Lincoln National Corporation (NYSE:LNC) is expected to pay $0.25 on Nov 1, 2016. The indicated annual dividend is $1.00. Shareholders owning the stock before Oct 5, 2016 will be eligible to receive the payout. Based on Lincoln National Corporation’s current price of $47.15, the dividend is 0.53%. This dividend’s record date is Oct 10, 2016 and the announcement date is Aug 18, 2016. The stock increased 0.36% or $0.17 during the last trading session, hitting $47.15. Lincoln National Corporation (NYSE:LNC) has risen 21.24% since March 1, 2016 and is uptrending. It has outperformed by 12.00% the S&P500.
Lincoln National Corporation is a holding company, which operates insurance and retirement businesses through subsidiary companies. The company has a market cap of $11.24 billion. The Firm sells a range of wealth protection, accumulation and retirement income products and solutions, through its business divisions. It has a 11.14 P/E ratio. It operates through four divisions: Annuities segment, which offers fixed and variable annuities; Retirement Plan Services segment, which provides employers with retirement plan services and products; Life Insurance segment, which focuses in the creation and protection of wealth through life insurance products, and Group Protection, which offers principally group non-medical insurance products.
Insitutional Activity: The institutional sentiment decreased to 0.81 in 2016 Q2. Its down 0.14, from 0.95 in 2016Q1. The ratio fall, as 41 funds sold all Lincoln National Corporation shares owned while 209 reduced positions. 54 funds bought stakes while 149 increased positions. They now own 177.93 million shares or 9.24% less from 196.04 million shares in 2016Q1.
The New York-based Joel Isaacson & Lc has invested 0% in Lincoln National Corporation (NYSE:LNC). Huntington Financial Bank has invested 0.04% of its portfolio in Lincoln National Corporation (NYSE:LNC). California Public Employees Retirement has 815,790 shares for 0.05% of their US portfolio. Umb Bank & Trust N A Mo has 0.15% invested in the company for 93,395 shares. Guardian Life Ins Of America last reported 898 shares in the company. Moreover, Tiaa Cref Tru Fsb Mo has 0.01% invested in Lincoln National Corporation (NYSE:LNC) for 19,279 shares. Wfg Advsrs Lp last reported 60 shares in the company. Advisory Svcs Limited has 0.01% invested in the company for 725 shares. Bessemer reported 22,873 shares or 0% of all its holdings. Bluemountain Mngmt Ltd Limited Liability Company, a New York-based fund reported 25,871 shares. Sandy Spring Bank holds 0.01% of its portfolio in Lincoln National Corporation (NYSE:LNC) for 2,642 shares. Grantham Mayo Van Otterloo Ltd Liability Com, a Massachusetts-based fund reported 642,381 shares. Next Fin Grp Inc Inc last reported 1,738 shares in the company. Johnson Fin Grp Inc Inc reported 544 shares or 0% of all its holdings. Kennedy Cap Mgmt accumulated 0.19% or 248,227 shares.
Insider Transactions: Since August 31, 2016, the stock had 0 insider buys, and 2 selling transactions for $1.11 million net activity. The insider Buckingham Lisa sold 12,881 shares worth $621,605. On Friday, September 9 the insider PITTARD PATRICK S sold $484,540.
Lincoln National Corporation (NYSE:LNC) Ratings Coverage
Out of 11 analysts covering Lincoln National (NYSE:LNC), 4 rate it a “Buy”, 1 “Sell”, while 6 “Hold”. This means 36% are positive. Lincoln National has been the topic of 20 analyst reports since August 4, 2015 according to StockzIntelligence Inc. On Tuesday, September 29 the stock rating was upgraded by Piper Jaffray to “Overweight”. The firm has “Market Perform” rating given on Friday, September 23 by Wells Fargo. The firm earned “Buy” rating on Thursday, September 10 by Goldman Sachs. The rating was upgraded by Morgan Stanley to “Overweight” on Thursday, August 13. The company was downgraded on Tuesday, August 4 by Zacks. The firm has “Sector Perform” rating given on Thursday, February 4 by RBC Capital Markets. The rating was initiated by Sandler O’Neill with “Buy” on Thursday, August 27. The stock of Lincoln National Corporation (NYSE:LNC) earned “Neutral” rating by Bank of America on Wednesday, June 29. As per Wednesday, April 6, the company rating was maintained by Citigroup. The firm has “Market Perform” rating by Wells Fargo given on Wednesday, January 13.
Another recent and important Lincoln National Corporation (NYSE:LNC) news was published by Twst.com which published an article titled: “Lincoln National Corporation: Lincoln Financial Group to Report Third Quarter …” on September 21, 2016.
LNC Company Profile
Lincoln National Corporation, incorporated on January 5, 1968, is a holding company, which operates insurance and retirement businesses through its subsidiary companies. The Firm operates in four divisions: Annuities, Retirement Plan Services, Life Insurance and Group Protection. Through its divisions, the Company sells a range of wealth protection, accumulation and retirement income products and solutions. These products include fixed and indexed annuities, variable annuities, universal life insurance (UL), variable universal life insurance (VUL), linked-benefit UL, term life insurance, indexed universal life insurance, employer-sponsored retirement plans and services, and group life, disability and dental.
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