Conning Has Boosted Invesco LTD (IVZ) Stake By $307,044; Lindsay (LNN)’s Sentiment Is 1.2

May 21, 2018 - By Kurt Siggers

Invesco Ltd. (NYSE:IVZ) Logo

Conning Inc increased Invesco Ltd (IVZ) stake by 61.55% reported in 2017Q4 SEC filing. Conning Inc acquired 8,529 shares as Invesco Ltd (IVZ)’s stock declined 14.41%. The Conning Inc holds 22,385 shares with $818,000 value, up from 13,856 last quarter. Invesco Ltd now has $11.84B valuation. The stock increased 0.72% or $0.2 during the last trading session, reaching $28.83. About 437,305 shares traded. Invesco Ltd. (NYSE:IVZ) has risen 4.53% since May 21, 2017 and is uptrending. It has underperformed by 7.02% the S&P500.

Lindsay Corp (LNN) investors sentiment decreased to 1.2 in Q4 2017. It’s down -0.12, from 1.32 in 2017Q3. The ratio fall, as 66 hedge funds started new and increased stock positions, while 55 trimmed and sold equity positions in Lindsay Corp. The hedge funds in our database now have: 9.71 million shares, down from 9.95 million shares in 2017Q3. Also, the number of hedge funds holding Lindsay Corp in top ten stock positions decreased from 1 to 0 for a decrease of 1. Sold All: 10 Reduced: 45 Increased: 48 New Position: 18.

Prentiss Smith & Co Inc holds 2.84% of its portfolio in Lindsay Corporation for 66,114 shares. John G Ullman & Associates Inc owns 120,706 shares or 2.12% of their US portfolio. Moreover, Impax Asset Management Ltd has 1.39% invested in the company for 572,211 shares. The Massachusetts-based Timber Creek Capital Management Llc has invested 0.79% in the stock. Nuance Investments Llc, a Kansas-based fund reported 81,229 shares.

Ratings analysis reveals 0 of Lindsay Corp’s analysts are positive. Out of 2 Wall Street analysts rating Lindsay Corp, 0 give it “Buy”, 1 “Sell” rating, while 1 recommend “Hold”. LNN was included in 2 notes of analysts from October 14, 2016. The firm earned “Neutral” rating on Monday, November 28 by Piper Jaffray. The firm has “Sell” rating by Stifel Nicolaus given on Friday, October 14.

The stock increased 1.89% or $1.85 during the last trading session, reaching $99.55. About 8,166 shares traded. Lindsay Corporation (LNN) has risen 11.31% since May 21, 2017 and is uptrending. It has underperformed by 0.24% the S&P500.

Analysts await Lindsay Corporation (NYSE:LNN) to report earnings on July, 5. They expect $1.39 EPS, up 36.27% or $0.37 from last year’s $1.02 per share. LNN’s profit will be $14.95M for 17.90 P/E if the $1.39 EPS becomes a reality. After $0.56 actual EPS reported by Lindsay Corporation for the previous quarter, Wall Street now forecasts 148.21% EPS growth.

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 $1.07 billion. 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 47.97 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.

Since January 1, 0001, it had 0 insider purchases, and 1 sale for $270,160 activity.

Another recent and important Lindsay Corporation (NYSE:LNN) news was published by which published an article titled: “Lindsay Corporation Announces Quarterly Cash Dividend” on May 04, 2018.

Conning Inc decreased Spdr Index Shs Fds (FEZ) stake by 28,750 shares to 33,714 valued at $1.02 million in 2017Q4. It also reduced Automatic Data Processing In (NASDAQ:ADP) stake by 9,686 shares and now owns 250,659 shares. Microsoft Corp (NASDAQ:MSFT) was reduced too.

Since February 15, 2018, it had 1 buy, and 3 insider sales for $14.91 million activity. FLANAGAN MARTIN L sold $14.01 million worth of stock. Beshar Sarah also bought $98,960 worth of Invesco Ltd. (NYSE:IVZ) on Tuesday, February 27. 5,000 shares valued at $171,550 were sold by Lege Annette on Friday, March 9. $834,500 worth of stock was sold by CAROME KEVIN M on Thursday, February 15.

Among 17 analysts covering Invesco (NYSE:IVZ), 12 have Buy rating, 0 Sell and 5 Hold. Therefore 71% are positive. Invesco had 82 analyst reports since July 21, 2015 according to SRatingsIntel. Keefe Bruyette & Woods maintained the shares of IVZ in report on Tuesday, April 10 with “Buy” rating. The rating was maintained by Morgan Stanley with “Equal-Weight” on Wednesday, February 7. As per Monday, June 27, the company rating was downgraded by Citigroup. The firm has “Outperform” rating by Wood given on Friday, October 14. Deutsche Bank maintained the shares of IVZ in report on Thursday, March 17 with “Buy” rating. The stock of Invesco Ltd. (NYSE:IVZ) earned “Equal-Weight” rating by Morgan Stanley on Wednesday, January 3. The firm has “Buy” rating by Jefferies given on Wednesday, April 11. The stock of Invesco Ltd. (NYSE:IVZ) earned “Outperform” rating by Wood on Thursday, September 3. The firm has “Buy” rating by Deutsche Bank given on Friday, January 8. Deutsche Bank downgraded the stock to “Hold” rating in Friday, October 14 report.

Lindsay Corporation (NYSE:LNN) Institutional Positions Chart

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