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As Schlumberger LTD (SLB) Valuation Declined, Ngam Advisors LP Raised Stake by $2.50 Million; As Honeywell Intl (HON) Share Price Declined, Mechanics Bank Trust Department Has Trimmed Its Stake

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Ngam Advisors Lp increased its stake in Schlumberger Ltd (SLB) by 2.98% based on its latest 2017Q4 regulatory filing with the SEC. Ngam Advisors Lp bought 37,323 shares as the company’s stock declined 4.39% with the market. The institutional investor held 1.29 million shares of the oilfield services and equipment company at the end of 2017Q4, valued at $87.01 million, up from 1.25 million at the end of the previous reported quarter. Ngam Advisors Lp who had been investing in Schlumberger Ltd for a number of months, seems to be bullish on the $102.90B market cap company. The stock decreased 0.19% or $0.14 during the last trading session, reaching $74.29. About 5.72 million shares traded. Schlumberger Limited (NYSE:SLB) has declined 16.28% since May 21, 2017 and is downtrending. It has underperformed by 27.83% the S&P500.

Mechanics Bank Trust Department decreased its stake in Honeywell Intl Inc (HON) by 8.5% based on its latest 2017Q4 regulatory filing with the SEC. Mechanics Bank Trust Department sold 2,728 shares as the company’s stock declined 5.96% with the market. The institutional investor held 29,377 shares of the o.e.m. company at the end of 2017Q4, valued at $4.51 million, down from 32,105 at the end of the previous reported quarter. Mechanics Bank Trust Department who had been investing in Honeywell Intl Inc for a number of months, seems to be less bullish one the $110.80 billion market cap company. The stock increased 0.83% or $1.22 during the last trading session, reaching $148.34. About 2.95 million shares traded or 3.70% up from the average. Honeywell International Inc. (NYSE:HON) has risen 15.94% since May 21, 2017 and is uptrending. It has outperformed by 4.39% the S&P500.

More news for Schlumberger Limited (NYSE:SLB) were recently published by: Seekingalpha.com, which released: “Stay Away From Apple Component Players – Cramer’s Lightning Round (5/16/18)” on May 17, 2018. Seekingalpha.com‘s article titled: “Schlumberger Looks To Move Higher” and published on April 23, 2018 is yet another important article.

Investors sentiment decreased to 0.66 in Q4 2017. Its down 0.22, from 0.88 in 2017Q3. It dropped, 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. Ubs Asset Mgmt Americas reported 0.24% stake. Scharf Invests reported 2.25% of its portfolio in Schlumberger Limited (NYSE:SLB). Quantum Capital Mgmt has 4,764 shares for 0.08% of their portfolio. Woodstock owns 97,824 shares. Logan Cap Mgmt Incorporated has 0.12% invested in Schlumberger Limited (NYSE:SLB). Moreover, Savings Bank Of Nova Scotia has 0.07% invested in Schlumberger Limited (NYSE:SLB) for 217,268 shares. Sumitomo Life Insur accumulated 59,570 shares. Bollard Gp Limited invested in 0.05% or 16,150 shares. Wealthtrust Fairport Ltd Liability Com holds 0.28% or 40,535 shares. Blue Cap Inc, Rhode Island-based fund reported 4,996 shares. Old Second Bancorp Of Aurora has invested 0.09% of its portfolio in Schlumberger Limited (NYSE:SLB). Doheny Asset Ca reported 4,620 shares or 0.14% of all its holdings. Wellington Management Group Limited Liability Partnership invested 0.44% of its portfolio in Schlumberger Limited (NYSE:SLB). Charter Tru reported 15,916 shares stake. Planning Advisors Llc owns 14,170 shares.

Among 39 analysts covering Schlumberger Limited. (NYSE:SLB), 32 have Buy rating, 1 Sell and 6 Hold. Therefore 82% are positive. Schlumberger Limited. had 148 analyst reports since July 22, 2015 according to SRatingsIntel. On Friday, September 29 the stock rating was maintained by Jefferies with “Buy”. Cowen & Co maintained it with “Outperform” rating and $75 target in Monday, January 25 report. The stock of Schlumberger Limited (NYSE:SLB) earned “Buy” rating by Cowen & Co on Wednesday, August 30. The firm earned “Overweight” rating on Tuesday, April 19 by Morgan Stanley. The stock has “Buy” rating by Citigroup on Thursday, September 3. The rating was maintained by Susquehanna on Monday, January 22 with “Buy”. Jefferies maintained Schlumberger Limited (NYSE:SLB) on Monday, April 25 with “Hold” rating. The rating was maintained by Loop Capital on Thursday, October 26 with “Buy”. The firm has “Buy” rating given on Tuesday, November 15 by Jefferies. Goldman Sachs maintained the stock with “Buy” rating in Monday, April 4 report.

Ngam Advisors Lp, which manages about $16.78 billion and $9.82 billion US Long portfolio, decreased its stake in Nextera Energy Inc (NYSE:NEE) by 5,529 shares to 58,891 shares, valued at $9.20 million in 2017Q4, according to the filing. It also reduced its holding in Varian Med Sys Inc (NYSE:VAR) by 21,665 shares in the quarter, leaving it with 444,741 shares, and cut its stake in Cboe Global Markets In (NASDAQ:CBOE).

Since January 22, 2018, it had 3 insider buys, and 3 sales for $6.93 million activity. Shares for $1.96M were sold by Guild Howard. Jaramillo Claudia sold $218,049 worth of stock. $5.91 million worth of Schlumberger Limited (NYSE:SLB) was sold by AYAT SIMON. $192,900 worth of Schlumberger Limited (NYSE:SLB) was bought by Al Mogharbel Khaled. KIBSGAARD PAAL bought $646,800 worth of Schlumberger Limited (NYSE:SLB) on Monday, March 26.

Among 21 analysts covering Honeywell International Inc. (NYSE:HON), 17 have Buy rating, 0 Sell and 4 Hold. Therefore 81% are positive. Honeywell International Inc. had 97 analyst reports since July 30, 2015 according to SRatingsIntel. The company was maintained on Monday, April 18 by Barclays Capital. The company was maintained on Monday, November 16 by Barclays Capital. The stock of Honeywell International Inc. (NYSE:HON) has “Buy” rating given on Tuesday, August 8 by Cowen & Co. The stock of Honeywell International Inc. (NYSE:HON) earned “Buy” rating by Deutsche Bank on Tuesday, August 25. The firm has “Buy” rating given on Monday, July 17 by Cowen & Co. Oppenheimer maintained the stock with “Buy” rating in Monday, April 30 report. Credit Suisse maintained the shares of HON in report on Monday, October 23 with “Hold” rating. The rating was maintained by Jefferies on Thursday, December 14 with “Buy”. Robert W. Baird initiated the shares of HON in report on Thursday, October 6 with “Outperform” rating. The stock of Honeywell International Inc. (NYSE:HON) has “Buy” rating given on Thursday, January 21 by Citigroup.

Investors sentiment decreased to 1.11 in Q4 2017. Its down 0.03, from 1.14 in 2017Q3. It fall, as 42 investors sold HON shares while 490 reduced holdings. 154 funds opened positions while 439 raised stakes. 531.30 million shares or 5.59% less from 562.75 million shares in 2017Q3 were reported. Engineers Gate Manager Limited Partnership has 25,999 shares for 0.27% of their portfolio. Picton Mahoney Asset Mngmt has 71,375 shares. Marble Harbor Invest Counsel Ltd Company owns 1,958 shares. Hsbc Plc has 0.31% invested in Honeywell International Inc. (NYSE:HON). Metropolitan Life Ins owns 0.28% invested in Honeywell International Inc. (NYSE:HON) for 137,177 shares. Moreover, Beck Mack Oliver Limited Liability has 0.04% invested in Honeywell International Inc. (NYSE:HON). Bb&T Corp accumulated 221,545 shares or 0.63% of the stock. Franklin Street Advsr Inc Nc has invested 1.68% in Honeywell International Inc. (NYSE:HON). Walleye Trading Ltd Llc has invested 0.01% of its portfolio in Honeywell International Inc. (NYSE:HON). Contravisory Mgmt has 2.06% invested in Honeywell International Inc. (NYSE:HON). Scopus Asset Limited Partnership reported 0.51% of its portfolio in Honeywell International Inc. (NYSE:HON). Pillar Pacific Capital Mgmt Ltd owns 61,044 shares for 1.14% of their portfolio. Moreover, Basswood Cap Mgmt Limited Com has 1.16% invested in Honeywell International Inc. (NYSE:HON) for 163,150 shares. Rbf Capital Ltd Liability Corporation invested in 10,000 shares or 0.17% of the stock. Bailard reported 6,203 shares.

Mechanics Bank Trust Department, which manages about $442.54 million US Long portfolio, upped its stake in Procter And Gamble Co (NYSE:PG) by 3,781 shares to 45,070 shares, valued at $4.14 million in 2017Q4, according to the filing.

More news for Honeywell International Inc. (NYSE:HON) were recently published by: Forbes.com, which released: “How Did Honeywell Perform In Q1?” on April 23, 2018. Seekingalpha.com‘s article titled: “Honeywell’s Free Cash Flow Is Amazing” and published on April 23, 2018 is yet another important article.

Honeywell International Inc. (NYSE:HON) Institutional Positions Chart

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