August 15, 2018 – By Kristin Houston
Jarislowsky Fraser Ltd increased its stake in Schlumberger Limited (SLB) by 97.58% based on its latest 2018Q1 regulatory filing with the SEC. Jarislowsky Fraser Ltd bought 273,385 shares as the company’s stock rose 2.80% while stock markets declined. The institutional investor held 553,564 shares of the oilfield services and equipment company at the end of 2018Q1, valued at $35.86M, up from 280,179 at the end of the previous reported quarter. Jarislowsky Fraser Ltd who had been investing in Schlumberger Limited for a number of months, seems to be bullish on the $89.69 billion market cap company. The stock decreased 0.26% or $0.17 during the last trading session, reaching $64.8. About 4.85 million shares traded. Schlumberger Limited (NYSE:SLB) has declined 1.14% since August 15, 2017 and is downtrending. It has underperformed by 13.71% the S&P500. Some Historical SLB News: 14/05/2018 – Schlumberger at UBS Global Oil & Gas Conference May 22; 20/04/2018 – Schlumberger 1Q Rev $7.8B; 12/04/2018 – RUSSIAN WATCHDOG: TALKS ONGOING W/ SCHLUMBERGER ON EDCL DEAL; 06/03/2018 – CERAWEEK – SCHLUMBERGER’S KIBSGAARD SAYS SOME TIGHTNESS IN SHALE SUPPLY CHAIN, INCLUDING SAND, BUT DRILLING ACTIVITIES ARE PICKING UP; 18/04/2018 – Out of bankruptcy, Seadrill eyes closer ties with oil service firms; 15/05/2018 – Schlumberger Presenting at Conference Tomorrow; 23/04/2018 – DJ Schlumberger NV, Inst Holders, 1Q 2018 (SLB); 25/04/2018 – Subsea 7 says could change offer if McDermott cooperates; 20/04/2018 – SCHLUMBERGER EARNINGS CONFERENCE CALL BEGINS; 20/04/2018 – SCHLUMBERGER NV – QTRLY PRETAX OPERATING MARGIN OF 12.4% VS 11.0% REPORTED LAST YEAR
Godsey & Gibb Associates decreased its stake in Intel Corp (INTC) by 2% based on its latest 2018Q1 regulatory filing with the SEC. Godsey & Gibb Associates sold 7,139 shares as the company’s stock rose 12.89% while stock markets declined. The institutional investor held 349,017 shares of the semiconductors company at the end of 2018Q1, valued at $18.18 million, down from 356,156 at the end of the previous reported quarter. Godsey & Gibb Associates who had been investing in Intel Corp for a number of months, seems to be less bullish one the $221.88B market cap company. The stock decreased 0.68% or $0.33 during the last trading session, reaching $48.12. About 20.82 million shares traded. Intel Corporation (NASDAQ:INTC) has risen 52.90% since August 15, 2017 and is uptrending. It has outperformed by 40.33% the S&P500. Some Historical INTC News: 26/04/2018 – Intel Sees 2Q Tax Rate About 14%; 16/05/2018 – EE Times: Samsung Lengthen Chip Sales Lead Over Intel; 08/05/2018 – VENUENEXT GETS INVESTMENT FROM INTEL CAPITAL; 20/03/2018 – O’Reilly and Intel Announce Lineup for Artificial Intelligence Conference, New York 2018; 15/05/2018 – ON24 Names Ian Halifax Chief Financial Officer as Company Accelerates Growth; 15/05/2018 – Intel wants to expand its production operations in Israel, with the government saying the U.S. chipmaker would invest about $5 billion; 29/04/2018 – China’s $140 billion push to topple Intel, Samsung and TSMC; 17/04/2018 – ICON Announces Agreement with Intel Allowing Integration of the lntel® Pharma Analytics Platform for Clinical Trials; 28/05/2018 – JCDECAUX SIGNS EXCLUSIVE CONTRACT WITH CIR GLOBAL AIRPORT INTEL; 08/05/2018 – INTEL CAPITAL – WITH THE NEW FUNDING, INTEL CAPITAL’S YEAR-TO-DATE INVESTMENTS HAVE REACHED MORE THAN $115 MLN
Among 39 analysts covering Schlumberger Limited. (NYSE:SLB), 32 have Buy rating, 1 Sell and 6 Hold. Therefore 82% are positive. Schlumberger Limited. had 154 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Monday, April 23 by Credit Suisse. The firm earned “Buy” rating on Monday, April 4 by Goldman Sachs. Citigroup maintained the stock with “Buy” rating in Wednesday, June 13 report. Credit Suisse maintained the stock with “Buy” rating in Monday, July 24 report. The firm has “Buy” rating given on Friday, April 21 by SunTrust. RBC Capital Markets maintained Schlumberger Limited (NYSE:SLB) on Thursday, June 1 with “Buy” rating. BMO Capital Markets maintained Schlumberger Limited (NYSE:SLB) rating on Thursday, July 13. BMO Capital Markets has “Buy” rating and $7400 target. Morgan Stanley maintained Schlumberger Limited (NYSE:SLB) rating on Monday, April 25. Morgan Stanley has “Overweight” rating and $110 target. The stock of Schlumberger Limited (NYSE:SLB) has “Buy” rating given on Friday, March 24 by Tudor Pickering. Atlantic Securities upgraded the stock to “Overweight” rating in Monday, January 22 report.
Since March 26, 2018, it had 3 buys, and 1 sale for $945,601 activity. Another trade for 5,000 shares valued at $323,950 was bought by Schorn Patrick. Jaramillo Claudia sold $218,049 worth of stock or 3,000 shares. Shares for $192,900 were bought by Al Mogharbel Khaled on Wednesday, March 28.
Investors sentiment increased to 1.2 in Q1 2018. Its up 0.54, from 0.66 in 2017Q4. It is positive, as 60 investors sold SLB shares while 488 reduced holdings. 111 funds opened positions while 548 raised stakes. 1.04 billion shares or 1.22% less from 1.05 billion shares in 2017Q4 were reported. Kentucky Retirement Ins Tru Fund reported 31,683 shares. Two Sigma Securities Limited Company invested in 0.04% or 102,262 shares. Chase Counsel accumulated 4,255 shares or 0.14% of the stock. Interest invested in 552,409 shares. Moreover, Norinchukin National Bank The has 0.22% invested in Schlumberger Limited (NYSE:SLB). D L Carlson Inv Grp reported 24,857 shares. 3,106 are held by Hugh Johnson Advsrs Limited. United Asset Strategies has 34,513 shares for 0.66% of their portfolio. Northside Capital Mgmt Ltd Liability Company reported 3,544 shares or 0.08% of all its holdings. Prudential Fincl holds 0.16% in Schlumberger Limited (NYSE:SLB) or 1.63 million shares. Veritable Lp holds 0.13% in Schlumberger Limited (NYSE:SLB) or 93,016 shares. Spears Abacus Advsrs Limited Liability Corp has 1.65% invested in Schlumberger Limited (NYSE:SLB). Mechanics Savings Bank Trust Department invested 0.24% of its portfolio in Schlumberger Limited (NYSE:SLB). Amer Ins Company Tx holds 177,936 shares or 0.59% of its portfolio. Curbstone Mgmt Corp, a New Hampshire-based fund reported 28,482 shares.
More notable recent Schlumberger Limited (NYSE:SLB) news were published by: Seekingalpha.com which released: “Another Solid Performance From Schlumberger” on July 27, 2018, also Seekingalpha.com with their article: “Schlumberger Now Taking Market Share With OneStim” published on July 24, 2018, Seekingalpha.com published: “Schlumberger: The Much Awaited Recovery Is Here” on August 02, 2018. More interesting news about Schlumberger Limited (NYSE:SLB) were released by: Seekingalpha.com and their article: “Schlumberger: Beat And Scarred, But Not Broken” published on July 24, 2018 as well as Seekingalpha.com‘s news article titled: “Schlumberger’s Business Is Recovering” with publication date: July 24, 2018.
Jarislowsky Fraser Ltd, which manages about $33.95B and $16.05B US Long portfolio, decreased its stake in Ca Inc. (NASDAQ:CA) by 24,931 shares to 2.58M shares, valued at $87.50M in 2018Q1, according to the filing. It also reduced its holding in Brookfield Asset Mgt (NYSE:BAM) by 11,446 shares in the quarter, leaving it with 76,675 shares, and cut its stake in Johnson & Johnson (NYSE:JNJ).
Analysts await Intel Corporation (NASDAQ:INTC) to report earnings on October, 25. They expect $1.15 earnings per share, up 13.86% or $0.14 from last year’s $1.01 per share. INTC’s profit will be $5.30 billion for 10.46 P/E if the $1.15 EPS becomes a reality. After $1.04 actual earnings per share reported by Intel Corporation for the previous quarter, Wall Street now forecasts 10.58% EPS growth.
Investors sentiment decreased to 0.76 in Q1 2018. Its down 0.26, from 1.02 in 2017Q4. It is negative, as 76 investors sold INTC shares while 796 reduced holdings. 131 funds opened positions while 531 raised stakes. 3.00 billion shares or 1.96% less from 3.06 billion shares in 2017Q4 were reported. Zurcher Kantonalbank (Zurich Cantonalbank) accumulated 0.85% or 1.80M shares. 1.55 million are held by Regions Fin Corporation. Triangle Wealth Mgmt has 34,106 shares for 1.02% of their portfolio. Fjarde Ap has invested 1.08% in Intel Corporation (NASDAQ:INTC). Buckingham Asset Ltd Liability Com holds 0.71% of its portfolio in Intel Corporation (NASDAQ:INTC) for 70,371 shares. Heritage Invsts Corp owns 660,530 shares. Toth Fincl Advisory holds 0.39% of its portfolio in Intel Corporation (NASDAQ:INTC) for 31,164 shares. Brighton Jones Limited Liability invested in 132,127 shares. Pinnacle Advisory Grp Inc, a Maryland-based fund reported 7,050 shares. The California-based Bennicas & Associates Inc has invested 0.47% in Intel Corporation (NASDAQ:INTC). Lpl owns 1.17 million shares. Choate Investment has invested 0% in Intel Corporation (NASDAQ:INTC). Mitsubishi Ufj, a Japan-based fund reported 11,660 shares. Capital Intll Limited Ca holds 1.17% in Intel Corporation (NASDAQ:INTC) or 125,272 shares. Crossvault Cap Mngmt Limited Co has 1.69% invested in Intel Corporation (NASDAQ:INTC).
Since February 21, 2018, it had 0 insider buys, and 14 insider sales for $9.26 million activity. Shares for $31,366 were sold by Shenoy Navin on Friday, April 27. 6,746 shares were sold by Krzanich Brian M, worth $354,313. 25,000 shares valued at $1.33M were sold by YOFFIE DAVID B on Tuesday, May 8. The insider Rodgers Steven Ralph sold $116,028. On Tuesday, May 8 HUNDT REED E sold $1.07M worth of Intel Corporation (NASDAQ:INTC) or 20,000 shares. McBride Kevin Thomas had sold 686 shares worth $31,943 on Wednesday, February 21.
More notable recent Intel Corporation (NASDAQ:INTC) news were published by: Seekingalpha.com which released: “Intel Vs. Nvidia: The Easy Path For Intel” on August 08, 2018, also Benzinga.com with their article: “Barclays: The Market Believes AMD Is Gaining On Intel” published on August 06, 2018, Nasdaq.com published: “Intel’s (INTC) Q2 Earnings to Ride on DCG, IoT, NAND & Cloud” on July 24, 2018. More interesting news about Intel Corporation (NASDAQ:INTC) were released by: Nasdaq.com and their article: “Intel (INTC) Stock Drops Despite Beating Q2 Earnings Expectations” published on July 27, 2018 as well as Seekingalpha.com‘s news article titled: “Nvidia Q2 Earnings: Crypto, Gaming, Datacenter, And Turing Architecture” with publication date: August 14, 2018.
Godsey & Gibb Associates, which manages about $634.16 million and $567.36M US Long portfolio, upped its stake in Comcast Corp New (NASDAQ:CMCSA) by 10,592 shares to 363,508 shares, valued at $12.42M in 2018Q1, according to the filing. It also increased its holding in Disney Walt Co (NYSE:DIS) by 3,937 shares in the quarter, for a total of 126,503 shares, and has risen its stake in Merck & Co Inc (NYSE:MRK).
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