Schlumberger LTD (SLB) Holding Held by Skba Capital Management Llc; Foresite Capital Management Ii Has Lowered Its Holding in Dermira (DERM) by $2.07 Million as Market Value Declined

January 13, 2018 - By Peter Erickson

Jim Tanenbaum decreased its stake in Dermira Inc. (DERM) by 56.67% based on its latest 2017Q3 regulatory filing with the SEC. Foresite Capital Management Ii Llc sold 76,670 shares as the company’s stock declined 17.23% while stock markets rallied. The hedge fund run by Jim Tanenbaum held 58,624 shares of the health care company at the end of 2017Q3, valued at $1.58 million, down from 135,294 at the end of the previous reported quarter. Foresite Capital Management Ii Llc who had been investing in Dermira Inc. for a number of months, seems to be less bullish one the $1.14B market cap company. The stock increased 2.77% or $0.74 during the last trading session, reaching $27.44. About 1.06 million shares traded or 101.05% up from the average. Dermira, Inc. (NASDAQ:DERM) has declined 7.44% since January 13, 2017 and is downtrending. It has underperformed by 24.14% the S&P500.

Skba Capital Management Llc increased its stake in Schlumberger Ltd (SLB) by 34.63% based on its latest 2017Q3 regulatory filing with the SEC. Skba Capital Management Llc bought 46,300 shares as the company’s stock declined 11.04% while stock markets rallied. The institutional investor held 180,000 shares of the oilfield services and equipment company at the end of 2017Q3, valued at $12.56M, up from 133,700 at the end of the previous reported quarter. Skba Capital Management Llc who had been investing in Schlumberger Ltd for a number of months, seems to be bullish on the $108.01 billion market cap company. The stock increased 1.19% or $0.92 during the last trading session, reaching $77.97. About 9.21 million 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.

Since October 24, 2017, it had 0 insider buys, and 1 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. Jefferies maintained it with “Buy” rating and $80.0 target in Friday, August 25 report. KLR Group initiated it with “Buy” rating and $105.0 target in Monday, December 14 report. The company was initiated on Friday, March 24 by Tudor Pickering. The stock of Schlumberger Limited (NYSE:SLB) has “Buy” rating given on Thursday, July 13 by BMO Capital Markets. As per Wednesday, October 25, the company rating was maintained by Barclays Capital. The stock of Schlumberger Limited (NYSE:SLB) earned “Buy” rating by Cowen & Co on Wednesday, August 30. The company was maintained on Friday, October 6 by Cowen & Co. The firm has “Buy” rating given on Wednesday, September 30 by UBS. The firm earned “Buy” rating on Friday, April 21 by SunTrust. Jefferies maintained it with “Buy” rating and $99 target in Friday, April 7 report.

Skba Capital Management Llc, which manages about $958.13 million and $695.89 million US Long portfolio, decreased its stake in Occidental Pete Corp Del (NYSE:OXY) by 52,850 shares to 358,550 shares, valued at $23.02 million in 2017Q3, according to the filing. It also reduced its holding in Helmerich & Payne Inc (NYSE:HP) by 7,800 shares in the quarter, leaving it with 172,700 shares, and cut its stake in M & T Bk Corp (NYSE:MTB).

Investors sentiment is 0.88 in Q3 2017. Its the same as in 2017Q2. It has no change, 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. Sei Investments Co holds 0.19% or 775,435 shares in its portfolio. Boston Advsr Ltd Liability Company holds 13,688 shares. 1St Source State Bank invested 0.31% in Schlumberger Limited (NYSE:SLB). Jolley Asset Mgmt Ltd stated it has 2.21% in Schlumberger Limited (NYSE:SLB). Buckhead Cap Mgmt Lc owns 3,580 shares. Dc Advisors Limited invested in 200,000 shares. Macnealy Hoover Invest Management Incorporated, Ohio-based fund reported 34,485 shares. Yorktown Mgmt And Inc has 13,000 shares. Utd Asset Strategies owns 35,354 shares for 1.4% of their portfolio. X Mgmt Lc reported 14,619 shares. Wade G W And Incorporated has 3,763 shares. King Luther Capital Mgmt Corp invested 0.5% in Schlumberger Limited (NYSE:SLB). Envestnet Asset Mngmt Inc invested 0.09% in Schlumberger Limited (NYSE:SLB). Allen Investment Mngmt Limited Co reported 654,431 shares stake. 23,776 are held by Monarch Cap Mngmt.

Among 9 analysts covering Dermira Inc (NASDAQ:DERM), 8 have Buy rating, 1 Sell and 0 Hold. Therefore 89% are positive. Dermira Inc had 20 analyst reports since August 7, 2015 according to SRatingsIntel. The rating was initiated by Cowen & Co with “Outperform” on Wednesday, August 19. The stock of Dermira, Inc. (NASDAQ:DERM) earned “Buy” rating by Guggenheim on Tuesday, December 5. The firm has “Buy” rating by Cantor Fitzgerald given on Monday, November 6. The company was maintained on Tuesday, November 7 by Leerink Swann. The stock of Dermira, Inc. (NASDAQ:DERM) earned “Buy” rating by Needham on Friday, September 15. The stock has “Buy” rating by Mizuho on Tuesday, December 12. The firm has “Buy” rating given on Tuesday, November 7 by Needham. The rating was maintained by Needham on Wednesday, May 11 with “Buy”. The stock of Dermira, Inc. (NASDAQ:DERM) has “Buy” rating given on Thursday, September 7 by Mizuho. Cantor Fitzgerald maintained it with “Buy” rating and $4500 target in Tuesday, July 25 report.

Investors sentiment increased to 2.03 in Q3 2017. Its up 0.64, from 1.39 in 2017Q2. It increased, as 15 investors sold DERM shares while 21 reduced holdings. 22 funds opened positions while 51 raised stakes. 41.09 million shares or 3.89% more from 39.55 million shares in 2017Q2 were reported. Wellington Management Grp Limited Liability Partnership has 0.02% invested in Dermira, Inc. (NASDAQ:DERM) for 3.46M shares. Moreover, State Board Of Administration Of Florida Retirement System has 0% invested in Dermira, Inc. (NASDAQ:DERM). Numeric Ltd invested 0.01% of its portfolio in Dermira, Inc. (NASDAQ:DERM). Dafna Cap Management Ltd Liability Com has invested 1.27% in Dermira, Inc. (NASDAQ:DERM). Credit Suisse Ag accumulated 96,228 shares. Awm Invest Company has invested 0.35% of its portfolio in Dermira, Inc. (NASDAQ:DERM). Jpmorgan Chase And has invested 0% of its portfolio in Dermira, Inc. (NASDAQ:DERM). 29,257 were reported by Manufacturers Life Insurance The. Rhenman Asset Mgmt Ab reported 100,000 shares. State Street owns 0% invested in Dermira, Inc. (NASDAQ:DERM) for 864,355 shares. Pictet Asset Mgmt holds 0.01% or 83,200 shares in its portfolio. Gsa Capital Ptnrs Ltd Liability Partnership has 25,770 shares for 0.05% of their portfolio. Boothbay Fund Mngmt, a New York-based fund reported 10,256 shares. 92,400 were reported by Platinum Invest Mgmt Limited. Ardsley Advisory Partners owns 0.04% invested in Dermira, Inc. (NASDAQ:DERM) for 10,000 shares.

Foresite Capital Management Ii Llc, which manages about $246.71M US Long portfolio, upped its stake in Epizyme Inc. (NASDAQ:EPZM) by 58,368 shares to 1.54 million shares, valued at $29.40 million in 2017Q3, according to the filing.

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