Has $49.75 Million Stake in Schlumberger NV (NYSE:SLB)

Oct 23, 2017, 01:28
Has $49.75 Million Stake in Schlumberger NV (NYSE:SLB)

CIGNA had 45 analyst reports since July 27, 2015 according to SRatingsIntel. Vetr raised Schlumberger NV from a "hold" rating to a "buy" rating and set a $95.37 target price on the stock in a research note on Tuesday, December 13th. On Friday, April 7 the stock rating was maintained by Jefferies with "Buy". The company was maintained on Friday, October 13 by Jefferies. As per Monday, January 25, the company rating was maintained by Oppenheimer. The rating was maintained by Compass Point on Monday, October 12 with "Buy". The firm earned "Hold" rating on Friday, September 15 by Cowen & Co. Given the stock's recent action, it seemed like a good time to take a closer look at the company's recent data. (NYSE:SLB) rating on Thursday, September 3. See Investors Bancorp, Inc.

Kanawha Capital Management LLC lifted its stake in shares of Schlumberger N.V. (NYSE:SLB) by 5.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. Schlumberger NV comprises 1.7% of Hourglass Capital LLC's holdings, making the stock its 21st largest position. As of the end of the quarter Mutual Of America Capital Management LLC had sold 16,946 shares trimming its holdings by 9.0%. The stock's market capitalization is 87.43B, it has a 52-week low of 61.40 and a 52-week high of 87.84. (NYSE SLB) traded down 2.09% during midday trading on Wednesday, reaching $63.15. About 19.26M shares traded or 194.95% up from the average.

Amid volatile financial markets and the presidential election, various investment brokerages have made amendments to their price targets and ratings on shares of Schlumberger N.V. (NYSE:SLB). It has underperformed by 20.00% the S&P500.

Since May 30, 2017, it had 1 buying transaction, and 2 sales for $2.87 million activity. About 2.74 million shares traded. Citigroup upgraded Schlumberger Limited. Deutsche Bank AG began coverage on shares of Schlumberger N.V.in a research report on Tuesday, October 10th. SANDVOLD TORE I also sold $349,100 worth of Schlumberger Limited.

Schlumberger N.V. had its "outperform" rating reiterated by analysts at RBC Capital. (NYSE:SLB), 25 have Buy rating, 1 Sell and 7 Hold. Therefore 76% are positive. The firm has "Buy" rating given on Thursday, June 1 by Keefe Bruyette & Woods. (NYSE:SLB) earned "Overweight" rating by Morgan Stanley on Monday, April 25. The firm has "Buy" rating by Societe Generale given on Tuesday, July 19. RBC Capital Markets maintained the stock with "Buy" rating in Friday, October 6 report. Scotia Capital maintained Schlumberger Limited. KLR Group initiated it with "Buy" rating and $105.0 target in Monday, December 14 report. Finally, Royal Bank Of Canada set a $86.00 price target on Schlumberger N.V. and gave the stock a buy rating in a research report on Saturday, October 7th. The firm has "Buy" rating by Citigroup given on Wednesday, March 23.

The short-interest ratio decreased to 3.0 and the percentage of shorted shares was 0.02% on September 29. Schlumberger was last up 0.16 percent, while Baker Hughes were down just over 1 percent. It improved, as 30 investors sold SLM shares while 80 reduced holdings. 91 funds opened positions while 513 raised stakes. (NYSE:SLB). Delaware-based Lau Associate Lc has invested 0.92% in Schlumberger Limited. Crestwood Advisors Group LLC now owns 236,477 shares of the oil and gas company's stock valued at $16,188,000 after buying an additional 4,669 shares during the last quarter. Rhumbline Advisers owns 453,133 shares. 65,070 are owned by Nippon Life Investors Americas. (SLB) Stock Is Sinking Today" on October 20, 2017, also Seekingalpha.com with their article: "Schlumberger's (SLB) CEO Paal Kibsgaard on Q3 2017 Results - Earnings Call ..." published on October 20, 2017, Nasdaq.com published: "Earnings Reaction History: "Schlumberger Ltd, 58.3% Follow-Through Indicator, 2 ..." on October 19, 2017. (NYSE:SLB) for 46,261 shares. Rothschild Asset invested in 0.34% or 2.26 million shares. Forte Limited Liability Corp Adv invested in 0.1% or 4,412 shares. 217.98 million shares or 0.25% less from 218.52 million shares in 2017Q1 were reported. Hightower Advisors Limited Liability Company reported 12,408 shares. Shell Asset Mngmt Company owns 260,375 shares or 0.43% of their United States portfolio. Duff And Phelps Inv Mgmt Co has invested 0.01% in Schlumberger Limited. Share performance for the month is now at -4.61%. Janney Management Lc reported 3,357 shares. The Parsec Financial Management Inc holds 94,201 shares with $6.20 million value, up from 88,963 last quarter.

Schlumberger N.V.is a supplier of technology, integrated project management and information solutions to the worldwide oil and gas exploration and production industry. (NYSE:SLB) for 2.48M shares. $250,203 worth of Schlumberger Limited.

Lannett Company, Inc. develops, manufactures, markets and distributes generic versions of brand pharmaceutical products. The company has market cap of $234.31 million. The Company's divisions include the Commercial & Industrial Group, the Snap-on Tools Group, the Repair Systems & Information Group, and Financial Services. The institutional investor held 70,120 shares of the oilfield services and equipment company at the end of 2017Q2, valued at $4.62M, up from 63,260 at the end of the previous reported quarter. 131 funds opened positions while 449 raised stakes. (NASDAQ:EXEL) for 51,000 shares. Vident Advisory Ltd reported 0.02% in Investors Bancorp, Inc. (NASDAQ:EXEL). Bank & Trust Of New York Mellon invested 0.01% in Exelixis, Inc. 432 shares were sold by MCCORMICK WILLIAM T JR/WI, worth $68,288 on Monday, May 15. Pnc Svcs Group Inc holds 3.35M shares or 0.75% of its portfolio. 387.02 million shares or 0.60% more from 384.71 million shares in 2017Q1 were reported.

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