Roman Butler Fullerton & Co. Has $224,000 Holdings in Lincoln National Co. (NYSE:LNC)

Roman Butler Fullerton & Co. grew its stake in shares of Lincoln National Co. (NYSE:LNC) by 5.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,610 shares of the financial services provider’s stock after acquiring an additional 343 shares during the period. Roman Butler Fullerton & Co.’s holdings in Lincoln National were worth $224,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Principal Financial Group Inc. lifted its position in Lincoln National by 7.2% during the third quarter. Principal Financial Group Inc. now owns 3,309,453 shares of the financial services provider’s stock worth $104,281,000 after acquiring an additional 223,129 shares during the last quarter. Nisa Investment Advisors LLC lifted its position in Lincoln National by 19.5% during the fourth quarter. Nisa Investment Advisors LLC now owns 64,658 shares of the financial services provider’s stock worth $2,050,000 after acquiring an additional 10,560 shares during the last quarter. Range Financial Group LLC acquired a new stake in shares of Lincoln National in the fourth quarter valued at approximately $1,075,000. Geode Capital Management LLC raised its position in shares of Lincoln National by 4.7% in the third quarter. Geode Capital Management LLC now owns 3,373,487 shares of the financial services provider’s stock valued at $106,322,000 after buying an additional 152,622 shares in the last quarter. Finally, SG Americas Securities LLC acquired a new stake in shares of Lincoln National in the fourth quarter valued at approximately $1,094,000. 72.81% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on LNC. StockNews.com upgraded shares of Lincoln National from a “sell” rating to a “hold” rating in a research report on Thursday, November 7th. Morgan Stanley lifted their price target on shares of Lincoln National from $36.00 to $39.00 and gave the company an “equal weight” rating in a research report on Friday. TD Cowen lifted their price target on shares of Lincoln National from $34.00 to $37.00 and gave the company a “hold” rating in a research report on Wednesday, November 27th. Keefe, Bruyette & Woods lifted their price objective on shares of Lincoln National from $37.00 to $40.00 and gave the company a “market perform” rating in a research note on Wednesday. Finally, Wells Fargo & Company decreased their price objective on shares of Lincoln National from $29.00 to $28.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 14th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $35.40.

Lincoln National Price Performance

Shares of NYSE:LNC opened at $39.09 on Friday. The firm has a market cap of $6.66 billion, a PE ratio of 2.13, a price-to-earnings-growth ratio of 0.28 and a beta of 1.79. The firm’s fifty day moving average is $33.32 and its 200-day moving average is $32.69. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.27 and a current ratio of 0.27. Lincoln National Co. has a 52 week low of $25.60 and a 52 week high of $39.85.

Lincoln National (NYSE:LNC) last issued its quarterly earnings results on Thursday, February 6th. The financial services provider reported $1.91 EPS for the quarter, topping analysts’ consensus estimates of $1.87 by $0.04. Lincoln National had a net margin of 17.76% and a return on equity of 18.47%. Sell-side analysts predict that Lincoln National Co. will post 7.63 earnings per share for the current year.

Lincoln National Company Profile

Lincoln National Corporation, through its subsidiaries, operates multiple insurance and retirement businesses in the United States. It operates in four segments: Life Insurance, Annuities, Group Protection, and Retirement Plan Services. The Life Insurance segment provides life insurance products, including term insurance, universal life insurance (UL), indexed universal life insurance, variable universal life insurance (VUL), linked-benefit UL and VUL products, and critical illness and long-term care riders.