2,140 Shares in International Business Machines Co. (NYSE:IBM) Bought by MSH Capital Advisors LLC

MSH Capital Advisors LLC acquired a new stake in International Business Machines Co. (NYSE:IBM - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 2,140 shares of the technology company's stock, valued at approximately $470,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Compass Financial Services Inc bought a new position in shares of International Business Machines during the fourth quarter worth about $26,000. Vision Financial Markets LLC bought a new position in International Business Machines during the 4th quarter worth approximately $31,000. Avondale Wealth Management lifted its position in shares of International Business Machines by 56.0% in the 4th quarter. Avondale Wealth Management now owns 156 shares of the technology company's stock worth $34,000 after purchasing an additional 56 shares during the period. Valued Wealth Advisors LLC boosted its stake in shares of International Business Machines by 134.3% in the 4th quarter. Valued Wealth Advisors LLC now owns 157 shares of the technology company's stock valued at $35,000 after purchasing an additional 90 shares during the last quarter. Finally, Rialto Wealth Management LLC acquired a new stake in shares of International Business Machines during the fourth quarter worth $35,000. Institutional investors and hedge funds own 58.96% of the company's stock.

Insider Transactions at International Business Machines

In other International Business Machines news, SVP Robert David Thomas sold 26,543 shares of International Business Machines stock in a transaction dated Monday, March 3rd. The stock was sold at an average price of $253.01, for a total transaction of $6,715,644.43. Following the completion of the transaction, the senior vice president now owns 45,007 shares of the company's stock, valued at $11,387,221.07. The trade was a 37.10 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.18% of the company's stock.

International Business Machines Stock Performance

IBM stock traded down $0.12 during mid-day trading on Friday, hitting $238.45. The company had a trading volume of 4,626,569 shares, compared to its average volume of 4,227,391. The stock's fifty day moving average price is $247.61 and its two-hundred day moving average price is $233.49. The company has a debt-to-equity ratio of 1.82, a quick ratio of 1.00 and a current ratio of 1.04. International Business Machines Co. has a 12 month low of $162.62 and a 12 month high of $266.45. The firm has a market cap of $221.10 billion, a PE ratio of 37.20, a price-to-earnings-growth ratio of 5.81 and a beta of 0.67.

International Business Machines (NYSE:IBM - Get Free Report) last issued its earnings results on Wednesday, January 29th. The technology company reported $3.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.77 by $0.15. International Business Machines had a return on equity of 38.99% and a net margin of 9.60%. On average, analysts forecast that International Business Machines Co. will post 10.78 earnings per share for the current fiscal year.

International Business Machines Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Monday, February 10th were paid a $1.67 dividend. The ex-dividend date of this dividend was Monday, February 10th. This represents a $6.68 dividend on an annualized basis and a yield of 2.80%. International Business Machines's dividend payout ratio is 104.21%.

Wall Street Analyst Weigh In

IBM has been the subject of a number of recent analyst reports. BMO Capital Markets increased their price target on International Business Machines from $260.00 to $280.00 and gave the stock a "market perform" rating in a report on Thursday, January 30th. StockNews.com lowered International Business Machines from a "buy" rating to a "hold" rating in a research report on Saturday, March 15th. JPMorgan Chase & Co. lifted their price target on shares of International Business Machines from $233.00 to $244.00 and gave the company a "neutral" rating in a research report on Thursday, January 30th. Erste Group Bank upgraded shares of International Business Machines from a "hold" rating to a "strong-buy" rating in a report on Monday, March 17th. Finally, Wedbush assumed coverage on shares of International Business Machines in a research report on Monday, February 3rd. They set an "outperform" rating for the company. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $232.75.

International Business Machines Company Profile

International Business Machines Corporation, together with its subsidiaries, provides integrated solutions and services worldwide. The company operates through Software, Consulting, Infrastructure, and Financing segments. The Software segment offers a hybrid cloud and AI platforms that allows clients to realize their digital and AI transformations across the applications, data, and environments in which they operate.