MetLife Investment Advisors LLC cut its stake in Lindblad Expeditions Holdings Inc (NASDAQ:LIND) by 35.5% in the 4th quarter, HoldingsChannel reports. The firm owned 10,779 shares of the company’s stock after selling 5,945 shares during the quarter. MetLife Investment Advisors LLC’s holdings in Lindblad Expeditions were worth $145,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. JPMorgan Chase & Co. grew its position in Lindblad Expeditions by 179.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 39,511 shares of the company’s stock valued at $587,000 after buying an additional 25,374 shares in the last quarter. Bank of New York Mellon Corp grew its position in Lindblad Expeditions by 7.4% in the 3rd quarter. Bank of New York Mellon Corp now owns 82,900 shares of the company’s stock valued at $1,233,000 after buying an additional 5,726 shares in the last quarter. BlackRock Inc. grew its position in Lindblad Expeditions by 0.9% in the 3rd quarter. BlackRock Inc. now owns 1,369,142 shares of the company’s stock valued at $20,359,000 after buying an additional 11,943 shares in the last quarter. Panagora Asset Management Inc. bought a new position in Lindblad Expeditions in the 3rd quarter valued at about $243,000. Finally, Dimensional Fund Advisors LP grew its position in Lindblad Expeditions by 18.9% in the 3rd quarter. Dimensional Fund Advisors LP now owns 768,448 shares of the company’s stock valued at $11,427,000 after buying an additional 122,397 shares in the last quarter. Institutional investors own 59.63% of the company’s stock.

Shares of NASDAQ LIND opened at $15.87 on Thursday. Lindblad Expeditions Holdings Inc has a twelve month low of $10.82 and a twelve month high of $16.60. The company has a debt-to-equity ratio of 1.62, a current ratio of 0.94 and a quick ratio of 0.93. The stock has a market capitalization of $725.01 million and a price-to-earnings ratio of 66.13.

Lindblad Expeditions (NASDAQ:LIND) last issued its quarterly earnings results on Thursday, February 28th. The company reported ($0.10) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.11) by $0.01. Lindblad Expeditions had a net margin of 3.67% and a return on equity of 9.80%. On average, equities research analysts forecast that Lindblad Expeditions Holdings Inc will post 0.44 EPS for the current year.

In other Lindblad Expeditions news, insider Trey Byus sold 20,000 shares of the company’s stock in a transaction dated Thursday, March 7th. The shares were sold at an average price of $15.18, for a total value of $303,600.00. Following the completion of the sale, the insider now directly owns 336,607 shares of the company’s stock, valued at approximately $5,109,694.26. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders sold a total of 186,070 shares of company stock valued at $2,910,583 over the last three months. 51.60% of the stock is owned by corporate insiders.

A number of equities analysts recently issued reports on LIND shares. Imperial Capital reiterated an “outperform” rating and issued a $18.00 target price (up previously from $17.00) on shares of Lindblad Expeditions in a research report on Monday, March 4th. TheStreet upgraded shares of Lindblad Expeditions from a “c+” rating to a “b-” rating in a research report on Monday, March 11th. BidaskClub upgraded shares of Lindblad Expeditions from a “strong sell” rating to a “sell” rating in a research report on Friday, March 1st. Deutsche Bank set a $14.00 target price on shares of Lindblad Expeditions and gave the company a “hold” rating in a research report on Friday, March 1st. Finally, ValuEngine raised shares of Lindblad Expeditions from a “buy” rating to a “strong-buy” rating in a report on Thursday, March 7th. Two equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $17.00.

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Lindblad Expeditions Company Profile

Lindblad Expeditions Holdings, Inc provides expedition cruising and adventure travel services. It delivers voyages through a fleet of eight owned expedition ships and five seasonal charter vessels under the Lindblad brand; and operates eco-conscious expeditions and nature focused small-group tours under the Natural Habitat brand.

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Institutional Ownership by Quarter for Lindblad Expeditions (NASDAQ:LIND)

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