Public Sector Pension Investment Board Has Boosted Holding in Lincoln Natl Ind (LNC) by $1.90 Million as Stock Value Declined; Ftb Advisors Holds Stake in Eog0res0inc (EOG)

April 21, 2018 - By Marguerite Chambers

EOG Resources, Inc. (NYSE:EOG) Logo

Public Sector Pension Investment Board increased its stake in Lincoln Natl Corp Ind (LNC) by 26.36% based on its latest 2017Q4 regulatory filing with the SEC. Public Sector Pension Investment Board bought 25,000 shares as the company’s stock declined 7.45% with the market. The institutional investor held 119,855 shares of the life insurance company at the end of 2017Q4, valued at $9.21M, up from 94,855 at the end of the previous reported quarter. Public Sector Pension Investment Board who had been investing in Lincoln Natl Corp Ind for a number of months, seems to be bullish on the $15.65B market cap company. The stock decreased 0.06% or $0.04 during the last trading session, reaching $71.58. About 1.53M shares traded. Lincoln National Corporation (NYSE:LNC) has risen 13.38% since April 21, 2017 and is uptrending. It has outperformed by 1.83% the S&P500.

Ftb Advisors Inc increased its stake in Eog0res0inc (EOG) by 601.27% based on its latest 2017Q4 regulatory filing with the SEC. Ftb Advisors Inc bought 2,850 shares as the company’s stock declined 0.73% with the market. The institutional investor held 3,324 shares of the energy company at the end of 2017Q4, valued at $359,000, up from 474 at the end of the previous reported quarter. Ftb Advisors Inc who had been investing in Eog0res0inc for a number of months, seems to be bullish on the $65.95 billion market cap company. The stock decreased 0.06% or $0.07 during the last trading session, reaching $113.97. About 3.11M shares traded. EOG Resources, Inc. (NYSE:EOG) has risen 13.87% since April 21, 2017 and is uptrending. It has outperformed by 2.32% the S&P500.

Investors sentiment increased to 0.97 in 2017 Q4. Its up 0.15, from 0.82 in 2017Q3. It increased, as 48 investors sold EOG shares while 332 reduced holdings. 112 funds opened positions while 257 raised stakes. 477.30 million shares or 0.36% less from 479.04 million shares in 2017Q3 were reported. Cullen Frost Bankers accumulated 16,131 shares. Ledyard Bankshares owns 375 shares for 0% of their portfolio. Bluecrest Capital Ltd accumulated 123,583 shares. Tradewinds Capital Mgmt Ltd Llc reported 0.01% of its portfolio in EOG Resources, Inc. (NYSE:EOG). National Asset Management accumulated 0.03% or 2,225 shares. Virtus Advisers holds 18,552 shares or 0.07% of its portfolio. Texas Bancorp Tx invested in 8,804 shares. Adage Cap Prtn Gp Ltd Liability holds 792,000 shares. Spectrum Management Grp Inc owns 500 shares. Oakbrook Investments Ltd Liability holds 0.02% in EOG Resources, Inc. (NYSE:EOG) or 3,400 shares. Ny State Teachers Retirement Sys has 952,798 shares for 0.24% of their portfolio. Aureus Asset Mgmt Limited Liability Company holds 0.18% or 10,673 shares. Univest Of Pennsylvania invested in 0.99% or 22,866 shares. Suntrust Banks Inc holds 0.12% or 204,924 shares in its portfolio. Cushing Asset Mngmt LP owns 29,636 shares.

Among 39 analysts covering EOG Resources (NYSE:EOG), 29 have Buy rating, 0 Sell and 10 Hold. Therefore 74% are positive. EOG Resources had 130 analyst reports since July 22, 2015 according to SRatingsIntel. The rating was reinitiated by Robert W. Baird with “Outperform” on Tuesday, December 19. The stock of EOG Resources, Inc. (NYSE:EOG) earned “Hold” rating by RBC Capital Markets on Friday, July 14. UBS upgraded the stock to “Buy” rating in Thursday, March 30 report. Jefferies maintained EOG Resources, Inc. (NYSE:EOG) on Monday, August 14 with “Hold” rating. Cowen & Co maintained EOG Resources, Inc. (NYSE:EOG) on Thursday, January 18 with “Hold” rating. The stock of EOG Resources, Inc. (NYSE:EOG) has “Hold” rating given on Monday, October 3 by Societe Generale. The firm earned “Neutral” rating on Monday, December 12 by Atlantic Securities. Morgan Stanley upgraded EOG Resources, Inc. (NYSE:EOG) rating on Tuesday, September 12. Morgan Stanley has “Buy” rating and $106.0 target. The firm has “Buy” rating given on Monday, May 9 by Canaccord Genuity. The rating was maintained by Jefferies with “Hold” on Wednesday, December 20.

Since January 10, 2018, it had 0 insider buys, and 3 selling transactions for $6.91 million activity. 40,000 shares were sold by THOMAS GARY L, worth $4.52 million. Trice David W had sold 5,570 shares worth $646,120 on Friday, January 12.

Ftb Advisors Inc, which manages about $3.88B and $1.05B US Long portfolio, decreased its stake in First0tr0s&P0reit0index0fd (FRI) by 16,544 shares to 80,716 shares, valued at $1.80 million in 2017Q4, according to the filing. It also reduced its holding in Commscope0holdings0co0inc0com0usd0.01 (NASDAQ:COMM) by 9,050 shares in the quarter, leaving it with 558 shares, and cut its stake in Ishares0tr0us0regnl0bks0etf (IAT).

Public Sector Pension Investment Board, which manages about $15.38 billion US Long portfolio, decreased its stake in Red Hat Inc (NYSE:RHT) by 10,300 shares to 9,462 shares, valued at $1.14M in 2017Q4, according to the filing. It also reduced its holding in Lockheed Martin Corp (NYSE:LMT) by 60,000 shares in the quarter, leaving it with 32,464 shares, and cut its stake in Advantage Oil & Gas Ltd (NYSE:AAV).

Among 17 analysts covering Lincoln National (NYSE:LNC), 9 have Buy rating, 1 Sell and 7 Hold. Therefore 53% are positive. Lincoln National had 56 analyst reports since August 4, 2015 according to SRatingsIntel. Macquarie Research downgraded Lincoln National Corporation (NYSE:LNC) on Thursday, April 14 to “Neutral” rating. As per Thursday, August 27, the company rating was initiated by Sandler O’Neill. The stock has “Hold” rating by Keefe Bruyette & Woods on Friday, June 23. The firm has “Hold” rating by Zacks given on Tuesday, August 4. The stock has “Hold” rating by Wells Fargo on Thursday, June 8. RBC Capital Markets maintained the shares of LNC in report on Tuesday, September 5 with “Buy” rating. The stock has “Outperform” rating by RBC Capital Markets on Friday, February 3. The rating was maintained by Sandler O’Neill on Friday, January 19 with “Buy”. As per Thursday, November 2, the company rating was maintained by Morgan Stanley. FBR Capital maintained Lincoln National Corporation (NYSE:LNC) rating on Tuesday, October 18. FBR Capital has “Outperform” rating and $55 target.

Lincoln National Corporation (NYSE:LNC) Institutional Positions Chart

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