International Business Machs (IBM) Shareholder Dowling & Yahnke Has Lowered Its Holding; As Gilead Sciences (GILD) Stock Price Declined, Shareholder Vertex One Asset Management Boosted Its Position

Gilead Sciences, Inc. (NASDAQ:GILD) Logo

Dowling & Yahnke Llc decreased its stake in International Business Machs (IBM) by 17.75% based on its latest 2018Q4 regulatory filing with the SEC. Dowling & Yahnke Llc sold 5,347 shares as the company’s stock rose 12.54% with the market. The institutional investor held 24,769 shares of the computer manufacturing company at the end of 2018Q4, valued at $3.08M, down from 30,116 at the end of the previous reported quarter. Dowling & Yahnke Llc who had been investing in International Business Machs for a number of months, seems to be less bullish one the $125.56 billion market cap company. The stock increased 0.84% or $1.18 during the last trading session, reaching $141.1. About 3.10 million shares traded. International Business Machines Corporation (NYSE:IBM) has declined 10.00% since March 31, 2018 and is downtrending. It has underperformed by 14.37% the S&P500. Some Historical IBM News: 20/03/2018 – NEUVECTOR & IBM CLOUD REPORT RUN-TIME SECURITY FOR KUBERNETES; 24/05/2018 – IBM: Credit Mutuel to Deploy Watson Across All Business Lines; 17/04/2018 – IBM Had Cloud Revenue of $17.7 Billion Over Last 12 Mos; 27/03/2018 – ITALY’S CARIGE SAYS ACKNOWLEDGES MARKET CONDITIONS ARE NOT THERE FOR ISSUANCE OF SUBORDINATED BOND WITH “EXPECTED CHARACTERISTICS”; 15/05/2018 – Environmental tech start-up Veridium will use IBM’s technology to issue and manage carbon credit-backed tokens on the blockchain; 18/04/2018 – SiliconANGLE: IBM brings two key open-source developer tools together in its latest cloud service; 29/03/2018 – IBM: National reports coming in that IBM is doing major employee cuts throughout company. Anybody know if anything is happening in #rochmn?; 17/04/2018 – IBM – COMPANY EXPECTS FY 2018 GAAP DILUTED EARNINGS PER SHARE OF AT LEAST $11.58; 13/03/2018 – Zoom Video Communications Embedded into IBM Watson Workspace Plus; 24/04/2018 – IBM IBM.N INCREASES QUARTERLY DIVIDEND BY 5 PCT

Vertex One Asset Management Inc increased its stake in Gilead Sciences Inc (GILD) by 79.87% based on its latest 2018Q4 regulatory filing with the SEC. Vertex One Asset Management Inc bought 12,877 shares as the company’s stock declined 5.41% while stock markets rallied. The hedge fund held 29,000 shares of the health care company at the end of 2018Q4, valued at $1.81 million, up from 16,123 at the end of the previous reported quarter. Vertex One Asset Management Inc who had been investing in Gilead Sciences Inc for a number of months, seems to be bullish on the $82.88 billion market cap company. The stock increased 2.07% or $1.32 during the last trading session, reaching $65.01. About 7.92M shares traded or 4.71% up from the average. Gilead Sciences, Inc. (NASDAQ:GILD) has declined 15.58% since March 31, 2018 and is downtrending. It has underperformed by 19.95% the S&P500. Some Historical GILD News: 01/05/2018 – GILEAD EARNINGS CALL ENDS; 19/03/2018 – Gilead at Investor Day Hosted By H.C. Wainwright Today; 21/05/2018 – JANSSEN PHARMACEUTICAL – VIIV HEALTHCARE WILL MARKET DOLUTEGRAVIR/RILPIVIRINE IN COUNTRIES IN EUROPEAN UNION & EUROPEAN ECONOMIC AREA; 01/05/2018 – GILEAD 1Q ADJ EPS $1.48, EST. $1.66; 05/03/2018 – Gilead Sciences: No Patients in Biktarvy Treatment Arm Demonstrated Treatment-Emergent Resistance Through 48 Weeks; 25/04/2018 – Novartis, Gilead to Get Extra Medicare Coverage for Costly Drugs; 30/04/2018 – Gilead Strikes Partnership With Alphabet’s Verily — MarketWatch; 22/05/2018 – Potential Gilead Takeover of Tesaro Would Make Sense: Wedbush; 05/03/2018 – GILEAD SCIENCES – THROUGH 48 WEEKS, BIKTARVY FOUND NON-INFERIOR TO ABACAVIR-CONTAINING REGIMEN IN VIROLOGICALLY SUPPRESSED ADULTS LIVING WITH HIV; 23/04/2018 – Gilead’s Descovy Falls After 2-Wk Rise, Triumeq Declines: HIV

Since October 1, 2018, it had 0 buys, and 2 selling transactions for $7.04 million activity.

Vertex One Asset Management Inc, which manages about $342.14M US Long portfolio, decreased its stake in Franco Nevada Corp (NYSE:FNV) by 64,800 shares to 84,454 shares, valued at $5.92M in 2018Q4, according to the filing. It also reduced its holding in Noble Corp Plc (NYSE:NE) by 1.72 million shares in the quarter, leaving it with 814,112 shares, and cut its stake in Brookfield Business Partners.

More notable recent Gilead Sciences, Inc. (NASDAQ:GILD) news were published by: Nasdaq.com which released: “Notable Friday Option Activity: WYNN, GS, GILD – Nasdaq” on January 18, 2019, also Nasdaq.com with their article: “Should Value Investors Consider Gilead (GILD) Stock Now? – Nasdaq” published on November 21, 2018, Nasdaq.com published: “Gilead Sciences, Inc. (GILD) Ex-Dividend Date Scheduled for December 13, 2018 – Nasdaq” on December 12, 2018. More interesting news about Gilead Sciences, Inc. (NASDAQ:GILD) were released by: Nasdaq.com and their article: “Conatus (CNAT) Declines on Failure of NASH Fibrosis Study – Nasdaq” published on March 22, 2019 as well as Seekingalpha.com‘s news article titled: “Hookipa Pharma on deck for IPO – Seeking Alpha” with publication date: March 23, 2019.

Investors sentiment decreased to 0.6 in Q4 2018. Its down 0.29, from 0.89 in 2018Q3. It worsened, as 95 investors sold GILD shares while 543 reduced holdings. 95 funds opened positions while 286 raised stakes. 995.36 million shares or 3.36% more from 963.01 million shares in 2018Q3 were reported. New Vernon Capital Holdg Ii Limited Com accumulated 0.49% or 5,071 shares. Moreover, Parkside National Bank & Trust Trust has 0.02% invested in Gilead Sciences, Inc. (NASDAQ:GILD) for 672 shares. Lowe Brockenbrough And Com Inc has 0.78% invested in Gilead Sciences, Inc. (NASDAQ:GILD). Connor Clark Lunn Mngmt Limited stated it has 59,632 shares or 0.03% of all its holdings. Vident Inv Advisory Ltd Liability Corp has invested 0.13% of its portfolio in Gilead Sciences, Inc. (NASDAQ:GILD). Old Republic International accumulated 292,000 shares or 0.54% of the stock. Mutual Of Omaha National Bank Wealth Management stated it has 9,353 shares or 0.2% of all its holdings. Park National Oh invested in 0.03% or 7,388 shares. First Midwest Bank & Trust Trust Division has invested 0.21% in Gilead Sciences, Inc. (NASDAQ:GILD). Shelter Mutual has 1.33% invested in Gilead Sciences, Inc. (NASDAQ:GILD). Raymond James And Assocs has invested 0.1% in Gilead Sciences, Inc. (NASDAQ:GILD). Moreover, Northwestern Mutual Wealth Management has 0.03% invested in Gilead Sciences, Inc. (NASDAQ:GILD). Schroder Investment Mngmt Gp has invested 0.32% in Gilead Sciences, Inc. (NASDAQ:GILD). 5,426 are owned by Lakeview Capital Ptnrs Limited Liability Company. Merian Global Invsts (Uk) invested in 0.26% or 474,340 shares.

Investors sentiment decreased to 0.59 in 2018 Q4. Its down 0.32, from 0.91 in 2018Q3. It is negative, as 129 investors sold IBM shares while 678 reduced holdings. 121 funds opened positions while 353 raised stakes. 523.62 million shares or 6.28% more from 492.69 million shares in 2018Q3 were reported. Zevin Asset Management Ltd Liability Co invested 0.2% of its portfolio in International Business Machines Corporation (NYSE:IBM). Moreover, Norman Fields Gottscho Cap Mgmt Limited Liability has 0.52% invested in International Business Machines Corporation (NYSE:IBM). Vanguard Group Inc Inc owns 71.69 million shares. Doheny Asset Ca invested in 4,821 shares or 0.4% of the stock. Hm Payson Co holds 1.08% of its portfolio in International Business Machines Corporation (NYSE:IBM) for 3,247 shares. Plancorp Ltd Liability Company has 7,791 shares. 12.57 million were reported by Geode Capital Ltd Limited Liability Company. Atria Investments Limited Liability Company invested 0.02% in International Business Machines Corporation (NYSE:IBM). Check Cap Inc Ca invested 1.24% in International Business Machines Corporation (NYSE:IBM). Alabama-based Regions Finance has invested 0.16% in International Business Machines Corporation (NYSE:IBM). Hall Laurie J Trustee reported 0.12% stake. Nelson Roberts Advisors Ltd stated it has 0.04% in International Business Machines Corporation (NYSE:IBM). The California-based Advisor Prtn Lc has invested 0.37% in International Business Machines Corporation (NYSE:IBM). Qci Asset Mngmt invested 0.01% in International Business Machines Corporation (NYSE:IBM). Meridian Investment Counsel holds 0.55% or 7,416 shares in its portfolio.

Dowling & Yahnke Llc, which manages about $2.91 billion and $965.33M US Long portfolio, upped its stake in Vanguard World Fds (VHT) by 2,269 shares to 15,175 shares, valued at $2.69M in 2018Q4, according to the filing. It also increased its holding in Vanguard Whitehall Fds Inc (VWOB) by 6,084 shares in the quarter, for a total of 485,778 shares, and has risen its stake in Starbucks Corp (NASDAQ:SBUX).

Analysts await International Business Machines Corporation (NYSE:IBM) to report earnings on April, 16. They expect $2.22 earnings per share, down 9.39% or $0.23 from last year’s $2.45 per share. IBM’s profit will be $1.98B for 15.89 P/E if the $2.22 EPS becomes a reality. After $4.87 actual earnings per share reported by International Business Machines Corporation for the previous quarter, Wall Street now forecasts -54.41% negative EPS growth.

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

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.