International Business Machs Com (IBM) Shareholder Cedar Hill Associates Lifted Stake by $440,074 as Stock Price Rose; Silvercrest Asset Management Group Cut Hershey Co Com (HSY) Holding as Stock Rose

September 14, 2018 - By Jacqueline McKee

The Hershey Company (NYSE:HSY) Logo

Cedar Hill Associates Llc increased its stake in International Business Machs Com (IBM) by 166.72% based on its latest 2018Q2 regulatory filing with the SEC. Cedar Hill Associates Llc bought 3,166 shares as the company’s stock rose 0.15% with the market. The hedge fund held 5,065 shares of the computer manufacturing company at the end of 2018Q2, valued at $708,000, up from 1,899 at the end of the previous reported quarter. Cedar Hill Associates Llc who had been investing in International Business Machs Com for a number of months, seems to be bullish on the $135.58 billion market cap company. The stock decreased 0.28% or $0.41 during the last trading session, reaching $148.54. About 444,261 shares traded. International Business Machines Corporation (NYSE:IBM) has risen 0.56% since September 14, 2017 and is uptrending. It has underperformed by 15.06% the S&P500. Some Historical IBM News: 24/03/2018 – Crown Prince Tours IBM Watson Health Center; 15/05/2018 – Veridium to Use IBM Blockchain Technology to Create Social and Environmental Impact Tokens; 06/03/2018 – BayCare Hospitals Named Among Nation’s 100 Top Hospitals by IBM Watson Health; 17/04/2018 – IBM – REPORTED QTRLY GAAP TAX RATE ALSO INCLUDES ADDITIONAL PROVISIONAL CHARGE OF $0.1 BILLION; 17/04/2018 – $IBM numbers. Down 5% after hours on the report; 17/04/2018 – $IBM extends drop after-hours, down now more than 4%; 15/05/2018 – Syncsort Addresses Intensifying IBM i Data Availability Challenges with New Release of MIMIX; 17/04/2018 – IPONWEB Brings on New Leadership Team to Service Enterprise Clients in the U.S; 26/04/2018 – HOST HOTELS & RESORTS INC – COMPANIES WILL COLLABORATE TO DEVELOP PREDICTIVE MODELS DESIGNED TO IMPROVE INVESTMENT DECISIONS; 15/05/2018 – BERKSHIRE HATHAWAY 13-F FILING WITH U.S. SEC SHOWS IT HAS DISSOLVED ITS SHARE STAKE IN IBM CORP IBM.N

Silvercrest Asset Management Group Llc decreased its stake in Hershey Co Com (HSY) by 10.48% based on its latest 2018Q2 regulatory filing with the SEC. Silvercrest Asset Management Group Llc sold 4,700 shares as the company’s stock rose 16.22% with the market. The hedge fund held 40,137 shares of the specialty foods company at the end of 2018Q2, valued at $3.74M, down from 44,837 at the end of the previous reported quarter. Silvercrest Asset Management Group Llc who had been investing in Hershey Co Com for a number of months, seems to be less bullish one the $22.08B market cap company. The stock decreased 1.04% or $1.1125 during the last trading session, reaching $105.4875. About 129,576 shares traded. The Hershey Company (NYSE:HSY) has declined 3.25% since September 14, 2017 and is downtrending. It has underperformed by 18.87% the S&P500. Some Historical HSY News: 17/05/2018 – HERSHEY INVESTING $100M IN FOUR U.S. PLANTS TO BOOST PRODUCTION; 03/04/2018 – Hershey Announces Cocoa For Good, the Company’s Half-Billion Dollar Sustainable Cocoa Strategy; 26/04/2018 – Hershey’s quarterly sales beat estimates; 09/03/2018 – Moody’s Confirms Hershey’s A1 Ratings; Affirms Prime-1; Outlook Stable; 27/04/2018 – Ad Age: Hershey gives McGarryBowen a piece of its creative business; 20/03/2018 – A Decade of Madness: REESE’S and NCAA® Celebrate 10 Years of Teamwork and REESE’S College All-Star Game; 26/04/2018 – Hershey’s Brand Investments Boost Sales; 05/04/2018 – Shine On: Ice Breakers Brand Debuts Glitter Gum; 10/04/2018 – “Hershey’s portfolio is over-exposed to slowing category consumption, intensifying competition, and rising cocoa prices,” the firm’s analyst writes; 19/03/2018 – HERSHEY IS SAID TO EXPLORE OPTIONS FOR TYRRELLS: SKY

More notable recent International Business Machines Corporation (NYSE:IBM) news were published by: Finance.Yahoo.com which released: “5 Dow Jones Stocks That Are Gaining New Ground” on September 14, 2018, also Fool.com with their article: “Better Buy: Cisco Systems, Inc. vs. IBM” published on September 11, 2018, Prnewswire.com published: “Caesars Entertainment Partners with IBM and Salesforce, Leveraging Technology to Deliver Transformative VIP …” on September 13, 2018. More interesting news about International Business Machines Corporation (NYSE:IBM) were released by: Fool.com and their article: “3 Dividend Stocks Perfect for Retirees” published on September 13, 2018 as well as Seekingalpha.com‘s news article titled: “Sally Beauty engages IBM iX to transform its commerce experience” with publication date: September 10, 2018.

Investors sentiment decreased to 0.9 in 2018 Q2. Its down 0.21, from 1.11 in 2018Q1. It is negative, as 62 investors sold IBM shares while 617 reduced holdings. 120 funds opened positions while 493 raised stakes. 489.70 million shares or 2.28% less from 501.15 million shares in 2018Q1 were reported. Franklin Res invested in 521,029 shares or 0.04% of the stock. Caprock has invested 0.32% in International Business Machines Corporation (NYSE:IBM). Avalon Advisors Limited Com reported 0.01% stake. Trillium Asset Management Lc stated it has 5,331 shares or 0.04% of all its holdings. Bnp Paribas Asset Hldg Sa has 151,546 shares for 0.18% of their portfolio. Nomura Hldgs owns 78,550 shares. Wells Fargo Mn has 7.32M shares for 0.3% of their portfolio. Cedar Hill Associates Lc invested in 5,065 shares. Illinois-based Evanston Invs Dba Evanston Advisors has invested 1.79% in International Business Machines Corporation (NYSE:IBM). Wilbanks Smith Thomas Asset Ltd Co invested in 0.12% or 10,345 shares. Rwwm invested in 7.82% or 170,951 shares. Somerset Trust holds 1% or 13,339 shares. Comerica Bank & Trust has invested 0.43% in International Business Machines Corporation (NYSE:IBM). Comerica accumulated 0.41% or 24,150 shares. Advsrs Limited Liability Co reported 978 shares.

Cedar Hill Associates Llc, which manages about $1.20B and $481.27 million US Long portfolio, decreased its stake in Discovery Inc Com Ser C (NASDAQ:DISCK) by 31,713 shares to 254,374 shares, valued at $6.49 million in 2018Q2, according to the filing. It also reduced its holding in Pimco Enhanced Low Duration Active Exchange (LDUR) by 31,543 shares in the quarter, leaving it with 30,365 shares, and cut its stake in Metlife Inc Com (NYSE:MET).

Since August 3, 2018, it had 0 insider purchases, and 1 insider sale for $1.67 million activity.

Among 34 analysts covering International Business Machines (NYSE:IBM), 14 have Buy rating, 4 Sell and 16 Hold. Therefore 41% are positive. International Business Machines had 134 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Bernstein with “Market Perform” on Tuesday, July 19. The firm has “Neutral” rating by Citigroup given on Tuesday, July 19. The stock of International Business Machines Corporation (NYSE:IBM) has “Market Perform” rating given on Friday, November 20 by JMP Securities. RBC Capital Markets maintained International Business Machines Corporation (NYSE:IBM) rating on Tuesday, October 20. RBC Capital Markets has “Sector Perform” rating and $150.0 target. The rating was maintained by Morgan Stanley with “Overweight” on Thursday, March 31. The stock of International Business Machines Corporation (NYSE:IBM) has “Buy” rating given on Tuesday, October 20 by Stifel Nicolaus. Jefferies maintained it with “Underperform” rating and $125 target in Tuesday, July 19 report. The stock has “Sell” rating by Jefferies on Wednesday, September 20. As per Tuesday, April 19, the company rating was maintained by Goldman Sachs. The firm earned “Perform” rating on Tuesday, August 16 by Oppenheimer.

Investors sentiment increased to 0.92 in Q2 2018. Its up 0.12, from 0.8 in 2018Q1. It improved, as 45 investors sold HSY shares while 215 reduced holdings. 75 funds opened positions while 165 raised stakes. 107.15 million shares or 2.06% less from 109.40 million shares in 2018Q1 were reported. Toronto Dominion Bank holds 0.02% or 93,297 shares. owns 172,893 shares. Fort Lp reported 1,317 shares stake. Riverhead Capital Management Limited Company owns 8,933 shares for 0.03% of their portfolio. Pinebridge Lp reported 0.06% stake. California State Teachers Retirement System has 231,366 shares for 0.04% of their portfolio. Ameritas Invest Prtn Inc has 2,682 shares for 0.01% of their portfolio. Moreover, Mutual Of America Capital Management Lc has 0.03% invested in The Hershey Company (NYSE:HSY). Dekabank Deutsche Girozentrale has invested 0.03% in The Hershey Company (NYSE:HSY). Mackay Shields Limited Com has invested 0.01% in The Hershey Company (NYSE:HSY). Federated Invsts Pa has 14,443 shares for 0% of their portfolio. Jacobs Levy Equity has 0.02% invested in The Hershey Company (NYSE:HSY) for 16,680 shares. 2,817 are owned by Dupont Capital Corporation. Veritable Lp has invested 0.02% in The Hershey Company (NYSE:HSY). Cognios Cap Lc has 24,662 shares for 0.8% of their portfolio.

Since May 24, 2018, it had 0 insider purchases, and 4 selling transactions for $3.91 million activity. $497,313 worth of The Hershey Company (NYSE:HSY) shares were sold by SHEDLARZ DAVID L. The insider WALLING KEVIN R sold 30,835 shares worth $3.12 million.

Analysts await The Hershey Company (NYSE:HSY) to report earnings on October, 25. They expect $1.55 earnings per share, up 16.54% or $0.22 from last year’s $1.33 per share. HSY’s profit will be $324.44 million for 17.01 P/E if the $1.55 EPS becomes a reality. After $1.14 actual earnings per share reported by The Hershey Company for the previous quarter, Wall Street now forecasts 35.96% EPS growth.

Silvercrest Asset Management Group Llc, which manages about $15.87 billion and $10.68 billion US Long portfolio, upped its stake in Bank Of The Ozarks Inc Com (NASDAQ:OZRK) by 7,948 shares to 519,443 shares, valued at $23.40 million in 2018Q2, according to the filing. It also increased its holding in Us Ecology Inc Com (NASDAQ:ECOL) by 51,728 shares in the quarter, for a total of 1.65M shares, and has risen its stake in F M C Corp Com New (NYSE:FMC).

More notable recent The Hershey Company (NYSE:HSY) news were published by: Themiddlemarket.com which released: “8 strategic buyers leverage data, sell more snacks, cater to seniors” on September 13, 2018, also Globenewswire.com with their article: “Hershey to Acquire Pirate Brands From B&G Foods” published on September 12, 2018, Investorplace.com published: “Grossman Is Engineering a Real Weight Watchers Stock Turnaround” on September 12, 2018. More interesting news about The Hershey Company (NYSE:HSY) were released by: Seekingalpha.com and their article: “Wall Street Breakfast: Trio Of Central Bank Decisions” published on September 13, 2018 as well as Streetinsider.com‘s news article titled: “Hershey (HSY) PT Raised to $110 at Deutsche Bank on Pirate Brands Deal” with publication date: September 14, 2018.

Among 23 analysts covering The Hershey Company (NYSE:HSY), 2 have Buy rating, 7 Sell and 14 Hold. Therefore 9% are positive. The Hershey Company had 79 analyst reports since August 5, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Wednesday, September 6 by BMO Capital Markets. Stifel Nicolaus maintained it with “Hold” rating and $95 target in Friday, July 27 report. The firm has “Neutral” rating by UBS given on Friday, October 27. The stock has “Hold” rating by BMO Capital Markets on Wednesday, June 14. On Monday, August 10 the stock rating was maintained by Deutsche Bank with “Hold”. BMO Capital Markets maintained The Hershey Company (NYSE:HSY) rating on Friday, October 27. BMO Capital Markets has “Hold” rating and $105.0 target. TheStreet downgraded the shares of HSY in report on Tuesday, August 11 to “Hold” rating. The rating was downgraded by Wells Fargo on Wednesday, August 5 to “Market Perform”. As per Friday, February 2, the company rating was maintained by Morgan Stanley. The company was maintained on Friday, October 27 by Citigroup.

The Hershey Company (NYSE:HSY) Institutional Positions Chart

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