Economy

Lincoln National Corporation (LNC) Position Cut by BB&T Corp

The institutional investor held 281,375 shares of the publishing company at the end of 2017Q2, valued at $13.03 million, down from 379,988 at the end of the previous reported quarter. The 7 months bullish chart indicates low risk for the $17.10 billion company. Shareholders of record on Tuesday, October 10th will be given a $0.29 dividend. The NYSE listed company saw a recent bid of 76.41 and 489321 shares have traded hands in the session. It has underperformed by 32.15% the S&P500. Lincoln National Corporation's dividend payout ratio (DPR) is presently 18.83%. Old Mutual Global Index Trackers Ltd bought 8,600 shares as the company's stock declined 8.83% while stock markets rallied.

Lincoln National Corporation is a holding company, which operates insurance and retirement businesses through subsidiary companies. The company has a market cap of $15.29 billion, a PE ratio of 12.64 and a beta of 2.11. The stock has risen 31.35% since then. It has outperformed by 30.57% the S&P500.

Since January 1, 0001, it had 1 insider buy, and 0 selling transactions for $75,444 activity. The insider MEE MICHAEL F sold $2.06M.

More news for Lincoln National Corporation (NYSE:LNC) were recently published by: Nasdaq.com, which released: "Lincoln National Corporation (LNC) Ex-Dividend Date Scheduled for October 06, 2017" on October 05, 2017. On average, equities research analysts forecast that Lincoln National Corporation will post $7.49 EPS for the current year. Therefore 50% are positive.

After a recent check, Lincoln National Corp's 14-day RSI is now at 65.42, the 7-day stands at 65.06, and the 3-day is sitting at 60.62. On Friday, May 5 the stock rating was maintained by Wells Fargo with "Hold". On Wednesday, August 19 the stock rating was upgraded by Raymond James to "Outperform". RBC Capital Markets has "Buy" rating and $8300 target.

Lincoln National Corporation (LNC)'s earnings per share has been growing at a 47.2 percent rate over the past 5 year when average revenue increase was noted as 4.6 percent. RBC Capital Markets maintained it with "Sector Perform" rating and $52 target in Thursday, February 4 report. Beck Capital Management Llc sold 8,219 shares as Lincoln National Corp Ind (LNC)'s stock declined 8.83%. Citigroup maintained it with "Neutral" rating and $46 target in Wednesday, April 6 report.

Investors sentiment increased to 0.92 in Q2 2017. Its down 0.75, from 0.75 in 2017Q1. Sold All: 0 Reduced: 3 Increased: 0 New Position: 0. 71 funds opened positions while 168 raised stakes. The volume of LNC witnessed a shift from 1.33 million shares, based on a 50-day average, to 1.24 million shares. The percentage of shares being held by the company management was 1.4% while institutional stake was 90.5%. Qci Asset Mgmt New York holds 0% or 34 shares. State Board Of Administration Of Florida Retirement invested in 349,131 shares or 0.07% of the stock. Caprock Gp stated it has 5,805 shares. The stock experienced a rise in short interest from September 15, 2017 to September 29, 2017 of 7.79%. Cornerstone Advsr holds 803 shares or 0.03% of its portfolio. San Francisco Sentry Invest Group (Ca) accumulated 0% or 49 shares. Jupiter Asset Mngmt holds 0.13% or 53,511 shares in its portfolio. Silvercrest Asset Management Group Ltd holds 9,007 shares. 337.71 million shares or 11.77% less from 382.74 million shares in 2017Q1 were reported. State Teachers Retirement System holds 413,514 shares or 0.07% of its portfolio. Two Sigma Ltd Limited Liability Company owns 0.05% invested in Lincoln National Corporation (NYSE:LNC) for 3,658 shares. Nordea Inv Mngmt holds 229,939 shares. (NYSE:AL) stake by 154,125 shares to 18,579 valued at $694,000 in 2017Q2.

Westpac Banking Corp, which manages about $4.54 billion US Long portfolio, upped its stake in Douglas Emmett Inc (NYSE:DEI) by 45,208 shares to 183,441 shares, valued at $7.01B in 2017Q2, according to the filing. Nine investment analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company. Therefore 100% are positive. Baker Hughes Incorporated had 75 analyst reports since July 22, 2015 according to SRatingsIntel. After a recent check, the 14-day RSIfor Vision Company As (VISI) is now at 61.33, the 7-day stands at 68.06, and the 3-day is sitting at 73.60. The firm has "Hold" rating given on Monday, June 19 by RBC Capital Markets. The firm has "Market Perform" rating given on Thursday, August 3 by Cowen & Co. Sandler O'Neill initiated the shares of LNC in report on Thursday, August 27 with "Buy" rating. Barclays Capital maintained the stock with "Equal-Weight" rating in Tuesday, August 23 report. The company was maintained on Monday, September 11 by Cowen & Co. Legal & General Group Plc now owns 1,175,794 shares of the financial services provider's stock worth $76,953,000 after buying an additional 13,766 shares during the last quarter. It also increased its holding in Unsp Adr by 178,307 shares in the quarter, for a total of 1.26 million shares, and has risen its stake in Amphenol Corp (NYSE:APH).

Van Berkom & Associates Inc decreased its stake in Interval Leisure Group Inc (IILG) by 16.83% based on its latest 2017Q2 regulatory filing with the SEC. Prnewswire.com's article titled: "Thomson Reuters D&I Index Reveals 2017 Top 100 Most Diverse & Inclusive ..." and published on October 10, 2017 is yet another important article.



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