llc decreased its stake in Philip Morris International In (PM) by 3.63% based on its latest 2017Q3 regulatory filing with the SEC. Barrow Hanley Mewhinney & Strauss Llc sold 631,032 shares as the company’s stock rose 10.69% with the market. The institutional investor held 16.78 million shares of the farming and seeds and milling company at the end of 2017Q3, valued at $1.86 billion, down from 17.41M at the end of the previous reported quarter. Barrow Hanley Mewhinney & Strauss Llc who had been investing in Philip Morris International In for a number of months, seems to be less bullish one the $164.81 billion market cap company. The stock increased 3.04% or $3.13 during the last trading session, reaching $106.11. About 4.82M shares traded. Philip Morris International Inc. (NYSE:PM) has risen 16.65% since February 24, 2017 and is uptrending. It has underperformed by 0.05% the S&P500.




Baystate Wealth Management Llc, which manages about $529.70M and $600.45 million US Long portfolio, upped its stake in Apple Inc Com (NASDAQ:AAPL) by 8,776 shares to 19,171 shares, valued at $2.99M in 2017Q3, according to the filing. It also increased its holding in Iq Hedge Multi (QAI) by 48,945 shares in the quarter, for a total of 1.14M shares, and has risen its stake in Spdr Bloomberg Barclays Short Term Corporate Bond Etf (SCPB).

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. Jefferies maintained the stock with “Sell” rating in Wednesday, August 16 report. The firm has “Overweight” rating by Morgan Stanley given on Thursday, March 31. The rating was maintained by BMO Capital Markets with “Market Perform” on Wednesday, October 18. The firm earned “Buy” rating on Friday, January 19 by Stifel Nicolaus. The rating was maintained by BMO Capital Markets with “Market Perform” on Tuesday, July 19. The firm has “Overweight” rating given on Tuesday, October 18 by Morgan Stanley. JMP Securities initiated International Business Machines Corporation (NYSE:IBM) on Friday, November 20 with “Market Perform” rating. The stock of International Business Machines Corporation (NYSE:IBM) earned “Market Perform” rating by Bernstein on Wednesday, April 12. The stock has “Hold” rating by Cantor Fitzgerald on Tuesday, April 19. The stock has “Buy” rating by Stifel Nicolaus on Tuesday, October 20.

Analysts await International Business Machines Corporation (NYSE:IBM) to report earnings on April, 17. They expect $2.37 EPS, down 0.42% or $0.01 from last year’s $2.38 per share. IBM’s profit will be $2.19 billion for 16.41 P/E if the $2.37 EPS becomes a reality. After $5.18 actual EPS reported by International Business Machines Corporation for the previous quarter, Wall Street now forecasts -54.25% negative EPS growth.

Since January 31, 2018, it had 1 buying transaction, and 0 selling transactions for $99,659 activity.

Investors sentiment increased to 0.74 in Q3 2017. Its up 0.02, from 0.72 in 2017Q2. It improved, as 70 investors sold IBM shares while 676 reduced holdings. 100 funds opened positions while 451 raised stakes. 519.10 million shares or 2.22% less from 530.91 million shares in 2017Q2 were reported. 9,393 are held by Zevin Asset Mngmt Ltd Liability Corporation. The Michigan-based Inv Gru Incorporated Ltd has invested 0.1% in International Business Machines Corporation (NYSE:IBM). California-based Check Mngmt Incorporated Ca has invested 1.93% in International Business Machines Corporation (NYSE:IBM). 35,427 were accumulated by Canandaigua Savings Bank &. Profund Limited Liability Corporation owns 34,849 shares. Fuller & Thaler Asset Mgmt holds 10,800 shares or 0.02% of its portfolio. 228,166 were accumulated by Hm Payson And Communications. Mcf Ltd Co reported 1,755 shares or 0.05% of all its holdings. Caz Investments LP accumulated 5,840 shares or 1.04% of the stock. Tcw Grp owns 158,695 shares. Lee Danner Bass reported 26,523 shares. Citadel Advsr Ltd Liability Corp has invested 0.02% in International Business Machines Corporation (NYSE:IBM). Joel Isaacson & Llc reported 0.27% stake. New York-based Adirondack Trust Com has invested 0.93% in International Business Machines Corporation (NYSE:IBM). America First Invest Advsrs owns 0.02% invested in International Business Machines Corporation (NYSE:IBM) for 300 shares.

Barrow Hanley Mewhinney & Strauss Llc, which manages about $91.02B and $66.34B US Long portfolio, upped its stake in Qualcomm Inc (NASDAQ:QCOM) by 498,324 shares to 25.67M shares, valued at $1.33B in 2017Q3, according to the filing. It also increased its holding in Crocs Inc (NASDAQ:CROX) by 200,974 shares in the quarter, for a total of 208,456 shares, and has risen its stake in Hcp Inc (NYSE:HCP).

Analysts await Philip Morris International Inc. (NYSE:PM) to report earnings on April, 19. They expect $0.87 earnings per share, down 11.22% or $0.11 from last year’s $0.98 per share. PM’s profit will be $1.35B for 30.49 P/E if the $0.87 EPS becomes a reality. After $1.31 actual earnings per share reported by Philip Morris International Inc. for the previous quarter, Wall Street now forecasts -33.59% negative EPS growth.

Since August 30, 2017, it had 0 insider purchases, and 2 selling transactions for $13.44 million activity. Shares for $11.81 million were sold by CAMILLERI LOUIS C.

Among 19 analysts covering Philip Morris International (NYSE:PM), 13 have Buy rating, 0 Sell and 6 Hold. Therefore 68% are positive. Philip Morris International had 54 analyst reports since August 24, 2015 according to SRatingsIntel. The rating was downgraded by Bank of America on Wednesday, January 4 to “Neutral”. On Thursday, October 12 the stock rating was maintained by Jefferies with “Hold”. The stock has “Hold” rating by Societe Generale on Thursday, April 21. The rating was maintained by Morgan Stanley on Tuesday, January 30 with “Overweight”. Jefferies maintained the stock with “Hold” rating in Tuesday, June 20 report. The company was maintained on Friday, October 13 by Piper Jaffray. The stock has “Hold” rating by SBG Securities on Wednesday, July 20. The stock of Philip Morris International Inc. (NYSE:PM) has “Buy” rating given on Monday, July 17 by Stifel Nicolaus. Jefferies maintained the shares of PM in report on Wednesday, October 5 with “Hold” rating. The rating was maintained by Stifel Nicolaus with “Buy” on Wednesday, January 10.

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