Girard Partners LTD Continues to Hold Position in Schlumberger LTD (SLB); Dish Network (DISH) Stake Lifted by Leucadia National Corp

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Girard Partners Ltd increased its stake in Schlumberger Ltd (SLB) by 13.25% based on its latest 2018Q2 regulatory filing with the SEC. Girard Partners Ltd bought 8,073 shares as the company’s stock declined 10.52% while stock markets rallied. The institutional investor held 68,981 shares of the oilfield services and equipment company at the end of 2018Q2, valued at $4.62 million, up from 60,908 at the end of the previous reported quarter. Girard Partners Ltd who had been investing in Schlumberger Ltd for a number of months, seems to be bullish on the $61.10 billion market cap company. The stock decreased 3.67% or $1.68 during the last trading session, reaching $44.12. About 12.98M shares traded or 28.61% up from the average. Schlumberger Limited (NYSE:SLB) has declined 8.44% since December 6, 2017 and is downtrending. It has underperformed by 24.06% the S&P500. Some Historical SLB News: 20/04/2018 – SCHLUMBERGER SAYS GLOBAL OIL SUPPLY AND DEMAND ARE NOW IN BALANCE – CONF CALL; 18/04/2018 – JOHN FREDRIKSEN WILL HAVE SLIGHTLY LESS THAN 30 PCT STAKE IN NEW SEADRILL VS PVS HOLDING OF 24 PCT -CEO; 03/04/2018 – Statoil awards $1.5 bln drilling contracts, favours Archer; 20/04/2018 – SCHLUMBERGER – PRODUCTION CHALLENGES IN US SHALE EMERGING THAT ARE LINKED TO POTENTIAL LOWER PRODUCTION OF STEP-OUT DRILLING FROM TIER 1 ACREAGE; 20/04/2018 – SCHLUMBERGER SEES U.S. DRILLING WORK GROWING IN COMING QUARTERS; 31/05/2018 – OPHIR ENERGY PLC – OPHIR HAS ALREADY HELD INFORMAL DISCUSSIONS WITH OTHER POTENTIAL PARTNERS FOR FORTUNA PROJECT; 21/05/2018 – RDIF IN CONSULTATIONS W/ SCHLUMBERGER ON EURASIA DRILLING: TASS; 21/05/2018 – Energy Voice: Exclusive: Bonuses slashed at Schlumberger as `pricing pressure’ continues – #OOTT; 16/04/2018 – Schlumberger Presenting at Conference May 16; 28/04/2018 – RUSSIA PRELIMINARY APPROVES PURCHASE OF UP TO 49 PCT STAKE IN EDC BY SCHLUMBERGER – RIA

Leucadia National Corp increased its stake in Dish Network Corp (DISH) by 173.71% based on its latest 2018Q2 regulatory filing with the SEC. Leucadia National Corp bought 76,237 shares as the company’s stock rose 7.43% with the market. The hedge fund held 120,125 shares of the television services company at the end of 2018Q2, valued at $4.04M, up from 43,888 at the end of the previous reported quarter. Leucadia National Corp who had been investing in Dish Network Corp for a number of months, seems to be bullish on the $14.93B market cap company. The stock decreased 4.37% or $1.46 during the last trading session, reaching $31.93. About 2.95M shares traded. DISH Network Corporation (NASDAQ:DISH) has declined 35.34% since December 6, 2017 and is downtrending. It has underperformed by 50.96% the S&P500. Some Historical DISH News: 23/04/2018 – DISH Network Corporation vs IPA Technologies Inc., which is a wholly owned subsidiary of Wi-LAN Technologies Inc., which is a wholly owned subsidiary of Wi-LAN Inc., which is a wholly owned subsidiary of Quarterhill Inc; 08/05/2018 – DISH CHAIRMAN: DON’T EXPECT NETWORK PARTNERSHIP ANNOUNCEMENTS; 08/05/2018 – DISH NETWORK CORP- CO SAYS PERCENTAGE OF LINEAR TV CUSTOMERS THAT ARE UNPROFITABLE IS IN LOW SINGLE- CONF CALL; 08/05/2018 – DISH EXECUTIVES SPEAKING ON EARNINGS CONFERENCE CALL; 08/04/2018 – DISH Successfully Trials “Next Gen” Broadcast Standard in Spectrum Co.’s Dallas SFN Project; 08/05/2018 – DISH Network 1Q Rev $3.46B; 04/04/2018 – Dish Network Terminates Trademark License Agreements With Northstar Wireless, SNR Wireless; 08/05/2018 – Dish DBS CDS Tightens 59 Bps; 08/05/2018 – DISH NETWORK CORP – CO SEEING MARGIN AND ARPU EXPANSION ON SLING AND EXPECTS THAT TO CONTINUE- CONF CALL; 29/03/2018 – NFHS Network names SlingStudio ‘Official Video Production Technology’ Partner

More notable recent Schlumberger Limited (NYSE:SLB) news were published by: Fool.com which released: “3 Top Dividend Stocks With Yields Over 4% – The Motley Fool” on November 28, 2018, also Gurufocus.com with their article: “Stocks That Fell to 3-Year Lows in the Week of Nov. 30 – GuruFocus.com” published on December 01, 2018, Fool.com published: “Why These Top Oilfield Services Stocks Dropped More Than 14% in October – The Motley Fool” on November 10, 2018. More interesting news about Schlumberger Limited (NYSE:SLB) were released by: Investorplace.com and their article: “Trade of the Day: Dabble in Beaten-Up Schlumberger Stock – Investorplace.com” published on November 14, 2018 as well as 247Wallst.com‘s news article titled: “Encana, Schlumberger Drop into Friday’s 52-Week Low Club – 24/7 Wall St.” with publication date: November 30, 2018.

Since September 6, 2018, it had 1 insider purchase, and 1 sale for $2.91 million activity. 60,000 shares valued at $3.40M were sold by AYAT SIMON on Monday, September 24.

Investors sentiment decreased to 0.96 in 2018 Q2. Its down 0.24, from 1.2 in 2018Q1. It worsened, as 56 investors sold SLB shares while 536 reduced holdings. 108 funds opened positions while 461 raised stakes. 1.04 billion shares or 0.66% less from 1.04 billion shares in 2018Q1 were reported. Wealthfront owns 15,818 shares or 0.01% of their US portfolio. Fukoku Mutual Life Com owns 6,722 shares. Lmr Partners Ltd Liability Partnership owns 0.07% invested in Schlumberger Limited (NYSE:SLB) for 19,427 shares. Hightower Advsrs Ltd invested in 0.31% or 585,364 shares. Research Investors has 0.29% invested in Schlumberger Limited (NYSE:SLB) for 15.81M shares. Canal Insurance Co holds 100,000 shares. Nordea has invested 0.08% in Schlumberger Limited (NYSE:SLB). Heritage has invested 1.25% in Schlumberger Limited (NYSE:SLB). Meristem Limited Liability Partnership owns 11,274 shares or 0.27% of their US portfolio. Franklin Street Advsrs Nc holds 130,661 shares. Headinvest Ltd stated it has 0.93% in Schlumberger Limited (NYSE:SLB). At Commercial Bank has invested 0.07% in Schlumberger Limited (NYSE:SLB). Asset One Com Limited reported 2.28 million shares stake. Greenwood Cap Assocs Limited Liability stated it has 1.7% in Schlumberger Limited (NYSE:SLB). First In holds 0.57% or 12,242 shares in its portfolio.

Among 40 analysts covering Schlumberger Limited. (NYSE:SLB), 32 have Buy rating, 1 Sell and 7 Hold. Therefore 80% are positive. Schlumberger Limited. had 161 analyst reports since July 22, 2015 according to SRatingsIntel. The stock has “Buy” rating by Citigroup on Thursday, September 3. The rating was maintained by RBC Capital Markets with “Buy” on Tuesday, January 16. The firm has “Buy” rating given on Friday, April 21 by SunTrust. Seaport Global maintained the shares of SLB in report on Monday, April 23 with “Buy” rating. RBC Capital Markets maintained the stock with “Buy” rating in Thursday, July 20 report. SunTrust initiated the stock with “Hold” rating in Wednesday, January 18 report. The firm earned “Buy” rating on Friday, April 13 by Cowen & Co. As per Wednesday, June 21, the company rating was downgraded by Barclays Capital. Seaport Global maintained the stock with “Buy” rating in Monday, January 22 report. Jefferies maintained Schlumberger Limited (NYSE:SLB) rating on Thursday, January 4. Jefferies has “Buy” rating and $78.0 target.

Girard Partners Ltd, which manages about $604.19M and $529.59M US Long portfolio, decreased its stake in Cardinal Health Inc (NYSE:CAH) by 9,959 shares to 10,574 shares, valued at $516,000 in 2018Q2, according to the filing. It also reduced its holding in Stryker Corp (NYSE:SYK) by 4,089 shares in the quarter, leaving it with 13,569 shares, and cut its stake in Spdr Sp 500 Etf Tr (SPY).

Leucadia National Corp, which manages about $1.30B US Long portfolio, decreased its stake in Liberty Media Corp Delaware by 10,256 shares to 117,862 shares, valued at $5.35M in 2018Q2, according to the filing. It also reduced its holding in Ensign Group Inc (NASDAQ:ENSG) by 14,813 shares in the quarter, leaving it with 34,257 shares, and cut its stake in Gci Liberty Inc.

Among 23 analysts covering Dish Network Corp. (NASDAQ:DISH), 9 have Buy rating, 5 Sell and 9 Hold. Therefore 39% are positive. Dish Network Corp. had 65 analyst reports since July 22, 2015 according to SRatingsIntel. Wunderlich maintained the shares of DISH in report on Wednesday, September 9 with “Sell” rating. The rating was downgraded by Macquarie Research on Tuesday, October 23 to “Underperform”. On Friday, November 10 the stock rating was maintained by UBS with “Neutral”. Citigroup downgraded the stock to “Sell” rating in Wednesday, July 26 report. RBC Capital Markets maintained DISH Network Corporation (NASDAQ:DISH) rating on Friday, July 22. RBC Capital Markets has “Sector Perform” rating and $56 target. The stock of DISH Network Corporation (NASDAQ:DISH) earned “Equal-Weight” rating by Morgan Stanley on Friday, September 7. Citigroup upgraded DISH Network Corporation (NASDAQ:DISH) rating on Friday, September 15. Citigroup has “Neutral” rating and $54 target. The rating was maintained by Morgan Stanley with “Equal-Weight” on Monday, April 23. The firm has “Neutral” rating by Moeffett Nathanson given on Monday, October 26. The company was upgraded on Monday, January 23 by Morgan Stanley.

Investors sentiment increased to 1.11 in Q2 2018. Its up 0.20, from 0.91 in 2018Q1. It increased, as 42 investors sold DISH shares while 106 reduced holdings. 44 funds opened positions while 121 raised stakes. 217.83 million shares or 0.10% less from 218.06 million shares in 2018Q1 were reported. Swiss Fincl Bank accumulated 754,009 shares. Sector Pension Board accumulated 11,850 shares or 0% of the stock. Grp One Trading Ltd Partnership holds 0.02% or 72,112 shares. Gateway Investment Advisers Ltd holds 50,989 shares. Signaturefd Ltd Llc invested in 484 shares or 0% of the stock. Fifth Third National Bank has invested 0% in DISH Network Corporation (NASDAQ:DISH). Canada Pension Plan Invest Board has 0.01% invested in DISH Network Corporation (NASDAQ:DISH) for 164,121 shares. Fmr Ltd Limited Liability Company reported 1.96M shares. Lpl Limited Liability Corp holds 0.01% of its portfolio in DISH Network Corporation (NASDAQ:DISH) for 56,879 shares. Cibc World Inc has invested 0% in DISH Network Corporation (NASDAQ:DISH). Us Savings Bank De holds 23,267 shares. Amalgamated Bankshares reported 0.02% stake. Kbc Grp Nv stated it has 0.01% of its portfolio in DISH Network Corporation (NASDAQ:DISH). Teacher Retirement System Of Texas holds 131,031 shares or 0.03% of its portfolio. Arrowmark Colorado Hldg Ltd Com reported 25,000 shares.

Schlumberger Limited (NYSE:SLB) Institutional Positions Chart

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