Polaris Wealth Advisers LLC Upped Its Lincoln Natl Corp Ind (LNC) Stake by $21.97 Million

June 19, 2017 - By Peter Erickson

Investors sentiment increased to 0.94 in Q4 2016. Its up 0.12, from 0.82 in 2016Q3. It increased, as 38 investors sold LNC shares while 223 reduced holdings. 97 funds opened positions while 149 raised stakes. 177.25 million shares or 1.59% more from 174.48 million shares in 2016Q3 were reported. Deutsche State Bank Ag reported 1.18 million shares. The Massachusetts-based Panagora Asset Mngmt has invested 0.01% in Lincoln National Corporation (NYSE:LNC). Aberdeen Asset Mngmt Public Ltd Uk, a United Kingdom-based fund reported 65,679 shares. Parasol Inv Ltd Liability Corporation holds 125 shares. Iab National Bank has 0.61% invested in Lincoln National Corporation (NYSE:LNC). Commonwealth Of Pennsylvania Pub School Empls Retrmt System reported 0.02% of its portfolio in Lincoln National Corporation (NYSE:LNC). Blackrock Japan Com Ltd reported 339,924 shares. Brandywine Invest Mgmt Lc, Pennsylvania-based fund reported 208,012 shares. Davenport Limited Liability Corp invested in 5,630 shares. Pathstone Family Office Limited Liability Corporation holds 0.22% or 5,174 shares in its portfolio. Algebris Investments (Uk) Llp, United Kingdom-based fund reported 3,846 shares. 578,718 are owned by Manufacturers Life Insur Com The. Lba Wealth Ltd Liability accumulated 7,628 shares. Capstone Inv Advisors Limited Liability Corporation has 0.06% invested in Lincoln National Corporation (NYSE:LNC) for 31,588 shares. 9,075 were accumulated by Silvercrest Asset Mngmt Group Inc Lc.

Since February 7, 2017, it had 0 insider purchases, and 19 selling transactions for $45.02 million activity. Shares for $2.09 million were sold by Buckingham Lisa. Shares for $11.11 million were sold by GLASS DENNIS R on Tuesday, February 7. The insider KONEN MARK E sold $163,356. 2,275 Lincoln National Corporation (NYSE:LNC) shares with value of $163,315 were sold by Cooper Ellen. Freitag Randal J also sold $310,782 worth of Lincoln National Corporation (NYSE:LNC) on Monday, February 13. On Monday, February 27 the insider JOHNSON ERIC G sold $388,240. On Thursday, June 1 TIDWELL ISAIAH sold $906,982 worth of Lincoln National Corporation (NYSE:LNC) or 13,946 shares.

Polaris Wealth Advisers Llc increased its stake in Lincoln Natl Corp Ind (LNC) by 3881.1% based on its latest 2016Q4 regulatory filing with the SEC. Polaris Wealth Advisers Llc bought 332,921 shares as the company’s stock declined 8.83% while stock markets rallied. The institutional investor held 341,499 shares of the life insurance company at the end of 2016Q4, valued at $22.63 million, up from 8,578 at the end of the previous reported quarter. Polaris Wealth Advisers Llc who had been investing in Lincoln Natl Corp Ind for a number of months, seems to be bullish on the $15.26 billion market cap company. It closed at $68.04 lastly. It is down 47.27% since June 19, 2016 and is uptrending. It has outperformed by 30.57% the S&P500.

Polaris Wealth Advisers Llc, which manages about $424.68M and $862.98M US Long portfolio, decreased its stake in Nvidia Corp (NASDAQ:NVDA) by 99,221 shares to 221,086 shares, valued at $23.60M in 2016Q4, according to the filing.

Another recent and important Lincoln National Corporation (NYSE:LNC) news was published by Zacks.com which published an article titled: “Lincoln National (LNC) to Offer Fiduciary Investment Support” on June 02, 2017.

Lincoln National Corporation (NYSE:LNC) Ratings Coverage

Among 13 analysts covering Lincoln National (NYSE:LNC), 7 have Buy rating, 0 Sell and 6 Hold. Therefore 54% are positive. Lincoln National has $77 highest and $43 lowest target. $57.78’s average target is -15.08% below currents $68.04 stock price. Lincoln National had 30 analyst reports since August 4, 2015 according to SRatingsIntel. Goldman Sachs downgraded the stock to “Neutral” rating in Friday, July 15 report. FBR Capital maintained Lincoln National Corporation (NYSE:LNC) rating on Tuesday, October 18. FBR Capital has “Outperform” rating and $55 target. On Thursday, October 29 the stock rating was maintained by RBC Capital Markets with “Sector Perform”. FBR Capital maintained the shares of LNC in report on Monday, November 28 with “Mkt Perform” rating. RBC Capital Markets maintained the stock with “Outperform” rating in Friday, February 3 report. The firm earned “Neutral” rating on Friday, October 7 by Credit Suisse. On Thursday, January 26 the stock rating was initiated by Citigroup with “Buy”. The firm has “Buy” rating given on Thursday, April 6 by Bank of America. The firm earned “Market Perform” rating on Friday, September 23 by Wells Fargo. The firm has “Market Perform” rating by Wells Fargo given on Wednesday, January 13.

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 FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: