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$1.14 EPS Expected for Erie Indemnity Company (ERIE); Layne Christensen Company (LAYN) Shorts Down By 5.23%

Layne Christensen Company (NASDAQ:LAYN) Logo

Layne Christensen Company (NASDAQ:LAYN) had a decrease of 5.23% in short interest. LAYN’s SI was 4.43M shares in April as released by FINRA. Its down 5.23% from 4.67M shares previously. With 332,900 avg volume, 13 days are for Layne Christensen Company (NASDAQ:LAYN)’s short sellers to cover LAYN’s short positions. The SI to Layne Christensen Company’s float is 26.39%. The stock decreased 2.03% or $0.3 during the last trading session, reaching $14.46. About 124,045 shares traded. Layne Christensen Company (NASDAQ:LAYN) has risen 62.03% since April 25, 2017 and is uptrending. It has outperformed by 50.48% the S&P500.

Analysts expect Erie Indemnity Company (NASDAQ:ERIE) to report $1.14 EPS on April, 26 after the close.They anticipate $0.23 EPS change or 25.27% from last quarter’s $0.91 EPS. ERIE’s profit would be $59.61M giving it 26.06 P/E if the $1.14 EPS is correct. After having $0.80 EPS previously, Erie Indemnity Company’s analysts see 42.50% EPS growth. The stock increased 0.31% or $0.37 during the last trading session, reaching $118.83. About 15,105 shares traded. Erie Indemnity Company (NASDAQ:ERIE) has declined 6.61% since April 25, 2017 and is downtrending. It has underperformed by 18.16% the S&P500.

Investors sentiment increased to 1.71 in Q4 2017. Its up 0.57, from 1.14 in 2017Q3. It improved, as 5 investors sold Erie Indemnity Company shares while 33 reduced holdings. 21 funds opened positions while 44 raised stakes. 14.27 million shares or 0.24% more from 14.23 million shares in 2017Q3 were reported. Tiaa Cref Invest Mgmt Ltd Liability Company holds 48,420 shares. California Employees Retirement System invested in 0.01% or 83,786 shares. Sei Invests Company has invested 0.02% in Erie Indemnity Company (NASDAQ:ERIE). Virtus Invest Advisers Incorporated invested in 3,400 shares or 0% of the stock. Union Bancorp Corporation stated it has 4.97% of its portfolio in Erie Indemnity Company (NASDAQ:ERIE). Employees Retirement Systems Of Ohio reported 13,083 shares. Invesco owns 7,814 shares. Teacher Retirement Of Texas reported 8,729 shares stake. Metropolitan Life Insurance Co New York has invested 0% in Erie Indemnity Company (NASDAQ:ERIE). Rafferty Asset Mgmt Ltd, a New York-based fund reported 5,388 shares. The Florida-based Raymond James Fin Svcs has invested 0.01% in Erie Indemnity Company (NASDAQ:ERIE). Utah Retirement System reported 0.01% in Erie Indemnity Company (NASDAQ:ERIE). State Of Wisconsin Investment Board stated it has 0% of its portfolio in Erie Indemnity Company (NASDAQ:ERIE). Mycio Wealth Prtn Ltd owns 0.57% invested in Erie Indemnity Company (NASDAQ:ERIE) for 43,172 shares. 8,020 are held by Legal General Grp Public Ltd.

Since December 18, 2017, it had 6 insider purchases, and 0 selling transactions for $251,244 activity. Datesh LuAnn bought $25,173 worth of stock or 210 shares. Another trade for 25 shares valued at $2,972 was bought by NECASTRO TIMOTHY G. 180 shares were bought by Hudson Brian Arden Sr., worth $20,754 on Monday, March 26.

Erie Indemnity Company operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States. The company has market cap of $6.21 billion. The firm provides sales, underwriting, and policy issuance services for the policyholders on behalf of the Erie Insurance Exchange. It has a 31.6 P/E ratio. The Company’s sales related services include agent compensation, and sales and advertising support services; and underwriting services comprise underwriting and policy processing, as well as provides administrative support, information technology, and customer services.

Among 3 analysts covering Layne Christensen (NASDAQ:LAYN), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Layne Christensen had 8 analyst reports since August 18, 2015 according to SRatingsIntel. As per Friday, February 19, the company rating was initiated by Maxim Group. The company was maintained on Friday, August 4 by Jefferies. The firm has “Hold” rating by Jefferies given on Friday, June 9. On Wednesday, April 11 the stock rating was maintained by Jefferies with “Hold”. The firm has “Buy” rating by Zacks given on Tuesday, August 18. The firm has “Hold” rating by Jefferies given on Tuesday, September 12. The rating was maintained by DA Davidson with “Neutral” on Monday, March 7.

Investors sentiment decreased to 0.86 in 2017 Q4. Its down 0.59, from 1.45 in 2017Q3. It dropped, as 14 investors sold Layne Christensen Company shares while 28 reduced holdings. 14 funds opened positions while 22 raised stakes. 18.46 million shares or 2.00% more from 18.10 million shares in 2017Q3 were reported. Dimensional Fund Advisors Limited Partnership accumulated 0% or 940,027 shares. Manatuck Hill Ltd Limited Liability Company has 2.46% invested in Layne Christensen Company (NASDAQ:LAYN). First Eagle Invest Mgmt Ltd Co, New York-based fund reported 65,200 shares. 197,870 are held by Kbc Gru Nv. Tiaa Cref Investment Mgmt Limited Liability reported 46,845 shares stake. Gamco Investors Inc Et Al has invested 0.09% of its portfolio in Layne Christensen Company (NASDAQ:LAYN). American Group invested 0% in Layne Christensen Company (NASDAQ:LAYN). New York-based Morgan Stanley has invested 0% in Layne Christensen Company (NASDAQ:LAYN). Nokomis Cap Limited Liability has 1.45% invested in Layne Christensen Company (NASDAQ:LAYN). Cove Street Cap Ltd Liability Co invested 0.12% of its portfolio in Layne Christensen Company (NASDAQ:LAYN). Invesco invested in 282,804 shares. State Common Retirement Fund has invested 0% in Layne Christensen Company (NASDAQ:LAYN). Millennium Mgmt Ltd Liability Com holds 0% or 17,375 shares. Bancorporation Of America Corp De invested in 11,739 shares. Tower Research Ltd Llc (Trc) holds 0% or 2,790 shares in its portfolio.

Erie Indemnity Company (NASDAQ:ERIE) Institutional Positions Chart

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