The Manufacturers Life Insurance Company boosted its holdings in shares of Lindblad Expeditions Holdings Inc. (NASDAQ:LIND) by 39.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 20,088 shares of the company’s stock after acquiring an additional 5,694 shares during the period. The Manufacturers Life Insurance Company ‘s holdings in Lindblad Expeditions were worth $211,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in LIND. Evanston Investments Inc. dba Evanston Advisors acquired a new position in Lindblad Expeditions during the second quarter worth about $105,000. Bank of America Corp DE raised its position in Lindblad Expeditions by 120.9% during 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 during the last quarter. Wells Fargo & Company MN raised its position in Lindblad Expeditions by 0.3% during 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 during the last quarter. First Trust Advisors LP raised its position in Lindblad Expeditions by 21.3% during the second quarter. First Trust Advisors LP now owns 17,976 shares of the company’s stock worth $189,000 after acquiring an additional 3,161 shares during the last quarter. Finally, Rhumbline Advisers raised its position in Lindblad Expeditions by 67.2% during the second quarter. Rhumbline Advisers now owns 22,243 shares of the company’s stock worth $234,000 after acquiring an additional 8,936 shares during the last quarter. Institutional investors own 49.03% of the company’s stock.

Lindblad Expeditions Holdings Inc. (NASDAQ:LIND) opened at $9.96 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. The firm has a market cap of $452.51, a P/E ratio of 199.20 and a beta of 0.84. Lindblad Expeditions Holdings Inc. has a 52-week low of $8.38 and a 52-week high of $11.26.

A number of equities analysts have recently weighed in on LIND shares. BidaskClub lowered shares of Lindblad Expeditions from a “hold” rating to a “sell” rating in a research report on Saturday, December 2nd. TheStreet raised shares of Lindblad Expeditions from a “c” rating to a “b” rating in a research report on Thursday, November 16th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target 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.

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

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