Robecosam Ag decreased its stake in Lindsay Corp (LNN) by 35.46% based on its latest 2017Q3 regulatory filing with the SEC. Robecosam Ag sold 6,748 shares as the company’s stock rose 7.84% with the market. The institutional investor held 12,280 shares of the industrial machinery and components company at the end of 2017Q3, valued at $1.13 million, down from 19,028 at the end of the previous reported quarter. Robecosam Ag who had been investing in Lindsay Corp for a number of months, seems to be less bullish one the $989.16M market cap company. The stock decreased 0.02% or $0.02 during the last trading session, reaching $92.26. About 39,647 shares traded. Lindsay Corporation (NYSE:LNN) has risen 25.75% since March 20, 2017 and is uptrending. It has outperformed by 9.05% the S&P500.
Delphi Management Inc decreased its stake in Tower Semiconductor Ord (TSEM) by 20.13% based on its latest 2017Q3 regulatory filing with the SEC. Delphi Management Inc sold 21,685 shares as the company’s stock rose 11.63% with the market. The institutional investor held 86,019 shares of the semiconductors company at the end of 2017Q3, valued at $2.65M, down from 107,704 at the end of the previous reported quarter. Delphi Management Inc who had been investing in Tower Semiconductor Ord for a number of months, seems to be less bullish one the $2.95 billion market cap company. The stock increased 0.91% or $0.27 during the last trading session, reaching $29.98. About 486,381 shares traded. Tower Semiconductor Ltd. (NASDAQ:TSEM) has risen 122.17% since March 20, 2017 and is uptrending. It has outperformed by 105.47% the S&P500.
Analysts await Lindsay Corporation (NYSE:LNN) to report earnings on March, 29. They expect $0.56 earnings per share, up 19.15% or $0.09 from last year’s $0.47 per share. LNN’s profit will be $6.00M for 41.19 P/E if the $0.56 EPS becomes a reality. After $0.30 actual earnings per share reported by Lindsay Corporation for the previous quarter, Wall Street now forecasts 86.67% EPS growth.
Robecosam Ag, which manages about $1.30 billion US Long portfolio, upped its stake in On Semiconductor Corp (ONNN) by 224,600 shares to 833,600 shares, valued at $15.29M in 2017Q3, according to the filing. It also increased its holding in Corning Inc (NYSE:GLW) by 30,000 shares in the quarter, for a total of 500,000 shares, and has risen its stake in Waters Corp (NYSE:WAT).
Investors sentiment increased to 1.32 in Q3 2017. Its up 0.46, from 0.86 in 2017Q2. It is positive, as 13 investors sold LNN shares while 37 reduced holdings. 21 funds opened positions while 45 raised stakes. 9.95 million shares or 3.33% less from 10.29 million shares in 2017Q2 were reported. Nationwide Fund Advsr, Pennsylvania-based fund reported 5,825 shares. Tudor Inv Et Al invested in 3,529 shares or 0.01% of the stock. Great West Life Assurance Can reported 14,418 shares. State Of Tennessee Treasury Department reported 9,527 shares. Moreover, First Advsr LP has 0.01% invested in Lindsay Corporation (NYSE:LNN). 3,134 were accumulated by Pnc Finance. Retail Bank Of New York Mellon holds 0.01% or 417,650 shares. Geode Cap Ltd Liability Com invested in 86,208 shares. Deutsche Bank Ag holds 0% or 44,800 shares. 14,305 are held by Timber Creek Capital Mngmt Lc. Shapiro Capital Mgmt Ltd invested 0.86% of its portfolio in Lindsay Corporation (NYSE:LNN). Stephens Inv Group Ltd Company holds 0.26% of its portfolio in Lindsay Corporation (NYSE:LNN) for 124,677 shares. Great Lakes Limited Liability Com stated it has 0.06% of its portfolio in Lindsay Corporation (NYSE:LNN). Nuance Ltd Liability Corp holds 0.5% of its portfolio in Lindsay Corporation (NYSE:LNN) for 78,965 shares. Barclays Public Limited Co accumulated 1,798 shares.
Among 7 analysts covering Lindsay (NYSE:LNN), 1 have Buy rating, 1 Sell and 5 Hold. Therefore 14% are positive. Lindsay had 20 analyst reports since August 31, 2015 according to SRatingsIntel. The stock has “Hold” rating by Piper Jaffray on Friday, September 8. The firm has “Underweight” rating by Piper Jaffray given on Thursday, December 24. The firm has “Hold” rating by Stifel Nicolaus given on Friday, October 13. Stifel Nicolaus downgraded Lindsay Corporation (NYSE:LNN) on Thursday, June 2 to “Sell” rating. On Friday, August 4 the stock rating was maintained by Piper Jaffray with “Hold”. Stifel Nicolaus maintained Lindsay Corporation (NYSE:LNN) rating on Friday, July 7. Stifel Nicolaus has “Hold” rating and $7600 target. The firm has “Neutral” rating by Piper Jaffray given on Monday, November 28. The rating was upgraded by Stifel Nicolaus to “Hold” on Thursday, December 1. Monness Crespi & Hardt maintained the stock with “Sell” rating in Monday, September 14 report. The firm has “Hold” rating given on Thursday, December 21 by Stifel Nicolaus.
Since February 2, 2018, it had 0 insider purchases, and 1 insider sale for $270,160 activity.