3M (MMM) Holder Broderick Brian C Increased Its Holding; Keybank National Association Has Trimmed Schlumberger LTD (SLB) Holding as Stock Price Declined

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Broderick Brian C increased its stake in 3M (MMM) by 7.03% based on its latest 2018Q2 regulatory filing with the SEC. Broderick Brian C bought 2,615 shares as the company’s stock rose 0.89% with the market. The institutional investor held 39,829 shares of the medical and dental instruments company at the end of 2018Q2, valued at $7.84M, up from 37,214 at the end of the previous reported quarter. Broderick Brian C who had been investing in 3M for a number of months, seems to be bullish on the $115.85 billion market cap company. The stock decreased 1.60% or $3.24 during the last trading session, reaching $198.96. About 1.33M shares traded. 3M Company (NYSE:MMM) has declined 1.40% since December 6, 2017 and is downtrending. It has underperformed by 17.02% the S&P500. Some Historical MMM News: 09/05/2018 – 3M Names Mojdeh Poul Exec VP, Safety/Graphics Business Group; 30/05/2018 – 3M INDIA LTD TMIN.NS – MARCH QTR NET PROFIT 930.5 MLN RUPEES VS PROFIT 903.9 MLN RUPEES YR AGO; 12/04/2018 – 3M to Support United Nations Road Safety Initiative; 09/05/2018 – 3M: EVP, SAFETY-GRAPHICS GROUP FRANK LITTLE TO RETIRE JULY 1; 08/05/2018 – 3M CO MMM.N SETS QUARTERLY DIVIDEND OF $1.36/SHR; 11/04/2018 – The Sky’s the Limit in 3M Disruptive Design Challenge; 05/03/2018 – 3M CO – INGE THULIN APPOINTED 3M EXECUTIVE CHAIRMAN OF BOARD; 04/04/2018 – 3M Selects C3 IoT As Strategic AI Software Platform; 04/04/2018 – 3M REPORTS NEW LEADERSHIP APPOINTMENT; 07/03/2018 – APPLE SAYS IT TRAINED 3M SUPPLIER WORKERS ON RIGHTS IN 2017

Keybank National Association decreased its stake in Schlumberger Ltd (SLB) by 2.64% based on its latest 2018Q2 regulatory filing with the SEC. Keybank National Association sold 14,405 shares as the company’s stock declined 10.52% while stock markets rallied. The institutional investor held 532,259 shares of the oilfield services and equipment company at the end of 2018Q2, valued at $35.68 million, down from 546,664 at the end of the previous reported quarter. Keybank National Association who had been investing in Schlumberger Ltd for a number of months, seems to be less bullish one the $58.46B market cap company. The stock decreased 4.32% or $1.9 during the last trading session, reaching $42.22. About 9.81 million shares traded. Schlumberger Limited (NYSE:SLB) has declined 8.44% since December 6, 2017 and is downtrending. It has underperformed by 24.06% the S&P500.

Keybank National Association, which manages about $17.15 billion US Long portfolio, upped its stake in Cms Energy Corp (NYSE:CMS) by 46,392 shares to 721,026 shares, valued at $34.09M in 2018Q2, according to the filing. It also increased its holding in Texas Instrs Inc (NASDAQ:TXN) by 3,071 shares in the quarter, for a total of 147,309 shares, and has risen its stake in Pure Storage Inc.

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 of Schlumberger Limited (NYSE:SLB) earned “Outperform” rating by Credit Suisse on Monday, July 23. The firm has “Hold” rating given on Monday, July 11 by Jefferies. The firm has “Mkt Perform” rating given on Friday, December 2 by Bernstein. The stock has “Outperform” rating by Credit Suisse on Monday, October 23. The rating was maintained by Credit Suisse with “Buy” on Monday, January 22. Piper Jaffray maintained Schlumberger Limited (NYSE:SLB) on Friday, October 20 with “Buy” rating. On Monday, February 26 the stock rating was upgraded by Bank of America to “Buy”. The company was initiated on Friday, March 24 by Tudor Pickering. The stock of Schlumberger Limited (NYSE:SLB) earned “Sector Ourperform” rating by Howard Weil on Thursday, May 12. On Tuesday, October 20 the stock rating was maintained by Argus Research with “Buy”.

Investors sentiment decreased to 0.96 in 2018 Q2. Its down 0.24, from 1.2 in 2018Q1. It dived, 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. Hbk Sorce Advisory Ltd Liability Co reported 13,224 shares stake. Jefferies Gru Llc holds 0.01% of its portfolio in Schlumberger Limited (NYSE:SLB) for 15,744 shares. 17,967 were reported by Cambridge Advisors. 738 are held by Mercer Advisers. Peapack Gladstone reported 184,039 shares. Oakworth has invested 0.09% in Schlumberger Limited (NYSE:SLB). 4,225 were reported by Gardner Russo Gardner Limited Liability Corp. Legacy Capital Ptnrs Inc stated it has 33,891 shares or 1.11% of all its holdings. The New Jersey-based Harding Loevner Ltd Partnership has invested 3.97% in Schlumberger Limited (NYSE:SLB). Moreover, Timber Creek Limited Liability Com has 1.07% invested in Schlumberger Limited (NYSE:SLB). Jacobs Levy Equity Mgmt holds 0% or 3,500 shares. Sumitomo Mitsui Tru Holding holds 0.36% in Schlumberger Limited (NYSE:SLB) or 4.58M shares. Haverford Services Incorporated invested 2.2% in Schlumberger Limited (NYSE:SLB). Kentucky Retirement Sys stated it has 58,809 shares. 4.54M were reported by Ubs Asset Americas.

Since September 6, 2018, it had 1 buy, and 1 insider sale for $2.91 million activity. $3.40 million worth of Schlumberger Limited (NYSE:SLB) was sold by AYAT SIMON on Monday, September 24.

Analysts await Schlumberger Limited (NYSE:SLB) to report earnings on January, 18 before the open. They expect $0.42 EPS, down 12.50% or $0.06 from last year’s $0.48 per share. SLB’s profit will be $581.54 million for 25.13 P/E if the $0.42 EPS becomes a reality. After $0.46 actual EPS reported by Schlumberger Limited for the previous quarter, Wall Street now forecasts -8.70% negative EPS growth.

More notable recent Schlumberger Limited (NYSE:SLB) news were published by: Fool.com which released: “Oil Prices: This Exec’s Outlook Says This Downturn Will Be Short Lived – The Motley Fool” on November 25, 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, Seekingalpha.com published: “Schlumberger Is A Buy – Cramer’s Lightning Round (11/19/18) – Seeking Alpha” on November 20, 2018. More interesting news about Schlumberger Limited (NYSE:SLB) were released by: Fool.com and their article: “3 Top Dividend Stocks With Yields Over 4% – The Motley Fool” published on November 28, 2018 as well as Globenewswire.com‘s news article titled: “New Research Coverage Highlights G1 THERAPEUTICS, Schlumberger, Adient, Camping World, Nutanix, and CNH Industrial NV — Consolidated Revenues, Company Growth, and Expectations for 2018 – GlobeNewswire” with publication date: December 06, 2018.

Since September 10, 2018, it had 1 buy, and 1 insider sale for $90,252 activity. The insider Hammes Eric D. sold $274,752.

Among 17 analysts covering 3M (NYSE:MMM), 7 have Buy rating, 3 Sell and 7 Hold. Therefore 41% are positive. 3M had 106 analyst reports since July 24, 2015 according to SRatingsIntel. The firm earned “Underperform” rating on Friday, October 23 by RBC Capital Markets. The rating was maintained by Citigroup on Wednesday, October 24 with “Buy”. On Friday, July 24 the stock rating was maintained by RBC Capital Markets with “Underperform”. Morgan Stanley maintained the stock with “Underweight” rating in Wednesday, July 26 report. The firm has “Buy” rating by Citigroup given on Monday, October 9. Jefferies maintained the shares of MMM in report on Thursday, December 14 with “Buy” rating. Argus Research maintained 3M Company (NYSE:MMM) rating on Wednesday, October 24. Argus Research has “Buy” rating and $225 target. The firm has “Underweight” rating by Barclays Capital given on Wednesday, October 24. The stock of 3M Company (NYSE:MMM) has “Sell” rating given on Monday, November 21 by Goldman Sachs. The stock has “Buy” rating by UBS on Wednesday, December 16.

More notable recent 3M Company (NYSE:MMM) news were published by: Fool.com which released: “7 Reasons That 3M’s Guidance Looks Overly Optimistic – Motley Fool” on November 29, 2018, also Seekingalpha.com with their article: “3M Company (MMM) CEO Michael Roman Presents at Credit Suisse 6th Annual Industrials Conference (Transcript) – Seeking Alpha” published on November 28, 2018, Forbes.com published: “How Has 3M Managed To Consistently Improve Its Margins Over The Past Five Years? – Forbes” on November 29, 2018. More interesting news about 3M Company (NYSE:MMM) were released by: Seekingalpha.com and their article: “As Expected, Evolution, Not Revolution, From 3M – Seeking Alpha” published on November 20, 2018 as well as Seekingalpha.com‘s news article titled: “3M CEO sets five-year financial targets – Seeking Alpha” with publication date: November 15, 2018.

Schlumberger Limited (NYSE:SLB) Institutional Positions Chart

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