Three Peaks Capital Management Has Trimmed Position in Extended Stay Amer (STAY) by $591,071; As Schlumberger LTD (SLB) Share Value Declined, Holder Bellecapital International LTD Trimmed Stake by $655,595

April 24, 2018 - By Dolores Ford

Schlumberger Limited (NYSE:SLB) Logo

Three Peaks Capital Management Llc decreased its stake in Extended Stay Amer Inc (STAY) by 4.45% based on its latest 2017Q4 regulatory filing with the SEC. Three Peaks Capital Management Llc sold 31,109 shares as the company’s stock rose 5.09% while stock markets declined. The institutional investor held 667,676 shares of the consumer services company at the end of 2017Q4, valued at $12.69 million, down from 698,785 at the end of the previous reported quarter. Three Peaks Capital Management Llc who had been investing in Extended Stay Amer Inc for a number of months, seems to be less bullish one the $3.80 billion market cap company. The stock increased 0.10% or $0.02 during the last trading session, reaching $19.95. About 87,333 shares traded. Extended Stay America, Inc. (NYSE:STAY) has risen 22.24% since April 24, 2017 and is uptrending. It has outperformed by 10.69% the S&P500.

Bellecapital International Ltd decreased its stake in Schlumberger Ltd (SLB) by 27.41% based on its latest 2017Q4 regulatory filing with the SEC. Bellecapital International Ltd sold 9,785 shares as the company’s stock declined 4.39% with the market. The institutional investor held 25,910 shares of the oilfield services and equipment company at the end of 2017Q4, valued at $1.75M, down from 35,695 at the end of the previous reported quarter. Bellecapital International Ltd who had been investing in Schlumberger Ltd for a number of months, seems to be less bullish one the $96.55 billion market cap company. The stock increased 1.09% or $0.75 during the last trading session, reaching $69.66. About 1.18M shares traded. Schlumberger Limited (NYSE:SLB) has declined 16.28% since April 24, 2017 and is downtrending. It has underperformed by 27.83% the S&P500.

Three Peaks Capital Management Llc, which manages about $566.27M and $671.56 million US Long portfolio, upped its stake in Andeavor by 8,655 shares to 27,115 shares, valued at $3.10 million in 2017Q4, according to the filing. It also increased its holding in Oneok Inc New (NYSE:OKE) by 19,234 shares in the quarter, for a total of 50,691 shares, and has risen its stake in Commscope Hldg Co Inc (NASDAQ:COMM).

Since March 8, 2018, it had 0 insider purchases, and 1 sale for $192,306 activity.

Investors sentiment increased to 1.55 in Q4 2017. Its up 0.15, from 1.4 in 2017Q3. It improved, as 30 investors sold STAY shares while 58 reduced holdings. 41 funds opened positions while 95 raised stakes. 176.99 million shares or 2.95% less from 182.36 million shares in 2017Q3 were reported. Qs Limited Liability stated it has 10,699 shares or 0% of all its holdings. Bamco, a New York-based fund reported 736,525 shares. Natixis holds 0.03% of its portfolio in Extended Stay America, Inc. (NYSE:STAY) for 191,428 shares. Bluemountain Mngmt Llc has invested 0.01% in Extended Stay America, Inc. (NYSE:STAY). Asset One Ltd holds 0% in Extended Stay America, Inc. (NYSE:STAY) or 7,000 shares. Stevens Capital Management Ltd Partnership has invested 0.02% in Extended Stay America, Inc. (NYSE:STAY). Citadel Advsrs Ltd Company reported 4.37M shares stake. 14,594 are held by Morgan Stanley. Walleye Trading Limited Liability Corp invested in 128,567 shares. Huntington Retail Bank has invested 0% of its portfolio in Extended Stay America, Inc. (NYSE:STAY). Pnc Fin Ser Inc has 47,622 shares for 0% of their portfolio. Brown Brothers Harriman And has invested 0% in Extended Stay America, Inc. (NYSE:STAY). Corsair Management LP owns 768,272 shares. Gsa Partners Limited Liability Partnership reported 97,497 shares. 105 were accumulated by Earnest Prns.

Analysts await Extended Stay America, Inc. (NYSE:STAY) to report earnings on April, 26 after the close. They expect $0.17 earnings per share, up 13.33% or $0.02 from last year’s $0.15 per share. STAY’s profit will be $32.38 million for 29.34 P/E if the $0.17 EPS becomes a reality. After $0.19 actual earnings per share reported by Extended Stay America, Inc. for the previous quarter, Wall Street now forecasts -10.53% negative EPS growth.

Among 13 analysts covering Extended Stay America (NYSE:STAY), 9 have Buy rating, 0 Sell and 4 Hold. Therefore 69% are positive. Extended Stay America had 35 analyst reports since August 3, 2015 according to SRatingsIntel. On Thursday, December 15 the stock rating was upgraded by Bank of America to “Buy”. The stock has “Buy” rating by Robert W. Baird on Wednesday, September 6. The rating was maintained by Stifel Nicolaus with “Buy” on Tuesday, August 1. The firm earned “Underperform” rating on Tuesday, July 21 by Bank of America. Stifel Nicolaus maintained the shares of STAY in report on Tuesday, October 10 with “Buy” rating. J.P. Morgan upgraded Extended Stay America, Inc. (NYSE:STAY) on Wednesday, December 13 to “Buy” rating. The company was upgraded on Wednesday, December 13 by JP Morgan. Deutsche Bank maintained the stock with “Buy” rating in Wednesday, November 8 report. Stifel Nicolaus maintained Extended Stay America, Inc. (NYSE:STAY) rating on Thursday, February 1. Stifel Nicolaus has “Buy” rating and $21.0 target. The firm earned “Overweight” rating on Monday, November 13 by Barclays Capital.

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. 10,354 were reported by Whalerock Point Partners Limited Liability Company. Duff Phelps Inv Management accumulated 15,335 shares or 0.01% of the stock. Focused Wealth Management holds 14,157 shares. Sarasin And Prns Llp holds 1.41% of its portfolio in Schlumberger Limited (NYSE:SLB) for 1.08 million shares. Roosevelt Inv Grp accumulated 0.08% or 12,140 shares. Grimes & Co has 50,383 shares for 0.33% of their portfolio. First Amer Bankshares reported 0.07% in Schlumberger Limited (NYSE:SLB). Bbva Compass Savings Bank Incorporated reported 109,798 shares. Golub Grp Limited Liability Company reported 3,036 shares or 0.02% of all its holdings. Artisan Limited Partnership stated it has 3.70M shares or 0.47% of all its holdings. Private Trust Company Na holds 0.29% of its portfolio in Schlumberger Limited (NYSE:SLB) for 20,241 shares. The Ontario – Canada-based Cibc Ww Incorporated has invested 0.03% in Schlumberger Limited (NYSE:SLB). Washington Cap holds 1.78% of its portfolio in Schlumberger Limited (NYSE:SLB) for 26,405 shares. Rockland Tru holds 0.78% of its portfolio in Schlumberger Limited (NYSE:SLB) for 90,143 shares. Bkd Wealth Advsr Ltd Limited Liability Company invested in 0.28% or 40,957 shares.

Since January 22, 2018, it had 3 insider buys, and 2 sales for $6.71 million activity. The insider KIBSGAARD PAAL bought 10,000 shares worth $646,800. On Wednesday, March 28 Al Mogharbel Khaled bought $192,900 worth of Schlumberger Limited (NYSE:SLB) or 3,000 shares. $1.96 million worth of Schlumberger Limited (NYSE:SLB) was sold by Guild Howard on Monday, January 22. Shares for $323,950 were bought by Schorn Patrick.

Among 39 analysts covering Schlumberger Limited. (NYSE:SLB), 32 have Buy rating, 1 Sell and 6 Hold. Therefore 82% are positive. Schlumberger Limited. had 147 analyst reports since July 22, 2015 according to SRatingsIntel. The company was maintained on Monday, January 15 by BMO Capital Markets. On Friday, February 19 the stock rating was initiated by DA Davidson with “Buy”. On Thursday, July 6 the stock rating was upgraded by Bernstein to “Outperform”. The company was upgraded on Thursday, September 3 by Citigroup. As per Tuesday, August 16, the company rating was maintained by Nomura. The stock has “Buy” rating by Cowen & Co on Wednesday, August 30. On Tuesday, March 29 the stock rating was maintained by Citigroup with “Buy”. The stock has “Buy” rating by Credit Suisse on Monday, July 24. The firm has “Hold” rating given on Wednesday, April 20 by Standpoint Research. The stock of Schlumberger Limited (NYSE:SLB) has “Overweight” rating given on Wednesday, April 20 by Barclays Capital.

Bellecapital International Ltd, which manages about $508.69 million and $123.71M US Long portfolio, upped its stake in Starbucks Corp (NASDAQ:SBUX) by 20,744 shares to 98,889 shares, valued at $5.68 million in 2017Q4, according to the filing. It also increased its holding in Cisco Sys Inc (NASDAQ:CSCO) by 41,817 shares in the quarter, for a total of 110,911 shares, and has risen its stake in Jpmorgan Chase & Co (NYSE:JPM).

Extended Stay America, Inc. (NYSE:STAY) Institutional Positions Chart

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