Landec Corp (NASDAQ:LNDC) Institutional Investor Sentiment Is 1.39

December 18, 2017 - By Michael Collier

 Landec Corp (NASDAQ:LNDC) Institutional Investor Sentiment Is 1.39

Sentiment for Landec Corp (NASDAQ:LNDC)

Landec Corp (NASDAQ:LNDC) institutional sentiment increased to 1.39 in 2017 Q2. Its up 0.24, from 1.15 in 2017Q1. The ratio improved, as 46 active investment managers increased and started new holdings, while 33 cut down and sold stock positions in Landec Corp. The active investment managers in our partner’s database reported: 25.10 million shares, up from 24.92 million shares in 2017Q1. Also, the number of active investment managers holding Landec Corp in their top 10 holdings increased from 1 to 2 for an increase of 1. Sold All: 7 Reduced: 26 Increased: 26 New Position: 20.

Landec Corporation, together with its subsidiaries, designs, develops, makes, and sells differentiated health and wellness products for food and biomaterials markets. The company has market cap of $354.84 million. It operates through three divisions: Packaged Fresh Vegetables, Food Export, and Biomaterials. It has a 37.94 P/E ratio. The Packaged Fresh Vegetables segment markets and packs specialty packaged whole and fresh-cut fruits and vegetables utilizing the BreatheWay specialty packaging technology for the retail grocery, club store, and food service industries under the Eat Smart and GreenLine brands, as well as private label brands; and sells BreatheWay packaging technology to partners for fruit and vegetable products.

The stock increased 1.18% or $0.15 during the last trading session, reaching $12.9. About 18,381 shares traded. Landec Corporation (NASDAQ:LNDC) has risen 17.05% since December 18, 2016 and is uptrending. It has outperformed by 0.35% the S&P500.

Analysts await Landec Corporation (NASDAQ:LNDC) to report earnings on January, 3. They expect $0.07 earnings per share, up 40.00 % or $0.02 from last year’s $0.05 per share. LNDC’s profit will be $1.93 million for 46.07 P/E if the $0.07 EPS becomes a reality. After $0.08 actual earnings per share reported by Landec Corporation for the previous quarter, Wall Street now forecasts -12.50 % negative EPS growth.

Wynnefield Capital Inc holds 13.28% of its portfolio in Landec Corporation for 2.68 million shares. Thomson Horstmann & Bryant Inc owns 845,439 shares or 1.62% of their US portfolio. Moreover, Pacific Ridge Capital Partners Llc has 1.13% invested in the company for 258,832 shares. The Illinois-based Perritt Capital Management Inc has invested 1.09% in the stock. John G Ullman & Associates Inc, a New York-based fund reported 367,525 shares.#img1#

Since January 1, 0001, it had 0 insider buys, and 1 insider sale for $96,659 activity.

Landec Corporation (NASDAQ:LNDC) Ratings Coverage

Ratings analysis reveals 75% of Landec’s analysts are positive. Out of 4 Wall Street analysts rating Landec, 3 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $12 while the high is $18. The stock’s average target of $16 is 24.03% above today’s ($12.9) share price. LNDC was included in 7 notes of analysts from November 18, 2015. The firm earned “Hold” rating on Wednesday, July 26 by Wedbush. The rating was initiated by Wunderlich on Wednesday, November 18 with “Buy”. The stock of Landec Corporation (NASDAQ:LNDC) earned “Neutral” rating by Wedbush on Friday, July 8. As per Tuesday, June 7, the company rating was initiated by Maxim Group. The stock of Landec Corporation (NASDAQ:LNDC) has “Buy” rating given on Wednesday, July 26 by Maxim Group. The company was maintained on Tuesday, July 18 by Maxim Group. The stock of Landec Corporation (NASDAQ:LNDC) earned “Buy” rating by Sidoti on Monday, January 25.

More notable recent Landec Corporation (NASDAQ:LNDC) news were published by: Globenewswire.com which released: “Landec Corporation Agrees to Settle Labor Related Legal Actions and Updates …” on March 28, 2017, also Seekingalpha.com with their article: “Landec Corporation’s (LNDC) CEO Molly Hemmeter on Q4 2017 Results – Earnings …” published on July 26, 2017, Globenewswire.com published: “Landec Corporation Names Innovative Natural Food Business Leader Debbie …” on March 16, 2017. More interesting news about Landec Corporation (NASDAQ:LNDC) were released by: Globenewswire.com and their article: “Landec Corporation Announces Strategic Acquisition of O Olive Oil to Expand …” published on March 02, 2017 as well as Globenewswire.com‘s news article titled: “Landec Corporation Reports Fiscal First Quarter 2018 Results” with publication date: September 26, 2017.

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