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Bluemar Capital Management Lifted Its Zions Bancorporation (ZION) Position by $366,288; Ipswich Investment Management Co Lowered Its Stake in Schlumberger LTD (SLB) by $1.40 Million

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David Rodriguez increased its stake in Zions Bancorporation (ZION) by 8.33% based on its latest 2018Q1 regulatory filing with the SEC. Bluemar Capital Management Llc bought 7,044 shares as the company’s stock rose 1.35% while stock markets declined. The hedge fund run by David Rodriguez held 91,582 shares of the major banks company at the end of 2018Q1, valued at $4.83M, up from 84,538 at the end of the previous reported quarter. Bluemar Capital Management Llc who had been investing in Zions Bancorporation for a number of months, seems to be bullish on the $10.90B market cap company. The stock decreased 0.31% or $0.17 during the last trading session, reaching $55.28. About 1.83M shares traded. Zions Bancorporation (NASDAQ:ZION) has risen 39.55% since June 17, 2017 and is uptrending. It has outperformed by 26.98% the S&P500. Some Historical ZION News: 23/04/2018 – Zions Bancorp: Tax Reform Reduced Tax Rate to 23% Vs. Mid-To-Low 30% Range; 10/05/2018 – Zions Banc Presenting at Barclays Conference May 15; 25/05/2018 – Zions Bancorporation Announces Annual Meeting Of Shareholders; 26/04/2018 – Zions Bancorporation Board Declares Dividends; 23/04/2018 – ZIONS BANCORP – TANGIBLE BOOK VALUE PER COMMON SHARE INCREASED TO $30.76 AT MARCH 31, 2018; 05/04/2018 – Government to Review Zions Bid to Shed ‘Systemically Important’ Tag; 23/04/2018 – Zions Bancorp 1Q Net $231M; 23/05/2018 – Zions Banc Presenting at Conference May 30; 23/04/2018 – ZIONS BANCORP QTRLY NET INTEREST INCOME WAS $542 MILLION, UP 11 PCT; 09/05/2018 – Zions Banc Presenting at Conference May 15

Ipswich Investment Management Co decreased its stake in Schlumberger Ltd (SLB) by 32.8% based on its latest 2018Q1 regulatory filing with the SEC. Ipswich Investment Management Co sold 21,930 shares as the company’s stock rose 2.80% while stock markets declined. The institutional investor held 44,926 shares of the oilfield services and equipment company at the end of 2018Q1, valued at $2.91 million, down from 66,856 at the end of the previous reported quarter. Ipswich Investment Management Co who had been investing in Schlumberger Ltd for a number of months, seems to be less bullish one the $92.57B market cap company. The stock decreased 2.20% or $1.5 during the last trading session, reaching $66.83. About 15.09 million shares traded or 110.16% up from the average. Schlumberger Limited (NYSE:SLB) has declined 1.14% since June 17, 2017 and is downtrending. It has underperformed by 13.71% the S&P500.

Bluemar Capital Management Llc, which manages about $314.00 million and $231.31M US Long portfolio, decreased its stake in Xpo Logistics Inc (NYSE:XPO) by 17,100 shares to 28,000 shares, valued at $2.85M in 2018Q1, according to the filing. It also reduced its holding in Schwab Charles Corp New (NYSE:SCHW) by 19,800 shares in the quarter, leaving it with 57,050 shares, and cut its stake in Newmark Group Inc.

Since January 31, 2018, it had 0 insider buys, and 18 selling transactions for $6.01 million activity. $648,082 worth of Zions Bancorporation (NASDAQ:ZION) shares were sold by MCLEAN SCOTT J. $56,837 worth of Zions Bancorporation (NASDAQ:ZION) shares were sold by BLACKFORD DAVID E. The insider STEPHENS STEVEN DAN sold 7,100 shares worth $389,577. James Dianne R sold $81,375 worth of stock. Morris Michael sold $551,754 worth of Zions Bancorporation (NASDAQ:ZION) on Thursday, April 26. Maio Keith D had sold 9,987 shares worth $554,668 on Friday, April 27.

Investors sentiment decreased to 0.93 in Q1 2018. Its down 0.14, from 1.07 in 2017Q4. It is negative, as 37 investors sold ZION shares while 165 reduced holdings. 66 funds opened positions while 122 raised stakes. 179.96 million shares or 1.09% less from 181.93 million shares in 2017Q4 were reported. Stifel Fincl Corp holds 0.01% or 49,279 shares. Contravisory Mngmt invested 0.14% in Zions Bancorporation (NASDAQ:ZION). Advantus Inc holds 0.03% or 19,660 shares in its portfolio. Cambridge Investment Rech Advsr has invested 0.01% in Zions Bancorporation (NASDAQ:ZION). Tokio Marine Asset Mngmt Co Limited invested in 18,300 shares or 0.17% of the stock. New Mexico Educational Retirement Board accumulated 19,022 shares. 1.68M are held by Lsv Asset. Whittier Tru reported 0% in Zions Bancorporation (NASDAQ:ZION). Old Mutual Customised Solutions (Proprietary) Ltd invested in 8,100 shares or 0.04% of the stock. 5,100 are held by Fj Cap Management Ltd Liability Corp. Basswood Management Limited Liability Company has invested 0.81% in Zions Bancorporation (NASDAQ:ZION). Mackay Shields invested 0.01% of its portfolio in Zions Bancorporation (NASDAQ:ZION). Citigroup reported 53,771 shares stake. Southport Ltd Com has invested 3.94% of its portfolio in Zions Bancorporation (NASDAQ:ZION). Mutual Of America Cap Lc owns 50,401 shares for 0.04% of their portfolio.

More recent Zions Bancorporation (NASDAQ:ZION) news were published by: Prnewswire.com which released: “California Bank & Trust Receives Sixteen Greenwich Excellence Awards For 2017” on June 15, 2018. Also Fool.com published the news titled: “3 Top Bank Stocks to Buy in June” on June 06, 2018. Nasdaq.com‘s news article titled: “Factors of Influence in 2018, Key Indicators and Opportunity within Jabil, Gladstone Investment, Spero Therapeutics …” with publication date: June 11, 2018 was also an interesting one.

Among 32 analysts covering Zions Bancorporation (NASDAQ:ZION), 19 have Buy rating, 1 Sell and 12 Hold. Therefore 59% are positive. Zions Bancorporation had 144 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Buy” rating by Keefe Bruyette & Woods given on Monday, February 26. The rating was maintained by FBR Capital on Monday, March 5 with “Buy”. On Thursday, June 8 the stock rating was maintained by Jefferies with “Buy”. The firm has “Buy” rating by Sandler O’Neill given on Tuesday, April 24. As per Monday, April 23, the company rating was maintained by RBC Capital Markets. Barclays Capital maintained the stock with “Buy” rating in Tuesday, January 2 report. The rating was maintained by UBS on Tuesday, April 26 with “Sell”. FBR Capital upgraded the shares of ZION in report on Tuesday, December 20 to “Outperform” rating. Jefferies maintained the stock with “Buy” rating in Monday, January 8 report. The rating was upgraded by Goldman Sachs to “Buy” on Wednesday, September 16.

Since January 22, 2018, it had 3 insider purchases, and 3 insider sales for $6.93 million activity. $1.96M worth of Schlumberger Limited (NYSE:SLB) was sold by Guild Howard on Monday, January 22. 3,000 Schlumberger Limited (NYSE:SLB) shares with value of $218,049 were sold by Jaramillo Claudia. AYAT SIMON sold $5.91 million worth of stock. Schorn Patrick bought 5,000 shares worth $323,950. Another trade for 3,000 shares valued at $192,900 was bought by Al Mogharbel Khaled.

Ipswich Investment Management Co, which manages about $377.16M and $237.05M US Long portfolio, upped its stake in Crispr Therapeutics Ag by 8,818 shares to 57,075 shares, valued at $2.61M in 2018Q1, according to the filing.

Investors sentiment increased to 1.2 in 2018 Q1. Its up 0.54, from 0.66 in 2017Q4. It improved, as 60 investors sold SLB shares while 488 reduced holdings. 111 funds opened positions while 548 raised stakes. 1.04 billion shares or 1.22% less from 1.05 billion shares in 2017Q4 were reported. Institute For Wealth Mngmt Ltd Liability holds 17,883 shares. Godshalk Welsh Cap Incorporated stated it has 0.39% in Schlumberger Limited (NYSE:SLB). Leavell Mgmt owns 10,493 shares. Excalibur Mngmt Corporation owns 3,480 shares for 0.18% of their portfolio. Cohen Steers has 0.08% invested in Schlumberger Limited (NYSE:SLB). Violich Cap accumulated 1.19% or 68,627 shares. 77 were reported by Limited Limited Liability Co. Co Of Toledo Na Oh owns 0.76% invested in Schlumberger Limited (NYSE:SLB) for 44,721 shares. The Virginia-based Dixon Hubard Feinour Brown Va has invested 0.1% in Schlumberger Limited (NYSE:SLB). Wellcome Limited (The) As Trustee Of The Wellcome reported 2.50 million shares stake. Washington Capital reported 1.72% of its portfolio in Schlumberger Limited (NYSE:SLB). Blume Capital Mgmt holds 4.24% of its portfolio in Schlumberger Limited (NYSE:SLB) for 117,661 shares. Estabrook Capital accumulated 132,673 shares. Curbstone Fincl holds 0.52% of its portfolio in Schlumberger Limited (NYSE:SLB) for 28,482 shares. Moreover, Syntal Cap Ltd Liability Corporation has 0.07% invested in Schlumberger Limited (NYSE:SLB) for 3,134 shares.

More recent Schlumberger Limited (NYSE:SLB) news were published by: Forbes.com which released: “Why Schlumberger’s Stock Continues To Underperform” on May 29, 2018. Also Fool.com published the news titled: “3 Oil Market Myths Schlumberger’s Management Wants to Dispel” on June 12, 2018. Finance.Yahoo.com‘s news article titled: “Should Income Investors Buy Schlumberger Limited (NYSE:SLB) Before Its Ex-Dividend?” with publication date: June 02, 2018 was also an interesting one.

Analysts await Schlumberger Limited (NYSE:SLB) to report earnings on July, 20 before the open. 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 $637.16M for 36.32 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.

Schlumberger Limited (NYSE:SLB) Institutional Positions Chart

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