Symons Capital Management Trimmed Its The Aes Corp. (AES) Position by $888,830; Market Valuation Rose; Horan Capital Advisors Cut Its Schlumberger LTD (SLB) Stake by $405,752; Stock Price Declined

May 21, 2018 - By Michael Collier

The AES Corporation (NYSE:AES) Logo

Horan Capital Advisors Llc decreased its stake in Schlumberger Ltd (SLB) by 20.07% based on its latest 2017Q4 regulatory filing with the SEC. Horan Capital Advisors Llc sold 6,056 shares as the company’s stock declined 4.39% with the market. The institutional investor held 24,115 shares of the oilfield services and equipment company at the end of 2017Q4, valued at $1.63 million, down from 30,171 at the end of the previous reported quarter. Horan Capital Advisors Llc who had been investing in Schlumberger Ltd for a number of months, seems to be less bullish one the $103.05B market cap company. The stock increased 0.15% or $0.11 during the last trading session, reaching $74.4. About 259,774 shares traded. Schlumberger Limited (NYSE:SLB) has declined 16.28% since May 21, 2017 and is downtrending. It has underperformed by 27.83% the S&P500.

Symons Capital Management Inc decreased its stake in The Aes Corp. (AES) by 7.83% based on its latest 2017Q4 regulatory filing with the SEC. Symons Capital Management Inc sold 88,883 shares as the company’s stock rose 2.24% while stock markets declined. The institutional investor held 1.05 million shares of the central company at the end of 2017Q4, valued at $11.32M, down from 1.13 million at the end of the previous reported quarter. Symons Capital Management Inc who had been investing in The Aes Corp. for a number of months, seems to be less bullish one the $7.92 billion market cap company. The stock increased 0.34% or $0.04 during the last trading session, reaching $11.97. About 215,920 shares traded. The AES Corporation (NYSE:AES) has declined 1.62% since May 21, 2017 and is downtrending. It has underperformed by 13.17% the S&P500.

Investors sentiment decreased to 0.85 in 2017 Q4. Its down 0.47, from 1.32 in 2017Q3. It dived, as 51 investors sold AES shares while 155 reduced holdings. 46 funds opened positions while 129 raised stakes. 597.29 million shares or 0.16% more from 596.31 million shares in 2017Q3 were reported. Kbc Gru Nv has 0.01% invested in The AES Corporation (NYSE:AES). State Of New Jersey Common Pension Fund D has 280,000 shares. 2,123 are held by Guardian Life Of America. Teacher Retirement Systems Of Texas has invested 0.05% in The AES Corporation (NYSE:AES). Oppenheimer And Company Incorporated has invested 0% in The AES Corporation (NYSE:AES). Lpl Financial Lc owns 48,483 shares or 0% of their US portfolio. Ironwood Invest Ltd Com reported 0.18% in The AES Corporation (NYSE:AES). First Allied Advisory Serv Incorporated holds 0.02% or 48,708 shares. Sg Americas Securities Ltd Liability invested in 0.02% or 179,455 shares. Panagora Asset Mngmt invested in 123,720 shares. Nordea Investment Mgmt reported 0.02% in The AES Corporation (NYSE:AES). 580 are owned by Tarbox Family Office Incorporated. Thompson Siegel And Walmsley Ltd Liability Corporation invested 1.65% in The AES Corporation (NYSE:AES). First Trust Advsrs Limited Partnership stated it has 400,591 shares. Credit Suisse Ag reported 1.51 million shares.

Among 11 analysts covering AES Corporation (NYSE:AES), 4 have Buy rating, 0 Sell and 7 Hold. Therefore 36% are positive. AES Corporation had 21 analyst reports since September 24, 2015 according to SRatingsIntel. The firm earned “Equal Weight” rating on Tuesday, October 4 by Barclays Capital. On Monday, November 13 the stock rating was upgraded by Bank of America to “Buy”. The stock of The AES Corporation (NYSE:AES) earned “Hold” rating by Argus Research on Monday, October 19. Bank of America downgraded the shares of AES in report on Tuesday, November 22 to “Underperform” rating. The firm has “Sel” rating by UBS given on Monday, October 3. The firm has “Peer Perform” rating by Wolfe Research given on Wednesday, November 4. RBC Capital Markets downgraded the stock to “Sector Perform” rating in Wednesday, January 4 report. The stock of The AES Corporation (NYSE:AES) has “Hold” rating given on Thursday, March 23 by Argus Research. The stock has “Overweight” rating by JP Morgan on Monday, March 19. The rating was downgraded by Bank of America to “Hold” on Wednesday, May 16.

More news for The AES Corporation (NYSE:AES) were recently published by: Globenewswire.com, which released: “Market Trends Toward New Normal in The AES, Immune Pharmaceuticals, Hercules Capital, Zendesk, Chevron, and …” on May 07, 2018. Seekingalpha.com‘s article titled: “AES Corp’s (AES) CEO Andrés Weilert on Q1 2018 Results – Earnings Call Transcript” and published on May 08, 2018 is yet another important article.

Analysts await The AES Corporation (NYSE:AES) to report earnings on August, 14. They expect $0.29 earnings per share, up 16.00% or $0.04 from last year’s $0.25 per share. AES’s profit will be $191.81 million for 10.32 P/E if the $0.29 EPS becomes a reality. After $0.28 actual earnings per share reported by The AES Corporation for the previous quarter, Wall Street now forecasts 3.57% EPS growth.

Analysts await Schlumberger Limited (NYSE:SLB) to report earnings on July, 20. They expect $0.46 EPS, up 31.43% or $0.11 from last year’s $0.35 per share. SLB’s profit will be $637.16M for 40.43 P/E if the $0.46 EPS becomes a reality. After $0.38 actual EPS reported by Schlumberger Limited for the previous quarter, Wall Street now forecasts 21.05% EPS growth.

Another recent and important Schlumberger Limited (NYSE:SLB) news was published by Seekingalpha.com which published an article titled: “Schlumberger Looks To Move Higher” on April 23, 2018.

Among 39 analysts covering Schlumberger Limited. (NYSE:SLB), 32 have Buy rating, 1 Sell and 6 Hold. Therefore 82% are positive. Schlumberger Limited. had 148 analyst reports since July 22, 2015 according to SRatingsIntel. The stock of Schlumberger Limited (NYSE:SLB) earned “Buy” rating by Susquehanna on Monday, January 22. The stock has “Sell” rating by Griffen Securities on Monday, April 25. Credit Suisse maintained the shares of SLB in report on Monday, April 4 with “Outperform” rating. The stock of Schlumberger Limited (NYSE:SLB) earned “Mkt Perform” rating by Bernstein on Friday, December 2. The stock of Schlumberger Limited (NYSE:SLB) earned “Buy” rating by Jefferies on Tuesday, November 15. BMO Capital Markets downgraded the stock to “Market Perform” rating in Wednesday, October 11 report. Credit Suisse maintained the shares of SLB in report on Monday, January 22 with “Buy” rating. The rating was initiated by DA Davidson with “Buy” on Friday, February 19. The firm earned “Buy” rating on Monday, April 23 by Credit Suisse. Piper Jaffray maintained Schlumberger Limited (NYSE:SLB) rating on Thursday, July 20. Piper Jaffray has “Buy” rating and $7600 target.

Since January 22, 2018, it had 3 insider buys, and 3 insider sales for $6.93 million activity. 75,000 shares were sold by AYAT SIMON, worth $5.91 million on Wednesday, January 24. $323,950 worth of Schlumberger Limited (NYSE:SLB) was bought by Schorn Patrick. 3,000 shares were sold by Jaramillo Claudia, worth $218,049. Shares for $1.96M were sold by Guild Howard. $192,900 worth of Schlumberger Limited (NYSE:SLB) was bought by Al Mogharbel Khaled.

Horan Capital Advisors Llc, which manages about $224.00 million and $153.71 million US Long portfolio, upped its stake in Procter And Gamble Co (NYSE:PG) by 3,344 shares to 32,319 shares, valued at $2.97M in 2017Q4, according to the filing.

Investors sentiment decreased to 0.66 in 2017 Q4. Its down 0.22, from 0.88 in 2017Q3. It dived, as 90 investors sold SLB shares while 672 reduced holdings. 140 funds opened positions while 365 raised stakes. 1.05 billion shares or 11.89% less from 1.20 billion shares in 2017Q3 were reported. Bank Of The Ozarks owns 6,997 shares. Wesbanco Savings Bank reported 0.17% in Schlumberger Limited (NYSE:SLB). Quadrant Limited owns 30,665 shares. Peninsula Asset Mgmt Inc invested in 21,165 shares or 1.06% of the stock. Tiaa Cref Investment Mngmt Ltd Limited Liability Company, New York-based fund reported 6.61M shares. Aldebaran Financial Incorporated holds 0.36% or 8,095 shares. Janney Mngmt Limited Liability Co has invested 0.01% in Schlumberger Limited (NYSE:SLB). Hrt Finance owns 0.73% invested in Schlumberger Limited (NYSE:SLB) for 10,659 shares. Heartland Advisors invested in 1.03% or 237,032 shares. Cobblestone Advsrs Limited Co accumulated 8,915 shares or 0.06% of the stock. Parallax Volatility Advisers Limited Partnership has 32,360 shares for 0% of their portfolio. Telemus Capital invested in 0.22% or 42,761 shares. Granite Inv Prns Ltd Company accumulated 0.27% or 62,707 shares. Swiss State Bank accumulated 5.46 million shares or 0.4% of the stock. Schroder Inv Mngmt Gru owns 3.15M shares for 0.35% of their portfolio.

Schlumberger Limited (NYSE:SLB) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:


>