Alpine Associates Management Decreased Dish Network (DISH) Stake By $4.15 Million; International Business Machines (IBM) Covered By 11 Bullish Analysts Last Week

January 15, 2018 - By Michael Collier

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. The stock of International Business Machines Corporation (NYSE:IBM) earned “Sector Perform” rating by RBC Capital Markets on Friday, January 15. The rating was maintained by RBC Capital Markets with “Hold” on Tuesday, July 11. The stock of International Business Machines Corporation (NYSE:IBM) earned “Outperform” rating by RBC Capital Markets on Wednesday, January 3. On Monday, January 18 the stock rating was maintained by RBC Capital Markets with “Sector Perform”. On Wednesday, July 19 the stock rating was maintained by RBC Capital Markets with “Hold”. JMP Securities maintained it with “Market Outperform” rating and $172 target in Tuesday, July 19 report. The rating was maintained by Stifel Nicolaus on Friday, January 8 with “Buy”. Barclays Capital maintained International Business Machines Corporation (NYSE:IBM) rating on Wednesday, October 18. Barclays Capital has “Underweight” rating and $133 target. Jefferies maintained International Business Machines Corporation (NYSE:IBM) rating on Wednesday, July 12. Jefferies has “Sell” rating and $12500 target. The firm earned “Underweight” rating on Wednesday, October 14 by Barclays Capital. See International Business Machines Corporation (NYSE:IBM) latest ratings:

12/01/2018 Broker: Bernstein Rating: Hold New Target: $150.0
03/01/2018 Broker: RBC Capital Markets Old Rating: Sector Perform New Rating: Outperform Upgrade
30/11/2017 Broker: Tigress Financial Rating: Buy
26/11/2017 Broker: BMO Capital Markets Rating: Hold New Target: $170.0 Maintain
13/11/2017 Broker: RBC Capital Markets Rating: Hold New Target: $160.0 Maintain
27/10/2017 Broker: Pivotal Research Rating: Buy New Target: $180 Initiates Coverage On
18/10/2017 Broker: JMP Securities Rating: Buy New Target: $188.0
18/10/2017 Broker: Morgan Stanley Rating: Buy New Target: $192.0 Maintain
18/10/2017 Broker: Barclays Capital Rating: Underweight Old Target: $132 New Target: $133 Maintain
18/10/2017 Broker: BMO Capital Markets Rating: Market Perform Old Target: $167 New Target: $170 Maintain

Alpine Associates Management Inc decreased Dish Network Corp (DISH) stake by 43.88% reported in 2017Q3 SEC filing. Alpine Associates Management Inc sold 76,798 shares as Dish Network Corp (DISH)’s stock rose 1.02%. The Alpine Associates Management Inc holds 98,202 shares with $5.33 million value, down from 175,000 last quarter. Dish Network Corp now has $23.08B valuation. The stock increased 0.47% or $0.23 during the last trading session, reaching $49.48. About 1.46M shares traded. DISH Network Corporation (NASDAQ:DISH) has risen 43.12% since January 15, 2017 and is uptrending. It has outperformed by 26.42% the S&P500.

International Business Machines Corporation provides information technology services and products worldwide. The company has market cap of $151.03 billion. The Company’s Cognitive Solutions segment includes Watson, a cognitive computing platform that interacts in natural language, processes big data, and learns from interactions with people and computers. It has a 13.61 P/E ratio. The companyÂ’s Cognitive Solutions segment also offers data and analytics solutions, including analytics and data management platforms, cloud data services, enterprise social software, talent management solutions, and solutions tailored by industry; and transaction processing software that runs mission-critical systems in banking, airlines, and retail industries.

Investors sentiment increased to 0.74 in 2017 Q3. Its up 0.02, from 0.72 in 2017Q2. It increased, as 70 investors sold International Business Machines Corporation 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. Hall Laurie J Trustee holds 1,823 shares. Spc Fincl has 0.12% invested in International Business Machines Corporation (NYSE:IBM). State Of Wisconsin Investment Board holds 950,263 shares or 0.41% of its portfolio. Kistler accumulated 0.28% or 4,588 shares. 14,045 were reported by Vnbtrust National Association. Whittier Tru Co Of Nevada has invested 0.57% in International Business Machines Corporation (NYSE:IBM). Strategic Advsr Lc has 2,069 shares. Inr Advisory Serv Lc stated it has 195 shares. Seabridge Invest Advsr Limited Liability has 86,873 shares. Welch & Forbes Ltd Company reported 114,085 shares or 0.44% of all its holdings. Investment Centers Of America Inc invested 0.09% in International Business Machines Corporation (NYSE:IBM). New York-based Clark Estates has invested 0.35% in International Business Machines Corporation (NYSE:IBM). Security Natl Trust holds 15,657 shares or 0.75% of its portfolio. Torray Ltd Limited Liability Company accumulated 103,869 shares or 1.49% of the stock. Schnieders Cap Mgmt Limited Liability Corporation has invested 1.01% in International Business Machines Corporation (NYSE:IBM).

The stock decreased 0.65% or $1.06 during the last trading session, reaching $163.14. About 5.03M shares traded. International Business Machines Corporation (NYSE:IBM) has risen 4.86% since January 15, 2017 and is uptrending. It has underperformed by 11.84% the S&P500.

Analysts await DISH Network Corporation (NASDAQ:DISH) to report earnings on February, 28. They expect $0.55 earnings per share, down 21.43% or $0.15 from last year’s $0.7 per share. DISH’s profit will be $256.50 million for 22.49 P/E if the $0.55 EPS becomes a reality. After $0.57 actual earnings per share reported by DISH Network Corporation for the previous quarter, Wall Street now forecasts -3.51% negative EPS growth.

Alpine Associates Management Inc increased Lattice Semiconductor Corp (NASDAQ:LSCC) stake by 318,248 shares to 3.02M valued at $15.72 million in 2017Q3. It also upped Time Warner Inc (Put) (NYSE:TWX) stake by 97,600 shares and now owns 213,400 shares. Dish Network Corp (Put) (NASDAQ:DISH) was raised too.

Among 20 analysts covering Dish Network Corp. (NASDAQ:DISH), 9 have Buy rating, 3 Sell and 8 Hold. Therefore 45% are positive. Dish Network Corp. had 48 analyst reports since July 22, 2015 according to SRatingsIntel. Pivotal Research maintained it with “Buy” rating and $86 target in Thursday, November 10 report. Goldman Sachs maintained the shares of DISH in report on Thursday, April 21 with “Buy” rating. Pivotal Research upgraded it to “Buy” rating and $65.0 target in Monday, November 6 report. The stock of DISH Network Corporation (NASDAQ:DISH) earned “Buy” rating by Zacks on Saturday, September 5. The rating was maintained by FBR Capital with “Outperform” on Monday, August 10. The rating was upgraded by Moeffett Nathanson to “Neutral” on Monday, October 26. As per Wednesday, July 26, the company rating was downgraded by Citigroup. On Friday, July 22 the stock rating was maintained by RBC Capital Markets with “Sector Perform”. The company was maintained on Friday, August 14 by Barclays Capital. Macquarie Research maintained the stock with “Hold” rating in Thursday, August 3 report.

Since August 28, 2017, it had 0 buys, and 4 insider sales for $67,480 activity. Khemka Vivek had sold 110 shares worth $5,433 on Friday, January 5. McSchooler Jeffrey L sold $44,439 worth of stock. 99 shares were sold by ORBAN PAUL W, worth $5,347 on Monday, October 2.

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 FREE daily email newsletter.