As Lincoln Natl Corp Ind (LNC) Market Valuation Declined, Shareholder Caxton Associates LP Has Decreased Its Stake

Lincoln National Corporation (NYSE:LNC) LogoInvestors sentiment increased to 1.05 in 2019 Q2. Its up 0.06, from 0.99 in 2019Q1. It increased, as 28 investors sold LNC shares while 178 reduced holdings. 63 funds opened positions while 154 raised stakes. 153.92 million shares or 0.97% less from 155.43 million shares in 2019Q1 were reported. Burney holds 3,514 shares. Tower Rech Cap Limited Liability Company (Trc) stated it has 0.02% of its portfolio in Lincoln National Corporation (NYSE:LNC). Bessemer Gru holds 108,053 shares or 0.02% of its portfolio. Natixis Advsrs LP reported 149,353 shares. Holderness Invests Comm reported 0.6% stake. Farmers & Merchants Incorporated, a Nebraska-based fund reported 90 shares. Vanguard Group Inc reported 22.69M shares stake. Mesirow Invest Mgmt owns 440 shares. Bnp Paribas Asset Sa reported 0.01% stake. Moreover, Css Limited Liability Corporation Il has 0.37% invested in Lincoln National Corporation (NYSE:LNC) for 100,411 shares. Royal Retail Bank Of Canada invested in 551,565 shares. Moreover, Comerica Comml Bank has 0.02% invested in Lincoln National Corporation (NYSE:LNC) for 40,760 shares. Motco holds 0% or 180 shares. Franklin Resource reported 0% stake. Creative Planning has 0% invested in Lincoln National Corporation (NYSE:LNC).

Caxton Associates Lp decreased its stake in Lincoln Natl Corp Ind (LNC) by 93.78% based on its latest 2019Q2 regulatory filing with the SEC. Caxton Associates Lp sold 164,114 shares as the company’s stock declined 1.07% . The hedge fund held 10,886 shares of the life insurance company at the end of 2019Q2, valued at $701,000, down from 175,000 at the end of the previous reported quarter. Caxton Associates Lp who had been investing in Lincoln Natl Corp Ind for a number of months, seems to be less bullish one the $12.37B market cap company. The stock increased 2.47% or $1.49 during the last trading session, reaching $61.81. About 783,920 shares traded. Lincoln National Corporation (NYSE:LNC) has declined 4.07% since September 13, 2018 and is downtrending. It has underperformed by 4.07% the S&P500.

Caxton Associates Lp, which manages about $10.75 billion and $831.13 million US Long portfolio, upped its stake in Iqvia Hldgs Inc by 52,039 shares to 59,382 shares, valued at $9.55 million in 2019Q2, according to the filing. It also increased its holding in Altice Usa Inc by 651,424 shares in the quarter, for a total of 1.28 million shares, and has risen its stake in Spdr Gold Trust (Put) (GLD).

Analysts await Lincoln National Corporation (NYSE:LNC) to report earnings on November, 7. They expect $2.39 EPS, up 2.14 % or $0.05 from last year’s $2.34 per share. LNC’s profit will be $478.46 million for 6.47 P/E if the $2.39 EPS becomes a reality. After $2.36 actual EPS reported by Lincoln National Corporation for the previous quarter, Wall Street now forecasts 1.27 % EPS growth.

More notable recent Lincoln National Corporation (NYSE:LNC) news were published by: Businesswire.com which released: “9 Things You Need to Know About Life Insurance – Business Wire” on September 03, 2019, also Businesswire.com with their article: “Lincoln Financial Group Names Industry Veteran as Senior Vice President, Life & Annuity Operations – Business Wire” published on August 27, 2019, Businesswire.com published: “With New Online Underwriting Tool Lincoln Financial Group Can Deliver Instant Life Insurance Quotes – Business Wire” on August 26, 2019. More interesting news about Lincoln National Corporation (NYSE:LNC) were released by: Businesswire.com and their article: “Lincoln Financial Group’s Will Fuller Named Industry Champion of Retirement Security by Insured Retirement Institute – Business Wire” published on September 10, 2019 as well as Bizjournals.com‘s news article titled: “Philadelphia companies hit hard by sharp stock market declines – Philadelphia Business Journal” with publication date: August 15, 2019.

Lincoln National Corporation (NYSE:LNC) Ratings Coverage

Among 2 analysts covering Lincoln National (NYSE:LNC), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. Lincoln National has $7500 highest and $67 lowest target. $72’s average target is 16.49% above currents $61.81 stock price. Lincoln National had 6 analyst reports since March 26, 2019 according to SRatingsIntel. The stock of Lincoln National Corporation (NYSE:LNC) earned “Equal-Weight” rating by Morgan Stanley on Tuesday, August 20. The firm has “Neutral” rating given on Thursday, May 2 by UBS. On Tuesday, April 9 the stock rating was maintained by UBS with “Neutral”.

Lincoln National Corporation (NYSE:LNC) Institutional Positions Chart

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