Meiji Yasuda Life Insurance Company Holding in Schlumberger LTD (SLB) Trimmed by $407,100 as Market Valuation Declined; Chemical Bank Trimmed Its Stake in Microsoft (MSFT) as Share Value Rose

January 14, 2018 - By Peter Erickson

Meiji Yasuda Life Insurance Company decreased its stake in Schlumberger Ltd (SLB) by 13.22% based on its latest 2017Q3 regulatory filing with the SEC. Meiji Yasuda Life Insurance Company sold 5,900 shares as the company’s stock declined 11.04% while stock markets rallied. The institutional investor held 38,715 shares of the oilfield services and equipment company at the end of 2017Q3, valued at $2.70 million, down from 44,615 at the end of the previous reported quarter. Meiji Yasuda Life Insurance Company who had been investing in Schlumberger Ltd for a number of months, seems to be less bullish one the $108.01B 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 0.46% up from the average. Schlumberger Limited (NYSE:SLB) has declined 3.30% since January 14, 2017 and is downtrending. It has underperformed by 20.00% the S&P500.

Chemical Bank decreased its stake in Microsoft Corp (MSFT) by 7.05% based on its latest 2017Q3 regulatory filing with the SEC. Chemical Bank sold 7,541 shares as the company’s stock rose 4.75% with the market. The institutional investor held 99,433 shares of the prepackaged software company at the end of 2017Q3, valued at $7.41 million, down from 106,974 at the end of the previous reported quarter. Chemical Bank who had been investing in Microsoft Corp for a number of months, seems to be less bullish one the $691.23 billion market cap company. The stock increased 1.73% or $1.52 during the last trading session, reaching $89.6. About 24.27M shares traded or 8.63% up from the average. Microsoft Corporation (NASDAQ:MSFT) has risen 34.52% since January 14, 2017 and is uptrending. It has outperformed by 17.82% the S&P500.

Among 35 analysts covering Microsoft Corporation (NASDAQ:MSFT), 29 have Buy rating, 2 Sell and 4 Hold. Therefore 83% are positive. Microsoft Corporation had 142 analyst reports since July 22, 2015 according to SRatingsIntel. The stock of Microsoft Corporation (NASDAQ:MSFT) has “Outperform” rating given on Monday, July 17 by Credit Suisse. Canaccord Genuity maintained Microsoft Corporation (NASDAQ:MSFT) on Friday, October 27 with “Buy” rating. Jefferies maintained the shares of MSFT in report on Tuesday, August 22 with “Sell” rating. The stock has “Hold” rating by Canaccord Genuity on Wednesday, September 13. The firm has “Buy” rating by UBS given on Friday, January 29. UBS maintained Microsoft Corporation (NASDAQ:MSFT) rating on Friday, October 21. UBS has “Buy” rating and $66 target. The firm has “Buy” rating given on Sunday, July 16 by KeyBanc Capital Markets. On Friday, August 7 the stock rating was maintained by Oppenheimer with “Buy”. The stock of Microsoft Corporation (NASDAQ:MSFT) earned “Buy” rating by Argus Research on Tuesday, October 31. The stock has “Buy” rating by Cowen & Co on Sunday, September 17.

Investors sentiment increased to 0.83 in Q3 2017. Its up 0.01, from 0.82 in 2017Q2. It is positive, as 40 investors sold MSFT shares while 952 reduced holdings. 114 funds opened positions while 708 raised stakes. 5.51 billion shares or 0.32% less from 5.53 billion shares in 2017Q2 were reported. Ensemble Capital Management Ltd Llc has 0.08% invested in Microsoft Corporation (NASDAQ:MSFT). Piedmont Inv Ltd Co has 1.89M shares for 2.99% of their portfolio. Central Comml Bank And accumulated 11,387 shares. Tiaa Cref Management Ltd Liability reported 47.89M shares. Moon Mngmt Ltd Company stated it has 3,813 shares or 0.33% of all its holdings. Ntv Asset Mgmt Limited Liability reported 61,902 shares. Hilton Capital Mgmt Lc invested 0.13% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). Cohen & Steers invested 0.04% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). Stoneridge Ptnrs Ltd Company holds 1.62% or 137,894 shares. Neuberger Berman Group Limited Liability Corporation holds 1.14% of its portfolio in Microsoft Corporation (NASDAQ:MSFT) for 12.27 million shares. Swarthmore Group Inc Inc has 70,375 shares for 1.2% of their portfolio. Aureus Asset Mgmt Limited Liability Com has 0.81% invested in Microsoft Corporation (NASDAQ:MSFT). Signature Estate & Investment Limited Company owns 0.03% invested in Microsoft Corporation (NASDAQ:MSFT) for 3,563 shares. Cheviot Value Ltd Liability holds 148,415 shares. Stralem And Com reported 3.22% of its portfolio in Microsoft Corporation (NASDAQ:MSFT).

Since August 4, 2017, it had 0 insider purchases, and 3 insider sales for $513.86 million activity. Hood Amy also sold $4.00M worth of Microsoft Corporation (NASDAQ:MSFT) shares. 7.00 million shares were sold by Morfit G Mason, worth $507.89 million.

Analysts await Microsoft Corporation (NASDAQ:MSFT) to report earnings on January, 25. They expect $0.86 EPS, up 3.61% or $0.03 from last year’s $0.83 per share. MSFT’s profit will be $6.63B for 26.05 P/E if the $0.86 EPS becomes a reality. After $0.84 actual EPS reported by Microsoft Corporation for the previous quarter, Wall Street now forecasts 2.38% EPS growth.

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. The stock of Schlumberger Limited (NYSE:SLB) has “Buy” rating given on Wednesday, March 23 by Citigroup. RBC Capital Markets maintained Schlumberger Limited (NYSE:SLB) on Friday, September 1 with “Buy” rating. The stock of Schlumberger Limited (NYSE:SLB) earned “Hold” rating by Jefferies on Monday, April 25. The stock has “Overweight” rating by Morgan Stanley on Monday, October 23. On Wednesday, September 30 the stock rating was maintained by UBS with “Buy”. Nomura maintained Schlumberger Limited (NYSE:SLB) on Tuesday, August 16 with “Buy” rating. The firm has “Neutral” rating by Macquarie Research given on Wednesday, September 9. The rating was maintained by Jefferies with “Buy” on Friday, August 25. The rating was maintained by Citigroup on Wednesday, October 21 with “Buy”. Bernstein initiated Schlumberger Limited (NYSE:SLB) on Friday, December 2 with “Mkt Perform” rating.

Meiji Yasuda Life Insurance Company, which manages about $678.84M US Long portfolio, upped its stake in Nextera Energy Inc (NYSE:NEE) by 2,800 shares to 31,201 shares, valued at $4.57M in 2017Q3, according to the filing. It also increased its holding in Fiserv Inc (NASDAQ:FISV) by 6,480 shares in the quarter, for a total of 10,970 shares, and has risen its stake in Home Depot Inc (NYSE:HD).

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

Investors sentiment is 0.88 in 2017 Q3. Its the same as in 2017Q2. It is the same, 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. Loudon Investment Mngmt Ltd Liability holds 0.8% in Schlumberger Limited (NYSE:SLB) or 14,654 shares. First National Bank & Trust Of Omaha stated it has 168,958 shares. Trustmark State Bank Trust Department stated it has 0.1% of its portfolio in Schlumberger Limited (NYSE:SLB). 152,351 are owned by Bancorp Of The West. Biondo Invest Advsrs holds 1.93% of its portfolio in Schlumberger Limited (NYSE:SLB) for 100,847 shares. S&Co Incorporated invested 0.37% in Schlumberger Limited (NYSE:SLB). National Asset Inc holds 9,111 shares or 0.11% of its portfolio. Principal Financial Gp Inc invested in 0.15% or 2.26 million shares. Oakwood Management Ltd Liability Co Ca has 0.87% invested in Schlumberger Limited (NYSE:SLB). Exchange Cap Management stated it has 0% in Schlumberger Limited (NYSE:SLB). 3,261 were reported by Sns Fin Lc. Wg Shaheen And Associates Dba Whitney And Comm invested in 23,640 shares or 0.52% of the stock. Carlson Capital invested in 0.07% or 3,536 shares. Moreover, Horizon Kinetics Ltd Limited Liability Company has 0.03% invested in Schlumberger Limited (NYSE:SLB). Maine-based Spinnaker has invested 0.2% in Schlumberger Limited (NYSE:SLB).

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