Kempner Capital Management Has Lifted By $769,763 Its Schlumberger LTD (SLB) Stake; Shorts at Chinacache International Holdings LTD. – American (CCIH) Lowered By 21.47%

ChinaCache International Holdings Ltd. (NASDAQ:CCIH) Logo

Kempner Capital Management Inc increased Schlumberger Ltd (SLB) stake by 13.54% reported in 2017Q4 SEC filing. Kempner Capital Management Inc acquired 11,489 shares as Schlumberger Ltd (SLB)’s stock declined 4.39%. The Kempner Capital Management Inc holds 96,365 shares with $6.49 million value, up from 84,876 last quarter. Schlumberger Ltd now has $94.18B valuation. The stock increased 0.58% or $0.39 during the last trading session, reaching $67.95. About 7.85M shares traded. Schlumberger Limited (NYSE:SLB) has declined 16.28% since April 14, 2017 and is downtrending. It has underperformed by 27.83% the S&P500.

Chinacache International Holdings LTD. – American (NASDAQ:CCIH) had a decrease of 21.47% in short interest. CCIH’s SI was 1.56M shares in April as released by FINRA. Its down 21.47% from 1.98 million shares previously. With 542,500 avg volume, 3 days are for Chinacache International Holdings LTD. – American (NASDAQ:CCIH)’s short sellers to cover CCIH’s short positions. The SI to Chinacache International Holdings LTD. – American’s float is 7.96%. The stock decreased 10.07% or $0.14 during the last trading session, reaching $1.25. About 1.02 million shares traded or 88.94% up from the average. ChinaCache International Holdings Ltd. (NASDAQ:CCIH) has declined 25.00% since April 14, 2017 and is downtrending. It has underperformed by 36.55% the S&P500.

ChinaCache International Holdings Ltd., an investment holding company, provides content and application delivery services in the PeopleÂ’s Republic of China. The company has market cap of $31.98 million. The firm offers a portfolio of services and solutions to businesses, government agencies, and other enterprises to enhance the reliability and scalability of their online services and applications. It currently has negative earnings. The Company’s services include Web page content services; file transfer services; rich media streaming services; and guaranteed application services for Websites that have various features, such as on-line booking and ordering, real-time stock quotes, and on-line surveys.

Among 39 analysts covering Schlumberger Limited. (NYSE:SLB), 32 have Buy rating, 1 Sell and 6 Hold. Therefore 82% are positive. Schlumberger Limited. has $120 highest and $70 lowest target. $84.27’s average target is 24.02% above currents $67.95 stock price. Schlumberger Limited. had 143 analyst reports since July 22, 2015 according to SRatingsIntel. On Monday, February 12 the stock rating was upgraded by Griffin Securities to “Buy”. The firm has “Hold” rating by Standpoint Research given on Wednesday, April 20. Jefferies upgraded the stock to “Buy” rating in Tuesday, November 15 report. On Wednesday, June 21 the stock rating was maintained by BMO Capital Markets with “Buy”. Scotia Capital maintained Schlumberger Limited (NYSE:SLB) rating on Thursday, March 23. Scotia Capital has “Buy” rating and $95 target. As per Monday, January 25, the company rating was maintained by Oppenheimer. The firm has “Buy” rating given on Monday, April 4 by Goldman Sachs. Jefferies maintained the shares of SLB in report on Friday, September 29 with “Buy” rating. The firm has “Neutral” rating by Atlantic Securities given on Tuesday, June 27. Piper Jaffray maintained Schlumberger Limited (NYSE:SLB) on Thursday, July 20 with “Buy” rating.

Schlumberger Limited (NYSE:SLB) Institutional Positions Chart