Shelton Capital Management Has Lifted Lincoln Natl Ind (LNC) Holding By $1.93 Million; Shapiro Capital Management Has Trimmed By $24.41 Billion Its Corning (GLW) Stake

April 17, 2018 - By Marguerite Chambers

Corning Incorporated (NYSE:GLW) Logo

Shelton Capital Management increased Lincoln Natl Corp Ind (LNC) stake by 43.27% reported in 2017Q4 SEC filing. Shelton Capital Management acquired 25,400 shares as Lincoln Natl Corp Ind (LNC)’s stock declined 7.45%. The Shelton Capital Management holds 84,105 shares with $6.47 million value, up from 58,705 last quarter. Lincoln Natl Corp Ind now has $15.31B valuation. The stock increased 1.07% or $0.74 during the last trading session, reaching $70. About 1.34M shares traded. Lincoln National Corporation (NYSE:LNC) has risen 13.38% since April 17, 2017 and is uptrending. It has outperformed by 1.83% the S&P500.

Shapiro Capital Management Llc decreased Corning Inc. (GLW) stake by 24.96% reported in 2017Q4 SEC filing. Shapiro Capital Management Llc sold 763,172 shares as Corning Inc. (GLW)’s stock declined 14.33%. The Shapiro Capital Management Llc holds 2.29M shares with $73.42 billion value, down from 3.06 million last quarter. Corning Inc. now has $23.35B valuation. The stock increased 0.26% or $0.07 during the last trading session, reaching $27.49. About 6.12M shares traded. Corning Incorporated (NYSE:GLW) has risen 1.20% since April 17, 2017 and is uptrending. It has underperformed by 10.35% the S&P500.

Analysts await Corning Incorporated (NYSE:GLW) to report earnings on April, 24 before the open. They expect $0.30 EPS, down 23.08% or $0.09 from last year’s $0.39 per share. GLW’s profit will be $254.77M for 22.91 P/E if the $0.30 EPS becomes a reality. After $0.49 actual EPS reported by Corning Incorporated for the previous quarter, Wall Street now forecasts -38.78% negative EPS growth.

Among 18 analysts covering Corning Incorporated (NYSE:GLW), 5 have Buy rating, 2 Sell and 11 Hold. Therefore 28% are positive. Corning Incorporated had 46 analyst reports since July 30, 2015 according to SRatingsIntel. The company was maintained on Monday, July 17 by Guggenheim. The stock of Corning Incorporated (NYSE:GLW) earned “Buy” rating by Deutsche Bank on Wednesday, October 26. The firm has “Neutral” rating by Sterne Agee CRT given on Tuesday, September 29. The firm has “Neutral” rating by Goldman Sachs given on Tuesday, March 14. The firm has “Sell” rating by Drexel Hamilton given on Wednesday, July 26. The company was downgraded on Friday, March 31 by Citigroup. The rating was initiated by Guggenheim on Wednesday, January 4 with “Buy”. The rating was maintained by Deutsche Bank on Wednesday, October 25 with “Buy”. The company was maintained on Friday, September 25 by RBC Capital Markets. The company was maintained on Tuesday, October 24 by Guggenheim.

Since October 25, 2017, it had 1 insider buy, and 5 sales for $8.17 million activity. 30,000 Corning Incorporated (NYSE:GLW) shares with value of $887,931 were bought by CANNING JOHN A JR. WEEKS WENDELL P sold $7.81M worth of stock. Musser Eric S also sold $945,178 worth of Corning Incorporated (NYSE:GLW) on Wednesday, October 25. $66,979 worth of Corning Incorporated (NYSE:GLW) shares were sold by RIEMAN DEBORAH. 1,000 shares valued at $29,895 were sold by Pambianchi Christine M on Monday, March 12. On Wednesday, October 25 TOOKES HANSEL E II sold $205,778 worth of Corning Incorporated (NYSE:GLW) or 6,513 shares.

Investors sentiment increased to 0.84 in 2017 Q4. Its up 0.09, from 0.75 in 2017Q3. It improved, as 41 investors sold GLW shares while 340 reduced holdings. 86 funds opened positions while 234 raised stakes. 598.30 million shares or 2.01% less from 610.60 million shares in 2017Q3 were reported. Bnp Paribas Arbitrage Sa has invested 0.02% in Corning Incorporated (NYSE:GLW). Bnp Paribas Asset Management stated it has 0.01% in Corning Incorporated (NYSE:GLW). Oppenheimer Asset Mgmt reported 0.35% stake. Dynamic Advsrs Solutions reported 54,494 shares. Vantage Investment Advsr Ltd Liability Company reported 8,410 shares. Loudon Inv Management Limited Liability Company has invested 0.19% in Corning Incorporated (NYSE:GLW). Invesco holds 2.09 million shares or 0.02% of its portfolio. First Citizens State Bank And Tru Co has invested 0.55% of its portfolio in Corning Incorporated (NYSE:GLW). Barclays Public Ltd Company reported 2.64M shares. Mraz Amerine & Associate has 15,670 shares for 0.15% of their portfolio. Pdts Limited Liability owns 0.83% invested in Corning Incorporated (NYSE:GLW) for 892,084 shares. Research & Mngmt owns 0% invested in Corning Incorporated (NYSE:GLW) for 400 shares. 14,282 are held by Boothbay Fund Management Limited Liability. Moreover, Dekabank Deutsche Girozentrale has 0.13% invested in Corning Incorporated (NYSE:GLW) for 565,354 shares. Covenant Multifamily Offices Ltd Liability has invested 2.19% of its portfolio in Corning Incorporated (NYSE:GLW).

Shapiro Capital Management Llc increased First Data Corporation stake by 282,854 shares to 4.71M valued at $78.71B in 2017Q4. It also upped Axalta Coating Systems Ltd stake by 2.38 million shares and now owns 4.46 million shares. Amc Networks Inc. (NASDAQ:AMCX) was raised too.

Since February 2, 2018, it had 0 insider buys, and 7 selling transactions for $14.98 million activity. Solon Kenneth S. also sold $147,244 worth of Lincoln National Corporation (NYSE:LNC) shares. On Friday, February 2 the insider Cooper Ellen sold $620,568. $8.67M worth of Lincoln National Corporation (NYSE:LNC) was sold by GLASS DENNIS R on Friday, February 2. Freitag Randal J sold $147,152 worth of stock. $1.92M worth of stock was sold by Buckingham Lisa on Monday, March 12.

Shelton Capital Management decreased Mylan N V (Put) (NASDAQ:MYL) stake by 178,685 shares to 77,600 valued at $3.28M in 2017Q4. It also reduced State Str Corp (NYSE:STT) stake by 9,100 shares and now owns 12,693 shares. Ares Cap Corp (NASDAQ:ARCC) was reduced too.

Investors sentiment increased to 0.96 in Q4 2017. Its up 0.12, from 0.84 in 2017Q3. It is positive, as 35 investors sold LNC shares while 213 reduced holdings. 61 funds opened positions while 176 raised stakes. 170.09 million shares or 1.02% less from 171.85 million shares in 2017Q3 were reported. Lincoln Natl accumulated 0.05% or 22,570 shares. Bnp Paribas Arbitrage Sa owns 203,879 shares for 0.03% of their portfolio. Piedmont Investment Advsr invested 0.05% of its portfolio in Lincoln National Corporation (NYSE:LNC). Capital Fund Management reported 0.12% stake. Rafferty Asset Mngmt Limited Liability Co holds 103,516 shares or 0.14% of its portfolio. 54,342 are owned by Qs Investors Limited Liability. Advantus Cap Management has 22,001 shares for 0.04% of their portfolio. Schroder Invest Mgmt reported 0.01% stake. Bancorp Of The West stated it has 0.04% of its portfolio in Lincoln National Corporation (NYSE:LNC). 33,887 were reported by Metropolitan Life Insur Co New York. Moreover, Cap Ok has 0.03% invested in Lincoln National Corporation (NYSE:LNC) for 7,030 shares. Creative Planning has 0.01% invested in Lincoln National Corporation (NYSE:LNC). Price T Rowe Incorporated Md reported 391,499 shares. 4,160 are held by Mufg Americas Hldgs. The California-based Poplar Forest Capital Ltd has invested 5.02% in Lincoln National Corporation (NYSE:LNC).

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