Compass Capital Management Buys IBM Shares; Capital World Adds Stake
Compass Capital Management bought 3,000 IBM shares worth about $727,000. Capital World Investors increased its stake in IBM shares by 29.2% in the fourth quarter. IBM reported $2.93 EPS for the quarter, meeting consensus, and will pay a $1.69 dividend to record holders Aug. 10, with a 59.98% payout ratio. Analyst calls were mixed.