Verity Asset Management Inc decreased its stake in Lincoln Natl. Corp. (LNC) by 25.98% based on its latest 2018Q1 regulatory filing with the SEC. Verity Asset Management Inc sold 5,745 shares as the company’s stock declined 12.17% with the market. The institutional investor held 16,371 shares of the life insurance company at the end of 2018Q1, valued at $1.20 million, down from 22,116 at the end of the previous reported quarter. Verity Asset Management Inc who had been investing in Lincoln Natl. Corp. for a number of months, seems to be less bullish one the $14.70B market cap company. The stock decreased 1.26% or $0.86 during the last trading session, reaching $67.19. About 3.42 million shares traded or 99.48% up from the average. Lincoln National Corporation (NYSE:LNC) has risen 5.08% since June 17, 2017 and is uptrending. It has underperformed by 7.49% the S&P500. Some Historical LNC News: 02/05/2018 – LINCOLN NATIONAL 1Q BOOK VALUE/SHR $73.09; 01/05/2018 – Society for New Communications Research of The Conference Board (SNCR) Announces 2018 Excellence in New Communications Award Wi; 29/05/2018 – Lincoln National at Deutsche Bank Conference Tomorrow; 02/05/2018 – Lincoln National 1Q Adj EPS $1.97; 11/05/2018 – LINCOLN NATIONAL CORP LNC.N : BARCLAYS REINSTATES WITH OVERWEIGHT RATING; $88 TARGET PRICE; 13/03/2018 – Two Industry Veterans Join Lincoln Financial’s Retirement Plan Services Institutional Retirement Distribution Team; 25/05/2018 – Lincoln National Corporation’s Board of Directors Declares Quarterly Cash Dividend; 16/04/2018 – Lincoln Financial Group Launches Newest Evolution of Its “Responsibility of Love” Advertising Campaign; 23/05/2018 – Lincoln National Presenting at Conference May 30; 16/04/2018 – Lincoln Fincl Group Names Chris Neczypor as Senior Vice Pres, Head of Investment Risk and Strategy
Budros Ruhlin & Roe Inc decreased its stake in Huntington Bancshares (HBAN) by 34.54% based on its latest 2018Q1 regulatory filing with the SEC. Budros Ruhlin & Roe Inc sold 47,422 shares as the company’s stock declined 5.80% with the market. The institutional investor held 89,878 shares of the major banks company at the end of 2018Q1, valued at $1.36M, down from 137,300 at the end of the previous reported quarter. Budros Ruhlin & Roe Inc who had been investing in Huntington Bancshares for a number of months, seems to be less bullish one the $16.94 billion market cap company. The stock increased 0.13% or $0.02 during the last trading session, reaching $15.33. About 10.77M shares traded or 30.85% up from the average. Huntington Bancshares Incorporated (NASDAQ:HBAN) has risen 17.33% since June 17, 2017 and is uptrending. It has outperformed by 4.76% the S&P500. Some Historical HBAN News: 24/04/2018 – HBAN 1Q PROVISION FOR CREDIT LOSSES $66M, EST. $57.0M; 27/04/2018 – S&P REVISES HUNTINGTON NATIONAL BANK TO RATING ‘A-‘ FROM ‘BBB+’; 27/04/2018 – S&P: Huntington Bancshares Rating Reflects More Conservative Risk Profile; 24/04/2018 – HUNTINGTON BANC 1Q EPS 28C
Analysts await Lincoln National Corporation (NYSE:LNC) to report earnings on August, 1. They expect $2.11 EPS, up 14.05% or $0.26 from last year’s $1.85 per share. LNC’s profit will be $461.47 million for 7.96 P/E if the $2.11 EPS becomes a reality. After $1.97 actual EPS reported by Lincoln National Corporation for the previous quarter, Wall Street now forecasts 7.11% EPS growth.
Verity Asset Management Inc, which manages about $409.92M and $109.78M US Long portfolio, upped its stake in Wisdomtree Tr India Earnings Fd (EPI) by 19,396 shares to 78,405 shares, valued at $2.06 million in 2018Q1, according to the filing. It also increased its holding in Ishares Floating Rate Bond Etf (FLOT) by 31,185 shares in the quarter, for a total of 251,238 shares, and has risen its stake in Apple Computer Inc Com (NASDAQ:AAPL).
Among 18 analysts covering Lincoln National (NYSE:LNC), 10 have Buy rating, 1 Sell and 7 Hold. Therefore 56% are positive. Lincoln National had 59 analyst reports since August 4, 2015 according to SRatingsIntel. The rating was maintained by Barclays Capital with “Overweight” on Friday, August 11. The firm has “Buy” rating by RBC Capital Markets given on Friday, December 8. As per Wednesday, June 29, the company rating was downgraded by Bank of America. Keefe Bruyette & Woods maintained the shares of LNC in report on Friday, June 23 with “Hold” rating. The stock has “Overweight” rating by Piper Jaffray on Tuesday, September 29. As per Wednesday, April 11, the company rating was maintained by Keefe Bruyette & Woods. RBC Capital Markets maintained Lincoln National Corporation (NYSE:LNC) rating on Thursday, February 1. RBC Capital Markets has “Buy” rating and $94.0 target. The firm has “Outperform” rating by FBR Capital given on Tuesday, October 18. The rating was downgraded by Wells Fargo to “Market Perform” on Wednesday, January 13. The firm has “Equal-Weight” rating given on Thursday, November 2 by Morgan Stanley.
Another recent and important Lincoln National Corporation (NYSE:LNC) news was published by Benzinga.com which published an article titled: “Barron’s Picks And Pans: Lincoln National, Salesforce, Dollar Tree And More” on June 02, 2018.
Since February 2, 2018, it had 1 buying transaction, and 7 insider sales for $14.91 million activity. On Wednesday, February 21 Solon Kenneth S. sold $147,244 worth of Lincoln National Corporation (NYSE:LNC) or 1,875 shares. Shares for $8.67M were sold by GLASS DENNIS R on Friday, February 2. Another trade for 31,657 shares valued at $2.67M was sold by Freitag Randal J. The insider Connelly Deirdre P bought $67,086. Another trade for 7,300 shares valued at $620,568 was sold by Cooper Ellen.
Investors sentiment decreased to 0.77 in 2018 Q1. Its down 0.19, from 0.96 in 2017Q4. It worsened, as 31 investors sold LNC shares while 238 reduced holdings. 59 funds opened positions while 149 raised stakes. 170.05 million shares or 0.02% less from 170.09 million shares in 2017Q4 were reported. Bloom Tree Prtn Ltd Liability Company reported 436,009 shares or 2.69% of all its holdings. Farmers And Merchants Invs accumulated 67 shares or 0% of the stock. Shell Asset Mgmt Company has invested 0.02% in Lincoln National Corporation (NYSE:LNC). The Connecticut-based Tudor Investment Corp Et Al has invested 0.01% in Lincoln National Corporation (NYSE:LNC). Norinchukin Bancorporation The accumulated 13,491 shares or 0.02% of the stock. Silvercrest Asset Management Group Ltd Llc has invested 0.01% in Lincoln National Corporation (NYSE:LNC). Flippin Bruce & Porter holds 68,209 shares. 19,165 are held by Panagora Asset Mgmt Incorporated. First Commonwealth Financial Corp Pa invested in 3,037 shares. Cadence Capital Mgmt Lc stated it has 0.12% of its portfolio in Lincoln National Corporation (NYSE:LNC). Envestnet Asset Mgmt holds 21,446 shares or 0% of its portfolio. Lau Assocs Ltd Liability reported 24,600 shares. Hsbc Holding Public Ltd Com owns 975,785 shares. Fincl Bank Of America De accumulated 1.11 million shares or 0.01% of the stock. Tru Of Vermont holds 0% or 553 shares.
Since May 4, 2018, it had 0 insider purchases, and 4 sales for $1.77 million activity. Shares for $431,675 were sold by Heller Paul G on Friday, May 18. 62,000 shares were sold by PORTEOUS DAVID L, worth $933,823. Shares for $380,817 were sold by Neumeyer Daniel J. on Tuesday, May 15.
Among 31 analysts covering Huntington Bancshares Incorporated (NASDAQ:HBAN), 17 have Buy rating, 0 Sell and 14 Hold. Therefore 55% are positive. Huntington Bancshares Incorporated had 94 analyst reports since August 6, 2015 according to SRatingsIntel. On Wednesday, September 13 the stock rating was maintained by Jefferies with “Buy”. As per Monday, December 18, the company rating was maintained by BMO Capital Markets. Bernstein maintained Huntington Bancshares Incorporated (NASDAQ:HBAN) rating on Thursday, April 21. Bernstein has “Market Perform” rating and $12 target. The stock of Huntington Bancshares Incorporated (NASDAQ:HBAN) has “Buy” rating given on Thursday, September 14 by Piper Jaffray. The stock has “Hold” rating by BMO Capital Markets on Thursday, October 26. The rating was maintained by BMO Capital Markets with “Buy” on Tuesday, October 3. On Tuesday, December 20 the stock rating was upgraded by BMO Capital Markets to “Outperform”. Piper Jaffray maintained Huntington Bancshares Incorporated (NASDAQ:HBAN) on Tuesday, April 24 with “Buy” rating. As per Tuesday, January 23, the company rating was maintained by Jefferies. The stock has “Buy” rating by Jefferies on Friday, August 11.