Dreman Value Management L L C maintained its position in Lincoln National Corporation (NYSE:LNC) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,715 shares of the financial services provider’s stock at the end of the second quarter. Dreman Value Management L L C’s holdings in Lincoln National Corporation were worth $505,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Krilogy Financial LLC raised its holdings in shares of Lincoln National Corporation by 1.2% in the second quarter. Krilogy Financial LLC now owns 3,460 shares of the financial services provider’s stock worth $234,000 after acquiring an additional 40 shares during the last quarter. Altavista Wealth Management Inc. raised its holdings in shares of Lincoln National Corporation by 0.3% in the second quarter. Altavista Wealth Management Inc. now owns 66,979 shares of the financial services provider’s stock worth $4,526,000 after acquiring an additional 188 shares during the last quarter. Nomura Holdings Inc. raised its holdings in shares of Lincoln National Corporation by 601.0% in the second quarter. Nomura Holdings Inc. now owns 39,875 shares of the financial services provider’s stock worth $2,695,000 after acquiring an additional 34,187 shares during the last quarter. DF Dent & Co. Inc. raised its holdings in shares of Lincoln National Corporation by 122.3% in the second quarter. DF Dent & Co. Inc. now owns 11,155 shares of the financial services provider’s stock worth $754,000 after acquiring an additional 6,138 shares during the last quarter. Finally, Cypress Capital Management LLC grew its position in shares of Lincoln National Corporation by 36.7% in the second quarter. Cypress Capital Management LLC now owns 11,848 shares of the financial services provider’s stock valued at $801,000 after purchasing an additional 3,180 shares during the period. 79.80% of the stock is owned by institutional investors.

A number of brokerages have recently commented on LNC. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $83.00 price objective on shares of Lincoln National Corporation in a research report on Tuesday, October 10th. Morgan Stanley lifted their price objective on Lincoln National Corporation from $76.00 to $77.00 and gave the company an “equal weight” rating in a research report on Thursday, October 5th. Zacks Investment Research raised Lincoln National Corporation from a “hold” rating to a “buy” rating and set a $83.00 price objective for the company in a research report on Tuesday, August 8th. BidaskClub raised Lincoln National Corporation from a “hold” rating to a “buy” rating in a research report on Thursday, August 3rd. Finally, Wells Fargo & Company reaffirmed a “hold” rating on shares of Lincoln National Corporation in a research report on Wednesday, August 2nd. Six analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Lincoln National Corporation presently has a consensus rating of “Hold” and an average target price of $77.11.

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Lincoln National Corporation (NYSE LNC) traded up 0.63% during midday trading on Monday, reaching $75.34. The company’s stock had a trading volume of 152,102 shares. The stock’s 50-day moving average price is $71.23 and its 200-day moving average price is $68.76. Lincoln National Corporation has a 12 month low of $47.71 and a 12 month high of $76.10. The firm has a market capitalization of $16.68 billion, a price-to-earnings ratio of 11.48 and a beta of 1.99.

Lincoln National Corporation (NYSE:LNC) last posted its quarterly earnings results on Wednesday, August 2nd. The financial services provider reported $1.85 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.73 by $0.12. Lincoln National Corporation had a net margin of 10.85% and a return on equity of 10.99%. The business had revenue of $3.58 billion for the quarter, compared to the consensus estimate of $3.56 billion. During the same period in the prior year, the business posted $1.56 earnings per share. Lincoln National Corporation’s revenue for the quarter was up 8.2% compared to the same quarter last year. Analysts predict that Lincoln National Corporation will post $7.49 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 1st. Stockholders of record on Tuesday, October 10th will be paid a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.55%. The ex-dividend date of this dividend is Friday, October 6th. Lincoln National Corporation’s dividend payout ratio (DPR) is presently 17.79%.

About Lincoln National Corporation

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. The Company 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 on the creation and protection of wealth through life insurance products, and Group Protection, which offers principally group non-medical insurance products.

Institutional Ownership by Quarter for Lincoln National Corporation (NYSE:LNC)

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