As Flexsteel Inds Com (FLXS) Share Price Declined, Shareholder North Star Investment Management Lifted Its Position; Schlumberger LTD (SLB) Holder Alps Advisors Has Raised Holding by $36.04 Million as Valuation Declined

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Alps Advisors Inc increased its stake in Schlumberger Ltd (SLB) by 4239.85% based on its latest 2018Q4 regulatory filing with the SEC. Alps Advisors Inc bought 1.00M shares as the company’s stock declined 2.52% while stock markets rallied. The institutional investor held 1.02 million shares of the oilfield services and equipment company at the end of 2018Q4, valued at $36.97 million, up from 23,612 at the end of the previous reported quarter. Alps Advisors Inc who had been investing in Schlumberger Ltd for a number of months, seems to be bullish on the $58.75B market cap company. The stock decreased 1.62% or $0.7 during the last trading session, reaching $42.39. About 14.15M shares traded or 9.49% up from the average. Schlumberger Limited (NYSE:SLB) has declined 30.63% since March 17, 2018 and is downtrending. It has underperformed by 35.00% the S&P500. Some Historical SLB News: 25/04/2018 – Schlumberger: Helge Lund Resigns From Board; 06/03/2018 – CERAWEEK – SCHLUMBERGER’S KIBSGAARD SAYS GLOBAL OIL MARKET IS UNBALANCED, INVESTMENT LEVELS ‘TOO LOW’ TO MEET MEDIUM-TERM DEMAND REQUIREMENTS; 20/04/2018 – SCHLUMBERGER NV – QTRLY PRETAX OPERATING MARGIN OF 12.4% VS 11.0% REPORTED LAST YEAR

North Star Investment Management Corp increased its stake in Flexsteel Inds Inc Com (FLXS) by 27.52% based on its latest 2018Q4 regulatory filing with the SEC. North Star Investment Management Corp bought 29,775 shares as the company’s stock declined 0.32% while stock markets rallied. The institutional investor held 137,950 shares of the consumer durables company at the end of 2018Q4, valued at $3.05M, up from 108,175 at the end of the previous reported quarter. North Star Investment Management Corp who had been investing in Flexsteel Inds Inc Com for a number of months, seems to be bullish on the $187.63 million market cap company. The stock decreased 0.08% or $0.02 during the last trading session, reaching $23.78. About 32,021 shares traded or 18.25% up from the average. Flexsteel Industries, Inc. (NASDAQ:FLXS) has declined 34.30% since March 17, 2018 and is downtrending. It has underperformed by 38.67% the S&P500. Some Historical FLXS News: 20/04/2018 – DJ Flexsteel Industries Inc, Inst Holders, 1Q 2018 (FLXS); 06/03/2018 Flexsteel Announces Quarterly Dividend; 26/04/2018 – Flexsteel 3Q EPS 72c

Since February 7, 2019, it had 1 buying transaction, and 0 insider sales for $49,194 activity.

More notable recent Flexsteel Industries, Inc. (NASDAQ:FLXS) news were published by: Seekingalpha.com which released: “Flexsteel Or Flexsteal? – Seeking Alpha” on August 02, 2018, also Businesswire.com with their article: “Flexsteel Appoints William S. Creekmuir to its Board of Directors – Business Wire” published on January 10, 2019, Businesswire.com published: “Flexsteel Taps Dubow and Murphy to Bolster Marketing Team – Business Wire” on January 24, 2018. More interesting news about Flexsteel Industries, Inc. (NASDAQ:FLXS) were released by: Businesswire.com and their article: “Flexsteel Reports Fourth Quarter Results – Business Wire” published on August 23, 2018 as well as Marketwatch.com‘s news article titled: “Here’s a winning strategy for harvesting short-term stock losses – MarketWatch” with publication date: December 18, 2018.

Investors sentiment decreased to 1.48 in 2018 Q4. Its down 0.16, from 1.64 in 2018Q3. It turned negative, as 10 investors sold FLXS shares while 15 reduced holdings. 12 funds opened positions while 25 raised stakes. 4.87 million shares or 0.44% less from 4.89 million shares in 2018Q3 were reported. Deutsche National Bank & Trust Ag reported 0% in Flexsteel Industries, Inc. (NASDAQ:FLXS). Moreover, Tower Capital Limited (Trc) has 0% invested in Flexsteel Industries, Inc. (NASDAQ:FLXS) for 642 shares. Ameritas Prtnrs accumulated 560 shares. Morgan Stanley reported 32,140 shares. Bridgeway Cap Mngmt invested in 33,800 shares. Jpmorgan Chase stated it has 0% of its portfolio in Flexsteel Industries, Inc. (NASDAQ:FLXS). Natl Bank Of America Corporation De owns 0% invested in Flexsteel Industries, Inc. (NASDAQ:FLXS) for 6,336 shares. Renaissance Technology Limited owns 150,900 shares or 0% of their US portfolio. Rhumbline Advisers owns 0% invested in Flexsteel Industries, Inc. (NASDAQ:FLXS) for 10,440 shares. At Commercial Bank owns 345,757 shares. Tiaa Cref Management Ltd reported 14,779 shares. Blackrock Inc has invested 0% in Flexsteel Industries, Inc. (NASDAQ:FLXS). Parthenon Ltd Com holds 0.17% or 30,480 shares in its portfolio. Earnest Ptnrs Limited Liability, a Georgia-based fund reported 1,100 shares. New York-based Gp Inc has invested 0% in Flexsteel Industries, Inc. (NASDAQ:FLXS).

North Star Investment Management Corp, which manages about $765.97 million US Long portfolio, decreased its stake in Templeton Global Income Fd Inc (GIM) by 184,157 shares to 1.53 million shares, valued at $9.19 million in 2018Q4, according to the filing. It also reduced its holding in United Parcel Service Inc (NYSE:UPS) by 6,835 shares in the quarter, leaving it with 44,876 shares, and cut its stake in Walgreens Boots Alliance Inc Com.

Alps Advisors Inc, which manages about $13.32 billion and $12.89B US Long portfolio, decreased its stake in General Electric (NYSE:GE) by 3.63M shares to 113,041 shares, valued at $856,000 in 2018Q4, according to the filing. It also reduced its holding in Occidental Pete (NYSE:OXY) by 8,236 shares in the quarter, leaving it with 614,927 shares, and cut its stake in Cardinal Health (NYSE:CAH).

More news for Schlumberger Limited (NYSE:SLB) were recently published by: Seekingalpha.com, which released: “Rockwell Automation, Schlumberger form digital oilfield automation JV – Seeking Alpha” on February 19, 2019. Globenewswire.com‘s article titled: “Research Report Identifies Johnson & Johnson, Schlumberger, Karyopharm Therapeutics, WYNDHAM DESTINATIONS, INC, ASGN, and Suburban Propane Partners with Renewed Outlook — Fundamental Analysis, Calculating Forward Movement – GlobeNewswire” and published on February 21, 2019 is yet another important article.

Since September 24, 2018, it had 1 insider buy, and 2 selling transactions for $3.68 million activity. $375,500 worth of stock was bought by Schorn Patrick on Thursday, December 20. The insider Le Peuch Olivier sold 15,000 shares worth $660,000.

Investors sentiment decreased to 0.49 in Q4 2018. Its down 0.48, from 0.97 in 2018Q3. It turned negative, as 205 investors sold SLB shares while 587 reduced holdings. 107 funds opened positions while 278 raised stakes. 1.04 billion shares or 1.72% more from 1.02 billion shares in 2018Q3 were reported. Taurus Asset Mgmt Limited holds 16,598 shares or 0.1% of its portfolio. Wesbanco National Bank, a West Virginia-based fund reported 35,084 shares. 16,000 are held by Barbara Oil. Raymond James Na stated it has 48,992 shares. Winch Advisory Services Limited Liability holds 13,984 shares or 0.28% of its portfolio. State Board Of Administration Of Florida Retirement Sys holds 0.2% in Schlumberger Limited (NYSE:SLB) or 1.87M shares. Quantres Asset Mgmt Limited has invested 0.39% in Schlumberger Limited (NYSE:SLB). Barclays Public Ltd accumulated 3.15M shares. Northeast Investment owns 21,626 shares or 0.08% of their US portfolio. Tiaa Cref Management Ltd Liability owns 5.26M shares or 0.15% of their US portfolio. Daiwa Group Inc invested in 0.02% or 55,050 shares. Neville Rodie & Shaw Inc has 97,652 shares for 0.43% of their portfolio. Bridges Mngmt accumulated 71,317 shares. Beacon accumulated 49,026 shares or 0.34% of the stock. Art Advisors Ltd Liability owns 267,884 shares for 0.62% of their portfolio.

Schlumberger Limited (NYSE:SLB) Institutional Positions Chart