America First Investment Advisors Boosted Schlumberger LTD (SLB) Stake by $2.69 Million; As Brookfield Infrast Partners (BIP) Market Value Rose, Holder Tealwood Asset Management Has Trimmed Its Holding by $2.74 Million

February 22, 2018 - By Louis Casey

America First Investment Advisors Llc increased its stake in Schlumberger Ltd (SLB) by 26.61% based on its latest 2017Q3 regulatory filing with the SEC. America First Investment Advisors Llc bought 39,011 shares as the company’s stock declined 11.04% while stock markets rallied. The institutional investor held 185,622 shares of the oilfield services and equipment company at the end of 2017Q3, valued at $12.95 million, up from 146,611 at the end of the previous reported quarter. America First Investment Advisors Llc who had been investing in Schlumberger Ltd for a number of months, seems to be bullish on the $90.29B market cap company. The stock increased 1.30% or $0.84 during the last trading session, reaching $65.24. About 4.38M shares traded. Schlumberger Limited (NYSE:SLB) has declined 3.30% since February 22, 2017 and is downtrending. It has underperformed by 20.00% the S&P500.

Tealwood Asset Management Inc decreased its stake in Brookfield Infrast Partners (BIP) by 43.31% based on its latest 2017Q3 regulatory filing with the SEC. Tealwood Asset Management Inc sold 63,800 shares as the company’s stock rose 9.21% with the market. The institutional investor held 83,524 shares of the marine transportation company at the end of 2017Q3, valued at $3.60M, down from 147,324 at the end of the previous reported quarter. Tealwood Asset Management Inc who had been investing in Brookfield Infrast Partners for a number of months, seems to be less bullish one the $15.91B market cap company. The stock decreased 1.68% or $0.69 during the last trading session, reaching $40.37. About 219,317 shares traded. Brookfield Infrastructure Partners L.P. (NYSE:BIP) has risen 38.95% since February 22, 2017 and is uptrending. It has outperformed by 22.25% the S&P500.

Analysts await Brookfield Infrastructure Partners L.P. (NYSE:BIP) to report earnings on May, 3. They expect $0.86 earnings per share, up 21.13% or $0.15 from last year’s $0.71 per share. BIP’s profit will be $338.84 million for 11.74 P/E if the $0.86 EPS becomes a reality. After $0.80 actual earnings per share reported by Brookfield Infrastructure Partners L.P. for the previous quarter, Wall Street now forecasts 7.50% EPS growth.

Among 9 analysts covering Brookfield Infrastructure Partners (NYSE:BIP), 6 have Buy rating, 0 Sell and 3 Hold. Therefore 67% are positive. Brookfield Infrastructure Partners had 34 analyst reports since August 6, 2015 according to SRatingsIntel. Credit Suisse downgraded the stock to “Hold” rating in Tuesday, August 22 report. The firm has “Buy” rating by TD Securities given on Friday, November 3. The company was maintained on Tuesday, August 18 by Scotia Capital. TD Securities maintained Brookfield Infrastructure Partners L.P. (NYSE:BIP) on Monday, September 26 with “Buy” rating. The stock has “Neutral” rating by Credit Suisse on Friday, February 10. The stock has “Neutral” rating by Citigroup on Monday, September 19. BMO Capital Markets maintained it with “Buy” rating and $48.0 target in Wednesday, November 1 report. The stock of Brookfield Infrastructure Partners L.P. (NYSE:BIP) earned “Buy” rating by RBC Capital Markets on Friday, September 8. The stock of Brookfield Infrastructure Partners L.P. (NYSE:BIP) has “Hold” rating given on Friday, September 15 by Credit Suisse. RBC Capital Markets maintained it with “Buy” rating and $45.0 target in Friday, October 13 report.

Among 38 analysts covering Schlumberger Limited. (NYSE:SLB), 31 have Buy rating, 1 Sell and 6 Hold. Therefore 82% are positive. Schlumberger Limited. had 139 analyst reports since July 22, 2015 according to SRatingsIntel. Jefferies maintained it with “Buy” rating and $9200 target in Friday, June 30 report. On Wednesday, June 21 the stock rating was downgraded by Barclays Capital to “Equal-Weight”. SunTrust upgraded Schlumberger Limited (NYSE:SLB) on Friday, April 21 to “Buy” rating. As per Monday, January 25, the company rating was maintained by Barclays Capital. The rating was maintained by RBC Capital Markets on Friday, September 1 with “Buy”. Nomura maintained the stock with “Buy” rating in Tuesday, August 16 report. As per Thursday, October 1, the company rating was maintained by Oppenheimer. The firm earned “Buy” rating on Wednesday, October 21 by Citigroup. As per Friday, October 20, the company rating was maintained by Piper Jaffray. The firm earned “Neutral” rating on Tuesday, May 10 by Guggenheim.

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