Lindblad Expeditions (NASDAQ:LIND) was upgraded by equities research analysts at BidaskClub from a “sell” rating to a “hold” rating in a research note issued on Friday, March 2nd.
LIND has been the subject of a number of other research reports. Zacks Investment Research lowered shares of Lindblad Expeditions from a “hold” rating to a “sell” rating in a research note on Tuesday, January 9th. TheStreet upgraded shares of Lindblad Expeditions from a “c” rating to a “b” rating in a report on Thursday, November 16th. Finally, ValuEngine downgraded shares of Lindblad Expeditions from a “hold” rating to a “sell” rating in a report on Thursday, March 1st. Three equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. Lindblad Expeditions presently has an average rating of “Buy” and an average price target of $11.25.
Shares of Lindblad Expeditions (NASDAQ:LIND) traded up $0.02 during trading hours on Friday, reaching $10.37. 65,578 shares of the company were exchanged, compared to its average volume of 110,340. Lindblad Expeditions has a 1 year low of $8.66 and a 1 year high of $11.26. The company has a quick ratio of 0.90, a current ratio of 0.91 and a debt-to-equity ratio of 1.54. The company has a market capitalization of $462.31, a PE ratio of -49.38 and a beta of 0.13.
Several institutional investors and hedge funds have recently modified their holdings of the company. Emerald Mutual Fund Advisers Trust bought a new position in Lindblad Expeditions during the third quarter worth about $2,441,000. Epoch Investment Partners Inc. grew its stake in Lindblad Expeditions by 27.3% during the third quarter. Epoch Investment Partners Inc. now owns 1,055,119 shares of the company’s stock worth $11,290,000 after buying an additional 226,258 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in Lindblad Expeditions by 49.0% during the third quarter. Dimensional Fund Advisors LP now owns 278,370 shares of the company’s stock worth $2,979,000 after buying an additional 91,499 shares in the last quarter. Rice Hall James & Associates LLC grew its stake in Lindblad Expeditions by 66.0% during the third quarter. Rice Hall James & Associates LLC now owns 222,923 shares of the company’s stock worth $2,385,000 after buying an additional 88,628 shares in the last quarter. Finally, Northern Trust Corp grew its stake in Lindblad Expeditions by 50.9% during the second quarter. Northern Trust Corp now owns 262,499 shares of the company’s stock worth $2,756,000 after buying an additional 88,538 shares in the last quarter. 46.00% of the stock is currently owned by institutional investors.
WARNING: This piece of content was originally published by BBNS and is the sole property of of BBNS. If you are accessing this piece of content on another domain, it was stolen and reposted in violation of United States and international copyright laws. The original version of this piece of content can be read at https://baseballnewssource.com/2018/03/27/lindblad-expeditions-lind-raised-to-hold-at-bidaskclub/1962746.html.
About Lindblad Expeditions
Lindblad Expeditions Holdings, Inc provides expedition cruising and adventure travel services. It offers itineraries that feature up-close encounters with wildlife, nature, history, and culture, as well as promote guest empowerment and interactivity. The company operates expeditions on intimately-scaled ships and interaction between guests, crew, and the teams of scientists, naturalists, researchers, and photographers that participate in the expeditions.
Receive News & Ratings for Lindblad Expeditions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lindblad Expeditions and related companies with MarketBeat.com's FREE daily email newsletter.