Muhlenkamp & Co Raised Schlumberger LTD (SLB) Stake, Last Week Sonic Automotive (SAH) Analysts

June 1, 2017 - By Linda Rogers

Among 6 analysts covering Sonic Automotive (NYSE:SAH), 1 have Buy rating, 1 Sell and 4 Hold. Therefore 17% are positive. Sonic Automotive had 8 analyst reports since July 22, 2015 according to SRatingsIntel. The rating was downgraded by Bank of America to “Neutral” on Thursday, February 23. Goldman Sachs upgraded the stock to “Neutral” rating in Monday, November 9 report. Bank of America upgraded the stock to “Buy” rating in Wednesday, July 22 report. The firm has “Buy” rating given on Thursday, January 21 by Sidoti. The company was downgraded on Tuesday, January 10 by CL King. As per Monday, April 11, the company rating was initiated by Jefferies. The stock of Sonic Automotive Inc (NYSE:SAH) has “Hold” rating given on Thursday, August 27 by Zacks. See Sonic Automotive Inc (NYSE:SAH) latest ratings:

23/02/2017 Broker: Bank of America Old Rating: Buy New Rating: Neutral Downgrade
10/01/2017 Broker: CL King Old Rating: Buy New Rating: Neutral Downgrade

Muhlenkamp & Co Inc increased Schlumberger Ltd (SLB) stake by 22.98% reported in 2016Q4 SEC filing. Muhlenkamp & Co Inc acquired 13,786 shares as Schlumberger Ltd (SLB)’s stock declined 11.04%. The Muhlenkamp & Co Inc holds 73,771 shares with $6.19M value, up from 59,985 last quarter. Schlumberger Ltd now has $97.88B valuation. The stock declined 0.01% or $0.01 reaching $69.58 on the news. About 1.78M shares traded. Schlumberger Limited. (NYSE:SLB) has declined 3.30% since June 1, 2016 and is downtrending. It has underperformed by 20.00% the S&P500.

Since March 20, 2017, it had 3 insider purchases, and 0 selling transactions for $2.47 million activity. Another trade for 5,000 shares valued at $102,573 was bought by TAYLOR R EUGENE. SMITH O BRUTON also bought $357,514 worth of Sonic Automotive Inc (NYSE:SAH) on Wednesday, May 3.

About 59,838 shares traded. Sonic Automotive Inc (NYSE:SAH) has risen 13.17% since June 1, 2016 and is uptrending. It has underperformed by 3.53% the S&P500.

Investors sentiment increased to 1.17 in 2016 Q4. Its up 0.31, from 0.86 in 2016Q3. It is positive, as 10 investors sold Sonic Automotive Inc shares while 44 reduced holdings. 17 funds opened positions while 46 raised stakes. 28.13 million shares or 0.43% less from 28.25 million shares in 2016Q3 were reported. Brandywine Glob Investment Management Limited Liability Corp invested 0.02% of its portfolio in Sonic Automotive Inc (NYSE:SAH). Invesco Ltd reported 58,864 shares. Bridgeway Cap Mgmt owns 137,000 shares for 0.04% of their portfolio. Zebra Capital Mngmt Ltd Liability holds 20,585 shares or 0.14% of its portfolio. Moreover, Geode Capital Mgmt Ltd Liability Corporation has 0% invested in Sonic Automotive Inc (NYSE:SAH) for 206,032 shares. Voya Inv Ltd Limited Liability Company reported 12,688 shares. Sector Pension Board holds 18,862 shares or 0% of its portfolio. Moreover, Qs Ltd Co has 0.02% invested in Sonic Automotive Inc (NYSE:SAH) for 96,765 shares. State Board Of Administration Of Florida Retirement Sys stated it has 0% of its portfolio in Sonic Automotive Inc (NYSE:SAH). Prudential, a New Jersey-based fund reported 258,454 shares. Fmr Ltd Company reported 1.23 million shares or 0% of all its holdings. Teachers Retirement Sys Of The State Of Kentucky holds 0% of its portfolio in Sonic Automotive Inc (NYSE:SAH) for 14,200 shares. Victory Capital Mgmt Inc invested 0% of its portfolio in Sonic Automotive Inc (NYSE:SAH). Moreover, Lombardia Cap Prtnrs Limited Liability Co has 1.42% invested in Sonic Automotive Inc (NYSE:SAH). Tower Research Cap Llc (Trc) has 2,991 shares for 0.01% of their portfolio.

Sonic Automotive, Inc. is an automotive retailer in the United States. The company has market cap of $866.46 million. The Company’s operating divisions include Franchised Dealerships and EchoPark. It has a 10.75 P/E ratio. The Company’s Franchised Dealerships segment consists of retail automotive franchises that sell new vehicles and buy and sell used vehicles, sell replacement parts, perform vehicle repair and maintenance services, and arrange finance and insurance products.

Among 30 analysts covering Schlumberger Limited. (NYSE:SLB), 24 have Buy rating, 1 Sell and 5 Hold. Therefore 80% are positive. Schlumberger Limited. had 86 analyst reports since July 22, 2015 according to SRatingsIntel. On Monday, January 25 the stock rating was maintained by Howard Weil with “Focus Stock”. The rating was maintained by Credit Suisse on Monday, April 4 with “Outperform”. Cowen & Co maintained Schlumberger Limited. (NYSE:SLB) rating on Monday, April 25. Cowen & Co has “Outperform” rating and $85 target. DA Davidson initiated the shares of SLB in report on Friday, February 19 with “Buy” rating. Societe Generale downgraded Schlumberger Limited. (NYSE:SLB) rating on Thursday, April 28. Societe Generale has “Hold” rating and $86 target. As per Tuesday, October 20, the company rating was maintained by Argus Research. The stock of Schlumberger Limited. (NYSE:SLB) earned “Sell” rating by Griffen Securities on Monday, April 25. The stock of Schlumberger Limited. (NYSE:SLB) earned “Buy” rating by Jefferies on Tuesday, November 15. Tudor Pickering initiated the shares of SLB in report on Friday, March 24 with “Buy” rating. The firm earned “Buy” rating on Wednesday, March 23 by Citigroup.