Economy

Leggett & Platt Inc (NYSE:LEG): Institutional Investors Aren't Crazy About It

The Speece Thorson Capital Group Inc holds 302,524 shares with $14.79 million value, up from 286,057 last quarter. Genpact Limited now has $5.39B valuation. The stock increased 0.21% or $0.06 on September 6, reaching $28.05. About 766,391 shares traded. It has underperformed by 11.30% the S&P500.

United Capital Financial Advisers Llc increased its stake in Baker Hughes Inc (BHI) by 75.6% based on its latest 2016Q4 regulatory filing with the SEC. The dividend will be $0.360 per share for the quarter or $1.44 annualized.

The P/E ratio is 18.47 and the market value is 6.16B. The stock closing price is now trading upward to its 50 day moving average with change of 5.81%, escalated to its 20 day moving average with figure of 1.55% and above its 200 day moving average with value 12.83%.

About 167,387 shares traded. (NYSE:LEG) has risen 4.35% since September 7, 2016 and is uptrending. It has underperformed by 12.35% the S&P500.

In recent action, Leggett & Platt, Incorporated (LEG) has made a move of -8.81% over the past month, which has come on Strong relative transaction volume. Its up 0.08, from 0.77 in 2016Q3. Cambridge Advisors Inc reported 13,329 shares or 0.01% of all its holdings. 39 funds opened positions while 62 raised stakes. (NYSE:LEG). Koshinski Asset Management holds 5,245 shares or 0% of its portfolio. Hillman invested 4.88% in Genpact Limited (NYSE:G). Deutsche Savings Bank Ag holds 106,037 shares. Trexquant L P accumulated 0.03% or 11,734 shares. Mitsubishi Ufj Trust Bk stated it has 0.03% of its portfolio in Leggett & Platt, Inc. 40 were reported by Point72 Asia (Hong Kong) Limited. The firm owned 244,453 shares of the company's stock after selling 288 shares during the quarter. (NYSE:LEG). Wells Fargo Mn holds 0.01% or 658,011 shares. On the bright side, the company's share price has been on the rebound, up more than 27.21% since hitting lows of $44.02 on October 27, 2016. Livforsakringsbolaget Skandia Omsesidigt reported 5,515 shares. Schwab Charles Investment Management Incorporated has 718,811 shares for 0.04% of their portfolio. Gradient Lc stated it has 0% of its portfolio in Leggett & Platt, Inc. QHC's SI was 2.52M shares in September as released by FINRA.

Morgan Dempsey Capital Management LLC raised its position in shares of Leggett & Platt, by 19.0% during the first quarter. It also reduced Versum Materials Inc stake by 187,491 shares and now owns 664,692 shares. Therefore 0 are positive. (NYSE:LEG) on Wednesday, February 1 to "Strong Buy" rating. The rating was initiated by Susquehanna with "Neutral" on Wednesday, June 8. The company has market cap of $3.33 billion. On these bases, analysts would recommend this stock as an "Active Revolving Stocks".

Separately, the company said it completed the sale of Masterack, the lone business remaining in its commercial vehicle products operation, on August 4. Piper Jaffray has "Buy" rating and $5900 target. 1 is equivalent to a buy rating, 3 a hold rating, and 5 a sell rating. Therefore 63% are positive. LEG was included in 13 notes of analysts from August 5, 2015. The rating was upgraded by Hilliard Lyons to "Long-Term Buy" on Monday, July 24.

The firm has shaped a compelling indication for investors in the most recent trading. Gabelli initiated coverage on shares of Leggett & Platt, in a research report on Wednesday, June 21st. (NYSE:LEG) earned " rating by Raymond James on Monday, August 31. Piper Jaffray maintained the shares of LEG in report on Monday, August 14 with "Buy" rating. The stock presently has a consensus rating of "Hold" and a consensus price target of $56.88. The company was upgraded on Friday, September 11 by JP Morgan.

Leggett & Platt, (NYSE LEG) opened at 45.72 on Friday.

Since May 1, 2017, it had 0 insider buys, and 5 sales for $2.48 million activity.

In other news, insider Matthew C. Flanigan sold 19,589 shares of the business's stock in a transaction that occurred on Monday, July 31st. (NYSE:LEG) was sold by Douglas Scott S on Wednesday, May 3. (NYSE:LEG). Thompson Rubinstein Invest Management Or holds 5,500 shares.

Investors sentiment decreased to 0.88 in 2016 Q4. Its down 0.23, from 1.34 in 2016Q3. Sold All: 50 Reduced: 163 Increased: 128 New Position: 60.

These funds have shifted positions in (LEG). Moors And Cabot invested 0.05% of its portfolio in Leggett & Platt, Inc. (NYSE:LEG). Old Republic Corp reported 1.02% in Leggett & Platt, Inc. (NYSE:LEG) or 43,677 shares. Jpmorgan Chase And reported 16,950 shares. (NASDAQ:CREE) higher to the next line of resistance at $25.11 a share. Cibc Asset Management Incorporated has invested 0% of its portfolio in Leggett & Platt, Inc. (NYSE:LEG) is a huge mover today! State of Wisconsin Investment Board now owns 121,673 shares of the company's stock valued at $6,391,000 after buying an additional 30,250 shares during the last quarter. (NYSE:LEG). Twin Cap Mgmt reported 13,790 shares. Homrich And Berg stated it has 0.02% of its portfolio in Leggett & Platt, Inc. The stock had a fall in short interest of -3.35% as of August 15, 2017 from the last reporting period. Raymond James And Assoc accumulated 164,155 shares. Federated Invsts Pa owns 899,735 shares.

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