Schlumberger LTD (SLB) Shareholder Benin Management Trimmed Its Holding as Stock Value Declined; Scharf Investments Holding in Sherwin Williams Co (SHW) Decreased as Stock Price Rose

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Scharf Investments Llc decreased its stake in Sherwin Williams Co (SHW) by 44.33% based on its latest 2018Q4 regulatory filing with the SEC. Scharf Investments Llc sold 125,978 shares as the company’s stock rose 5.11% with the market. The institutional investor held 158,175 shares of the building materials company at the end of 2018Q4, valued at $62.24M, down from 284,153 at the end of the previous reported quarter. Scharf Investments Llc who had been investing in Sherwin Williams Co for a number of months, seems to be less bullish one the $39.07 billion market cap company. The stock decreased 2.24% or $9.65 during the last trading session, reaching $421.78. About 788,348 shares traded or 4.98% up from the average. The Sherwin-Williams Company (NYSE:SHW) has risen 10.40% since March 6, 2018 and is uptrending. It has outperformed by 6.03% the S&P500.

Benin Management Corp decreased its stake in Schlumberger Ltd (SLB) by 35.28% based on its latest 2018Q4 regulatory filing with the SEC. Benin Management Corp sold 45,100 shares as the company’s stock declined 2.52% while stock markets rallied. The institutional investor held 82,748 shares of the oilfield services and equipment company at the end of 2018Q4, valued at $2.99M, down from 127,848 at the end of the previous reported quarter. Benin Management Corp who had been investing in Schlumberger Ltd for a number of months, seems to be less bullish one the $59.93 billion market cap company. The stock decreased 3.46% or $1.55 during the last trading session, reaching $43.24. About 5.67 million shares traded. Schlumberger Limited (NYSE:SLB) has declined 30.63% since March 6, 2018 and is downtrending. It has underperformed by 35.00% the S&P500.

Since September 6, 2018, it had 1 insider buy, and 2 insider sales for $3.68 million activity. MARKS MICHAEL E bought $482,480 worth of stock or 8,000 shares. $660,000 worth of Schlumberger Limited (NYSE:SLB) was sold by Le Peuch Olivier. The insider Schorn Patrick bought $375,500.

Analysts await Schlumberger Limited (NYSE:SLB) to report earnings on April, 18 before the open. They expect $0.30 earnings per share, down 21.05% or $0.08 from last year’s $0.38 per share. SLB’s profit will be $415.79 million for 36.03 P/E if the $0.30 EPS becomes a reality. After $0.36 actual earnings per share reported by Schlumberger Limited for the previous quarter, Wall Street now forecasts -16.67% negative EPS growth.

Investors sentiment decreased to 0.49 in 2018 Q4. Its down 0.48, from 0.97 in 2018Q3. It fall, as 205 investors sold SLB shares while 587 reduced holdings. 107 funds opened positions while 278 raised stakes. 1.04 billion shares or 1.72% more from 1.02 billion shares in 2018Q3 were reported. Stadion Money Limited Liability reported 16,379 shares stake. Howard Cap Mngmt stated it has 14,715 shares. 1.05M were reported by Old Republic International Corp. Connecticut-based Sound Shore Mgmt Ct has invested 1.25% in Schlumberger Limited (NYSE:SLB). Allstate stated it has 0.03% of its portfolio in Schlumberger Limited (NYSE:SLB). Employees Retirement Sys Of Texas reported 360,592 shares. King Luther Capital Mngmt has 458,256 shares. Chesapeake Asset Management Limited Liability reported 7,365 shares stake. Somerville Kurt F owns 7,915 shares or 0.07% of their US portfolio. Legal & General Group Public Ltd Com stated it has 0.19% of its portfolio in Schlumberger Limited (NYSE:SLB). Nomura invested in 0% or 10,489 shares. Barrett Asset Management Limited Liability Corporation invested in 262,953 shares. Arizona State Retirement System owns 284,528 shares for 0.13% of their portfolio. Baystate Wealth Management Ltd has invested 0.01% of its portfolio in Schlumberger Limited (NYSE:SLB). Captrust Advsr holds 85,129 shares or 0.17% of its portfolio.

More recent Schlumberger Limited (NYSE:SLB) news were published by: Seekingalpha.com which released: “Rockwell Automation, Schlumberger form digital oilfield automation JV – Seeking Alpha” on February 19, 2019. Also Seekingalpha.com published the news titled: “Schlumberger names company vet Le Peuch as new COO – Seeking Alpha” on February 08, 2019. Globenewswire.com‘s news article titled: “Research Report Identifies Johnson & Johnson, Schlumberger, Karyopharm Therapeutics, WYNDHAM DESTINATIONS, INC, ASGN, and Suburban Propane Partners with Renewed Outlook — Fundamental Analysis, Calculating Forward Movement – GlobeNewswire” with publication date: February 21, 2019 was also an interesting one.

Investors sentiment decreased to 0.98 in 2018 Q4. Its down 0.08, from 1.06 in 2018Q3. It worsened, as 67 investors sold SHW shares while 249 reduced holdings. 92 funds opened positions while 219 raised stakes. 71.36 million shares or 5.08% more from 67.91 million shares in 2018Q3 were reported. Bw Gestao De Investimentos Ltda holds 14.5% or 94,860 shares. The Illinois-based Ubs Asset Mngmt Americas has invested 0% in The Sherwin-Williams Company (NYSE:SHW). 3,385 were reported by Gateway Advisers Ltd Liability Co. Copeland Cap Mngmt Ltd Liability Company accumulated 0.08% or 2,738 shares. Alyeska Invest Grp Incorporated Lp invested 0.19% in The Sherwin-Williams Company (NYSE:SHW). Ftb accumulated 413 shares. 111,712 are held by Credit Suisse Ag. Winslow Evans & Crocker Inc holds 0.02% or 168 shares in its portfolio. 1,384 are held by Btc Capital Management. Delta Asset Mngmt Limited Liability Corporation Tn invested in 0.01% or 187 shares. Reilly Fin Ltd Liability Company invested in 84 shares or 0% of the stock. Illinois-based Citadel Advsr Limited Liability has invested 0.13% in The Sherwin-Williams Company (NYSE:SHW). Nomura Asset invested 0.08% in The Sherwin-Williams Company (NYSE:SHW). Beach Investment Counsel Inc Pa reported 4,865 shares. Virtu Fincl Ltd Company, New York-based fund reported 904 shares.

Since October 29, 2018, it had 1 buying transaction, and 0 sales for $253,125 activity.

Analysts await The Sherwin-Williams Company (NYSE:SHW) to report earnings on April, 23. They expect $3.68 earnings per share, up 3.08% or $0.11 from last year’s $3.57 per share. SHW’s profit will be $340.87 million for 28.65 P/E if the $3.68 EPS becomes a reality. After $3.54 actual earnings per share reported by The Sherwin-Williams Company for the previous quarter, Wall Street now forecasts 3.95% EPS growth.

Scharf Investments Llc, which manages about $2.69B and $2.52B US Long portfolio, upped its stake in Novartis A G (NYSE:NVS) by 86,972 shares to 895,002 shares, valued at $76.80M in 2018Q4, according to the filing. It also increased its holding in Kansas City Southern (NYSE:KSU) by 281,930 shares in the quarter, for a total of 1.11 million shares, and has risen its stake in Allergan Plc.

The Sherwin-Williams Company (NYSE:SHW) Institutional Positions Chart

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