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Schlumberger (NYSE:SLB) General Counsel Alexander C. Juden sold 3,327 shares of the company’s stock in a transaction dated Tuesday, January 21st. The stock was sold at an average price of $92.00, for a total transaction of $306,084.00. Following the completion of the sale, the general counsel now directly owns 25,028 shares of the company’s stock, valued at approximately $2,302,576. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Shares of Schlumberger (NYSE:SLB) traded up 0.98% during mid-day trading on Tuesday, hitting $91.09. 8,312,362 shares of the company’s stock traded hands. Schlumberger has a 52 week low of $69.08 and a 52 week high of $94.91. The stock has a 50-day moving average of $87.92 and a 200-day moving average of $86.81. The company has a market cap of $120.0 billion and a price-to-earnings ratio of 18.76.

Schlumberger (NYSE:SLB) last issued its quarterly earnings data on Friday, January 17th. The company reported $1.35 earnings per share for the quarter, meeting the analysts’ consensus estimate of $1.35. The company had revenue of $11.91 billion for the quarter, compared to the consensus estimate of $12.06 billion. During the same quarter in the prior year, the company posted $1.08 earnings per share. The company’s quarterly revenue was up 7.4% on a year-over-year basis. On average, analysts predict that Schlumberger will post $4.79 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Friday, April 11th. Shareholders of record on Wednesday, February 19th will be given a dividend of 0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 1.76%.

SLB has been the subject of a number of recent research reports. Analysts at TheStreet reiterated a “hold” rating on shares of Schlumberger in a research note to investors on Tuesday. Separately, analysts at Credit Suisse raised their price target on shares of Schlumberger from $105.00 to $108.00 in a research note to investors on Tuesday. They now have a “neutral” rating on the stock. Finally, analysts at Johnson Rice upgraded shares of Schlumberger from an “equal weight” rating to an “overweight” rating in a research note to investors on Tuesday. Five research analysts have rated the stock with a hold rating and twenty-four have issued a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $104.36.

Schlumberger Limited (NYSE:SLB) is the supplier of technology, integrated project management and information solutions to the international oil and gas exploration and production industry.

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