Published: Wed, May 16, 2018
Business | By Tara Barton

Shares in Schlumberger (NYSE:SLB) Purchased by Two Sigma Advisers LP


The stock increased 1.19% or $2 during the last trading session, reaching $170.52. About 5.45 million shares traded. It has outperformed by 49.50% the S&P500.

Bank Of Montreal decreased its stake in Schlumberger Ltd (SLB) by 12.58% based on its latest 2017Q4 regulatory filing with the SEC. Page Arthur B sold 16,280 shares as the company's stock declined 4.39% with the market. First Eagle Investment Management LLC now owns 17,406,016 shares of the oil and gas company's stock valued at $1,214,244,000 after acquiring an additional 1,380,252 shares in the last quarter. Colony Group Llc who had been investing in Schlumberger Limited for a number of months, seems to be less bullish one the $99.58 billion market cap company. The firm has $95.0 highest and $73.0 lowest target. About 1.61 million shares traded. The ROIC Quality of Schlumberger Limited (NYSE:SLB) is 7.357204. It has underperformed by 27.83% the S&P500.

Investors sentiment decreased to 0.66 in Q4 2017. That's change of 0.22, from 2017Q3's 0.88. A statistical measure of the dispersion of returns (volatility) for SLB producing salvation in Investors mouth, it has week volatility of 2.57% and for the month booked as 2.16%. 140 funds opened positions while 365 raised stakes. Fulton Bancorporation Na owns 0.05% invested in Schlumberger Limited (NYSE:SLB) for 10,927 shares. Spinnaker Tru accumulated 24,437 shares. City Holding invested in 37,059 shares or 0.79% of the stock. Cap Planning Ltd Limited Liability Company invested in 14,170 shares. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 88,043,418 shares of the stock are valued at $6.26 billion. Over the last six months, Schlumberger Limited's stock has been 7.04% and 0.82% for the year. Ckw Financial accumulated 0.02% or 1,500 shs.

At the end of 12/31/2017 reporting period, 851 institutional holders increased their position in Schlumberger Limited (NYSE:SLB) by some 84,094,037 shares, 760 decreased positions by 102,643,844 and 151 held positions by 933,802,827. Penobscot Investment Management invested in 13,680 shares. Following the completion of the transaction, the insider now directly owns 30,482 shares of the company's stock, valued at $1,959,992.60. Engineers Gate Manager Lp, a New York-based fund reported 19,792 shares. Riverpark Advsr Ltd Liability Com holds 439,427 shs.

SLB registered $6.71 million net activity with 3 insider purchases and 2 selling transactions since January 22, 2018. AYAT SIMON had sold 75,000 shares worth $5.91M.

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Finally, American International Group Inc. grew its holdings in shares of Southwest Airlines by 2.5% in the fourth quarter. Also, there are 2 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.47 average brokerage recommendation.

In recent action, Schlumberger Limited (SLB) has made a move of +4.61% over the past month, which has come on weak relative transaction volume.

In related news, insider Mogharbel Khaled Al bought 3,000 shares of the stock in a transaction that occurred on Wednesday, March 28th. On Monday, March 26 Schorn Patrick bought $323,950 worth of Schlumberger Limited (NYSE:SLB) or 5,000 shares.

Page Arthur B, which manages about $114.86 million US Long portfolio, upped its stake in Eog Resources (NYSE:EOG) by 4,871 shares to 8,751 shares, valued at $945,000 in 2017Q4, according to the filing.

CT lifted its stake in Schlumberger (NYSE:SLB) by 125.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. 247Wallst.com's article titled: "Why Schlumberger's Earnings Beat Isn't Helping the Stock" and published on April 20, 2018 is yet another important article. The Piotroski F-Score of Schlumberger Limited (NYSE:SLB) is 7. SunTrust Banks upgraded shares of Schlumberger from a "hold" rating to a "buy" rating in a research report on Tuesday, April 3rd. Therefore 93% are positive. Cenovus Energy Inc had 29 analyst reports since July 21, 2015 according to SRatingsIntel. On Friday, April 13 Cowen & Co maintained Schlumberger Limited (NYSE:SLB) with "Buy" rating. The firm earned "Hold" rating on Monday, January 15 by BMO Capital Markets. The company was maintained on Wednesday, October 5 by Citigroup. Nomura upgraded the stock to "Neutral" rating in Thursday, January 21 report. The firm has "Overweight" rating by Barclays Capital given on Monday, February 6. On Monday, January 22 the company was maintained by Seaport Global. Credit Suisse Group set a $86.00 target price on shares of Schlumberger and gave the company a "buy" rating in a research report on Wednesday, March 14th. The rating was maintained by Goldman Sachs on Thursday, June 22 with "Neutral". Schlumberger Limited (NYSE:SLB) has declined 16.28% since May 15, 2017 and is downtrending. Susquehanna Bancshares set a $87.00 target price on shares of Schlumberger and gave the stock a "buy" rating in a research report on Monday, April 23rd. Nucor Corporation (NYSE:NUE) has risen 1.23% since May 15, 2017 and is uptrending. Its up 0.06, from 1.13 in 2017Q3. Holowesko Prtn Ltd reported 1.41 million shs stake. Virtu Fincl Ltd holds 15,699 shares. Susquehanna Interest Group Inc Llp owns 326,252 shares for 0.01% of their portfolio. Ashford Capital holds 3.13% of its portfolio in Copart, Inc. The company reported EPS (ttm) of -0.85. The price to earnings ratio for Schlumberger Limited (NYSE:SLB) is -78.201166. (NASDAQ:CPRT). Sei stated it has 0.01% in Copart, Inc. Ubs Asset Mgmt Americas has 4.23M shs for 0.24% of their capital. Atlanta Capital Mngmt L L C holds 1.07% or 4.73M shares. Cambridge Inv Research Advisors invested in 0% or 5,447 shares. Credit Agricole S A holds 0.14% or 31,807 shares in its portfolio. Sheets Smith Wealth Mgmt owns 148,074 shares for 1.51% of their portfolio. Therefore 36% are positive.

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