East Coast Asset Management Has Trimmed Schlumberger LTD (SLB) Position; Nustar GP Holdings (NSH) Has 0.79 Sentiment

February 24, 2018 - By Hazel Jackson

East Coast Asset Management Llc decreased Schlumberger Ltd (SLB) stake by 52.7% reported in 2017Q3 SEC filing. East Coast Asset Management Llc sold 18,079 shares as Schlumberger Ltd (SLB)’s stock declined 11.04%. The East Coast Asset Management Llc holds 16,228 shares with $1.13M value, down from 34,307 last quarter. Schlumberger Ltd now has $92.03 billion valuation. The stock increased 2.37% or $1.54 during the last trading session, reaching $66.5. About 7.65 million shares traded. Schlumberger Limited (NYSE:SLB) has declined 3.30% since February 24, 2017 and is downtrending. It has underperformed by 20.00% the S&P500.

NuStar GP Holdings, LLC, through its ownership interests in NuStar Energy L.P., engages in the transportation of petroleum products and anhydrous ammonia. The company has market cap of $539.06 million. The firm is also involved in the terminalling, storage, and marketing of petroleum products. It has a 6.21 P/E ratio. It has terminal and storage facilities in the United States, Canada, Mexico, and the United Kingdom, as well as the Netherlands, including St.

Since January 1, 0001, it had 1 buy, and 0 insider sales for $869,718 activity.

The stock increased 0.40% or $0.05 during the last trading session, reaching $12.55. About 353,538 shares traded. NuStar GP Holdings, LLC (NSH) has risen 4.83% since February 24, 2017 and is uptrending. It has underperformed by 11.87% the S&P500.

Ratings analysis reveals 0 of NuStar GP Hldgs’s analysts are positive. Out of 2 Wall Street analysts rating NuStar GP Hldgs, 0 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. NSH was included in 2 notes of analysts from September 30, 2016. The stock of NuStar GP Holdings, LLC (NYSE:NSH) has “Neutral” rating given on Friday, September 30 by Mizuho. The company was downgraded on Friday, February 3 by Citigroup.

Center Coast Capital Advisors Lp holds 0.64% of its portfolio in NuStar GP Holdings, LLC for 1.18 million shares. Catalyst Capital Advisors Llc owns 555,213 shares or 0.53% of their US portfolio. Moreover, Bush Odonnell Investment Advisors Inc has 0.51% invested in the company for 30,495 shares. The Texas-based Eagle Global Advisors Llc has invested 0.38% in the stock. Harvest Fund Advisors Llc, a Pennsylvania-based fund reported 1.57 million shares.

Analysts await NuStar GP Holdings, LLC (NYSE:NSH) to report earnings on April, 23. They expect $0.34 earnings per share, down 12.82% or $0.05 from last year’s $0.39 per share. NSH’s profit will be $14.60 million for 9.23 P/E if the $0.34 EPS becomes a reality. After $0.17 actual earnings per share reported by NuStar GP Holdings, LLC for the previous quarter, Wall Street now forecasts 100.00% EPS growth.

Since October 24, 2017, it had 0 buys, and 3 selling transactions for $8.09 million activity. On Monday, January 22 the insider Guild Howard sold $1.96M. Shares for $5.91M were sold by AYAT SIMON on Wednesday, January 24. $219,205 worth of Schlumberger Limited (NYSE:SLB) shares were sold by SANDVOLD TORE I.

Analysts await Schlumberger Limited (NYSE:SLB) to report earnings on April, 20. They expect $0.41 earnings per share, up 64.00% or $0.16 from last year’s $0.25 per share. SLB’s profit will be $567.41 million for 40.55 P/E if the $0.41 EPS becomes a reality. After $0.48 actual earnings per share reported by Schlumberger Limited for the previous quarter, Wall Street now forecasts -14.58% negative EPS growth.

Investors sentiment is 0.88 in 2017 Q3. Its the same as in 2017Q2. It is without change, 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. Hanson And Doremus Management reported 17,828 shares stake. Hedeker Wealth Limited Liability reported 1.28% in Schlumberger Limited (NYSE:SLB). Sequent Asset Management holds 13.8% or 338,762 shares. Atria Lc reported 24,193 shares. Texas Permanent School Fund stated it has 0.34% in Schlumberger Limited (NYSE:SLB). Manufacturers Life Insurance The, Ontario – Canada-based fund reported 5.59 million shares. Old Mutual Customised Solutions (Proprietary) Limited has 50,870 shares. Spectrum Asset Mngmt (Nb Ca) reported 0.22% in Schlumberger Limited (NYSE:SLB). Dynamic Advisors Solutions Limited Liability Company owns 32,266 shares. Wms Prtn Lc holds 0.05% or 6,029 shares. Levin Cap Strategies LP has invested 0.02% in Schlumberger Limited (NYSE:SLB). Logan Capital Management holds 0.13% or 25,300 shares. Moreover, Bryn Mawr Trust Communication has 0.41% invested in Schlumberger Limited (NYSE:SLB). Great Lakes Advsr Ltd Company, Illinois-based fund reported 1.18M shares. Axa invested in 278,915 shares.

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