As Schlumberger LTD (SLB) Stock Declined, Shareholder Guardian Investment Management Has Lowered Its Stake; Benin Management Has Decreased Its Medtronic Plc (MDT) Stake by $637,000

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Guardian Investment Management decreased its stake in Schlumberger Ltd (SLB) by 30.26% based on its latest 2018Q3 regulatory filing with the SEC. Guardian Investment Management sold 8,950 shares as the company’s stock declined 30.03% with the market. The institutional investor held 20,625 shares of the oilfield services and equipment company at the end of 2018Q3, valued at $1.26M, down from 29,575 at the end of the previous reported quarter. Guardian Investment Management who had been investing in Schlumberger Ltd for a number of months, seems to be less bullish one the $59.16B market cap company. The stock decreased 1.56% or $0.68 during the last trading session, reaching $42.78. About 9.17 million shares traded. Schlumberger Limited (NYSE:SLB) has declined 32.38% since February 11, 2018 and is downtrending. It has underperformed by 32.38% the S&P500. Some Historical SLB News: 31/05/2018 – OPHIR ENERGY PLC – OPHIR HAS ALREADY HELD INFORMAL DISCUSSIONS WITH OTHER POTENTIAL PARTNERS FOR FORTUNA PROJECT; 18/04/2018 – Schlumberger NV expected to post earnings of 37 cents a share – Earnings Preview; 22/03/2018 – US Nuclear Corp. Receives New Orders for Replacing Competitor Equipment; 13/04/2018 – Kenya’s National Oil and Schlumberger sign field development deal; 20/04/2018 – Schlumberger 1Q North America Revenue $2.84B; 31/05/2018 – OPHIR ENERGY – GOLAR, OPHIR REMAIN ACTIVELY ENGAGED IN SENIOR LEVEL DISCUSSIONS WITH A NUMBER OF COUNTERPARTIES OVER A FINANCING SOLUTION FOR PROJECT; 20/04/2018 – Schlumberger 1Q EPS 38c; 20/04/2018 – REG-Schlumberger Limited 1st Quarter Results; 20/04/2018 – SCHLUMBERGER NV – QTRLY REVENUE OF $7.8 BILLION DECREASED 4% SEQUENTIALLY; 20/04/2018 – SCHLUMBERGER – SIGNIFICANT INCREASE IN GLOBAL E&P INVESTMENT WILL BE REQUIRED TO MINIMIZE IMPENDING DEFICIT IN OIL MARKET

Benin Management Corp decreased its stake in Medtronic Plc (MDT) by 36.54% based on its latest 2018Q3 regulatory filing with the SEC. Benin Management Corp sold 6,500 shares as the company’s stock declined 0.92% with the market. The institutional investor held 11,290 shares of the electromedical & electrotherapeutic apparatus company at the end of 2018Q3, valued at $1.11 million, down from 17,790 at the end of the previous reported quarter. Benin Management Corp who had been investing in Medtronic Plc for a number of months, seems to be less bullish one the $119.55 billion market cap company. The stock increased 0.12% or $0.11 during the last trading session, reaching $89.01. About 3.98 million shares traded. Medtronic plc (NYSE:MDT) has risen 18.51% since February 11, 2018 and is uptrending. It has outperformed by 18.51% the S&P500. Some Historical MDT News: 23/04/2018 – MEDTRONIC IN.PACT(TM) ADMIRAL(TM) DRUG COATED BALLOON GETS FDA; 21/03/2018 – Moody’s Affirms Medtronic’s A3 Senior Unsecured and Prime-2 Comml Paper Ratings; 22/05/2018 – Medtronic PLC expected to post earnings of $1.39 a share – Earnings Preview; 29/05/2018 – Medtronic to Participate in Goldman Sachs Global Healthcare Conference; 30/04/2018 – MEDTRONIC REPORTS FDA APPROVAL OF INFUSE(TM) BONE GRAFT IN NEW; 20/03/2018 – New Analyses Confirm Patients with Medtronic CRT Devices Experience Less Atrial Fibrillation, Are More Active; 01/05/2018 – MEDTRONIC GETS FDA APPROVAL FOR DEEP BRAIN STIMULATION THERAPY; 21/03/2018 – Moody’s Revises Medtronic’s Rating Outlook to Stable From Negative; 21/03/2018 – Moody’s Revises Medtronic’s Rating Outlook To Stable From Negative, A3 Senior Unsecured Rating Affirmed; 11/05/2018 – Medtronic: Study Confirms Feasibility of New Extravascular Approach to ICD Therapy

Among 31 analysts covering Medtronic (NYSE:MDT), 20 have Buy rating, 0 Sell and 11 Hold. Therefore 65% are positive. Medtronic has $120 highest and $80.0 lowest target. $97.13’s average target is 9.12% above currents $89.01 stock price. Medtronic had 108 analyst reports since August 10, 2015 according to SRatingsIntel. The firm has “Hold” rating by Stifel Nicolaus given on Wednesday, November 23. The rating was maintained by Needham with “Buy” on Thursday, May 24. The rating was upgraded by Needham on Monday, August 13 to “Strong Buy”. On Friday, August 24 the stock rating was maintained by Citigroup with “Buy”. As per Tuesday, June 27, the company rating was maintained by Jefferies. The firm has “Buy” rating by Needham given on Tuesday, July 18. Morgan Stanley maintained the stock with “Equal-Weight” rating in Friday, May 25 report. Oppenheimer maintained Medtronic plc (NYSE:MDT) on Tuesday, July 18 with “Buy” rating. RBC Capital Markets maintained the stock with “Buy” rating in Sunday, August 20 report. The rating was maintained by UBS on Friday, August 26 with “Buy”.

Investors sentiment increased to 1.07 in 2018 Q3. Its up 0.09, from 0.98 in 2018Q2. It improved, as 24 investors sold MDT shares while 440 reduced holdings. 140 funds opened positions while 355 raised stakes. 1.02 billion shares or 0.96% less from 1.03 billion shares in 2018Q2 were reported. 29,300 were accumulated by Cohen Klingenstein Llc. Polaris Greystone Fincl Grp has invested 0.01% in Medtronic plc (NYSE:MDT). Virginia Retirement Systems Et Al reported 101,100 shares. Wg Shaheen And Dba Whitney And holds 439 shares or 0.01% of its portfolio. Tompkins Fin has invested 0.09% in Medtronic plc (NYSE:MDT). Bb&T Llc holds 0.39% or 403,566 shares. 430,120 were reported by Apg Asset Mgmt Nv. Forward Mgmt Ltd Limited Liability Company stated it has 9,431 shares or 0.16% of all its holdings. Miller Invest Mgmt Lp accumulated 25,165 shares or 0.75% of the stock. Lawson Kroeker Invest Management Inc Ne holds 0.29% or 9,213 shares in its portfolio. Gabelli Funds Limited Liability Company, a New York-based fund reported 112,700 shares. Telemus Ltd Com holds 0.09% or 11,590 shares in its portfolio. Blair William And Il holds 0.23% or 378,522 shares. Hrt Fincl Lc accumulated 2,082 shares or 0.03% of the stock. Stanley holds 11,436 shares or 0.28% of its portfolio.

Analysts await Medtronic plc (NYSE:MDT) to report earnings on February, 19. They expect $1.24 EPS, up 5.98% or $0.07 from last year’s $1.17 per share. MDT’s profit will be $1.67B for 17.95 P/E if the $1.24 EPS becomes a reality. After $1.22 actual EPS reported by Medtronic plc for the previous quarter, Wall Street now forecasts 1.64% EPS growth.

Benin Management Corp, which manages about $278.88M and $249.43M US Long portfolio, upped its stake in State Str Corp (NYSE:STT) by 51,180 shares to 84,010 shares, valued at $7.04M in 2018Q3, according to the filing.

More important recent Medtronic plc (NYSE:MDT) news were published by: Benzinga.com which released: “BTIG Says Buy The Dip In Medtronic (NYSE:MDT) – Benzinga” on January 15, 2019, also Seekingalpha.com published article titled: “Medtronic launches new spine surgery system in U.S. – Seeking Alpha”, Seekingalpha.com published: “Medtronic up 1% premarket on superDimension data – Seeking Alpha” on January 30, 2019. More interesting news about Medtronic plc (NYSE:MDT) was released by: Globenewswire.com and their article: “Medtronic to Acquire EPIX Therapeutics, Expanding Its Cardiac Ablation Portfolio – GlobeNewswire” with publication date: January 24, 2019.

Among 40 analysts covering Schlumberger Limited. (NYSE:SLB), 30 have Buy rating, 1 Sell and 9 Hold. Therefore 75% are positive. Schlumberger Limited. has $120 highest and $44 lowest target. $79.92’s average target is 86.82% above currents $42.78 stock price. Schlumberger Limited. had 164 analyst reports since July 22, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Wednesday, October 5 by Citigroup. RBC Capital Markets maintained the shares of SLB in report on Friday, September 1 with “Buy” rating. The company was maintained on Wednesday, September 30 by UBS. The rating was downgraded by Atlantic Securities to “Neutral” on Tuesday, June 27. Oppenheimer maintained the shares of SLB in report on Monday, October 19 with “Outperform” rating. The stock of Schlumberger Limited (NYSE:SLB) earned “Buy” rating by Jefferies on Wednesday, September 26. Citigroup upgraded the shares of SLB in report on Thursday, September 3 to “Buy” rating. Cowen & Co maintained Schlumberger Limited (NYSE:SLB) rating on Friday, July 7. Cowen & Co has “Buy” rating and $8000 target. The firm earned “Outperform” rating on Monday, January 25 by Cowen & Co. As per Monday, October 22, the company rating was maintained by UBS.

Guardian Investment Management, which manages about $230.45 million and $113.62M US Long portfolio, upped its stake in Illinois Tool Wks Inc (NYSE:ITW) by 3,250 shares to 13,868 shares, valued at $1.96 million in 2018Q3, according to the filing.

Investors sentiment increased to 0.97 in 2018 Q3. Its up 0.01, from 0.96 in 2018Q2. It improved, as 62 investors sold SLB shares while 512 reduced holdings. 112 funds opened positions while 446 raised stakes. 1.02 billion shares or 1.46% less from 1.04 billion shares in 2018Q2 were reported. Idaho-based Caprock Group has invested 0.19% in Schlumberger Limited (NYSE:SLB). Triangle Securities Wealth Mngmt stated it has 0.43% of its portfolio in Schlumberger Limited (NYSE:SLB). State Farm Mutual Automobile Ins holds 0.54% or 7.04M shares. Hall Laurie J Trustee, a Massachusetts-based fund reported 12,511 shares. Cape Cod Five Cents Bank accumulated 7,158 shares. Sterneck Capital Management Ltd Liability, a Missouri-based fund reported 3,801 shares. Coastline invested 0.14% in Schlumberger Limited (NYSE:SLB). Keybank National Association Oh invested in 521,778 shares or 0.18% of the stock. Guardian Investment Mgmt holds 1.11% of its portfolio in Schlumberger Limited (NYSE:SLB) for 20,625 shares. Amica Retiree Medical reported 6,285 shares stake. Baldwin Mngmt Limited Liability stated it has 0.39% of its portfolio in Schlumberger Limited (NYSE:SLB). Advent Cap Mngmt De holds 0% of its portfolio in Schlumberger Limited (NYSE:SLB) for 67 shares. Calamos Wealth Mgmt Limited Liability Corp holds 0.15% or 19,420 shares in its portfolio. 32.70 million are held by Massachusetts Fincl Svcs Co Ma. Brandywine Global Limited reported 2.07 million shares or 0.79% of all its holdings.

Schlumberger Limited (NYSE:SLB) Institutional Positions Chart