Goelzer Investment Management Upped Its Hanesbrands (HBI) Holding; Layne Christensen Co (LAYN) Sentiment Is 0.86

May 18, 2018 - By Michael Collier

Layne Christensen Company (NASDAQ:LAYN) Logo

Goelzer Investment Management Inc increased Hanesbrands Inc (HBI) stake by 33.2% reported in 2017Q4 SEC filing. Goelzer Investment Management Inc acquired 66,009 shares as Hanesbrands Inc (HBI)’s stock declined 7.94%. The Goelzer Investment Management Inc holds 264,856 shares with $5.54 million value, up from 198,847 last quarter. Hanesbrands Inc now has $6.58B valuation. The stock increased 0.63% or $0.115 during the last trading session, reaching $18.255. About 4.07M shares traded. Hanesbrands Inc. (NYSE:HBI) has declined 8.16% since May 18, 2017 and is downtrending. It has underperformed by 19.71% the S&P500.

Layne Christensen Co (LAYN) investors sentiment decreased to 0.86 in Q4 2017. It’s down -0.59, from 1.45 in 2017Q3. The ratio turned negative, as 36 investment managers opened new or increased holdings, while 42 decreased and sold their stakes in Layne Christensen Co. The investment managers in our database now hold: 18.46 million shares, up from 18.10 million shares in 2017Q3. Also, the number of investment managers holding Layne Christensen Co in top ten holdings increased from 1 to 2 for an increase of 1. Sold All: 14 Reduced: 28 Increased: 22 New Position: 14.

More notable recent Hanesbrands Inc. (NYSE:HBI) news were published by: Seekingalpha.com which released: “Hanesbrands: Honing In On A Swing Low” on May 15, 2018, also Seekingalpha.com with their article: “HanesBrands: Value-Investor Opportunity” published on April 25, 2018, Seekingalpha.com published: “Hanesbrands: A Defensive Cash Cow” on May 08, 2018. More interesting news about Hanesbrands Inc. (NYSE:HBI) were released by: Seekingalpha.com and their article: “Small Cap Dividend Spotlight: HanesBrands” published on April 29, 2018 as well as Seekingalpha.com‘s news article titled: “Why Hanesbrands Is Falling” with publication date: May 03, 2018.

Investors sentiment decreased to 1.11 in 2017 Q4. Its down 0.04, from 1.15 in 2017Q3. It dived, as 75 investors sold HBI shares while 173 reduced holdings. 79 funds opened positions while 197 raised stakes. 337.77 million shares or 0.93% more from 334.65 million shares in 2017Q3 were reported. State Teachers Retirement Systems stated it has 0.03% of its portfolio in Hanesbrands Inc. (NYSE:HBI). Alexandria Capital Limited Company reported 120,821 shares. Amp Capital holds 0.01% of its portfolio in Hanesbrands Inc. (NYSE:HBI) for 112,905 shares. The Oregon-based Northwest Invest Counselors Ltd Company has invested 0.51% in Hanesbrands Inc. (NYSE:HBI). Hl Fin Service Ltd Liability Corp owns 42,056 shares or 0.02% of their US portfolio. Kings Point Cap Mgmt holds 75,984 shares or 0.33% of its portfolio. Pictet Asset Mngmt Limited has 0.01% invested in Hanesbrands Inc. (NYSE:HBI). First Personal Fincl Service holds 448 shares. Advisory Services Ntwk Ltd holds 4,378 shares. Oxbow Limited Com accumulated 147,330 shares or 0.58% of the stock. Brown Brothers Harriman holds 501 shares. 276,418 were reported by Great West Life Assurance Co Can. Argent reported 0.11% stake. Stewart & Patten Llc has 1.06% invested in Hanesbrands Inc. (NYSE:HBI) for 284,292 shares. Jlb And Assoc Inc invested 0.33% in Hanesbrands Inc. (NYSE:HBI).

Among 21 analysts covering Hanesbrands (NYSE:HBI), 11 have Buy rating, 0 Sell and 10 Hold. Therefore 52% are positive. Hanesbrands had 64 analyst reports since September 17, 2015 according to SRatingsIntel. As per Thursday, February 8, the company rating was maintained by FBR Capital. The stock of Hanesbrands Inc. (NYSE:HBI) has “Overweight” rating given on Wednesday, May 2 by Barclays Capital. Citigroup downgraded Hanesbrands Inc. (NYSE:HBI) on Tuesday, December 19 to “Neutral” rating. The company was upgraded on Monday, December 12 by CL King. On Thursday, September 21 the stock rating was downgraded by Nomura to “Neutral”. The stock has “Neutral” rating by Nomura on Thursday, November 2. The firm has “Hold” rating given on Thursday, November 2 by Stifel Nicolaus. The rating was downgraded by Cowen & Co to “Market Perform” on Wednesday, October 12. The stock of Hanesbrands Inc. (NYSE:HBI) has “Hold” rating given on Thursday, February 8 by Stifel Nicolaus. DA Davidson downgraded Hanesbrands Inc. (NYSE:HBI) on Monday, October 26 to “Neutral” rating.

Since February 15, 2018, it had 0 insider purchases, and 1 insider sale for $1.07 million activity. Another trade for 51,743 shares valued at $1.07 million was sold by Upchurch W Howard Jr.

The stock increased 0.80% or $0.13 during the last trading session, reaching $15.99. About 51,926 shares traded. Layne Christensen Company (LAYN) has risen 62.03% since May 18, 2017 and is uptrending. It has outperformed by 50.48% the S&P500.

Layne Christensen Company operates as a water management, construction, and drilling firm that provides solutions for the water, mineral, and energy markets in the United States and internationally. The company has market cap of $318.42 million. The companyÂ’s Water Resources segment offers water-related services and products, including hydrologic design and construction; source of supply exploration; well and intake construction; and well and pump rehabilitation services. It currently has negative earnings. This segment also provides water treatment equipment engineering services and systems for the treatment of regulated and nuisance contaminants.

Analysts await Layne Christensen Company (NASDAQ:LAYN) to report earnings on June, 14. They expect $-0.10 earnings per share, up 41.18% or $0.07 from last year’s $-0.17 per share. After $-0.35 actual earnings per share reported by Layne Christensen Company for the previous quarter, Wall Street now forecasts -71.43% EPS growth.

Another recent and important Layne Christensen Company (NASDAQ:LAYN) news was published by Nasdaq.com which published an article titled: “Consolidated Research: 2018 Summary Expectations for Verint, Mesabi Trust, Clearwater Paper, Agile Therapeutics …” on May 18, 2018.

Hanesbrands Inc. (NYSE:HBI) Institutional Positions Chart

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