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IBM's stock sees increased institutional investment despite recent declines, following strong Q4 earnings.
Mirabaud Asset Management and Perennial Investment Advisors have both increased their holdings in International Business Machines (IBM), despite the stock declining in recent trading.
IBM reported strong earnings for the fourth quarter, beating estimates by $0.15 with earnings per share of $3.92.
Analysts predict IBM will report 10.78 EPS for the current fiscal year.
Institutional investors hold a significant 58.96% of IBM's stock.
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Las acciones de IBM ven un aumento de la inversión institucional a pesar de los recientes descensos, después de fuertes ganancias Q4.