Nelson Roberts Investment Advisors Position in Schlumberger LTD (SLB) Lowered by $1.06 Million; As Exxon Mobil Com (XOM) Stock Value Declined, Mcgowan Group Asset Management Has Lifted by $428,944 Its Stake

May 22, 2018 - By Ash

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Mcgowan Group Asset Management Inc increased its stake in Exxon Mobil Corp Com (XOM) by 49.67% based on its latest 2017Q4 regulatory filing with the SEC. Mcgowan Group Asset Management Inc bought 5,168 shares as the company’s stock declined 12.23% with the market. The institutional investor held 15,573 shares of the integrated oil company at the end of 2017Q4, valued at $1.30M, up from 10,405 at the end of the previous reported quarter. Mcgowan Group Asset Management Inc who had been investing in Exxon Mobil Corp Com for a number of months, seems to be bullish on the $345.27 billion market cap company. The stock decreased 0.89% or $0.73 during the last trading session, reaching $81.55. About 8.21 million shares traded. Exxon Mobil Corporation (NYSE:XOM) has declined 9.29% since May 22, 2017 and is downtrending. It has underperformed by 20.84% the S&P500.

Nelson Roberts Investment Advisors Llc decreased its stake in Schlumberger Ltd (SLB) by 17.76% based on its latest 2017Q4 regulatory filing with the SEC. Nelson Roberts Investment Advisors Llc sold 15,777 shares as the company’s stock declined 4.39% with the market. The institutional investor held 73,037 shares of the oilfield services and equipment company at the end of 2017Q4, valued at $4.92M, down from 88,814 at the end of the previous reported quarter. Nelson Roberts Investment Advisors Llc who had been investing in Schlumberger Ltd for a number of months, seems to be less bullish one the $101.84 billion market cap company. The stock decreased 2.01% or $1.51 during the last trading session, reaching $73.52. About 4.56M shares traded. Schlumberger Limited (NYSE:SLB) has declined 16.28% since May 22, 2017 and is downtrending. It has underperformed by 27.83% the S&P500.

Since December 11, 2017, it had 0 insider buys, and 4 selling transactions for $3.42 million activity. On Thursday, December 14 Chapman Neil A sold $996,628 worth of Exxon Mobil Corporation (NYSE:XOM) or 12,000 shares. Milton Bryan W also sold $606,082 worth of Exxon Mobil Corporation (NYSE:XOM) on Tuesday, December 12. 2,412 shares were sold by Wascom Dennis G, worth $200,293 on Friday, December 15.

More notable recent Exxon Mobil Corporation (NYSE:XOM) news were published by: Seekingalpha.com which released: “Exxon Mobil: Destined To Underperform?” on May 22, 2018, also Seekingalpha.com with their article: “Exxon: Is The Bottom In?” published on May 04, 2018, Seekingalpha.com published: “Exxon Mobil: Has The Paradigm Shifted?” on April 25, 2018. More interesting news about Exxon Mobil Corporation (NYSE:XOM) were released by: Bizjournals.com and their article: “Two Houston companies join Fortune 500 this year” published on May 21, 2018 as well as Bizjournals.com‘s news article titled: “These North Texas companies made the latest Fortune 500 list” with publication date: May 22, 2018.

Investors sentiment decreased to 0.84 in Q4 2017. Its down 0.01, from 0.85 in 2017Q3. It is negative, as 48 investors sold XOM shares while 819 reduced holdings. 123 funds opened positions while 603 raised stakes. 2.17 billion shares or 1.92% more from 2.13 billion shares in 2017Q3 were reported. Ny State Teachers Retirement System owns 7.20 million shares or 1.43% of their US portfolio. Barr E S & reported 355,514 shares. Lafayette Invests holds 2.68% or 89,733 shares in its portfolio. Bridgecreek Investment Mgmt Lc owns 65,147 shares. Moon Capital Mngmt Limited holds 1.06% or 12,399 shares in its portfolio. Cypress Mngmt Ltd Company (Wy) invested in 0.68% or 7,125 shares. Comerica Securities reported 21,298 shares. Moreover, Dsc Advsrs Limited Partnership has 0.14% invested in Exxon Mobil Corporation (NYSE:XOM). Keystone Finance Planning holds 76,283 shares or 3.4% of its portfolio. Counsel Ltd invested in 133,959 shares. 16.55M are owned by Swiss Commercial Bank. Boston Family Office invested 1.65% in Exxon Mobil Corporation (NYSE:XOM). 173,969 were accumulated by Blb&B Advisors Ltd Company. The California-based Wespac Advisors Ltd Liability Corporation has invested 0.43% in Exxon Mobil Corporation (NYSE:XOM). Navellier & Associates invested 0.12% of its portfolio in Exxon Mobil Corporation (NYSE:XOM).

Among 26 analysts covering Exxon Mobil (NYSE:XOM), 10 have Buy rating, 5 Sell and 11 Hold. Therefore 38% are positive. Exxon Mobil had 95 analyst reports since July 22, 2015 according to SRatingsIntel. As per Friday, December 2, the company rating was initiated by BMO Capital Markets. As per Thursday, March 8, the company rating was maintained by Bank of America. RBC Capital Markets maintained Exxon Mobil Corporation (NYSE:XOM) rating on Thursday, July 20. RBC Capital Markets has “Hold” rating and $8800 target. RBC Capital Markets maintained Exxon Mobil Corporation (NYSE:XOM) rating on Monday, October 9. RBC Capital Markets has “Hold” rating and $90.0 target. The company was upgraded on Wednesday, September 6 by UBS. The firm has “Hold” rating by RBC Capital Markets given on Tuesday, August 29. On Tuesday, January 23 the stock rating was maintained by Piper Jaffray with “Hold”. The rating was maintained by HSBC on Wednesday, March 8 with “Hold”. The stock has “Hold” rating by Piper Jaffray on Sunday, April 22. The rating was maintained by BMO Capital Markets on Monday, June 26 with “Hold”.

Among 39 analysts covering Schlumberger Limited. (NYSE:SLB), 32 have Buy rating, 1 Sell and 6 Hold. Therefore 82% are positive. Schlumberger Limited. had 148 analyst reports since July 22, 2015 according to SRatingsIntel. On Tuesday, April 26 the stock rating was maintained by Barclays Capital with “Overweight”. The stock of Schlumberger Limited (NYSE:SLB) earned “Buy” rating by Citigroup on Thursday, October 5. The stock of Schlumberger Limited (NYSE:SLB) earned “Buy” rating by KLR Group on Monday, December 14. Bank of America upgraded Schlumberger Limited (NYSE:SLB) rating on Monday, February 26. Bank of America has “Buy” rating and $75.0 target. Citigroup maintained Schlumberger Limited (NYSE:SLB) on Tuesday, March 29 with “Buy” rating. The rating was maintained by Bernstein with “Hold” on Friday, May 5. The firm has “Buy” rating by Evercore given on Saturday, August 22. The company was downgraded on Wednesday, October 11 by BMO Capital Markets. The company was upgraded on Friday, April 21 by SunTrust. The stock of Schlumberger Limited (NYSE:SLB) earned “Equal Weight” rating by Barclays Capital on Monday, January 25.

Since January 22, 2018, it had 3 insider buys, and 3 sales for $6.93 million activity. 10,000 shares were bought by KIBSGAARD PAAL, worth $646,800 on Monday, March 26. Another trade for 25,000 shares valued at $1.96 million was made by Guild Howard on Monday, January 22. $192,900 worth of Schlumberger Limited (NYSE:SLB) shares were bought by Al Mogharbel Khaled. AYAT SIMON sold $5.91M worth of stock. 5,000 shares were bought by Schorn Patrick, worth $323,950.

More recent Schlumberger Limited (NYSE:SLB) news were published by: Bizjournals.com which released: “Two Houston companies join Fortune 500 this year” on May 21, 2018. Also Seekingalpha.com published the news titled: “Schlumberger Looks To Move Higher” on April 23, 2018. Seekingalpha.com‘s news article titled: “Trade War Relief Rally – Cramer’s Mad Money (5/21/18)” with publication date: May 22, 2018 was also an interesting one.

Analysts await Schlumberger Limited (NYSE:SLB) to report earnings on July, 20. They expect $0.46 earnings per share, up 31.43% or $0.11 from last year’s $0.35 per share. SLB’s profit will be $637.16M for 39.96 P/E if the $0.46 EPS becomes a reality. After $0.38 actual earnings per share reported by Schlumberger Limited for the previous quarter, Wall Street now forecasts 21.05% EPS growth.

Investors sentiment decreased to 0.66 in Q4 2017. Its down 0.22, from 0.88 in 2017Q3. It worsened, as 90 investors sold SLB shares while 672 reduced holdings. 140 funds opened positions while 365 raised stakes. 1.05 billion shares or 11.89% less from 1.20 billion shares in 2017Q3 were reported. 1,067 are owned by Hanson Mcclain. Smithfield Trust invested in 0.2% or 24,294 shares. Wealth Architects Lc, a California-based fund reported 5,947 shares. 174,562 are held by Raymond James Advsrs. Connecticut-based Point72 Asset Lp has invested 0.05% in Schlumberger Limited (NYSE:SLB). Spc Financial owns 0.07% invested in Schlumberger Limited (NYSE:SLB) for 4,311 shares. Ubs Asset Mgmt Americas Inc holds 4.23M shares or 0.24% of its portfolio. The California-based Baker Avenue Asset Mgmt Limited Partnership has invested 0.02% in Schlumberger Limited (NYSE:SLB). Dean Associates Ltd invested in 0.76% or 73,708 shares. Linscomb & Williams holds 0.14% of its portfolio in Schlumberger Limited (NYSE:SLB) for 25,077 shares. Td Asset Mngmt reported 1.46M shares. Chilton Capital Management Lc accumulated 0.98% or 158,556 shares. Zacks Investment invested in 395,182 shares. Advisor Ptnrs Limited Liability reported 0.22% in Schlumberger Limited (NYSE:SLB). Trust Com Of Virginia Va invested in 10,358 shares or 0.1% of the stock.

Nelson Roberts Investment Advisors Llc, which manages about $356.76M and $320.73 million US Long portfolio, upped its stake in Johnson & Johnson (NYSE:JNJ) by 3,854 shares to 6,088 shares, valued at $851,000 in 2017Q4, according to the filing.

Schlumberger Limited (NYSE:SLB) Institutional Positions Chart

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