Layne Christensen Company (LAYN) Reaches $7.59 After 7.00% Up Move; Davis Capital Partners Raised By $870,000 Its Capital One Financial (COF) Position

June 8, 2017 - By Richard Conner

Davis Capital Partners Llc increased Capital One Financial Corp (COF) stake by 1.61% reported in 2016Q4 SEC filing. Davis Capital Partners Llc acquired 10,000 shares as Capital One Financial Corp (COF)’s stock declined 12.57%. The Davis Capital Partners Llc holds 630,000 shares with $54.96 million value, up from 620,000 last quarter. Capital One Financial Corp now has $38.66B valuation. The stock rose 0.65% or $0.51 reaching $79.41 per share. About 1.90M shares traded. Capital One Financial Corp. (NYSE:COF) has risen 13.81% since June 8, 2016 and is uptrending. It has underperformed by 2.89% the S&P500.

The stock of Layne Christensen Company (NASDAQ:LAYN) is a huge mover today! About 90,520 shares traded or 6.21% up from the average. Layne Christensen Company (NASDAQ:LAYN) has declined 11.47% since June 8, 2016 and is downtrending. It has underperformed by 28.17% the S&P500.The move comes after 5 months positive chart setup for the $149.29 million company. It was reported on Jun, 8 by Barchart.com. We have $8.12 PT which if reached, will make NASDAQ:LAYN worth $10.45 million more.

Investors sentiment increased to 1.13 in Q4 2016. Its up 0.10, from 1.03 in 2016Q3. It improved, 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. Moreover, Nationwide Fund Advisors has 0% invested in Layne Christensen Company (NASDAQ:LAYN). Deutsche Bank & Trust Ag holds 24,757 shares or 0% of its portfolio. Geode Capital Mngmt Limited Liability Company reported 135,842 shares. First Eagle Invest Mngmt Ltd holds 0% or 65,200 shares in its portfolio. Millennium Mngmt Limited Liability Com reported 0% stake. Kanaly Tru invested in 12,500 shares or 0.03% of the stock. Blackrock holds 0% or 1,012 shares in its portfolio. 44,600 were accumulated by Gsa Capital Ptnrs Llp. Rutabaga Capital Management Ltd Limited Liability Company Ma owns 1.47 million shares. Barclays Public Ltd Company reported 0% in Layne Christensen Company (NASDAQ:LAYN). First Lp reported 272,816 shares. Kbc Nv holds 0.02% of its portfolio in Layne Christensen Company (NASDAQ:LAYN) for 204,186 shares. 10,793 were reported by Bancorp Of America De. Hutchin Hill Limited Partnership owns 21,700 shares. Renaissance Techs Ltd Limited Liability Company reported 694,054 shares.

Layne Christensen Company is a water management, construction and drilling company. The company has market cap of $149.29 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.

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 rating was downgraded by Zacks on Tuesday, August 18 to “Buy”. On Friday, February 19 the stock rating was initiated by Maxim Group with “Buy”. The rating was maintained by DA Davidson on Monday, March 7 with “Neutral”.

Since December 12, 2016, it had 0 insider buys, and 22 selling transactions for $108.85 million activity. Alexander Robert M. had sold 14,446 shares worth $1.38 million. GROSS PATRICK W also sold $3.63M worth of Capital One Financial Corp. (NYSE:COF) shares. 8,998 Capital One Financial Corp. (NYSE:COF) shares with value of $792,634 were sold by LEROY PIERRE E. 39,297 shares were sold by Borgmann Kevin S., worth $3.47 million. On Wednesday, February 1 Wassmer Michael J sold $770,875 worth of Capital One Financial Corp. (NYSE:COF) or 8,750 shares. Shares for $950,200 were sold by Sanjiv Yajnik on Wednesday, March 1. 9,429 Capital One Financial Corp. (NYSE:COF) shares with value of $881,517 were sold by FINNERAN JOHN G JR.