Schlumberger LTD (SLB) Shareholder Macnealy Hoover Investment Management Has Lifted Holding; Transalta (TAC) Stock Value Declined While Intact Investment Management Has Raised Its Holding

February 20, 2018 - By Michael Collier

Intact Investment Management Inc increased its stake in Transalta Corp (TAC) by 10.49% based on its latest 2017Q3 regulatory filing with the SEC. Intact Investment Management Inc bought 70,500 shares as the company’s stock declined 4.39% while stock markets rallied. The institutional investor held 742,379 shares of the central company at the end of 2017Q3, valued at $5.42 million, up from 671,879 at the end of the previous reported quarter. Intact Investment Management Inc who had been investing in Transalta Corp for a number of months, seems to be bullish on the $1.48 billion market cap company. It closed at $5.2 lastly. It is down 10.10% since February 20, 2017 and is uptrending. It has underperformed by 6.60% the S&P500.

Macnealy Hoover Investment Management Inc increased its stake in Schlumberger Ltd (SLB) by 180.55% based on its latest 2017Q3 regulatory filing with the SEC. Macnealy Hoover Investment Management Inc bought 22,193 shares as the company’s stock declined 11.04% while stock markets rallied. The institutional investor held 34,485 shares of the oilfield services and equipment company at the end of 2017Q3, valued at $2.41 million, up from 12,292 at the end of the previous reported quarter. Macnealy Hoover Investment Management Inc who had been investing in Schlumberger Ltd for a number of months, seems to be bullish on the $91.73 billion market cap company. The stock increased 0.11% or $0.07 during the last trading session, reaching $66.28. About 7.51M shares traded. Schlumberger Limited (NYSE:SLB) has declined 3.30% since February 20, 2017 and is downtrending. It has underperformed by 20.00% the S&P500.

Since October 24, 2017, it had 0 insider buys, and 3 sales for $8.09 million activity. $1.96M worth of stock was sold by Guild Howard on Monday, January 22. SANDVOLD TORE I sold $219,205 worth of stock.

Investors sentiment is 0.88 in 2017 Q3. Its the same as in 2017Q2. It is the same, as 69 investors sold SLB shares while 596 reduced holdings. only 105 funds opened positions while 481 raised stakes. 1.20 billion shares or 11.55% more from 1.07 billion shares in 2017Q2 were reported. Balyasny Asset Mgmt Limited Liability Corporation holds 0.45% of its portfolio in Schlumberger Limited (NYSE:SLB) for 1.63M shares. Btc Cap Management Incorporated holds 66,670 shares or 0.83% of its portfolio. Argent reported 0.31% of its portfolio in Schlumberger Limited (NYSE:SLB). Signature Fin Mgmt has invested 0.07% of its portfolio in Schlumberger Limited (NYSE:SLB). Baker Avenue Asset Lp invested 0.45% in Schlumberger Limited (NYSE:SLB). Fukoku Mutual Life Company invested in 0.07% or 6,722 shares. Invesco Ltd reported 4.69 million shares. 14,423 are held by Carlton Hofferkamp & Jenks Wealth Mgmt Ltd Llc. Murphy Pohlad Asset Mngmt Ltd Liability Co invested in 0.57% or 11,840 shares. Alpine Woods Cap Investors Limited Liability has invested 0.14% of its portfolio in Schlumberger Limited (NYSE:SLB). Clarivest Asset Mgmt Lc has invested 0% of its portfolio in Schlumberger Limited (NYSE:SLB). First Eagle Investment Limited Liability Com reported 17.41 million shares. Smith Salley holds 0.97% or 72,335 shares in its portfolio. Vaughan David Investments Incorporated Il invested in 5,030 shares or 0.02% of the stock. D Scott Neal invested in 0% or 75 shares.

Among 38 analysts covering Schlumberger Limited. (NYSE:SLB), 31 have Buy rating, 1 Sell and 6 Hold. Therefore 82% are positive. Schlumberger Limited. had 139 analyst reports since July 22, 2015 according to SRatingsIntel. The company was maintained on Friday, June 30 by Jefferies. Guggenheim upgraded the stock to “Neutral” rating in Tuesday, May 10 report. The firm earned “Buy” rating on Friday, March 24 by Tudor Pickering. Argus Research maintained it with “Buy” rating and $112 target in Thursday, August 27 report. Argus Research maintained the stock with “Buy” rating in Tuesday, October 20 report. The rating was maintained by FBR Capital on Wednesday, February 22 with “Outperform”. Morgan Stanley maintained Schlumberger Limited (NYSE:SLB) rating on Tuesday, April 19. Morgan Stanley has “Overweight” rating and $105 target. On Wednesday, January 18 the stock rating was initiated by SunTrust with “Hold”. Loop Capital maintained Schlumberger Limited (NYSE:SLB) rating on Thursday, October 26. Loop Capital has “Buy” rating and $75 target. The rating was maintained by Jefferies on Friday, April 7 with “Buy”.

Intact Investment Management Inc, which manages about $2.30 billion US Long portfolio, decreased its stake in Procter And Gamble Co (NYSE:PG) by 41,600 shares to 121,200 shares, valued at $11.03M in 2017Q3, according to the filing. It also reduced its holding in Canadian Pac Ry Ltd (NYSE:CP) by 124,900 shares in the quarter, leaving it with 186,020 shares, and cut its stake in Enbridge Inc (NYSE:ENB).

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