Stocks
Nvest Financial LLC Boosts Holdings in International Business Machines Corporation by 265%
Nvest Financial LLC increased its holdings in International Business Machines Corporation (NYSE:IBM) by 265% during the second quarter, according to a recent Form 13F filing with the SEC.
The fund now owns 8,564 shares of IBM's stock after purchasing an additional 6,218 shares during the quarter. Nvest Financial LLC's holdings in International Business Machines were worth $2,408,000 at the end of the most recent reporting period.
Wall Street analysts forecast growth for IBM, with a consensus target price of $265.16 and an average rating of 'Moderate Buy' from 17 investment analysts who have rated the stock.