Warning Lincoln National (LNC) optimists! Dennis Glass just Sold 102,367 shares.; Pimco Global Stocksplus & Income Fund (PGP) Has 0.33 Sentiment

The President & CEO of Lincoln National Corp and corporation’s insider Dennis Glass made a sale of 102,367 shares of the public firm calculated based on the stock price per share of $84.7 per share. These insider shares have a market value of precisely $8,671,321 US Dollars. The legal Form 4 was made public on 06/02/2018 with the Security and Exchange Commission and is now at your disposal for a review here. Dennis Glass has around 0.29% of Lincoln National Corp’s total market capitalization or 644,640 shares. Considering the size of the sell, it is difficult to remain ignored.

The stock decreased 0.99% or $0.13 during the last trading session, reaching $13.01. About 157,864 shares traded or 77.16% up from the average. PIMCO Global StocksPLUS & Income Fund (PGP) has risen 3.16% since February 7, 2017 and is uptrending. It has underperformed by 13.54% the S&P500.

Ruggie Capital Group holds 0.09% of its portfolio in PIMCO Global StocksPLUS & Income Fund for 8,000 shares. Commonwealth Equity Services Inc owns 155,252 shares or 0.02% of their US portfolio. Moreover, Hudock Capital Group Llc has 0.02% invested in the company for 2,051 shares. The California-based United Capital Financial Advisers Llc has invested 0.01% in the stock. Bank Of America Corp De, a North Carolina-based fund reported 35,420 shares.

Lincoln National Corporation, through its subsidiaries, engages in the multiple insurance and retirement businesses in the United States. The company has market cap of $17.14 billion. It operates through four divisions: Annuities, Retirement Plan Services, Life Insurance, and Group Protection. It has a 8.52 P/E ratio. The firm sells a range of wealth protection, accumulation, and retirement income products and solutions.

Investors sentiment decreased to 0.84 in 2017 Q3. Its down 0.08, from 0.92 in 2017Q2. It turned negative, as 31 investors sold Lincoln National Corporation shares while 232 reduced holdings. 53 funds opened positions while 169 raised stakes. 171.85 million shares or 0.51% less from 172.72 million shares in 2017Q2 were reported. Utah Retirement System holds 40,572 shares. 81,517 are owned by Victory Capital Mngmt. Twin Cap Incorporated stated it has 201,505 shares or 0.78% of all its holdings. Kempner Capital reported 24,624 shares. Advisor Ptnrs Ltd Liability Co has 11,529 shares. Cibc reported 0% in Lincoln National Corporation (NYSE:LNC). Louisiana State Employees Retirement System has 0.05% invested in Lincoln National Corporation (NYSE:LNC). Thompson Siegel And Walmsley Ltd Liability Corp holds 0% of its portfolio in Lincoln National Corporation (NYSE:LNC) for 375 shares. Old National Financial Bank In accumulated 15,123 shares. Glg Lc invested in 11,353 shares. Barclays Public Limited Company has invested 0.02% in Lincoln National Corporation (NYSE:LNC). Ww Asset Management reported 20,227 shares or 0.05% of all its holdings. New York State Common Retirement Fund reported 690,836 shares or 0.06% of all its holdings. Viking Glob L P owns 995,600 shares. Sterling Capital Mgmt Ltd Company holds 0.59% or 856,275 shares in its portfolio.

The stock increased 0.61% or $0.48 during the last trading session, reaching $78.57. About 2.34M shares traded or 75.45% up from the average. Lincoln National Corporation (NYSE:LNC) has risen 47.27% since February 7, 2017 and is uptrending. It has outperformed by 30.57% the S&P500.

Among 15 analysts covering Lincoln National (NYSE:LNC), 8 have Buy rating, 1 Sell and 6 Hold. Therefore 53% are positive. Lincoln National has $95.0 highest and $43 lowest target. $72.55’s average target is -7.66% below currents $78.57 stock price. Lincoln National had 51 analyst reports since August 4, 2015 according to SRatingsIntel. The company was initiated on Friday, September 23 by Wells Fargo. The stock has “Hold” rating by Zacks on Tuesday, August 4. Macquarie Research downgraded the stock to “Neutral” rating in Thursday, April 14 report. The rating was maintained by RBC Capital Markets on Thursday, February 4 with “Sector Perform”. The company was maintained on Friday, June 23 by Keefe Bruyette & Woods. Wells Fargo downgraded the stock to “Market Perform” rating in Wednesday, January 13 report. The rating was maintained by RBC Capital Markets on Thursday, August 3 with “Buy”. FBR Capital maintained it with “Mkt Perform” rating and $63 target in Monday, November 28 report. The stock has “Hold” rating by Wells Fargo on Wednesday, August 2. The stock of Lincoln National Corporation (NYSE:LNC) has “Hold” rating given on Tuesday, August 15 by Keefe Bruyette & Woods.

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