Carnegie Capital Asset Management Trimmed International Business Machs (IBM) Holding; Asa Gold & Precious Metals LTD (ASA)’s Sentiment Is 1

January 14, 2018 - By Marie Mckinney

ASA Gold and Precious Metals Limited is a publicly owned investment manager. The company has market cap of $227.04 million. The firm invests in the public equity markets across the globe. It currently has negative earnings. It primarily invests in stocks of companies engaged in the exploration, mining or processing of gold, silver, platinum, diamonds, or other precious minerals.

Carnegie Capital Asset Management Llc decreased International Business Machs (IBM) stake by 19.92% reported in 2017Q3 SEC filing. Carnegie Capital Asset Management Llc sold 9,013 shares as International Business Machs (IBM)’s stock declined 15.88%. The Carnegie Capital Asset Management Llc holds 36,239 shares with $5.80M value, down from 45,252 last quarter. International Business Machs now has $151.03 billion valuation. The stock decreased 0.65% or $1.06 during the last trading session, reaching $163.14. About 5.03 million shares traded. International Business Machines Corporation (NYSE:IBM) has risen 4.86% since January 14, 2017 and is uptrending. It has underperformed by 11.84% the S&P500.

The stock increased 2.62% or $0.3 during the last trading session, reaching $11.77. About 106,692 shares traded or 1.89% up from the average. ASA Gold and Precious Metals Limited (ASA) has declined 1.62% since January 14, 2017 and is downtrending. It has underperformed by 18.32% the S&P500.

A. D. Beadell Investment Counsel Inc. holds 0.99% of its portfolio in ASA Gold and Precious Metals Limited for 98,200 shares. Bennicas & Associates Inc. owns 81,430 shares or 0.82% of their US portfolio. Moreover, Ws Management Lllp has 0.27% invested in the company for 907,946 shares. The New York-based Lazard Asset Management Llc has invested 0.07% in the stock. Sii Investments Inc Wi, a Wisconsin-based fund reported 90,878 shares.

Carnegie Capital Asset Management Llc increased Amgen Inc (NASDAQ:AMGN) stake by 3,559 shares to 28,001 valued at $5.06M in 2017Q3. It also upped Expedia Inc Del (NASDAQ:EXPE) stake by 2,958 shares and now owns 7,678 shares. Henry Jack & Assoc Inc (NASDAQ:JKHY) was raised too.

Analysts await International Business Machines Corporation (NYSE:IBM) to report earnings on January, 18. They expect $5.16 earnings per share, up 2.99% or $0.15 from last year’s $5.01 per share. IBM’s profit will be $4.78B for 7.90 P/E if the $5.16 EPS becomes a reality. After $3.30 actual earnings per share reported by International Business Machines Corporation for the previous quarter, Wall Street now forecasts 56.36% EPS growth.

Among 31 analysts covering International Business Machines (NYSE:IBM), 11 have Buy rating, 5 Sell and 15 Hold. Therefore 35% are positive. International Business Machines had 113 analyst reports since July 21, 2015 according to SRatingsIntel. Argus Research maintained International Business Machines Corporation (NYSE:IBM) rating on Wednesday, March 22. Argus Research has “Buy” rating and $192 target. On Wednesday, October 18 the stock rating was maintained by Citigroup with “Neutral”. The firm earned “Hold” rating on Wednesday, July 19 by KeyBanc Capital Markets. The rating was maintained by Bank of America with “Buy” on Wednesday, July 19. The stock of International Business Machines Corporation (NYSE:IBM) earned “Hold” rating by Wedbush on Thursday, August 3. The stock has “Market Perform” rating by Bernstein on Tuesday, July 19. Morgan Stanley maintained International Business Machines Corporation (NYSE:IBM) rating on Wednesday, July 19. Morgan Stanley has “Buy” rating and $21200 target. The stock has “Neutral” rating by JP Morgan on Tuesday, April 19. The rating was maintained by Barclays Capital on Tuesday, October 18 with “Underweight”. The stock of International Business Machines Corporation (NYSE:IBM) has “Buy” rating given on Thursday, October 5 by Stifel Nicolaus.

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