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

May 16, 2018 - By Gregory Tomko

Schlumberger Limited (NYSE:SLB) Corporate Logo

Schlumberger LTD’s Sentiment

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

Largest Schlumberger LTD Investors

Northern Cross Llc owns 19.85 million shares in Schlumberger LTD as of 2017 Q4. As of 2017 Q4, 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, possessing 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.Currently it has 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. The stock underperformed the S&P500 by 27.83%.

Schlumberger Limited (NYSE:SLB) is expected to publish earnings on July, 20., according to RTT. Last year’s EPS was $0.35, while now analysts expect change of 31.43 % up from current $0.46 EPS. If $0.46 is reported, SLB’s profit will hit $637.16 million for 39.61 P/E. 21.05 % EPS growth is what analysts predict. $0.38 EPS was revealed for last quarter.

Sei Invests Communication reported 1.02 million shs. Patten Inc accumulated 0.3% or 11,420 shs. 3,931 were reported by Round Table Service Ltd Limited Liability Company. California Employees Retirement System has invested 0.31% in Schlumberger Limited (NYSE:SLB). Patten & Patten Inc Tn has invested 0.1% in Schlumberger Limited (NYSE:SLB). Thompson Rubinstein Or invested in 93,315 shs. Investment Counsel holds 0.99% in Schlumberger Limited (NYSE:SLB) or 35,532 shs. Miles holds 5,229 shs or 0.2% of its capital. Winslow Evans And Crocker Inc holds 16,526 shs or 0.36% of its capital. Flossbach Von Storch Ag has 688,200 shs for 0.44% of their capital. Front Barnett Assoc Limited Liability Co stated it has 111,670 shs or 1.25% of all its holdings. Prudential holds 0.19% or 2.05M shs. Sigma Inv Counselors holds 0.22% of its capital in Schlumberger Limited (NYSE:SLB) for 24,248 shs. The Florida-based City Tru Fl has invested 0.45% in Schlumberger Limited (NYSE:SLB). Dodge Cox, California-based fund reported 49.24M shs.

Schlumberger Limited had 2 sales and 3 insider purchases since January 22, 2018. This’s net activity of $6.71 million. $323,950 worth of Schlumberger Limited (NYSE:SLB) shs were bought by Schorn Patrick. On Monday, March 26 $646,800 worth of Schlumberger Limited (NYSE:SLB) was bought by KIBSGAARD PAAL. 25,000 Schlumberger Limited (NYSE:SLB) shs with value of $1.96M were sold by Guild Howard. The insider AYAT SIMON sold 75,000 shs worth $5.91 million.

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. On Thursday, March 15 the rating was maintained by Cowen & Co with “Buy”. The stock rating was maintained by BMO Capital Markets with “Hold” on Monday, January 15. On Monday, February 26 the firm has “Buy” rating by Bank of America given. On Monday, January 22 the stock has “Buy” rating by FBR Capital. In Monday, April 23 report Credit Suisse maintained the stock with “Buy” rating. In Monday, January 22 report Seaport Global maintained the stock with “Buy” rating. On Tuesday, January 16 RBC Capital Markets maintained the shares of SLB in report with “Buy” rating. On Thursday, January 11 the rating was maintained by Cowen & Co with “Buy”. On Thursday, January 4 the company was maintained by Jefferies. On Monday, April 23 the firm has “Buy” rating by SunTrust given.

Another two news for Schlumberger Limited (NYSE:SLB) were briefly brought out 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 brought out on April 20, 2018.

Schlumberger Limited (NYSE:SLB) Institutional Investors Chart

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