Is Schlumberger Limited (NYSE:SLB) a Buy? The Stock Reported more Sellers

Lloyd Doyle
December 3, 2017

Bainco International Investors boosted its holdings in shares of Schlumberger Limited. Proficio Capital Partners LLC now owns 2,035 shares of the oil and gas company's stock worth $145,000 after buying an additional 310 shares in the last quarter. 11,963,517 shares of the company traded hands, compared to its average volume of 7,860,523.

Schlumberger (NYSE:SLB) last posted its quarterly earnings results on Friday, October 20th. It has underperformed by 20.00% the S&P500.

Markel Corp, which manages about $4.69 billion US Long portfolio, upped its stake in Sensata Technologies Holding (NYSE:ST) by 44,000 shares to 148,000 shares, valued at $6.32M in 2017Q2, according to the filing. CCM Investment Advisers LLC now owns 94,274 shares of the oil and gas company's stock worth $7,362,000 after buying an additional 868 shares during the period. Horan Capital Advisors LLC. now owns 29,699 shares of the oil and gas company's stock valued at $2,319,000 after acquiring an additional 891 shares during the period. Morgan Stanley now has $93.92 billion valuation. The stock increased 2.68% or $0.09 during the last trading session, reaching $3.49. About 39.76 million shares traded or 38.54% up from the average. (NASDAQ:CTBI) has risen 20.20% since December 3, 2016 and is uptrending. It has underperformed by 16.70% the S&P500.

Investors sentiment decreased to 0.88 in 2017 Q2. Its down 0.21, from 1.09 in 2017Q1. Denver Investment Advisors LLC raised its position in shares of Schlumberger by 5.8% in the second quarter. Godshalk Welsh Mgmt reported 7,430 shares. Daiwa Securities Gru Inc reported 0.02% stake. Point72 Asia (Hong Kong) Ltd, Hong Kong-based fund reported 186 shares. First Reserve Grp Inc Xii reported 2.07M shares. St James Investment Company Llc bought 19,658 shares as the company's stock declined 11.04% while stock markets rallied. Finally, Coastline Trust Co boosted its stake in Schlumberger by 0.7% during the 2nd quarter. Matrix Asset Advisors owns 153,944 shares. 20,716 are owned by Bridgewater Associate Lp. Northwestern Mutual Wealth holds 203,505 shares or 0.11% of its portfolio. Waldron LP reported 4,013 shares. IDMMF's SI was 40,600 shares in December as released by FINRA. Evanson Asset Mgmt Limited Liability Corp has 12,661 shares. Tractor Supply Company (NASDAQ:TSCO) was reduced too. Gam Holdg Ag holds 301,183 shares. Therefore 50% are positive. Piper Jaffray maintained Schlumberger Limited (NYSE:SLB) on Thursday, July 20 with "Buy" rating. The rating was maintained by Evercore on Saturday, August 22 with "Buy". Credit Suisse upgraded the shares of TTM in report on Tuesday, November 8 to "Outperform" rating. The company was maintained on Tuesday, January 31 by Needham. Howard Weil maintained the stock with "Focus Stock" rating in Monday, January 25 report. The company was maintained on Wednesday, August 30 by Jefferies. $167,265 worth of SYNNEX Corporation (NYSE:SNX) was sold by POLK DENNIS on Thursday, June 1. The Company's Reservoir Characterization Group segment provides reservoir imaging, monitoring, and development services; wireline technologies for open and cased-hole services; slickline services; exploration and production pressure and flow-rate measurement services comprising surface and downhole services; software integrated solutions, such as software, consulting, information management, and IT infrastructure services; consulting services for reservoir characterization, field development planning, and production enhancement; and petrotechnical data services and training solutions, as well as integrated management services. Family Management has invested 2.66% of its portfolio in Schlumberger Limited (NYSE:SLB).

In other Schlumberger news, Director Tore I. Sandvold sold 3,500 shares of the stock in a transaction on Tuesday, October 24th.


Schlumberger's revenue for the quarter was up 12.6% compared to the same quarter last year. equities research analysts anticipate that Schlumberger Limited. will post 1.47 EPS for the current fiscal year.

Among 6 analysts covering TTM Tech (NYSE:TTM), 3 have Buy rating, 1 Sell and 2 Hold. Therefore 80% are positive. Schlumberger Limited. had 123 analyst reports since July 22, 2015 according to SRatingsIntel. The rating was maintained by Citigroup with "Buy" on Wednesday, October 21. Citigroup maintained the stock with "Buy" rating in Tuesday, March 29 report. The firm has "Neutral" rating by given on Monday, October 10. The company was maintained on Friday, October 6 by Cowen & Co. Dougherty & Company upgraded IPG Photonics Corporation (NASDAQ:IPGP) rating on Wednesday, February 15. Jefferies maintained Schlumberger Limited (NYSE:SLB) rating on Friday, August 25.

Investors sentiment decreased to 1.14 in Q2 2017. Its down 0.29, from 1.17 in 2017Q1. It fall, as 99 investors sold SLB shares while 590 reduced holdings. Jacobi Capital Management LLC raised its stake in Schlumberger by 95.8% in the second quarter. Moreover, Wms Prns Limited Liability Company has 0.05% invested in Schlumberger Limited (NYSE:SLB). Oppenheimer Co Inc accumulated 0.2% or 108,526 shares. Compton Capital Management Ri has invested 0.17% in Schlumberger Limited (NYSE:SLB). Dillon reported 26,505 shares stake. Flippin Bruce & Porter, a Virginia-based fund reported 71,650 shares.

Analysts await Schlumberger Limited (NYSE:SLB) to report earnings on January, 19. Princeton Portfolio Strategies Ltd Liability Corporation, New Jersey-based fund reported 70,120 shares. SOL Capital Management CO raised its position in shares of Schlumberger by 8.3% in the second quarter. Its up 6.76% from 19.97M shares, reported previously.

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