Seabridge Investment Advisors Has Lifted Its Int’l Bus Machines (IBM) Holding; Clark Capital Management Group Upped Its Chevron New (CVX) Position

February 15, 2018 - By Dolores Ford

Seabridge Investment Advisors Llc increased Int’l Bus Machines (IBM) stake by 13.09% reported in 2017Q3 SEC filing. Seabridge Investment Advisors Llc acquired 10,055 shares as Int’l Bus Machines (IBM)’s stock declined 15.88%. The Seabridge Investment Advisors Llc holds 86,873 shares with $12.60 million value, up from 76,818 last quarter. Int’l Bus Machines now has $143.46 billion valuation. The stock increased 0.13% or $0.2 during the last trading session, reaching $154.96. About 1.05 million shares traded. International Business Machines Corporation (NYSE:IBM) has risen 4.86% since February 15, 2017 and is uptrending. It has underperformed by 11.84% the S&P500.

Clark Capital Management Group Inc increased Chevron Corp New (CVX) stake by 371.99% reported in 2017Q3 SEC filing. Clark Capital Management Group Inc acquired 136,242 shares as Chevron Corp New (CVX)’s stock declined 3.45%. The Clark Capital Management Group Inc holds 172,867 shares with $20.31M value, up from 36,625 last quarter. Chevron Corp New now has $212.14B valuation. The stock decreased 0.73% or $0.82 during the last trading session, reaching $111.69. About 1.04 million shares traded. Chevron Corporation (NYSE:CVX) has risen 6.68% since February 15, 2017 and is uptrending. It has underperformed by 10.02% the S&P500.

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. Tompkins Fin holds 0.81% or 23,500 shares. Crossvault Management Lc has invested 0.67% of its portfolio in International Business Machines Corporation (NYSE:IBM). Bradley Foster Sargent Ct reported 67,714 shares. Papp L Roy & Associates holds 0.4% or 12,845 shares in its portfolio. Old Mutual Glob Investors (Uk) Ltd reported 0.01% of its portfolio in International Business Machines Corporation (NYSE:IBM). Gradient Invs Ltd Liability Corp holds 0.46% of its portfolio in International Business Machines Corporation (NYSE:IBM) for 49,688 shares. Foster Dykema Cabot Inc Ma holds 0.23% of its portfolio in International Business Machines Corporation (NYSE:IBM) for 9,156 shares. Cohen Klingenstein Limited invested 0.83% of its portfolio in International Business Machines Corporation (NYSE:IBM). Boyar Asset Management holds 0.17% of its portfolio in International Business Machines Corporation (NYSE:IBM) for 1,542 shares. 1,250 were reported by Bollard Grp Limited Liability Company. Old Mutual Customised Solutions (Proprietary) Ltd has invested 0.71% of its portfolio in International Business Machines Corporation (NYSE:IBM). Ariel Investments Ltd Liability holds 46,964 shares. Prudential owns 0.31% invested in International Business Machines Corporation (NYSE:IBM) for 1.30M shares. Van Strum Towne Inc has invested 2.84% of its portfolio in International Business Machines Corporation (NYSE:IBM). Toth Fincl Advisory holds 0.46% of its portfolio in International Business Machines Corporation (NYSE:IBM) for 12,433 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 123 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Overweight” rating given on Thursday, February 18 by Morgan Stanley. The rating was maintained by GBH Insights on Thursday, January 18 with “Buy”. BMO Capital Markets maintained International Business Machines Corporation (NYSE:IBM) rating on Tuesday, June 27. BMO Capital Markets has “Hold” rating and $16500 target. The company was maintained on Wednesday, January 20 by Deutsche Bank. Morgan Stanley maintained International Business Machines Corporation (NYSE:IBM) rating on Tuesday, July 19. Morgan Stanley has “Overweight” rating and $182 target. As per Friday, July 14, the company rating was maintained by Drexel Hamilton. The firm has “Buy” rating given on Wednesday, August 23 by Morgan Stanley. The firm earned “Neutral” rating on Tuesday, April 19 by JP Morgan. The firm has “Buy” rating by Stifel Nicolaus given on Tuesday, October 20. The company was maintained on Friday, January 19 by Societe Generale.

Since January 31, 2018, it had 1 buying transaction, and 0 selling transactions for $99,659 activity. WADDELL FREDERICK H bought 610 shares worth $99,659.

Among 34 analysts covering Chevron Corporation (NYSE:CVX), 24 have Buy rating, 0 Sell and 10 Hold. Therefore 71% are positive. Chevron Corporation had 114 analyst reports since August 4, 2015 according to SRatingsIntel. The rating was upgraded by Bank of America on Monday, August 24 to “Neutral”. Howard Weil upgraded it to “Sector Outperform” rating and $101 target in Monday, December 14 report. The stock of Chevron Corporation (NYSE:CVX) earned “Neutral” rating by Credit Suisse on Monday, February 5. BNP Paribas upgraded Chevron Corporation (NYSE:CVX) on Monday, August 7 to “Hold” rating. HSBC upgraded the shares of CVX in report on Monday, June 5 to “Buy” rating. UBS maintained the stock with “Neutral” rating in Monday, August 3 report. S&P Research downgraded Chevron Corporation (NYSE:CVX) rating on Tuesday, August 4. S&P Research has “Hold” rating and $96 target. The stock of Chevron Corporation (NYSE:CVX) earned “Hold” rating by HSBC on Tuesday, January 10. The company was downgraded on Wednesday, October 18 by Societe Generale. The stock of Chevron Corporation (NYSE:CVX) earned “Buy” rating by Cowen & Co on Tuesday, October 24.

Investors sentiment decreased to 0.95 in Q3 2017. Its down 0.08, from 1.03 in 2017Q2. It is negative, as 43 investors sold CVX shares while 696 reduced holdings. 121 funds opened positions while 584 raised stakes. 1.18 billion shares or 1.43% more from 1.16 billion shares in 2017Q2 were reported. Moreover, Umb Savings Bank N A Mo has 1.1% invested in Chevron Corporation (NYSE:CVX). Moreover, Guinness Asset Mngmt has 2.45% invested in Chevron Corporation (NYSE:CVX). Moreover, Spectrum Asset Management (Nb Ca) has 2.05% invested in Chevron Corporation (NYSE:CVX) for 20,340 shares. Ifc Holding Fl accumulated 13,190 shares. Hartford Inv Mngmt Company holds 420,766 shares. Davis R M holds 0.17% in Chevron Corporation (NYSE:CVX) or 35,775 shares. Rothschild Investment Il owns 31,383 shares for 0.42% of their portfolio. Thompson Davis & Com stated it has 367 shares. Cortland Advisers Llc stated it has 1.19 million shares or 6.39% of all its holdings. Great West Life Assurance Co Can accumulated 2.34 million shares or 0.68% of the stock. Moreover, Perkins Coie has 1.5% invested in Chevron Corporation (NYSE:CVX) for 24,597 shares. Amundi Pioneer Asset Mgmt stated it has 0.02% in Chevron Corporation (NYSE:CVX). Ngam Ltd Partnership invested 0.39% of its portfolio in Chevron Corporation (NYSE:CVX). Princeton Strategies Grp Limited Liability Com reported 0.99% of its portfolio in Chevron Corporation (NYSE:CVX). Cetera Advisors Ltd Llc has invested 0.44% in Chevron Corporation (NYSE:CVX).

Clark Capital Management Group Inc decreased Ishares Tr (ITB) stake by 101,973 shares to 49,331 valued at $1.80M in 2017Q3. It also reduced At&T Inc (NYSE:T) stake by 288,311 shares and now owns 31,051 shares. Ishares Tr (IJR) was reduced too.

Since August 16, 2017, it had 0 buys, and 1 sale for $3.06 million activity. Deily Linnet F had sold 2,312 shares worth $248,274. $3.06 million worth of Chevron Corporation (NYSE:CVX) shares were sold by Pate R. Hewitt.

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By1 Dolores Ford

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