Rhumbline Advisers Purchases 1,167 Shares of Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND)

Rhumbline Advisers grew its position in shares of Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) by 2.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 50,598 shares of the company’s stock after acquiring an additional 1,167 shares during the quarter. Rhumbline Advisers owned about 0.09% of Lindblad Expeditions worth $600,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of LIND. Principal Financial Group Inc. raised its stake in shares of Lindblad Expeditions by 1.6% in the third quarter. Principal Financial Group Inc. now owns 1,688,549 shares of the company’s stock worth $15,619,000 after purchasing an additional 26,647 shares during the last quarter. Geode Capital Management LLC grew its holdings in Lindblad Expeditions by 1.3% during the third quarter. Geode Capital Management LLC now owns 852,669 shares of the company’s stock worth $7,889,000 after buying an additional 11,029 shares in the last quarter. Franklin Resources Inc. raised its position in Lindblad Expeditions by 0.4% in the 3rd quarter. Franklin Resources Inc. now owns 818,963 shares of the company’s stock valued at $7,903,000 after buying an additional 3,016 shares during the last quarter. State Street Corp lifted its stake in Lindblad Expeditions by 0.6% during the 3rd quarter. State Street Corp now owns 790,874 shares of the company’s stock valued at $7,316,000 after acquiring an additional 4,552 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in Lindblad Expeditions by 66.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 322,668 shares of the company’s stock worth $2,985,000 after acquiring an additional 128,610 shares during the last quarter. 75.94% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

Lindblad Expeditions Trading Up 0.8 %

LIND stock opened at $10.62 on Friday. The stock has a market capitalization of $578.83 million, a price-to-earnings ratio of -14.16 and a beta of 3.11. The firm’s 50-day moving average price is $11.95 and its two-hundred day moving average price is $11.25. Lindblad Expeditions Holdings, Inc. has a 12-month low of $6.35 and a 12-month high of $14.34.

Insider Transactions at Lindblad Expeditions

In other news, Director John M. Fahey, Jr. sold 7,000 shares of Lindblad Expeditions stock in a transaction dated Tuesday, December 17th. The stock was sold at an average price of $11.76, for a total value of $82,320.00. Following the completion of the transaction, the director now owns 123,754 shares of the company’s stock, valued at $1,455,347.04. The trade was a 5.35 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 34.30% of the company’s stock.

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.