Morgan Stanley Increases Lincoln National Corporation (LNC) Price Target to $77.00


Sustainable Growth Advisers Lp, which manages about $6.01B and $6.84 billion US Long portfolio, upped its stake in Nielsen Holdings Plc by 1.09M shares to 2.37M shares, valued at $91.72M in 2017Q2, according to the filing. Regions Finl Corp New now has $17.72B valuation. The stock rose 0.64% or $0.48 reaching $75.35 per share. Counselors reported 4,736 shares stake. It has outperformed by 32.09% the S&P500. Lincoln National's revenue for the quarter was up 7.9% on a year-over-year basis. The Company sells a range of wealth protection, accumulation and retirement income products and solutions, through its business segments. It has a 14.07 P/E ratio. The Firm operates through four divisions: Annuities segment, which offers fixed and variable annuities; Retirement Plan Services segment, which provides employers with retirement plan services and products; Life Insurance segment, which focuses on the creation and protection of wealth through life insurance products, and Group Protection, which offers principally group non-medical insurance products. Equities analysts anticipate that Lincoln National Co. will post $7.32 EPS for the current year. Finally, BidaskClub downgraded Lincoln National Corporation from a "buy" rating to a "hold" rating in a research note on Thursday, July 27th. Their 52-Week High and Low are noted here. LNC was included in 6 notes of analysts from October 7, 2016. Zacks Investment Research raised Lincoln National from a "hold" rating to a "buy" rating and set a $75.00 price objective on the stock in a research note on Monday. Morgan Stanley maintained Lincoln National Corporation (NYSE:LNC) rating on Thursday, October 5. UBS Asset Management Americas Inc. now owns 3,086,835 shares of the financial services provider's stock worth $204,564,000 after buying an additional 1,575,438 shares in the last quarter. Royal Bank Of Canada raised their price objective on Lincoln National Corporation from $77.00 to $83.00 and gave the stock an "outperform" rating in a research note on Friday, August 4th. The company presently has an average rating of "Buy" and a consensus price target of $67.75. As per Friday, October 7, the company rating was initiated by Credit Suisse. Bridgewater Limited Partnership holds 0.01% of its portfolio in Lincoln National Corporation (NYSE:LNC) for 12,116 shares. During the same quarter in the previous year, the company posted $1.25 earnings per share. LNC's profit will be $405.25M for 10.23 P/E if the $1.83 EPS becomes a reality.

Analysts await Lincoln National Corporation (NYSE:LNC) to report earnings on November, 1. Ftb has invested 0% of its portfolio in Lincoln National Corporation (NYSE:LNC). Its up 250% from 1,200 shares previously. The Georgia-based Cornerstone Investment Partners Llc has invested 3.76% in the stock. Advisor Prtnrs Llc reported 11,440 shares.

Looking forward, the company's quarterly earnings are expected to come at $0.31 in the three months through September 2017 and $0.34 in the quarter ending December 2017, reflecting 14.81% and 13.33% growth, respectively. About shares traded. Lincoln National Corporation (LNC) has risen 47.27% since October 16, 2016 and is uptrending. It has outperformed by 30.57% the S&P500.

Since May 9, 2017, it had 0 insider purchases, and 2 insider sales for $2.97 million activity. Ibm Retirement Fund holds 0.04% or 3,375 shares. The institutional investor held 1.69M shares of the consumer services company at the end of 2017Q2, valued at $71.03M, down from 6.48M at the end of the previous reported quarter. Regions Financial Corp had 81 analyst reports since August 12, 2015 according to SRatingsIntel. Barclays Capital maintained the stock with "Underweight" rating in Tuesday, January 3 report. The firm has "Buy" rating given on Thursday, August 3 by RBC Capital Markets. The firm has "Hold" rating given on Thursday, April 20 by Rafferty. Goldman Sachs has "Neutral" rating and $46 target. On Tuesday, August 15 the stock rating was maintained by Keefe Bruyette & Woods with "Hold". Northland Capital initiated the stock with "Market Perform" rating in Wednesday, September 30 report. The rating was maintained by RBC Capital Markets with "Buy" on Monday, July 24. Its up 0.12, from 0.8 in 2017Q1. It increased, as 43 investors sold LNC shares while 218 reduced holdings. 73 funds opened positions while 184 raised stakes.

Over the past 50 days, Lincoln National Corporation stock was -1.62% off of the high and 15.63% removed from the low. Moore Cap Management LP has 310,000 shares. Sg Americas Securities Llc bought 19,410 shares as the company's stock declined 6.21% while stock markets rallied. Eagle Ltd Liability Corp, a Texas-based fund reported 5,553 shares. Gemmer Asset Management Lc invested in 223 shares or 0.01% of the stock. Sustainable Growth Advisers Lp who had been investing in Whole Foods Market Inc for a number of months, seems to be less bullish one the $13.45 billion market cap company. Captrust holds 0.17% or 29,014 shares in its portfolio.

Lincoln National Corporation (LNC) traded up 0.03% during mid-day trading on Friday, hitting $74.87. Meiji Yasuda Asset Limited holds 4,915 shares.

Keybank National Association increased Western Digital Corp (NASDAQ:WDC) stake by 9,391 shares to 126,891 valued at $11.24M in 2017Q2. It also reduced its holding in Johnson & Johnson (Call) by 300,400 shares in the quarter, leaving it with 53,800 shares, and cut its stake in Vaneck Vectors Etf Tr Gold Miners Etf.



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