Lincoln National Corp. (NYSE:LNC) saw an uptick in trading volume on Thursday . 3,159,980 shares were traded during trading, an increase of 8% from the previous session’s volume of 2,934,057 shares.The stock last traded at $37.15 and had previously closed at $37.61.

LNC has been the topic of a number of recent research reports. Evercore ISI initiated coverage on Lincoln National Corp. in a research note on Wednesday. They issued a “buy” rating and a $47.00 target price on the stock. Morgan Stanley restated a “buy” rating on shares of Lincoln National Corp. in a research note on Friday, June 10th. FBR & Co restated a “buy” rating on shares of Lincoln National Corp. in a research note on Friday, June 10th. Zacks Investment Research downgraded Lincoln National Corp. from a “buy” rating to a “hold” rating in a research note on Thursday, April 21st. Finally, Macquarie downgraded Lincoln National Corp. from an “outperform” rating to a “neutral” rating in a research note on Thursday, April 14th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. Lincoln National Corp. presently has an average rating of “Hold” and a consensus target price of $53.56.

The company’s 50-day moving average is $42.45 and its 200-day moving average is $41.25. The stock has a market capitalization of $8.96 billion and a PE ratio of 8.95.

Lincoln National Corp. (NYSE:LNC) last released its earnings results on Wednesday, May 4th. The company reported $1.25 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.49 by $0.24. During the same period in the previous year, the business posted $1.35 EPS. The business earned $3.24 billion during the quarter, compared to analysts’ expectations of $3.44 billion. The company’s quarterly revenue was down 1.8% on a year-over-year basis. Equities analysts expect that Lincoln National Corp. will post $6.12 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Monday, August 1st. Shareholders of record on Monday, July 11th will be issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 2.67%. The ex-dividend date of this dividend is Thursday, July 7th.

In other news, insider Mark E. Konen sold 16,000 shares of the firm’s stock in a transaction dated Wednesday, May 18th. The stock was sold at an average price of $45.25, for a total value of $724,000.00. Following the completion of the transaction, the insider now owns 113,067 shares in the company, valued at approximately $5,116,281.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Other institutional investors recently made changes to their positions in the company. Advantus Capital Management Inc boosted its position in shares of Lincoln National Corp. by 0.9% in the fourth quarter. Advantus Capital Management Inc now owns 23,662 shares of the company’s stock valued at $1,189,000 after buying an additional 213 shares during the last quarter. Gulf International Bank UK Ltd boosted its position in shares of Lincoln National Corp. by 0.5% in the fourth quarter. Gulf International Bank UK Ltd now owns 75,090 shares of the company’s stock valued at $3,774,000 after buying an additional 400 shares during the last quarter. World Asset Management Inc boosted its position in shares of Lincoln National Corp. by 1.7% in the fourth quarter. World Asset Management Inc now owns 26,646 shares of the company’s stock valued at $1,340,000 after buying an additional 435 shares during the last quarter. Norinchukin Bank The boosted its position in shares of Lincoln National Corp. by 1.6% in the fourth quarter. Norinchukin Bank The now owns 33,641 shares of the company’s stock valued at $1,691,000 after buying an additional 546 shares during the last quarter. Finally, Sei Investments Co. boosted its position in shares of Lincoln National Corp. by 2.6% in the fourth quarter. Sei Investments Co. now owns 23,365 shares of the company’s stock valued at $1,174,000 after buying an additional 592 shares during the last quarter.

Lincoln National Corporation is a holding company, which operates insurance and retirement businesses through subsidiary companies. The Company sells a range of wealth protection, accumulation and retirement income products and solutions, through its business segments. It operates through four segments: Annuities segment, which offers fixed (including indexed) and variable annuities; Retirement Plan Services segment, which provides employers with retirement plan products and services; Life Insurance segment, which focuses in the creation and protection of wealth through life insurance products, and Group Protection, which offers principally group non-medical insurance products.

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