As Schlumberger LTD (SLB) Share Price Declined, Bright Rock Capital Management Cut Stake; Hillhouse Capital Management LTD Position in Priceline Grp (PCLN) Trimmed by $192.76 Million as Shares Were Volatile

May 26, 2018 - By Hazel Jackson

Schlumberger Limited (NYSE:SLB) Logo

Lei Zhang decreased its stake in Priceline Grp Inc (PCLN) by 98.78% based on its latest 2017Q4 regulatory filing with the SEC. Hillhouse Capital Management Ltd sold 110,975 shares as the company’s stock 0.00% . The hedge fund run by Lei Zhang held 1,367 shares of the business services company at the end of 2017Q4, valued at $2.38 million, down from 112,342 at the end of the previous reported quarter. Hillhouse Capital Management Ltd who had been investing in Priceline Grp Inc for a number of months, seems to be less bullish one the $ market cap company. The stock decreased 0.07% or $1.38 during the last trading session, reaching $1905.64. About 570,074 shares traded or Infinity% up from the average. PRICELINE GROUP INC (NASDAQ:PCLN) has 0.00% since May 26, 2017 and is . It has underperformed by 11.55% the S&P500.




Bright Rock Capital Management Llc decreased its stake in Schlumberger Ltd (SLB) by 47.83% based on its latest 2017Q4 regulatory filing with the SEC. Bright Rock Capital Management Llc sold 55,000 shares as the company’s stock declined 4.39% with the market. The institutional investor held 60,000 shares of the oilfield services and equipment company at the end of 2017Q4, valued at $4.04M, down from 115,000 at the end of the previous reported quarter. Bright Rock Capital Management Llc who had been investing in Schlumberger Ltd for a number of months, seems to be less bullish one the $95.02 billion market cap company. The stock decreased 3.68% or $2.62 during the last trading session, reaching $68.6. About 10.72 million shares traded or 53.33% up from the average. Schlumberger Limited (NYSE:SLB) has declined 16.28% since May 26, 2017 and is downtrending. It has underperformed by 27.83% the S&P500.

Since January 22, 2018, it had 3 insider purchases, and 3 insider sales for $6.93 million activity. 75,000 shares were sold by AYAT SIMON, worth $5.91M. On Wednesday, March 28 the insider Al Mogharbel Khaled bought $192,900. The insider Schorn Patrick bought 5,000 shares worth $323,950. KIBSGAARD PAAL had bought 10,000 shares worth $646,800. 25,000 shares were sold by Guild Howard, worth $1.96 million on Monday, January 22.

Among 39 analysts covering Schlumberger Limited. (NYSE:SLB), 32 have Buy rating, 1 Sell and 6 Hold. Therefore 82% are positive. Schlumberger Limited. had 149 analyst reports since July 22, 2015 according to SRatingsIntel. Citigroup maintained it with “Buy” rating and $82 target in Tuesday, March 29 report. The stock has “Buy” rating by DA Davidson on Friday, February 19. Goldman Sachs maintained Schlumberger Limited (NYSE:SLB) rating on Monday, April 4. Goldman Sachs has “Buy” rating and $82 target. The stock of Schlumberger Limited (NYSE:SLB) earned “Buy” rating by Citigroup on Thursday, October 5. The stock has “Buy” rating by BMO Capital Markets on Wednesday, June 21. As per Tuesday, April 3, the company rating was upgraded by SunTrust. The rating was maintained by Barclays Capital on Tuesday, April 26 with “Overweight”. The stock of Schlumberger Limited (NYSE:SLB) has “Buy” rating given on Thursday, September 3 by Citigroup. The rating was maintained by Barclays Capital with “Equal-Weight” on Monday, March 28. The firm earned “Buy” rating on Wednesday, August 30 by Cowen & Co.

Another recent and important Schlumberger Limited (NYSE:SLB) news was published by Seekingalpha.com which published an article titled: “Baker Hughes General Electric Is Up Over 30% Since The February Low – Is GE Getting The Message?” on May 24, 2018.

Analysts await Schlumberger Limited (NYSE:SLB) to report earnings on July, 20. They expect $0.46 EPS, up 31.43% or $0.11 from last year’s $0.35 per share. SLB’s profit will be $637.16 million for 37.28 P/E if the $0.46 EPS becomes a reality. After $0.38 actual EPS 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 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. Intll Inc holds 0.12% or 551,776 shares in its portfolio. Carlson Capital reported 0.06% of its portfolio in Schlumberger Limited (NYSE:SLB). Pinnacle Finance Prns, Tennessee-based fund reported 53,978 shares. Acg Wealth stated it has 23,369 shares or 0.23% of all its holdings. Vigilant Cap Ltd Llc stated it has 35,938 shares. Sandy Spring Bank invested in 73,697 shares. Smith Asset Mngmt Limited Partnership invested in 0% or 150 shares. 736 were accumulated by Perkins Coie Trust Commerce. Argent Tru accumulated 10,380 shares or 0.27% of the stock. Anderson Hoagland stated it has 1.22% in Schlumberger Limited (NYSE:SLB). North Star Investment Corp stated it has 0.05% in Schlumberger Limited (NYSE:SLB). Duff Phelps Investment holds 15,335 shares. Stack Management reported 376,635 shares. Charter Tru invested 0.12% in Schlumberger Limited (NYSE:SLB). Tudor Corp Et Al holds 0.06% of its portfolio in Schlumberger Limited (NYSE:SLB) for 37,912 shares.

Investors sentiment is 1.03 in Q4 2017. Its the same as in 2017Q3. It is flat, as 86 investors sold PCLN shares while 311 reduced holdings. only 96 funds opened positions while 311 raised stakes. 43.90 million shares or 12.31% less from 50.07 million shares in 2017Q3 were reported. Wealthtrust reported 19 shares stake. Wolverine Asset Mngmt Lc invested in 8,610 shares or 0.15% of the stock. State Board Of Administration Of Florida Retirement System invested in 0.31% or 68,140 shares. Brinker Cap has 6,829 shares for 0.46% of their portfolio. New York-based Integral Derivatives Limited Co has invested 0.04% in PRICELINE GROUP INC (NASDAQ:PCLN). Moreover, Oppenheimer & Communications has 0.03% invested in PRICELINE GROUP INC (NASDAQ:PCLN) for 680 shares. Edgewood Management Limited Liability Company reported 699,851 shares. Amica Retiree Med holds 295 shares or 0.39% of its portfolio. Centaur Cap Prns LP reported 3.37% in PRICELINE GROUP INC (NASDAQ:PCLN). Hanson Mcclain Incorporated reported 2 shares stake. Brown Brothers Harriman reported 0% of its portfolio in PRICELINE GROUP INC (NASDAQ:PCLN). Tower Limited Liability Company (Trc) has invested 0.37% of its portfolio in PRICELINE GROUP INC (NASDAQ:PCLN). First Pacific Advsr Llc invested 0.04% in PRICELINE GROUP INC (NASDAQ:PCLN). Blair William And Il stated it has 0.41% in PRICELINE GROUP INC (NASDAQ:PCLN). Warren Averett Asset Mgmt Ltd Liability Corporation invested in 214 shares.

Hillhouse Capital Management Ltd, which manages about $11.07 billion and $5.89B US Long portfolio, upped its stake in Snap Inc by 1.38M shares to 7.49 million shares, valued at $109.36 million in 2017Q4, according to the filing. It also increased its holding in Tal Ed Group (NYSE:XRS) by 5.16M shares in the quarter, for a total of 8.75 million shares, and has risen its stake in Myokardia Inc.

Since December 15, 2017, it had 0 insider purchases, and 8 insider sales for $10.99 million activity. The insider Tans Gillian sold $617,762. MILLONES PETER J sold 3,629 shares worth $7.94M.

Schlumberger Limited (NYSE:SLB) Institutional Positions Chart

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