Exchange Traded Concepts LLC Has $1.21 Million Position in Lindsay Co. (NYSE:LNN)

Exchange Traded Concepts LLC boosted its position in Lindsay Co. (NYSE:LNN) by 222.6% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 9,669 shares of the industrial products company’s stock after buying an additional 6,672 shares during the quarter. Exchange Traded Concepts LLC owned approximately 0.09% of Lindsay worth $1,205,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. raised its holdings in shares of Lindsay by 0.3% in the first quarter. Vanguard Group Inc. now owns 1,284,033 shares of the industrial products company’s stock valued at $151,079,000 after purchasing an additional 4,214 shares during the last quarter. Dimensional Fund Advisors LP grew its position in Lindsay by 6.7% in the second quarter. Dimensional Fund Advisors LP now owns 341,554 shares of the industrial products company’s stock valued at $41,975,000 after purchasing an additional 21,474 shares in the last quarter. Principal Financial Group Inc. increased its stake in Lindsay by 0.4% in the 1st quarter. Principal Financial Group Inc. now owns 58,725 shares of the industrial products company’s stock valued at $6,910,000 after buying an additional 230 shares during the last quarter. Heartland Advisors Inc. lifted its position in Lindsay by 26.8% during the 1st quarter. Heartland Advisors Inc. now owns 53,003 shares of the industrial products company’s stock worth $6,236,000 after buying an additional 11,207 shares in the last quarter. Finally, Deprince Race & Zollo Inc. acquired a new position in shares of Lindsay during the 2nd quarter worth about $6,402,000. Institutional investors own 89.94% of the company’s stock.

Lindsay Price Performance

Shares of NYSE LNN opened at $119.76 on Thursday. The company has a debt-to-equity ratio of 0.24, a current ratio of 3.95 and a quick ratio of 2.56. The business has a 50-day moving average of $121.00 and a 200-day moving average of $118.47. The stock has a market capitalization of $1.30 billion, a price-to-earnings ratio of 18.17 and a beta of 0.61. Lindsay Co. has a fifty-two week low of $106.46 and a fifty-two week high of $137.31.

About Lindsay

Lindsay Corporation, together with its subsidiaries, provides water management and road infrastructure products and services in the United States and internationally. It operates in two segments, Irrigation and Infrastructure. The Irrigation segment manufactures and markets center pivot, lateral move irrigation systems, and irrigation controls under the Zimmatic brand; hose reel travelers under the Perrot brand; and chemical injection systems, variable rate irrigation systems, flow meters, weather stations, soil moisture sensors, and remote monitoring and control systems.