Arosa Capital Management LP Raised Its Schlumberger LTD (SLB) Holding by $15.06 Million as Share Price Rose; Crow Point Partners Increased Its Entergy (ETR) Stake by $2.34 Million; Market Valuation Rose

June 23, 2018 - By Winifred Garcia

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Crow Point Partners Llc increased its stake in Entergy Corp (ETR) by 29.7% based on its latest 2018Q1 regulatory filing with the SEC. Crow Point Partners Llc bought 30,000 shares as the company’s stock rose 3.61% while stock markets declined. The institutional investor held 131,000 shares of the central company at the end of 2018Q1, valued at $10.32M, up from 101,000 at the end of the previous reported quarter. Crow Point Partners Llc who had been investing in Entergy Corp for a number of months, seems to be bullish on the $14.50 billion market cap company. The stock increased 0.46% or $0.37 during the last trading session, reaching $80.21. About 2.31 million shares traded or 47.75% up from the average. Entergy Corporation (NYSE:ETR) has risen 2.40% since June 23, 2017 and is uptrending. It has underperformed by 10.17% the S&P500. Some Historical ETR News: 28/03/2018 – Burns & McDonnell Adds Entergy Project to $3.2 Billion Slate in Texas, Louisiana, an Industrial Info News Alert; 14/05/2018 – ENTERGY CUTS FITZPATRICK REACTOR TO 40% POWER FROM 100%: NRC; 16/05/2018 – ENTERGY RAISES PILGRIM 1 REACTOR TO 98% POWER FROM 50%: NRC; 03/05/2018 – S&P REVISES ENTERGY LOUISIANA LLC OUTLOOK TO ‘STABLE’ FROM ‘POSITIVE’; RATING ‘BBB+’; 25/04/2018 – Entergy Affirms 2018 Guidance and Long-Term Financial Outlook; 23/04/2018 – Entergy Corp expected to post earnings of $1.28 a share – Earnings Preview; 25/04/2018 – Entergy Sees FY18 Utility, Parent & Other Adjusted Guidance Range of $4.50-$4.90 a Shr; 25/04/2018 – ENTERGY 1Q OPER EPS $1.16, EST. $1.28; 09/05/2018 – Entergy Rides Burgeoning Power Demand in U.S. South with $6 Billion in Projects, an Industrial Info News Alert; 16/05/2018 – ENTERGY RAISES ARKANSAS NUCLEAR 1 TO 1% POWER FROM 0%: NRC

Arosa Capital Management Lp increased its stake in Schlumberger Ltd (SLB) by 99.87% based on its latest 2018Q1 regulatory filing with the SEC. Arosa Capital Management Lp bought 235,358 shares as the company’s stock rose 2.80% while stock markets declined. The institutional investor held 471,022 shares of the oilfield services and equipment company at the end of 2018Q1, valued at $30.51M, up from 235,664 at the end of the previous reported quarter. Arosa Capital Management Lp who had been investing in Schlumberger Ltd for a number of months, seems to be bullish on the $92.22 billion market cap company. The stock increased 2.76% or $1.79 during the last trading session, reaching $66.58. About 11.22M shares traded or 53.05% up from the average. Schlumberger Limited (NYSE:SLB) has declined 1.14% since June 23, 2017 and is downtrending. It has underperformed by 13.71% the S&P500.

Investors sentiment decreased to 0.96 in Q1 2018. Its down 0.18, from 1.14 in 2017Q4. It is negative, as 42 investors sold ETR shares while 178 reduced holdings. 62 funds opened positions while 149 raised stakes. 146.60 million shares or 1.33% more from 144.68 million shares in 2017Q4 were reported. Cwm Ltd Liability holds 0% or 158 shares in its portfolio. Macquarie Group has invested 0% in Entergy Corporation (NYSE:ETR). Moreover, Laurion Cap Management Ltd Partnership has 0.02% invested in Entergy Corporation (NYSE:ETR) for 35,929 shares. Suntrust Banks reported 54,580 shares stake. M&T Savings Bank, a New York-based fund reported 17,446 shares. Foster Motley owns 0.49% invested in Entergy Corporation (NYSE:ETR) for 38,052 shares. Morgan Stanley reported 1.33M shares. North Star Investment Mgmt Corp invested 0.01% of its portfolio in Entergy Corporation (NYSE:ETR). Btc Cap Mgmt owns 43,264 shares. Strategic Advsrs Limited Liability reported 4,106 shares. Fjarde Ap invested in 28,573 shares. Rodgers Brothers Inc, Pennsylvania-based fund reported 3,132 shares. Stadion Money Ltd Liability Co stated it has 0.01% of its portfolio in Entergy Corporation (NYSE:ETR). Jennison Associate Ltd Liability Corporation accumulated 204,919 shares. Anchor Advsrs Ltd Com invested 0.69% of its portfolio in Entergy Corporation (NYSE:ETR).

Since March 5, 2018, it had 0 buys, and 4 sales for $1.53 million activity. $39,035 worth of Entergy Corporation (NYSE:ETR) shares were sold by FISACKERLY HALEY. $631,400 worth of stock was sold by May Phillip R Jr on Friday, April 27.

Among 16 analysts covering Entergy Corporation (NYSE:ETR), 6 have Buy rating, 1 Sell and 9 Hold. Therefore 38% are positive. Entergy Corporation had 69 analyst reports since July 28, 2015 according to SRatingsIntel. The stock has “Sell” rating by Goldman Sachs on Tuesday, July 28. The firm has “Equal-Weight” rating given on Thursday, September 21 by Morgan Stanley. The stock of Entergy Corporation (NYSE:ETR) earned “Buy” rating by Guggenheim on Friday, February 23. Morgan Stanley maintained the stock with “Underweight” rating in Friday, September 8 report. JP Morgan maintained Entergy Corporation (NYSE:ETR) rating on Tuesday, April 10. JP Morgan has “Neutral” rating and $81 target. Wells Fargo upgraded the shares of ETR in report on Thursday, March 16 to “Outperform” rating. The stock of Entergy Corporation (NYSE:ETR) has “Equal-Weight” rating given on Wednesday, December 13 by Morgan Stanley. The rating was upgraded by Barclays Capital on Tuesday, September 22 to “Overweight”. The stock has “Hold” rating by RBC Capital Markets on Sunday, October 29. The rating was upgraded by Citigroup on Friday, October 13 to “Buy”.

Crow Point Partners Llc, which manages about $937.00M and $544.06 million US Long portfolio, decreased its stake in Financial Select Sector Spdr (XLF) by 19,319 shares to 10,800 shares, valued at $298,000 in 2018Q1, according to the filing. It also reduced its holding in Energy Select Sector Spdr (XLE) by 8,799 shares in the quarter, leaving it with 4,036 shares, and cut its stake in Royce Value Trust (NYSE:RVT).

Since January 22, 2018, it had 3 insider purchases, and 3 insider sales for $6.93 million activity. 3,000 shares were sold by Jaramillo Claudia, worth $218,049 on Wednesday, May 16. KIBSGAARD PAAL bought 10,000 shares worth $646,800. $5.91 million worth of stock was sold by AYAT SIMON on Wednesday, January 24. $192,900 worth of Schlumberger Limited (NYSE:SLB) was bought by Al Mogharbel Khaled. 5,000 shares were bought by Schorn Patrick, worth $323,950.

Among 39 analysts covering Schlumberger Limited. (NYSE:SLB), 32 have Buy rating, 1 Sell and 6 Hold. Therefore 82% are positive. Schlumberger Limited. had 150 analyst reports since July 22, 2015 according to SRatingsIntel. As per Wednesday, January 18, the company rating was initiated by Suntrust Robinson. The firm earned “Hold” rating on Thursday, April 28 by Societe Generale. The company was maintained on Monday, January 25 by Howard Weil. The rating was maintained by Susquehanna on Monday, April 23 with “Buy”. Nomura maintained the shares of SLB in report on Monday, April 25 with “Buy” rating. The firm has “Buy” rating given on Thursday, April 20 by Suntrust Robinson. The rating was downgraded by Standpoint Research on Wednesday, April 20 to “Hold”. The stock has “Buy” rating by HSBC on Thursday, September 3. Credit Suisse maintained the shares of SLB in report on Monday, July 24 with “Buy” rating. Atlantic Securities downgraded the shares of SLB in report on Tuesday, June 27 to “Neutral” rating.

More notable recent Schlumberger Limited (NYSE:SLB) news were published by: Finance.Yahoo.com which released: “Should Income Investors Buy Schlumberger Limited (NYSE:SLB) Before Its Ex-Dividend?” on June 02, 2018, also Forbes.com with their article: “Why Schlumberger’s Stock Continues To Underperform” published on May 29, 2018, Seekingalpha.com published: “An Undervalued Services Play Due For Catch-Up” on June 18, 2018. More interesting news about Schlumberger Limited (NYSE:SLB) were released by: Benzinga.com and their article: “Earnings Outlook For Schlumberger” published on June 19, 2018 as well as Bizjournals.com‘s news article titled: “Study: These Houston companies rank among America’s most valuable brands” with publication date: June 21, 2018.

Investors sentiment increased to 1.2 in 2018 Q1. Its up 0.54, from 0.66 in 2017Q4. It improved, as 60 investors sold SLB shares while 488 reduced holdings. 111 funds opened positions while 548 raised stakes. 1.04 billion shares or 1.22% less from 1.05 billion shares in 2017Q4 were reported. Northstar Asset Mgmt Ltd Liability invested 0.94% of its portfolio in Schlumberger Limited (NYSE:SLB). Hourglass Cap Lc reported 2.41% stake. Heritage Wealth invested in 17,933 shares or 0.48% of the stock. Klingenstein Fields & Co Ltd Liability Co stated it has 0.93% in Schlumberger Limited (NYSE:SLB). Baker Ellis Asset Management Ltd Llc owns 0.15% invested in Schlumberger Limited (NYSE:SLB) for 8,881 shares. Counselors Inc owns 125,075 shares or 0.39% of their US portfolio. Valicenti Advisory Svcs Incorporated stated it has 59,199 shares. Roundview Capital Llc holds 14,993 shares or 0.27% of its portfolio. Warren Averett Asset Mngmt Limited Liability Com owns 3,344 shares or 0.04% of their US portfolio. Lateef Invest Ltd Partnership invested 3.86% of its portfolio in Schlumberger Limited (NYSE:SLB). Atlanta Capital Mgmt Co L L C accumulated 63,066 shares. Sigma Planning invested in 0.03% or 6,866 shares. Aldebaran Financial holds 0.35% of its portfolio in Schlumberger Limited (NYSE:SLB) for 8,095 shares. Bessemer Grp has invested 0.15% in Schlumberger Limited (NYSE:SLB). 15.54M are held by Loomis Sayles & L P.

Arosa Capital Management Lp, which manages about $456.37M and $719.65 million US Long portfolio, decreased its stake in Cabot Oil & Gas Corp (NYSE:COG) by 297,769 shares to 297,309 shares, valued at $7.13 million in 2018Q1, according to the filing. It also reduced its holding in Anadarko Pete Corp (NYSE:APC) by 33,195 shares in the quarter, leaving it with 401,411 shares, and cut its stake in Marathon Pete Corp (NYSE:MPC).

Entergy Corporation (NYSE:ETR) Institutional Positions Chart

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