Lincoln National Corp (NYSE:LNC) Institutional Investors Sentiment Index Falls in 2017 Q3

January 13, 2018 - By Marie Mckinney

 Lincoln National Corp (NYSE:LNC) Institutional Investors Sentiment Index  Falls in  2017 Q3

Sentiment for Lincoln National Corp (NYSE:LNC)

Lincoln National Corp (NYSE:LNC) institutional sentiment decreased to 0.84 in Q3 2017. Its down -0.08, from 0.92 in 2017Q2. The ratio dropped, as 222 active investment managers increased or started new equity positions, while 263 sold and trimmed holdings in Lincoln National Corp. The active investment managers in our partner’s database now hold: 171.85 million shares, down from 172.72 million shares in 2017Q2. Also, the number of active investment managers holding Lincoln National Corp in their top 10 equity positions increased from 7 to 9 for an increase of 2. Sold All: 31 Reduced: 232 Increased: 169 New Position: 53.

Lincoln National Corporation, through its subsidiaries, engages in the multiple insurance and retirement businesses in the United States. The company has market cap of $18.46 billion. It operates through four divisions: Annuities, Retirement Plan Services, Life Insurance, and Group Protection. It has a 13.15 P/E ratio. The firm sells a range of wealth protection, accumulation, and retirement income products and solutions.

The stock increased 0.56% or $0.47 during the last trading session, reaching $84.37. About 1.39 million shares traded or 13.91% up from the average. Lincoln National Corporation (NYSE:LNC) has risen 47.27% since January 13, 2017 and is uptrending. It has outperformed by 30.57% the S&P500.

Analysts await Lincoln National Corporation (NYSE:LNC) to report earnings on January, 31 after the close. They expect $1.91 EPS, up 7.91 % or $0.14 from last year’s $1.77 per share. LNC’s profit will be $417.97 million for 11.04 P/E if the $1.91 EPS becomes a reality. After $2.03 actual EPS reported by Lincoln National Corporation for the previous quarter, Wall Street now forecasts -5.91 % negative EPS growth.

Rr Partners Lp holds 11.11% of its portfolio in Lincoln National Corporation for 2.21 million shares. Poplar Forest Capital Llc owns 794,998 shares or 5.07% of their US portfolio. Moreover, Lyrical Asset Management Lp has 4.13% invested in the company for 4.31 million shares. The Georgia-based Cornerstone Investment Partners Llc has invested 3.1% in the stock. Bloom Tree Partners Llc, a New York-based fund reported 399,255 shares.#img1#

Lincoln National Corporation (NYSE:LNC) Ratings Coverage

Ratings analysis reveals 53% of Lincoln National’s analysts are positive. Out of 15 Wall Street analysts rating Lincoln National, 8 give it “Buy”, 1 “Sell” rating, while 6 recommend “Hold”. The lowest target is $43 while the high is $89.0. The stock’s average target of $69.40 is -17.74% below today’s ($84.37) share price. LNC was included in 48 notes of analysts from August 4, 2015. The firm has “Hold” rating by Zacks given on Tuesday, August 4. The stock of Lincoln National Corporation (NYSE:LNC) has “Buy” rating given on Monday, June 19 by RBC Capital Markets. The rating was upgraded by Piper Jaffray to “Overweight” on Tuesday, September 29. The company was maintained on Thursday, February 4 by RBC Capital Markets. The company was downgraded on Thursday, April 14 by Macquarie Research. The rating was upgraded by RBC Capital Markets to “Outperform” on Friday, December 9. The rating was maintained by RBC Capital Markets with “Buy” on Monday, July 24. The firm has “Neutral” rating given on Friday, July 15 by Goldman Sachs. Wells Fargo initiated the shares of LNC in report on Friday, September 23 with “Market Perform” rating. The rating was upgraded by Bank of America to “Buy” on Thursday, April 6.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.