Ensemble Capital Management Upped By $1.59 Million Its Now (DNOW) Stake; Lakeland Financial (LKFN) Had 0 Bullish Analysts

July 17, 2017 - By Stephen Andrade

Ensemble Capital Management Llc increased Now Inc (DNOW) stake by 10.69% reported in 2016Q4 SEC filing. Ensemble Capital Management Llc acquired 79,315 shares as Now Inc (DNOW)’s stock declined 12.97%. The Ensemble Capital Management Llc holds 821,040 shares with $16.81M value, up from 741,725 last quarter. Now Inc now has $1.73B valuation. The stock declined 0.09% or $0.01 reaching $15.99 on the news. About 921,161 shares traded. NOW Inc (NYSE:DNOW) has risen 9.86% since July 17, 2016 and is uptrending. It has underperformed by 6.84% the S&P500.

Among 6 analysts covering Lakeland Financial (NASDAQ:LKFN), 0 have Buy rating, 0 Sell and 6 Hold. Therefore 0 are positive. Lakeland Financial had 7 analyst reports since July 28, 2015 according to SRatingsIntel. The company was initiated on Thursday, July 21 by DA Davidson. Raymond James downgraded the shares of LKFN in report on Thursday, December 17 to “Mkt Perform” rating. The stock has “Market Perform” rating by Wood on Tuesday, August 9. The stock has “Hold” rating by Keefe Bruyette & Woods on Thursday, June 1. The firm has “Market Perform” rating given on Tuesday, October 27 by FIG Partners. Stephens downgraded Lakeland Financial Corporation (NASDAQ:LKFN) on Monday, June 13 to “Equal-Weight” rating. See Lakeland Financial Corporation (NASDAQ:LKFN) latest ratings:

01/06/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $45.0000 Maintain

Among 11 analysts covering Now Inc (NYSE:DNOW), 6 have Buy rating, 0 Sell and 5 Hold. Therefore 55% are positive. Now Inc had 20 analyst reports since August 6, 2015 according to SRatingsIntel. Cowen & Co maintained NOW Inc (NYSE:DNOW) rating on Friday, July 7. Cowen & Co has “Hold” rating and $1600 target. Stifel Nicolaus maintained the stock with “Buy” rating in Thursday, July 6 report. The company was downgraded on Wednesday, June 21 by Seaport Global. The rating was downgraded by Stephens on Thursday, August 6 to “Equal Weight”. The stock has “Positive” rating by Susquehanna on Tuesday, January 10. JP Morgan maintained NOW Inc (NYSE:DNOW) rating on Wednesday, February 24. JP Morgan has “Neutral” rating and $12 target. The firm earned “Market Perform” rating on Friday, September 16 by Cowen & Co. The company was upgraded on Thursday, May 4 by Seaport Global. Stifel Nicolaus maintained it with “Buy” rating and $2000 target in Friday, July 14 report. The firm earned “Neutral” rating on Tuesday, September 15 by Credit Suisse.

Investors sentiment increased to 0.96 in 2016 Q4. Its up 0.01, from 0.95 in 2016Q3. It increased, as 32 investors sold DNOW shares while 88 reduced holdings. 38 funds opened positions while 77 raised stakes. 107.32 million shares or 1.48% less from 108.93 million shares in 2016Q3 were reported. Texas-based Texas Permanent School Fund has invested 0.02% in NOW Inc (NYSE:DNOW). Cap Fund Management Sa has invested 0% in NOW Inc (NYSE:DNOW). Mutual Of America Cap Mngmt Ltd Liability Corporation reported 85,088 shares. Federated Incorporated Pa invested 0.04% in NOW Inc (NYSE:DNOW). The North Carolina-based First Personal Financial Serv has invested 0.01% in NOW Inc (NYSE:DNOW). Thrivent For Lutherans holds 0% or 18,390 shares. Of Oklahoma invested in 0% or 13,500 shares. Qs Investors Limited Liability invested in 0% or 54 shares. Marathon Asset Llp, United Kingdom-based fund reported 246,409 shares. Ahl Prtn Limited Liability Partnership has invested 0.13% in NOW Inc (NYSE:DNOW). Goldman Sachs Gp reported 0.01% of its portfolio in NOW Inc (NYSE:DNOW). Principal Group holds 0.01% or 451,290 shares in its portfolio. Blackrock holds 0% of its portfolio in NOW Inc (NYSE:DNOW) for 83,848 shares. Nomura Asset Mgmt Co holds 0% or 4,200 shares in its portfolio. Indexiq Advsr Ltd Liability Corporation invested in 4,076 shares.

Since March 7, 2017, it had 2 insider purchases, and 0 insider sales for $187,613 activity. $87,650 worth of stock was bought by Crandell James on Wednesday, May 24. The insider EADS RODNEY W bought $99,963.

Lakeland Financial Corporation is a bank holding company. The company has market cap of $1.13 billion. The Company, through its subsidiary, Lake City Bank , provides an array of services and products throughout its Northern and Central Indiana markets. It has a 21.34 P/E ratio. It offers commercial and consumer banking services, as well as trust and wealth management, brokerage, investment and treasury management commercial services.

Investors sentiment increased to 1.42 in 2016 Q4. Its up 0.46, from 0.96 in 2016Q3. It increased, as 5 investors sold Lakeland Financial Corporation shares while 40 reduced holdings. 24 funds opened positions while 40 raised stakes. 16.86 million shares or 49.39% less from 33.31 million shares in 2016Q3 were reported. Blackrock Inv Management Ltd Liability Corporation has 103,385 shares. Moreover, Kennedy Capital Mgmt Inc has 0.08% invested in Lakeland Financial Corporation (NASDAQ:LKFN). Geode Cap Limited Liability Corporation holds 0% of its portfolio in Lakeland Financial Corporation (NASDAQ:LKFN) for 204,080 shares. The New Jersey-based Bessemer Gru Incorporated Inc has invested 0% in Lakeland Financial Corporation (NASDAQ:LKFN). Citadel Advisors Lc stated it has 10,120 shares or 0% of all its holdings. Fmr Limited Liability Co accumulated 1.85 million shares or 0.01% of the stock. Chicago Equity Ptnrs holds 0.04% of its portfolio in Lakeland Financial Corporation (NASDAQ:LKFN) for 35,570 shares. Btim reported 0.26% stake. Opus Cap Gru Ltd Company holds 0.05% or 7,861 shares in its portfolio. Millennium Management Lc invested in 10,866 shares or 0% of the stock. Johnson Grp accumulated 450 shares or 0% of the stock. Pnc Group Incorporated accumulated 6,000 shares. Vanguard Gp has 0% invested in Lakeland Financial Corporation (NASDAQ:LKFN). 49,710 were accumulated by California State Teachers Retirement Systems. Cs Mckee Limited Partnership has invested 0.13% in Lakeland Financial Corporation (NASDAQ:LKFN).

Since February 6, 2017, it had 3 insider purchases, and 7 selling transactions for $981,339 activity. $287,936 worth of stock was bought by WELCH M SCOTT on Wednesday, February 8. $755,661 worth of stock was sold by KUBACKI MICHAEL L on Wednesday, February 8. Another trade for 600 shares valued at $25,565 was made by DE BATTY JILL A on Tuesday, May 30. Steiner Jonathan P sold $93,372 worth of Lakeland Financial Corporation (NASDAQ:LKFN) on Monday, February 6. Shares for $107,318 were sold by Gavin Michael E. $108,678 worth of Lakeland Financial Corporation (NASDAQ:LKFN) was sold by Pruitt Kristin on Monday, February 13. The insider NIEMIER CHARLES E bought $30,349.

About 69,646 shares traded. Lakeland Financial Corporation (NASDAQ:LKFN) has risen 35.39% since July 17, 2016 and is uptrending. It has outperformed by 18.69% the S&P500.

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