Diker Management Has Boosted Its Position in Red Robin Gourmet Burgers In (RRGB) by $4.19 Million; International Business Machines (IBM) Holder American Research & Management Has Trimmed Its Position as Share Price Declined

November 14, 2017 - By Neil V. Hobbs

Mark N. Diker increased its stake in Red Robin Gourmet Burgers In (RRGB) by 614.29% based on its latest 2017Q2 regulatory filing with the SEC. Diker Management Llc bought 64,500 shares as the company’s stock rose 52.62% with the market. The hedge fund run by Mark N. Diker held 75,000 shares of the consumer services company at the end of 2017Q2, valued at $4.89M, up from 10,500 at the end of the previous reported quarter. Diker Management Llc who had been investing in Red Robin Gourmet Burgers In for a number of months, seems to be bullish on the $631.52M market cap company. The stock rose 2.73% or $1.3 reaching $48.85 per share. About 82,596 shares traded. Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) has risen 52.55% since November 14, 2016 and is uptrending. It has outperformed by 35.85% the S&P500.

American Research & Management decreased its stake in International Business Machines (IBM) by 3.22% based on its latest 2017Q2 regulatory filing with the SEC. American Research & Management sold 5,505 shares as the company’s stock declined 15.88% while stock markets rallied. The institutional investor held 165,663 shares of the computer manufacturing company at the end of 2017Q2, valued at $25.48 million, down from 171,168 at the end of the previous reported quarter. American Research & Management who had been investing in International Business Machines for a number of months, seems to be less bullish one the $136.79 billion market cap company. The stock declined 0.47% or $0.7 reaching $147.75 per share. About 512,922 shares traded. International Business Machines Corp. (NYSE:IBM) has risen 4.86% since November 14, 2016 and is uptrending. It has underperformed by 11.84% the S&P500.

More notable recent International Business Machines Corp. (NYSE:IBM) news were published by: Nasdaq.com which released: “International Business Machines Corporation (IBM) Ex-Dividend Date Scheduled …” on November 08, 2017, also Investorplace.com with their article: “International Business Machines Corp. (IBM) Still Flawed” published on November 01, 2017, Finance.Yahoo.com published: “Is International Business Machines (IBM) a Great Value Pick?” on November 07, 2017. More interesting news about International Business Machines Corp. (NYSE:IBM) were released by: Fool.com and their article: “Why International Business Machines Corp. Shares Jumped 10% Higher Today” published on October 18, 2017 as well as Investorplace.com‘s news article titled: “International Business Machines Corp. Stock Is All out of Downside, Which Is …” with publication date: November 13, 2017.

Investors sentiment decreased to 0.72 in 2017 Q2. Its down 0.25, from 0.97 in 2017Q1. It fall, as 100 investors sold IBM shares while 695 reduced holdings. 91 funds opened positions while 484 raised stakes. 530.91 million shares or 0.81% less from 535.24 million shares in 2017Q1 were reported. 1,700 were accumulated by Kj Harrison Partners Incorporated. Baxter Bros reported 3,302 shares. American Insur Tx has 0.21% invested in International Business Machines Corp. (NYSE:IBM) for 24,443 shares. Texas-based Capstone Asset Mgmt has invested 0.55% in International Business Machines Corp. (NYSE:IBM). Arcadia Mgmt Mi invested in 0% or 50 shares. Gould Asset Mgmt Ltd Liability Co Ca reported 1,700 shares or 0.13% of all its holdings. 912 were reported by Peddock Cap Advsrs Ltd Limited Liability Company. The Pennsylvania-based Drexel Morgan And has invested 1.53% in International Business Machines Corp. (NYSE:IBM). Anchor Capital Advsr Ltd Liability owns 1,555 shares for 0.01% of their portfolio. Amica Retiree Trust holds 0.51% in International Business Machines Corp. (NYSE:IBM) or 4,073 shares. Boston Family Office Limited Liability stated it has 0.45% of its portfolio in International Business Machines Corp. (NYSE:IBM). Seabridge Inv Advsr Limited Liability Corporation accumulated 76,818 shares or 2.84% of the stock. Moreover, Sather Fincl Group has 2.3% invested in International Business Machines Corp. (NYSE:IBM). Riverhead Capital Limited Liability holds 0.25% or 32,124 shares in its portfolio. Morgan Dempsey Cap Mgmt Ltd Liability holds 1.49% or 26,551 shares in its portfolio.

Analysts await International Business Machines Corp. (NYSE:IBM) to report earnings on January, 18. They expect $5.17 EPS, up 3.19% or $0.16 from last year’s $5.01 per share. IBM’s profit will be $4.79 billion for 7.14 P/E if the $5.17 EPS becomes a reality. After $3.30 actual EPS reported by International Business Machines Corp. for the previous quarter, Wall Street now forecasts 56.67% EPS growth.

Among 30 analysts covering International Business Machines (NYSE:IBM), 9 have Buy rating, 5 Sell and 16 Hold. Therefore 30% are positive. International Business Machines had 108 analyst reports since July 21, 2015 according to SRatingsIntel. Morgan Stanley maintained the shares of IBM in report on Wednesday, August 23 with “Buy” rating. Morgan Stanley maintained the stock with “Overweight” rating in Thursday, March 31 report. On Tuesday, October 20 the stock rating was maintained by RBC Capital Markets with “Sector Perform”. JMP Securities maintained the stock with “Market Outperform” rating in Tuesday, July 19 report. S&P Research maintained the shares of IBM in report on Wednesday, October 21 with “Buy” rating. The stock of International Business Machines Corp. (NYSE:IBM) has “Market Perform” rating given on Friday, November 20 by JMP Securities. The rating was upgraded by Bank of America to “Buy” on Thursday, November 10. The company was maintained on Wednesday, March 22 by Argus Research. The firm has “Sell” rating given on Wednesday, August 16 by Jefferies. The firm has “Buy” rating given on Wednesday, August 26 by Argus Research.

Among 9 analysts covering Red Robin Gourmet Burgers (NASDAQ:RRGB), 5 have Buy rating, 0 Sell and 4 Hold. Therefore 56% are positive. Red Robin Gourmet Burgers had 36 analyst reports since August 27, 2015 according to SRatingsIntel. On Friday, June 17 the stock rating was maintained by Maxim Group with “Buy”. The stock of Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) has “Buy” rating given on Friday, September 11 by Maxim Group. Jefferies maintained Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) on Monday, September 11 with “Hold” rating. The rating was maintained by Maxim Group with “Buy” on Thursday, April 21. Maxim Group maintained it with “Buy” rating and $70 target in Thursday, January 12 report. The firm has “Buy” rating by Canaccord Genuity given on Friday, May 26. The rating was downgraded by Bank of America on Tuesday, September 13 to “Underperform”. As per Tuesday, February 16, the company rating was maintained by Jefferies. BTIG Research maintained the stock with “Buy” rating in Tuesday, November 7 report. On Thursday, August 27 the stock rating was downgraded by Zacks to “Buy”.

Investors sentiment decreased to 1.33 in 2017 Q2. Its down 0.16, from 1.49 in 2017Q1. It dropped, as 20 investors sold RRGB shares while 50 reduced holdings. 41 funds opened positions while 52 raised stakes. 16.00 million shares or 1.08% less from 16.18 million shares in 2017Q1 were reported. Benjamin F Edwards And Inc, a Missouri-based fund reported 2,127 shares. North Star Investment Management invested in 0% or 100 shares. Natl Bank Of New York Mellon accumulated 0% or 184,735 shares. Ameriprise Financial Inc holds 0.02% of its portfolio in Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) for 759,605 shares. Wellington Mngmt Gp Limited Liability Partnership owns 322,044 shares. Metropolitan Life Ins owns 8,727 shares. 150 were accumulated by Panagora Asset. Envestnet Asset Inc owns 1,205 shares for 0% of their portfolio. Nationwide Fund stated it has 0% of its portfolio in Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB). Invesco Limited stated it has 92,210 shares. Moreover, Us Natl Bank De has 0% invested in Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB). Moreover, Great West Life Assurance Commerce Can has 0% invested in Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB). Caldwell & Orkin invested in 15,300 shares or 1.24% of the stock. Clarivest Asset Ltd Company holds 0% of its portfolio in Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) for 1,604 shares. Sg Americas Secs Limited, a New York-based fund reported 29,795 shares.

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