JP Morgan Chase & Co Lowers Schlumberger NV (SLB) Price Target to $76.00

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12 September, 2017

Swiss National Bank now owns 5,241,535 shares of the oil and gas company's stock worth $409,364,000 after acquiring an additional 1,075,000 shares during the period. The hedge fund run by Jim Chanos held 35,930 shares of the oilfield services and equipment company at the end of 2016Q4, valued at $3.02M, down from 41,526 at the end of the previous reported quarter. Calpine Corp now has $5.29B valuation. The stock grabbed 93 new institutional investments totaling 8,533,534 shares while 132 institutional investors sold out their entire positions totaling 14,262,335 shares. About 3.18M shares traded. (NASDAQ:EHTH). Wells Fargo Company Mn stated it has 0% of its portfolio in eHealth, Inc.

Beech Hill Advisors Inc increased Schlumberger Ltd (SLB) stake by 716.4% reported in 2016Q4 SEC filing. Sva Plumb Wealth Management Llc acquired 4,207 shares as Schlumberger Ltd Com (SLB)'s stock declined 11.04%. Cullen Frost Bankers Inc. now owns 538,778 shares of the company's stock worth $42,606,000 after buying an additional 9,439 shares in the last quarter. Schlumberger N.V. The company has a market capitalization of $92.15 billion, a PE ratio of 524.09 and a beta of 1.03. The stock rose 0.15% or $0.1 reaching $65.87. About 2.87 million shares traded. It has underperformed by 20.00% the S&P500.

Since May 30, 2017, it had 1 insider purchase, and 2 selling transactions for $2.87 million activity. (NASDAQ:EHTH) has risen 26.30% since September 12, 2016 and is uptrending. Analysts expect that Schlumberger N.V. will post $1.51 earnings per share for the current fiscal year. Therefore 79% are positive. LyondellBasell had 47 analyst reports since September 1, 2015 according to SRatingsIntel. The third largest holder is Blackrock Inc., which now holds $5.54 billion worth of this stock and that ownership represents almost 5.99% of its market capitalization. (NYSE:SLB) for 562,336 shares. BMO Capital Markets has "Buy" rating and $7400 target. The rating was upgraded by HSBC to "Buy" on Tuesday, July 25. Jefferies maintained Nucor Corporation (NYSE:NUE) on Monday, June 26 with "Buy" rating. Standpoint Research upgraded Schlumberger Limited. (NYSE:SLB) rating on Wednesday, August 26. The count of Hold ratings in that period was 9. (NYSE:SLB) on Monday, June 12. The firm earned "Buy" rating on Tuesday, December 6 by Berenberg. Bank of America Corporation reduced their target price on shares of Schlumberger N.V. from $70.00 to $69.00 and set a "neutral" rating for the company in a research report on Tuesday, May 30th. The rating was maintained by Credit Suisse with "Outperform" on Monday, April 4.

Several other large investors have also added to or reduced their stakes in SLB. It also upped Select Sector Spdr Consumer Di (XLY) stake by 36,388 shares and now owns 267,756 shares. T Rowe Price Group Inc (NASDAQ:TROW) was reduced too.

Investors sentiment decreased to 0.88 in Q4 2016. Its down 0.29, from 1.17 in 2016Q3. Massachusetts Fincl Communication Ma owns 21.71M shares. Of Virginia Va has 0.13% invested in Schlumberger Limited. Baker Ellis Asset Mgmt Ltd Liability Corporation stated it has 0.23% in Schlumberger Limited. Eagleclaw Managment Limited reported 22,925 shares or 1.21% of all its holdings. Winslow Evans Crocker invested 0% of its portfolio in Schlumberger Limited. Moreover, Violich Capital Mngmt has 1.27% invested in Schlumberger Limited. Floridia Aaron Gatt also sold $2.77 million worth of Schlumberger Limited. Following the sale, the executive vice president now owns 125,642 shares in the company, valued at $10,742,391. Counselors Incorporated holds 0.6% or 134,780 shares in its portfolio. Markston Limited Liability Corporation holds 85,410 shares. SunTrust upgraded Schlumberger Limited. (NYSE:SLB) last posted its quarterly earnings results on Friday, January 20th. Westover Capital Advisors Llc, a Delaware-based fund reported 104,323 shares.

Among 19 analysts covering LyondellBasell (NYSE:LYB), 7 have Buy rating, 3 Sell and 9 Hold. Therefore 71% are positive. eHealth had 14 analyst reports since July 30, 2015 according to SRatingsIntel. (NASDAQ:EHTH). Morgan Stanley reported 63,980 shares stake. Barrington Research has "Outperform" rating and $14 target. (NYSE:SLB) on Friday, May 5 with "Hold" rating. The firm has "Hold" rating given on Wednesday, April 20 by Standpoint Research. The firm has "Buy" rating by Jefferies given on Tuesday, November 15. Keefe Bruyette & Woods maintained WSFS Financial Corporation (NASDAQ:WSFS) on Thursday, July 27 with "Hold" rating. The firm has "Buy" rating by BMO Capital Markets given on Thursday, July 13. The firm earned "Underweight" rating on Monday, November 2 by Barclays Capital.

Investors sentiment decreased to 1.26 in 2016 Q4. Its down 0.01, from 0.01 in 2016Q3. Pittenger Anderson has 0% invested in Schlumberger Limited. 95 funds opened positions while 214 raised stakes. California-based California Public Employees Retirement has invested 0% in eHealth, Inc. Eulav Asset invested in 52,000 shares or 0.23% of the stock. Fiduciary Trust invested 0.11% of its portfolio in LyondellBasell Industries NV (NYSE:LYB). Citadel Lc holds 0% of its portfolio in Chase Corporation (NYSEMKT:CCF) for 3,123 shares. Ls Investment Advsr Ltd Com holds 1,341 shares. Sanford C. Bernstein restated an "outperform" rating and set a $80.00 price objective on shares of Schlumberger N.V.in a research report on Wednesday, September 6th. Wolverine Asset reported 0.03% stake. Waddell And Reed invested 0.04% in Tivity Health Inc (NASDAQ:TVTY). Columbia Asset has 0.05% invested in Nucor Corporation (NYSE:NUE). Deutsche Bank Ag reported 5,159 shares. Kennedy Management Incorporated, Missouri-based fund reported 89,722 shares. Shares for $77,680 were sold by England Mary Jane on Monday, April 3.


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