Beaumont Financial Partners Cut American Intl Group (AIG) Holding by $1.18 Million; Jolley Asset Management Has Cut Schlumberger LTD (SLB) Position by $1.03 Million as Stock Value Declined

April 19, 2018 - By whatsonthorold

Schlumberger Limited (NYSE:SLB) Logo

Beaumont Financial Partners Llc decreased its stake in American Intl Group Inc (AIG) by 10.4% based on its latest 2017Q4 regulatory filing with the SEC. Beaumont Financial Partners Llc sold 20,035 shares as the company’s stock declined 9.32% with the market. The institutional investor held 172,686 shares of the finance company at the end of 2017Q4, valued at $10.29 million, down from 192,721 at the end of the previous reported quarter. Beaumont Financial Partners Llc who had been investing in American Intl Group Inc for a number of months, seems to be less bullish one the $49.54 billion market cap company. The stock increased 0.73% or $0.395 during the last trading session, reaching $54.855. About 2.04 million shares traded. American International Group, Inc. (NYSE:AIG) has declined 11.73% since April 19, 2017 and is downtrending. It has underperformed by 23.28% the S&P500.

Jolley Asset Management Llc decreased its stake in Schlumberger Ltd (SLB) by 32.78% based on its latest 2017Q4 regulatory filing with the SEC. Jolley Asset Management Llc sold 15,327 shares as the company’s stock declined 4.39% with the market. The institutional investor held 31,427 shares of the oilfield services and equipment company at the end of 2017Q4, valued at $2.12 million, down from 46,754 at the end of the previous reported quarter. Jolley Asset Management Llc who had been investing in Schlumberger Ltd for a number of months, seems to be less bullish one the $97.71B market cap company. The stock increased 0.22% or $0.1565 during the last trading session, reaching $70.4965. About 2.71M shares traded. Schlumberger Limited (NYSE:SLB) has declined 16.28% since April 19, 2017 and is downtrending. It has underperformed by 27.83% the S&P500.

Analysts await Schlumberger Limited (NYSE:SLB) to report earnings on April, 20 before the open. They expect $0.38 earnings per share, up 52.00% or $0.13 from last year’s $0.25 per share. SLB’s profit will be $526.66M for 46.38 P/E if the $0.38 EPS becomes a reality. After $0.48 actual earnings per share reported by Schlumberger Limited for the previous quarter, Wall Street now forecasts -20.83% negative EPS growth.

Since October 24, 2017, it had 3 buys, and 3 sales for $6.93 million activity. The insider Al Mogharbel Khaled bought 3,000 shares worth $192,900. SANDVOLD TORE I sold 3,500 shares worth $219,205. Schorn Patrick also bought $323,950 worth of Schlumberger Limited (NYSE:SLB) on Monday, March 26. Guild Howard sold $1.96M worth of stock. 75,000 shares were sold by AYAT SIMON, worth $5.91 million on Wednesday, January 24.

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. Guggenheim downgraded Schlumberger Limited (NYSE:SLB) on Tuesday, June 27 to “Neutral” rating. As per Monday, October 23, the company rating was maintained by Morgan Stanley. The stock has “Buy” rating by DA Davidson on Friday, February 19. The firm has “Hold” rating given on Monday, July 11 by Jefferies. On Friday, September 29 the stock rating was maintained by Jefferies with “Buy”. The company was initiated on Friday, December 2 by Bernstein. As per Wednesday, April 20, the company rating was upgraded by Barclays Capital. The stock of Schlumberger Limited (NYSE:SLB) earned “Outperform” rating by Bernstein on Thursday, July 6. The stock has “Hold” rating by Standpoint Research on Wednesday, August 26. The stock has “Buy” rating by Cowen & Co on Thursday, March 15.

Investors sentiment decreased to 0.66 in 2017 Q4. Its down 0.22, from 0.88 in 2017Q3. It turned negative, 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. Eos Management Lp reported 0.35% of its portfolio in Schlumberger Limited (NYSE:SLB). Laurion Capital Management Lp invested 0.08% of its portfolio in Schlumberger Limited (NYSE:SLB). Old Mutual Customised Solutions (Proprietary) Ltd reported 0.54% of its portfolio in Schlumberger Limited (NYSE:SLB). Macquarie Group holds 0.06% of its portfolio in Schlumberger Limited (NYSE:SLB) for 476,332 shares. Condor Mngmt accumulated 0.81% or 59,015 shares. Greenleaf accumulated 10,622 shares. Systematic Management LP reported 0.01% of its portfolio in Schlumberger Limited (NYSE:SLB). Cohen reported 71,550 shares. Cetera Ltd Com has 12,623 shares. Texas Permanent School Fund invested in 378,163 shares or 0.32% of the stock. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Mgmt accumulated 538,900 shares or 0.32% of the stock. Community Tru & Com stated it has 1.8% in Schlumberger Limited (NYSE:SLB). Autus Asset Management Lc stated it has 1% of its portfolio in Schlumberger Limited (NYSE:SLB). Glob X Mngmt Ltd Co holds 0.02% or 15,946 shares in its portfolio. Bedrijfstakpensioenfonds Voor De Media Pno accumulated 127,000 shares.

Jolley Asset Management Llc, which manages about $208.23M and $157.12 million US Long portfolio, upped its stake in Roche Holdings Ltd (RHHBY) by 18,050 shares to 64,515 shares, valued at $2.04M in 2017Q4, according to the filing.

Investors sentiment decreased to 0.7 in Q4 2017. Its down 0.09, from 0.79 in 2017Q3. It fall, as 85 investors sold AIG shares while 290 reduced holdings. 74 funds opened positions while 189 raised stakes. 747.27 million shares or 0.10% less from 748.00 million shares in 2017Q3 were reported. Welch & Forbes Limited Liability has 4,460 shares. Guggenheim Capital Lc owns 858,986 shares. Oregon Pub Employees Retirement Fund holds 0.23% of its portfolio in American International Group, Inc. (NYSE:AIG) for 230,549 shares. Eos LP holds 0.6% or 30,000 shares in its portfolio. Raymond James Tru Na holds 6,753 shares or 0.03% of its portfolio. Joel Isaacson & Limited Liability Corp holds 3,858 shares or 0.04% of its portfolio. 163,615 were reported by Mutual Of America Cap Mngmt Ltd Company. Gamco Et Al reported 149,276 shares. Tower Research Capital Limited Liability Company (Trc) stated it has 21,364 shares or 0.16% of all its holdings. Cibc Asset Mngmt accumulated 0.04% or 116,348 shares. Ontario Teachers Pension Plan Board stated it has 0.81% in American International Group, Inc. (NYSE:AIG). Canandaigua Savings Bank & Tru stated it has 0.04% in American International Group, Inc. (NYSE:AIG). Tiaa Cref Inv Management Ltd Liability Company accumulated 0.48% or 12.15 million shares. Sva Plumb Wealth Mgmt accumulated 5,000 shares or 0.03% of the stock. 163,505 were reported by Klingenstein Fields Lc.

Since February 15, 2018, it had 0 buys, and 2 selling transactions for $331,484 activity. $209,164 worth of American International Group, Inc. (NYSE:AIG) shares were sold by Macia Seraina.

Among 21 analysts covering American International Group (NYSE:AIG), 13 have Buy rating, 2 Sell and 6 Hold. Therefore 62% are positive. American International Group had 76 analyst reports since August 5, 2015 according to SRatingsIntel. The firm has “Buy” rating by Credit Suisse given on Monday, January 22. The rating was maintained by FBR Capital on Tuesday, May 10 with “Mkt Perform”. As per Monday, November 13, the company rating was maintained by RBC Capital Markets. On Monday, July 10 the stock rating was maintained by RBC Capital Markets with “Buy”. The stock of American International Group, Inc. (NYSE:AIG) has “Buy” rating given on Monday, May 29 by Keefe Bruyette & Woods. The company was maintained on Wednesday, August 5 by RBC Capital Markets. The stock of American International Group, Inc. (NYSE:AIG) earned “Underweight” rating by Atlantic Securities on Wednesday, November 4. The firm has “Hold” rating by Standpoint Research given on Monday, November 23. Credit Suisse maintained the shares of AIG in report on Tuesday, March 29 with “Neutral” rating. Piper Jaffray maintained the shares of AIG in report on Tuesday, November 3 with “Overweight” rating.

Beaumont Financial Partners Llc, which manages about $2.17B and $853.24 million US Long portfolio, upped its stake in Fqf Tr by 58,332 shares to 400,319 shares, valued at $12.77 million in 2017Q4, according to the filing. It also increased its holding in Fidelity (FENY) by 1.03 million shares in the quarter, for a total of 1.07 million shares, and has risen its stake in Ssga Active Etf Tr.

Analysts await American International Group, Inc. (NYSE:AIG) to report earnings on May, 2 after the close. They expect $1.28 earnings per share, down 5.88% or $0.08 from last year’s $1.36 per share. AIG’s profit will be $1.16 billion for 10.71 P/E if the $1.28 EPS becomes a reality. After $0.57 actual earnings per share reported by American International Group, Inc. for the previous quarter, Wall Street now forecasts 124.56% EPS growth.

American International Group, Inc. (NYSE:AIG) Institutional Positions Chart

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