Schlumberger Limited (SLB): Insider Trading and Ownership Analysis

Atlanta Capital Management Co Llc sold 17,875 shares as the company’s stock declined 11.04% while stock markets rallied.

Schlumberger Limited (SLB) shares are down -0.83% for the week and that has got investors and traders sitting up and taking note. Morgan Stanley boosted their target price on shares of Schlumberger N.V. from $90.00 to $110.00 and gave the company an “equal weight” rating in a research report on Wednesday, June 21st. The firm owned 13,652 shares of the oil and gas company’s stock after selling 5,115 shares during the period. (NYSE:SLB). Moreover, Hayek Kallen Inv has 1.25% invested in Schlumberger Limited. It has underperformed by 20.00% the S&P500. The stock declined 3.18% or $0.5 reaching $15.4 on the news. The company has market cap of $2.18 billion. The stock rose 0.02% or $0.02 reaching $109.12. Bank of New York Mellon Corp now owns 26,666,760 shares of the oil and gas company’s stock valued at $2,082,673,000 after purchasing an additional 477,006 shares during the period. It is down 2.18% since September 5, 2016 and is downtrending. It has underperformed by 27.93% the S&P500. Of those insider trades, 10,800 shares of Schlumberger Limited were purchased and 45,000 shares were sold. Reliant Invest Ltd reported 2.82% in Schlumberger Limited. (NYSE:SLB), 26 have Buy rating, 1 Sell and 6 Hold. Therefore 79% are positive.

The average Wall Street analyst rating for Schlumberger Limited is Strong Buy, according to the average of 20 analyst scores. As per Wednesday, January 18, the company rating was initiated by SunTrust. The rating was maintained by Morgan Stanley on Monday, April 25 with “Overweight”. Thompson Rubinstein Management Or has invested 2.38% in Schlumberger Limited. (NYSE:SLB) has “Buy” rating given on Thursday, September 3 by Citigroup. The stock of Neothetics Inc (NASDAQ:NEOT) has “Neutral” rating given on Tuesday, December 15 by Piper Jaffray. On Thursday, August 3 the stock rating was downgraded by Oppenheimer to “Perform”. The firm earned “Buy” rating on Saturday, August 22 by Evercore. The stock has “Buy” rating by Nomura on Tuesday, August 16. The firm earned “Outperform” rating on Wednesday, February 22 by FBR Capital. The firm has “Buy” rating given on Wednesday, September 30 by UBS. CURRIE PETER L S bought $250,203 worth of Schlumberger Limited. 5,000 shares valued at $349,100 were sold by SANDVOLD TORE I on Wednesday, June 7.

Investors sentiment decreased to 1.06 in Q4 2016. The average daily volatility for the week was at 1.32%, which was -0.03 lower than that in the past month. It dived, as 65 investors sold SLB shares while 567 reduced holdings. 118 funds opened positions while 550 raised stakes. Court Place Advisors Ltd owns 0.23% invested in Schlumberger Limited. Given that its average daily volume over the 30 days has been 2.49 million shares a day, this signifies a pretty significant change over the norm. Moreover, South Dakota Inv Council has 0.31% invested in Schlumberger Limited. Blackrock Fund holds 0.01% or 3.26M shares. Bkd Wealth Advsrs Limited holds 0.36% or 32,490 shares in its portfolio. Johnson Financial Grp reported 27,841 shares. (NYSE:SLB). 14,211 are owned by Independent Port Consultants. Moody National Bank Trust Division stated it has 0.06% of its portfolio in Schlumberger Limited. It also reduced Spdr Gold Trust (GLD) stake by 417,176 shares and now owns 19,940 shares. Societe Generale downgraded Schlumberger Limited. Farmers & Merchants stated it has 0.19% of its portfolio in Schlumberger Limited. (NYSE:SLB). Klingenstein Fields Limited Liability Corporation has invested 1.54% in Schlumberger Limited. More interesting news about Schlumberger Limited. Bank of New York Mellon Corp lifted its stake in shares of Schlumberger 1.8% in the 1st quarter. About shares traded. Amphenol Corporation (NYSE:APH) has risen 31.78% since September 6, 2016 and is uptrending. It also reduced Coca Cola Co (NYSE:KO) stake by 8,539 shares and now owns 123,950 shares.

Investors sentiment increased to 1.42 in 2016 Q4. 21 funds opened positions while 50 raised stakes. Laurion Limited Partnership reported 1,900 shares. Blue Fin Cap accumulated 0.44% or 7,882 shares. (NYSE:SLB) for 47,601 shares. Pub Employees Retirement Association Of Colorado has 17,990 shares for 0.02% of their portfolio. Guggenheim Cap Ltd holds 0% or 69,721 shares. Pggm Investments reported 403,285 shares. First Republic Invest Mgmt Incorporated holds 701,778 shares. $14.98M worth of Amphenol Corporation (NYSE:APH) shares were sold by REARDON DIANA G. Nationwide Fund Advsr owns 44,158 shares or 0% of their United States portfolio. First Eagle Investment Management LLC boosted its stake in Schlumberger 103.9% during the 2nd quarter. Investors who are keeping close eye on the stock of CenturyLink, Inc. Synovus Corporation accumulated 6,606 shares.

Among 18 analysts covering Universal Health Services Inc. Of those analysts, 10 rate stock as a Strong Buy, 8 rate it as Hold, and just no analyst rates it as a Moderate Sell. Therefore 0 are positive.

According to Schlumberger Limited’s latest 13F filing with the US Securities and Exchange Commission (SEC), institutional ownership is at 80.29%. Cowen & Co maintained the stock with “Outperform” rating in Monday, January 25 report. Credit Suisse has “Buy” rating and $7800 target. Dundee Securities upgraded the stock to “Buy” rating in Wednesday, July 6 report. The firm has “Hold” rating given on Friday, May 5 by Bernstein.

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