BlackRock Advisors LLC lowered a interest in Lincoln National Co. (NYSE:LNC) by 5.0% during a fourth quarter, Holdings Channel reports. The institutional financier owned 1,945,960 shares of a company’s batch after offered 102,399 shares during a period. BlackRock Advisors LLC owned 0.79% of Lincoln National value $97,804,000 during a finish of a many new stating period.
Several other sidestep supports also recently done changes to their positions in a stock. Numeric Investors LLC bought a new interest in shares of Lincoln National during a fourth entertain value approximately $59,268,000. Bank of Montreal Can increased a interest in shares of Lincoln National by 73.4% in a fourth quarter. Bank of Montreal Can now owns 2,236,419 shares of a company’s batch value $112,401,000 after shopping an additional 946,844 shares during a period. Morgan Stanley increased a interest in shares of Lincoln National by 93.1% in a fourth quarter. Morgan Stanley now owns 1,426,082 shares of a company’s batch value $71,674,000 after shopping an additional 687,459 shares during a period. Janus Capital Management increased a interest in shares of Lincoln National by 65.7% in a third quarter. Janus Capital Management now owns 987,635 shares of a company’s batch value $46,873,000 after shopping an additional 391,673 shares during a period. Finally, Vanguard Group Inc. increased a interest in shares of Lincoln National by 1.9% in a fourth quarter. Vanguard Group Inc. now owns 20,606,885 shares of a company’s batch value $1,035,702,000 after shopping an additional 374,493 shares during a period.
Lincoln National Co. (NYSE:LNC) traded adult 1.65% on Friday, reaching $44.26. The company’s batch had a trade volume of 613,311 shares. The organisation has a marketplace top of $10.66 billion and a price-to-earnings ratio of 9.81. Lincoln National Co. has a 12 month low of $30.39 and a 12 month high of $62.08. The organisation has a 50 day relocating normal of $39.95 and a 200 day relocating normal of $45.20.
Lincoln National (NYSE:LNC) final announced a gain formula on Wednesday, Feb 3rd. The association reported $1.54 gain per share (EPS) for a quarter, blank a Thomson Reuters’ accord guess of $1.56 by $0.02. The business warranted $3.35 billion during a quarter, compared to researcher estimates of $3.38 billion. During a same duration in a prior year, a business warranted $1.67 EPS. Lincoln National’s income for a entertain was down 12.5% on a year-over-year basis. Analysts expect that Lincoln National Co. will post $6.38 gain per share for a stream year.
The association also recently announced a quarterly dividend, that will be paid on Monday, May 2nd. Investors of record on Monday, Apr 11th will be released a $0.25 dividend. The ex-dividend date of this division is Thursday, Apr 7th. This represents a $1.00 division on an annualized basement and a division produce of 2.30%.
A series of analysts have recently commented on LNC shares. Deutsche Bank validated a “hold” rating on shares of Lincoln National in a investigate note on Monday, Feb 8th. Wells Fargo cut Lincoln National from an “outperform” rating to a “market perform” rating in a investigate note on Wednesday, Jan 13th. Raymond James lifted Lincoln National from an “outperform” rating to a “strong-buy” rating and set a $55.00 aim cost for a association in a investigate note on Friday, Jan 22nd. Citigroup Inc. lowered their aim cost on Lincoln National from $55.00 to $43.00 in a investigate note on Friday, Feb 19th. Finally, Macquarie lowered their aim cost on Lincoln National from $63.00 to $50.00 and set an “outperform” rating for a association in a investigate note on Thursday, Feb 4th. One researcher has rated a batch with a sell rating, 8 have reserved a reason rating, 6 have given a buy rating and one has released a clever buy rating to a company. The association has a accord rating of “Hold” and a accord cost aim of $54.53.
In other news, Director William H. Dr Cunningham purchased 7,500 shares of a batch in a transaction that occurred on Tuesday, Feb 9th. The batch was purchased during an normal cost of $33.20 per share, for a sum transaction of $249,000.00. Following a execution of a acquisition, a executive now owns 21,626 shares of a company’s stock, valued during $717,983.20. The transaction was disclosed in a filing with a Securities Exchange Commission, that is accessible during this hyperlink. Also, CAO Douglas N. Miller sole 6,960 shares of a business’s batch in a transaction that occurred on Monday, Mar 14th. The shares were sole during an normal cost of $40.03, for a sum value of $278,608.80. Following a execution of a sale, a arch accounting officer now owns 10,960 shares of a company’s stock, valued during approximately $438,728.80. The avowal for this sale can be found here.
Lincoln National Corporation is a holding company, that operates mixed word and retirement businesses by auxiliary companies. The Company sells a operation of resources protection, accumulation and retirement income products and solutions, by a business segments. These products embody bound and indexed annuities, non-static annuities, concept life insurance, non-static concept life insurance, linked-benefit UL, tenure life insurance, indexed concept life insurance, employer-sponsored retirement skeleton and services, and organisation life, incapacity and dental.
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