Bluemountain Capital Management Has Cut Schlumberger LTD (Put) (SLB) Stake By $6.40 Million; Gratry & Company Has Trimmed Icon Plc (ICLR) Position

June 20, 2017 - By Ellis Scott

Bluemountain Capital Management Llc decreased Schlumberger Ltd (Put) (SLB) stake by 32.79% reported in 2016Q4 SEC filing. Bluemountain Capital Management Llc sold 77,100 shares as Schlumberger Ltd (Put) (SLB)’s stock declined 11.04%. The Bluemountain Capital Management Llc holds 158,000 shares with $13.26M value, down from 235,100 last quarter. Schlumberger Ltd (Put) now has $92.31 billion valuation. The stock declined 1.78% or $1.21 reaching $66.9 per share. About 4.85 million shares traded. Schlumberger Limited. (NYSE:SLB) has declined 3.30% since June 20, 2016 and is downtrending. It has underperformed by 20.00% the S&P500.

Gratry & Company Llc decreased Icon Plc (ICLR) stake by 12.75% reported in 2016Q4 SEC filing. Gratry & Company Llc sold 6,454 shares as Icon Plc (ICLR)’s stock rose 5.08%. The Gratry & Company Llc holds 44,165 shares with $3.32M value, down from 50,619 last quarter. Icon Plc now has $5.33B valuation. The stock rose 2.27% or $2.15 reaching $97.06. About 461,986 shares traded or 31.92% up from the average. ICON PLC (NASDAQ:ICLR) has risen 40.78% since June 20, 2016 and is uptrending. It has outperformed by 24.08% the S&P500.

Investors sentiment decreased to 1.06 in 2016 Q4. Its down 0.03, from 1.09 in 2016Q3. It worsened, as 65 investors sold SLB shares while 567 reduced holdings. 118 funds opened positions while 550 raised stakes. 1.08 billion shares or 1.19% more from 1.07 billion shares in 2016Q3 were reported. Moreover, Godshalk Welsh Capital has 0.63% invested in Schlumberger Limited. (NYSE:SLB). Tower Bridge owns 180,962 shares for 0% of their portfolio. Brookmont Capital reported 112,297 shares. Fairfield Bush & reported 2,714 shares. Arizona State Retirement stated it has 358,971 shares. Indexiq Advisors Ltd Liability Corp invested 0.03% of its portfolio in Schlumberger Limited. (NYSE:SLB). Mitsubishi Ufj Bk invested 0.54% of its portfolio in Schlumberger Limited. (NYSE:SLB). Vestor Llc stated it has 59,079 shares. Highstreet Asset Mngmt holds 0.32% or 10,964 shares in its portfolio. 7,585 are owned by Montecito Bancshares Trust. Citigroup has 0.14% invested in Schlumberger Limited. (NYSE:SLB). Farmers Bank has invested 0.06% in Schlumberger Limited. (NYSE:SLB). Segall Bryant And Hamill Limited Company reported 694,327 shares. Bb&T Securities Limited Liability holds 0.34% in Schlumberger Limited. (NYSE:SLB) or 284,433 shares. Telos Cap reported 24,637 shares.

Bluemountain Capital Management Llc increased Royal Gold Inc (NASDAQ:RGLD) stake by 31,354 shares to 32,033 valued at $2.03M in 2016Q4. It also upped Mallinckrodt Pub Ltd Co (NYSE:MNK) stake by 34,971 shares and now owns 40,697 shares. Curtiss Wright Corp (NYSE:CW) was raised too.

Analysts await Schlumberger Limited. (NYSE:SLB) to report earnings on July, 20. They expect $0.30 EPS, up 30.43% or $0.07 from last year’s $0.23 per share. SLB’s profit will be $413.95M for 55.75 P/E if the $0.30 EPS becomes a reality. After $0.25 actual EPS reported by Schlumberger Limited. for the previous quarter, Wall Street now forecasts 20.00% EPS growth.

Among 31 analysts covering Schlumberger Limited. (NYSE:SLB), 25 have Buy rating, 1 Sell and 5 Hold. Therefore 81% are positive. Schlumberger Limited. had 87 analyst reports since July 22, 2015 according to SRatingsIntel. The stock of Schlumberger Limited. (NYSE:SLB) earned “Outperform” rating by Oppenheimer on Thursday, October 1. The stock of Schlumberger Limited. (NYSE:SLB) earned “Focus Stock” rating by Howard Weil on Monday, January 25. The rating was maintained by Morgan Stanley with “Overweight” on Monday, April 25. The firm has “Buy” rating by HSBC given on Thursday, September 3. The company was maintained on Friday, May 5 by Bernstein. Cowen & Co maintained the shares of SLB in report on Monday, April 25 with “Outperform” rating. The stock of Schlumberger Limited. (NYSE:SLB) earned “Hold” rating by Jefferies on Monday, July 11. The firm has “Equal Weight” rating given on Monday, January 25 by Barclays Capital. The firm earned “Buy” rating on Thursday, March 23 by Scotia Capital. On Thursday, April 20 the stock rating was upgraded by Suntrust Robinson to “Buy”.

Since December 21, 2016, it had 1 insider buy, and 3 selling transactions for $3.27 million activity. 5,000 shares were sold by SANDVOLD TORE I, worth $407,700 on Wednesday, March 1. Shares for $2.77M were sold by Floridia Aaron Gatt on Monday, June 12. $3.98M worth of Schlumberger Limited. (NYSE:SLB) shares were sold by BELANI ASHOK. $250,203 worth of Schlumberger Limited. (NYSE:SLB) was bought by CURRIE PETER L S on Tuesday, May 30.

Analysts await ICON PLC (NASDAQ:ICLR) to report earnings on July, 25. They expect $1.30 earnings per share, up 14.04% or $0.16 from last year’s $1.14 per share. ICLR’s profit will be $71.39M for 18.67 P/E if the $1.30 EPS becomes a reality. After $1.29 actual earnings per share reported by ICON PLC for the previous quarter, Wall Street now forecasts 0.78% EPS growth.

Among 9 analysts covering Icon plc (NASDAQ:ICLR), 5 have Buy rating, 1 Sell and 3 Hold. Therefore 56% are positive. Icon plc had 12 analyst reports since July 29, 2015 according to SRatingsIntel. The company was upgraded on Friday, December 16 by Goldman Sachs. The stock of ICON PLC (NASDAQ:ICLR) earned “Outperform” rating by Credit Suisse on Tuesday, June 21. The firm earned “Mkt Underperform” rating on Thursday, June 9 by Avondale. Evercore upgraded the stock to “Buy” rating in Friday, October 14 report. The firm has “Hold” rating given on Wednesday, July 27 by Jefferies. Credit Suisse reinitiated the shares of ICLR in report on Friday, August 14 with “Outperform” rating. Suntrust Robinson downgraded ICON PLC (NASDAQ:ICLR) on Friday, December 16 to “Hold” rating. SunTrust downgraded ICON PLC (NASDAQ:ICLR) rating on Friday, December 16. SunTrust has “Hold” rating and $80 target. The stock of ICON PLC (NASDAQ:ICLR) earned “Hold” rating by Jefferies on Friday, June 3. The rating was initiated by Avondale with “Market Perform” on Wednesday, October 21.

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