Why Ellen Cooper Sold 7,300 Stock of Lincoln National (LNC)?; Truepoint Increased Apple (AAPL) Holding

EVP & CIO Ellen Cooper of Lincoln National Corp, unloaded 7,300 of the public company shares having a total value of $620,568 US Dollars with an average of $85.0 per share. The legal document was made public on 06-02-2018 with the SEC and is now free at your disposal here. Currently, Mr. Ellen, has in hand 71,671 shares, which accounts for 0.03% of the company’s market capitalization.

Truepoint Inc increased Apple Inc (AAPL) stake by 15559.39% reported in 2017Q3 SEC filing. Truepoint Inc acquired 4.41 million shares as Apple Inc (AAPL)’s stock rose 12.78%. The Truepoint Inc holds 4.44M shares with $4.44 million value, up from 28,333 last quarter. Apple Inc now has $827.22 billion valuation. The stock increased 4.18% or $6.54 during the last trading session, reaching $163.03. About 68.24 million shares traded or 123.08% up from the average. Apple Inc. (NASDAQ:AAPL) has risen 62.48% since February 7, 2017 and is uptrending. It has outperformed by 45.78% the S&P500.

Lincoln National Corporation, through its subsidiaries, engages in the multiple insurance and retirement businesses in the United States. The company has market cap of $17.14 billion. It operates through four divisions: Annuities, Retirement Plan Services, Life Insurance, and Group Protection. It has a 8.52 P/E ratio. The firm sells a range of wealth protection, accumulation, and retirement income products and solutions.

The stock increased 0.61% or $0.48 during the last trading session, reaching $78.57. About 2.34 million shares traded or 75.45% up from the average. Lincoln National Corporation (NYSE:LNC) has risen 47.27% since February 7, 2017 and is uptrending. It has outperformed by 30.57% the S&P500.

Among 15 analysts covering Lincoln National (NYSE:LNC), 8 have Buy rating, 1 Sell and 6 Hold. Therefore 53% are positive. Lincoln National has $95.0 highest and $43 lowest target. $72.55’s average target is -7.66% below currents $78.57 stock price. Lincoln National had 51 analyst reports since August 4, 2015 according to SRatingsIntel. The stock of Lincoln National Corporation (NYSE:LNC) has “Mkt Perform” rating given on Monday, November 28 by FBR Capital. JP Morgan upgraded the shares of LNC in report on Tuesday, January 2 to “Overweight” rating. The stock has “Buy” rating by Sandler O’Neill on Thursday, August 27. Morgan Stanley maintained Lincoln National Corporation (NYSE:LNC) rating on Thursday, November 2. Morgan Stanley has “Equal-Weight” rating and $79 target. The rating was upgraded by Bank of America on Thursday, April 6 to “Buy”. Wells Fargo maintained Lincoln National Corporation (NYSE:LNC) on Friday, May 5 with “Hold” rating. The firm has “Neutral” rating given on Friday, October 7 by Credit Suisse. The rating was maintained by RBC Capital Markets on Thursday, February 4 with “Sector Perform”. RBC Capital Markets upgraded Lincoln National Corporation (NYSE:LNC) on Friday, December 9 to “Outperform” rating. Goldman Sachs upgraded Lincoln National Corporation (NYSE:LNC) on Thursday, September 10 to “Buy” rating.

Investors sentiment decreased to 0.84 in 2017 Q3. Its down 0.08, from 0.92 in 2017Q2. It fall, as 31 investors sold Lincoln National Corporation shares while 232 reduced holdings. 53 funds opened positions while 169 raised stakes. 171.85 million shares or 0.51% less from 172.72 million shares in 2017Q2 were reported. Hbk L P holds 0.07% or 118,155 shares in its portfolio. Agf Invs America has 0.26% invested in Lincoln National Corporation (NYSE:LNC) for 9,338 shares. Cap Inv Counsel Incorporated has 4,088 shares for 0.13% of their portfolio. Alliancebernstein Limited Partnership holds 425,677 shares. Rmb Cap Mgmt Limited Liability Co accumulated 9,398 shares. Pinnacle Finance Prns reported 0.18% stake. Kempner invested in 1.19% or 24,624 shares. Tiaa Cref Inv Management Ltd reported 0.13% of its portfolio in Lincoln National Corporation (NYSE:LNC). The Tennessee-based Highland Capital Management Ltd Liability has invested 0.31% in Lincoln National Corporation (NYSE:LNC). Cibc Ww Markets invested 0.08% in Lincoln National Corporation (NYSE:LNC). Moreover, Paragon Cap Management Ltd has 0.11% invested in Lincoln National Corporation (NYSE:LNC) for 3,994 shares. Natixis Asset Management holds 3,058 shares or 0.02% of its portfolio. Deroy Devereaux Private Invest Counsel Inc accumulated 35,380 shares. Baystate Wealth Ltd reported 189 shares. Jacobs Levy Equity Mgmt invested in 0.03% or 20,180 shares.

Investors sentiment increased to 0.7 in Q3 2017. Its up 0.02, from 0.68 in 2017Q2. It is positive, as 52 investors sold AAPL shares while 1034 reduced holdings. 116 funds opened positions while 640 raised stakes. 2.97 billion shares or 2.78% less from 3.06 billion shares in 2017Q2 were reported. South Dakota Investment Council stated it has 1.14M shares. Bremer National Association stated it has 44,397 shares. Parsec Fincl Mngmt Inc invested 3.27% in Apple Inc. (NASDAQ:AAPL). Asset Of Georgia Ga Adv invested in 2,498 shares or 0.28% of the stock. The New York-based Archon Prns Limited Liability has invested 3.39% in Apple Inc. (NASDAQ:AAPL). Asset Management One Ltd has 3.04% invested in Apple Inc. (NASDAQ:AAPL) for 8.41 million shares. Moreover, Winslow Asset Management has 2.92% invested in Apple Inc. (NASDAQ:AAPL) for 97,867 shares. Natl Bank Of Stockton reported 20,388 shares or 1.43% of all its holdings. L & S Advsr Incorporated has 2.04% invested in Apple Inc. (NASDAQ:AAPL). Amundi Pioneer Asset stated it has 4.31% of its portfolio in Apple Inc. (NASDAQ:AAPL). Moreover, E&G Advsr Ltd Partnership has 1.63% invested in Apple Inc. (NASDAQ:AAPL) for 23,456 shares. 4.62 million were reported by Capital Invsts. Chilton Inv Co Limited Liability Co holds 6,860 shares. Guardian Capital LP invested in 188,561 shares or 0.43% of the stock. Hancock has 0.03% invested in Apple Inc. (NASDAQ:AAPL).

Since August 15, 2017, it had 0 buys, and 9 selling transactions for $73.18 million activity. Riccio Daniel J. sold 15,641 shares worth $2.65M. Srouji Johny sold $1.70M worth of stock or 10,469 shares. COOK TIMOTHY D sold $43.15 million worth of Apple Inc. (NASDAQ:AAPL) on Thursday, August 24. Another trade for 56,808 shares valued at $8.79 million was made by SCHILLER PHILIP W on Tuesday, October 3. $9.78 million worth of stock was sold by AHRENDTS ANGELA J on Tuesday, October 3. Another trade for 6,209 shares valued at $1.01 million was made by KONDO CHRIS on Tuesday, August 15.