Neumann Capital Management Decreased Stake in Pfizer (PFE) as Stock Declined; Flippin Bruce & Porter Increases Stake in Intl Business Machines (IBM)

May 26, 2018 - By Adrian Mccoy

Pfizer Inc. (NYSE:PFE) Logo

Flippin Bruce & Porter Inc increased its stake in Intl Business Machines (IBM) by 12.57% based on its latest 2017Q4 regulatory filing with the SEC. Flippin Bruce & Porter Inc bought 10,571 shares as the company’s stock declined 0.39% with the market. The institutional investor held 94,655 shares of the computer manufacturing company at the end of 2017Q4, valued at $14.52M, up from 84,084 at the end of the previous reported quarter. Flippin Bruce & Porter Inc who had been investing in Intl Business Machines for a number of months, seems to be bullish on the $131.86 billion market cap company. The stock decreased 0.30% or $0.43 during the last trading session, reaching $143.64. About 4.91 million shares traded or 4.51% up from the average. International Business Machines Corporation (NYSE:IBM) has declined 12.58% since May 26, 2017 and is downtrending. It has underperformed by 24.13% the S&P500.

Neumann Capital Management Llc decreased its stake in Pfizer Inc (PFE) by 64.56% based on its latest 2017Q4 regulatory filing with the SEC. Neumann Capital Management Llc sold 15,450 shares as the company’s stock declined 3.13% with the market. The institutional investor held 8,483 shares of the health care company at the end of 2017Q4, valued at $307,000, down from 23,933 at the end of the previous reported quarter. Neumann Capital Management Llc who had been investing in Pfizer Inc for a number of months, seems to be less bullish one the $208.71 billion market cap company. The stock decreased 0.59% or $0.21 during the last trading session, reaching $35.68. About 14.24M shares traded. Pfizer Inc. (NYSE:PFE) has risen 2.43% since May 26, 2017 and is uptrending. It has underperformed by 9.12% the S&P500.

Flippin Bruce & Porter Inc, which manages about $395.97M and $470.53 million US Long portfolio, decreased its stake in Bloomin Brands Inc Com (NASDAQ:BLMN) by 77,310 shares to 76,553 shares, valued at $1.63 million in 2017Q4, according to the filing. It also reduced its holding in Apple Inc (NASDAQ:AAPL) by 33,649 shares in the quarter, leaving it with 63,933 shares, and cut its stake in Wal (NYSE:WMT).

Since January 31, 2018, it had 1 buying transaction, and 2 selling transactions for $2.69 million activity. Shares for $99,659 were bought by WADDELL FREDERICK H. 5,000 shares were sold by Gherson Diane J, worth $780,000.

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. Morgan Stanley upgraded International Business Machines Corporation (NYSE:IBM) on Thursday, February 18 to “Overweight” rating. The firm has “Buy” rating by S&P Research given on Wednesday, October 21. The firm earned “Buy” rating on Thursday, January 18 by Bank of America. The stock of International Business Machines Corporation (NYSE:IBM) has “Sell” rating given on Tuesday, April 4 by Berenberg. Barclays Capital maintained the stock with “Underweight” rating in Tuesday, October 18 report. Citigroup maintained International Business Machines Corporation (NYSE:IBM) on Wednesday, October 21 with “Neutral” rating. The firm earned “Hold” rating on Tuesday, July 18 by Oppenheimer. The stock has “Market Perform” rating by Wells Fargo on Wednesday, April 26. The firm earned “Buy” rating on Friday, July 21 by Argus Research. The stock of International Business Machines Corporation (NYSE:IBM) earned “Hold” rating by RBC Capital Markets on Thursday, August 31.

More notable recent International Business Machines Corporation (NYSE:IBM) news were published by: Seekingalpha.com which released: “IBM will hire 1800 in France” on May 23, 2018, also 247Wallst.com with their article: “IBM, Abandoned by Buffett and Wall Street, Sinks Lower” published on May 07, 2018, Seekingalpha.com published: “3 Reasons IBM Is The Right Dividend Stock For Your Portfolio” on May 15, 2018. More interesting news about International Business Machines Corporation (NYSE:IBM) were released by: Investorplace.com and their article: “7 Dow Titans Rolling Over” published on May 25, 2018 as well as Finance.Yahoo.com‘s news article titled: “3 (More) Artificial Intelligence Stocks You Hadn’t Thought Of” with publication date: May 25, 2018.

Investors sentiment increased to 1.03 in 2017 Q4. Its up 0.29, from 0.74 in 2017Q3. It is positive, 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. Staley Advisers holds 0.02% or 1,867 shares in its portfolio. Sentinel Trust Co Lba holds 0.93% of its portfolio in International Business Machines Corporation (NYSE:IBM) for 29,058 shares. Barbara Oil has invested 0.49% in International Business Machines Corporation (NYSE:IBM). Guardian Advsrs Lp owns 22,159 shares. King Luther Cap owns 0.27% invested in International Business Machines Corporation (NYSE:IBM) for 214,562 shares. Weatherly Asset Mgmt LP reported 15,264 shares or 0.57% of all its holdings. Asset Advsr reported 5,600 shares or 0.14% of all its holdings. Finemark State Bank Trust holds 0.26% in International Business Machines Corporation (NYSE:IBM) or 26,922 shares. Sandy Spring Bank stated it has 26,524 shares or 0.37% of all its holdings. Westpac Bk reported 74,344 shares stake. Moreover, Conestoga Capital Ltd has 0.01% invested in International Business Machines Corporation (NYSE:IBM). First Republic Investment Management reported 336,028 shares. Kwmg Ltd Liability has 10,798 shares for 0.5% of their portfolio. 5,097 were reported by Prtn Oh Adv. Ibm Retirement Fund reported 0.6% of its portfolio in International Business Machines Corporation (NYSE:IBM).

Investors sentiment increased to 1.06 in Q4 2017. Its up 0.10, from 0.96 in 2017Q3. It improved, as 51 investors sold PFE shares while 675 reduced holdings. 134 funds opened positions while 632 raised stakes. 4.07 billion shares or 0.28% more from 4.06 billion shares in 2017Q3 were reported. Amer holds 1.9% of its portfolio in Pfizer Inc. (NYSE:PFE) for 15.98M shares. Covington Cap Mgmt reported 0.38% in Pfizer Inc. (NYSE:PFE). Palladium Prns Llc invested 1.63% of its portfolio in Pfizer Inc. (NYSE:PFE). Rampart Invest Mngmt Ltd Liability Com owns 1.02% invested in Pfizer Inc. (NYSE:PFE) for 73,192 shares. Fairfax Fincl Can holds 0.54% in Pfizer Inc. (NYSE:PFE) or 210,000 shares. Indiana Trust Invest Management stated it has 0.36% of its portfolio in Pfizer Inc. (NYSE:PFE). Orrstown Inc reported 0.06% in Pfizer Inc. (NYSE:PFE). Virginia Retirement Et Al has invested 0.52% in Pfizer Inc. (NYSE:PFE). Kelly Lawrence W And Assocs Inc Ca invested 0.14% in Pfizer Inc. (NYSE:PFE). Tealwood Asset Mngmt has invested 1.75% in Pfizer Inc. (NYSE:PFE). Princeton Strategies Group Ltd Liability Company holds 0.78% or 79,159 shares. Buffington Mohr Mcneal accumulated 9,525 shares or 0.13% of the stock. State Bank Of Ny Mellon reported 0.67% of its portfolio in Pfizer Inc. (NYSE:PFE). Bkd Wealth Advsr Limited stated it has 0.38% in Pfizer Inc. (NYSE:PFE). 22.54M were accumulated by Century Companies Inc.

Since December 15, 2017, it had 0 insider purchases, and 13 selling transactions for $17.75 million activity. On Monday, February 26 CORNWELL W DON sold $64,679 worth of Pfizer Inc. (NYSE:PFE) or 1,758 shares. The insider HILL CHARLES H sold 42,393 shares worth $1.52 million. MACKENZIE ALEXANDER R sold $249,750 worth of stock or 6,750 shares. On Tuesday, May 1 the insider READ IAN C sold $4.76M. Another trade for 13,986 shares valued at $501,398 was made by Dolsten Mikael on Friday, March 2. Shares for $1.24 million were sold by SUSMAN SALLY.

Analysts await Pfizer Inc. (NYSE:PFE) to report earnings on August, 7. They expect $0.75 earnings per share, up 11.94% or $0.08 from last year’s $0.67 per share. PFE’s profit will be $4.39B for 11.89 P/E if the $0.75 EPS becomes a reality. After $0.77 actual earnings per share reported by Pfizer Inc. for the previous quarter, Wall Street now forecasts -2.60% negative EPS growth.

More notable recent Pfizer Inc. (NYSE:PFE) news were published by: Streetinsider.com which released: “Pfizer (PFE) Says FDA Granted Breakthrough Therapy Designation for Tafamidis for Treatment of Patients with …” on May 23, 2018, also 247Wallst.com with their article: “How Much Pfizer Earnings Depend on a Few Brands” published on May 01, 2018, Seekingalpha.com published: “Eidos Therapeutics files for initial public offering” on May 25, 2018. More interesting news about Pfizer Inc. (NYSE:PFE) were released by: Streetinsider.com and their article: “Pfizer (PFE) Begins a Phase 1/2 Study to Evaluate RSV Vaccine” published on May 22, 2018 as well as Seekingalpha.com‘s news article titled: “Pfizer: Buy This Dip?” with publication date: May 03, 2018.

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

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: