Schlumberger LTD (SLB) Stock Price Declined While Kempner Capital Management Has Lifted Stake; Amazon.Com (AMZN) Share Price Rose While Hwg Holdings LP Lifted Its Position

April 17, 2018 - By Henry Gaston

Schlumberger Limited (NYSE:SLB) Logo

Kempner Capital Management Inc increased its stake in Schlumberger Ltd (SLB) by 13.54% based on its latest 2017Q4 regulatory filing with the SEC. Kempner Capital Management Inc bought 11,489 shares as the company’s stock declined 4.39% with the market. The institutional investor held 96,365 shares of the oilfield services and equipment company at the end of 2017Q4, valued at $6.49 million, up from 84,876 at the end of the previous reported quarter. Kempner Capital Management Inc who had been investing in Schlumberger Ltd for a number of months, seems to be bullish on the $94.97 billion market cap company. The stock increased 0.84% or $0.57 during the last trading session, reaching $68.52. About 9.03M shares traded or 7.67% up from the average. Schlumberger Limited (NYSE:SLB) has declined 16.28% since April 17, 2017 and is downtrending. It has underperformed by 27.83% the S&P500.

Hwg Holdings Lp increased its stake in Amazon.Com Inc (AMZN) by 7383.87% based on its latest 2017Q4 regulatory filing with the SEC. Hwg Holdings Lp bought 2,289 shares as the company’s stock rose 28.13% while stock markets declined. The institutional investor held 2,320 shares of the consumer services company at the end of 2017Q4, valued at $2.71M, up from 31 at the end of the previous reported quarter. Hwg Holdings Lp who had been investing in Amazon.Com Inc for a number of months, seems to be bullish on the $697.84 billion market cap company. The stock increased 0.75% or $10.71 during the last trading session, reaching $1441.5. About 2.63 million shares traded. Amazon.com, Inc. (NASDAQ:AMZN) has risen 76.78% since April 17, 2017 and is uptrending. It has outperformed by 65.23% the S&P500.

Since October 24, 2017, it had 3 insider buys, and 3 selling transactions for $6.93 million activity. 75,000 shares were sold by AYAT SIMON, worth $5.91M on Wednesday, January 24. Another trade for 3,500 shares valued at $219,205 was sold by SANDVOLD TORE I. 3,000 shares were bought by Al Mogharbel Khaled, worth $192,900 on Wednesday, March 28. Another trade for 25,000 shares valued at $1.96M was made by Guild Howard on Monday, January 22. Another trade for 5,000 shares valued at $323,950 was made by Schorn Patrick on Monday, March 26.

Among 39 analysts covering Schlumberger Limited. (NYSE:SLB), 32 have Buy rating, 1 Sell and 6 Hold. Therefore 82% are positive. Schlumberger Limited. had 144 analyst reports since July 22, 2015 according to SRatingsIntel. As per Tuesday, September 5, the company rating was maintained by BMO Capital Markets. The firm has “Outperform” rating by Oppenheimer given on Thursday, October 1. The stock of Schlumberger Limited (NYSE:SLB) has “Hold” rating given on Wednesday, April 20 by Standpoint Research. Howard Weil maintained Schlumberger Limited (NYSE:SLB) rating on Monday, January 25. Howard Weil has “Focus Stock” rating and $80.0 target. BMO Capital Markets maintained it with “Outperform” rating and $105.0 target in Friday, September 4 report. The firm has “Buy” rating by Bank of America given on Monday, February 26. The firm has “Buy” rating by Tudor Pickering given on Friday, March 24. As per Tuesday, April 19, the company rating was maintained by Morgan Stanley. The stock of Schlumberger Limited (NYSE:SLB) has “Outperform” rating given on Monday, September 21 by FBR Capital. The firm has “Buy” rating given on Wednesday, April 4 by Jefferies.

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. Wendell David Assocs has 0.21% invested in Schlumberger Limited (NYSE:SLB). Goldman Sachs Grp Incorporated reported 8.59 million shares. 999,341 are owned by Bristol John W And New York. 1,850 are held by Highlander Management Ltd Limited Liability Company. Dimensional Fund Advsr Lp has invested 0.15% in Schlumberger Limited (NYSE:SLB). Clarivest Asset Management Ltd Liability accumulated 2,691 shares. Hennessy reported 9,813 shares. North Star Asset Mngmt Incorporated has invested 0.2% in Schlumberger Limited (NYSE:SLB). Taurus Asset Management Limited Liability Co owns 18,842 shares. Pennsylvania holds 0.11% or 37,496 shares in its portfolio. Davenport & Company Ltd reported 662,874 shares or 0.54% of all its holdings. Nordea Investment Mgmt Ab reported 483,864 shares stake. 58,294 are held by Financial Prns Mgmt Ltd Llc. Moreover, City has 0.79% invested in Schlumberger Limited (NYSE:SLB) for 37,059 shares. Sentinel Trust Lba reported 6,302 shares.

Hwg Holdings Lp, which manages about $118.23M US Long portfolio, decreased its stake in Acadia Pharmaceuticalsinc Com (NASDAQ:ACAD) by 32,540 shares to 460 shares, valued at $14,000 in 2017Q4, according to the filing. It also reduced its holding in Spdr Index Shs Fds Eurostoxx 5 (FEZ) by 96,349 shares in the quarter, leaving it with 32,354 shares, and cut its stake in Facebook Inc Com Usd0.000006Cl (NASDAQ:FB).

Since December 7, 2017, it had 0 insider purchases, and 13 sales for $45.88 million activity. $3.24 million worth of Amazon.com, Inc. (NASDAQ:AMZN) was sold by Zapolsky David. Reynolds Shelley had sold 544 shares worth $795,502 on Thursday, February 15. Another trade for 670 shares valued at $1.01M was made by ALBERG TOM A on Wednesday, February 21. On Thursday, February 15 Jassy Andrew R sold $2.90 million worth of Amazon.com, Inc. (NASDAQ:AMZN) or 1,985 shares. Olsavsky Brian T sold $3.42M worth of Amazon.com, Inc. (NASDAQ:AMZN) on Thursday, February 15. Blackburn Jeffrey M also sold $18.50 million worth of Amazon.com, Inc. (NASDAQ:AMZN) shares.

Amazon.com, Inc. (NASDAQ:AMZN) Institutional Positions Chart

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By1 Henry Gaston

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