Brown Advisory Inc. Acquires 66,130 Shares of Lindblad Expeditions Holdings Inc. (LIND)
Brown Advisory Inc. grew its holdings in Lindblad Expeditions Holdings Inc. (NASDAQ:LIND) by 4.8% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,431,526 shares of the company’s stock after acquiring an additional 66,130 shares during the period. Brown Advisory Inc. owned 3.15% of Lindblad Expeditions worth $15,317,000 as of its most recent SEC filing.
A number of other hedge funds have also bought and sold shares of LIND. Evanston Investments Inc. dba Evanston Advisors bought a new stake in Lindblad Expeditions in the second quarter worth approximately $105,000. Trexquant Investment LP bought a new stake in Lindblad Expeditions in the third quarter worth approximately $128,000. SG Americas Securities LLC bought a new stake in Lindblad Expeditions in the third quarter worth approximately $164,000. Bank of America Corp DE grew its position in Lindblad Expeditions by 120.9% in the first quarter. Bank of America Corp DE now owns 18,684 shares of the company’s stock worth $167,000 after acquiring an additional 10,225 shares in the last quarter. Finally, Wells Fargo & Company MN grew its position in Lindblad Expeditions by 0.3% in the second quarter. Wells Fargo & Company MN now owns 16,086 shares of the company’s stock worth $169,000 after acquiring an additional 44 shares in the last quarter. 49.03% of the stock is owned by institutional investors.
Shares of Lindblad Expeditions Holdings Inc. (NASDAQ:LIND) opened at $10.28 on Monday. The company has a debt-to-equity ratio of 1.31, a current ratio of 1.20 and a quick ratio of 1.18. Lindblad Expeditions Holdings Inc. has a one year low of $8.38 and a one year high of $11.26. The firm has a market cap of $467.05, a price-to-earnings ratio of 205.60 and a beta of 0.84.
Several analysts have commented on LIND shares. BidaskClub raised shares of Lindblad Expeditions from a “strong sell” rating to a “sell” rating in a research report on Tuesday, August 8th. TheStreet raised shares of Lindblad Expeditions from a “c” rating to a “b” rating in a research report on Thursday, November 16th. Finally, Deutsche Bank reissued a “hold” rating and issued a $10.00 target price (up from $9.50) on shares of Lindblad Expeditions in a research report on Wednesday, August 9th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the company’s stock. Lindblad Expeditions presently has a consensus rating of “Hold” and an average target price of $11.25.
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About Lindblad Expeditions
Lindblad Expeditions Holdings, Inc provides expedition cruising and adventure travel services in the United States. It offers itineraries that feature up-close encounters with wildlife, nature, history, and culture, as well as promote guest 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.
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