As Schlumberger LTD (SLB) Share Value Declined, Shareholder Sarasin & Partners Llp Lowered Its Position by $5.46 Million; Schaper Benz & Wise Investment Counsel Has Trimmed Its Position in American Express (AXP) as Stock Declined

April 26, 2018 - By David Stenberg

Schlumberger Limited (NYSE:SLB) Logo

Sarasin & Partners Llp decreased its stake in Schlumberger Ltd (SLB) by 7.01% based on its latest 2017Q4 regulatory filing with the SEC. Sarasin & Partners Llp sold 81,496 shares as the company’s stock declined 4.39% with the market. The institutional investor held 1.08M shares of the oilfield services and equipment company at the end of 2017Q4, valued at $72.80 million, down from 1.16 million at the end of the previous reported quarter. Sarasin & Partners Llp who had been investing in Schlumberger Ltd for a number of months, seems to be less bullish one the $96.28B market cap company. The stock increased 0.54% or $0.37 during the last trading session, reaching $69.47. About 7.98 million shares traded. Schlumberger Limited (NYSE:SLB) has declined 16.28% since April 26, 2017 and is downtrending. It has underperformed by 27.83% the S&P500.

Schaper Benz & Wise Investment Counsel Inc decreased its stake in American Express (AXP) by 2.61% based on its latest 2017Q4 regulatory filing with the SEC. Schaper Benz & Wise Investment Counsel Inc sold 4,200 shares as the company’s stock declined 7.41% with the market. The institutional investor held 156,548 shares of the consumer services company at the end of 2017Q4, valued at $15.55 million, down from 160,748 at the end of the previous reported quarter. Schaper Benz & Wise Investment Counsel Inc who had been investing in American Express for a number of months, seems to be less bullish one the $86.24 billion market cap company. The stock increased 1.52% or $1.5 during the last trading session, reaching $100.28. About 2.32M shares traded. American Express Company (NYSE:AXP) has risen 17.81% since April 26, 2017 and is uptrending. It has outperformed by 6.26% the S&P500.

Among 38 analysts covering American Express Company (NYSE:AXP), 13 have Buy rating, 3 Sell and 22 Hold. Therefore 34% are positive. American Express Company had 123 analyst reports since July 23, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Thursday, April 19 by Bernstein. The stock of American Express Company (NYSE:AXP) earned “Buy” rating by Keefe Bruyette & Woods on Friday, August 18. The stock has “Buy” rating by Wells Fargo on Tuesday, January 9. Guggenheim upgraded the stock to “” rating in Wednesday, April 26 report. The firm has “Hold” rating by BMO Capital Markets given on Thursday, June 1. The stock of American Express Company (NYSE:AXP) has “Hold” rating given on Thursday, January 11 by Barclays Capital. The firm has “Hold” rating given on Tuesday, January 2 by Stephens. The stock of American Express Company (NYSE:AXP) earned “Market Perform” rating by JMP Securities on Tuesday, December 22. RBC Capital Markets maintained American Express Company (NYSE:AXP) rating on Friday, September 15. RBC Capital Markets has “Sell” rating and $63.0 target. The firm earned “Neutral” rating on Wednesday, January 13 by Goldman Sachs.

Schaper Benz & Wise Investment Counsel Inc, which manages about $585.75M and $685.97M US Long portfolio, upped its stake in Paypal Holdings Inc. by 5,120 shares to 14,095 shares, valued at $1.04M in 2017Q4, according to the filing. It also increased its holding in Regeneron (NASDAQ:REGN) by 2,794 shares in the quarter, for a total of 12,998 shares, and has risen its stake in Noble Energy (NYSE:NBL).

Investors sentiment increased to 0.89 in Q4 2017. Its up 0.06, from 0.83 in 2017Q3. It improved, as 42 investors sold AXP shares while 442 reduced holdings. 122 funds opened positions while 311 raised stakes. 701.90 million shares or 1.01% less from 709.03 million shares in 2017Q3 were reported. Winslow Evans Crocker Inc owns 0.12% invested in American Express Company (NYSE:AXP) for 3,884 shares. North Carolina-based Carroll Associates has invested 0.51% in American Express Company (NYSE:AXP). Front Barnett Associates Ltd Liability Co reported 1.61% stake. Palisades Hudson Asset Lp accumulated 0.21% or 3,834 shares. Mcmillion Cap invested in 0.75% or 12,545 shares. Windsor Cap Mngmt Lc has 8,184 shares for 0.38% of their portfolio. 59,872 were accumulated by Seaward Mgmt Lp. Ftb Inc invested 0.01% in American Express Company (NYSE:AXP). Seminole Management Communications Inc invested in 581,581 shares. Bank & Trust Of Nova Scotia invested in 113,405 shares or 0.05% of the stock. Spirit Of America Ny accumulated 10,000 shares. Voya Investment Mngmt Lc holds 556,565 shares or 0.11% of its portfolio. Jacobs Company Ca has 0.8% invested in American Express Company (NYSE:AXP). Fmr Ltd Liability holds 904,535 shares or 0.01% of its portfolio. Rk Asset Management Limited Liability Corp reported 80,301 shares or 6.73% of all its holdings.

Since October 27, 2017, it had 0 insider buys, and 7 insider sales for $35.79 million activity. Bush James Peter had sold 13,356 shares worth $1.32M on Thursday, February 1. $304,962 worth of American Express Company (NYSE:AXP) shares were sold by Zukauckas Linda. The insider Gupta Ashwini sold 56,680 shares worth $5.63 million. 43,741 shares were sold by O’Neill Michael John, worth $4.32M on Monday, December 11. Another trade for 88,930 shares valued at $8.79 million was sold by Buckminster Douglas E.. CHENAULT KENNETH I had sold 96,440 shares worth $9.38M.

Sarasin & Partners Llp, which manages about $17.00B and $5.15 billion US Long portfolio, upped its stake in Leggett & Platt Inc (NYSE:LEG) by 251,661 shares to 1.46 million shares, valued at $69.91M in 2017Q4, according to the filing. It also increased its holding in Carmax Inc (NYSE:KMX) by 22,957 shares in the quarter, for a total of 905,546 shares, and has risen its stake in Middleby Corp (NASDAQ:MIDD).

Since January 22, 2018, it had 3 insider buys, and 2 insider sales for $6.71 million activity. 3,000 shares were bought by Al Mogharbel Khaled, worth $192,900 on Wednesday, March 28. Another trade for 25,000 shares valued at $1.96 million was made by Guild Howard on Monday, January 22. 5,000 shares valued at $323,950 were bought by Schorn Patrick on Monday, March 26. KIBSGAARD PAAL had bought 10,000 shares worth $646,800.

Schlumberger Limited (NYSE:SLB) Institutional Positions Chart

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