Motco Has Trimmed By $2.64 Million Its Schlumberger Limited (SLB) Position; Last Week Lennox International Inc. (LII) Coverage

August 12, 2018 - By Matthew Richard

Schlumberger Limited (NYSE:SLB) Logo

Motco decreased Schlumberger Limited (SLB) stake by 47.19% reported in 2018Q1 SEC filing. Motco sold 41,301 shares as Schlumberger Limited (SLB)’s stock rose 2.80%. The Motco holds 46,225 shares with $3.00 million value, down from 87,526 last quarter. Schlumberger Limited now has $91.41B valuation. The stock increased 0.98% or $0.64 during the last trading session, reaching $66.04. About 4.85 million shares traded. Schlumberger Limited (NYSE:SLB) has declined 1.14% since August 12, 2017 and is downtrending. It has underperformed by 13.71% the S&P500. Some Historical SLB News: 15/05/2018 – Schlumberger Presenting at Conference Tomorrow; 20/04/2018 – Schlumberger 1Q North America Revenue $2.84B; 18/04/2018 – SEADRILL CEO SAYS EXPECTS JOHN FREDRIKSEN TO REMAIN LONG-TERM ‘ANCHOR SHAREHOLDER’; 06/03/2018 – CERAWEEK – SCHLUMBERGER’S KIBSGAARD SAYS GLOBAL OIL MARKET IS UNBALANCED, INVESTMENT LEVELS ‘TOO LOW’ TO MEET MEDIUM-TERM DEMAND REQUIREMENTS; 20/04/2018 – SCHLUMBERGER – GROWTH IN NORTH AMERICA IN QTR DRIVEN BY RAMP-UP OF ACTIVITY IN CANADA AND HIGHER DRILLING GROUP ACTIVITY IN NORTH AMERICA, AMONG OTHERS; 21/05/2018 – Energy Voice: Exclusive: Bonuses slashed at Schlumberger as `pricing pressure’ continues – #OOTT; 20/04/2018 – SCL: Schlumberger Limited: 1st Quarter Results; 31/05/2018 – OPHIR ENERGY PLC – OPHIR HAS ALREADY HELD INFORMAL DISCUSSIONS WITH OTHER POTENTIAL PARTNERS FOR FORTUNA PROJECT; 29/03/2018 – RUSSIA’S FAS: DIFFERENT OPTIONS ON SCHLUMBERGER’S STAKE IN EDC; 27/03/2018 – SAUDIS, SCHLUMBERGER ANNOUNCE DOWNHOLE SERVICES AGREEMENT

Among 4 analysts covering Lennox International Inc (NYSE:LII), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. Lennox International Inc had 6 analyst reports since February 15, 2018 according to SRatingsIntel. The stock of Lennox International Inc. (NYSE:LII) earned “Overweight” rating by Barclays Capital on Thursday, August 9. As per Wednesday, March 21, the company rating was maintained by Stifel Nicolaus. On Tuesday, April 24 the stock rating was maintained by Stifel Nicolaus with “Hold”. The stock of Lennox International Inc. (NYSE:LII) has “Market Perform” rating given on Monday, July 9 by Wells Fargo. Susquehanna maintained the stock with “Hold” rating in Tuesday, April 24 report. See Lennox International Inc. (NYSE:LII) latest ratings:

09/08/2018 Broker: Barclays Capital Old Rating: Overweight New Rating: Overweight Old Target: $233 New Target: $239 Maintain
09/07/2018 Broker: Wells Fargo Old Rating: Market Perform New Rating: Market Perform Old Target: $220 New Target: $230 Maintain
24/04/2018 Broker: Susquehanna Rating: Hold New Target: $212.0000 Maintain
24/04/2018 Broker: Stifel Nicolaus Old Rating: Hold New Rating: Hold Old Target: $218 New Target: $210 Maintain
21/03/2018 Broker: Stifel Nicolaus Old Rating: Hold New Rating: Hold Old Target: $206 New Target: $218 Maintain
15/02/2018 Broker: Barclays Capital Rating: Overweight New Target: $233 Initiates Coverage On

More notable recent Lennox International Inc. (NYSE:LII) news were published by: Seekingalpha.com which released: “Lennox raised FY2018 guidance” on July 23, 2018, also Globenewswire.com with their article: “Detailed Research: Economic Perspectives on A10 Networks, Lannett, Navigant Consulting, EastGroup Properties …” published on August 06, 2018, Streetinsider.com published: “Lennox (LII) Reports Tornado Damage at Manufacturing Facility” on July 20, 2018. More interesting news about Lennox International Inc. (NYSE:LII) were released by: Benzinga.com and their article: “Earnings Scheduled For July 23, 2018” published on July 23, 2018 as well as Fool.com‘s news article titled: “1 Hot Long-Term Trend to Invest In” with publication date: July 26, 2018.

The stock decreased 0.62% or $1.35 during the last trading session, reaching $215.62. About 155,893 shares traded. Lennox International Inc. (NYSE:LII) has risen 17.70% since August 12, 2017 and is uptrending. It has outperformed by 5.13% the S&P500. Some Historical LII News: 15/05/2018 – Lennox Raises Dividend to 64c; 14/03/2018 – LENNOX INTERNATIONAL INC Lll.N – RAISING ITS 2020 MARGIN TARGET FOR REFRIGERATION SEGMENT FROM 12-14% TO A NEW RANGE OF 14-16%; 23/04/2018 – Lennox 1Q Adj EPS $1.13; 14/03/2018 – Lennox International Separately Is in Process of Selling Real Estate in the Sydney Area Formerly Related to Its Business Operations There; 07/05/2018 – HLS APPOINTS RYAN LENNOX AS GENERAL COUNSEL; 16/05/2018 – GW Pharmaceuticals and U.S. Subsidiary Greenwich Biosciences Announce Publication in The New England Journal of Medicine of a Phase 3 Study of Cannabidiol Oral Solution in Lennox-Gastaut Syndrome; 14/03/2018 – LENNOX INTERNATIONAL INC – TOTAL NET PROCEEDS FROM TRANSACTIONS ARE BROADLY ESTIMATED TO BE APPROXIMATELY $110 MLN; 23/04/2018 – LENNOX REAFFIRMS YEAR ADJ EPS FROM CONT OPS FORECAST; 15/05/2018 – LENNOX INTL BOOSTS DIV 25%; 23/04/2018 – Lennox Cuts 2018 View To Cont Ops EPS $8.79-EPS $9.39

Since February 9, 2018, it had 0 insider purchases, and 15 insider sales for $23.69 million activity. Bluedorn Todd M also sold $5.26M worth of Lennox International Inc. (NYSE:LII) shares. The insider MAJOR JOHN E sold 1,000 shares worth $200,000. Another trade for 5,011 shares valued at $1.04M was sold by BEDAPUDI PRAKASH. Bedard Gary S also sold $105,000 worth of Lennox International Inc. (NYSE:LII) shares. Young Douglas L also sold $1.42M worth of Lennox International Inc. (NYSE:LII) on Thursday, March 15. Shares for $927,146 were sold by JOHNSTON TERRY L on Thursday, March 15. $863,633 worth of stock was sold by Torres John D on Friday, February 9.

Lennox International Inc. designs, manufactures, and markets a range of products for the heating, ventilation, air conditioning, and refrigeration markets in the United States, Europe, the Asia Pacific, South America, and Canada. The company has market cap of $8.68 billion. The firm operates in three divisions: Residential Heating & Cooling, Commercial Heating & Cooling, and Refrigeration. It has a 28.11 P/E ratio. The Residential Heating & Cooling segment provides furnaces, air conditioners, heat pumps, packaged heating and cooling systems, indoor air quality equipment, comfort control products, and replacement parts and supplies for residential replacement and new construction markets.

Investors sentiment decreased to 0.89 in Q1 2018. Its down 0.18, from 1.07 in 2017Q4. It worsened, as 30 investors sold Lennox International Inc. shares while 111 reduced holdings. 41 funds opened positions while 85 raised stakes. 27.92 million shares or 0.33% more from 27.83 million shares in 2017Q4 were reported. Moneta Group Investment Advsrs Ltd Com invested 0.01% of its portfolio in Lennox International Inc. (NYSE:LII). Gulf International Bancshares (Uk) Limited accumulated 11,845 shares. Moreover, Barclays Public Limited Company has 0% invested in Lennox International Inc. (NYSE:LII). Blair William & Comm Il, Illinois-based fund reported 8,698 shares. Teacher Retirement Systems Of Texas owns 8,308 shares or 0.01% of their US portfolio. Cwm Ltd Limited Liability Company reported 0% in Lennox International Inc. (NYSE:LII). Amer Century Cos holds 0.05% of its portfolio in Lennox International Inc. (NYSE:LII) for 233,296 shares. Cubist Systematic Strategies Limited stated it has 1,300 shares. Metropolitan Life Company owns 12,499 shares or 0% of their US portfolio. Fjarde Ap accumulated 14,026 shares. Moreover, Credit Suisse Ag has 0.01% invested in Lennox International Inc. (NYSE:LII) for 59,537 shares. Advantus reported 0.02% in Lennox International Inc. (NYSE:LII). Point72 Asset Mgmt L P reported 11,600 shares. Parametric Port Assoc Ltd Limited Liability Company accumulated 81,726 shares or 0.02% of the stock. Logan Capital Management Inc accumulated 20,734 shares.

Among 10 analysts covering Schlumberger Limited (NYSE:SLB), 10 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Schlumberger Limited had 15 analyst reports since February 26, 2018 according to SRatingsIntel. The firm earned “Buy” rating on Wednesday, June 13 by Citigroup. Jefferies maintained the stock with “Buy” rating in Wednesday, April 4 report. The company was maintained on Monday, July 23 by Citigroup. The company was maintained on Thursday, March 15 by Cowen & Co. As per Monday, April 23, the company rating was maintained by Susquehanna. The company was maintained on Thursday, May 24 by Wells Fargo. The firm has “Outperform” rating given on Monday, July 23 by Credit Suisse. FBR Capital maintained the stock with “Buy” rating in Thursday, June 21 report. The stock of Schlumberger Limited (NYSE:SLB) has “Buy” rating given on Monday, April 23 by SunTrust. The rating was maintained by Cowen & Co with “Buy” on Friday, April 13.

More notable recent Schlumberger Limited (NYSE:SLB) news were published by: Seekingalpha.com which released: “Revisiting Schlumberger” on July 22, 2018, also Seekingalpha.com with their article: “Schlumberger: Beat And Scarred, But Not Broken” published on July 24, 2018, Seekingalpha.com published: “Schlumberger Now Taking Market Share With OneStim” on July 24, 2018. More interesting news about Schlumberger Limited (NYSE:SLB) were released by: Seekingalpha.com and their article: “Another Solid Performance From Schlumberger” published on July 27, 2018 as well as Seekingalpha.com‘s news article titled: “Schlumberger: The Much Awaited Recovery Is Here” with publication date: August 02, 2018.

Since March 26, 2018, it had 3 buys, and 1 sale for $945,601 activity. 3,000 shares were sold by Jaramillo Claudia, worth $218,049 on Wednesday, May 16. KIBSGAARD PAAL had bought 10,000 shares worth $646,800 on Monday, March 26. Schorn Patrick had bought 5,000 shares worth $323,950. Shares for $192,900 were bought by Al Mogharbel Khaled on Wednesday, March 28.

Motco increased Amazon.Com Inc. (NASDAQ:AMZN) stake by 240 shares to 318 valued at $460,000 in 2018Q1. It also upped Gateway Fund (GTEYX) stake by 11,061 shares and now owns 394,077 shares. American Europacific Growth Fd F3 was raised too.

Investors sentiment increased to 1.2 in 2018 Q1. Its up 0.54, from 0.66 in 2017Q4. It increased, 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. Corecommodity Mngmt Lc accumulated 13,459 shares or 0.66% of the stock. Guinness Asset Mngmt owns 129,000 shares. Brown Advisory Incorporated invested in 0.12% or 411,154 shares. 31,231 were reported by Tokio Marine Asset Mgmt Co Limited. Iberiabank Corporation reported 32,843 shares. Ing Groep Nv reported 182,553 shares or 0.21% of all its holdings. Bb&T Corp invested in 0.29% or 237,513 shares. Pittenger Anderson accumulated 400 shares or 0% of the stock. Bingham Osborn Scarborough Limited Liability invested in 0.02% or 3,438 shares. Hudock Capital Group Incorporated Lc reported 0.02% of its portfolio in Schlumberger Limited (NYSE:SLB). Eagleclaw Managment Ltd Liability has invested 0.82% in Schlumberger Limited (NYSE:SLB). Virginia Retirement Sys Et Al, a Virginia-based fund reported 71,976 shares. Andra Ap holds 68,700 shares. Los Angeles Cap Mngmt & Equity has 177,179 shares for 0.07% of their portfolio. Garde Inc owns 10,811 shares.

Analysts await Schlumberger Limited (NYSE:SLB) to report earnings on October, 19. They expect $0.48 EPS, up 14.29% or $0.06 from last year’s $0.42 per share. SLB’s profit will be $664.38M for 34.40 P/E if the $0.48 EPS becomes a reality. After $0.43 actual EPS reported by Schlumberger Limited for the previous quarter, Wall Street now forecasts 11.63% EPS growth.

Schlumberger Limited (NYSE:SLB) Institutional Positions Chart

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