Congress Asset Management Co. MA Has $3.54 Million Stock Position in Lindblad Expeditions Holdings Inc (NASDAQ:LIND)

Congress Asset Management Co. MA raised its position in shares of Lindblad Expeditions Holdings Inc (NASDAQ:LIND) by 4.6% in the 3rd quarter, Holdings Channel reports. The firm owned 211,445 shares of the company’s stock after acquiring an additional 9,298 shares during the period. Congress Asset Management Co. MA’s holdings in Lindblad Expeditions were worth $3,544,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Aperio Group LLC acquired a new position in Lindblad Expeditions during the second quarter valued at approximately $25,000. Zurcher Kantonalbank Zurich Cantonalbank raised its position in Lindblad Expeditions by 72.4% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,238 shares of the company’s stock valued at $40,000 after purchasing an additional 940 shares in the last quarter. Massey Quick Simon & CO. LLC acquired a new position in Lindblad Expeditions during the third quarter valued at approximately $53,000. Oppenheimer Asset Management Inc. raised its position in Lindblad Expeditions by 48.7% during the second quarter. Oppenheimer Asset Management Inc. now owns 4,385 shares of the company’s stock valued at $79,000 after purchasing an additional 1,437 shares in the last quarter. Finally, Bank of Montreal Can raised its position in Lindblad Expeditions by 36.9% during the second quarter. Bank of Montreal Can now owns 5,823 shares of the company’s stock valued at $105,000 after purchasing an additional 1,571 shares in the last quarter. Institutional investors and hedge funds own 54.80% of the company’s stock.

Several brokerages have commented on LIND. Imperial Capital restated an “outperform” rating and set a $22.00 price objective (up from $21.00) on shares of Lindblad Expeditions in a research report on Tuesday, August 6th. Deutsche Bank restated a “hold” rating and set a $15.00 price objective on shares of Lindblad Expeditions in a research report on Sunday, August 4th. ValuEngine downgraded shares of Lindblad Expeditions from a “buy” rating to a “hold” rating in a research report on Wednesday, October 2nd. Sidoti upgraded shares of Lindblad Expeditions from a “neutral” rating to a “buy” rating in a research report on Thursday, October 31st. Finally, BidaskClub downgraded shares of Lindblad Expeditions from a “hold” rating to a “sell” rating in a research report on Thursday, October 31st. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $18.40.

In other Lindblad Expeditions news, Director L. Dyson Dryden sold 13,566 shares of the business’s stock in a transaction on Monday, September 16th. The shares were sold at an average price of $17.64, for a total transaction of $239,304.24. Following the sale, the director now owns 1,243,512 shares of the company’s stock, valued at $21,935,551.68. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In the last ninety days, insiders have sold 239,221 shares of company stock worth $4,381,568. Insiders own 50.20% of the company’s stock.

NASDAQ LIND opened at $15.25 on Thursday. The firm’s fifty day moving average price is $16.78 and its two-hundred day moving average price is $17.28. The stock has a market cap of $794.29 million, a PE ratio of 48.50 and a beta of 0.14. Lindblad Expeditions Holdings Inc has a fifty-two week low of $11.98 and a fifty-two week high of $19.29. The company has a debt-to-equity ratio of 1.73, a quick ratio of 0.88 and a current ratio of 0.89.

Lindblad Expeditions (NASDAQ:LIND) last posted its earnings results on Wednesday, October 30th. The company reported ($0.01) earnings per share for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.24). The company had revenue of $100.98 million for the quarter, compared to the consensus estimate of $104.55 million. Lindblad Expeditions had a return on equity of 12.77% and a net margin of 3.11%. As a group, sell-side analysts predict that Lindblad Expeditions Holdings Inc will post 0.44 earnings per share for the current fiscal year.

About Lindblad Expeditions

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.

Featured Story: What is the Beige Book?

Want to see what other hedge funds are holding LIND? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Lindblad Expeditions Holdings Inc (NASDAQ:LIND).

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

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.