Stadion Money Management Has Lifted Its Holding in Schlumberger LTD (SLB) by $335,961 as Stock Declined; As Merit Med Sys Com (MMSI) Market Value Rose, Timpani Capital Management Has Raised Stake by $1.56 Million

February 23, 2018 - By Vivian Park

Stadion Money Management Llc increased its stake in Schlumberger Ltd (SLB) by 31.74% based on its latest 2017Q3 regulatory filing with the SEC. Stadion Money Management Llc bought 4,869 shares as the company’s stock declined 11.04% while stock markets rallied. The institutional investor held 20,209 shares of the oilfield services and equipment company at the end of 2017Q3, valued at $1.41M, up from 15,340 at the end of the previous reported quarter. Stadion Money Management Llc who had been investing in Schlumberger Ltd for a number of months, seems to be bullish on the $92.03 billion market cap company. The stock increased 2.37% or $1.54 during the last trading session, reaching $66.5. About 5.05M shares traded. Schlumberger Limited (NYSE:SLB) has declined 3.30% since February 23, 2017 and is downtrending. It has underperformed by 20.00% the S&P500.

Timpani Capital Management Llc increased its stake in Merit Med Sys Inc Com (MMSI) by 32.66% based on its latest 2017Q3 regulatory filing with the SEC. Timpani Capital Management Llc bought 37,051 shares as the company’s stock rose 18.76% with the market. The institutional investor held 150,488 shares of the health care company at the end of 2017Q3, valued at $6.37 million, up from 113,437 at the end of the previous reported quarter. Timpani Capital Management Llc who had been investing in Merit Med Sys Inc Com for a number of months, seems to be bullish on the $2.33B market cap company. The stock increased 1.53% or $0.7 during the last trading session, reaching $46.4. About 72,963 shares traded. Merit Medical Systems, Inc. (NASDAQ:MMSI) has risen 81.84% since February 23, 2017 and is uptrending. It has outperformed by 65.14% the S&P500.

Investors sentiment is 0.88 in 2017 Q3. Its the same as in 2017Q2. It is flat, 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. Sigma Counselors Incorporated reported 0.26% of its portfolio in Schlumberger Limited (NYSE:SLB). Forte Capital Ltd Liability Corp Adv accumulated 4,771 shares. Advisor Prtn Ltd Co invested 0.23% in Schlumberger Limited (NYSE:SLB). Calamos Wealth Limited Co stated it has 62,225 shares or 0.6% of all its holdings. Northside Capital Ltd Liability Corporation holds 0.1% or 3,544 shares in its portfolio. 20,210 were reported by Dumont Blake Investment Advsr Ltd Liability Com. Compton Inc Ri holds 0.18% in Schlumberger Limited (NYSE:SLB) or 5,900 shares. Adage Limited Liability Company accumulated 1.64 million shares or 0.28% of the stock. Nationwide Fund Advisors has 0.34% invested in Schlumberger Limited (NYSE:SLB) for 1.22 million shares. Bollard Limited Co holds 0.06% or 16,144 shares in its portfolio. Gillespie Robinson Grimm invested in 0.04% or 3,860 shares. Oppenheimer Asset Management holds 0.36% or 201,256 shares in its portfolio. Mathes Communications invested in 5,250 shares or 0.17% of the stock. Moreover, Federated Investors Inc Pa has 0.01% invested in Schlumberger Limited (NYSE:SLB) for 51,842 shares. Swiss National Bank & Trust holds 0.43% or 5.44M shares.

Stadion Money Management Llc, which manages about $6.01 billion and $3.09 billion US Long portfolio, decreased its stake in Spdr Series Trust (RSCO) by 34,201 shares to 954,623 shares, valued at $91.40M in 2017Q3, according to the filing. It also reduced its holding in Spdr Index Shs Fds (QEFA) by 47,270 shares in the quarter, leaving it with 377,519 shares, and cut its stake in Ishares Tr (IWM).

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 stock of Schlumberger Limited (NYSE:SLB) earned “Buy” rating by Evercore on Saturday, August 22. Cowen & Co maintained it with “Outperform” rating and $75 target in Monday, January 25 report. Jefferies maintained Schlumberger Limited (NYSE:SLB) on Monday, July 11 with “Hold” rating. The stock of Schlumberger Limited (NYSE:SLB) earned “Buy” rating by Seaport Global on Monday, January 22. Barclays Capital maintained it with “Equal-Weight” rating and $70 target in Wednesday, October 25 report. The stock has “Outperform” rating by Oppenheimer on Thursday, October 1. Susquehanna maintained it with “Buy” rating and $88.0 target in Monday, January 22 report. Societe Generale downgraded Schlumberger Limited (NYSE:SLB) rating on Thursday, April 28. Societe Generale has “Hold” rating and $86 target. Credit Suisse maintained the stock with “Buy” rating in Monday, July 24 report. The rating was maintained by RBC Capital Markets with “Buy” on Thursday, July 20.

Since October 24, 2017, it had 0 insider buys, and 3 sales for $8.09 million activity. Guild Howard sold $1.96 million worth of stock or 25,000 shares. The insider AYAT SIMON sold $5.91 million.

Timpani Capital Management Llc, which manages about $202.98 million and $274.08 million US Long portfolio, decreased its stake in Ceva Inc Com (NASDAQ:CEVA) by 17,376 shares to 28,864 shares, valued at $1.24M in 2017Q3, according to the filing. It also reduced its holding in Ttm Technologies Inc Com (NASDAQ:TTMI) by 135,130 shares in the quarter, leaving it with 72,198 shares, and cut its stake in Us Concrete Inc (NASDAQ:USCR).

Since September 11, 2017, it had 0 buys, and 3 insider sales for $517,063 activity.

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