TOday’s Movers: Lindsay Corp (NYSE:LNN) Stock Rating Reiterated at Stifel Nicolaus; $92.0 Target Price Indicates 1.52 % Potential

April 17, 2018 - By Migdalia James

Investors sentiment decreased to 1.2 in Q4 2017. Its down 0.12, from 1.32 in 2017Q3. It worsened, as 10 investors sold Lindsay Corporation shares while 45 reduced holdings. 18 funds opened positions while 48 raised stakes. 9.71 million shares or 2.35% less from 9.95 million shares in 2017Q3 were reported.

Nelson Van Denburg Campbell Wealth Management Group Limited Liability Co invested in 93 shares. Nuance Investments Ltd Liability holds 81,229 shares. Pnc Serv Grp Incorporated reported 0% of its portfolio in Lindsay Corporation (NYSE:LNN). Rhumbline Advisers reported 0% in Lindsay Corporation (NYSE:LNN). Dimensional Fund Advisors Ltd Partnership has invested 0.01% in Lindsay Corporation (NYSE:LNN). Moreover, Ahl Prtn Ltd Liability Partnership has 0.01% invested in Lindsay Corporation (NYSE:LNN) for 8,430 shares. Schwab Charles Invest Mngmt invested in 0.01% or 83,139 shares. Principal Gp has 0.01% invested in Lindsay Corporation (NYSE:LNN). Public Employees Retirement Of Ohio owns 1,030 shares for 0% of their portfolio. Gabelli Funds Ltd Llc, New York-based fund reported 60,000 shares. Texas-based Employees Retirement Systems Of Texas has invested 0.02% in Lindsay Corporation (NYSE:LNN). Tompkins Fincl reported 550 shares. Envestnet Asset invested 0% of its portfolio in Lindsay Corporation (NYSE:LNN). Pub Sector Pension Investment Board owns 6,698 shares. California Pub Employees Retirement has 0% invested in Lindsay Corporation (NYSE:LNN) for 29,158 shares.

Since February 2, 2018, it had 0 insider purchases, and 1 insider sale for $270,160 activity.

Lindsay Corp (NYSE:LNN) Rating Reaffirmed

Stifel Nicolaus now has a $92.0 TP on the $974.83 million market cap company or 1.52 % upside potential. In a research report issued to clients on 21 December, Lindsay Corp (NYSE:LNN) shares have had their “Hold” Rating maintained by equity research analysts at Stifel Nicolaus.

Investors sentiment decreased to 1.2 in Q4 2017. Its down 0.12, from 1.32 in 2017Q3. It worsened, as 10 investors sold Lindsay Corporation shares while 45 reduced holdings. 18 funds opened positions while 48 raised stakes. 9.71 million shares or 2.35% less from 9.95 million shares in 2017Q3 were reported.

Nelson Van Denburg Campbell Wealth Management Group Limited Liability Co invested in 93 shares. Nuance Investments Ltd Liability holds 81,229 shares. Pnc Serv Grp Incorporated reported 0% of its portfolio in Lindsay Corporation (NYSE:LNN). Rhumbline Advisers reported 0% in Lindsay Corporation (NYSE:LNN). Dimensional Fund Advisors Ltd Partnership has invested 0.01% in Lindsay Corporation (NYSE:LNN). Moreover, Ahl Prtn Ltd Liability Partnership has 0.01% invested in Lindsay Corporation (NYSE:LNN) for 8,430 shares. Schwab Charles Invest Mngmt invested in 0.01% or 83,139 shares. Principal Gp has 0.01% invested in Lindsay Corporation (NYSE:LNN). Public Employees Retirement Of Ohio owns 1,030 shares for 0% of their portfolio. Gabelli Funds Ltd Llc, New York-based fund reported 60,000 shares. Texas-based Employees Retirement Systems Of Texas has invested 0.02% in Lindsay Corporation (NYSE:LNN). Tompkins Fincl reported 550 shares. Envestnet Asset invested 0% of its portfolio in Lindsay Corporation (NYSE:LNN). Pub Sector Pension Investment Board owns 6,698 shares. California Pub Employees Retirement has 0% invested in Lindsay Corporation (NYSE:LNN) for 29,158 shares.

Since February 2, 2018, it had 0 insider purchases, and 1 insider sale for $270,160 activity.

Lindsay Corporation (NYSE:LNN) Ratings Coverage

Among 4 analysts covering Lindsay Corp (NYSE:LNN), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. Lindsay Corp has $13200 highest and $84.0 lowest target. $103.33’s average target is 14.03% above currents $90.62 stock price. Lindsay Corp had 6 analyst reports since December 10, 2017 according to SRatingsIntel. Boenning & Scattergood upgraded the stock to “Buy” rating in Thursday, March 29 report. The stock of Lindsay Corporation (NYSE:LNN) earned “Hold” rating by Stifel Nicolaus on Sunday, April 1. Seaport Global maintained the shares of LNN in report on Monday, April 2 with “Hold” rating. The firm has “Hold” rating given on Thursday, December 21 by Stifel Nicolaus. The stock of Lindsay Corporation (NYSE:LNN) has “Hold” rating given on Sunday, December 10 by Stifel Nicolaus. The company was maintained on Monday, February 5 by Piper Jaffray.

The stock increased 1.42% or $1.27 during the last trading session, reaching $90.62. About 12,501 shares traded. Lindsay Corporation (NYSE:LNN) has risen 11.31% since April 17, 2017 and is uptrending. It has underperformed by 0.24% the S&P500.

Lindsay Corporation, together with its subsidiaries, provides water management and road infrastructure services and products in the United States and internationally. The company has market cap of $974.83 million. The companyÂ’s Irrigation segment makes and markets center pivot, lateral move irrigation systems, and irrigation controls under the Zimmatic brand; hose reel travelers under the Perrot and Greenfield brands; and chemical injection systems, variable rate irrigation systems, flow meters, weather stations, soil moisture sensors, and remote monitoring and control systems under the GrowSmart brand. It has a 43.67 P/E ratio. This segment also offers repair and replacement parts for irrigation systems and controls; water pumping stations and controls for agriculture, golf, landscape, and municipal markets under the Watertronics brand; filtration solutions for groundwater, agriculture, industrial, and heat transfer markets under the LAKOS brand; and M2M communication technology solutions, data acquisition and management systems, and custom electronic equipment under the Elecsys brand.

Lindsay Corporation (NYSE:LNN) Institutional Positions Chart

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