Nikko Asset Management Americas Lifted International Business Machine (IBM) Position; Park Electrochemical (PKE) Sentiment Is 1.43

January 6, 2018 - By Shannon Black

Park Electrochemical Corp., through its subsidiaries, develops, makes, markets, and sells high-technology digital and radio frequency/microwave printed circuit material products primarily for the telecommunications and Internet infrastructure, enterprise, and military/aerospace markets. The company has market cap of $413.86 million. It also provides composite materials, primary and secondary structures and assemblies, and tooling products for the aerospace markets. It has a 65.97 P/E ratio. The companyÂ’s printed circuit materials are used to fabricate complex multilayer printed circuit boards and other electronic interconnection systems, such as multilayer back-planes, wireless packages, high-speed/low-loss multilayers, and high density interconnects.

Nikko Asset Management Americas Inc increased International Business Machine (IBM) stake by 88.83% reported in 2017Q3 SEC filing. Nikko Asset Management Americas Inc acquired 70,800 shares as International Business Machine (IBM)’s stock declined 15.88%. The Nikko Asset Management Americas Inc holds 150,500 shares with $21.84M value, up from 79,700 last quarter. International Business Machine now has $150.43 billion valuation. The stock increased 0.49% or $0.79 during the last trading session, reaching $162.49. About 5.20 million shares traded or 2.27% up from the average. International Business Machines Corporation (NYSE:IBM) has risen 4.86% since January 6, 2017 and is uptrending. It has underperformed by 11.84% the S&P500.

Heartland Advisors Inc holds 1.3% of its portfolio in Park Electrochemical Corp. for 1.09 million shares. Raging Capital Management Llc owns 317,036 shares or 0.91% of their US portfolio. Moreover, Awm Investment Company Inc. has 0.64% invested in the company for 197,000 shares. The Pennsylvania-based Wealthtrust Axiom Llc has invested 0.42% in the stock. Morgan Dempsey Capital Management Llc, a Wisconsin-based fund reported 50,744 shares.

The stock increased 0.74% or $0.15 during the last trading session, reaching $20.45. About 293,822 shares traded or 275.78% up from the average. Park Electrochemical Corp. (PKE) has risen 8.41% since January 6, 2017 and is uptrending. It has underperformed by 8.29% the S&P500.

Investors sentiment increased to 0.74 in Q3 2017. Its up 0.02, from 0.72 in 2017Q2. It improved, as 70 investors sold IBM shares while 676 reduced holdings. 100 funds opened positions while 451 raised stakes. 519.10 million shares or 2.22% less from 530.91 million shares in 2017Q2 were reported. Advisors Asset stated it has 0.63% in International Business Machines Corporation (NYSE:IBM). Inr Advisory Service reported 195 shares. Fin Advisory Service reported 0.16% of its portfolio in International Business Machines Corporation (NYSE:IBM). Alexandria Cap Limited Liability Company holds 0.14% of its portfolio in International Business Machines Corporation (NYSE:IBM) for 3,937 shares. Advantus Capital Incorporated has invested 0.33% of its portfolio in International Business Machines Corporation (NYSE:IBM). Oxbow reported 0.17% of its portfolio in International Business Machines Corporation (NYSE:IBM). Skba Cap Mgmt Ltd Company owns 93,810 shares for 1.96% of their portfolio. Mckinley Carter Wealth Serv owns 0.25% invested in International Business Machines Corporation (NYSE:IBM) for 4,537 shares. Dearborn Prtn Limited Liability Com reported 164,804 shares or 1.76% of all its holdings. Fca Tx stated it has 1,417 shares. Bruce And Inc reported 106,500 shares. Oregon Employees Retirement Fund holds 242,218 shares or 0.57% of its portfolio. Lombard Odier Asset (Usa) Corp has 77,800 shares for 0.8% of their portfolio. Mraz Amerine & Associates owns 0.57% invested in International Business Machines Corporation (NYSE:IBM) for 12,377 shares. Miller Howard Invests Inc New York has invested 0.76% in International Business Machines Corporation (NYSE:IBM).

Among 31 analysts covering International Business Machines (NYSE:IBM), 11 have Buy rating, 5 Sell and 15 Hold. Therefore 35% are positive. International Business Machines has $21200 highest and $11000 lowest target. $160.60’s average target is -1.16% below currents $162.49 stock price. International Business Machines had 112 analyst reports since July 21, 2015 according to SRatingsIntel. UBS maintained it with “Neutral” rating and $160 target in Wednesday, October 18 report. On Wednesday, October 21 the stock rating was maintained by S&P Research with “Buy”. The firm earned “Buy” rating on Thursday, October 5 by Stifel Nicolaus. The firm has “Underweight” rating given on Tuesday, October 18 by Barclays Capital. The firm earned “Buy” rating on Wednesday, July 19 by Morgan Stanley. Jefferies maintained the stock with “Sell” rating in Wednesday, July 12 report. The firm earned “Neutral” rating on Tuesday, July 19 by Goldman Sachs. The firm has “Buy” rating by Stifel Nicolaus given on Tuesday, October 20. Goldman Sachs maintained the stock with “Neutral” rating in Tuesday, October 18 report. The stock of International Business Machines Corporation (NYSE:IBM) has “Market Perform” rating given on Wednesday, April 26 by Wells Fargo.