As Disney Walt Co (DIS) Shares Declined, Holder Pinnacle Associates LTD Decreased Its Stake by $549,094; Institute For Wealth Management Lifted Its Schlumberger LTD (SLB) Holding by $1.14 Million; Stock Declined

January 13, 2018 - By Darrin Black

Institute For Wealth Management Llc increased its stake in Schlumberger Ltd (SLB) by 8245.5% based on its latest 2017Q3 regulatory filing with the SEC. Institute For Wealth Management Llc bought 16,491 shares as the company’s stock declined 11.04% while stock markets rallied. The institutional investor held 16,691 shares of the oilfield services and equipment company at the end of 2017Q3, valued at $1.16M, up from 200 at the end of the previous reported quarter. Institute For Wealth Management Llc who had been investing in Schlumberger Ltd for a number of months, seems to be bullish on the $108.01B market cap company. The stock increased 1.19% or $0.92 during the last trading session, reaching $77.97. About 9.21M shares traded or 1.33% up from the average. Schlumberger Limited (NYSE:SLB) has declined 3.30% since January 13, 2017 and is downtrending. It has underperformed by 20.00% the S&P500.

Pinnacle Associates Ltd decreased its stake in Disney Walt Co (DIS) by 4.59% based on its latest 2017Q3 regulatory filing with the SEC. Pinnacle Associates Ltd sold 5,603 shares as the company’s stock declined 2.31% while stock markets rallied. The institutional investor held 116,458 shares of the television services company at the end of 2017Q3, valued at $11.48 million, down from 122,061 at the end of the previous reported quarter. Pinnacle Associates Ltd who had been investing in Disney Walt Co for a number of months, seems to be less bullish one the $169.52 billion market cap company. The stock increased 1.33% or $1.48 during the last trading session, reaching $112.47. About 5.90 million shares traded. The Walt Disney Company (NYSE:DIS) has risen 9.26% since January 13, 2017 and is uptrending. It has underperformed by 7.44% the S&P500.

Among 38 analysts covering The Walt Disney Company (NYSE:DIS), 22 have Buy rating, 3 Sell and 13 Hold. Therefore 58% are positive. The Walt Disney Company had 145 analyst reports since July 24, 2015 according to SRatingsIntel. The rating was maintained by Jefferies with “Hold” on Monday, September 11. The firm has “Buy” rating by Goldman Sachs given on Tuesday, January 17. The stock has “Outperform” rating by Macquarie Research on Tuesday, September 1. As per Wednesday, August 16, the company rating was maintained by Loop Capital. The firm earned “Hold” rating on Monday, April 24 by Loop Capital. The rating was maintained by Guggenheim on Wednesday, August 5 with “Buy”. Argus Research maintained it with “Buy” rating and $10.55 target in Friday, August 7 report. On Friday, April 7 the stock rating was maintained by FBR Capital with “Mkt Perform”. The rating was initiated by Pivotal Research with “Hold” on Tuesday, October 20. Morgan Stanley maintained The Walt Disney Company (NYSE:DIS) on Thursday, July 14 with “Equalweight” rating.

Pinnacle Associates Ltd, which manages about $6.31B and $5.42 billion US Long portfolio, upped its stake in Ishares Inc (IEMG) by 86,610 shares to 202,820 shares, valued at $10.96 million in 2017Q3, according to the filing. It also increased its holding in Xpo Logistics Inc (NYSE:XPO) by 29,820 shares in the quarter, for a total of 40,945 shares, and has risen its stake in Xylem Inc (NYSE:XYL).

Analysts await The Walt Disney Company (NYSE:DIS) to report earnings on February, 6. They expect $1.59 EPS, up 2.58% or $0.04 from last year’s $1.55 per share. DIS’s profit will be $2.40 billion for 17.68 P/E if the $1.59 EPS becomes a reality. After $1.07 actual EPS reported by The Walt Disney Company for the previous quarter, Wall Street now forecasts 48.60% EPS growth.

Investors sentiment decreased to 0.89 in 2017 Q3. Its down 0.20, from 1.09 in 2017Q2. It fall, as 90 investors sold DIS shares while 649 reduced holdings. 95 funds opened positions while 563 raised stakes. 898.84 million shares or 2.35% less from 920.44 million shares in 2017Q2 were reported. Yorktown Mngmt & Rech Incorporated reported 10,700 shares. Pinnacle Wealth Mgmt Advisory Grp Inc Ltd Co invested in 0.42% or 7,366 shares. Parthenon Ltd Com owns 6,667 shares or 0.16% of their US portfolio. Gemmer Asset Management Ltd Liability has 1,660 shares. Moreover, Northstar has 0.87% invested in The Walt Disney Company (NYSE:DIS). Tarbox Family Office Incorporated owns 3,853 shares. 4,750 were reported by Gradient Invests. Cls Invests Ltd Liability invested in 112 shares or 0% of the stock. Ipg Invest Advisors Ltd Limited Liability Company accumulated 67,309 shares. L And S Advisors holds 0.09% of its portfolio in The Walt Disney Company (NYSE:DIS) for 5,679 shares. 60,367 were reported by Liberty Mutual Group Inc Asset Management Inc. Barclays Pcl accumulated 2.10 million shares or 0.21% of the stock. 8,386 are held by Miracle Mile Advsr Ltd Liability. Clifford Swan Inv Counsel Ltd Co invested in 161,157 shares. Fiera Corporation reported 438,131 shares stake.

Investors sentiment is 0.88 in 2017 Q3. Its the same as in 2017Q2. It is flat, as 69 investors sold SLB shares while 596 reduced holdings. only 105 funds opened positions while 481 raised stakes. 1.20 billion shares or 11.55% more from 1.07 billion shares in 2017Q2 were reported. M&R Management reported 24,761 shares. Cambridge Inc owns 18,333 shares for 0.49% of their portfolio. Pinnacle Wealth Mngmt Advisory Gp Ltd Com owns 3,461 shares for 0.14% of their portfolio. Lombard Odier Asset Management (Europe) Limited, a United Kingdom-based fund reported 24,321 shares. Loring Wolcott & Coolidge Fiduciary Advsrs Llp Ma has invested 0.03% in Schlumberger Limited (NYSE:SLB). Schroder Investment Mgmt Grp Inc, a Maine-based fund reported 2.07M shares. Cibc State Bank Usa invested 0.22% of its portfolio in Schlumberger Limited (NYSE:SLB). Ancora Advsr Lc has invested 0.23% in Schlumberger Limited (NYSE:SLB). Amalgamated Bancshares holds 0.35% or 159,716 shares. Sustainable Growth Advisers Ltd Partnership has 3.21M shares. Phocas Fincl Corp has invested 0% of its portfolio in Schlumberger Limited (NYSE:SLB). Ferguson Wellman Cap Mngmt owns 18,541 shares for 0.05% of their portfolio. Vigilant Cap Mgmt Ltd, a Maine-based fund reported 153,436 shares. Penn Davis Mcfarland has 171,666 shares. Kiltearn Ptnrs Ltd Liability Partnership invested in 1.58% or 775,500 shares.

Institute For Wealth Management Llc, which manages about $311.71M and $307.55 million US Long portfolio, decreased its stake in Vanguard Index Fds (VOT) by 2,597 shares to 9,920 shares, valued at $1.21 million in 2017Q3, according to the filing. It also reduced its holding in Vanguard World Fds (VHT) by 5,714 shares in the quarter, leaving it with 5,776 shares, and cut its stake in Select Sector Spdr Tr (XLY).

Since October 24, 2017, it had 0 insider buys, and 1 insider sale for $219,205 activity.

Among 35 analysts covering Schlumberger Limited. (NYSE:SLB), 27 have Buy rating, 1 Sell and 7 Hold. Therefore 77% are positive. Schlumberger Limited. had 127 analyst reports since July 22, 2015 according to SRatingsIntel. Atlantic Securities downgraded the shares of SLB in report on Tuesday, June 27 to “Neutral” rating. Jefferies maintained it with “Buy” rating and $99 target in Friday, April 7 report. The stock of Schlumberger Limited (NYSE:SLB) has “Hold” rating given on Wednesday, August 26 by Standpoint Research. Citigroup maintained Schlumberger Limited (NYSE:SLB) rating on Wednesday, March 23. Citigroup has “Buy” rating and $83 target. BMO Capital Markets maintained Schlumberger Limited (NYSE:SLB) rating on Wednesday, June 21. BMO Capital Markets has “Buy” rating and $8900 target. Citigroup maintained the stock with “Buy” rating in Wednesday, October 5 report. The firm earned “Buy” rating on Tuesday, August 16 by Nomura. The rating was maintained by Barclays Capital with “Equal Weight” on Monday, January 25. Tudor Pickering initiated the stock with “Buy” rating in Friday, March 24 report. As per Monday, March 28, the company rating was maintained by Barclays Capital.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>