Highland Capital Management LLC Maintains Stake in Schlumberger LTD (SLB)

Marco Green
April 16, 2018

Hawk Ridge Management Llc acquired 105,400 shares as Servicemaster Global Hldgs I (SERV)'s stock declined 1.48%. The institutional investor held 247,571 shares of the construction and ag equipment and trucks company at the end of 2017Q4, valued at $11.94M, down from 293,752 at the end of the previous reported quarter. Farmers Trust Co who had been investing in Fedex Corp for a number of months, seems to be less bullish one the $65.33 billion market cap company. About 379,030 shares traded. Cowen set a $85.00 price target on Schlumberger and gave the stock a "buy" rating in a research report on Thursday, January 11th. It has outperformed by 14.95% the S&P500.

Crestwood Advisors Llc decreased its stake in Schlumberger Ltd Com (SLB) by 62.93% based on its latest 2017Q4 regulatory filing with the SEC. The institutional investor held 35,400 shares of the consumer services company at the end of 2017Q4, valued at $3.80 million, down from 82,738 at the end of the previous reported quarter. Lynch & Associates who had been investing in Schlumberger Ltd for a number of months, seems to be less bullish one the $94.18B market cap company. The stock increased 0.20% or $0.01 during the last trading session, reaching $5.09. The fund owned 3,605 shares of the oil and gas company's stock after selling 1,536 shares during the quarter.

Cullen Frost Bankers Inc. lessened its stake in shares of Schlumberger (NYSE:SLB) by 2.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. It has underperformed by 49.46% the S&P500.

Investors sentiment decreased to 0.66 in Q4 2017. Its up 0.06, from 0.77 in 2017Q3. The ratio dropped due to SLB positioning: 90 sold and 672 reduced. Pennsylvania-based Veritable Lp has invested 0.7% in Exxon Mobil Corporation (NYSE:XOM). (OTCMKTS:AHEXY), 0 have Buy rating, 0 Sell and 2 Hold. Capital Ca holds 72,804 shares or 0.73% of its portfolio. Bartlett And Co Limited Liability Co has 0.88% invested in Schlumberger Limited (NYSE:SLB) for 329,046 shares. Valicenti Advisory Service, New York-based fund reported 33,971 shares. 383.04 million shares or 1.04% less from 387.06 million shares in 2017Q3 were reported. Kcm Advsrs Lc stated it has 5,776 shares or 0.02% of all its holdings. Meeder Asset Mngmt owns 4,049 shares for 0.02% of their portfolio. Mariner Wealth Ltd Liability Co reported 42,856 shares. Thrivent Financial For Lutherans holds 61,938 shares. Paragon Cap Management reported 0.49% stake. Legacy Cap Prtnrs reported 17,621 shares. During the same period in the prior year, the company posted $0.27 earnings per share. sell-side analysts anticipate that Schlumberger will post 2.11 earnings per share for the current year. Tcw Group Inc invested 0.16% of its portfolio in FedEx Corporation (NYSE:FDX). Jacobi Capital Management LLC increased its stake in shares of Schlumberger by 95.8% during the second quarter.

Since October 24, 2017, it had 3 insider purchases, and 3 insider sales for $6.93 million activity. AYAT SIMON also sold $5.91M worth of Schlumberger Limited (NYSE:SLB) shares. The shares were bought at an average price of $64.68 per share, with a total value of $646,800.00. Al Mogharbel Khaled also bought $192,900 worth of Schlumberger Limited (NYSE:SLB) shs. Guild Howard sold $1.96M worth of stock or 25,000 shares.

Among 39 analysts covering Schlumberger Limited.

Among 26 analysts covering Exxon Mobil (NYSE:XOM), 10 have Buy rating, 6 Sell and 10 Hold. Therefore 82% are positive. Schlumberger Limited. had 143 analyst reports since July 22, 2015 according to SRatingsIntel. As per Wednesday, October 28, the company rating was maintained by Needham. On Thursday, July 20 the stock rating was maintained by RBC Capital Markets with "Hold". On Friday, October 20 the firm has "Buy" rating by Wells Fargo given. On Wednesday, April 4 the stock of Schlumberger Limited (NYSE:SLB) has "Buy" rating given by Jefferies. Schlumberger presently has an average rating of "Buy" and a consensus target price of $81.08. SunTrust has "Buy" rating and $92 target. The company was initiated on Monday, December 14 by KLR Group. Stadion Money Mngmt Limited Company holds 0.04% in Schlumberger Limited (NYSE:SLB) or 20,209 shs. They expect $0.40 earnings per share, up 60.00% or $0.15 from last year's $0.25 per share. SLB's profit will be $554.38 million for 42.47 P/E if the $0.40 EPS becomes a reality. After $0.48 actual EPS reported by Schlumberger Limited for the previous quarter, Wall Street now forecasts -16.67% negative EPS growth. Finally, ValuEngine downgraded Schlumberger from a hold rating to a sell rating in a report on Sunday, December 31st. Therefore 38% are positive. On Friday, May 27 the stock rating was maintained by UBS with "Buy". The rating was maintained by Credit Suisse on Thursday, February 15 with "Outperform". The firm has "Underweight" rating by Barclays Capital given on Thursday, September 3. As per Tuesday, July 19, the company rating was upgraded by Societe Generale. On Friday, October 20 the stock rating was maintained by Piper Jaffray with "Buy". The rating was maintained by Axiom Capital on Tuesday, January 12 with "Buy". The rating was maintained by RBC Capital Markets on Monday, June 5 with "Hold". Jefferies maintained the shares of SLB in report on Friday, August 25 with "Buy" rating.

Investors sentiment increased to 0.83 in 2017 Q4. Its up 0.05, from 1.2 in 2017Q3. Vanguard Group Inc. raised its holdings in shares of Schlumberger by 2.9% during the second quarter. 107 funds opened positions while 301 raised stakes. Harding Loevner LP now owns 138,957,632 shares of the oil and gas company's stock valued at $569,035,000 after acquiring an additional 129,289,552 shares in the last quarter. It also increased its holding in Abbott Laboratories (NYSE:ABT) by 6,798 shares in the quarter, for a total of 80,320 shares, and has risen its stake in Citigroup Inc (NYSE:C). Walleye Trading Lc holds 0% or 7,403 shares in its portfolio. Sun Life Fincl invested in 26,968 shares or 0.19% of the stock. Green Square Capital Limited Liability Company invested 0.13% of its portfolio in American Tower Corporation (NYSE:REIT). Massmutual Trust Co Fsb Adv accumulated 4,635 shares. Hemenway, a New Hampshire-based fund reported 7,804 shares. Federated Inc Pa stated it has 47,746 shares. 302,270 were accumulated by Jacobs Levy Equity. Sei Invs has 0.48% invested in FedEx Corporation (NYSE:FDX). Schorn Patrick bought $323,950 worth of stock or 5,000 shares. (NASDAQ:DLTR), 27 have Buy rating, 1 Sell and 8 Hold. The insider HENRY BRIAN J bought $2,298. The ex-dividend date was Tuesday, February 6th.

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