Schlumberger LTD (SLB) Holder Marble Harbor Investment Counsel Has Increased Position; As Delta Airlines (DAL) Stock Price Declined, Lee Danner & Bass Has Upped Its Position by $559,632

February 22, 2018 - By Marie Mckinney

Lee Danner & Bass Inc increased its stake in Delta Airlines Inc. (DAL) by 13.26% based on its latest 2017Q3 regulatory filing with the SEC. Lee Danner & Bass Inc bought 11,659 shares as the company’s stock declined 5.91% while stock markets rallied. The institutional investor held 99,616 shares of the transportation company at the end of 2017Q3, valued at $4.80M, up from 87,957 at the end of the previous reported quarter. Lee Danner & Bass Inc who had been investing in Delta Airlines Inc. for a number of months, seems to be bullish on the $37.55B market cap company. The stock increased 0.03% or $0.01 during the last trading session, reaching $52.87. About 2.51M shares traded. Delta Air Lines, Inc. (NYSE:DAL) has risen 11.83% since February 22, 2017 and is uptrending. It has underperformed by 4.87% the S&P500.

Marble Harbor Investment Counsel Llc increased its stake in Schlumberger Ltd (SLB) by 4.93% based on its latest 2017Q3 regulatory filing with the SEC. Marble Harbor Investment Counsel Llc bought 4,750 shares as the company’s stock declined 11.04% while stock markets rallied. The hedge fund held 101,106 shares of the oilfield services and equipment company at the end of 2017Q3, valued at $7.05M, up from 96,356 at the end of the previous reported quarter. Marble Harbor Investment Counsel Llc who had been investing in Schlumberger Ltd for a number of months, seems to be bullish on the $90.34B market cap company. The stock increased 1.37% or $0.88 during the last trading session, reaching $65.28. About 4.47M shares traded. Schlumberger Limited (NYSE:SLB) has declined 3.30% since February 22, 2017 and is downtrending. It has underperformed by 20.00% the S&P500.




Lee Danner & Bass Inc, which manages about $1.12B and $929.08 million US Long portfolio, decreased its stake in Cars.Com Inc. by 17,648 shares to 188,652 shares, valued at $5.02 million in 2017Q3, according to the filing. It also reduced its holding in Overstock (NASDAQ:OSTK) by 13,234 shares in the quarter, leaving it with 594,766 shares, and cut its stake in Intel Corp. (NASDAQ:INTC).

Since October 12, 2017, it had 1 insider buy, and 12 selling transactions for $26.14 million activity. $50,511 worth of Delta Air Lines, Inc. (NYSE:DAL) was sold by Smith Joanne D. Shares for $8.45 million were sold by Bastian Edward H on Thursday, October 12. 9,000 shares valued at $504,540 were sold by West W Gilbert on Friday, February 2. Sear Steven M sold $365,628 worth of stock. 31,600 shares valued at $1.76M were sold by HAUENSTEIN GLEN W on Friday, December 15. $200,193 worth of Delta Air Lines, Inc. (NYSE:DAL) was bought by BLAKE FRANCIS S.

Among 20 analysts covering Delta Air Lines (NYSE:DAL), 20 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Delta Air Lines had 68 analyst reports since August 3, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Friday, December 15 by Cowen & Co. The stock of Delta Air Lines, Inc. (NYSE:DAL) earned “Outperform” rating by Bernstein on Monday, February 6. JP Morgan maintained the stock with “Overweight” rating in Thursday, February 4 report. The stock of Delta Air Lines, Inc. (NYSE:DAL) earned “Buy” rating by Stifel Nicolaus on Wednesday, January 10. As per Monday, January 8, the company rating was maintained by Cowen & Co. Credit Suisse maintained it with “Outperform” rating and $51 target in Wednesday, July 6 report. Stifel Nicolaus maintained the stock with “Buy” rating in Sunday, August 20 report. The company was maintained on Monday, October 5 by Deutsche Bank. Deutsche Bank downgraded the shares of DAL in report on Friday, April 1 to “Hold” rating. The stock of Delta Air Lines, Inc. (NYSE:DAL) earned “Buy” rating by Stifel Nicolaus on Monday, October 23.

Investors sentiment increased to 1.15 in Q3 2017. Its up 0.17, from 0.98 in 2017Q2. It is positive, as 69 investors sold DAL shares while 247 reduced holdings. 92 funds opened positions while 271 raised stakes. 589.14 million shares or 3.18% less from 608.49 million shares in 2017Q2 were reported. Product has 276,047 shares. Moreover, Ubs Oconnor Ltd Limited Liability Company has 0.3% invested in Delta Air Lines, Inc. (NYSE:DAL) for 268,969 shares. Howe & Rusling Incorporated reported 750 shares or 0.01% of all its holdings. Northern Trust holds 0.09% or 7.19M shares in its portfolio. Baskin Fin Service Inc stated it has 149,819 shares. First Pacific Advisors Llc invested in 0.02% or 49,400 shares. Assetmark has invested 0% in Delta Air Lines, Inc. (NYSE:DAL). Hbk Limited Partnership invested in 289,000 shares. Baxter Bros holds 0.12% in Delta Air Lines, Inc. (NYSE:DAL) or 8,570 shares. Jolley Asset Mgmt Limited Liability Corp, North Carolina-based fund reported 80,767 shares. Tradewinds Limited Com invested in 0.06% or 2,250 shares. Azimuth Ltd Liability Com reported 5,370 shares. Tower Rech Capital Lc (Trc) owns 2,673 shares for 0.01% of their portfolio. Scopus Asset Lp invested in 0.07% or 145,000 shares. Cahill Finance Advsr Incorporated has 18,257 shares.

Since October 24, 2017, it had 0 insider buys, and 3 sales for $8.09 million activity. Guild Howard also sold $1.96M worth of Schlumberger Limited (NYSE:SLB) shares. $5.91M worth of Schlumberger Limited (NYSE:SLB) was sold by AYAT SIMON.

Investors sentiment is 0.88 in 2017 Q3. Its the same as in 2017Q2. It has no change, as 69 investors sold SLB shares while 596 reduced holdings. only 105 funds opened positions while 481 raised stakes. 1.20 billion shares or 11.55% more from 1.07 billion shares in 2017Q2 were reported. Van Den Berg Management I stated it has 2.89% of its portfolio in Schlumberger Limited (NYSE:SLB). Wells Fargo Company Mn, California-based fund reported 9.37 million shares. Arrow Fin Corporation owns 0.19% invested in Schlumberger Limited (NYSE:SLB) for 11,201 shares. Brinker Capital invested 0.4% in Schlumberger Limited (NYSE:SLB). Willingdon Wealth Mngmt holds 1.29% or 50,892 shares in its portfolio. Meristem Llp holds 0.39% or 13,824 shares in its portfolio. Kentucky-based Harvey Inv Company has invested 0.36% in Schlumberger Limited (NYSE:SLB). 560,102 are held by Confluence Investment Mgmt Ltd Liability Company. First Merchants invested 0.81% of its portfolio in Schlumberger Limited (NYSE:SLB). Tortoise Inv Management Limited Liability Com holds 1,300 shares or 0.03% of its portfolio. Fisher Asset Management Ltd Liability Corp owns 32,677 shares. Virginia Retirement Et Al stated it has 238,823 shares or 0.2% of all its holdings. M&R Cap Mgmt Inc accumulated 0.42% or 24,761 shares. Great Lakes Advisors Limited Liability Company has 1.18 million shares. Lloyds Group Public Limited Co has invested 1.23% in Schlumberger Limited (NYSE:SLB).

Among 38 analysts covering Schlumberger Limited. (NYSE:SLB), 31 have Buy rating, 1 Sell and 6 Hold. Therefore 82% are positive. Schlumberger Limited. had 139 analyst reports since July 22, 2015 according to SRatingsIntel. Jefferies maintained Schlumberger Limited (NYSE:SLB) on Friday, August 25 with “Buy” rating. Morgan Stanley maintained the shares of SLB in report on Tuesday, April 19 with “Overweight” rating. The company was downgraded on Wednesday, October 11 by BMO Capital Markets. Cowen & Co maintained the shares of SLB in report on Monday, January 25 with “Outperform” rating. The stock of Schlumberger Limited (NYSE:SLB) earned “Outperform” rating by Credit Suisse on Monday, April 4. Morgan Stanley maintained Schlumberger Limited (NYSE:SLB) rating on Monday, October 23. Morgan Stanley has “Overweight” rating and $81 target. As per Wednesday, April 20, the company rating was downgraded by Standpoint Research. The rating was maintained by Cowen & Co with “Buy” on Friday, July 7. Howard Weil maintained the stock with “Focus Stock” rating in Monday, January 25 report. The rating was upgraded by Griffin Securities on Monday, February 12 to “Buy”.

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