Zwj Investment Counsel Has Cut International Business Machs (IBM) Stake By $2.58 Million; Kewaunee Scientific (KEQU)’s Sentiment Is 2.67

March 22, 2018 - By Richard Conner

Kewaunee Scientific Corporation designs, makes, and installs laboratory, healthcare, and technical furniture products. The company has market cap of $88.56 million. The firm operates in two divisions, Domestic and International. It has a 17.48 P/E ratio. The Company’s products include steel, wood, laminate furniture, fume hoods, biological safety cabinets, laminar flow and ductless hoods, adaptable modular and column systems, moveable workstations and carts, epoxy resin worksurfaces, sinks, and accessories and related design services.

Zwj Investment Counsel Inc decreased International Business Machs (IBM) stake by 45.17% reported in 2017Q3 SEC filing. Zwj Investment Counsel Inc sold 17,790 shares as International Business Machs (IBM)’s stock declined 15.88%. The Zwj Investment Counsel Inc holds 21,597 shares with $3.13 million value, down from 39,387 last quarter. International Business Machs now has $142.66B valuation. The stock decreased 1.16% or $1.82 during the last trading session, reaching $154.87. About 236,547 shares traded. International Business Machines Corporation (NYSE:IBM) has risen 4.86% since March 22, 2017 and is uptrending. It has underperformed by 11.84% the S&P500.

Investors sentiment increased to 1.03 in 2017 Q3. Its up 0.29, from 0.74 in 2017Q2. It increased, 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. Armstrong Shaw Assoc Ct holds 3,400 shares or 0.45% of its portfolio. Weik Investment Serv has 0.28% invested in International Business Machines Corporation (NYSE:IBM) for 4,075 shares. Ckw Gp holds 0.03% or 944 shares in its portfolio. Buffington Mohr Mcneal invested in 4,450 shares. Eagle Capital Mgmt Limited Liability Com invested in 0% or 2,700 shares. Schwab Charles Inv Mngmt holds 0.61% or 4.83M shares in its portfolio. Tower Rech Capital Limited Liability Company (Trc) holds 0.11% or 8,832 shares. Rwwm has 145,932 shares. Clean Yield Grp Incorporated stated it has 0.56% in International Business Machines Corporation (NYSE:IBM). 14,219 were reported by Fdx Advsrs. Carret Asset Management Ltd Liability Corp holds 0.86% or 36,624 shares in its portfolio. Cypress Asset Mngmt Incorporated Tx owns 0.05% invested in International Business Machines Corporation (NYSE:IBM) for 1,600 shares. Tortoise Investment Management Lc holds 4,201 shares. Security Bancorporation Of Sioux City Iowa Ia reported 7,280 shares. Teacher Retirement System Of Texas reported 481,970 shares.

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 $2.18 billion for 16.34 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.

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 125 analyst reports since July 21, 2015 according to SRatingsIntel. Standpoint Research upgraded International Business Machines Corporation (NYSE:IBM) on Wednesday, July 19 to “Buy” rating. The company was maintained on Wednesday, July 19 by UBS. On Wednesday, April 19 the stock rating was downgraded by Societe Generale to “Sell”. On Friday, January 19 the stock rating was maintained by Berenberg with “Sell”. S&P Research maintained International Business Machines Corporation (NYSE:IBM) on Wednesday, October 21 with “Buy” rating. Citigroup maintained the shares of IBM in report on Wednesday, October 18 with “Neutral” rating. The stock has “Neutral” rating by Citigroup on Tuesday, July 19. The stock of International Business Machines Corporation (NYSE:IBM) earned “Buy” rating by Stifel Nicolaus on Tuesday, October 20. As per Wednesday, August 26, the company rating was upgraded by Argus Research. The rating was maintained by Barclays Capital with “Underweight” on Tuesday, July 19.

Since January 31, 2018, it had 1 buying transaction, and 2 selling transactions for $2.69 million activity. 610 shares valued at $99,659 were bought by WADDELL FREDERICK H on Wednesday, January 31. Clementi Erich also sold $2.01M worth of International Business Machines Corporation (NYSE:IBM) on Friday, February 23. 5,000 shares were sold by Gherson Diane J, worth $780,000.

Zwj Investment Counsel Inc increased Anthem Inc (NYSE:ANTM) stake by 1,628 shares to 119,512 valued at $22.69 million in 2017Q3. It also upped Schlumberger Ltd (NYSE:SLB) stake by 36,861 shares and now owns 339,450 shares. Lyondellbasell Industries N (NYSE:LYB) was raised too.

It closed at $32.5 lastly. It is down 38.94% since March 22, 2017 and is uptrending. It has outperformed by 22.24% the S&P500.

Since January 1, 0001, it had 1 buy, and 0 insider sales for $57,581 activity.

Perritt Capital Management Inc holds 0.39% of its portfolio in Kewaunee Scientific Corporation for 49,869 shares. North Star Investment Management Corp. owns 82,625 shares or 0.31% of their US portfolio. Moreover, Salem Investment Counselors Inc has 0.19% invested in the company for 54,625 shares. The Wisconsin-based Morgan Dempsey Capital Management Llc has invested 0.13% in the stock. Carroll Financial Associates Inc., a North Carolina-based fund reported 4,800 shares.

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