Liberty Square Wealth Partners LLC Buys Shares of 1,081 International Business Machines Co. (NYSE:IBM)

Liberty Square Wealth Partners LLC acquired a new position in International Business Machines Co. (NYSE:IBM - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 1,081 shares of the technology company's stock, valued at approximately $238,000.

A number of other institutional investors also recently made changes to their positions in IBM. Compass Financial Services Inc bought a new stake in International Business Machines in the fourth quarter valued at approximately $26,000. Vision Financial Markets LLC purchased a new position in shares of International Business Machines in the fourth quarter worth $31,000. Valued Wealth Advisors LLC raised its holdings in International Business Machines by 134.3% during the 4th quarter. Valued Wealth Advisors LLC now owns 157 shares of the technology company's stock valued at $35,000 after buying an additional 90 shares during the last quarter. Rialto Wealth Management LLC purchased a new stake in International Business Machines during the 4th quarter valued at $35,000. Finally, Tacita Capital Inc grew its holdings in International Business Machines by 174.3% in the 4th quarter. Tacita Capital Inc now owns 192 shares of the technology company's stock worth $42,000 after acquiring an additional 122 shares during the last quarter. Hedge funds and other institutional investors own 58.96% of the company's stock.

Insider Transactions at International Business Machines

In related news, SVP Robert David Thomas sold 26,543 shares of the business's stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $253.01, for a total value of $6,715,644.43. Following the completion of the transaction, the senior vice president now directly owns 45,007 shares in the company, valued at $11,387,221.07. The trade was a 37.10% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.18% of the stock is owned by insiders.

International Business Machines Stock Down 1.2%

NYSE:IBM traded down $3.03 during mid-day trading on Wednesday, hitting $260.20. 2,313,214 shares of the company's stock were exchanged, compared to its average volume of 4,203,797. The company has a market cap of $241.83 billion, a PE ratio of 40.59, a P/E/G ratio of 5.81 and a beta of 0.64. The company has a debt-to-equity ratio of 1.82, a current ratio of 1.04 and a quick ratio of 1.00. International Business Machines Co. has a one year low of $163.53 and a one year high of $269.28. The business has a fifty day moving average price of $245.65 and a 200 day moving average price of $239.02.

International Business Machines (NYSE:IBM - Get Free Report) last issued its quarterly earnings results on Wednesday, April 23rd. The technology company reported $1.60 EPS for the quarter, topping analysts' consensus estimates of $1.42 by $0.18. International Business Machines had a return on equity of 38.99% and a net margin of 9.60%. The firm had revenue of $14.54 billion for the quarter, compared to analysts' expectations of $14.41 billion. During the same period in the previous year, the firm posted $1.68 EPS. The business's revenue for the quarter was up .5% compared to the same quarter last year. Equities analysts predict that International Business Machines Co. will post 10.78 EPS for the current year.

International Business Machines Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 10th. Stockholders of record on Friday, May 9th will be issued a dividend of $1.68 per share. This is an increase from International Business Machines's previous quarterly dividend of $1.67. This represents a $6.72 annualized dividend and a dividend yield of 2.58%. International Business Machines's dividend payout ratio (DPR) is presently 115.66%.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the stock. Oppenheimer initiated coverage on shares of International Business Machines in a research note on Tuesday, February 11th. They set an "outperform" rating and a $320.00 price objective for the company. Wedbush reaffirmed an "outperform" rating and set a $300.00 price target on shares of International Business Machines in a research report on Wednesday, May 7th. The Goldman Sachs Group reiterated a "buy" rating on shares of International Business Machines in a report on Wednesday, February 5th. Royal Bank of Canada boosted their target price on International Business Machines from $276.00 to $285.00 and gave the company an "outperform" rating in a research note on Thursday, May 15th. Finally, Jefferies Financial Group reaffirmed a "hold" rating on shares of International Business Machines in a research note on Wednesday, April 23rd. One investment analyst has rated the stock with a sell rating, nine have given a hold rating, eight have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $249.06.

About International Business Machines

International Business Machines Corporation, together with its subsidiaries, provides integrated solutions and services worldwide. The company operates through Software, Consulting, Infrastructure, and Financing segments. The Software segment offers a hybrid cloud and AI platforms that allows clients to realize their digital and AI transformations across the applications, data, and environments in which they operate.