As Kmg Chemicals (KMG) Share Price Rose, Shareholder Trigran Investments Decreased Stake; Motco Holds Position in Schlumberger Limited (SLB)

January 12, 2018 - By Maria Brooks

Motco increased its stake in Schlumberger Limited (SLB) by 92.72% based on its latest 2017Q3 regulatory filing with the SEC. Motco bought 43,400 shares as the company’s stock declined 11.04% while stock markets rallied. The institutional investor held 90,210 shares of the oilfield services and equipment company at the end of 2017Q3, valued at $6.29 million, up from 46,810 at the end of the previous reported quarter. Motco who had been investing in Schlumberger Limited for a number of months, seems to be bullish on the $107.90 billion market cap company. The stock increased 1.09% or $0.84 during the last trading session, reaching $77.89. About 3.89 million shares traded. Schlumberger Limited (NYSE:SLB) has declined 3.30% since January 12, 2017 and is downtrending. It has underperformed by 20.00% the S&P500.

Douglas T. Granat decreased its stake in Kmg Chemicals Inc (KMG) by 22.2% based on its latest 2017Q3 regulatory filing with the SEC. Trigran Investments Inc sold 170,247 shares as the company’s stock rose 52.84% with the market. The hedge fund run by Douglas T. Granat held 596,752 shares of the basic industries company at the end of 2017Q3, valued at $32.75 million, down from 766,999 at the end of the previous reported quarter. Trigran Investments Inc who had been investing in Kmg Chemicals Inc for a number of months, seems to be less bullish one the $1.01B market cap company. The stock decreased 1.70% or $1.14 during the last trading session, reaching $65.89. About 84,993 shares traded. KMG Chemicals, Inc. (NYSE:KMG) has risen 169.63% since January 12, 2017 and is uptrending. It has outperformed by 152.93% the S&P500.

Investors sentiment is 0.88 in Q3 2017. Its the same as in 2017Q2. It is the same, as 69 investors sold SLB shares while 596 reduced holdings. only 105 funds opened positions while 481 raised stakes. 1.20 billion shares or 11.55% more from 1.07 billion shares in 2017Q2 were reported. Compton Cap Inc Ri has invested 0.18% in Schlumberger Limited (NYSE:SLB). Northwestern Mutual Wealth Mgmt owns 0.1% invested in Schlumberger Limited (NYSE:SLB) for 202,766 shares. Sequent Asset Mgmt Ltd Llc has 13.8% invested in Schlumberger Limited (NYSE:SLB). Northern Cross Lc holds 15.46% in Schlumberger Limited (NYSE:SLB) or 17.22M shares. Martin Tn, a Tennessee-based fund reported 24,239 shares. Wedge Capital Mngmt L LP Nc holds 0.15% of its portfolio in Schlumberger Limited (NYSE:SLB) for 226,810 shares. Cornerstone Cap holds 204,963 shares. Security Comml Bank Of So Dak has 1.21% invested in Schlumberger Limited (NYSE:SLB) for 15,184 shares. California-based Cap Guardian Trust has invested 0.64% in Schlumberger Limited (NYSE:SLB). Hemenway Trust Ltd Llc owns 101,234 shares. Asset Management One stated it has 0.36% in Schlumberger Limited (NYSE:SLB). 1.16M are held by Sarasin Prns Llp. Connor Clark Lunn Invest Mgmt Ltd, British Columbia – Canada-based fund reported 9,450 shares. Advisory Group Inc holds 0.08% in Schlumberger Limited (NYSE:SLB) or 3,412 shares. Checchi Capital Advisers Ltd Limited Liability Company accumulated 9,662 shares.

Motco, which manages about $976.26M US Long portfolio, decreased its stake in Thermo Fisher Scientific Inc (NYSE:TMO) by 1,935 shares to 31,378 shares, valued at $5.94M in 2017Q3, according to the filing. It also reduced its holding in Valero Energy New (NYSE:VLO) by 50,479 shares in the quarter, leaving it with 5,994 shares, and cut its stake in 361 Capital Managed Futures Strategy (AMFZX).

Among 35 analysts covering Schlumberger Limited. (NYSE:SLB), 27 have Buy rating, 1 Sell and 7 Hold. Therefore 77% are positive. Schlumberger Limited. had 126 analyst reports since July 22, 2015 according to SRatingsIntel. The stock has “Buy” rating by Cowen & Co on Friday, July 7. The rating was maintained by Wells Fargo on Friday, October 20 with “Buy”. The firm has “Outperform” rating by Oppenheimer given on Thursday, October 1. RBC Capital Markets maintained Schlumberger Limited (NYSE:SLB) on Thursday, December 21 with “Buy” rating. The stock of Schlumberger Limited (NYSE:SLB) earned “Buy” rating by Citigroup on Wednesday, March 23. The firm has “Sector Ourperform” rating given on Thursday, May 12 by Howard Weil. The firm has “Buy” rating given on Monday, October 5 by Citigroup. As per Friday, May 5, the company rating was maintained by Bernstein. Evercore maintained it with “Buy” rating and $106 target in Saturday, August 22 report. Oppenheimer maintained the stock with “Outperform” rating in Monday, January 25 report.

Since October 24, 2017, it had 0 insider buys, and 1 insider sale for $219,205 activity.

Since July 31, 2017, it had 0 buys, and 28 sales for $17.11 million activity.

Among 4 analysts covering KMG Chemicals (NYSE:KMG), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. KMG Chemicals had 8 analyst reports since August 12, 2015 according to SRatingsIntel. The stock of KMG Chemicals, Inc. (NYSE:KMG) earned “Hold” rating by Gabelli on Wednesday, December 14. The stock of KMG Chemicals, Inc. (NYSE:KMG) has “Strong-Buy” rating given on Wednesday, August 12 by Zacks. As per Monday, May 1, the company rating was upgraded by Gabelli. The rating was upgraded by Global Hunter Securities to “Neutral” on Wednesday, August 26. The stock of KMG Chemicals, Inc. (NYSE:KMG) earned “Buy” rating by Seaport Global Securities on Friday, December 11. On Monday, August 31 the stock rating was downgraded by Zacks to “Hold”. The stock of KMG Chemicals, Inc. (NYSE:KMG) earned “Buy” rating by KeyBanc Capital Markets on Wednesday, December 13.

Analysts await KMG Chemicals, Inc. (NYSE:KMG) to report earnings on March, 12. They expect $0.71 earnings per share, up 24.56% or $0.14 from last year’s $0.57 per share. KMG’s profit will be $10.92M for 23.20 P/E if the $0.71 EPS becomes a reality. After $0.83 actual earnings per share reported by KMG Chemicals, Inc. for the previous quarter, Wall Street now forecasts -14.46% negative EPS growth.

Investors sentiment decreased to 0.95 in 2017 Q3. Its down 0.71, from 1.66 in 2017Q2. It turned negative, as 14 investors sold KMG shares while 47 reduced holdings. 21 funds opened positions while 37 raised stakes. 8.47 million shares or 0.73% less from 8.53 million shares in 2017Q2 were reported. Massachusetts-based Wellington Management Llp has invested 0% in KMG Chemicals, Inc. (NYSE:KMG). Ny State Common Retirement Fund has invested 0% of its portfolio in KMG Chemicals, Inc. (NYSE:KMG). Bnp Paribas Arbitrage Sa owns 0% invested in KMG Chemicals, Inc. (NYSE:KMG) for 962 shares. Swiss Bank & Trust has invested 0% of its portfolio in KMG Chemicals, Inc. (NYSE:KMG). Vanguard Group Inc Inc holds 0% or 407,003 shares. Victory Mngmt Inc has 0% invested in KMG Chemicals, Inc. (NYSE:KMG). Numeric Investors Lc owns 235,129 shares for 0.1% of their portfolio. Legal And General Group Incorporated Plc, United Kingdom-based fund reported 2,485 shares. Ativo Management Limited Company holds 0.29% or 20,003 shares in its portfolio. Perritt Mgmt owns 22,806 shares for 0.33% of their portfolio. The Massachusetts-based State Street has invested 0% in KMG Chemicals, Inc. (NYSE:KMG). Parametric Portfolio Associates Lc has 23,832 shares for 0% of their portfolio. Thomson Horstmann And Bryant owns 25,320 shares or 0.19% of their US portfolio. The Massachusetts-based Redwood Invests Ltd Liability Co has invested 0.82% in KMG Chemicals, Inc. (NYSE:KMG). Mufg Americas Corp holds 145 shares.

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