*Front Barnett Associates LLC Holds Stake in Schlumberger LTD (SLB)

June 27, 2018 - By Samuel McNeil

Schlumberger Limited (NYSE:SLB) Corporate LogoBig Money Sentiment increased to 1.2 in 2018 Q1. It has change of 0.54, from 2017Q4’s 0.66. The ratio improved due to SLB positioning: 60 sold and 488 reduced. 111 funds took stakes and 548 increased stakes. Investors holded 1.05 billion in 2017Q4 but now own 1.04 billion shares or 1.22% less. Pinebridge Investments LP accumulated 0% or 1,970 shs. Shelter Retirement Plan has invested 2.52% in Schlumberger Limited (NYSE:SLB). 226,022 are held by Cornerstone Cap. Natl Bank Of Stockton accumulated 12,408 shs. Syntal Cap Prns Limited Liability invested 0.07% in Schlumberger Limited (NYSE:SLB). Miller Investment Mgmt LP accumulated 17,308 shs or 0.37% of the stock. Gofen And Glossberg Limited Liability Company Il holds 514,813 shs. Insurance Commerce Tx has invested 0.59% of its capital in Schlumberger Limited (NYSE:SLB). Peoples Services Corporation holds 12,070 shs or 0.45% of its capital. 72,225 are owned by Kentucky Retirement System. Afam Cap reported 18,033 shs stake. Moreover, Hightower Advisors Llc has 0.3% invested in Schlumberger Limited (NYSE:SLB) for 552,413 shs. Regions stated it has 1.15 million shs or 0.83% of all its holdings. Cibc Mkts invested in 179,402 shs. Moody Bank Division reported 0.04% stake.

SLB had 3 sales and 3 insider buys since January 22, 2018. This’s net activity of $6.93 million. The insider Al Mogharbel Khaled bought $192,900. On Monday, March 26 $323,950 worth of Schlumberger Limited (NYSE:SLB) was bought by Schorn Patrick. KIBSGAARD PAAL also bought $646,800 worth of Schlumberger Limited (NYSE:SLB) on Monday, March 26. 25,000 Schlumberger Limited (NYSE:SLB) shs with value of $1.96 million were sold by Guild Howard. On Wednesday, January 24 a trade for 75,000 shs valued at $5.91 million was made by AYAT SIMON.

The stake In Schlumberger Ltd. (SLB) was increased owned by Front Barnett Associates Llc. According to 2018Q1 SEC filling the decrease is 45.12%. By buying 50,390 shares Front Barnett Associates Llc made the stock popped up with 2.80%. The oilfield services and equipment company reported $10.50M value for the 2018Q1. Now the institutional investor is holding 162,060 shares, compared to the 111,670 from the previous quarter. For a total of shares it reduced its holding in by shares in the quarter, and has cut its stake in .

For more Schlumberger Limited (NYSE:SLB) news released briefly go to: Finance.Yahoo.com, Bizjournals.com, Forbes.com, Seekingalpha.com or Seekingalpha.com. The titles are as follows: “Should Income Investors Buy Schlumberger Limited (NYSE:SLB) Before Its Ex-Dividend?” released on June 02, 2018, “See which Houston public cos. were the biggest winners, losers for job growth since 2009” on June 25, 2018, “Why Schlumberger’s Stock Continues To Underperform” with a publish date: May 29, 2018, “Baker Hughes to go it alone as GE confirms plan to unload” and the last “An Undervalued Services Play Due For Catch-Up” with publication date: June 18, 2018.

Schlumberger Limited (NYSE:SLB) Ratings Coverage

A total of 17 analysts rate Schlumberger Limited (NYSE:SLB) as follows: 16 “Buy”, 1 “Hold” and 0 “Sell”. Тherefore 94% are bullish. The firm has $95.0 highest and $75.0 lowest target. The avg target $81.67 is 21.26% above the last ($67.35) price. (NYSE:SLB) has 28 ratings reports on 27 Jun 2018 according to StockzIntelligence. In Monday, January 22 report Susquehanna maintained it with “Buy” rating and $88.0 target. In Thursday, May 24 report Wells Fargo maintained it with “Buy” rating and $8200 target. On Monday, January 22 Jefferies maintained Schlumberger Limited (NYSE:SLB) rating. Jefferies has “Buy” rating and $87.0 target. On Monday, April 23 Susquehanna maintained Schlumberger Limited (NYSE:SLB) with “Buy” rating. On Monday, January 22 Credit Suisse maintained the shares of SLB in report with “Buy” rating. On Wednesday, June 13 the stock of Schlumberger Limited (NYSE:SLB) has “Buy” rating given by Citigroup. On Friday, April 13 the stock of Schlumberger Limited (NYSE:SLB) earned “Buy” rating by Cowen & Co. On Thursday, January 4 the rating was maintained by Jefferies with “Buy”. In Thursday, January 11 report Cowen & Co maintained the stock with “Buy” rating. On Monday, April 23 the firm has “Buy” rating by Credit Suisse given.

Schlumberger Limited (NYSE:SLB) Institutional Investors Chart

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