Large Outflow of Money Witnessed in Lincoln National Corporation

Lincoln National Corporation (NYSE:LNC) managed to stay afloat and traded higher with an addition of 0.03 point or 0.07% at $43.07. The money flow data is a negative $(-12.52) million with $10.37 million in upticks and $22.89 million in downticks. The intraday up/down ratio came in at 0.45. The shares have seen -3.06% change for the week in its share price.From the data available, it was found that a block transaction occurred during the course of trading. For it, the aggregated worth of the upticks was $0 million and the combined worth of the downticks was $10.69, Million, leading to the up/down ratio of 0. The block trade saw a net money flow of $(-10.69) million.


Currently the company Insiders own 1.41% of Lincoln National Corporation shares according to the proxy statements. Institutional Investors own 82.54% of Lincoln National Corporation shares. During last six month period, the net percent change held by insiders has seen a change of 1.71%. On the companys insider trading activities,The (President – Ins. Sol. and Ann.) of Lincoln National Corp, Konen Mark E sold 16,000 shares at $45.26 on May 18, 2016. The Insider selling transaction had a total value worth of $724,160. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Lincoln National Corporation (NYSE:LNC) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.21 points or 0.49% at $42.83 with 3,277,945 shares getting traded. Post opening the session at $42.65, the shares hit an intraday low of $42.38 and an intraday high of $43.3499 and the price was in this range throughout the day. The company has a market cap of $10,237 million and the number of outstanding shares have been calculated to be 239,007,140 shares. The 52-week high of Lincoln National Corporation (NYSE:LNC) is $61.8 and the 52-week low is $30.39.

Many analysts have stated their opinion on the company shares. Macquarie downgrades its rating on Lincoln National Corporation (NYSE:LNC). Analysts at the Macquarie have a current rating of Neutral on the shares. The shares were previously rated Outperform. The rating by the firm was issued on April 14, 2016.

Lincoln National Corporation is a holding company, which operates multiple 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. These products include fixed and indexed annuities, variable annuities, universal life insurance, variable universal life insurance, linked-benefit UL, term life insurance, indexed universal life insurance, employer-sponsored retirement plans and services, and group life, disability and dental. It operates in four segments: Annuities offers fixed (including indexed) and variable annuities. Retirement Plan Services provides employers with retirement plan products and services. Life Insurance focuses in the creation and protection of wealth through life insurance products. Group Protection offers principally group non-medical insurance products.

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