Boston Family Office LLC lowered its place in shares of Schlumberger N.V. (NYSE:SLB) by 11.four% within the 2nd quarter, in response to its most up-to-date disclosure with the SEC. The fund owned 117,351 shares of the oil and fuel firm’s inventory after promoting 15,116 shares in the course of the interval. Boston Family Office LLC’s holdings in Schlumberger N.V. had been price $7,726,00zero as of its most up-to-date submitting with the SEC.
Several different institutional buyers have additionally lately added to or decreased their stakes in SLB. Tradewinds Capital Management LLC grew its place in shares of Schlumberger N.V. by 29.eight% in the course of the first quarter. Tradewinds Capital Management LLC now owns 1,338 shares of the oil and fuel firm’s inventory price $104,00zero after buying a further 307 shares over the past quarter. MCF Advisors LLC grew its place in shares of Schlumberger N.V. by 130.three% in the course of the first quarter. MCF Advisors LLC now owns 1,617 shares of the oil and fuel firm’s inventory price $126,00zero after buying a further 915 shares over the past quarter. Proficio Capital Partners LLC grew its place in shares of Schlumberger N.V. by 18.zero% in the course of the first quarter. Proficio Capital Partners LLC now owns 2,035 shares of the oil and fuel firm’s inventory price $145,00zero after buying a further 310 shares over the past quarter. Baystate Wealth Management LLC grew its place in shares of Schlumberger N.V. by 12.7% in the course of the second quarter. Baystate Wealth Management LLC now owns 2,707 shares of the oil and fuel firm’s inventory price $181,00zero after buying a further 305 shares over the past quarter. Finally, Rational Advisors LLC purchased a brand new place in shares of Schlumberger N.V. in the course of the second quarter price about $198,00zero. Institutional buyers and hedge funds personal 79.13% of the corporate’s inventory.
Shares of Schlumberger N.V. (NYSE:SLB) opened at $63.58 on Friday. The firm has a fast ratio of 1.20, a present ratio of 1.53 and a debt-to-equity ratio of zero.40. The inventory has a market cap of $88,074.96, a P/E ratio of 49.29, a PEG ratio of 1.94 and a beta of 1.02. Schlumberger N.V. has a 52-week low of $61.40 and a 52-week excessive of $87.84.
Schlumberger N.V. (NYSE:SLB) final posted its quarterly earnings outcomes on Friday, October 20th. The oil and fuel firm reported $zero.42 earnings per share (EPS) for the quarter, hitting badysts’ consensus estimates of $zero.42. The enterprise had income of $7.91 billion in the course of the quarter, in comparison with badyst estimates of $7.91 billion. Schlumberger N.V. had a web margin of 1.86% and a return on fairness of four.42%. The agency’s income was up 12.6% in comparison with the identical quarter final yr. During the identical interval within the prior yr, the agency earned $zero.25 earnings per share. badysis badysts anticipate that Schlumberger N.V. will submit 1.47 EPS for the present fiscal yr.
In different information, Director Tore I. Sandvold offered three,500 shares of the inventory in a transaction that occurred on Tuesday, October 24th. The shares had been offered at a mean worth of $62.63, for a complete worth of $219,205.00. Following the completion of the sale, the director now immediately owns 1,500 shares of the corporate’s inventory, valued at $93,945. The transaction was disclosed in a authorized submitting with the Securities & Exchange Commission, which is accessible by means of the SEC web site. Also, Director Michael E. Marks bought eight,00zero shares of Schlumberger N.V. inventory in a transaction dated Friday, August 11th. The inventory was purchased at a mean value of $64.20 per share, with a complete worth of $513,600.00. The disclosure for this buy might be discovered right here. zero.38% of the inventory is owned by company insiders.
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Several badysis corporations have lately commented on SLB. Zacks Investment Research lowered shares of Schlumberger N.V. from a “hold” ranking to a “sell” ranking in a badysis report on Wednesday. FBR & Co restated a “buy” ranking on shares of Schlumberger N.V. in a badysis report on Friday, October 20th. Piper Jaffray Companies set a $74.00 worth goal on shares of Schlumberger N.V. and gave the inventory a “buy” ranking in a badysis report on Saturday, October 21st. Sanford C. Bernstein restated an “outperform” ranking and set a $80.00 worth goal on shares of Schlumberger N.V. in a badysis report on Wednesday, September sixth. Finally, Credit Suisse Group set a $71.00 worth goal on shares of Schlumberger N.V. and gave the inventory a “buy” ranking in a badysis report on Monday, October 23rd. Two badysts have rated the inventory with a promote ranking, eight have given a maintain ranking, twenty-one have badigned a purchase ranking and two have given a robust purchase ranking to the corporate. The firm at the moment has a consensus ranking of “Buy” and a mean worth goal of $80.08.
About Schlumberger N.V.
Schlumberger N.V. supplies expertise for reservoir characterization, drilling, manufacturing and processing to the oil and fuel business. The Company’s segments embrace Reservoir Characterization Group, Drilling Group, Production Group and Cameron Group. The Reservoir Characterization Group consists of the principal applied sciences concerned to find and defining hydrocarbon sources.
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