Stock News

Moon Capital Management Decreased International Business Machs (IBM) Position By $30.69 Million; Lomas Capital Management Has Cut First Rep Bk San Francisco C (FRC) Position By $1.57 Million

First Republic Bank (NYSE:FRC) Logo

Lomas Capital Management Llc decreased First Rep Bk San Francisco C (FRC) stake by 22.18% reported in 2018Q1 SEC filing. Lomas Capital Management Llc sold 17,111 shares as First Rep Bk San Francisco C (FRC)’s stock rose 4.55%. The Lomas Capital Management Llc holds 60,020 shares with $5.56M value, down from 77,131 last quarter. First Rep Bk San Francisco C now has $16.31 billion valuation. The stock increased 0.92% or $0.92 during the last trading session, reaching $100.67. About 846,819 shares traded. First Republic Bank (NYSE:FRC) has risen 7.17% since June 20, 2017 and is uptrending. It has underperformed by 5.40% the S&P500. Some Historical FRC News: ; 05/03/2018 – Trump’s Attorney Michael Cohen Tried to Reach Trump Before Paying Stormy Daniels; 29/03/2018 – Moody’s assigns definitive ratings to Prime RMBS issued by J.P. Morgan Mortgage Trust 2018-3; 26/03/2018 – FIRST REPUBLIC BANK FRC.N : BMO RAISES TARGET PRICE TO $96 FROM $93; 13/04/2018 – First Republic Bank 1Q Rev $720.9M; 22/03/2018 – FIRST REPUBLIC BANK FRC.N : UBS STARTS WITH NEUTRAL RATING: TARGET PRICE $100; 22/04/2018 – DJ First Republic Bank, Inst Holders, 1Q 2018 (FRC); 12/04/2018 – First Republic Bank Chmn and CEO Jim Herbert Appointed to Federal Reserve System’s Federal Advisory Council; 04/05/2018 – Moody’s takes action on $91.2 Million of Prime Jumbo RMBS issued from 2015 to 2016; 06/03/2018 – First Republic Volume Rises More Than Triple 20 Day Average; 14/05/2018 – Wealth Managers Join First Republic in San Francisco and Boston

Moon Capital Management Llc decreased International Business Machs (IBM) stake by 7.41% reported in 2018Q1 SEC filing. Moon Capital Management Llc sold 200 shares as International Business Machs (IBM)’s stock declined 9.42%. The Moon Capital Management Llc holds 2,500 shares with $383.58 million value, down from 2,700 last quarter. International Business Machs now has $132.10 billion valuation. The stock decreased 0.40% or $0.58 during the last trading session, reaching $143.9. About 3.49M shares traded. International Business Machines Corporation (NYSE:IBM) has declined 6.24% since June 20, 2017 and is downtrending. It has underperformed by 18.81% the S&P500. Some Historical IBM News: ; 06/03/2018 – Wandera Joins MaaS360 on IBM Security App Exchange with Mobile Security Integration; 05/03/2018 IBM IBM.N SAYS SETTLES TRADE SECRETS LAWSUIT AGAINST DIVERSITY EXECUTIVE HIRED BY MICROSOFT CORP MSFT.O; 08/03/2018 – IBM Gave Presentation at Investor Briefing; 20/03/2018 – IBM CEO: Companies should self-regulate on privacy; 03/04/2018 – IBM Selects FANDOM SPORTS for Exclusive Blockchain Digital Mentorship Program; 22/05/2018 – Apollo Hospitals Adopts IBM Watson for Oncology and IBM Watson for Genomics to Help Physicians Make Data-Driven Cancer Care Decisions; 17/04/2018 – Correction to IBM Earnings Story; 22/03/2018 – Accenture has spent more than $3 billion over the last three, years nearly half of it in fiscal 2017 on some 70 acquisitions, to boost its digital and cloud services in order to compete better with Cognizant and IBM; 23/05/2018 – ♫ Reuters Insider – Macron tells tech CEOs to give more to society; 19/04/2018 – IBM Bond Trading 2x Average; Clients Net Buyers

Since January 31, 2018, it had 1 buy, and 2 sales for $2.69 million activity. Another trade for 13,000 shares valued at $2.01M was made by Clementi Erich on Friday, February 23. $780,000 worth of International Business Machines Corporation (NYSE:IBM) was sold by Gherson Diane J. $99,659 worth of International Business Machines Corporation (NYSE:IBM) shares were bought by WADDELL FREDERICK H.

More notable recent International Business Machines Corporation (NYSE:IBM) news were published by: Fool.com which released: “Better Buy: Microsoft Corporation vs. IBM” on June 19, 2018, also Seekingalpha.com with their article: “IBM: Not Worth It” published on June 14, 2018, Seekingalpha.com published: “IBM: Unimpressive And Overpriced” on June 05, 2018. More interesting news about International Business Machines Corporation (NYSE:IBM) were released by: Seekingalpha.com and their article: “IBM: A Long Work-In-Progress” published on June 14, 2018 as well as 247Wallst.com‘s news article titled: “New IBM Product Can Debate Humans but Can’t Turn Around the Company” with publication date: June 19, 2018.

Analysts await International Business Machines Corporation (NYSE:IBM) to report earnings on July, 17. They expect $3.03 earnings per share, up 2.02% or $0.06 from last year’s $2.97 per share. IBM’s profit will be $2.78 billion for 11.87 P/E if the $3.03 EPS becomes a reality. After $2.45 actual earnings per share reported by International Business Machines Corporation for the previous quarter, Wall Street now forecasts 23.67% EPS growth.

Investors sentiment increased to 1.11 in Q1 2018. Its up 0.08, from 1.03 in 2017Q4. It improved, as 60 investors sold IBM shares while 560 reduced holdings. 117 funds opened positions while 570 raised stakes. 501.15 million shares or 0.58% less from 504.07 million shares in 2017Q4 were reported. Cap Ww Invsts invested 0.13% in International Business Machines Corporation (NYSE:IBM). Check Management Inc Ca reported 2.01% in International Business Machines Corporation (NYSE:IBM). Strategic Wealth Advisors Gp Ltd Com stated it has 10,569 shares. Murphy Management reported 38,201 shares. Brinker Capital invested in 0.06% or 9,685 shares. Sterneck Mngmt Llc reported 28,227 shares. Wolverine Asset Mgmt Limited Liability Com invested in 0.03% or 13,226 shares. Massachusetts-based Boston Research Mgmt has invested 0.31% in International Business Machines Corporation (NYSE:IBM). Alyeska Investment Group LP reported 1.01 million shares. Bbva Compass Bankshares Inc reported 18,978 shares or 0.19% of all its holdings. Catalyst Cap Advsrs Limited Liability Corp holds 0.02% of its portfolio in International Business Machines Corporation (NYSE:IBM) for 4,041 shares. Pacifica Investments Lc reported 0.15% in International Business Machines Corporation (NYSE:IBM). Shelter Mutual holds 3.03% of its portfolio in International Business Machines Corporation (NYSE:IBM) for 66,100 shares. Mackay Shields Lc stated it has 0.42% in International Business Machines Corporation (NYSE:IBM). Rothschild Inv Corp Il holds 20,365 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 129 analyst reports since July 21, 2015 according to SRatingsIntel. Stifel Nicolaus maintained the stock with “Buy” rating in Friday, March 9 report. Deutsche Bank maintained International Business Machines Corporation (NYSE:IBM) rating on Wednesday, January 20. Deutsche Bank has “Hold” rating and $135 target. Jefferies maintained International Business Machines Corporation (NYSE:IBM) on Thursday, June 22 with “Sell” rating. The firm earned “Sector Perform” rating on Tuesday, October 20 by RBC Capital Markets. Guggenheim maintained the shares of IBM in report on Thursday, July 13 with “Hold” rating. The stock of International Business Machines Corporation (NYSE:IBM) earned “Neutral” rating by Guggenheim on Wednesday, January 4. Bernstein maintained the shares of IBM in report on Wednesday, April 12 with “Market Perform” rating. The firm has “Neutral” rating by Citigroup given on Tuesday, October 18. Morgan Stanley maintained it with “Buy” rating and $198.0 target in Friday, March 9 report. On Tuesday, July 19 the stock rating was maintained by Citigroup with “Neutral”.

Moon Capital Management Llc increased Leucadia Natl Corp (NYSE:LUK) stake by 558 shares to 176,590 valued at $4.01B in 2018Q1. It also upped Cvs Health Corp (NYSE:CVS) stake by 160 shares and now owns 54,840 shares. Liberty Global Plc (NASDAQ:LBTYK) was raised too.

Among 21 analysts covering First Republic Bank (NYSE:FRC), 10 have Buy rating, 0 Sell and 11 Hold. Therefore 48% are positive. First Republic Bank had 89 analyst reports since October 6, 2015 according to SRatingsIntel. Jefferies maintained First Republic Bank (NYSE:FRC) on Wednesday, April 18 with “Hold” rating. The company was upgraded on Tuesday, March 6 by Barclays Capital. On Thursday, January 4 the stock rating was maintained by Maxim Group with “Buy”. Maxim Group maintained First Republic Bank (NYSE:FRC) on Tuesday, January 16 with “Buy” rating. Piper Jaffray maintained it with “Hold” rating and $99.0 target in Friday, September 1 report. The stock of First Republic Bank (NYSE:FRC) has “Buy” rating given on Friday, June 9 by Jefferies. The rating was downgraded by Morgan Stanley on Wednesday, November 16 to “Equal-Weight”. Piper Jaffray maintained First Republic Bank (NYSE:FRC) rating on Monday, July 10. Piper Jaffray has “Hold” rating and $9700 target. The company was maintained on Thursday, August 11 by Barclays Capital. RBC Capital Markets maintained First Republic Bank (NYSE:FRC) on Friday, October 13 with “Hold” rating.

Analysts await First Republic Bank (NYSE:FRC) to report earnings on July, 13. They expect $1.15 EPS, up 8.49% or $0.09 from last year’s $1.06 per share. FRC’s profit will be $186.28 million for 21.88 P/E if the $1.15 EPS becomes a reality. After $1.13 actual EPS reported by First Republic Bank for the previous quarter, Wall Street now forecasts 1.77% EPS growth.

More notable recent First Republic Bank (NYSE:FRC) news were published by: Seekingalpha.com which released: “First Republic Bank: This 5.50% Preferred Stock Has Begun Trading On The NYSE” on June 13, 2018, also Streetinsider.com with their article: “Citi Starts First Republic Bank (FRC) at Buy” published on June 18, 2018, Globenewswire.com published: “Report: Developing Opportunities within Cimarex Energy, MSCI, Prestige Brand, MGM Resorts International, Discover …” on June 12, 2018. More interesting news about First Republic Bank (NYSE:FRC) were released by: Benzinga.com and their article: “Benzinga’s Top Upgrades, Downgrades For June 18, 2018” published on June 18, 2018 as well as Seekingalpha.com‘s news article titled: “First Republic reports pricing of $300M preferred stock offering” with publication date: June 05, 2018.

Lomas Capital Management Llc increased Cannae Hldgs Inc stake by 704,962 shares to 1.21M valued at $22.86M in 2018Q1. It also upped Take (NASDAQ:TTWO) stake by 73,541 shares and now owns 381,849 shares. Alibaba Group Hldg Ltd (NYSE:BABA) was raised too.

International Business Machines Corporation (NYSE:IBM) Institutional Positions Chart

Leave a Reply

Your email address will not be published. Required fields are marked *