Saybrook Capital Has Raised Holding in Schlumberger (SLB); Permian Investment Partners LP Lifted Holding in Snyders (LNCE)

May 21, 2018 - By reb123z

Snyder's-Lance, Inc. (NASDAQ:LNCE) Logo

Permian Investment Partners Lp increased its stake in Snyders (LNCE) by 162.86% based on its latest 2017Q4 regulatory filing with the SEC. Permian Investment Partners Lp bought 216,540 shares as the company’s stock declined 0.28% with the market. The institutional investor held 349,500 shares of the consumer non-durables company at the end of 2017Q4, valued at $17.50M, up from 132,960 at the end of the previous reported quarter. Permian Investment Partners Lp who had been investing in Snyders for a number of months, seems to be bullish on the $4.92 billion market cap company. It closed at $49.98 lastly. It is down 25.01% since May 21, 2017 and is uptrending. It has outperformed by 13.46% the S&P500.

Saybrook Capital increased its stake in Schlumberger (SLB) by 16.99% based on its latest 2017Q4 regulatory filing with the SEC. Saybrook Capital bought 13,190 shares as the company’s stock declined 4.39% with the market. The institutional investor held 90,840 shares of the oilfield services and equipment company at the end of 2017Q4, valued at $6.12 million, up from 77,650 at the end of the previous reported quarter. Saybrook Capital who had been investing in Schlumberger for a number of months, seems to be bullish on the $103.91B market cap company. The stock increased 0.98% or $0.73 during the last trading session, reaching $75.02. About 4.04 million shares traded. Schlumberger Limited (NYSE:SLB) has declined 16.28% since May 21, 2017 and is downtrending. It has underperformed by 27.83% the S&P500.

Permian Investment Partners Lp, which manages about $823.32 million and $811.27M US Long portfolio, decreased its stake in Arconic Inc by 1.62M shares to 86,022 shares, valued at $2.34M in 2017Q4, according to the filing.

Another recent and important Snyder's-Lance, Inc. (NASDAQ:LNCE) news was published by Gurufocus.com which published an article titled: “Mario Gabelli Exits Positions in Snyder’s-Lance, Scripps Networks, Exactech” on May 10, 2018.

Since March 16, 2018, it had 0 insider purchases, and 1 insider sale for $3.79 million activity.

Investors sentiment increased to 1.13 in 2017 Q4. Its up 0.04, from 1.09 in 2017Q3. It improved, as 26 investors sold LNCE shares while 62 reduced holdings. 48 funds opened positions while 51 raised stakes. 57.53 million shares or 7.54% less from 62.23 million shares in 2017Q3 were reported. Harvest Mgmt Ltd Liability invested in 1.79% or 54,000 shares. Northern Corporation reported 1.47 million shares. 367 are held by San Francisco Sentry Inv Grp (Ca). Pacad Inv Limited reported 0.05% stake. Prudential Financial reported 58,912 shares or 0% of all its holdings. Guggenheim Capital Limited Liability Corp holds 0.01% or 53,573 shares. Rice Hall James And Assoc Limited reported 0.73% in Snyder's-Lance, Inc. (NASDAQ:LNCE). State Treasurer State Of Michigan has invested 0.01% in Snyder's-Lance, Inc. (NASDAQ:LNCE). D E Shaw & reported 0% in Snyder's-Lance, Inc. (NASDAQ:LNCE). 21,800 were accumulated by Kellner Ltd Com. Oregon Pub Employees Retirement Fund holds 0.02% or 31,706 shares in its portfolio. First Citizens State Bank & Company reported 7,301 shares. Strs Ohio accumulated 9,300 shares. California Employees Retirement System holds 0.01% or 185,060 shares in its portfolio. Moreover, Massachusetts Financial Ser Ma has 0.01% invested in Snyder's-Lance, Inc. (NASDAQ:LNCE) for 285,020 shares.

Among 10 analysts covering Snyder’s-Lance Inc (NASDAQ:LNCE), 4 have Buy rating, 0 Sell and 6 Hold. Therefore 40% are positive. Snyder’s-Lance Inc had 31 analyst reports since August 12, 2015 according to SRatingsIntel. The stock of Snyder's-Lance, Inc. (NASDAQ:LNCE) earned “Buy” rating by DA Davidson on Wednesday, April 27. The firm earned “Buy” rating on Tuesday, October 3 by Jefferies. Jefferies maintained Snyder's-Lance, Inc. (NASDAQ:LNCE) rating on Wednesday, August 30. Jefferies has “Buy” rating and $44.0 target. As per Tuesday, July 18, the company rating was maintained by BMO Capital Markets. The stock of Snyder's-Lance, Inc. (NASDAQ:LNCE) earned “Buy” rating by BB&T Capital on Thursday, October 29. The firm has “Buy” rating by BMO Capital Markets given on Thursday, September 28. As per Tuesday, June 27, the company rating was maintained by Jefferies. The firm has “Buy” rating given on Thursday, October 29 by SunTrust. As per Friday, May 26, the company rating was maintained by Jefferies. The stock has “Hold” rating by BB&T Capital on Monday, September 28.

Since January 22, 2018, it had 3 insider purchases, and 3 insider sales for $6.93 million activity. $218,049 worth of Schlumberger Limited (NYSE:SLB) shares were sold by Jaramillo Claudia. 3,000 shares were bought by Al Mogharbel Khaled, worth $192,900. Another trade for 25,000 shares valued at $1.96M was made by Guild Howard on Monday, January 22. Schorn Patrick bought $323,950 worth of Schlumberger Limited (NYSE:SLB) on Monday, March 26. Another trade for 10,000 shares valued at $646,800 was made by KIBSGAARD PAAL on Monday, March 26.

Investors sentiment decreased to 0.66 in 2017 Q4. Its down 0.22, from 0.88 in 2017Q3. It is negative, 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. Vigilant Capital Ltd Liability Company stated it has 35,938 shares. Marble Harbor Inv Counsel Lc stated it has 101,080 shares or 1.32% of all its holdings. Baker Ellis Asset Mngmt Llc, a Oregon-based fund reported 9,750 shares. Sumitomo Life Ins has invested 0.5% in Schlumberger Limited (NYSE:SLB). Cohen Lawrence B holds 39,083 shares. Sei Invs has 1.02M shares for 0.24% of their portfolio. Zevenbergen Capital Invs Ltd Liability Corporation invested in 0.01% or 4,570 shares. Goldman Sachs stated it has 8.59 million shares. Adirondack Trust invested in 3,440 shares or 0.17% of the stock. Daiwa Group Incorporated Inc accumulated 45,094 shares. Jones Financial Cos Lllp, a Missouri-based fund reported 20,379 shares. The California-based Gamble Jones Inv Counsel has invested 0.62% in Schlumberger Limited (NYSE:SLB). Moreover, Rathbone Brothers Public Ltd Co has 0.44% invested in Schlumberger Limited (NYSE:SLB) for 159,978 shares. Moreover, Montag A And Associate Inc has 0.32% invested in Schlumberger Limited (NYSE:SLB). Jpmorgan Chase & holds 0.06% in Schlumberger Limited (NYSE:SLB) or 4.35 million shares.

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. As per Friday, September 29, the company rating was maintained by Jefferies. BMO Capital Markets maintained Schlumberger Limited (NYSE:SLB) rating on Thursday, July 13. BMO Capital Markets has “Buy” rating and $7400 target. On Monday, April 25 the stock rating was maintained by Nomura with “Buy”. The stock of Schlumberger Limited (NYSE:SLB) earned “Buy” rating by SunTrust on Tuesday, April 3. The stock has “Buy” rating by Citigroup on Thursday, September 3. The firm has “Mkt Perform” rating given on Friday, December 2 by Bernstein. The firm has “Neutral” rating given on Tuesday, May 10 by Guggenheim. The company was downgraded on Thursday, May 12 by Howard Weil. Barclays Capital maintained Schlumberger Limited (NYSE:SLB) rating on Monday, January 25. Barclays Capital has “Equal Weight” rating and $74.0 target. The stock has “Buy” rating by Jefferies on Wednesday, April 4.

Saybrook Capital, which manages about $216.24M US Long portfolio, decreased its stake in General Elec Co (NYSE:GE) by 404,512 shares to 100,309 shares, valued at $1.75 million in 2017Q4, according to the filing.

Another recent and important Schlumberger Limited (NYSE:SLB) news was published by Seekingalpha.com which published an article titled: “Schlumberger Looks To Move Higher” on April 23, 2018.

Schlumberger Limited (NYSE:SLB) Institutional Positions Chart

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