As International Business Machs (IBM) Shares Declined, Vnbtrust National Association Has Lifted by $302,175 Its Position; As Daktronics (DAKT) Market Valuation Declined, Systematic Financial Management LP Raised by $1.39 Million Its Stake

May 27, 2018 - By Hazel Jackson

Daktronics, Inc. (NASDAQ:DAKT) Logo

Systematic Financial Management Lp increased its stake in Daktronics Inc. (DAKT) by 68.81% based on its latest 2017Q4 regulatory filing with the SEC. Systematic Financial Management Lp bought 154,258 shares as the company’s stock declined 4.64% with the market. The institutional investor held 378,450 shares of the consumer durables company at the end of 2017Q4, valued at $3.46 million, up from 224,192 at the end of the previous reported quarter. Systematic Financial Management Lp who had been investing in Daktronics Inc. for a number of months, seems to be bullish on the $438.52M market cap company. The stock decreased 0.20% or $0.02 during the last trading session, reaching $9.86. About 106,414 shares traded. Daktronics, Inc. (NASDAQ:DAKT) has declined 3.39% since May 27, 2017 and is downtrending. It has underperformed by 14.94% the S&P500.

Vnbtrust National Association increased its stake in International Business Machs (IBM) by 14.06% based on its latest 2017Q4 regulatory filing with the SEC. Vnbtrust National Association bought 1,975 shares as the company’s stock declined 0.39% with the market. The institutional investor held 16,020 shares of the computer manufacturing company at the end of 2017Q4, valued at $2.46M, up from 14,045 at the end of the previous reported quarter. Vnbtrust National Association who had been investing in International Business Machs 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 4.91M shares traded or 4.13% up from the average. International Business Machines Corporation (NYSE:IBM) has declined 12.58% since May 27, 2017 and is downtrending. It has underperformed by 24.13% the S&P500.

More notable recent International Business Machines Corporation (NYSE:IBM) news were published by: Fool.com which released: “Better Buy: International Business Machines (IBM) vs. Oracle (ORCL)” on May 09, 2018, also Benzinga.com with their article: “IBM CTO Tom Eck Shares Startup Pitch Advice At Benzinga Global Fintech Awards” published on May 16, 2018, Seekingalpha.com published: “IBM will hire 1800 in France” on May 23, 2018. More interesting news about International Business Machines Corporation (NYSE:IBM) were released by: Seekingalpha.com and their article: “3 Reasons IBM Is The Right Dividend Stock For Your Portfolio” published on May 15, 2018 as well as Prnewswire.com‘s news article titled: “IBM Leads ‘Call for Code’ to Use Cloud, Data, AI, Blockchain for Natural Disaster Relief” with publication date: May 24, 2018.

Investors sentiment increased to 1.03 in Q4 2017. Its up 0.29, from 0.74 in 2017Q3. It increased, 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. Moreover, Williams Jones Ltd has 0.19% invested in International Business Machines Corporation (NYSE:IBM) for 53,588 shares. Rockland Trust Company invested in 0.24% or 12,360 shares. Budros Ruhlin Roe stated it has 0.34% in International Business Machines Corporation (NYSE:IBM). London Com Of Virginia holds 0.01% of its portfolio in International Business Machines Corporation (NYSE:IBM) for 10,877 shares. Mitchell Sinkler & Starr Pa has invested 0.34% in International Business Machines Corporation (NYSE:IBM). Credit Suisse Ag invested 0.29% of its portfolio in International Business Machines Corporation (NYSE:IBM). Holderness, a North Carolina-based fund reported 14,189 shares. Nuwave Invest Mngmt Limited Liability has invested 0% in International Business Machines Corporation (NYSE:IBM). Kcm Advsrs Ltd Liability has invested 0.21% in International Business Machines Corporation (NYSE:IBM). New England Professional Planning Group has invested 0.27% in International Business Machines Corporation (NYSE:IBM). Professional Advisory Svcs owns 4,099 shares or 0.13% of their US portfolio. Pinebridge Investments Lp invested 0.72% of its portfolio in International Business Machines Corporation (NYSE:IBM). Viking Fund Mngmt Limited Liability has 25,000 shares. Aureus Asset Mgmt Ltd Liability Company invested 0.09% in International Business Machines Corporation (NYSE:IBM). Retail Bank Of Hawaii owns 5,535 shares.

Since January 31, 2018, it had 1 buying transaction, and 2 selling transactions for $2.69 million activity. $2.01M worth of International Business Machines Corporation (NYSE:IBM) shares were sold by Clementi Erich. Shares for $780,000 were sold by Gherson Diane J on Monday, February 26.

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. The firm has “Underperform” rating given on Tuesday, July 19 by Credit Suisse. The firm earned “Hold” rating on Thursday, August 3 by Wedbush. The stock of International Business Machines Corporation (NYSE:IBM) earned “Buy” rating by Stifel Nicolaus on Thursday, October 5. The stock of International Business Machines Corporation (NYSE:IBM) earned “Sell” rating by Societe Generale on Friday, January 19. Bank of America maintained the shares of IBM in report on Thursday, January 18 with “Buy” rating. The stock of International Business Machines Corporation (NYSE:IBM) earned “Hold” rating by KeyBanc Capital Markets on Tuesday, August 22. The firm earned “Buy” rating on Tuesday, April 19 by Drexel Hamilton. Argus Research upgraded it to “Buy” rating and $175 target in Wednesday, August 26 report. The company was maintained on Sunday, November 26 by BMO Capital Markets. The firm has “Underperform” rating given on Wednesday, October 12 by Credit Suisse.

Vnbtrust National Association, which manages about $171.43M US Long portfolio, decreased its stake in Hudson Technologies Inc (NASDAQ:HDSN) by 121,020 shares to 803,498 shares, valued at $4.88M in 2017Q4, according to the filing.

More news for Daktronics, Inc. (NASDAQ:DAKT) were recently published by: Nasdaq.com, which released: “Daktronics, Inc. to Release Fourth Quarter and Fiscal 2018 Financial Results” on May 05, 2018. Globenewswire.com‘s article titled: “Daktronics Expands Product Offering for Convenience Stores” and published on May 08, 2018 is yet another important article.

Investors sentiment increased to 1.57 in Q4 2017. Its up 0.21, from 1.36 in 2017Q3. It improved, as 7 investors sold DAKT shares while 35 reduced holdings. 22 funds opened positions while 44 raised stakes. 23.43 million shares or 4.05% more from 22.52 million shares in 2017Q3 were reported. Globeflex Cap Limited Partnership accumulated 0.02% or 9,756 shares. 13,800 were accumulated by Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Investment Mgmt Corporation. Secor Capital LP has 27,248 shares. 1,311 were accumulated by Ls Invest Advsrs Ltd Liability Company. Tudor Inv Et Al stated it has 36,303 shares. Fdx Advsrs owns 10,292 shares. Millennium Management Ltd, New York-based fund reported 483,998 shares. Parametric Port Associates Llc has 68,862 shares for 0% of their portfolio. California State Teachers Retirement Systems has 0% invested in Daktronics, Inc. (NASDAQ:DAKT). Comerica Bancorporation has 39,917 shares for 0% of their portfolio. Mondrian Inv Limited accumulated 327,578 shares. Vanguard Grp Inc has 0% invested in Daktronics, Inc. (NASDAQ:DAKT). Spark Inv Management Llc invested 0.07% in Daktronics, Inc. (NASDAQ:DAKT). Geode Capital Management Ltd Company holds 0% or 321,231 shares in its portfolio. Farmers Merchants Invests stated it has 2,615 shares.

Daktronics, Inc. (NASDAQ:DAKT) Institutional Positions Chart

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