International Business Machines (IBM) Reaches $143.91 Formed H&S; Gabelli Dividend & Income Trust (GDV) Sentiment Is 1.38

International Business Machines Corporation (IBM) formed H&S with $133.84 target or 7.00% below today’s $143.91 share price. International Business Machines Corporation (IBM) has $132.11B valuation. The stock increased 1.35% or $1.92 during the last trading session, reaching $143.91. About 4.40 million shares traded. International Business Machines Corporation (NYSE:IBM) has declined 12.58% since May 5, 2017 and is downtrending. It has underperformed by 24.13% the S&P500.

Gabelli Dividend & Income Trust (GDV) investors sentiment increased to 1.38 in 2017 Q4. It’s up 0.25, from 1.13 in 2017Q3. The ratio has improved, as 44 investment managers opened new or increased holdings, while 32 decreased and sold equity positions in Gabelli Dividend & Income Trust. The investment managers in our database now have: 12.50 million shares, down from 13.43 million shares in 2017Q3. Also, the number of investment managers holding Gabelli Dividend & Income Trust in top ten holdings was flat from 1 to 1 for the same number . Sold All: 11 Reduced: 21 Increased: 24 New Position: 20.

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 has $21200 highest and $11000 lowest target. $164.02’s average target is 13.97% above currents $143.91 stock price. International Business Machines had 129 analyst reports since July 21, 2015 according to SRatingsIntel. The company was maintained on Tuesday, April 19 by JP Morgan. Bernstein maintained International Business Machines Corporation (NYSE:IBM) rating on Tuesday, April 19. Bernstein has “Market Perform” rating and $135 target. As per Friday, January 19, the company rating was maintained by Societe Generale. The rating was maintained by BMO Capital Markets on Wednesday, August 30 with “Hold”. The stock of International Business Machines Corporation (NYSE:IBM) has “Neutral” rating given on Tuesday, October 18 by Citigroup. RBC Capital Markets maintained it with “Hold” rating and $160.0 target in Thursday, October 12 report. The firm earned “Underweight” rating on Wednesday, October 14 by Barclays Capital. Citigroup maintained the stock with “Neutral” rating in Tuesday, July 19 report. The stock has “Overweight” rating by Morgan Stanley on Tuesday, July 19. The rating was maintained by Wedbush on Thursday, January 18 with “Hold”.

Investors sentiment increased to 1.03 in 2017 Q4. Its up 0.29, from 0.74 in 2017Q3. It improved, as 54 investors sold International Business Machines Corporation 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. Verus Fincl Ptnrs Inc has invested 0.08% in International Business Machines Corporation (NYSE:IBM). Wellington Shields & Ltd Liability reported 28,305 shares stake. Cubic Asset Mngmt Ltd Com holds 23,996 shares. 31,304 are held by First Natl Tru. Palisade Asset Ltd invested in 2.2% or 90,731 shares. Cadence Financial Bank Na reported 19,413 shares. Hexavest accumulated 700,591 shares or 1.23% of the stock. St Germain D J reported 2,722 shares or 0.05% of all its holdings. Private Asset Mgmt Inc has invested 1.44% of its portfolio in International Business Machines Corporation (NYSE:IBM). Btim reported 0.05% of its portfolio in International Business Machines Corporation (NYSE:IBM). Picton Mahoney Asset Mngmt stated it has 0.15% in International Business Machines Corporation (NYSE:IBM). Kbc Gp Nv accumulated 280,014 shares. 2,422 were accumulated by Murphy Pohlad Asset Mgmt Ltd. Capital Invest Advsr Ltd Co has 61,120 shares. Wells Fargo And Mn has invested 0.36% of its portfolio in International Business Machines Corporation (NYSE:IBM).

Since January 31, 2018, it had 1 insider buy, and 2 selling transactions for $2.69 million activity. $99,659 worth of International Business Machines Corporation (NYSE:IBM) shares were bought by WADDELL FREDERICK H. 13,000 International Business Machines Corporation (NYSE:IBM) shares with value of $2.01M were sold by Clementi Erich. Gherson Diane J also sold $780,000 worth of International Business Machines Corporation (NYSE:IBM) on Monday, February 26.

Shaker Financial Services Llc holds 4.51% of its portfolio in The Gabelli Dividend & Income Trust for 407,365 shares. Private Wealth Partners Llc owns 235,850 shares or 1.02% of their US portfolio. Moreover, Blue Bell Private Wealth Management Llc has 0.25% invested in the company for 23,906 shares. The Missouri-based First Allied Advisory Services Inc. has invested 0.17% in the stock. Institute For Wealth Management Llc., a Colorado-based fund reported 25,431 shares.

The Gabelli Dividend & Income Trust is a closed ended equity mutual fund launched by GAMCO Investors, Inc. The company has market cap of $1.81 billion. The fund is managed by Gabelli Funds, LLC. It has a 7.23 P/E ratio. It invests in public equity markets of the United States.

The stock increased 1.34% or $0.29 during the last trading session, reaching $21.97. About 146,841 shares traded. The Gabelli Dividend & Income Trust (GDV) has risen 5.96% since May 5, 2017 and is uptrending. It has underperformed by 5.59% the S&P500.

Since January 1, 0001, it had 1 insider buy, and 0 insider sales for $23,399 activity.

Another recent and important The Gabelli Dividend & Income Trust (NYSE:GDV) news was published by Businesswire.com which published an article titled: “Gabelli Dividend & Income Trust Announces Partial Redemption of Its 6.00% Series D Cumulative Preferred Shares” on April 26, 2018.

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