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Schlumberger LTD (SLB) Stock Declined While Washington Trust Company Trimmed by $1.45 Million Its Stake; Helmerich & Payne (HP) Shareholder Greylin Investment Mangement Decreased Its Position

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Washington Trust Company decreased its stake in Schlumberger Ltd (SLB) by 10.04% based on its latest 2017Q4 regulatory filing with the SEC. Washington Trust Company sold 21,613 shares as the company’s stock declined 4.39% with the market. The institutional investor held 193,629 shares of the oilfield services and equipment company at the end of 2017Q4, valued at $13.05M, down from 215,242 at the end of the previous reported quarter. Washington Trust Company who had been investing in Schlumberger Ltd for a number of months, seems to be less bullish one the $95.02B market cap company. The stock decreased 3.68% or $2.62 during the last trading session, reaching $68.6. About 10.72 million shares traded or 53.33% up from the average. Schlumberger Limited (NYSE:SLB) has declined 16.28% since May 26, 2017 and is downtrending. It has underperformed by 27.83% the S&P500.

Greylin Investment Mangement Inc decreased its stake in Helmerich & Payne Inc (HP) by 13.87% based on its latest 2017Q4 regulatory filing with the SEC. Greylin Investment Mangement Inc sold 13,870 shares as the company’s stock rose 3.36% while stock markets declined. The institutional investor held 86,125 shares of the energy company at the end of 2017Q4, valued at $5.57M, down from 99,995 at the end of the previous reported quarter. Greylin Investment Mangement Inc who had been investing in Helmerich & Payne Inc for a number of months, seems to be less bullish one the $7.25 billion market cap company. The stock decreased 4.68% or $3.27 during the last trading session, reaching $66.56. About 1.65 million shares traded or 18.17% up from the average. Helmerich & Payne, Inc. (NYSE:HP) has risen 3.63% since May 26, 2017 and is uptrending. It has underperformed by 7.92% the S&P500.

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. Fayez Sarofim holds 0.03% or 54,337 shares. Arizona State Retirement Systems stated it has 380,920 shares or 0.25% of all its holdings. Sumitomo Mitsui Trust stated it has 3.98 million shares. White Pine Ltd stated it has 0.13% of its portfolio in Schlumberger Limited (NYSE:SLB). Veritas Investment Mgmt (Uk) Ltd owns 171,249 shares or 4.26% of their US portfolio. 10 reported 2.52% stake. Asset Advisors holds 0.06% of its portfolio in Schlumberger Limited (NYSE:SLB) for 5,500 shares. Altfest L J And reported 0.09% of its portfolio in Schlumberger Limited (NYSE:SLB). Sigma Invest Counselors owns 24,248 shares or 0.22% of their US portfolio. 73,343 were reported by Connors Investor Service Inc. Old Natl Bank In holds 0.07% or 19,200 shares in its portfolio. Ws Lllp reported 193,100 shares. The California-based Bender Robert & Associate has invested 0.15% in Schlumberger Limited (NYSE:SLB). Johnson Group Inc stated it has 5,955 shares or 0.05% of all its holdings. Greylin Investment Mangement accumulated 72,910 shares or 1.06% of the stock.

Analysts await Schlumberger Limited (NYSE:SLB) to report earnings on July, 20. They expect $0.46 earnings per share, up 31.43% or $0.11 from last year’s $0.35 per share. SLB’s profit will be $637.16 million for 37.28 P/E if the $0.46 EPS becomes a reality. After $0.38 actual earnings per share reported by Schlumberger Limited for the previous quarter, Wall Street now forecasts 21.05% EPS growth.

Among 39 analysts covering Schlumberger Limited. (NYSE:SLB), 32 have Buy rating, 1 Sell and 6 Hold. Therefore 82% are positive. Schlumberger Limited. had 149 analyst reports since July 22, 2015 according to SRatingsIntel. The stock of Schlumberger Limited (NYSE:SLB) earned “Mkt Perform” rating by Bernstein on Friday, December 2. The firm earned “Buy” rating on Thursday, January 11 by Cowen & Co. The stock has “Buy” rating by Citigroup on Wednesday, October 5. The firm earned “Neutral” rating on Tuesday, May 10 by Guggenheim. The rating was downgraded by Griffen Securities on Monday, April 25 to “Sell”. Argus Research maintained it with “Buy” rating and $112 target in Thursday, August 27 report. Cowen & Co maintained the stock with “Outperform” rating in Friday, October 16 report. Suntrust Robinson initiated Schlumberger Limited (NYSE:SLB) on Wednesday, January 18 with “Hold” rating. The stock of Schlumberger Limited (NYSE:SLB) earned “Buy” rating by BMO Capital Markets on Thursday, July 13. The firm earned “Buy” rating on Friday, October 6 by Cowen & Co.

Since January 22, 2018, it had 3 insider buys, and 3 selling transactions for $6.93 million activity. AYAT SIMON had sold 75,000 shares worth $5.91M on Wednesday, January 24. On Wednesday, March 28 the insider Al Mogharbel Khaled bought $192,900. Guild Howard sold $1.96M worth of stock. On Monday, March 26 KIBSGAARD PAAL bought $646,800 worth of Schlumberger Limited (NYSE:SLB) or 10,000 shares. $323,950 worth of Schlumberger Limited (NYSE:SLB) shares were bought by Schorn Patrick.

Washington Trust Company, which manages about $1.78 billion US Long portfolio, upped its stake in Cerner Corp (NASDAQ:CERN) by 5,476 shares to 329,219 shares, valued at $22.19M in 2017Q4, according to the filing. It also increased its holding in Wal (NYSE:WMT) by 69,372 shares in the quarter, for a total of 78,717 shares, and has risen its stake in Apple Inc (NASDAQ:AAPL).

Greylin Investment Mangement Inc, which manages about $435.83 million and $462.07M US Long portfolio, upped its stake in Teva Pharmaceutical Inds Ltd (NYSE:TEVA) by 20,680 shares to 250,545 shares, valued at $4.75M in 2017Q4, according to the filing. It also increased its holding in Gilead Sciences Inc (NASDAQ:GILD) by 23,060 shares in the quarter, for a total of 48,837 shares, and has risen its stake in Apache Corp (NYSE:APA).

More news for Helmerich & Payne, Inc. (NYSE:HP) were recently published by: Seekingalpha.com, which released: “Market Loves Turnaround Stories – Cramer’s Mad Money (5/23/18)” on May 24, 2018. Investorplace.com‘s article titled: “7 ‘Blue-Chip Stocks’ That Aren’t Blue Chips at All” and published on May 21, 2018 is yet another important article.

Analysts await Helmerich & Payne, Inc. (NYSE:HP) to report earnings on July, 26. They expect $0.03 EPS, up 116.67% or $0.21 from last year’s $-0.18 per share. HP’s profit will be $3.27 million for 554.67 P/E if the $0.03 EPS becomes a reality. After $-0.05 actual EPS reported by Helmerich & Payne, Inc. for the previous quarter, Wall Street now forecasts -160.00% EPS growth.

Since December 15, 2017, it had 0 insider buys, and 5 sales for $5.25 million activity. Shares for $147,679 were sold by MARSHALL CHAPMAN PAULA on Friday, December 15. Shares for $3.82M were sold by Tardio Juan Pablo.

Among 37 analysts covering Helmerich & Payne (NYSE:HP), 10 have Buy rating, 7 Sell and 20 Hold. Therefore 27% are positive. Helmerich & Payne had 136 analyst reports since August 3, 2015 according to SRatingsIntel. The stock has “Buy” rating by Societe Generale on Monday, January 29. The rating was initiated by SunTrust on Wednesday, January 18 with “Buy”. Bank of America initiated the shares of HP in report on Monday, June 13 with “Buy” rating. The firm has “Buy” rating given on Tuesday, September 15 by UBS. Cowen & Co maintained the shares of HP in report on Thursday, September 14 with “Hold” rating. Howard Weil upgraded the shares of HP in report on Thursday, October 8 to “Sector Outperform” rating. Tudor Pickering upgraded the stock to “Buy” rating in Thursday, December 21 report. The stock has “Neutral” rating by B. Riley & Co on Monday, April 30. The stock has “Underweight” rating by Morgan Stanley on Wednesday, April 11. The rating was maintained by RBC Capital Markets on Friday, January 12 with “Hold”.

Investors sentiment is 0.96 in Q4 2017. Its the same as in 2017Q3. It has no change, as 38 investors sold HP shares while 158 reduced holdings. only 65 funds opened positions while 123 raised stakes. 112.80 million shares or 0.53% more from 112.20 million shares in 2017Q3 were reported. Tarbox Family Office has 84 shares. Nomura Holdings invested 0% in Helmerich & Payne, Inc. (NYSE:HP). Canada Pension Plan Board reported 0% of its portfolio in Helmerich & Payne, Inc. (NYSE:HP). Td Cap Management Limited Liability Co stated it has 0% in Helmerich & Payne, Inc. (NYSE:HP). Cornerstone Advsr Incorporated has 0.01% invested in Helmerich & Payne, Inc. (NYSE:HP) for 168 shares. Korea Inv reported 0.02% in Helmerich & Payne, Inc. (NYSE:HP). Cap Fincl Advisers Limited Liability Company accumulated 7,360 shares. Conning Incorporated holds 0.05% or 24,748 shares in its portfolio. Koch Industrial Incorporated holds 0.06% or 5,852 shares. Reliance Trust Of Delaware accumulated 4,209 shares or 0.04% of the stock. Da Davidson holds 6,305 shares. Glenmede Trust Na invested in 3,311 shares. 180 are owned by Harding Loevner L P. 14,300 are held by Andra Ap. Bridgecreek Inv Mgmt Ltd Liability invested 1.05% of its portfolio in Helmerich & Payne, Inc. (NYSE:HP).

Helmerich & Payne, Inc. (NYSE:HP) Institutional Positions Chart

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