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Renewable Energy Group (REGI) Stock Declined While Kerrisdale Advisers Has Decreased Its Position by $1.12 Million; New Mexico Educational Retirement Board Has Upped Its Intl Business Machines (IBM) Position – The DMinute


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New Mexico Educational Retirement Board increased its stake in Intl Business Machines Corp (IBM) by 3.55% based on its latest 2018Q3 regulatory filing with the SEC. New Mexico Educational Retirement Board bought 2,800 shares as the company’s stock declined 16.83% with the market. The institutional investor held 81,747 shares of the computer manufacturing company at the end of 2018Q3, valued at $12.36 million, up from 78,947 at the end of the previous reported quarter. New Mexico Educational Retirement Board who had been investing in Intl Business Machines Corp for a number of months, seems to be bullish on the $102.72B market cap company. The stock decreased 0.66% or $0.75 during the last trading session, reaching $113.03. About 5.12 million shares traded. International Business Machines Corporation (NYSE:IBM) has declined 21.12% since December 30, 2017 and is downtrending. It has underperformed by 21.12% the S&P500. Some Historical IBM News: 15/03/2018 – Help from MasterCard and IBM on EU data rules; 13/03/2018 – Zoom Video Communications Embedded into IBM Watson Workspace Plus; 22/05/2018 – Quad Nova’s CEO Says Workarounds on the IBM i (AS/400) May Compromise Enterprise Value; 17/04/2018 – IBM – COMPANY CONTINUES TO EXPECT FY 2018 OPERATING (NON-GAAP) DILUTED EARNINGS PER SHARE OF AT LEAST $13.80; 08/03/2018 – IBM CFO JIM KAVANAUGH SPEAKS ON INVESTOR WEBCAST; 16/04/2018 – Realfiction: IBM installs Realfictions mixed reality display DeepFrame at its new innovation centre in Abu Dhabi; 31/05/2018 – IBM Bluemix Services Market to Touch US$ 38,847 Million by 2026; Increasing Adoption of IBM Bluemix Services Across a Wide Rang; 24/04/2018 – IBM Raises Dividend to $1.57 Vs. $1.50; 20/03/2018 – Zerto Partners with IBM to Provide Data Protection for lBM’s Resiliency Orchestration DRaaS Solution; 09/03/2018 – IBM Closes Above 50-Day Moving Average: Technicals

Kerrisdale Advisers Llc decreased its stake in Renewable Energy Group Inc (REGI) by 53.33% based on its latest 2018Q3 regulatory filing with the SEC. Kerrisdale Advisers Llc sold 40,000 shares as the company’s stock declined 3.40% with the market. The hedge fund held 35,000 shares of the basic industries company at the end of 2018Q3, valued at $1.01M, down from 75,000 at the end of the previous reported quarter. Kerrisdale Advisers Llc who had been investing in Renewable Energy Group Inc for a number of months, seems to be less bullish one the $944.80M market cap company. The stock increased 0.48% or $0.12 during the last trading session, reaching $25.33. About 408,955 shares traded. Renewable Energy Group, Inc. (NASDAQ:REGI) has risen 124.70% since December 30, 2017 and is uptrending. It has outperformed by 124.70% the S&P500. Some Historical REGI News: 15/03/2018 – Renewable Energy Group: Michael Jackson Retires From Board; 17/04/2018 – Renewable Energy Forms Golden Cross: Technicals; 16/05/2018 – Verition Management Buys New 1.9% Position in Renewable Energy; 10/05/2018 – Renewable Energy at BMO Farm to Market Conference May 17; 08/03/2018 – Renewable Energy Group 4Q Adj EPS $1.97; 03/05/2018 – Renewable Energy Group 1Q EPS $5.30; 16/05/2018 – Renewable Energy Rises for 8 Days; Tied for Longest Rally; 11/05/2018 – Renewable Energy at Bank of Montreal Conference May 17; 03/05/2018 – Renewable Energy Group 1Q Net $214.4M; 03/05/2018 – RENEWABLE ENERGY GROUP INC – QTRLY 106 MLN GALLONS PRODUCED, UP 10% Y/Y

More notable recent International Business Machines Corporation (NYSE:IBM) news were published by: Investorplace.com which released: “3 Better Buys Than IBM Stock Right Now – Investorplace.com” on December 17, 2018, also Fool.com with their article: “Better Buy: Apple vs. IBM – The Motley Fool” published on December 22, 2018, Seekingalpha.com published: “IBM taps Samsung for 7nm processes – Seeking Alpha” on December 20, 2018. More interesting news about International Business Machines Corporation (NYSE:IBM) were released by: Gurufocus.com and their article: “Berkshire Hathaway Has Given Up on IBM, but Recent Acquisition May Resuscitate Big Blue – GuruFocus.com” published on December 04, 2018 as well as Fool.com‘s news article titled: “3 Stocks to Hold for the Next 20 Years – The Motley Fool” with publication date: December 20, 2018.

Investors sentiment increased to 0.91 in Q3 2018. Its up 0.01, from 0.9 in 2018Q2. It is positive, as 65 investors sold IBM shares while 594 reduced holdings. 116 funds opened positions while 481 raised stakes. 492.69 million shares or 0.61% more from 489.70 million shares in 2018Q2 were reported. Blackrock reported 0.39% stake. John G Ullman And Assoc has 2.33% invested in International Business Machines Corporation (NYSE:IBM) for 84,640 shares. Doheny Asset Mgmt Ca holds 0.48% or 6,121 shares. Boyar Asset Mngmt Inc holds 1,492 shares. Moreover, Intrust Comml Bank Na has 0.11% invested in International Business Machines Corporation (NYSE:IBM) for 2,994 shares. Freestone Capital Hldg Limited Co has 18,572 shares for 0.02% of their portfolio. Indiana And Investment stated it has 8,124 shares or 0.56% of all its holdings. Lourd Lc owns 47,036 shares. Alliancebernstein Lp holds 0.2% or 1.99M shares. Jfs Wealth Advsr Lc holds 0.18% or 4,708 shares in its portfolio. Gemmer Asset Mngmt Llc accumulated 4,625 shares or 0.22% of the stock. National Registered Inv Advisor Inc has 0.52% invested in International Business Machines Corporation (NYSE:IBM). Oppenheimer & Communication Inc has 163,013 shares for 0.63% of their portfolio. Jones Financial Lllp owns 7,083 shares for 0% of their portfolio. Stevens Cap Mgmt Lp reported 12,835 shares stake.

New Mexico Educational Retirement Board, which manages about $2.63B US Long portfolio, decreased its stake in Merck Co. Inc. (NYSE:MRK) by 8,700 shares to 239,836 shares, valued at $17.01M in 2018Q3, according to the filing. It also reduced its holding in Booking Holdings Inc by 200 shares in the quarter, leaving it with 4,248 shares, and cut its stake in Eli Lilly Co (NYSE:LLY).

Among 35 analysts covering International Business Machines (NYSE:IBM), 14 have Buy rating, 5 Sell and 16 Hold. Therefore 40% are positive. International Business Machines had 142 analyst reports since July 21, 2015 according to SRatingsIntel. Morgan Stanley upgraded the shares of IBM in report on Thursday, February 18 to “Overweight” rating. The company was maintained on Wednesday, June 7 by Stifel Nicolaus. Deutsche Bank maintained the shares of IBM in report on Tuesday, October 20 with “Hold” rating. BMO Capital Markets maintained the shares of IBM in report on Wednesday, August 30 with “Hold” rating. The rating was maintained by RBC Capital Markets on Monday, January 18 with “Sector Perform”. The stock of International Business Machines Corporation (NYSE:IBM) earned “Underperform” rating by Jefferies on Tuesday, July 19. The firm has “Sell” rating by Jefferies given on Wednesday, July 12. The firm has “Neutral” rating by Citigroup given on Wednesday, October 18. The firm has “Hold” rating given on Wednesday, July 19 by KeyBanc Capital Markets. Citigroup maintained the stock with “Neutral” rating in Wednesday, October 21 report.

Since August 3, 2018, it had 5 insider purchases, and 1 sale for $426,695 activity. On Thursday, November 1 the insider Swedish Joseph bought $232,838. TAUREL SIDNEY also bought $495,846 worth of International Business Machines Corporation (NYSE:IBM) on Wednesday, October 31. Gherson Diane J had sold 11,451 shares worth $1.67 million. 2,153 shares valued at $249,722 were bought by WADDELL FREDERICK H on Thursday, November 1. The insider OWENS JAMES W bought $114,673.

Kerrisdale Advisers Llc, which manages about $371.12M and $102.01 million US Long portfolio, upped its stake in Huya Inc by 270,423 shares to 611,651 shares, valued at $14.42 million in 2018Q3, according to the filing.

Among 4 analysts covering Renewable Energy (NASDAQ:REGI), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Renewable Energy had 21 analyst reports since August 5, 2015 according to SRatingsIntel. The company was maintained on Tuesday, June 13 by Roth Capital. Canaccord Genuity maintained Renewable Energy Group, Inc. (NASDAQ:REGI) rating on Tuesday, June 26. Canaccord Genuity has “Buy” rating and $2000 target. Roth Capital maintained the stock with “Buy” rating in Wednesday, August 23 report. Roth Capital maintained the shares of REGI in report on Tuesday, October 24 with “Buy” rating. The rating was maintained by Canaccord Genuity with “Buy” on Sunday, November 5. The rating was maintained by Canaccord Genuity on Wednesday, September 27 with “Buy”. Piper Jaffray maintained it with “Hold” rating and $13.0 target in Friday, September 29 report. The stock of Renewable Energy Group, Inc. (NASDAQ:REGI) has “Buy” rating given on Friday, May 5 by Canaccord Genuity. Piper Jaffray downgraded Renewable Energy Group, Inc. (NASDAQ:REGI) on Thursday, November 3 to “Neutral” rating. Canaccord Genuity maintained Renewable Energy Group, Inc. (NASDAQ:REGI) rating on Thursday, June 8. Canaccord Genuity has “Buy” rating and $1600 target.

More notable recent Renewable Energy Group, Inc. (NASDAQ:REGI) news were published by: Globenewswire.com which released: “Renewable Energy Group Reports Second Quarter 2018 Financial Results – GlobeNewswire” on August 06, 2018, also Nasdaq.com with their article: “New Biofuel Stocks on the Run! – Nasdaq” published on September 27, 2018, Nasdaq.com published: “Mid-Afternoon Market Update: Precipio Surges Following Strong Preliminary Q1 Results; aTyr Pharma Shares Slide – Nasdaq” on May 14, 2018. More interesting news about Renewable Energy Group, Inc. (NASDAQ:REGI) were released by: Seekingalpha.com and their article: “Underweight Rating For Renewable Energy Group Ahead Of Q2 Earnings – Seeking Alpha” published on July 25, 2018 as well as Globenewswire.com‘s news article titled: “Renewable Energy Group Completes $32 Million Ralston Biodiesel Expansion – GlobeNewswire” with publication date: May 10, 2018.

International Business Machines Corporation (NYSE:IBM) Institutional Positions Chart

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