Lincoln National Corporation (LNC) Has Bullish Inverse H&S Pattern Trading At $63.40

Lincoln National Corporation (NYSE:LNC) Corporate Logo

During 2018 Q4 the big money sentiment decreased to 0.82. That’s change of 0.01, from 2018Q3’s 0.83. 71 investors sold all, 179 reduced holdings as Lincoln National Corporation ratio worsened. 149 rose positions while 55 funds acquired positions. Funds hold 167.07 million shares thus 0.61% less from 2018Q3’s 168.10 million shares.
National Bank Of America De has 0.01% invested in Lincoln National Corporation (NYSE:LNC). Diversified Tru Com invested in 0.04% or 12,853 shs. Manufacturers Life Insurance Company The owns 872,082 shs. Wedge L Limited Partnership Nc reported 468,621 shs. Nuveen Asset Limited Liability Corp has invested 0.12% in Lincoln National Corporation (NYSE:LNC). Meritage Portfolio Mgmt reported 69,195 shs stake. Cornercap Invest Counsel owns 115,272 shs. Tarbox Family Office has 0.01% invested in Lincoln National Corporation (NYSE:LNC). Grantham Mayo Van Otterloo And Ltd Com has invested 0% in Lincoln National Corporation (NYSE:LNC). Price T Rowe Associate Inc Md holds 0% or 376,919 shs. Apg Asset Nv owns 76,642 shs. Northern Trust reported 2.84M shs stake. Brown Brothers Harriman holds 0% or 624 shs in its capital. Riverhead Capital Management Ltd has invested 0.13% in Lincoln National Corporation (NYSE:LNC). 4,225 were reported by Kentucky Retirement System Ins Fund.

Lincoln National Corporation had 2 insider sales and 0 buys since December 6, 2018. This’s net activity of $729,678. Another trade for 2,152 shs valued at $124,821 was sold by Ohl Jamie.

Head and Shoulders Inverse was formed by Lincoln National Corporation (LNC). It has $68.47 [Target] or $63.40 price per share. The $12.95B company shows low risk. Faxor.com posted this chart pattern on Apr, 7. If our $68.47 Target is touched LNC’s valuation can change by $1.04B.

Ticker’s shares touched $63.4 during the last trading session after 1.18% change.Currently Lincoln National Corporation is downtrending after 15.08% change in last April 7, 2018. LNC has 1.21 million shares volume. LNC underperformed by 19.45% the S&P 500.

On May, 1 is anticipated Lincoln National Corporation (NYSE:LNC)’s earnings report, Faxor reports. Analysts have anticipation on stock’s EPS of $2.09. That’s up 6.09 % from last year’s $1.97 EPS. LNC’s profit could be $426.97 million if the current EPS of $2.09 is accurate. Last quarter $2.15 EPS was reported. Analysts sees -2.79 % negative EPS growth this quarter.

Lincoln National Corporation (NYSE:LNC) Ratings Coverage

In total 6 analysts cover Lincoln National (NYSE:LNC). “Buy” rating has 3, “Sell” are 0, while 3 are “Hold”. (NYSE:LNC) has 50% bullish analysts. With $80 highest and $63 lowest target price, Lincoln National has $73.17 average target price or 15.41% above the current ($63.4) price. 8 are the (NYSE:LNC)’s ratings reports on Apr 7, 2019 according to StockzIntelligence Inc. On Monday, November 5 the firm has “Buy” rating given by Deutsche Bank. On Monday, November 5 Wood upgraded Lincoln National Corporation (NYSE:LNC) to “Outperform” rating. On Tuesday, November 13 the firm earned “Equal-Weight” rating by Morgan Stanley. On Monday, October 8 the stock of Lincoln National Corporation (NYSE:LNC) earned “Neutral” rating by UBS. On Friday, November 2 Bank of America maintained Lincoln National Corporation (NYSE:LNC) with “Buy” rating.

For more Lincoln National Corporation (NYSE:LNC) news brought out briefly go to: Businesswire.com, Seekingalpha.com, Businesswire.com, Nasdaq.com or Seekingalpha.com. The titles are as follows: “Leadership Appointments at Lincoln Financial Group Underscore Commitment and Strength of Distribution Business – Business Wire” brought out on March 26, 2019, “Lincoln National Corp. (LNC) CEO Dennis Glass on Q4 2018 Results – Earnings Call Transcript – Seeking Alpha” on February 07, 2019, “Lincoln Financial Group to Report First Quarter Earnings – Business Wire” with a publish date: March 21, 2019, “15 Stocks to Buy Leading the Financial Charge – Nasdaq” and the last “Lincoln National Q4 2018 Earnings Preview – Seeking Alpha” with publication date: February 05, 2019.

Lincoln National Corporation (NYSE:LNC) Institutional Investors Chart

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