Schlumberger LTD (SLB) Stock Declined While Jfs Wealth Advisors Cut Stake; Packaging Amer Com (PKG) Holder Leavell Investment Management Has Upped Its Stake by $444,000 as Stock Value Rose

October 20, 2017 - By Louis Casey

Leavell Investment Management Inc increased its stake in Packaging Corp Amer Com (PKG) by 45.45% based on its latest 2017Q2 regulatory filing with the SEC. Leavell Investment Management Inc bought 4,000 shares as the company’s stock rose 4.29% with the market. The institutional investor held 12,800 shares of the containers and packaging company at the end of 2017Q2, valued at $1.43 million, up from 8,800 at the end of the previous reported quarter. Leavell Investment Management Inc who had been investing in Packaging Corp Amer Com for a number of months, seems to be bullish on the $11.17 billion market cap company. The stock increased 1.51% or $1.76 during the last trading session, reaching $118.36. About 596,227 shares traded. Packaging Corp Of America (NYSE:PKG) has risen 54.92% since October 20, 2016 and is uptrending. It has outperformed by 38.22% the S&P500.

Jfs Wealth Advisors Llc decreased its stake in Schlumberger Ltd (SLB) by 97.76% based on its latest 2017Q2 regulatory filing with the SEC. Jfs Wealth Advisors Llc sold 4,356 shares as the company’s stock declined 11.04% while stock markets rallied. The institutional investor held 100 shares of the oilfield services and equipment company at the end of 2017Q2, valued at $7,000, down from 4,456 at the end of the previous reported quarter. Jfs Wealth Advisors Llc who had been investing in Schlumberger Ltd for a number of months, seems to be less bullish one the $87.43 billion market cap company. The stock decreased 2.09% or $1.35 during the last trading session, reaching $63.15. About 19.16 million shares traded or 193.42% up from the average. Schlumberger Limited. (NYSE:SLB) has declined 3.30% since October 20, 2016 and is downtrending. It has underperformed by 20.00% the S&P500.

Leavell Investment Management Inc, which manages about $1.33B and $789.19M US Long portfolio, decreased its stake in General Dynamics Corp Com (NYSE:GD) by 2,200 shares to 17,543 shares, valued at $3.48M in 2017Q2, according to the filing. It also reduced its holding in Vanguard Star Fd Intl Stk Idxf (VXUS) by 6,921 shares in the quarter, leaving it with 96,552 shares, and cut its stake in Conocophillips Com (NYSE:COP).

Among 14 analysts covering Packaging Corporation of America (NYSE:PKG), 5 have Buy rating, 1 Sell and 8 Hold. Therefore 36% are positive. Packaging Corporation of America had 45 analyst reports since July 23, 2015 according to SRatingsIntel. Barclays Capital maintained Packaging Corp Of America (NYSE:PKG) on Monday, October 26 with “Equal Weight” rating. As per Monday, July 10, the company rating was downgraded by Wells Fargo. Buckingham Research downgraded Packaging Corp Of America (NYSE:PKG) on Monday, July 18 to “Neutral” rating. The company was upgraded on Friday, January 8 by Barclays Capital. The stock of Packaging Corp Of America (NYSE:PKG) earned “Neutral” rating by Goldman Sachs on Thursday, July 13. Jefferies maintained the stock with “Buy” rating in Monday, September 18 report. The firm has “Outperform” rating by BMO Capital Markets given on Wednesday, January 25. On Tuesday, July 4 the stock rating was maintained by Jefferies with “Buy”. On Tuesday, September 15 the stock rating was downgraded by Bank of America to “Neutral”. The firm has “Buy” rating given on Wednesday, June 28 by BMO Capital Markets.

More recent Packaging Corp Of America (NYSE:PKG) news were published by: Reuters.com which released: “DIARY-US EARNINGS WEEK AHEAD” on October 20, 2017. Also Nasdaq.com published the news titled: “Packaging Corp of America a Top 25 Dividend Giant With 2.17% Yield (PKG)” on September 25, 2017. Businesswire.com‘s news article titled: “Packaging Corporation of America Announces Agreement to Acquire Sacramento …” with publication date: August 21, 2017 was also an interesting one.

Investors sentiment decreased to 0.8 in Q2 2017. Its down 0.38, from 1.18 in 2017Q1. It fall, as 43 investors sold PKG shares while 167 reduced holdings. 49 funds opened positions while 119 raised stakes. 80.86 million shares or 1.25% more from 79.87 million shares in 2017Q1 were reported. Harvest Mngmt Lc stated it has 0.52% in Packaging Corp Of America (NYSE:PKG). Teachers Retirement System Of The State Of Kentucky invested in 67,414 shares. Skba Cap Mgmt Ltd Liability Com owns 61,550 shares. Westpac Banking Corporation has 0% invested in Packaging Corp Of America (NYSE:PKG). Northern Tru Corp reported 1.08M shares. The California-based California State Teachers Retirement has invested 0.04% in Packaging Corp Of America (NYSE:PKG). State Street reported 0.03% in Packaging Corp Of America (NYSE:PKG). First Finance Corporation In accumulated 0.04% or 500 shares. Caxton Assocs Ltd Partnership accumulated 5,300 shares. First Trust Advisors Limited Partnership invested 0.06% of its portfolio in Packaging Corp Of America (NYSE:PKG). Northwestern Mutual Wealth reported 1,451 shares stake. Ftb Advsrs has invested 0% in Packaging Corp Of America (NYSE:PKG). Captrust Financial Advsrs holds 0.06% or 5,879 shares in its portfolio. Wedge Mgmt L Limited Partnership Nc reported 1.28% stake. Royal Bancorporation Of Canada holds 0.01% of its portfolio in Packaging Corp Of America (NYSE:PKG) for 211,220 shares.

Jfs Wealth Advisors Llc, which manages about $1.43 billion and $364.14M US Long portfolio, upped its stake in Comcast Corp New (NASDAQ:CMCSA) by 19,398 shares to 43,578 shares, valued at $1.70 million in 2017Q2, according to the filing. It also increased its holding in Wisdomtree Tr (DLS) by 8,366 shares in the quarter, for a total of 108,630 shares, and has risen its stake in First Tr Morningstar Div Lea (FDL).

Among 33 analysts covering Schlumberger Limited. (NYSE:SLB), 25 have Buy rating, 1 Sell and 7 Hold. Therefore 76% are positive. Schlumberger Limited. had 113 analyst reports since July 22, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Saturday, August 22 by Evercore. The stock has “Outperform” rating by Cowen & Co on Wednesday, April 26. The firm has “Hold” rating given on Friday, May 5 by Bernstein. The stock of Schlumberger Limited. (NYSE:SLB) has “Hold” rating given on Monday, July 11 by Jefferies. The rating was maintained by BMO Capital Markets on Friday, September 4 with “Outperform”. The stock of Schlumberger Limited. (NYSE:SLB) has “Buy” rating given on Wednesday, July 5 by RBC Capital Markets. The firm earned “Equal-Weight” rating on Monday, March 28 by Barclays Capital. The rating was upgraded by Barclays Capital on Wednesday, April 20 to “Overweight”. Citigroup maintained it with “Buy” rating and $83 target in Wednesday, March 23 report. Howard Weil downgraded the stock to “Sector Ourperform” rating in Thursday, May 12 report.

Since May 30, 2017, it had 1 buying transaction, and 2 insider sales for $2.87 million activity. 3,625 Schlumberger Limited. (NYSE:SLB) shares with value of $250,203 were bought by CURRIE PETER L S. The insider SANDVOLD TORE I sold 5,000 shares worth $349,100.

Investors sentiment decreased to 0.88 in Q2 2017. Its down 0.29, from 1.17 in 2017Q1. It dived, as 99 investors sold SLB shares while 590 reduced holdings. 91 funds opened positions while 513 raised stakes. 1.07 billion shares or 0.68% less from 1.08 billion shares in 2017Q1 were reported. California-based Roof Eidam & Maycock Adv has invested 0.27% in Schlumberger Limited. (NYSE:SLB). Beck Mack Oliver Lc holds 920,691 shares. E&G Advsr Ltd Partnership stated it has 0.26% in Schlumberger Limited. (NYSE:SLB). Maryland Management reported 4,574 shares. 71,650 are held by Flippin Bruce And Porter. Lederer And Assocs Invest Counsel Ca holds 1% of its portfolio in Schlumberger Limited. (NYSE:SLB) for 15,730 shares. Pictet Cie (Europe) invested in 32,970 shares or 0.31% of the stock. Ironsides Asset Advisors Lc holds 5,850 shares. 9.51M were accumulated by Wells Fargo Com Mn. Sentinel Asset Mgmt Inc holds 0.7% of its portfolio in Schlumberger Limited. (NYSE:SLB) for 439,700 shares. Penn Davis Mcfarland Inc holds 3.45% or 176,696 shares in its portfolio. Argyle Capital Mgmt holds 0.96% or 35,780 shares in its portfolio. Spirit Of America Management Corp has 0.05% invested in Schlumberger Limited. (NYSE:SLB) for 6,375 shares. Adell Harriman Carpenter reported 38,384 shares stake. Broadview Ltd Com holds 0.08% or 8,700 shares.

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