On 7/25/2016, shares of Schlumberger N.V. (NYSE:SLB) fell -1.10% in trading session and finally closed at $80.71. The Highest and Lowest Price Target expectation is of $110.00 and $69.00, respectively. Analysts had an estimated revenue of $7.09B.
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Analysts at William Blair reduced their FY2016 EPS estimates for Schlumberger NV in a research report issued to clients and investors on Monday. (NYSE:SLB) recently. The rating firm gave a Sector Outperform rating to this stock in a research note on May 12, 2016. Schlumberger Limited has principal offices in Paris, Houston, London and The Hague, and reported revenues of $35.47 billion in 2015. The stock had a trading volume of 11.7 M shares. The 52-week high of the shares is $86.61 and the 52 week low is $59.6. The corporation holds 1363.32 million outstanding shares and its 1363.32 million shares were floated in the market.
Schlumberger N.V. (SLB):The total money flow, which is calculated as the dollar value of composite uptick minus downtick trades was negative ($13.88 million) and the uptick to downtick ratio was 0.92.
The average estimate of EPS for the current financial quarter, company stands at $0.24 while the Earning per share for the current fiscal year is fixed at $1.16 by 40 analysts. Now shares have been rated as “Buy” from 15 Analysts.
Several large investors have made changes to their positions in SLB. First Trust Advisors LP raised its stake in shares of Schlumberger NV by 3.0% in the fourth quarter. The total amount of the transaction was worth $2,628,560, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing. The shares have been rated “Conviction Buy” by the firm. Veritas Investment Management UK Ltd now owns 116,821 shares of the company’s stock worth $8,148,000 after buying an additional 25,320 shares during the last quarter. Grandfield & Dodd LLC boosted its position in shares of Schlumberger NV by 1.2% in the fourth quarter. NY raised its position in shares of Schlumberger NV by 26.2% in the fourth quarter. Schwartz Investment Counsel Inc. now owns 491,275 shares of the company’s stock worth $34,266,000 after buying an additional 27,250 shares in the last quarter. Sei Investments Co. now owns 635,161 shares of the company’s stock worth $44,303,000 after buying an additional 604,148 shares during the period. 1 analysts have suggested “Sell” for the company.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 14th. The disclosure for this purchase can be found here. Shareholders of record on Wednesday, September 7th will be issued a $0.50 dividend.
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Working in more than 85 countries and employing approximately 100,000 people who represent over 140 nationalities, Schlumberger supplies the industry’s most comprehensive range of products and services, from exploration through production, and integrated pore-to-pipeline solutions that optimize hydrocarbon recovery to deliver reservoir performance. The Firm operates in the oilfield service markets through three groups: Reservoir Characterization, Drilling and Production.
