D-E Shaw & Company Has Trimmed By $486,385 Its Lindsay (LNN) Position; Stornoway Diamond (TSE:SWY) Covered By 4 Bullish Analysts Last Week

December 12, 2017 - By Vivian Park

Among 5 analysts covering Stornoway Diamond Corporation (TSE:SWY), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. Stornoway Diamond Corporation has $1.50 highest and $0.85 lowest target. $1.24’s average target is 79.71% above currents $0.69 stock price. Stornoway Diamond Corporation had 17 analyst reports since July 24, 2015 according to SRatingsIntel. The rating was maintained by Desjardins Securities on Wednesday, February 8 with “Buy”. The stock has “Outperform” rating by RBC Capital Markets on Thursday, December 10. As per Thursday, November 24, the company rating was maintained by RBC Capital Markets. Scotia Capital maintained the shares of SWY in report on Friday, August 12 with “Outperform” rating. The firm has “Outperform” rating given on Tuesday, November 15 by RBC Capital Markets. The company was maintained on Thursday, August 11 by TD Securities. The firm has “Outperform” rating given on Friday, August 26 by RBC Capital Markets. The firm earned “Outperform” rating on Wednesday, August 19 by RBC Capital Markets. Scotia Capital maintained the stock with “Outperform” rating in Thursday, August 18 report. On Friday, October 7 the stock rating was maintained by Scotia Capital with “Outperform”. See Stornoway Diamond Corporation (TSE:SWY) latest ratings:

17/08/2017 Broker: TD Securities Rating: Hold Old Target: $0.90 New Target: $0.85 Target Down

D-E Shaw & Company Inc decreased Lindsay Corp (LNN) stake by 44.35% reported in 2017Q2 SEC filing. D-E Shaw & Company Inc sold 5,465 shares as Lindsay Corp (LNN)’s stock rose 7.84%. The D-E Shaw & Company Inc holds 6,857 shares with $612,000 value, down from 12,322 last quarter. Lindsay Corp now has $979.95 million valuation. The stock decreased 0.20% or $0.18 during the last trading session, reaching $91.61. About 81,337 shares traded. Lindsay Corporation (NYSE:LNN) has risen 25.75% since December 12, 2016 and is uptrending. It has outperformed by 9.05% the S&P500.

D-E Shaw & Company Inc increased Mckesson Corp (Call) (NYSE:MCK) stake by 10,000 shares to 20,000 valued at $3.29 million in 2017Q2. It also upped Berkshire Hathaway Inc Del (BRKB) stake by 1.04 million shares and now owns 1.16 million shares. Intel Corp (NASDAQ:INTC) was raised too.

Investors sentiment increased to 1.32 in Q2 2017. Its up 0.46, from 0.86 in 2017Q1. It improved, as 14 investors sold LNN shares while 51 reduced holdings. 20 funds opened positions while 36 raised stakes. 10.29 million shares or 5.72% less from 10.91 million shares in 2017Q1 were reported. New York-based Neuberger Berman Group Limited Liability Company has invested 0.09% in Lindsay Corporation (NYSE:LNN). Piedmont Invest Advsrs Ltd Limited Liability Company has invested 0% in Lindsay Corporation (NYSE:LNN). Employees Retirement Systems Of Texas holds 0.02% or 16,000 shares in its portfolio. 11,303 were reported by Wells Fargo & Mn. American International Grp Inc Inc invested in 7,870 shares. Schroder Investment Mgmt holds 0.01% or 43,260 shares in its portfolio. 313 were reported by Bank Of Montreal Can. Sei Invests has 970 shares for 0% of their portfolio. John G Ullman & Associate holds 2.71% or 153,225 shares in its portfolio. Arizona State Retirement System owns 5,534 shares. Credit Suisse Ag has 0% invested in Lindsay Corporation (NYSE:LNN). Citigroup Incorporated holds 0% or 6,978 shares. Art Advsrs Llc owns 6,855 shares or 0.03% of their US portfolio. Texas-based King Luther Capital Mngmt Corp has invested 0.08% in Lindsay Corporation (NYSE:LNN). Renaissance Technology Lc owns 298,000 shares or 0.03% of their US portfolio.

Analysts await Lindsay Corporation (NYSE:LNN) to report earnings on December, 20. They expect $0.36 earnings per share, up 350.00% or $0.28 from last year’s $0.08 per share. LNN’s profit will be $3.85M for 63.62 P/E if the $0.36 EPS becomes a reality. After $0.59 actual earnings per share reported by Lindsay Corporation for the previous quarter, Wall Street now forecasts -38.98% negative EPS growth.

Among 7 analysts covering Lindsay (NYSE:LNN), 1 have Buy rating, 1 Sell and 5 Hold. Therefore 14% are positive. Lindsay had 18 analyst reports since August 31, 2015 according to SRatingsIntel. Zacks downgraded the shares of LNN in report on Monday, August 31 to “Buy” rating. The stock of Lindsay Corporation (NYSE:LNN) earned “Neutral” rating by PiperJaffray on Monday, November 28. Stifel Nicolaus upgraded Lindsay Corporation (NYSE:LNN) on Thursday, December 1 to “Hold” rating. On Thursday, June 2 the stock rating was downgraded by Stifel Nicolaus to “Sell”. Stifel Nicolaus maintained the stock with “Sell” rating in Friday, October 14 report. Monness Crespi & Hardt maintained it with “Sell” rating and $62 target in Monday, September 14 report. The firm has “Hold” rating given on Friday, September 8 by Piper Jaffray. On Friday, July 7 the stock rating was maintained by Stifel Nicolaus with “Hold”. The company was maintained on Thursday, August 17 by Stifel Nicolaus. The stock has “Underweight” rating by Piper Jaffray on Thursday, December 24.

The stock increased 1.47% or $0.01 during the last trading session, reaching $0.69. About 192,082 shares traded. Stornoway Diamond Corporation (TSE:SWY) has 0.00% since December 12, 2016 and is . It has underperformed by 16.70% the S&P500.

Stornoway Diamond Corporation engages in the mining, acquisition, and exploration of diamond properties in Canada. The company has market cap of $576.13 million. The Company’s principal project is the Renard diamond project located in north-central Quebec. It has a 11.9 P/E ratio.

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