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 Vivian Currie

Investors sentiment decreased to 1.2 in 2017 Q4. Its down 0.12, from 1.32 in 2017Q3. It fall, 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.

Van Eck has 0% invested in Lindsay Corporation (NYSE:LNN) for 1,478 shares. Manufacturers Life Insurance Communication The has 0% invested in Lindsay Corporation (NYSE:LNN). Invesco Ltd invested in 263,136 shares or 0.01% of the stock. 2,153 are owned by Peak6 Invs Lp. Jpmorgan Chase reported 35,789 shares or 0% of all its holdings. Jacobs Levy Equity Management Inc invested 0.01% of its portfolio in Lindsay Corporation (NYSE:LNN). Moreover, Northern Tru has 0% invested in Lindsay Corporation (NYSE:LNN) for 139,222 shares. Citadel Advsrs Ltd owns 29,410 shares. Sector Pension Investment Board has 0% invested in Lindsay Corporation (NYSE:LNN). Pinebridge Investments Ltd Partnership reported 11,925 shares stake. New York State Common Retirement Fund owns 11,900 shares. Royal Fincl Bank Of Canada holds 0% or 358 shares in its portfolio. Us Bancorp De, Minnesota-based fund reported 2,800 shares. Credit Suisse Ag has invested 0% in Lindsay Corporation (NYSE:LNN). Dimensional Fund L P accumulated 0.01% or 307,595 shares.

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

Lindsay Corp (NYSE:LNN) Rating Reaffirmed

In a research note revealed to investors and clients this morning, Stifel Nicolaus reaffirmed their Hold rating on Lindsay Corp (NYSE:LNN) shares. The target indicates a possible upside of 1.52 % from firm’s last stock price.

Investors sentiment decreased to 1.2 in 2017 Q4. Its down 0.12, from 1.32 in 2017Q3. It fall, 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.

Van Eck has 0% invested in Lindsay Corporation (NYSE:LNN) for 1,478 shares. Manufacturers Life Insurance Communication The has 0% invested in Lindsay Corporation (NYSE:LNN). Invesco Ltd invested in 263,136 shares or 0.01% of the stock. 2,153 are owned by Peak6 Invs Lp. Jpmorgan Chase reported 35,789 shares or 0% of all its holdings. Jacobs Levy Equity Management Inc invested 0.01% of its portfolio in Lindsay Corporation (NYSE:LNN). Moreover, Northern Tru has 0% invested in Lindsay Corporation (NYSE:LNN) for 139,222 shares. Citadel Advsrs Ltd owns 29,410 shares. Sector Pension Investment Board has 0% invested in Lindsay Corporation (NYSE:LNN). Pinebridge Investments Ltd Partnership reported 11,925 shares stake. New York State Common Retirement Fund owns 11,900 shares. Royal Fincl Bank Of Canada holds 0% or 358 shares in its portfolio. Us Bancorp De, Minnesota-based fund reported 2,800 shares. Credit Suisse Ag has invested 0% in Lindsay Corporation (NYSE:LNN). Dimensional Fund L P accumulated 0.01% or 307,595 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. The stock of Lindsay Corporation (NYSE:LNN) has “Buy” rating given on Thursday, March 29 by Boenning & Scattergood. Stifel Nicolaus maintained the shares of LNN in report on Sunday, December 10 with “Hold” rating. The firm has “Hold” rating given on Sunday, April 1 by Stifel Nicolaus. The company was maintained on Monday, February 5 by Piper Jaffray. Seaport Global maintained the shares of LNN in report on Monday, April 2 with “Hold” rating. The firm has “Hold” rating by Stifel Nicolaus given on Thursday, December 21.

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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