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Smith Salley & Associates Increases Stake in Schlumberger LTD (SLB); Doheny Asset Management Maintains Stake in Amazon Com (AMZN)

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Doheny Asset Management increased its stake in Amazon Com Inc (AMZN) by 98.02% based on its latest 2018Q1 regulatory filing with the SEC. Doheny Asset Management bought 396 shares as the company’s stock rose 5.80% while stock markets declined. The institutional investor held 800 shares of the consumer services company at the end of 2018Q1, valued at $1.16M, up from 404 at the end of the previous reported quarter. Doheny Asset Management who had been investing in Amazon Com Inc for a number of months, seems to be bullish on the $829.48 billion market cap company. The stock decreased 0.38% or $6.51 during the last trading session, reaching $1709.46. About 276,615 shares traded. Amazon.com, Inc. (NASDAQ:AMZN) has risen 62.09% since June 18, 2017 and is uptrending. It has outperformed by 49.52% the S&P500. Some Historical AMZN News: 03/04/2018 – Trump jabs Amazon for a fourth time in a week, saying the post office loses billions serving retailer; 09/05/2018 – Walmart buys 77% of Flipkart as war with Amazon heats up in India; 04/04/2018 – MEDIA-India’s Flipkart dialled Amazon after Walmart revived deal talks – Mint; 25/05/2018 – @jimcramer is not a fan of Amazon’s Alexa potentially spying on users; 22/03/2018 – Sixth Continent Integrates Amazon Pay; 05/03/2018 – New York Post: Amazon Is Filming Its First Spanish-Language Original Series, Soccer Documentary `Six Dreams’; 09/05/2018 – Amazon rolls out model ‘smart’ homes for U.S. shoppers to try out Alexa; 22/05/2018 – US News: Chile’s President Pinera to Meet VP Amazon Web Services; 11/05/2018 – Infowars: Google Parent Company, Walmart Both Invest in “India’s Amazon”; 30/05/2018 – AMAZON.COM INC SHAREHOLDERS RE-ELECT ALL NINE NOMINEES TO BOARD OF DIRECTORS – COMPANY SPOKESMAN

Smith Salley & Associates increased its stake in Schlumberger Ltd (SLB) by 58.62% based on its latest 2018Q1 regulatory filing with the SEC. Smith Salley & Associates bought 39,342 shares as the company’s stock rose 2.80% while stock markets declined. The institutional investor held 106,455 shares of the oilfield services and equipment company at the end of 2018Q1, valued at $6.90M, up from 67,113 at the end of the previous reported quarter. Smith Salley & Associates who had been investing in Schlumberger Ltd for a number of months, seems to be bullish on the $92.50 billion market cap company. The stock decreased 0.07% or $0.05 during the last trading session, reaching $66.78. About 459,576 shares traded. Schlumberger Limited (NYSE:SLB) has declined 1.14% since June 18, 2017 and is downtrending. It has underperformed by 13.71% the S&P500. Some Historical SLB News: 20/04/2018 – SCHLUMBERGER – PRODUCTION CHALLENGES IN US SHALE EMERGING THAT ARE LINKED TO POTENTIAL LOWER PRODUCTION OF STEP-OUT DRILLING FROM TIER 1 ACREAGE; 12/04/2018 – RUSSIAN WATCHDOG: TALKS ONGOING W/ SCHLUMBERGER ON EDCL DEAL; 31/05/2018 – OPHIR ENERGY PLC – FOLLOWING ANNOUNCEMENT RE. ONELNG, CO FORMALISED DISCUSSIONS AND ARE ACTIVELY MOVING FORWARD WITH THEM; 16/05/2018 – SCL: Schlumberger Limited: Half-year Report; 29/05/2018 – Schlumberger Closes Below 50-Day Moving Average: Technicals; 28/04/2018 – RUSSIA PRELIMINARY APPROVES PURCHASE OF UP TO 49 PCT STAKE IN EDC BY SCHLUMBERGER – RIA; 20/04/2018 – SCHLUMBERGER 1Q REV. $7.8B, EST. $7.81B; 21/05/2018 – Schlumberger at UBS Global Oil & Gas Conference Tomorrow; 04/05/2018 – Sri Lanka to sign deals with Total, Schlumberger for seismic study; 20/04/2018 – Schlumberger profit barely tops Street, says oil market balanced

Among 39 analysts covering Schlumberger Limited. (NYSE:SLB), 32 have Buy rating, 1 Sell and 6 Hold. Therefore 82% are positive. Schlumberger Limited. had 150 analyst reports since July 22, 2015 according to SRatingsIntel. RBC Capital Markets maintained it with “Buy” rating and $70.0 target in Friday, October 13 report. Jefferies maintained the stock with “Buy” rating in Wednesday, April 4 report. The firm has “Buy” rating by Cowen & Co given on Friday, July 7. The stock has “Buy” rating by Jefferies on Tuesday, November 15. The firm has “Buy” rating given on Wednesday, October 5 by Citigroup. Barclays Capital maintained it with “Equal-Weight” rating and $83 target in Monday, March 28 report. Morgan Stanley maintained Schlumberger Limited (NYSE:SLB) rating on Tuesday, April 19. Morgan Stanley has “Overweight” rating and $105 target. The firm has “Neutral” rating given on Tuesday, June 27 by Atlantic Securities. BMO Capital Markets maintained Schlumberger Limited (NYSE:SLB) on Friday, September 4 with “Outperform” rating. The rating was maintained by Wells Fargo with “Buy” on Friday, October 20.

Investors sentiment increased to 1.2 in Q1 2018. Its up 0.54, from 0.66 in 2017Q4. It is positive, 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. Loeb Partners has 55,396 shares. Godshalk Welsh Mngmt has invested 0.39% in Schlumberger Limited (NYSE:SLB). Millennium Mgmt Lc holds 0% or 11,092 shares in its portfolio. Moreover, Baldwin Brothers Ma has 0.04% invested in Schlumberger Limited (NYSE:SLB). Wellington Mngmt Grp Limited Liability Partnership owns 26.98 million shares. Pictet Asset Mngmt Ltd owns 780,295 shares. Trexquant Inv Lp reported 45,386 shares. Fulton Bancshares Na stated it has 0.02% of its portfolio in Schlumberger Limited (NYSE:SLB). Weik Cap Mngmt invested in 0.12% or 3,700 shares. First Fin Fincl Bank invested 0.54% in Schlumberger Limited (NYSE:SLB). Moreover, Trust Co Of Oklahoma has 0% invested in Schlumberger Limited (NYSE:SLB) for 9,364 shares. Stack Financial reported 395,863 shares or 3.03% of all its holdings. Signaturefd Lc reported 4,386 shares or 0.03% of all its holdings. Bedrijfstakpensioenfonds Voor De Media Pno has invested 1.35% of its portfolio in Schlumberger Limited (NYSE:SLB). Wellcome Trust Ltd (The) As Trustee Of The Wellcome Trust has invested 2.44% in Schlumberger Limited (NYSE:SLB).

More recent Schlumberger Limited (NYSE:SLB) news were published by: Seekingalpha.com which released: “Equinor awards $3.7B in deals to Baker Hughes, Halliburton, Schulumberger” on June 18, 2018. Also Forbes.com published the news titled: “Why Schlumberger’s Stock Continues To Underperform” on May 29, 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.

Smith Salley & Associates, which manages about $331.94M and $557.83 million US Long portfolio, decreased its stake in Verizon Communications Inc (NYSE:VZ) by 49,538 shares to 14,875 shares, valued at $712,000 in 2018Q1, according to the filing. It also reduced its holding in Intel Corp (NASDAQ:INTC) by 73,045 shares in the quarter, leaving it with 4,698 shares, and cut its stake in Mastercard Incorporated (NYSE:MA).

Since January 22, 2018, it had 3 insider buys, and 3 insider sales for $6.93 million activity. The insider Guild Howard sold $1.96M. Shares for $646,800 were bought by KIBSGAARD PAAL on Monday, March 26. 75,000 Schlumberger Limited (NYSE:SLB) shares with value of $5.91M were sold by AYAT SIMON. $192,900 worth of Schlumberger Limited (NYSE:SLB) was bought by Al Mogharbel Khaled. The insider Jaramillo Claudia sold $218,049.

Among 55 analysts covering Amazon.com (NASDAQ:AMZN), 52 have Buy rating, 0 Sell and 3 Hold. Therefore 95% are positive. Amazon.com had 305 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Goldman Sachs on Friday, April 29 with “Buy”. Stifel Nicolaus maintained it with “Buy” rating and $1313 target in Friday, October 27 report. The firm earned “Buy” rating on Friday, October 27 by Loop Capital. Piper Jaffray maintained the stock with “Buy” rating in Wednesday, October 11 report. The firm earned “Buy” rating on Friday, April 29 by Axiom Capital. The firm earned “Outperform” rating on Friday, October 27 by Raymond James. Piper Jaffray maintained Amazon.com, Inc. (NASDAQ:AMZN) on Friday, October 23 with “Overweight” rating. On Tuesday, August 15 the stock rating was maintained by Robert W. Baird with “Buy”. RBC Capital Markets maintained Amazon.com, Inc. (NASDAQ:AMZN) on Friday, January 29 with “Outperform” rating. Robert W. Baird maintained it with “Buy” rating and $710 target in Friday, October 23 report.

More notable recent Amazon.com, Inc. (NASDAQ:AMZN) news were published by: Benzinga.com which released: “Where Is Amazon Investing In Fintech?” on June 10, 2018, also Seekingalpha.com with their article: “Microsoft takes aim at Amazon Go” published on June 14, 2018, Seekingalpha.com published: “Amazon’s Cloud Strength Continues” on May 31, 2018. More interesting news about Amazon.com, Inc. (NASDAQ:AMZN) were released by: Nasdaq.com and their article: “How to Use Amazon to Grow Your Sales” published on June 17, 2018 as well as Seekingalpha.com‘s news article titled: “Amazon makes a beauty move in Brazil” with publication date: June 14, 2018.

Since February 15, 2018, it had 0 insider purchases, and 21 selling transactions for $63.19 million activity. $2.17 million worth of Amazon.com, Inc. (NASDAQ:AMZN) was sold by STONESIFER PATRICIA Q on Wednesday, May 2. 2,333 shares were sold by Olsavsky Brian T, worth $3.42M. 2,285 shares were sold by ALBERG TOM A, worth $3.35 million on Thursday, February 15. Blackburn Jeffrey M sold $3.23M worth of stock or 2,054 shares. $2.72 million worth of Amazon.com, Inc. (NASDAQ:AMZN) shares were sold by Jassy Andrew R. Reynolds Shelley also sold $795,502 worth of Amazon.com, Inc. (NASDAQ:AMZN) shares.

Investors sentiment decreased to 1.08 in 2018 Q1. Its down 0.21, from 1.29 in 2017Q4. It worsened, as 73 investors sold AMZN shares while 659 reduced holdings. 173 funds opened positions while 614 raised stakes. 266.38 million shares or 4.87% less from 280.02 million shares in 2017Q4 were reported. Oregon Employees Retirement Fund invested in 0.94% or 43,167 shares. C M Bidwell & reported 0.54% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Eads And Heald Counsel owns 2,041 shares. Carroll Financial Assoc Inc accumulated 0.16% or 1,023 shares. Reliance Trust Of Delaware accumulated 1,821 shares. Brighton Jones Llc holds 82,018 shares. 22,039 are owned by Impax Asset Limited Liability Corporation. Berson And Corrado Invest Limited Liability holds 0.68% or 782 shares. Moreover, Brick Kyle Associate has 4.83% invested in Amazon.com, Inc. (NASDAQ:AMZN) for 4,133 shares. Bb&T Corporation reported 23,984 shares. 8,513 were accumulated by Eagle Glob Advsr Limited Liability. London Company Of Virginia invested in 320 shares or 0% of the stock. Miles Cap invested 0.63% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Captrust Fincl Advsr stated it has 5,128 shares. Windward Capital Mgmt Company Ca has invested 6% in Amazon.com, Inc. (NASDAQ:AMZN).

Doheny Asset Management, which manages about $245.55M and $190.49 million US Long portfolio, decreased its stake in Celgene Corp (NASDAQ:CELG) by 4,365 shares to 24,230 shares, valued at $2.16 million in 2018Q1, according to the filing. It also reduced its holding in Energous Corp (NASDAQ:WATT) by 216,050 shares in the quarter, leaving it with 534,725 shares, and cut its stake in New Residential Inve Reit (NYSE:NRZ).

Schlumberger Limited (NYSE:SLB) Institutional Positions Chart

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