Institute For Wealth Management Has Upped Schlumberger LTD (SLB) Stake by $1.14 Million as Valuation Declined; As Clorox Co Del (CLX) Shares Declined, Uss Investment Management LTD Has Upped by $864,600 Its Holding

February 24, 2018 - By Dolores Ford

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 $92.03 billion market cap company. The stock increased 2.37% or $1.54 during the last trading session, reaching $66.5. About 7.65M shares traded. Schlumberger Limited (NYSE:SLB) has declined 3.30% since February 24, 2017 and is downtrending. It has underperformed by 20.00% the S&P500.

Uss Investment Management Ltd increased its stake in Clorox Co Del (CLX) by 14.07% based on its latest 2017Q3 regulatory filing with the SEC. Uss Investment Management Ltd bought 6,600 shares as the company’s stock declined 1.16% while stock markets rallied. The institutional investor held 53,500 shares of the specialty chemicals company at the end of 2017Q3, valued at $7.06M, up from 46,900 at the end of the previous reported quarter. Uss Investment Management Ltd who had been investing in Clorox Co Del for a number of months, seems to be bullish on the $16.75 billion market cap company. The stock increased 1.67% or $2.13 during the last trading session, reaching $129.43. About 895,897 shares traded. The Clorox Company (NYSE:CLX) has risen 1.68% since February 24, 2017 and is uptrending. It has underperformed by 15.02% the S&P500.

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. Moreover, Gofen And Glossberg Limited Company Il has 1.36% invested in Schlumberger Limited (NYSE:SLB). Teachers Retirement System Of The State Of Kentucky reported 0.27% stake. Architects reported 340 shares. Nikko Asset Mngmt Americas Inc, a New York-based fund reported 493,671 shares. Advisory Lc invested in 0.08% or 9,928 shares. Livforsakringsbolaget Skandia Omsesidigt, a Sweden-based fund reported 26,503 shares. Cap Research Glob Invsts invested 0.44% in Schlumberger Limited (NYSE:SLB). Moreover, 1832 Asset Mngmt Ltd Partnership has 0.05% invested in Schlumberger Limited (NYSE:SLB) for 224,634 shares. Td Cap Ltd Liability Com invested in 0% or 200 shares. Regent Investment Mngmt Limited Com holds 12,513 shares. Adage Cap Prns Group Limited Liability Corp reported 1.64M shares. Violich Capital Management Inc owns 1.07% invested in Schlumberger Limited (NYSE:SLB) for 56,037 shares. Eagleclaw Managment Ltd Company holds 0.93% or 23,500 shares. 25,340 are owned by Putnam Invs Limited Company. Ipswich Investment Management Co has invested 2.61% in Schlumberger Limited (NYSE:SLB).

Among 38 analysts covering Schlumberger Limited. (NYSE:SLB), 31 have Buy rating, 1 Sell and 6 Hold. Therefore 82% are positive. Schlumberger Limited. had 139 analyst reports since July 22, 2015 according to SRatingsIntel. The stock has “Buy” rating by BMO Capital Markets on Thursday, July 13. The firm has “Outperform” rating by Cowen & Co given on Monday, April 25. The stock of Schlumberger Limited (NYSE:SLB) has “Buy” rating given on Thursday, April 20 by Suntrust Robinson. The stock of Schlumberger Limited (NYSE:SLB) has “Buy” rating given on Tuesday, September 5 by BMO Capital Markets. Standpoint Research upgraded the stock to “Hold” rating in Wednesday, August 26 report. Atlantic Securities downgraded the shares of SLB in report on Tuesday, June 27 to “Neutral” rating. The company was upgraded on Tuesday, November 15 by Jefferies. The stock of Schlumberger Limited (NYSE:SLB) has “Buy” rating given on Wednesday, October 25 by Citigroup. Jefferies maintained the stock with “Buy” rating in Friday, August 25 report. Barclays Capital upgraded the shares of SLB in report on Wednesday, April 20 to “Overweight” rating.

Institute For Wealth Management Llc, which manages about $311.71 million and $307.55 million US Long portfolio, decreased its stake in Vanguard Bd Index Fd Inc (BND) by 4,884 shares to 5,422 shares, valued at $444,000 in 2017Q3, according to the filing. It also reduced its holding in Vanguard Intl Equity Index F (VWO) by 10,914 shares in the quarter, leaving it with 24,657 shares, and cut its stake in Vanguard Charlotte Fds (BNDX).

Since October 24, 2017, it had 0 insider purchases, and 3 insider sales for $8.09 million activity. $219,205 worth of Schlumberger Limited (NYSE:SLB) was sold by SANDVOLD TORE I. On Wednesday, January 24 AYAT SIMON sold $5.91 million worth of Schlumberger Limited (NYSE:SLB) or 75,000 shares.

Among 16 analysts covering The Clorox Company (NYSE:CLX), 3 have Buy rating, 1 Sell and 12 Hold. Therefore 19% are positive. The Clorox Company had 51 analyst reports since August 5, 2015 according to SRatingsIntel. BMO Capital Markets maintained it with “Buy” rating and $150.0 target in Tuesday, October 3 report. The firm earned “Hold” rating on Thursday, January 4 by Bank of America. The rating was maintained by JP Morgan on Wednesday, May 4 with “Underweight”. UBS maintained the stock with “Sell” rating in Thursday, August 4 report. RBC Capital Markets maintained the shares of CLX in report on Monday, February 5 with “Hold” rating. BMO Capital Markets maintained the shares of CLX in report on Monday, February 5 with “Buy” rating. The stock of The Clorox Company (NYSE:CLX) has “Equal-Weight” rating given on Monday, February 5 by Morgan Stanley. The rating was maintained by Jefferies on Wednesday, April 19 with “Hold”. The stock of The Clorox Company (NYSE:CLX) earned “Neutral” rating by Atlantic Securities on Tuesday, June 14. Sterne Agee CRT initiated The Clorox Company (NYSE:CLX) on Tuesday, July 21 with “Buy” rating.

Since August 29, 2017, it had 0 buys, and 1 sale for $297,804 activity.

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