As Layne Christensen Company (LAYN) Stock Declined, Cove Street Capital Trimmed Stake by $1.34 Million; As V F (VFC) Valuation Declined, Carl Domino Boosted Stake

January 13, 2018 - By Adrian Mccoy

Carl Domino Inc increased its stake in V F Corp (VFC) by 35.96% based on its latest 2017Q3 regulatory filing with the SEC. Carl Domino Inc bought 5,770 shares as the company’s stock declined 0.53% while stock markets rallied. The institutional investor held 21,815 shares of the apparel company at the end of 2017Q3, valued at $1.39 million, up from 16,045 at the end of the previous reported quarter. Carl Domino Inc who had been investing in V F Corp for a number of months, seems to be bullish on the $30.74B market cap company. The stock increased 0.79% or $0.61 during the last trading session, reaching $77.8. About 2.02M shares traded. V.F. Corporation (NYSE:VFC) has declined 13.07% since January 13, 2017 and is downtrending. It has underperformed by 29.77% the S&P500.

Jeffrey Bronchick decreased its stake in Layne Christensen Company (LAYN) by 55.7% based on its latest 2017Q3 regulatory filing with the SEC. Cove Street Capital Llc sold 111,400 shares as the company’s stock declined 21.32% while stock markets rallied. The hedge fund run by Jeffrey Bronchick held 88,600 shares of the engineering & construction company at the end of 2017Q3, valued at $1.11 million, down from 200,000 at the end of the previous reported quarter. Cove Street Capital Llc who had been investing in Layne Christensen Company for a number of months, seems to be less bullish one the $265.23 million market cap company. The stock increased 0.23% or $0.03 during the last trading session, reaching $13.34. About 88,101 shares traded. Layne Christensen Company (NASDAQ:LAYN) has declined 11.47% since January 13, 2017 and is downtrending. It has underperformed by 28.17% the S&P500.

Investors sentiment increased to 1.08 in 2017 Q3. Its up 0.15, from 0.93 in 2017Q2. It is positive, as 42 investors sold VFC shares while 233 reduced holdings. 85 funds opened positions while 211 raised stakes. 395.35 million shares or 2.44% less from 405.25 million shares in 2017Q2 were reported. National Bank Of Hawaii has invested 0.08% in V.F. Corporation (NYSE:VFC). Commercial Bank Of Montreal Can holds 711,098 shares. Massachusetts Financial Svcs Ma accumulated 2.39 million shares. The California-based Tarbox Family Office has invested 0.01% in V.F. Corporation (NYSE:VFC). Pillar Pacific Cap Mngmt Ltd Com owns 76,997 shares. Voloridge Ltd stated it has 0.09% in V.F. Corporation (NYSE:VFC). Arrowstreet Cap Partnership has invested 0.01% in V.F. Corporation (NYSE:VFC). Umb Fincl Bank N A Mo has 608,618 shares for 1.33% of their portfolio. Dnb Asset Management As holds 35,716 shares or 0.03% of its portfolio. Davis R M Inc holds 276,564 shares. Atlantic Trust Grp Inc Ltd Liability Company reported 1.19M shares or 0.34% of all its holdings. Putnam Fl Investment Mngmt accumulated 108,834 shares or 0.66% of the stock. Guggenheim Cap Limited Company has invested 0.1% in V.F. Corporation (NYSE:VFC). Brinker Cap Inc has invested 0.01% in V.F. Corporation (NYSE:VFC). Perigon Wealth Mgmt Ltd owns 714 shares.

Since August 18, 2017, it had 0 buys, and 7 selling transactions for $35.61 million activity. The insider WISEMAN ERIC C sold 110,943 shares worth $7.06 million. On Monday, August 21 MCCOLLOUGH W ALAN sold $1.44M worth of V.F. Corporation (NYSE:VFC) or 22,852 shares. $990,549 worth of stock was sold by MEAGHER LAURA C on Thursday, October 26. The insider Roe Scott A. sold 18,952 shares worth $1.34M. The insider O’Meara Aidan sold 29,336 shares worth $1.83 million.

Among 28 analysts covering V.F. Corp (NYSE:VFC), 10 have Buy rating, 1 Sell and 17 Hold. Therefore 36% are positive. V.F. Corp had 95 analyst reports since July 24, 2015 according to SRatingsIntel. The firm has “Buy” rating by Brean Capital given on Friday, July 15. Forward View Consulting upgraded the stock to “Hold” rating in Friday, July 28 report. On Tuesday, January 3 the stock rating was downgraded by Piper Jaffray to “Neutral”. Sterne Agee CRT downgraded the stock to “Neutral” rating in Tuesday, August 4 report. The stock has “Buy” rating by Canaccord Genuity on Thursday, October 19. The stock of V.F. Corporation (NYSE:VFC) earned “Hold” rating by BB&T Capital on Monday, April 25. Brean Capital maintained the shares of VFC in report on Monday, February 22 with “Buy” rating. The rating was upgraded by Morgan Stanley on Wednesday, February 22 to “Equal-Weight”. The stock of V.F. Corporation (NYSE:VFC) has “Hold” rating given on Tuesday, August 15 by Forward View Consulting. As per Friday, December 15, the company rating was maintained by Stifel Nicolaus.

Carl Domino Inc, which manages about $237.47M and $81.96M US Long portfolio, decreased its stake in Brocade Communications Sys I (NASDAQ:BRCD) by 33,500 shares to 17,250 shares, valued at $206,000 in 2017Q3, according to the filing.

Investors sentiment increased to 1.45 in 2017 Q3. Its up 0.42, from 1.03 in 2017Q2. It increased, as 7 investors sold LAYN shares while 22 reduced holdings. 20 funds opened positions while 22 raised stakes. 18.10 million shares or 3.49% more from 17.48 million shares in 2017Q2 were reported. Parametric Port Ltd Company holds 42,767 shares or 0% of its portfolio. First Eagle Investment Mngmt Limited holds 65,200 shares or 0% of its portfolio. Van Eck reported 27,350 shares. Wynnefield owns 8.55% invested in Layne Christensen Company (NASDAQ:LAYN) for 1.90 million shares. Corsair Management Lp has 0.21% invested in Layne Christensen Company (NASDAQ:LAYN) for 100,430 shares. 13,524 are owned by Metropolitan Life Insurance Co. Vanguard Inc has 795,415 shares. Blackrock has 0% invested in Layne Christensen Company (NASDAQ:LAYN). The New York-based New York State Common Retirement Fund has invested 0% in Layne Christensen Company (NASDAQ:LAYN). Van Den Berg Mgmt I has invested 2.99% of its portfolio in Layne Christensen Company (NASDAQ:LAYN). California Employees Retirement System has invested 0% in Layne Christensen Company (NASDAQ:LAYN). Ameritas Inv owns 1,411 shares. Zacks Inv Mngmt holds 13,172 shares. American Interest Grp holds 0% or 12,103 shares. Bnp Paribas Arbitrage invested in 0% or 1,691 shares.

Cove Street Capital Llc, which manages about $763.78 million and $896.45 million US Long portfolio, upped its stake in Viasat Inc (NASDAQ:VSAT) by 11,312 shares to 673,010 shares, valued at $43.29 million in 2017Q3, according to the filing. It also increased its holding in Wesco Aircraft Holdings Inc (NYSE:WAIR) by 291,025 shares in the quarter, for a total of 4.67 million shares, and has risen its stake in Tupperware Brands Corp (NYSE:TUP).

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