Holder Ion Asset Management LTD Has Raised Wix (WIX) Position; Skba Capital Management Has Lifted Its Stake in International Business Machs (IBM) by $2.81 Million as Stock Declined

February 20, 2018 - By Henry Gaston

Skba Capital Management Llc increased its stake in International Business Machs (IBM) by 26.07% based on its latest 2017Q3 regulatory filing with the SEC. Skba Capital Management Llc bought 19,400 shares as the company’s stock declined 15.88% while stock markets rallied. The institutional investor held 93,810 shares of the computer manufacturing company at the end of 2017Q3, valued at $13.61 million, up from 74,410 at the end of the previous reported quarter. Skba Capital Management Llc who had been investing in International Business Machs for a number of months, seems to be bullish on the $143.29B market cap company. The stock decreased 0.90% or $1.41 during the last trading session, reaching $154.77. About 489,514 shares traded. International Business Machines Corporation (NYSE:IBM) has risen 4.86% since February 20, 2017 and is uptrending. It has underperformed by 11.84% the S&P500.

Bart Baum increased its stake in Wix (WIX) by 19.34% based on its latest 2017Q3 regulatory filing with the SEC. Ion Asset Management Ltd bought 43,734 shares as the company’s stock rose 15.82% with the market. The hedge fund run by Bart Baum held 269,837 shares of the programming company at the end of 2017Q3, valued at $19.39M, up from 226,103 at the end of the previous reported quarter. Ion Asset Management Ltd who had been investing in Wix for a number of months, seems to be bullish on the $3.43 billion market cap company. The stock decreased 0.20% or $0.15 during the last trading session, reaching $75.45. About 125,304 shares traded. Wix.com Ltd. (NASDAQ:WIX) has risen 188.42% since February 20, 2017 and is uptrending. It has outperformed by 171.72% the S&P500.

Since January 31, 2018, it had 1 buying transaction, and 0 selling transactions for $99,659 activity.

Investors sentiment increased to 0.74 in Q3 2017. Its up 0.02, from 0.72 in 2017Q2. It is positive, as 70 investors sold IBM 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. Eqis Cap Mngmt owns 16,116 shares. Price T Rowe Md holds 0.04% of its portfolio in International Business Machines Corporation (NYSE:IBM) for 1.55M shares. One National Association holds 0.12% or 11,703 shares. Profund Advisors Ltd Liability Corporation holds 0.21% in International Business Machines Corporation (NYSE:IBM) or 34,849 shares. Poplar Forest Llc has invested 2.16% of its portfolio in International Business Machines Corporation (NYSE:IBM). Honeywell reported 0.93% stake. New Mexico Educational Retirement Board owns 79,447 shares or 0.55% of their US portfolio. Check Mgmt Ca has 1.93% invested in International Business Machines Corporation (NYSE:IBM) for 445,170 shares. First Citizens Bancorporation And Co has invested 0.12% of its portfolio in International Business Machines Corporation (NYSE:IBM). Peak Asset Management Ltd Limited Liability Company has invested 0.17% in International Business Machines Corporation (NYSE:IBM). Schnieders Ltd owns 1.01% invested in International Business Machines Corporation (NYSE:IBM) for 15,880 shares. Sabal Company invested in 0.06% or 3,941 shares. Rampart Investment Mngmt Limited Liability Corporation has 0.57% invested in International Business Machines Corporation (NYSE:IBM) for 11,606 shares. 17,504 were accumulated by Jones Lllp. Meiji Yasuda Life Insurance Company reported 13,745 shares or 0.29% of all its holdings.

Skba Capital Management Llc, which manages about $958.13 million and $695.89 million US Long portfolio, decreased its stake in Helmerich & Payne Inc (NYSE:HP) by 7,800 shares to 172,700 shares, valued at $9.00M in 2017Q3, according to the filing. It also reduced its holding in Occidental Pete Corp Del (NYSE:OXY) by 52,850 shares in the quarter, leaving it with 358,550 shares, and cut its stake in Fidelity National Financial (NYSE:FNF).

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 123 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Overweight” rating given on Tuesday, October 18 by Morgan Stanley. As per Tuesday, October 20, the company rating was maintained by Stifel Nicolaus. The firm has “Underperform” rating given on Tuesday, July 19 by Credit Suisse. GBH Insights maintained the shares of IBM in report on Thursday, January 18 with “Buy” rating. The stock of International Business Machines Corporation (NYSE:IBM) has “Market Perform” rating given on Tuesday, July 19 by Bernstein. Barclays Capital initiated International Business Machines Corporation (NYSE:IBM) rating on Wednesday, October 14. Barclays Capital has “Underweight” rating and $146 target. The firm has “Neutral” rating given on Wednesday, January 4 by Guggenheim. Bank of America upgraded the shares of IBM in report on Thursday, November 10 to “Buy” rating. The stock has “Hold” rating by Deutsche Bank on Tuesday, October 20. Jefferies maintained International Business Machines Corporation (NYSE:IBM) rating on Tuesday, July 19. Jefferies has “Underperform” rating and $125 target.

Investors sentiment increased to 0.96 in 2017 Q3. Its up 0.15, from 0.81 in 2017Q2. It is positive, as 37 investors sold WIX shares while 35 reduced holdings. 18 funds opened positions while 51 raised stakes. 34.13 million shares or 14.13% more from 29.90 million shares in 2017Q2 were reported. Barclays Public Limited Company has 85,837 shares for 0.01% of their portfolio. Massachusetts Svcs Ma invested in 0% or 114,039 shares. 45,058 were accumulated by Schroder Management Grp. Capital World accumulated 0.02% or 1.04M shares. 11,332 were accumulated by Tudor Inv Corp Et Al. Ems Cap LP holds 2.51% or 420,000 shares. Vanguard holds 0% in Wix.com Ltd. (NASDAQ:WIX) or 338,738 shares. Pnc has 0% invested in Wix.com Ltd. (NASDAQ:WIX). Tiaa Cref Investment Ltd Llc reported 41,039 shares. The United Kingdom-based Legal And General Grp Inc Pcl has invested 0% in Wix.com Ltd. (NASDAQ:WIX). Citigroup reported 64,080 shares stake. Ameriprise Fincl Inc stated it has 0% of its portfolio in Wix.com Ltd. (NASDAQ:WIX). 3,546 were reported by Eqis Cap. Coatue Management Ltd Liability Com reported 0.23% in Wix.com Ltd. (NASDAQ:WIX). 22,879 are held by Hbk Lp.

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