International Business Machines Co. (NYSE:IBM) Shares Bought by Buckhead Capital Management LLC

Buckhead Capital Management LLC boosted its holdings in shares of International Business Machines Co. (NYSE:IBM) by 13.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,312 shares of the technology company’s stock after acquiring an additional 398 shares during the quarter. Buckhead Capital Management LLC’s holdings in International Business Machines were worth $417,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Simon Quick Advisors LLC grew its stake in shares of International Business Machines by 67.9% in the third quarter. Simon Quick Advisors LLC now owns 225 shares of the technology company’s stock valued at $27,000 after buying an additional 91 shares in the last quarter. DB Wealth Management Group LLC acquired a new stake in shares of International Business Machines in the fourth quarter valued at $29,000. Diversified LLC acquired a new stake in shares of International Business Machines in the fourth quarter valued at $29,000. Moisand Fitzgerald Tamayo LLC grew its stake in shares of International Business Machines by 56.6% in the third quarter. Moisand Fitzgerald Tamayo LLC now owns 274 shares of the technology company’s stock valued at $33,000 after buying an additional 99 shares in the last quarter. Finally, Iron Horse Wealth Management LLC acquired a new stake in shares of International Business Machines in the fourth quarter valued at $38,000. 55.67% of the stock is owned by institutional investors and hedge funds.

Shares of NYSE IBM opened at $120.86 on Tuesday. International Business Machines Co. has a twelve month low of $90.56 and a twelve month high of $148.05. The company has a current ratio of 1.05, a quick ratio of 1.00 and a debt-to-equity ratio of 2.58. The stock has a fifty day simple moving average of $123.45 and a 200-day simple moving average of $122.33. The stock has a market capitalization of $107.69 billion, a PE ratio of 13.69, a PEG ratio of 3.36 and a beta of 1.25.

International Business Machines (NYSE:IBM) last released its earnings results on Wednesday, January 20th. The technology company reported $2.07 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.79 by $0.28. International Business Machines had a return on equity of 48.69% and a net margin of 10.53%. During the same quarter in the previous year, the business posted $4.71 earnings per share. On average, equities analysts predict that International Business Machines Co. will post 8.73 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 10th. Investors of record on Wednesday, February 10th will be paid a dividend of $1.63 per share. The ex-dividend date of this dividend is Tuesday, February 9th. This represents a $6.52 annualized dividend and a yield of 5.39%. International Business Machines’s payout ratio is 50.90%.

International Business Machines Company Profile

International Business Machines Corporation provides integrated solutions and services worldwide. Its Cloud & Cognitive Software segment offers software for vertical and domain-specific solutions in health, financial services, and Internet of Things (IoT), weather, and security software and services application areas; and customer information control system and storage, and analytics and integration software solutions to support client mission critical on-premise workloads in banking, airline, and retail industries.

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Institutional Ownership by Quarter for International Business Machines (NYSE:IBM)

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