As Schlumberger LTD (SLB) Shares Rose, Shareholder Front Barnett Associates LLC Increased Stake

June 27, 2018 - By Daniel Mitchell

Schlumberger Limited (NYSE:SLB) Corporate LogoBig Money Sentiment increased to 1.2 in Q1 2018. It has change of 0.54, from 2017Q4’s 0.66. The ratio is positive due to SLB positioning: 60 sold and 488 reduced. 111 funds acquired positions and 548 increased positions. Investors holded 1.05 billion in 2017Q4 but now own 1.04 billion shares or 1.22% less. New York-based Pinebridge Invests Limited Partnership has invested 0% in Schlumberger Limited (NYSE:SLB). Blue invested in 4,846 shs. Hermes Invest stated it has 5,832 shs. 292,855 are owned by Axa. Trust Of Toledo Na Oh stated it has 44,721 shs or 0.76% of all its holdings. 729,000 are held by Barrow Hanley Mewhinney And Strauss Ltd Limited Liability Company. Lathrop Invest Corporation invested in 3.05% or 164,293 shs. Private Wealth Advsr invested in 24,055 shs. Reynders Mcveigh Management Limited Liability Company holds 0% or 828 shs in its capital. Dc Cap owns 200,000 shs. Jolley Asset Mngmt Ltd invested 2.12% in Schlumberger Limited (NYSE:SLB). Haverford Fin Ser invested in 2.16% or 87,785 shs. Klingenstein Fields Co Limited Liability holds 376,388 shs or 0.93% of its capital. Sumitomo Life Ins Com owns 57,026 shs. Buckhead Capital Mngmt Limited Liability Company stated it has 3,580 shs or 0.05% of all its holdings.

SLB had 3 sales and 3 insider buys since January 22, 2018. This’s net activity of $6.93 million. On Wednesday, May 16 Jaramillo Claudia sold $218,049 worth of Schlumberger Limited (NYSE:SLB) or 3,000 shs. Shares for $5.91M were sold by AYAT SIMON on Wednesday, January 24. KIBSGAARD PAAL bought 10,000 shs worth $646,800. Shares for $1.96 million were sold by Guild Howard on Monday, January 22. On Wednesday, March 28 Shares for $192,900 were bought by Al Mogharbel Khaled.

Front Barnett Associates Llc’s holdings in Schlumberger Ltd. (SLB) is increased by 45.12% based on its latest 2018Q1 regulatory filing with the SEC. The company’s stock popped up 2.80% while Front Barnett Associates Llc bought 50,390 shares. The oilfield services and equipment company at the end of 2018Q1 was valued at $10.50 million. It’s up from 111,670 at the end of the previous reported quarter. Now it had 162,060 shares held by the institutional investor . Front Barnett Associates Llc has cut its stake in and also reduced its holding in by shares in the quarter, for a total of shares.

For more Schlumberger Limited (NYSE:SLB) news announced briefly go to: Bizjournals.com, Finance.Yahoo.com, Seekingalpha.com, Seekingalpha.com or Seekingalpha.com. The titles are as follows: “See which Houston public cos. were the biggest winners, losers for job growth since 2009” announced on June 25, 2018, “Should Income Investors Buy Schlumberger Limited (NYSE:SLB) Before Its Ex-Dividend?” on June 02, 2018, “Baker Hughes to go it alone as GE confirms plan to unload” with a publish date: June 26, 2018, “An Undervalued Services Play Due For Catch-Up” and the last “Schlumberger: Another Win” with publication date: June 24, 2018.

Schlumberger Limited (NYSE:SLB) Ratings Coverage

In total 17 analysts cover Schlumberger Limited (NYSE:SLB). “Buy” rating has 16, “Sell” are 0, while 1 are “Hold”. (NYSE:SLB) has 94% bullish analysts. With $95.0 highest and $75.0 lowest PT, Schlumberger Limited has $81.67 average PT or 21.26% above the current ($67.35) price. 28 are the (NYSE:SLB)’s ratings reports on 27 Jun 2018 according to StockzIntelligence Inc. On Friday, April 13 Cowen & Co maintained Schlumberger Limited (NYSE:SLB) rating. Cowen & Co has “Buy” rating and $7700 target. On Thursday, March 15 the rating was maintained by Cowen & Co with “Buy”. On Monday, April 23 Seaport Global maintained Schlumberger Limited (NYSE:SLB) with “Buy” rating. The company rating was maintained by Citigroup on Monday, June 25. On Monday, January 22 the rating was maintained by FBR Capital with “Buy”. On Thursday, May 24 the firm earned “Buy” rating by Wells Fargo. The stock rating was maintained by Citigroup with “Buy” on Wednesday, June 13. On Monday, January 22 the stock has “Overweight” rating by Atlantic Securities. On Monday, April 23 the company was maintained by SunTrust. On Tuesday, January 16 RBC Capital Markets maintained Schlumberger Limited (NYSE:SLB) with “Buy” rating.

Schlumberger Limited (NYSE:SLB) Institutional Investors Chart

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