As Schlumberger LTD (SLB) Shares Declined, Swarthmore Group Has Trimmed Position; As Automatic Data Processin (ADP) Stock Price Declined, Guyasuta Investment Advisors Cut Stake

May 21, 2018 - By Winifred Garcia

Automatic Data Processing, Inc. (NASDAQ:ADP) Logo

Guyasuta Investment Advisors Inc decreased its stake in Automatic Data Processin (ADP) by 4.17% based on its latest 2017Q4 regulatory filing with the SEC. Guyasuta Investment Advisors Inc sold 3,602 shares as the company’s stock declined 3.95% with the market. The institutional investor held 82,715 shares of the technology company at the end of 2017Q4, valued at $9.69M, down from 86,317 at the end of the previous reported quarter. Guyasuta Investment Advisors Inc who had been investing in Automatic Data Processin for a number of months, seems to be less bullish one the $57.00 billion market cap company. The stock increased 0.36% or $0.47 during the last trading session, reaching $129.38. About 364,586 shares traded. Automatic Data Processing, Inc. (NASDAQ:ADP) has risen 9.09% since May 21, 2017 and is uptrending. It has underperformed by 2.46% the S&P500.

Swarthmore Group Inc decreased its stake in Schlumberger Ltd (SLB) by 22.53% based on its latest 2017Q4 regulatory filing with the SEC. Swarthmore Group Inc sold 22,450 shares as the company’s stock declined 4.39% with the market. The institutional investor held 77,200 shares of the oilfield services and equipment company at the end of 2017Q4, valued at $5.20M, down from 99,650 at the end of the previous reported quarter. Swarthmore Group Inc who had been investing in Schlumberger Ltd for a number of months, seems to be less bullish one the $103.75B market cap company. The stock increased 0.82% or $0.61 during the last trading session, reaching $74.9. About 1.58 million 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.

Among 19 analysts covering Automatic Data (NASDAQ:ADP), 5 have Buy rating, 2 Sell and 12 Hold. Therefore 26% are positive. Automatic Data had 64 analyst reports since August 3, 2015 according to SRatingsIntel. The rating was maintained by BMO Capital Markets on Tuesday, September 12 with “Hold”. The rating was initiated by Wedbush on Friday, September 9 with “Neutral”. The firm earned “Hold” rating on Monday, January 22 by BMO Capital Markets. The stock of Automatic Data Processing, Inc. (NASDAQ:ADP) earned “Hold” rating by Robert W. Baird on Tuesday, October 3. RBC Capital Markets maintained Automatic Data Processing, Inc. (NASDAQ:ADP) rating on Monday, November 6. RBC Capital Markets has “Hold” rating and $100.0 target. The company was maintained on Thursday, July 27 by Stifel Nicolaus. Robert W. Baird downgraded the stock to “Neutral” rating in Friday, July 29 report. The stock has “Outperform” rating by Bernstein on Monday, July 11. The firm has “Sell” rating given on Friday, April 15 by Compass Point. Goldman Sachs upgraded the shares of ADP in report on Friday, December 16 to “Buy” rating.

More notable recent Automatic Data Processing, Inc. (NASDAQ:ADP) news were published by: Benzinga.com which released: “Chaikin: Don’t Worry, We’re In A Normal Market” on May 01, 2018, also Streetinsider.com with their article: “Sachem Head Capital Enters ADP (ADP), PagSeguro Digita (PAGS), WorldPay (WP) (more…) – 13F” published on May 15, 2018, Seekingalpha.com published: “ADP +3.2% on Q3 beat, raised full-year profit expectations” on May 02, 2018. More interesting news about Automatic Data Processing, Inc. (NASDAQ:ADP) were released by: Globenewswire.com and their article: “ADP Reports Third Quarter Fiscal 2018 Results” published on May 02, 2018 as well as Streetinsider.com‘s news article titled: “Sachem Head, DE Shaw bought ADP stock in first quarter” with publication date: May 15, 2018.

Guyasuta Investment Advisors Inc, which manages about $984.22 million and $882.53 million US Long portfolio, upped its stake in Comcast Corp New (NASDAQ:CMCSA) by 125,985 shares to 254,995 shares, valued at $10.21 million in 2017Q4, according to the filing. It also increased its holding in Advanced Disp Svcs Inc D by 23,084 shares in the quarter, for a total of 74,359 shares, and has risen its stake in Vistra Energy Corp.

Analysts await Automatic Data Processing, Inc. (NASDAQ:ADP) to report earnings on July, 26. They expect $0.89 earnings per share, up 36.92% or $0.24 from last year’s $0.65 per share. ADP’s profit will be $392.07M for 36.34 P/E if the $0.89 EPS becomes a reality. After $1.52 actual earnings per share reported by Automatic Data Processing, Inc. for the previous quarter, Wall Street now forecasts -41.45% negative EPS growth.

Since December 31, 2017, it had 0 insider buys, and 27 insider sales for $43.50 million activity. Albinson Brock had sold 947 shares worth $115,319 on Monday, January 22. Weinstein Donald had sold 3,242 shares worth $405,250 on Wednesday, January 31. Black Maria also sold $577,837 worth of Automatic Data Processing, Inc. (NASDAQ:ADP) shares. $92,720 worth of Automatic Data Processing, Inc. (NASDAQ:ADP) was sold by Perrotti Thomas J on Tuesday, January 23. Another trade for 28,930 shares valued at $3.53 million was made by Bonarti Michael A on Tuesday, January 23. Another trade for 20,909 shares valued at $2.42 million was made by Politi Douglas W on Monday, January 1.

Investors sentiment increased to 0.8 in 2017 Q4. Its up 0.12, from 0.68 in 2017Q3. It is positive, as 50 investors sold ADP shares while 442 reduced holdings. 113 funds opened positions while 282 raised stakes. 338.15 million shares or 1.20% less from 342.26 million shares in 2017Q3 were reported. 23,271 are held by Meiji Yasuda Asset Ltd. Smithfield holds 0.2% in Automatic Data Processing, Inc. (NASDAQ:ADP) or 14,203 shares. Markston Lc owns 0.94% invested in Automatic Data Processing, Inc. (NASDAQ:ADP) for 77,675 shares. New York-based Grandfield Dodd Limited Company has invested 0.15% in Automatic Data Processing, Inc. (NASDAQ:ADP). Massachusetts-based Fernwood Invest Management Limited Com has invested 0.35% in Automatic Data Processing, Inc. (NASDAQ:ADP). Stephens Inc Ar reported 0.32% stake. Gyroscope Capital Mngmt Group Inc Limited Liability Company holds 0.19% or 3,544 shares. Winfield Associates Inc has invested 0.01% in Automatic Data Processing, Inc. (NASDAQ:ADP). Martingale Asset Management Limited Partnership stated it has 4,515 shares or 0.01% of all its holdings. Cincinnati Ins Company holds 0.99% or 295,300 shares. Sandy Spring Comml Bank stated it has 0.27% in Automatic Data Processing, Inc. (NASDAQ:ADP). Stone Ridge Asset Management Ltd has 43,737 shares. Teachers Retirement Of The State Of Kentucky reported 0.07% stake. Waratah Capital Advsr, Ontario – Canada-based fund reported 80,834 shares. Martin Currie Limited reported 119,223 shares.

Swarthmore Group Inc, which manages about $1.77 billion and $468.19M US Long portfolio, upped its stake in Select Sector Spdr Tr (XLE) by 16,175 shares to 114,675 shares, valued at $8.29 million in 2017Q4, according to the filing. It also increased its holding in Ishares Tr (IVV) by 1,875 shares in the quarter, for a total of 648,175 shares, and has risen its stake in Select Sector Spdr Tr (XLF).

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. Cowen & Co maintained Schlumberger Limited (NYSE:SLB) rating on Thursday, January 11. Cowen & Co has “Buy” rating and $85.0 target. On Thursday, October 5 the stock rating was maintained by Citigroup with “Buy”. Credit Suisse maintained Schlumberger Limited (NYSE:SLB) on Monday, April 4 with “Outperform” rating. The rating was upgraded by Suntrust Robinson on Thursday, April 20 to “Buy”. The firm earned “Outperform” rating on Monday, January 25 by Cowen & Co. The stock has “Neutral” rating by Guggenheim on Tuesday, May 10. On Wednesday, August 26 the stock rating was upgraded by Standpoint Research to “Hold”. The firm has “Buy” rating given on Monday, January 22 by FBR Capital. As per Monday, October 5, the company rating was maintained by Citigroup. On Wednesday, September 30 the stock rating was maintained by UBS with “Buy”.

Investors sentiment decreased to 0.66 in Q4 2017. 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. High Pointe Cap Management Ltd Liability Corp, Illinois-based fund reported 21,071 shares. Farmers Trust owns 52,862 shares for 1.06% of their portfolio. Iowa Savings Bank reported 0.89% of its portfolio in Schlumberger Limited (NYSE:SLB). Thrivent Finance For Lutherans reported 61,938 shares. First Allied Advisory Ser Incorporated holds 30,907 shares. 15,446 were reported by Wafra Invest Advisory Grp. 793,395 were accumulated by Pictet Asset Management Limited. Mcdaniel Terry stated it has 192,721 shares. The Delaware-based Riverhead Cap Management Ltd Liability Co has invested 0.08% in Schlumberger Limited (NYSE:SLB). Geode Management Lc stated it has 14.13M shares or 0.32% of all its holdings. Axiom Investors Limited De invested in 0.52% or 310,570 shares. Douglass Winthrop Advsr Ltd Liability has invested 0.14% of its portfolio in Schlumberger Limited (NYSE:SLB). 280,086 were accumulated by Cibc Mkts. 11,638 were reported by First State Bank Trust. Thomas Story And Son Limited Co holds 2.13% of its portfolio in Schlumberger Limited (NYSE:SLB) for 55,389 shares.

Since January 22, 2018, it had 3 insider buys, and 3 insider sales for $6.93 million activity. Shares for $218,049 were sold by Jaramillo Claudia on Wednesday, May 16. 5,000 shares were bought by Schorn Patrick, worth $323,950. $5.91 million worth of stock was sold by AYAT SIMON on Wednesday, January 24. Shares for $1.96M were sold by Guild Howard on Monday, January 22. KIBSGAARD PAAL also bought $646,800 worth of Schlumberger Limited (NYSE:SLB) on Monday, March 26.

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.

Analysts await Schlumberger Limited (NYSE:SLB) to report earnings on July, 20. They expect $0.46 earnings per share, up 31.43% or $0.11 from last year’s $0.35 per share. SLB’s profit will be $637.16 million for 40.71 P/E if the $0.46 EPS becomes a reality. After $0.38 actual earnings per share reported by Schlumberger Limited for the previous quarter, Wall Street now forecasts 21.05% EPS growth.

Automatic Data Processing, Inc. (NASDAQ:ADP) Institutional Positions Chart

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