Schlumberger LTD (NYSE:SLB) Big Money Sentiment Index Dropped in 2017 Q4 to 0.66

May 16, 2018 - By Darrel Chase

Schlumberger Limited (NYSE:SLB) Corporate Logo

“Big money” Positions

“Big money sentiment for Schlumberger LTD (NYSE:SLB) in Q4 2017 decreased to 0.66, SEC filings reveal. That’s down -0.22, from 2017Q3’s 0.88. 505 institutional investors increased and started new positions, while 762 sold and trimmed equity positions in Schlumberger LTD so the sentiment has dropped. These funds own 1.05 billion shares, that’s down from 1.20 billion shares in 2017Q3. Funds holding Schlumberger LTD in top 10 decreased from 39 to 31 for a decrease of 8. In total 90 funds closed positions, 672 reduced and 365 increased. Also 140 funds bought new Schlumberger LTD stakes.

Most Schlumberger LTD Investors

As of Q4 2017 Northern Cross Llc has 17.38% invested in Schlumberger LTD. As of Q4 2017, 338,762 shares of Schlumberger LTD are owned by Sequent Asset Management Llc. D.C. Capital Advisors Ltd reported 200,000 shares. Holowesko Partners Ltd. revealed 1.41 million shares position in Schlumberger LTD. The Maryland-based fund Adams Natural Resources Fund Inc. looks positive on Schlumberger LTD, having 525,400 shares.

Schlumberger Limited supplies technology services and products to the gas and oil exploration and production industry worldwide.The company has $100.96 billion market cap. 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.Last it reported negative earnings. The Company’s Drilling Group segment designs, makes, and markets roller cone and fixed cutter drill bits; supplies drilling fluid systems; provides pressure drilling and underbalanced drilling solutions, and environmental services and products; mud logging services; land drilling rigs and support services; and well planning and drilling, engineering, supervision, logistics, procurement, contracting, and drilling rig management services, as well as bottom-hole-assembly, borehole-enlargement technologies, impact tools, tubulars, and tubular services.

The stock increased 1.79% or $1.285 during the last trading session, touching $72.885.Schlumberger Limited has volume of 3.57M shares. Since May 16, 2017 SLB has declined 16.28% and is downtrending. SLB underperformed the S&P500 by 27.83%.

On July, 20 Schlumberger Limited (NYSE:SLB)’s earnings report is awaited by WallStreet, as reported by RTT. Analysts forecast 31.43 % diference or $0.46 from the $0.35 EPS from 2017. If the current earnings per share of $0.46 is accurate, SLB’s profit could reach $637.16 million. Wall Street now forecasts 21.05 % EPS growth despite Schlumberger Limited previous quarter’s EPS of $0.38.

Kentucky Retirement Fund holds 36,788 shs. 3,822 are held by Fincl Consulate. Bright Rock Mngmt Ltd Liability Co has 1.1% invested in Schlumberger Limited (NYSE:SLB) for 60,000 shs. Klingenstein Fields And Co Ltd Co stated it has 372,588 shs or 0.92% of all its holdings. Waters Parkerson Co Ltd Liability Co owns 295,429 shs. The Illinois-based Ubs Asset Management Americas has invested 0.24% in Schlumberger Limited (NYSE:SLB). Glg Ltd Limited Liability Company reported 167,556 shs or 0.81% of all its holdings. Southport Mgmt Limited invested in 10,000 shs or 1.66% of the stock. Murphy Pohlad Asset Mngmt Ltd Llc reported 15,810 shs. The New York-based Ibm Retirement Fund has invested 0.43% in Schlumberger Limited (NYSE:SLB). The North Carolina-based Bb&T has invested 0.29% in Schlumberger Limited (NYSE:SLB). Adirondack Trust Com has 3,440 shs for 0.17% of their capital. Deutsche Savings Bank Ag has 7.24M shs. San Francisco Sentry Investment Gp (Ca) holds 0.15% in Schlumberger Limited (NYSE:SLB) or 7,820 shs. Beach Invest Counsel Inc Pa holds 0.44% or 67,452 shs.

Schlumberger Limited registered $6.71 million net activity with 3 buys and 2 insider sales since January 22, 2018. 10,000 shs were bought by KIBSGAARD PAAL, worth $646,800. Al Mogharbel Khaled bought $192,900 worth of Schlumberger Limited (NYSE:SLB) or 3,000 shs on Wednesday, March 28. Another trade for 5,000 shs valued at $323,950 was bought by Schorn Patrick. On Monday, January 22 Guild Howard had sold 25,000 shs worth $1.96M.

Schlumberger Limited (NYSE:SLB) Ratings Coverage

Total analysts of 15 have positions in Schlumberger Limited (NYSE:SLB) as follows: 14 rated it a “Buy”, 0 with “Sell” and 1 with “Hold”. The positive are 93%. Since December 21, 2017 according to StockzIntelligence Inc Schlumberger Limited has 25 analyst reports. In Monday, February 26 report Bank of America upgraded the stock to “Buy” rating. On Monday, January 22 the stock has “Buy” rating by FBR Capital. On Monday, April 23 SunTrust maintained Schlumberger Limited (NYSE:SLB) with “Buy” rating. On Monday, January 22 the stock has “Buy” rating by Credit Suisse. On Monday, January 15 BMO Capital Markets maintained the shares of SLB in report with “Hold” rating. On Monday, January 22 the firm has “Buy” rating given by Seaport Global. The company rating was maintained by RBC Capital Markets on Tuesday, January 16. In Wednesday, April 4 report Jefferies maintained the stock with “Buy” rating. On Thursday, January 4 the stock of Schlumberger Limited (NYSE:SLB) earned “Buy” rating by Jefferies. On Monday, January 22 Jefferies maintained the shares of SLB in report with “Buy” rating.

Another two news for Schlumberger Limited (NYSE:SLB) were recently released by: Seekingalpha.com on April 23, 2018 with title “Schlumberger Keeps Chugging Along”. The other 247Wallst.com‘s article was titled “Why Schlumberger’s Earnings Beat Isn’t Helping the Stock” and released on April 20, 2018.

Schlumberger Limited (NYSE:SLB) Institutional Investors Chart

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