BNP Paribas Financial Markets Cuts Holdings in Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND)

BNP Paribas Financial Markets lowered its stake in shares of Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) by 16.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 29,760 shares of the company’s stock after selling 6,018 shares during the period. BNP Paribas Financial Markets owned 0.05% of Lindblad Expeditions worth $275,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Assetmark Inc. lifted its stake in shares of Lindblad Expeditions by 49.6% during the 3rd quarter. Assetmark Inc. now owns 5,191 shares of the company’s stock worth $48,000 after purchasing an additional 1,722 shares during the last quarter. Charles Schwab Investment Management Inc. raised its holdings in Lindblad Expeditions by 1.1% in the third quarter. Charles Schwab Investment Management Inc. now owns 295,786 shares of the company’s stock worth $2,736,000 after purchasing an additional 3,087 shares in the last quarter. Victory Capital Management Inc. lifted its position in shares of Lindblad Expeditions by 3.3% during the second quarter. Victory Capital Management Inc. now owns 96,400 shares of the company’s stock valued at $930,000 after buying an additional 3,100 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of Lindblad Expeditions by 5.0% in the 2nd quarter. Bank of New York Mellon Corp now owns 115,944 shares of the company’s stock valued at $1,119,000 after buying an additional 5,569 shares in the last quarter. Finally, Quantbot Technologies LP grew its position in shares of Lindblad Expeditions by 307.7% in the 3rd quarter. Quantbot Technologies LP now owns 8,044 shares of the company’s stock worth $74,000 after buying an additional 6,071 shares during the last quarter. Institutional investors own 75.94% of the company’s stock.

Lindblad Expeditions Trading Up 0.6 %

NASDAQ:LIND opened at $11.76 on Monday. The company has a market capitalization of $640.92 million, a P/E ratio of -15.68 and a beta of 3.11. Lindblad Expeditions Holdings, Inc. has a 12 month low of $6.35 and a 12 month high of $14.34. The firm has a fifty day simple moving average of $11.54 and a 200-day simple moving average of $9.86.

Analysts Set New Price Targets

Several research analysts recently commented on LIND shares. StockNews.com upgraded shares of Lindblad Expeditions from a “hold” rating to a “buy” rating in a research note on Wednesday, November 6th. Craig Hallum upped their price target on Lindblad Expeditions from $12.00 to $16.00 and gave the stock a “buy” rating in a research report on Wednesday, November 6th. Finally, B. Riley raised their price objective on Lindblad Expeditions from $15.00 to $16.00 and gave the stock a “buy” rating in a research report on Friday, August 23rd. One analyst has rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $14.25.

About Lindblad Expeditions

Lindblad Expeditions Holdings, Inc provides marine expedition adventures and travel experience worldwide. It operates through Lindblad and Land Experiences segment. Lindblad segment provides ship-based expeditions aboard customized, nimble, and intimately-scaled vessels, which offers up-close experiences in the planet's wild and remote places, and capitals of culture; and offers expedition ship which is equipped with state-of-the-art tools for in-depth exploration with infrastructure and ports, such as Antarctica and the Arctic, and places that accessed by a ship comprising Galápagos Islands, Alaska, Baja California's Sea of Cortez and Panama, and foster engagement activities.