Healthcare of Ontario Pension Plan Trust Fund Purchases New Stake in Lineage, Inc. $LINE

Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in shares of Lineage, Inc. (NASDAQ:LINE) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 88,013 shares of the company’s stock, valued at approximately $2,883,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. EverSource Wealth Advisors LLC raised its stake in shares of Lineage by 172.4% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 572 shares of the company’s stock valued at $25,000 after purchasing an additional 362 shares in the last quarter. Rothschild Investment LLC lifted its position in shares of Lineage by 575.2% during the fourth quarter. Rothschild Investment LLC now owns 736 shares of the company’s stock worth $26,000 after purchasing an additional 627 shares during the last quarter. Allworth Financial LP grew its stake in Lineage by 106.6% in the fourth quarter. Allworth Financial LP now owns 940 shares of the company’s stock worth $33,000 after purchasing an additional 485 shares in the last quarter. Aew Capital Management L P acquired a new position in Lineage in the fourth quarter worth about $42,000. Finally, Caitlin John LLC increased its holdings in Lineage by 88.4% in the fourth quarter. Caitlin John LLC now owns 1,507 shares of the company’s stock valued at $53,000 after buying an additional 707 shares during the last quarter.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. Wall Street Zen upgraded Lineage from a “strong sell” rating to a “sell” rating in a research note on Tuesday, May 19th. Scotiabank reiterated a “sector perform” rating and issued a $45.00 price target on shares of Lineage in a report on Thursday, June 18th. Weiss Ratings reissued a “sell (d)” rating on shares of Lineage in a research report on Wednesday, June 24th. Evercore set a $44.00 price objective on Lineage in a research note on Monday, June 8th. Finally, Morgan Stanley lifted their price objective on shares of Lineage from $39.00 to $47.00 and gave the stock an “equal weight” rating in a report on Tuesday, June 2nd. Five equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat, Lineage currently has an average rating of “Hold” and a consensus price target of $43.38.

Lineage Stock Performance

Shares of LINE stock opened at $42.85 on Friday. The company has a quick ratio of 0.76, a current ratio of 0.85 and a debt-to-equity ratio of 0.82. The business has a 50 day moving average of $43.04 and a two-hundred day moving average of $39.12. Lineage, Inc. has a 52 week low of $31.33 and a 52 week high of $45.75. The company has a market cap of $9.76 billion, a P/E ratio of -69.11 and a beta of 0.85.

Lineage (NASDAQ:LINE) last posted its earnings results on Wednesday, May 6th. The company reported $0.78 EPS for the quarter, beating the consensus estimate of ($0.23) by $1.01. The company had revenue of $1.30 billion during the quarter, compared to analyst estimates of $1.31 billion. Lineage had a negative return on equity of 1.56% and a negative net margin of 2.72%.The business’s revenue was up .4% compared to the same quarter last year. During the same period in the prior year, the company earned $0.86 earnings per share. As a group, analysts anticipate that Lineage, Inc. will post 2.46 EPS for the current year.

Lineage Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 21st. Investors of record on Tuesday, June 30th were paid a dividend of $0.5325 per share. This represents a $2.13 dividend on an annualized basis and a yield of 5.0%. The ex-dividend date was Tuesday, June 30th. Lineage’s dividend payout ratio is presently -343.55%.

Lineage News Summary

Here are the key news stories impacting Lineage this week:

• Positive Sentiment: Lineage’s applications to rebuild the Boyle Heights facility could eventually restore warehouse capacity and revenue-generating operations. However, the reports indicate the company is seeking permits rather than announcing an approved project or construction start. What the Lineage warehouse rebuilding permits actually mean
• Neutral Sentiment: The rebuilding proposal is drawing strong opposition from Boyle Heights residents, parents and local officials, who say the site’s cleanup remains incomplete and that odor concerns could affect nearby schools. The controversy may delay permitting and increase compliance or remediation costs, but no specific financial impact was reported. Boyle Heights parents want answers about schools reopening in the Lineage stench zone
• Negative Sentiment: Los Angeles County health authorities reportedly fined Lineage over rotting food and large numbers of flies at the fire-damaged warehouse and could impose additional daily penalties. Ongoing enforcement raises the risk of higher cleanup expenses, legal exposure and further delays in returning the facility to service. Lineage Fined For Rotting Food, Swarms Of Flies At Burned LA Cold Storage Warehouse
• Negative Sentiment: Local officials, including the mayor, described the rebuilding filing as a “slap in the face,” intensifying political and community scrutiny. That reaction could make approvals more difficult and damage Lineage’s reputation with customers and regulators. Boyle Heights warehouse rebuild prompts outrage
• Neutral Sentiment: One listed article concerns Lineage Cell Therapeutics, a separate company and not Lineage, Inc. (NASDAQ: LINE), so it should not be treated as news affecting LINE. Lineage Cell Therapeutics earnings announcement

About Lineage

Lineage Logistics, Inc (NASDAQ: LINE) is a leading provider of temperature-controlled industrial real estate and supply chain solutions. The company specializes in refrigerated and frozen storage, transportation, and ancillary services designed to support the global perishable goods industry. From food manufacturers and distributors to retailers and foodservice operators, Lineage offers tailored temperature management solutions that help clients optimize inventory turnover, reduce waste, and maintain product quality throughout the cold chain.

Lineage’s core services include ambient, refrigerated and frozen warehousing, cross-docking, transloading, and dedicated transportation.