Breaking: KBW Maintains $89.0 TP On Lincoln National Corp (NYSE:LNC) Shares, Maintains Their Original “Hold” Rating

April 16, 2018 - By Richard Conner

Lincoln National Corporation (NYSE:LNC) Logo

Investors sentiment increased to 0.96 in Q4 2017. Its up 0.12, from 0.84 in 2017Q3. It improved, as 35 investors sold Lincoln National Corporation shares while 213 reduced holdings. 61 funds opened positions while 176 raised stakes. 170.09 million shares or 1.02% less from 171.85 million shares in 2017Q3 were reported.

Raymond James Tru Na owns 0.04% invested in Lincoln National Corporation (NYSE:LNC) for 7,167 shares. Davenport & Communication Lc reported 4,759 shares. Mitsubishi Ufj Trust & Banking Corporation holds 0.07% or 518,597 shares. Amp Investors owns 126,146 shares. Retirement Of Alabama invested in 325,847 shares or 0.12% of the stock. Virtus Investment Advisers Inc owns 29,595 shares. Scotia Inc reported 0.03% in Lincoln National Corporation (NYSE:LNC). 5,421 are owned by Strategic Glob Advsrs Ltd Liability. Fort Washington Investment Advsrs Oh owns 0.01% invested in Lincoln National Corporation (NYSE:LNC) for 14,340 shares. Moreover, First Personal Financial has 0.01% invested in Lincoln National Corporation (NYSE:LNC). Rampart Inv Mngmt Limited holds 2,995 shares. Df Dent And Inc owns 10,984 shares for 0.02% of their portfolio. Gulf Intll Natl Bank (Uk) owns 70,290 shares. Illinois-based Css Limited Liability Company Il has invested 0.38% in Lincoln National Corporation (NYSE:LNC). Metropolitan Life Co New York reported 0.03% in Lincoln National Corporation (NYSE:LNC).

Since February 2, 2018, it had 0 insider purchases, and 7 insider sales for $14.98 million activity. Solon Kenneth S. also sold $147,244 worth of Lincoln National Corporation (NYSE:LNC) on Wednesday, February 21. 7,300 Lincoln National Corporation (NYSE:LNC) shares with value of $620,568 were sold by Cooper Ellen. GLASS DENNIS R also sold $8.67 million worth of Lincoln National Corporation (NYSE:LNC) on Friday, February 2. On Monday, March 12 the insider Buckingham Lisa sold $1.92M.

Lincoln National Corp (NYSE:LNC) Rating Reaffirmed

KBW now has a $89.0 TP on shares of Lincoln National Corp (NYSE:LNC). The TP would suggest a potential upside of 26.96 % from the last stock price of Lincoln National Corp (NYSE:LNC). This rating was revealed to clients and investors in a report on 21 December.

Investors sentiment increased to 0.96 in Q4 2017. Its up 0.12, from 0.84 in 2017Q3. It improved, as 35 investors sold Lincoln National Corporation shares while 213 reduced holdings. 61 funds opened positions while 176 raised stakes. 170.09 million shares or 1.02% less from 171.85 million shares in 2017Q3 were reported.

Raymond James Tru Na owns 0.04% invested in Lincoln National Corporation (NYSE:LNC) for 7,167 shares. Davenport & Communication Lc reported 4,759 shares. Mitsubishi Ufj Trust & Banking Corporation holds 0.07% or 518,597 shares. Amp Investors owns 126,146 shares. Retirement Of Alabama invested in 325,847 shares or 0.12% of the stock. Virtus Investment Advisers Inc owns 29,595 shares. Scotia Inc reported 0.03% in Lincoln National Corporation (NYSE:LNC). 5,421 are owned by Strategic Glob Advsrs Ltd Liability. Fort Washington Investment Advsrs Oh owns 0.01% invested in Lincoln National Corporation (NYSE:LNC) for 14,340 shares. Moreover, First Personal Financial has 0.01% invested in Lincoln National Corporation (NYSE:LNC). Rampart Inv Mngmt Limited holds 2,995 shares. Df Dent And Inc owns 10,984 shares for 0.02% of their portfolio. Gulf Intll Natl Bank (Uk) owns 70,290 shares. Illinois-based Css Limited Liability Company Il has invested 0.38% in Lincoln National Corporation (NYSE:LNC). Metropolitan Life Co New York reported 0.03% in Lincoln National Corporation (NYSE:LNC).

Since February 2, 2018, it had 0 insider purchases, and 7 insider sales for $14.98 million activity. Solon Kenneth S. also sold $147,244 worth of Lincoln National Corporation (NYSE:LNC) on Wednesday, February 21. 7,300 Lincoln National Corporation (NYSE:LNC) shares with value of $620,568 were sold by Cooper Ellen. GLASS DENNIS R also sold $8.67 million worth of Lincoln National Corporation (NYSE:LNC) on Friday, February 2. On Monday, March 12 the insider Buckingham Lisa sold $1.92M.

Lincoln National Corporation (NYSE:LNC) Ratings Coverage

Among 10 analysts covering Lincoln National (NYSE:LNC), 5 have Buy rating, 1 Sell and 4 Hold. Therefore 50% are positive. Lincoln National has $95.0 highest and $71 lowest target. $85.11’s average target is 21.41% above currents $70.1 stock price. Lincoln National had 14 analyst reports since October 18, 2017 according to SRatingsIntel. As per Sunday, January 21, the company rating was maintained by Keefe Bruyette & Woods. The firm has “Hold” rating given on Wednesday, April 11 by Keefe Bruyette & Woods. Morgan Stanley maintained Lincoln National Corporation (NYSE:LNC) on Thursday, November 2 with “Equal-Weight” rating. Keefe Bruyette & Woods maintained the shares of LNC in report on Thursday, December 21 with “Hold” rating. The company was maintained on Friday, December 8 by RBC Capital Markets. The stock of Lincoln National Corporation (NYSE:LNC) has “Hold” rating given on Tuesday, April 3 by Wells Fargo. The company was upgraded on Tuesday, January 2 by JP Morgan. On Thursday, February 1 the stock rating was maintained by RBC Capital Markets with “Buy”. Sandler O’Neill maintained Lincoln National Corporation (NYSE:LNC) on Friday, January 19 with “Buy” rating. The firm has “Equal-Weight” rating by Morgan Stanley given on Monday, November 13.

The stock increased 1.21% or $0.84 during the last trading session, reaching $70.1. About 572,195 shares traded. Lincoln National Corporation (NYSE:LNC) has risen 13.38% since April 16, 2017 and is uptrending. It has outperformed by 1.83% the S&P500.

Analysts await Lincoln National Corporation (NYSE:LNC) to report earnings on May, 2. They expect $2.01 EPS, up 4.69 % or $0.09 from last year’s $1.92 per share. LNC’s profit will be $439.56M for 8.72 P/E if the $2.01 EPS becomes a reality. After $1.98 actual EPS reported by Lincoln National Corporation for the previous quarter, Wall Street now forecasts 1.52 % EPS growth.

Lincoln National Corporation, through its subsidiaries, engages in the multiple insurance and retirement businesses in the United States. The company has market cap of $15.33 billion. It operates through four divisions: Annuities, Retirement Plan Services, Life Insurance, and Group Protection. It has a 7.6 P/E ratio. The firm sells a range of wealth protection, accumulation, and retirement income products and solutions.

Lincoln National Corporation (NYSE:LNC) Institutional Positions Chart

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