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FAS Wealth Partners boosted IBM stock holdings to $1.93 million amid the tech giant's strong earnings report.
FAS Wealth Partners Inc. increased its holdings in IBM, now owning $1.93 million worth of the company's stock.
IBM reported strong quarterly earnings, exceeding analyst estimates with $1.60 EPS and $14.54 billion in revenue.
The company's stock has seen significant institutional investment, with 58.96% owned by institutional investors, and recently traded at $286.04.
IBM also pays a dividend yield of 2.35%.
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FAS Wealth Partners aumentó las tenencias de acciones de IBM a $1.93 millones en medio del sólido informe de ganancias del gigante tecnológico.