Schlumberger NV (SLB) Shares Sold by Charter Trust Co

Over the trailing year, the stock is underperforming the S&P 500 by 29.12, and it's gotten there by action that has been more volatile on a day-to-day basis than most other stocks on the exchange.

The counter witnessed a trading volume of 0.42 million shares versus an average volume of 0.4 million shares during last trading session.

A number of other institutional investors have also bought and sold shares of the business. Proficio Capital Partners LLC lifted its stake in Schlumberger 18.0% in the first quarter. The institutional investor held 336,752 shares of the consumer electronics and appliances company at the end of 2016Q4, valued at $61.21M, up from 324,071 at the end of the previous reported quarter. Jolley Asset Management LLC boosted its holdings in shares of Schlumberger 10.0% during the first quarter.

Geneva Advisors Llc increased its stake in Schlumberger Ltd F (SLB) by 49.15% based on its latest 2016Q4 regulatory filing with the SEC. State Street Corp now owns 72,400,230 shares of the oil and gas company's stock worth $5,655,994,000 after buying an additional 769,874 shares during the last quarter. First United Bank Trust now owns 13,135 shares of the oil and gas company's stock worth $1,026,000 after purchasing an additional 1,175 shares during the period. Jolley Asset Management LLC now owns 44,249 shares of the oil and gas company's stock worth $3,456,000 after purchasing an additional 4,037 shares during the period.

Many investment firms and many large funds also modified their stake in SLB. The stock carved out a 52-week low down at $62.56. (NYSE:SLB) for 3,033 shares. Tide Point Capital Management Lp who had been investing in Tesla Mtrs Inc for a number of months, seems to be bullish on the $64.64B market cap company. Tightening the gaze, stock performance for the last 5 trading days is 3.67%.

Schlumberger N.V. had a return on equity of 3.80% and a net margin of 0.62%.

Schlumberger N.V. (NYSE:SLB) previously disclosed its fiscal periodic earnings information on early Fri, Jul 21st. Moreover, Curbstone Fincl Mgmt Corporation has 0.8% invested in Schlumberger Limited. The firm had revenue of $7.46 billion for the quarter, compared to the consensus estimate of $7.25 billion.

Schlumberger N.V. (SLB) now the company's industry has 12.62 P/E and the sector P/E is 16.21.

On a similar note, analysts expect EPS of -$0.15 in September 2017 quarter and -$0.11 in December 2017 quarter, representing -11.76% and -31.25% growth, respectively. The current consensus recommendation provided by covering analysts is 2.10. Ifc Hldgs Inc Fl stated it has 6,501 shares or 0.05% of all its holdings. The ex-dividend date is Monday, February 13th. Schlumberger N.V. The firm had revenue of $7.11 billion for the quarter. Farmers & Merchants Investments Inc. now owns 27,764 shares of the oil and gas company's stock worth $2,168,000 after purchasing an additional 2,759 shares during the last quarter. If the published price targets set by WPX Energy, Inc. analysts have any power to influence the stock's share price, the highest price target set for WPX is $22. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Michael E. Marks purchased 8,000 shares of Schlumberger N.V. stock in a transaction dated Friday, August 11th. The stock was sold at an average price of $81.54, for a total transaction of $407,700.00. The disclosure for this sale can be found here.

Schlumberger Limited (SLB) surprised the stock market in its last reported earnings when it earned $0.35 a piece versus the consensus-estimated $0.3.

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Schlumberger Limited has a consensus outperform rating from 35 Wall Street analysts, and the number of shares now sold short amount to at least 1.56% of shares outstanding. Wall Street is only getting more bullish on the stock, with 25 of analysts who cover SLB having a buy-equivalent rating. Wells Fargo & Company reissued an "outperform" rating on shares of Schlumberger a research note on Monday, July 10th. The company has a consensus rating of "Buy" and an average target price of $85.80. Sanford C. Bernstein upgraded Schlumberger N.V. from a "market perform" rating to an "outperform" rating and lowered their price objective for the company from $94.00 to $80.00 in a research note on Thursday, July 6th. They noted that the move was a valuation call. Two Brokerage firms have recommended the share with a sell recommendation, eight has issued a hold recommendation, twenty have issued a buy recommendation and two have published a strong buy recommendation to the share. Point View Wealth Management Inc. now owns 2,574 shares of the oil and gas company's stock valued at $201,000 after buying an additional 160 shares during the period.

Schlumberger N.V.'s payout ratio is 1,538.58%. The Company's divisions include Reservoir Characterization Group, Drilling Group, Production Group and Cameron Group.

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