Quantbot Technologies LP Trims Stake in Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND)

Quantbot Technologies LP decreased its stake in shares of Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) by 41.0% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,745 shares of the company’s stock after selling 3,299 shares during the period. Quantbot Technologies LP’s holdings in Lindblad Expeditions were worth $56,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Manchester Capital Management LLC increased its position in Lindblad Expeditions by 91.3% during the 4th quarter. Manchester Capital Management LLC now owns 2,850 shares of the company’s stock worth $34,000 after purchasing an additional 1,360 shares in the last quarter. New York State Teachers Retirement System acquired a new stake in shares of Lindblad Expeditions during the 4th quarter worth about $38,000. Paloma Partners Management Co purchased a new stake in shares of Lindblad Expeditions during the third quarter worth about $122,000. Simon Quick Advisors LLC purchased a new stake in shares of Lindblad Expeditions during the fourth quarter worth about $126,000. Finally, Olympiad Research LP acquired a new position in shares of Lindblad Expeditions in the fourth quarter valued at approximately $156,000. 75.94% of the stock is owned by institutional investors and hedge funds.

Lindblad Expeditions Trading Up 3.3 %

Shares of NASDAQ:LIND opened at $9.58 on Wednesday. The firm has a market cap of $522.93 million, a price-to-earnings ratio of -12.77 and a beta of 3.12. The stock’s 50-day moving average price is $11.33 and its two-hundred day moving average price is $11.35. Lindblad Expeditions Holdings, Inc. has a 12-month low of $6.35 and a 12-month high of $14.34.

Analyst Ratings Changes

Separately, StockNews.com lowered shares of Lindblad Expeditions from a “buy” rating to a “hold” rating in a research report on Monday, March 3rd. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $14.25.

Lindblad Expeditions Profile

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.