Were Analysts Bearish Layne Christensen Company (NASDAQ:LAYN) This Week?

June 20, 2017 - By Ellis Scott

 Were Analysts Bearish Layne Christensen Company (NASDAQ:LAYN) This Week?
Investors sentiment increased to 1.13 in Q4 2016. Its up 0.10, from 1.03 in 2016Q3. It is positive, as 4 investors sold Layne Christensen Company shares while 28 reduced holdings. 16 funds opened positions while 20 raised stakes. 18.07 million shares or 2.42% less from 18.52 million shares in 2016Q3 were reported.
12,500 are owned by Campbell & Investment Adviser Ltd Llc. California State Teachers Retirement Sys holds 37,268 shares. 36,680 are held by Bridgeway. Brandes Investment Ptnrs L P has invested 0% of its portfolio in Layne Christensen Company (NASDAQ:LAYN). Bnp Paribas Arbitrage accumulated 0% or 480 shares. Washington-based Parametric Portfolio Assoc Ltd has invested 0% in Layne Christensen Company (NASDAQ:LAYN). 1.04 million were accumulated by Dimensional Fund Advisors Limited Partnership. Blackrock Advsr Ltd Company holds 0% or 10,872 shares. Gabelli Funds Ltd Limited Liability Company has invested 0.03% in Layne Christensen Company (NASDAQ:LAYN). Manufacturers Life The has invested 0% of its portfolio in Layne Christensen Company (NASDAQ:LAYN). Susquehanna Gp Ltd Liability Partnership reported 10,641 shares. Nationwide Fund Advsr has invested 0% in Layne Christensen Company (NASDAQ:LAYN). Highlander Cap Management Lc owns 0.02% invested in Layne Christensen Company (NASDAQ:LAYN) for 2,000 shares. Blackrock Fund Advsrs reported 606,599 shares. 374,630 were reported by Calvert Inv Mngmt.

Layne Christensen Company (NASDAQ:LAYN) Ratings Coverage

Among 2 analysts covering Layne Christensen (NASDAQ:LAYN), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Layne Christensen had 4 analyst reports since August 18, 2015 according to SRatingsIntel. The firm earned “Neutral” rating on Monday, March 7 by DA Davidson. Maxim Group initiated Layne Christensen Company (NASDAQ:LAYN) on Friday, February 19 with “Buy” rating. The company was downgraded on Tuesday, August 18 by Zacks. Below is a list of Layne Christensen Company (NASDAQ:LAYN) latest ratings and price target changes.

About 32,661 shares traded. Layne Christensen Company (NASDAQ:LAYN) has declined 11.47% since June 20, 2016 and is downtrending. It has underperformed by 28.17% the S&P500.

Layne Christensen Company is a water management, construction and drilling company. The company has market cap of $170.68 million. The Firm provides drilling solutions for water management, mineral services and specialty drilling needs. It currently has negative earnings. The Firm operates through three divisions: Water Resources, Inliner and Mineral Services.

More notable recent Layne Christensen Company (NASDAQ:LAYN) news were published by: Seekingalpha.com which released: “Layne Christensen’s (LAYN) CEO Michael Caliel on Q1 2018 Results – Earnings …” on June 09, 2017, also Reuters.com with their article: “BRIEF-Layne Christensen reports definitive agreement to sell heavy civil business” published on February 09, 2017, Prnewswire.com published: “Layne Christensen Announces Fiscal 2018 First Quarter Earnings Release And …” on May 26, 2017. More interesting news about Layne Christensen Company (NASDAQ:LAYN) were released by: Seekingalpha.com and their article: “Layne Christensen: Decent Execution Means Big Upside” published on May 09, 2017 as well as Prnewswire.com‘s news article titled: “Layne Christensen Announces Closing Of Sale Of Heavy Civil Business” with publication date: May 01, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.