Van Den Berg Management I Raised Schlumberger LTD (SLB) Holding By $2.03 Million, Venator Capital Management LTD Cut Magna Intl (MGA) Stake

June 19, 2017 - By Dolores Ford

Venator Capital Management Ltd decreased Magna Intl Inc (MGA) stake by 56.82% reported in 2016Q4 SEC filing. Venator Capital Management Ltd sold 81,597 shares as Magna Intl Inc (MGA)’s stock declined 0.57%. The Venator Capital Management Ltd holds 62,000 shares with $2.69M value, down from 143,597 last quarter. Magna Intl Inc now has $16.22 billion valuation. The stock rose 2.32% or $1.01 reaching $44.47. About 770,734 shares traded. Magna International Inc. (USA) (NYSE:MGA) has risen 15.97% since June 19, 2016 and is uptrending. It has underperformed by 0.73% the S&P500.

Van Den Berg Management I Inc increased Schlumberger Ltd (SLB) stake by 23.26% reported in 2016Q4 SEC filing. Van Den Berg Management I Inc acquired 24,399 shares as Schlumberger Ltd (SLB)’s stock declined 11.04%. The Van Den Berg Management I Inc holds 129,292 shares with $10.85M value, up from 104,893 last quarter. Schlumberger Ltd now has $96.73 billion valuation. The stock declined 0.32% or $0.22 reaching $68.35 on the news. About 1.78 million shares traded. Schlumberger Limited. (NYSE:SLB) has declined 3.30% since June 19, 2016 and is downtrending. It has underperformed by 20.00% the S&P500.

Among 11 analysts covering Magna International (NYSE:MGA), 8 have Buy rating, 1 Sell and 2 Hold. Therefore 73% are positive. Magna International had 25 analyst reports since August 6, 2015 according to SRatingsIntel. The stock has “Hold” rating by Zacks on Thursday, August 6. TD Securities downgraded the shares of MGA in report on Friday, January 13 to “Hold” rating. As per Monday, February 27, the company rating was upgraded by Macquarie Research. The company was upgraded on Friday, May 12 by TD Securities. The rating was maintained by RBC Capital Markets with “Outperform” on Friday, January 6. The firm earned “Neutral” rating on Wednesday, November 9 by Macquarie Research. RBC Capital Markets maintained the stock with “Outperform” rating in Thursday, January 14 report. The firm has “Overweight” rating given on Friday, November 6 by JP Morgan. The firm has “Outperform” rating by RBC Capital Markets given on Friday, November 6. As per Thursday, March 17, the company rating was maintained by Morgan Stanley.

Since December 20, 2016, it had 1 buying transaction, and 3 selling transactions for $3.27 million activity. 40,000 shares were sold by Floridia Aaron Gatt, worth $2.77M on Monday, June 12. 5,000 shares valued at $407,700 were sold by SANDVOLD TORE I on Wednesday, March 1. Martellozo Gerard sold $424,132 worth of Schlumberger Limited. (NYSE:SLB) on Tuesday, December 20. 3,625 shares were bought by CURRIE PETER L S, worth $250,203 on Tuesday, May 30. The insider BELANI ASHOK sold 46,577 shares worth $3.98M.

Investors sentiment decreased to 1.06 in Q4 2016. Its down 0.03, from 1.09 in 2016Q3. It is negative, 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. Mar Vista Prtn Limited Liability invested 4.08% in Schlumberger Limited. (NYSE:SLB). New England & Management Incorporated accumulated 11,252 shares. Finemark National Bank And Tru accumulated 34,606 shares. Country Trust Bank & Trust stated it has 278,676 shares or 1.19% of all its holdings. Ranger Inv Management LP holds 553 shares. Hm Payson Company has invested 0.72% in Schlumberger Limited. (NYSE:SLB). Legacy Cap Prns reported 18,379 shares. Lynch & Assoc In, Indiana-based fund reported 13,725 shares. Daiwa Sb Invests holds 2.2% or 99,820 shares in its portfolio. Cannell Peter B has 1.29% invested in Schlumberger Limited. (NYSE:SLB). Utd Services Automobile Association holds 0.44% or 1.58M shares in its portfolio. Dupont Cap Mgmt Corporation holds 0.47% in Schlumberger Limited. (NYSE:SLB) or 248,023 shares. Cohen Lawrence B holds 38,171 shares or 1.95% of its portfolio. Birmingham Capital Co Incorporated Al accumulated 55,645 shares. Cornerstone accumulated 160,962 shares.

Van Den Berg Management I Inc decreased Goldcorp Inc New (NYSE:GG) stake by 34,500 shares to 32,927 valued at $448,000 in 2016Q4. It also reduced Pico Hldgs Inc (NASDAQ:PICO) stake by 40,475 shares and now owns 1.35M shares. Orion Group Holdings Inc (NYSE:ORN) was reduced too.

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