Stillwater Investment Management Has Decreased By $603,738 Its International Bus Mach (IBM) Position; Packaging of America (PKG) Had 8 Bullish Analysts

Packaging Corporation of America (NYSE:PKG) Logo

Among 16 analysts covering Packaging Corporation of America (NYSE:PKG), 8 have Buy rating, 1 Sell and 7 Hold. Therefore 50% are positive. Packaging Corporation of America has $150.0 highest and $59 lowest target. $110’s average target is -3.64% below currents $114.15 stock price. Packaging Corporation of America had 58 analyst reports since July 23, 2015 according to SRatingsIntel. The firm has “Buy” rating by Jefferies given on Wednesday, August 16. Barclays Capital maintained the shares of PKG in report on Monday, October 26 with “Equal Weight” rating. Goldman Sachs initiated Packaging Corporation of America (NYSE:PKG) on Thursday, September 22 with “Sell” rating. BMO Capital Markets upgraded the shares of PKG in report on Thursday, July 23 to “Outperform” rating. The firm has “Buy” rating by Argus Research given on Monday, April 25. The stock of Packaging Corporation of America (NYSE:PKG) has “Buy” rating given on Wednesday, August 2 by BMO Capital Markets. Macquarie Research initiated the stock with “Neutral” rating in Tuesday, November 10 report. The rating was maintained by Barclays Capital on Monday, February 12 with “Equal-Weight”. Wells Fargo downgraded the shares of PKG in report on Monday, July 10 to “Market Perform” rating. The stock has “Market Perform” rating by BMO Capital Markets on Tuesday, November 15. See Packaging Corporation of America (NYSE:PKG) latest ratings:

05/04/2018 Broker: Citigroup Old Rating: Neutral New Rating: Neutral Old Target: $136 New Target: $123 Maintain
12/02/2018 Broker: Barclays Capital Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $110 New Target: $120 Maintain
12/02/2018 Broker: DA Davidson Rating: Buy New Target: $135.0 Upgrade
02/02/2018 Broker: KeyBanc Capital Markets Rating: Hold Maintain
01/02/2018 Broker: Bank of America Old Rating: Buy New Rating: Buy Old Target: $134 New Target: $138 Maintain
31/01/2018 Broker: Wells Fargo Rating: Buy New Target: $150.0 Upgrade
25/01/2018 Broker: BMO Capital Markets Rating: Buy New Target: $130.0 Maintain
10/01/2018 Broker: Stephens Rating: Buy New Target: $136.0 Maintain
08/01/2018 Broker: Wells Fargo Rating: Hold New Target: $130.0 Maintain
15/11/2017 Broker: KeyBanc Capital Markets Rating: Hold Maintain

Stillwater Investment Management Llc decreased International Bus Mach (IBM) stake by 33.78% reported in 2017Q4 SEC filing. Stillwater Investment Management Llc sold 3,946 shares as International Bus Mach (IBM)’s stock declined 0.39%. The Stillwater Investment Management Llc holds 7,736 shares with $1.19M value, down from 11,682 last quarter. International Bus Mach now has $132.11B valuation. The stock increased 1.35% or $1.92 during the last trading session, reaching $143.91. About 4.40M shares traded. International Business Machines Corporation (NYSE:IBM) has declined 12.58% since May 6, 2017 and is downtrending. It has underperformed by 24.13% the S&P500.

Investors sentiment decreased to 1.02 in 2017 Q4. Its down 0.29, from 1.31 in 2017Q3. It turned negative, as 42 investors sold Packaging Corporation of America shares while 159 reduced holdings. 59 funds opened positions while 147 raised stakes. 80.05 million shares or 2.48% less from 82.08 million shares in 2017Q3 were reported. Bailard Incorporated has 0.21% invested in Packaging Corporation of America (NYSE:PKG). 5,748 were accumulated by Colony Group Limited Liability Corp. Reilly Herbert Faulkner Iii has 2.67% invested in Packaging Corporation of America (NYSE:PKG). Chicago Equity Ptnrs Ltd Co owns 3,195 shares. Michigan-based Comerica Commercial Bank has invested 0.08% in Packaging Corporation of America (NYSE:PKG). Panagora Asset Mgmt accumulated 32,489 shares. Norinchukin Bancshares The invested in 0.02% or 9,144 shares. Ls Inv Advsrs Limited Liability holds 3,872 shares. First Midwest Bancorp Tru Division holds 0.16% of its portfolio in Packaging Corporation of America (NYSE:PKG) for 10,505 shares. State Of Tennessee Treasury Department has invested 0.06% in Packaging Corporation of America (NYSE:PKG). Guyasuta Investment Advsrs Inc stated it has 2.17% of its portfolio in Packaging Corporation of America (NYSE:PKG). Colonial Tru Advsr invested 0.26% of its portfolio in Packaging Corporation of America (NYSE:PKG). Proshare Advsrs Ltd Liability Com holds 0.01% of its portfolio in Packaging Corporation of America (NYSE:PKG) for 13,224 shares. Bbva Compass Bancorp accumulated 12,215 shares. Oregon Public Employees Retirement Fund owns 0.05% invested in Packaging Corporation of America (NYSE:PKG) for 24,486 shares.

Packaging Corporation of America manufactures and sells containerboard and corrugated packaging products primarily in the United States. The company has market cap of $10.69 billion. The companyÂ’s Packaging segment offers various corrugated packaging products, such as conventional shipping containers used to protect and transport manufactured goods; multi-color boxes and displays that help to merchandise the packaged product in retail locations; and honeycomb protective packaging. It has a 16.15 P/E ratio. This segment also produces packaging for meat, fresh fruit and vegetables, processed food, beverages, and other industrial and consumer products.

The stock increased 0.41% or $0.47 during the last trading session, reaching $114.15. About 591,345 shares traded. Packaging Corporation of America (NYSE:PKG) has risen 25.91% since May 6, 2017 and is uptrending. It has outperformed by 14.36% the S&P500.

Another recent and important Packaging Corporation of America (NYSE:PKG) news was published by Seekingalpha.com which published an article titled: “Packaging of America (PKG) Q1 2018 Results – Earnings Call Transcript” on April 25, 2018.

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. On Tuesday, October 20 the stock rating was maintained by RBC Capital Markets with “Sector Perform”. Credit Suisse maintained it with “Underperform” rating and $110 target in Tuesday, October 18 report. As per Friday, January 15, the company rating was maintained by RBC Capital Markets. On Friday, July 21 the stock rating was maintained by Argus Research with “Buy”. The stock of International Business Machines Corporation (NYSE:IBM) earned “Buy” rating by Argus Research on Wednesday, March 22. The firm earned “Hold” rating on Tuesday, August 15 by RBC Capital Markets. On Friday, January 19 the stock rating was maintained by BMO Capital Markets with “Hold”. The firm has “Buy” rating given on Wednesday, June 7 by Stifel Nicolaus. The stock of International Business Machines Corporation (NYSE:IBM) has “Hold” rating given on Tuesday, July 11 by RBC Capital Markets. As per Tuesday, July 19, the company rating was maintained by Bernstein.

Stillwater Investment Management Llc increased Anadarko Petroleum Corp. (NYSE:APC) stake by 47,690 shares to 62,613 valued at $3.02M in 2017Q4. It also upped Baxter International (NYSE:BAX) stake by 54,928 shares and now owns 75,133 shares. Boeing Co. (NYSE:BA) was raised too.

Investors sentiment increased to 1.03 in Q4 2017. Its up 0.29, from 0.74 in 2017Q3. It is positive, as 54 investors sold IBM 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. Carnegie Capital Asset Mngmt Ltd Llc has 28,148 shares. Azimuth Capital Mgmt Ltd Llc owns 1.59% invested in International Business Machines Corporation (NYSE:IBM) for 143,501 shares. Pennsylvania has 76,499 shares for 0.52% of their portfolio. Kistler accumulated 4,514 shares or 0.27% of the stock. Vaughan David Il holds 1.24% or 174,768 shares. Cambridge owns 6,465 shares for 0.36% of their portfolio. Delta Asset Limited Liability Corporation Tn holds 0.12% in International Business Machines Corporation (NYSE:IBM) or 5,484 shares. 5,807 are owned by Farmers & Merchants Investments. 30,480 were accumulated by Woodstock Corporation. Wendell David Associates holds 8,975 shares. Optimum Advsrs has 0.29% invested in International Business Machines Corporation (NYSE:IBM). Headinvest Limited Liability Co has invested 0.12% in International Business Machines Corporation (NYSE:IBM). Tnb Financial invested in 0.08% or 2,841 shares. Meridian invested 0.61% in International Business Machines Corporation (NYSE:IBM). Hsbc Plc has invested 0.42% in International Business Machines Corporation (NYSE:IBM).

More notable recent International Business Machines Corporation (NYSE:IBM) news were published by: Seekingalpha.com which released: “Berkshire Hathaway drops IBM” on May 04, 2018, also 247Wallst.com with their article: “Who IBM Is Laying Off and What They Have to Say About It” published on April 27, 2018, Seekingalpha.com published: “IBM: Weak Dividend Raise?” on April 24, 2018. More interesting news about International Business Machines Corporation (NYSE:IBM) were released by: Seekingalpha.com and their article: “IBM Covered Call” published on April 19, 2018 as well as Seekingalpha.com‘s news article titled: “IBM: Fighting Seasonal Headwinds Now” with publication date: April 19, 2018.

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