Schlumberger Limited. (NYSE:SLB) Position Cut by Tiedemann Wealth Management LLC

Schlumberger Limited. (NYSE:SLB) Position Cut by Tiedemann Wealth Management LLC

Schwab Charles Investment Management Inc. now owns 5,082,348 shares of the oil and gas company's stock worth $354,545,000 after acquiring an additional 209,713 shares during the last quarter.

The company's stock is now moving with a -ve distance from the 200 day SMA of approximately -3.73%, and has a solid year to date (YTD) performance of -3.26% which means that the stock is constantly adding to its value from the previous fiscal year end price. The company has a market capitalization of $90,218.60, a price-to-earnings ratio of 43.46, a PEG ratio of 4.96 and a beta of 0.98. The stock traded within a range of $63.37 and $68.37.

Schlumberger Limited (NYSE:SLB) closed its last session at $65.19. It has underperformed by 20.00% the S&P500.

Shelton Capital Management decreased Schlumberger Ltd (SLB) stake by 25.21% reported in 2017Q3 SEC filing. The institutional investor owned 265,014 shares of the oil and gas company's stock after selling 3,215 shares during the period. Criterion Capital Management Llc who had been investing in Zayo Group Hldgs Inc for a number of months, seems to be less bullish one the $8.72B market cap company. Bright Rock Capital Management LLC now owns 103,000 shares of the oil and gas company's stock worth $8,044,000 after buying an additional 11,000 shares in the last quarter. First Financial Corp IN now owns 14,902 shares of the oil and gas company's stock worth $981,000 after purchasing an additional 787 shares in the last quarter. About 9.97M shares traded or 61.97% up from the average. (NYSE:TJX) has declined 2.02% since February 12, 2017 and is downtrending. It has underperformed by 18.72% the S&P500. It also increased its holding in Visa Inc (NYSE:V) by 8,575 shares in the quarter, for a total of 665,638 shares, and has risen its stake in Netflix Inc (NASDAQ:NFLX).

This represents a decrease of -13% in the number of shares being shorted compared to the previous reading, and implies that investors felt less pessimistic about the stock during the past two weeks. 1 analysts say it's a Hold while 0 analysts provided their expert opinion as Sell. The Company's stores offer new appliances; affordable value-priced, niche offerings, such as close-outs, factory overruns, and discontinued models, as well as special-buy appliances, including out-of-carton merchandise and others; byproduct materials, such as metals of recycled appliances; and carbon offsets created by the destruction of ozone-depleting refrigerants. 41 funds opened positions while 98 raised stakes. 202.87 million shares or 6.79% more from 189.97 million shares in 2017Q2 were reported. Guinness Asset Mngmt Limited reported 203,020 shares or 2.97% of all its holdings. Manufacturers Life Ins The reported 0% stake. 186,777 are held by Inverness Counsel Lc. 564 are owned by Mark Sheptoff Planning Ltd Liability Com. Moreover, Apg Asset Nv has 0.29% invested in The TJX Companies, Inc. Zayo Group Holdings had 43 analyst reports since August 5, 2015 according to SRatingsIntel. Lombard Odier Asset Mgmt (Europe) Limited has 24,321 shares. Point72 Asset Mngmt LP reported 104,100 shares. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.21 and a quick ratio of 0.95. D E Shaw And Com invested in 1.71M shares or 0.18% of the stock. Baldwin Brothers Ma has invested 0.01% in Weyerhaeuser Company (NYSE:WY). Wheatland Advsr reported 3,100 shares. Brighton Jones Ltd stated it has 0.07% of its portfolio in Weyerhaeuser Company (NYSE:WY). They expect $1.26 earnings per share, up 22.33% or $0.23 from last year's $1.03 per share. Therefore 63% are positive. The firm has "Buy" rating given on Monday, October 30 by RBC Capital Markets. The company has market cap of $6.88 million. (NYSE:TSN) on Thursday, August 17 with "Buy" rating. The rating was maintained by BMO Capital Markets on Friday, September 4 with "Outperform". The stock presently has a consensus rating of "Buy" and a consensus target price of $82.29. The firm earned "Buy" rating on Tuesday, December 13 by SunTrust. Fundamental Research maintained Tyson Foods, Inc. (NYSE:CRM) by 18,725 shares to 333,829 shares, valued at $31.19 million in 2017Q3, according to the filing.

Madison Investment Holdings Inc decreased Brown & Brown Inc. Micron Technology Inc (NASDAQ:MU) was raised too. 75,000 shares were sold by AYAT SIMON, worth $5.91 million on Wednesday, January 24. (NYSE:ZAYO) was sold by Connor Richard W. Another trade for 655 shares valued at $24,078 was made by Richardson Nina on Friday, December 29.

When we look at the Analyst Recommendations of the stock, the company has 2 rating given by Analysts where 1 stands for Strong Buy and 5 stands for Strong Sell. Therefore 67% are positive. Schlumberger Limited. had 138 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has "Buy" rating by Nomura given on Monday, April 25. Citigroup initiated the stock with "Sell" rating in Thursday, January 26 report. Schlumberger Limited (NYSE:SLB) has a 20-Day average volume of 10.46 Million. The rating was maintained by Buckingham Research on Wednesday, November 15 with "Buy". The firm has "Outperform" rating by Credit Suisse given on Monday, April 4. Schlumberger Limited (NYSE:SLB)'s short interest is 23.92 million shares, or 1.73% of the float. Piper Jaffray Companies set a $74.00 price target on shares of Schlumberger and gave the stock a "buy" rating in a research report on Saturday, October 21st.

Short interest is another tool that analysts use to gauge investor sentiment. Its the same as in 2017Q2.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Synovus Fincl accumulated 56,301 shares. FBR & Co restated a "buy" rating on shares of Schlumberger in a research report on Friday, October 20th. Linscomb Williams Inc reported 24,901 shares. State Bank stated it has 2,893 shares or 0.08% of all its holdings. Ci Invests holds 0.31% or 481,546 shares in its portfolio. Cohen Klingenstein Ltd Liability, New York-based fund reported 11,000 shares. King Luther Capital accumulated 811,587 shares. Dekabank Deutsche Girozentrale stated it has 0.39% in Schlumberger Limited (NYSE:SLB).

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