Dycom Inds (DY) Shareholder 1492 Capital Management Increased Its Stake by $1.80 Million as Stock Value Declined; As Schlumberger LTD (SLB) Shares Declined, Horan Capital Advisors Lowered Its Stake by $405,752

April 18, 2018 - By Darrin Black

Schlumberger Limited (NYSE:SLB) Logo

1492 Capital Management Llc increased its stake in Dycom Inds Inc (DY) by 229.09% based on its latest 2017Q4 regulatory filing with the SEC. 1492 Capital Management Llc bought 16,247 shares as the company’s stock declined 9.19% with the market. The institutional investor held 23,339 shares of the basic industries company at the end of 2017Q4, valued at $2.60M, up from 7,092 at the end of the previous reported quarter. 1492 Capital Management Llc who had been investing in Dycom Inds Inc for a number of months, seems to be bullish on the $3.38B market cap company. The stock decreased 0.68% or $0.75 during the last trading session, reaching $108.39. About 193,861 shares traded. Dycom Industries, Inc. (NYSE:DY) has risen 13.44% since April 18, 2017 and is uptrending. It has outperformed by 1.89% the S&P500.

Horan Capital Advisors Llc decreased its stake in Schlumberger Ltd (SLB) by 20.07% based on its latest 2017Q4 regulatory filing with the SEC. Horan Capital Advisors Llc sold 6,056 shares as the company’s stock declined 4.39% with the market. The institutional investor held 24,115 shares of the oilfield services and equipment company at the end of 2017Q4, valued at $1.63M, down from 30,171 at the end of the previous reported quarter. Horan Capital Advisors Llc who had been investing in Schlumberger Ltd for a number of months, seems to be less bullish one the $97.86B market cap company. The stock increased 2.84% or $1.95 during the last trading session, reaching $70.61. About 6.58 million shares traded. Schlumberger Limited (NYSE:SLB) has declined 16.28% since April 18, 2017 and is downtrending. It has underperformed by 27.83% the S&P500.

1492 Capital Management Llc, which manages about $188.45 million and $128.23M US Long portfolio, decreased its stake in Usa Technologies Inc (NASDAQ:USAT) by 54,162 shares to 442,708 shares, valued at $4.32 million in 2017Q4, according to the filing. It also reduced its holding in Integrated Device Technology (NASDAQ:IDTI) by 19,874 shares in the quarter, leaving it with 93,000 shares, and cut its stake in Ringcentral Inc (NYSE:RNG).

Since March 7, 2018, it had 0 buys, and 1 insider sale for $284,044 activity.

Investors sentiment increased to 1.01 in Q4 2017. Its up 0.01, from 1 in 2017Q3. It increased, as 34 investors sold DY shares while 109 reduced holdings. 55 funds opened positions while 89 raised stakes. 29.64 million shares or 4.71% less from 31.11 million shares in 2017Q3 were reported. Ftb Advsrs reported 0% stake. Mason Street Advsr Ltd owns 15,243 shares or 0.04% of their US portfolio. Campbell Newman Asset Management Incorporated owns 6,817 shares. Burney Co stated it has 39,468 shares or 0.25% of all its holdings. Assetmark Inc holds 0% of its portfolio in Dycom Industries, Inc. (NYSE:DY) for 501 shares. Sheets Smith Wealth Mngmt accumulated 0.09% or 3,514 shares. New York-based J Goldman & Co Lp has invested 0.95% in Dycom Industries, Inc. (NYSE:DY). Tiaa Cref Inv Mgmt Limited Liability Company holds 0.01% or 74,229 shares in its portfolio. Weiss Multi owns 84,917 shares or 0.24% of their US portfolio. Gradient Invests Limited Liability Corp holds 1 shares. University Of Texas Managment holds 0.01% of its portfolio in Dycom Industries, Inc. (NYSE:DY) for 20 shares. Arizona State Retirement Sys stated it has 0.02% in Dycom Industries, Inc. (NYSE:DY). Maplelane Cap Ltd Com accumulated 292,500 shares. Moreover, First Personal Fincl Ser has 0.02% invested in Dycom Industries, Inc. (NYSE:DY) for 1,075 shares. M&T Bancorp Corp stated it has 0% of its portfolio in Dycom Industries, Inc. (NYSE:DY).

Among 10 analysts covering Dycom (NYSE:DY), 9 have Buy rating, 0 Sell and 1 Hold. Therefore 90% are positive. Dycom had 36 analyst reports since August 27, 2015 according to SRatingsIntel. The rating was maintained by Canaccord Genuity with “Buy” on Wednesday, August 30. The company was maintained on Tuesday, November 28 by Stifel Nicolaus. The firm has “Neutral” rating by DA Davidson given on Monday, November 9. Craig Hallum maintained the shares of DY in report on Tuesday, November 21 with “Buy” rating. The firm earned “Buy” rating on Tuesday, February 13 by B. Riley & Co. The stock of Dycom Industries, Inc. (NYSE:DY) has “Buy” rating given on Thursday, March 1 by B. Riley & Co. On Friday, May 26 the stock rating was upgraded by ValuEngine to “Buy”. The rating was maintained by FBR Capital with “Outperform” on Thursday, May 25. The stock of Dycom Industries, Inc. (NYSE:DY) earned “Buy” rating by Stifel Nicolaus on Friday, May 20. The rating was maintained by FBR Capital on Monday, June 19 with “Buy”.

Since October 24, 2017, it had 3 insider buys, and 3 insider sales for $6.93 million activity. Schorn Patrick also bought $323,950 worth of Schlumberger Limited (NYSE:SLB) shares. SANDVOLD TORE I sold $219,205 worth of stock or 3,500 shares. 10,000 shares were bought by KIBSGAARD PAAL, worth $646,800. 3,000 shares valued at $192,900 were bought by Al Mogharbel Khaled on Wednesday, March 28. Guild Howard sold $1.96 million worth of stock or 25,000 shares.

Analysts await Schlumberger Limited (NYSE:SLB) to report earnings on April, 20 before the open. They expect $0.38 EPS, up 52.00% or $0.13 from last year’s $0.25 per share. SLB’s profit will be $526.67M for 46.45 P/E if the $0.38 EPS becomes a reality. After $0.48 actual EPS reported by Schlumberger Limited for the previous quarter, Wall Street now forecasts -20.83% negative EPS growth.

Among 39 analysts covering Schlumberger Limited. (NYSE:SLB), 32 have Buy rating, 1 Sell and 6 Hold. Therefore 82% are positive. Schlumberger Limited. had 144 analyst reports since July 22, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Friday, April 7 by Jefferies. On Monday, January 25 the stock rating was maintained by Cowen & Co with “Outperform”. The company was upgraded on Thursday, April 20 by Suntrust Robinson. Nomura maintained it with “Buy” rating and $88 target in Monday, April 25 report. The stock of Schlumberger Limited (NYSE:SLB) has “Buy” rating given on Monday, January 22 by Susquehanna. Citigroup maintained it with “Buy” rating and $76 target in Wednesday, October 25 report. Barclays Capital upgraded Schlumberger Limited (NYSE:SLB) on Wednesday, April 20 to “Overweight” rating. As per Thursday, July 20, the company rating was maintained by RBC Capital Markets. Jefferies maintained Schlumberger Limited (NYSE:SLB) rating on Monday, April 25. Jefferies has “Hold” rating and $80 target. Citigroup maintained it with “Buy” rating and $80 target in Thursday, October 5 report.

Horan Capital Advisors Llc, which manages about $224.00 million and $153.71M US Long portfolio, upped its stake in Procter And Gamble Co (NYSE:PG) by 3,344 shares to 32,319 shares, valued at $2.97 million in 2017Q4, according to the filing.

Investors sentiment decreased to 0.66 in 2017 Q4. Its down 0.22, from 0.88 in 2017Q3. It dived, as 90 investors sold SLB shares while 672 reduced holdings. 140 funds opened positions while 365 raised stakes. 1.05 billion shares or 11.89% less from 1.20 billion shares in 2017Q3 were reported. Addenda Cap Inc invested in 60,241 shares or 0.28% of the stock. Savings Bank Of Hawaii reported 16,261 shares. Stearns Fincl Services Grp Inc reported 13,877 shares. Thomas J Herzfeld Advisors Inc owns 370 shares. Goldman Sachs Group Inc invested 0.14% in Schlumberger Limited (NYSE:SLB). Stone Run Cap Ltd Co has 2.07% invested in Schlumberger Limited (NYSE:SLB). Bailard Incorporated reported 30,529 shares. Massachusetts Finance Svcs Co Ma holds 1% or 35.25M shares. Smithbridge Asset Mgmt De, Pennsylvania-based fund reported 28,536 shares. Moreover, Lipe & Dalton has 0.27% invested in Schlumberger Limited (NYSE:SLB). Ci Investments reported 0.17% stake. National Bank Of The West invested in 58,698 shares or 0.5% of the stock. Summit Group Limited Liability Corp accumulated 0.06% or 7,800 shares. Atria Invs Limited Liability Corp has 0.09% invested in Schlumberger Limited (NYSE:SLB). Schwartz Investment Counsel stated it has 461,475 shares.

Schlumberger Limited (NYSE:SLB) Institutional Positions Chart

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