Swarthmore Group Decreased Position in Schlumberger LTD (SLB) as Stock Declined; Tompkins Financial Upped Holding in United Parcel Service Cl B (UPS) by $2.67 Million as Stock Value Declined

April 19, 2018 - By Peter Erickson

Schlumberger Limited (NYSE:SLB) Logo

Tompkins Financial Corp increased its stake in United Parcel Service Inc Cl B (UPS) by 2421.92% based on its latest 2017Q4 regulatory filing with the SEC. Tompkins Financial Corp bought 22,427 shares as the company’s stock declined 13.88% with the market. The institutional investor held 23,353 shares of the transportation company at the end of 2017Q4, valued at $2.78 million, up from 926 at the end of the previous reported quarter. Tompkins Financial Corp who had been investing in United Parcel Service Inc Cl B for a number of months, seems to be bullish on the $94.26 billion market cap company. The stock decreased 1.33% or $1.48 during the last trading session, reaching $109.42. About 1.67M shares traded. United Parcel Service, Inc. (NYSE:UPS) has declined 2.49% since April 19, 2017 and is downtrending. It has underperformed by 14.04% the S&P500.

Swarthmore Group Inc decreased its stake in Schlumberger Ltd (SLB) by 22.53% based on its latest 2017Q4 regulatory filing with the SEC. Swarthmore Group Inc sold 22,450 shares as the company’s stock declined 4.39% with the market. The institutional investor held 77,200 shares of the oilfield services and equipment company at the end of 2017Q4, valued at $5.20 million, down from 99,650 at the end of the previous reported quarter. Swarthmore Group Inc who had been investing in Schlumberger Ltd for a number of months, seems to be less bullish one the $97.46B market cap company. The stock decreased 0.03% or $0.02 during the last trading session, reaching $70.32. About 5.06M 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.

Investors sentiment increased to 1.23 in Q4 2017. Its up 0.09, from 1.14 in 2017Q3. It increased, as 59 investors sold UPS shares while 372 reduced holdings. 107 funds opened positions while 422 raised stakes. 448.80 million shares or 0.57% less from 451.38 million shares in 2017Q3 were reported. Clearbridge Invs Limited Liability Corporation invested in 0.85% or 7.76M shares. Howe Rusling reported 525 shares. Azimuth Management Ltd Liability Company has 13,125 shares. Moreover, Country Club Trust Na has 0.06% invested in United Parcel Service, Inc. (NYSE:UPS) for 3,950 shares. Ubs Asset Mgmt Americas invested 0.23% in United Parcel Service, Inc. (NYSE:UPS). Moreover, Veritable Lp has 0.07% invested in United Parcel Service, Inc. (NYSE:UPS) for 31,168 shares. E&G Lp accumulated 3,200 shares. Miller Howard holds 479,471 shares or 1.24% of its portfolio. Griffin Asset Mngmt invested in 0.24% or 11,385 shares. Murphy Capital Mngmt Inc invested in 0.76% or 46,679 shares. Creative Planning accumulated 202,874 shares. Moreover, Pecaut & has 1.57% invested in United Parcel Service, Inc. (NYSE:UPS). Institute For Wealth Ltd Limited Liability Company owns 11,439 shares. Bailard reported 0.37% stake. Commercial Bank Of America De reported 11.31 million shares.

Since February 26, 2018, it had 0 buys, and 1 sale for $480,600 activity.

Among 24 analysts covering United Parcel Service (NYSE:UPS), 11 have Buy rating, 1 Sell and 12 Hold. Therefore 46% are positive. United Parcel Service had 74 analyst reports since July 29, 2015 according to SRatingsIntel. The stock of United Parcel Service, Inc. (NYSE:UPS) has “Hold” rating given on Thursday, February 1 by Stephens. The rating was maintained by Susquehanna with “Hold” on Wednesday, January 17. The firm earned “Hold” rating on Thursday, October 12 by Credit Suisse. The stock of United Parcel Service, Inc. (NYSE:UPS) earned “Underweight” rating by Morgan Stanley on Tuesday, February 23. The firm earned “Hold” rating on Tuesday, April 10 by Robert W. Baird. The rating was maintained by Robert W. Baird on Friday, September 29 with “Hold”. The rating was upgraded by Aegis Capital to “Buy” on Wednesday, February 8. As per Friday, October 27, the company rating was maintained by Loop Capital. The rating was maintained by BMO Capital Markets on Friday, October 27 with “Market Perform”. Cowen & Co maintained United Parcel Service, Inc. (NYSE:UPS) on Monday, July 17 with “Hold” rating.

Tompkins Financial Corp, which manages about $632.79 million and $436.31 million US Long portfolio, decreased its stake in At&T Inc Com (NYSE:T) by 11,133 shares to 29,043 shares, valued at $1.13M in 2017Q4, according to the filing. It also reduced its holding in Walgreens Bts All by 36,861 shares in the quarter, leaving it with 4,558 shares, and cut its stake in Abbvie Inc Com (NYSE:ABBV).

Swarthmore Group Inc, which manages about $1.77B and $468.19 million US Long portfolio, upped its stake in Broadcom Ltd by 33,050 shares to 33,950 shares, valued at $8.72 million in 2017Q4, according to the filing. It also increased its holding in T Mobile Us Inc (NYSE:TMUS) by 47,475 shares in the quarter, for a total of 149,350 shares, and has risen its stake in Ishares Tr (CSJ).

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 $526.67M for 46.26 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.

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 stock of Schlumberger Limited (NYSE:SLB) has “Buy” rating given on Friday, June 30 by Jefferies. Citigroup upgraded the shares of SLB in report on Thursday, September 3 to “Buy” rating. The firm has “Buy” rating by Jefferies given on Thursday, January 4. Piper Jaffray maintained Schlumberger Limited (NYSE:SLB) on Friday, October 20 with “Buy” rating. On Friday, October 16 the stock rating was maintained by Cowen & Co with “Outperform”. The rating was initiated by Bernstein on Friday, December 2 with “Mkt Perform”. The rating was maintained by FBR Capital with “Buy” on Monday, January 22. Griffen Securities downgraded Schlumberger Limited (NYSE:SLB) on Monday, April 25 to “Sell” rating. On Tuesday, September 5 the stock rating was maintained by BMO Capital Markets with “Buy”. SunTrust upgraded Schlumberger Limited (NYSE:SLB) rating on Friday, April 21. SunTrust has “Buy” rating and $92 target.

Since October 24, 2017, it had 3 insider buys, and 3 insider sales for $6.93 million activity. On Wednesday, January 24 the insider AYAT SIMON sold $5.91M. Al Mogharbel Khaled bought $192,900 worth of stock or 3,000 shares. Shares for $1.96 million were sold by Guild Howard. SANDVOLD TORE I had sold 3,500 shares worth $219,205 on Tuesday, October 24. Schorn Patrick had bought 5,000 shares worth $323,950.

Investors sentiment decreased to 0.66 in 2017 Q4. Its down 0.22, from 0.88 in 2017Q3. It worsened, 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. Moreover, Wasatch Advisors has 0.05% invested in Schlumberger Limited (NYSE:SLB). Scharf Ltd Company reported 1.47M shares. Moreover, Sol Cap Mgmt has 0.12% invested in Schlumberger Limited (NYSE:SLB) for 6,226 shares. Moreover, Employees Retirement Association Of Colorado has 0.3% invested in Schlumberger Limited (NYSE:SLB). Riverbridge Prtnrs Limited Liability Corporation, a Minnesota-based fund reported 33,390 shares. Mar Vista Partners Ltd Liability Corporation owns 2.72% invested in Schlumberger Limited (NYSE:SLB) for 1.08 million shares. San Francisco Sentry Group (Ca) stated it has 0.15% in Schlumberger Limited (NYSE:SLB). Los Angeles Capital Mngmt Equity Rech has 290,399 shares for 0.11% of their portfolio. Capwealth Advisors Lc stated it has 35,796 shares. Tributary Capital Mgmt Ltd Liability Co stated it has 7,925 shares or 0.05% of all its holdings. Mathes Com Incorporated holds 0.07% or 2,200 shares. 19,427 are held by Kingfisher Ltd Com. Mirae Asset Invs has 36,743 shares for 0.03% of their portfolio. Salem Capital accumulated 39,072 shares or 1.34% of the stock. Bridges Management stated it has 51,702 shares.

Schlumberger Limited (NYSE:SLB) Institutional Positions Chart

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