Friday, 1 December 2017

Douglass Winthrop Advisors Has Trimmed Its International Business Machine (IBM) Stake; Ares Capital (ARCC) SI Decreased By 17.77%

Douglass Winthrop Advisors Llc decreased International Business Machine (IBM) stake by 10.64% reported in 2017Q2 SEC filing. Douglass Winthrop Advisors Llc sold 7,856 shares as International Business Machine (IBM)’s stock declined 15.88%. The Douglass Winthrop Advisors Llc holds 65,980 shares with $10.15M value, down from 73,836 last quarter. International Business Machine now has $142.54 billion valuation. The stock increased 0.27% or $0.42 during the last trading session, reaching $153.97. About 6.24M shares traded or 36.20% up from the average. International Business Machines Corporation (NYSE:IBM) has risen 4.86% since November 30, 2016 and is uptrending. It has underperformed by 11.84% the S&P500.

Ares Capital Corporation (NASDAQ:ARCC) had a decrease of 17.77% in short interest. ARCC’s SI was 1.86M shares in November as released by FINRA. Its down 17.77% from 2.27 million shares previously. With 1.62M avg volume, 1 days are for Ares Capital Corporation (NASDAQ:ARCC)’s short sellers to cover ARCC’s short positions. The stock decreased 0.18% or $0.03 during the last trading session, reaching $16.22. About 1.63M shares traded. Ares Capital Corporation (NASDAQ:ARCC) has risen 9.72% since November 30, 2016 and is uptrending. It has underperformed by 6.98% the S&P500.

Investors sentiment decreased to 1.13 in 2017 Q2. Its down 0.38, from 1.51 in 2017Q1. It dived, as 63 investors sold Ares Capital Corporation shares while 88 reduced holdings. 43 funds opened positions while 127 raised stakes. 170.64 million shares or 4.44% less from 178.56 million shares in 2017Q1 were reported. Sigma Planning has 0.23% invested in Ares Capital Corporation (NASDAQ:ARCC). Alleghany Corp De stated it has 0.12% of its portfolio in Ares Capital Corporation (NASDAQ:ARCC). Parametric Port Assocs Limited Company stated it has 0.01% in Ares Capital Corporation (NASDAQ:ARCC). Polar Capital Ltd Liability Partnership reported 0.11% stake. 34,988 were accumulated by Peak6 Invests L P. Delphi Ma has invested 1.3% in Ares Capital Corporation (NASDAQ:ARCC). Moreover, Advantage has 3.84% invested in Ares Capital Corporation (NASDAQ:ARCC). Salem Investment Counselors holds 0.16% of its portfolio in Ares Capital Corporation (NASDAQ:ARCC) for 82,004 shares. Quantitative Investment Mngmt Limited Co has 449,700 shares. Horizon Kinetics Ltd Liability accumulated 14,185 shares or 0.01% of the stock. Moreover, Argent Trust has 0.11% invested in Ares Capital Corporation (NASDAQ:ARCC) for 15,890 shares. 14,928 are owned by Cibc Asset Inc. Hanson Mcclain Inc stated it has 0% in Ares Capital Corporation (NASDAQ:ARCC). Pioneer Investment Management holds 223,604 shares. Counselors invested in 0.01% or 10,031 shares.

Among 16 analysts covering Ares Capital (NASDAQ:ARCC), 11 have Buy rating, 0 Sell and 5 Hold. Therefore 69% are positive. Ares Capital had 25 analyst reports since August 21, 2015 according to SRatingsIntel. RBC Capital Markets maintained it with “Hold” rating and $19.0 target in Friday, November 3 report. Jefferies maintained the shares of ARCC in report on Friday, September 22 with “Buy” rating. The stock of Ares Capital Corporation (NASDAQ:ARCC) has “Outperform” rating given on Thursday, October 1 by Macquarie Research. The stock of Ares Capital Corporation (NASDAQ:ARCC) earned “Hold” rating by BMO Capital Markets on Wednesday, May 31. The stock has “Buy” rating by Jefferies on Thursday, November 2. The firm earned “Buy” rating on Wednesday, June 14 by Keefe Bruyette & Woods. On Wednesday, September 20 the stock rating was initiated by Oppenheimer with “Buy”. Keefe Bruyette & Woods maintained Ares Capital Corporation (NASDAQ:ARCC) rating on Sunday, July 23. Keefe Bruyette & Woods has “Buy” rating and $18.5000 target. On Wednesday, September 30 the stock rating was initiated by DA Davidson with “Buy”. BMO Capital Markets maintained Ares Capital Corporation (NASDAQ:ARCC) on Wednesday, August 23 with “Hold” rating.

Analysts await International Business Machines Corporation (NYSE:IBM) to report earnings on January, 18. They expect $5.17 EPS, up 3.19% or $0.16 from last year’s $5.01 per share. IBM’s profit will be $4.79 billion for 7.45 P/E if the $5.17 EPS becomes a reality. After $3.30 actual EPS reported by International Business Machines Corporation for the previous quarter, Wall Street now forecasts 56.67% EPS growth.

Douglass Winthrop Advisors Llc increased General Mills Inc (NYSE:GIS) stake by 13,400 shares to 39,946 valued at $2.21M in 2017Q2. It also upped Costco Wholesale Corp New Com (NASDAQ:COST) stake by 14,078 shares and now owns 197,708 shares. Fastenal Co (NASDAQ:FAST) was raised too.

Investors sentiment decreased to 0.72 in 2017 Q2. Its down 0.25, from 0.97 in 2017Q1. It fall, as 100 investors sold IBM shares while 695 reduced holdings. 91 funds opened positions while 484 raised stakes. 530.91 million shares or 0.81% less from 535.24 million shares in 2017Q1 were reported. Macroview Invest Limited Liability Company owns 15 shares. Peddock Capital Advsrs reported 912 shares. Genesee Valley Trust Com has 0.31% invested in International Business Machines Corporation (NYSE:IBM). Virginia-based Outfitter Advsrs Ltd has invested 1.74% in International Business Machines Corporation (NYSE:IBM). Moreover, Cincinnati Fincl has 2% invested in International Business Machines Corporation (NYSE:IBM) for 273,900 shares. Bartlett And Co Ltd Liability Co stated it has 80,718 shares. Wellington Mgmt Gp Incorporated Limited Liability Partnership reported 2.81M shares. Murphy Inc accumulated 38,359 shares. Riggs Asset Managment holds 0.09% or 1,327 shares in its portfolio. Shamrock Asset Mngmt Lc reported 160 shares. Albion Financial Group Ut owns 0.07% invested in International Business Machines Corporation (NYSE:IBM) for 2,769 shares. Fragasso Gp reported 10,637 shares. Patten Incorporated has 0.16% invested in International Business Machines Corporation (NYSE:IBM) for 2,656 shares. Keybank Natl Association Oh accumulated 639,882 shares. Conestoga Cap Advsr Ltd Llc invested 0.02% of its portfolio in International Business Machines Corporation (NYSE:IBM).

Among 30 analysts covering International Business Machines (NYSE:IBM), 9 have Buy rating, 5 Sell and 16 Hold. Therefore 30% are positive. International Business Machines had 110 analyst reports since July 21, 2015 according to SRatingsIntel. The company was upgraded on Thursday, November 10 by Bank of America. Bernstein maintained it with “Market Perform” rating and $150 target in Wednesday, April 12 report. The company was maintained on Monday, October 5 by RBC Capital Markets. Bernstein maintained International Business Machines Corporation (NYSE:IBM) on Tuesday, July 19 with “Market Perform” rating. The stock has “Hold” rating by Oppenheimer on Tuesday, July 18. The stock of International Business Machines Corporation (NYSE:IBM) earned “Neutral” rating by Goldman Sachs on Tuesday, September 22. The stock of International Business Machines Corporation (NYSE:IBM) has “Buy” rating given on Wednesday, August 26 by Argus Research. The rating was maintained by S&P Research with “Buy” on Wednesday, October 21. The company was maintained on Tuesday, October 20 by Deutsche Bank. The stock has “Overweight” rating by Morgan Stanley on Tuesday, October 18.

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