Worthington Industries, Inc. (WOR) Forms $46.21 Double Bottom; Capstone Investment Advisors Increased Schlumberger LTD (Call) (SLB) Stake

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Worthington Industries, Inc. (WOR) formed double bottom with $43.90 target or 5.00% below today’s $46.21 share price. Worthington Industries, Inc. (WOR) has $2.80 billion valuation. The stock increased 0.15% or $0.07 during the last trading session, reaching $46.21. About 32,992 shares traded. Worthington Industries, Inc. (NYSE:WOR) has declined 16.89% since April 23, 2017 and is downtrending. It has underperformed by 28.44% the S&P500.

Capstone Investment Advisors Llc increased Schlumberger Ltd (Call) (SLB) stake by 20% reported in 2017Q4 SEC filing. Capstone Investment Advisors Llc acquired 10,000 shares as Schlumberger Ltd (Call) (SLB)’s stock declined 4.39%. The Capstone Investment Advisors Llc holds 60,000 shares with $4.04M value, up from 50,000 last quarter. Schlumberger Ltd (Call) now has $93.95B valuation. The stock decreased 2.08% or $1.44 during the last trading session, reaching $67.79. About 1.80 million shares traded. Schlumberger Limited (NYSE:SLB) has declined 16.28% since April 23, 2017 and is downtrending. It has underperformed by 27.83% the S&P500.

Among 39 analysts covering Schlumberger Limited. (NYSE:SLB), 32 have Buy rating, 1 Sell and 6 Hold. Therefore 82% are positive. Schlumberger Limited. had 144 analyst reports since July 22, 2015 according to SRatingsIntel. On Thursday, July 20 the stock rating was maintained by Piper Jaffray with “Buy”. Guggenheim downgraded the stock to “Neutral” rating in Tuesday, June 27 report. Citigroup maintained it with “Buy” rating and $89 target in Wednesday, October 5 report. On Monday, July 24 the stock rating was maintained by Credit Suisse with “Buy”. Macquarie Research maintained the shares of SLB in report on Wednesday, September 9 with “Neutral” rating. On Monday, April 4 the stock rating was maintained by Credit Suisse with “Outperform”. The rating was maintained by Oppenheimer on Thursday, October 1 with “Outperform”. On Monday, April 25 the stock rating was maintained by Nomura with “Buy”. As per Thursday, August 27, the company rating was maintained by Argus Research. The rating was maintained by BMO Capital Markets on Monday, January 15 with “Hold”.

Investors sentiment decreased to 0.66 in 2017 Q4. Its down 0.22, from 0.88 in 2017Q3. It turned negative, 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. Ntv Asset Limited Liability invested in 0.76% or 40,369 shares. Moreover, Telos Mngmt has 0.54% invested in Schlumberger Limited (NYSE:SLB) for 22,519 shares. Moreover, Investor Ab has 0.04% invested in Schlumberger Limited (NYSE:SLB) for 10,000 shares. Public Employees Retirement Association Of Colorado accumulated 704,503 shares or 0.3% of the stock. Leisure Mngmt, California-based fund reported 14,358 shares. Motco holds 87,526 shares or 0.6% of its portfolio. Oklahoma-based Of Oklahoma has invested 0.44% in Schlumberger Limited (NYSE:SLB). Crestpoint Capital Limited invested 0.61% in Schlumberger Limited (NYSE:SLB). Cohen & Steers reported 476,435 shares. Greenwood Cap Ltd Liability owns 0.89% invested in Schlumberger Limited (NYSE:SLB) for 56,569 shares. Bnp Paribas Arbitrage invested in 946,924 shares or 0.11% of the stock. State Common Retirement Fund stated it has 3.80 million shares. Academy Cap Management Tx invested 2.11% in Schlumberger Limited (NYSE:SLB). Capital Investment Counsel Incorporated holds 0.99% or 35,532 shares in its portfolio. New York-based Cibc Mkts Corporation has invested 0.14% in Schlumberger Limited (NYSE:SLB).

Since October 24, 2017, it had 3 insider buys, and 2 insider sales for $6.71 million activity. Schorn Patrick also bought $323,950 worth of Schlumberger Limited (NYSE:SLB) shares. 3,500 shares were sold by SANDVOLD TORE I, worth $219,205 on Tuesday, October 24. 10,000 shares were bought by KIBSGAARD PAAL, worth $646,800. $1.96 million worth of Schlumberger Limited (NYSE:SLB) was sold by Guild Howard. Another trade for 3,000 shares valued at $192,900 was bought by Al Mogharbel Khaled. 75,000 shares were sold by AYAT SIMON, worth $5.91M.

Capstone Investment Advisors Llc decreased Vaneck Vectors Etf Tr (Put) stake by 35,000 shares to 115,000 valued at $11.25M in 2017Q4. It also reduced Ishares Inc (ECH) stake by 32,789 shares and now owns 85,000 shares. Rite Aid Corp (NYSE:RAD) was reduced too.

Investors sentiment decreased to 0.93 in 2017 Q4. Its down 0.27, from 1.2 in 2017Q3. It dropped, as 31 investors sold Worthington Industries, Inc. shares while 71 reduced holdings. 36 funds opened positions while 59 raised stakes. 31.16 million shares or 3.79% less from 32.39 million shares in 2017Q3 were reported. Ubs Asset Mgmt Americas Incorporated holds 34,674 shares. Ny State Common Retirement Fund has invested 0% in Worthington Industries, Inc. (NYSE:WOR). Ny State Teachers Retirement Systems owns 95,608 shares for 0.01% of their portfolio. Mason Street Advisors Llc reported 22,027 shares or 0.02% of all its holdings. Shamrock Asset Mgmt Ltd Liability Corporation holds 0% or 100 shares. Dimensional Fund Advsr L P has 1.86 million shares for 0.03% of their portfolio. Aperio Grp Inc Ltd Liability has 8,792 shares for 0% of their portfolio. Cubist Systematic Strategies Ltd Limited Liability Company reported 17,481 shares. Art Advisors holds 0.08% of its portfolio in Worthington Industries, Inc. (NYSE:WOR) for 40,100 shares. Paloma Partners Mgmt Com invested 0.02% in Worthington Industries, Inc. (NYSE:WOR). Teacher Retirement Of Texas holds 0% of its portfolio in Worthington Industries, Inc. (NYSE:WOR) for 16,068 shares. Tower Research Capital Limited Liability (Trc) stated it has 301 shares or 0% of all its holdings. Budros Ruhlin And Roe invested in 0.13% or 10,675 shares. Sandy Spring Bankshares holds 230 shares or 0% of its portfolio. Employees Retirement System Of Ohio invested in 18,252 shares.

Analysts await Worthington Industries, Inc. (NYSE:WOR) to report earnings on June, 27. They expect $1.04 EPS, up 19.54% or $0.17 from last year’s $0.87 per share. WOR’s profit will be $63.06 million for 11.11 P/E if the $1.04 EPS becomes a reality. After $0.61 actual EPS reported by Worthington Industries, Inc. for the previous quarter, Wall Street now forecasts 70.49% EPS growth.

Since January 24, 2018, it had 1 buying transaction, and 2 selling transactions for $1.62 million activity. 3,000 shares valued at $119,340 were bought by ENDRES MICHAEL J on Wednesday, April 4. 34,500 Worthington Industries, Inc. (NYSE:WOR) shares with value of $1.40 million were sold by LYTTLE CATHERINE M. 6,874 shares were sold by BRINKMAN DALE T, worth $332,180.

Among 3 analysts covering Worthington Industries (NYSE:WOR), 0 have Buy rating, 0 Sell and 3 Hold. Therefore 0 are positive. Worthington Industries has $4700 highest and $30 lowest target. $40.50’s average target is -12.36% below currents $46.21 stock price. Worthington Industries had 14 analyst reports since August 27, 2015 according to SRatingsIntel. The rating was downgraded by Macquarie Research to “Underperform” on Tuesday, November 29. The rating was upgraded by Macquarie Research to “Neutral” on Tuesday, March 14. Jefferies maintained Worthington Industries, Inc. (NYSE:WOR) on Thursday, June 29 with “Hold” rating. The stock of Worthington Industries, Inc. (NYSE:WOR) earned “Hold” rating by Jefferies on Wednesday, September 6. Jefferies maintained Worthington Industries, Inc. (NYSE:WOR) on Wednesday, June 14 with “Hold” rating. Jefferies maintained Worthington Industries, Inc. (NYSE:WOR) on Wednesday, October 11 with “Hold” rating. The firm has “Hold” rating given on Thursday, August 27 by Zacks. Jefferies maintained Worthington Industries, Inc. (NYSE:WOR) on Thursday, March 30 with “Sell” rating. As per Monday, December 12, the company rating was downgraded by Jefferies. The stock of Worthington Industries, Inc. (NYSE:WOR) earned “Neutral” rating by JP Morgan on Thursday, March 24.

Worthington Industries, Inc. (NYSE:WOR) Institutional Positions Chart