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Welch Group Has Increased Its Stake in Intl Business Machines (IBM) by $551,435 as Stock Declined; As Alliance Data Systems (ADS) Market Value Rose, Westpac Banking Has Decreased Its Holding

Westpac Banking Corp decreased its stake in Alliance Data Systems Corp (ADS) by 44.46% based on its latest 2017Q3 regulatory filing with the SEC. Westpac Banking Corp sold 2,605 shares as the company’s stock rose 0.06% with the market. The institutional investor held 3,254 shares of the business services company at the end of 2017Q3, valued at $720,000, down from 5,859 at the end of the previous reported quarter. Westpac Banking Corp who had been investing in Alliance Data Systems Corp for a number of months, seems to be less bullish one the $14.47 billion market cap company. The stock increased 2.30% or $5.88 during the last trading session, reaching $261.82. About 692,298 shares traded or 34.67% up from the average. Alliance Data Systems Corporation (NYSE:ADS) has risen 14.47% since January 21, 2017 and is uptrending. It has underperformed by 2.23% the S&P500.

Welch Group Llc increased its stake in Intl Business Machines (IBM) by 3.75% based on its latest 2017Q3 regulatory filing with the SEC. Welch Group Llc bought 3,803 shares as the company’s stock declined 15.88% while stock markets rallied. The institutional investor held 105,095 shares of the computer manufacturing company at the end of 2017Q3, valued at $15.25 million, up from 101,292 at the end of the previous reported quarter. Welch Group Llc who had been investing in Intl Business Machines for a number of months, seems to be bullish on the $150.32B market cap company. The stock decreased 3.99% or $6.75 during the last trading session, reaching $162.37. About 21.17 million shares traded or 302.33% up from the average. International Business Machines Corporation (NYSE:IBM) has risen 4.86% since January 21, 2017 and is uptrending. It has underperformed by 11.84% the S&P500.

Analysts await Alliance Data Systems Corporation (NYSE:ADS) to report earnings on January, 25. They expect $4.78 EPS, up 7.42% or $0.33 from last year’s $4.45 per share. ADS’s profit will be $264.08 million for 13.69 P/E if the $4.78 EPS becomes a reality. After $5.16 actual EPS reported by Alliance Data Systems Corporation for the previous quarter, Wall Street now forecasts -7.36% negative EPS growth.

Investors sentiment increased to 0.93 in Q3 2017. Its up 0.08, from 0.85 in 2017Q2. It is positive, as 46 investors sold ADS shares while 163 reduced holdings. 48 funds opened positions while 146 raised stakes. 50.97 million shares or 2.32% less from 52.18 million shares in 2017Q2 were reported. Frontier Limited Liability holds 258,275 shares. Howe And Rusling Inc invested in 18 shares or 0% of the stock. Park West Asset Mgmt Limited Liability reported 76,872 shares stake. Apg Asset Management Nv accumulated 33,249 shares. New Mexico Educational Retirement Board accumulated 4,400 shares or 0.05% of the stock. Texas Permanent School Fund holds 0.04% or 13,377 shares in its portfolio. Gateway Invest Advisers Limited Liability Company reported 12,203 shares. Financial Engines Limited Liability Com holds 0.01% or 1,205 shares in its portfolio. Burney Commerce reported 0.13% in Alliance Data Systems Corporation (NYSE:ADS). Pub Employees Retirement System Of Ohio invested in 30,733 shares. Moreover, Liberty Mutual Gru Asset has 0.03% invested in Alliance Data Systems Corporation (NYSE:ADS). Manufacturers Life Ins The has invested 0.01% in Alliance Data Systems Corporation (NYSE:ADS). Hsbc Holdg Public Ltd Company has 0.01% invested in Alliance Data Systems Corporation (NYSE:ADS). Brown Brothers Harriman And holds 100 shares. Retirement Of Alabama has invested 0.03% in Alliance Data Systems Corporation (NYSE:ADS).

Among 32 analysts covering Alliance Data Systems (NYSE:ADS), 18 have Buy rating, 3 Sell and 11 Hold. Therefore 56% are positive. Alliance Data Systems had 74 analyst reports since August 9, 2015 according to SRatingsIntel. On Wednesday, January 17 the stock rating was maintained by Credit Suisse with “Sell”. On Monday, September 26 the stock rating was downgraded by Pacific Crest to “Sector Weight”. RBC Capital Markets maintained it with “Outperform” rating and $287 target in Friday, January 29 report. Deutsche Bank maintained Alliance Data Systems Corporation (NYSE:ADS) rating on Sunday, August 9. Deutsche Bank has “Buy” rating and $341 target. The firm has “Hold” rating by Robert W. Baird given on Friday, October 13. The stock of Alliance Data Systems Corporation (NYSE:ADS) has “Underperform” rating given on Wednesday, April 12 by IBC. The stock of Alliance Data Systems Corporation (NYSE:ADS) has “Hold” rating given on Wednesday, November 15 by Robert W. Baird. The stock of Alliance Data Systems Corporation (NYSE:ADS) earned “Buy” rating by RBC Capital Markets on Thursday, November 2. Zacks upgraded it to “Buy” rating and $285 target in Thursday, September 17 report. The firm earned “Buy” rating on Thursday, August 20 by Stifel Nicolaus.

Westpac Banking Corp, which manages about $4.54 billion US Long portfolio, upped its stake in Union Pac Corp (NYSE:UNP) by 33,953 shares to 89,598 shares, valued at $10.39M in 2017Q3, according to the filing. It also increased its holding in Star Bulk Carriers Corp by 34,400 shares in the quarter, for a total of 66,220 shares, and has risen its stake in Verizon Communications Inc (NYSE:VZ).

Welch Group Llc, which manages about $645.12M and $598.14M US Long portfolio, decreased its stake in Lockheed Martin Corp (NYSE:LMT) by 2,074 shares to 64,672 shares, valued at $20.07 million in 2017Q3, according to the filing. It also reduced its holding in Mc Donalds Corp (NYSE:MCD) by 5,675 shares in the quarter, leaving it with 123,234 shares, and cut its stake in Abbvie Inc Com Usd0.01 (NYSE:ABBV).

Investors sentiment increased to 0.74 in 2017 Q3. Its up 0.02, from 0.72 in 2017Q2. It increased, 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. Lakeview Partners Limited Com holds 0.43% or 3,743 shares. Klingenstein Fields Ltd Liability Corporation has invested 0.59% in International Business Machines Corporation (NYSE:IBM). Nine Chapters Management Ltd Liability Co owns 4,900 shares or 1.57% of their US portfolio. Yhb Invest Advsrs Inc owns 6,398 shares. 7,450 are held by Ipswich Inv Management. Cypress Grp has 10,995 shares. Caxton Associate Limited Partnership reported 4,200 shares. Community Bancorp Na invested in 2.07% or 129,509 shares. Hendershot Investments owns 2,699 shares. First Commonwealth Corporation Pa, Pennsylvania-based fund reported 1,725 shares. Capstone Advsrs Limited Liability Corporation reported 586 shares. Hutchinson Mngmt Ca stated it has 3,089 shares. Edmp invested in 11,022 shares or 1.44% of the stock. Agf Invests has 425,488 shares. Narwhal Management holds 0.74% of its portfolio in International Business Machines Corporation (NYSE:IBM) for 20,715 shares.

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 121 analyst reports since July 21, 2015 according to SRatingsIntel. As per Wednesday, October 18, the company rating was maintained by Barclays Capital. Goldman Sachs maintained International Business Machines Corporation (NYSE:IBM) rating on Tuesday, October 18. Goldman Sachs has “Neutral” rating and $145 target. The stock has “Hold” rating by BMO Capital Markets on Wednesday, August 30. Morgan Stanley maintained it with “Overweight” rating and $182 target in Tuesday, July 19 report. On Wednesday, September 20 the stock rating was maintained by Jefferies with “Sell”. The rating was upgraded by Barclays Capital on Wednesday, January 17 to “Overweight”. The rating was maintained by Morgan Stanley on Wednesday, August 23 with “Buy”. The stock of International Business Machines Corporation (NYSE:IBM) earned “Underperform” rating by Credit Suisse on Tuesday, July 19. RBC Capital Markets maintained the stock with “Sector Perform” rating in Friday, January 15 report. The rating was maintained by RBC Capital Markets on Tuesday, July 11 with “Hold”.

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