Lindblad Expeditions Holdings Inc. (LIND) Stake Boosted by Nationwide Fund Advisors

Nationwide Fund Advisors increased its position in shares of Lindblad Expeditions Holdings Inc. (NASDAQ:LIND) by 21.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 249,589 shares of the company’s stock after purchasing an additional 43,566 shares during the period. Nationwide Fund Advisors owned approximately 0.55% of Lindblad Expeditions worth $2,671,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in LIND. Vanguard Group Inc. lifted its holdings in Lindblad Expeditions by 1.0% during the 1st quarter. Vanguard Group Inc. now owns 852,998 shares of the company’s stock worth $7,643,000 after purchasing an additional 8,224 shares during the last quarter. Geode Capital Management LLC lifted its holdings in Lindblad Expeditions by 4.9% during the 1st quarter. Geode Capital Management LLC now owns 162,053 shares of the company’s stock worth $1,451,000 after purchasing an additional 7,501 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in Lindblad Expeditions by 52.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 152,117 shares of the company’s stock worth $1,363,000 after purchasing an additional 52,593 shares during the last quarter. Bank of America Corp DE lifted its holdings in Lindblad Expeditions by 120.9% during the 1st quarter. Bank of America Corp DE now owns 18,684 shares of the company’s stock worth $167,000 after purchasing an additional 10,225 shares during the last quarter. Finally, Russell Investments Group Ltd. lifted its holdings in Lindblad Expeditions by 8.0% during the 2nd quarter. Russell Investments Group Ltd. now owns 203,056 shares of the company’s stock worth $2,132,000 after purchasing an additional 15,056 shares during the last quarter. 49.03% of the stock is owned by institutional investors and hedge funds.

Several analysts recently weighed in on the company. Zacks Investment Research cut Lindblad Expeditions from a “hold” rating to a “sell” rating in a report on Thursday, December 28th. TheStreet cut Lindblad Expeditions from a “b-” rating to a “c” rating in a report on Wednesday, December 27th. Finally, BidaskClub cut Lindblad Expeditions from a “sell” rating to a “strong sell” rating in a report on Wednesday, December 20th. Two analysts have rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $11.25.

Shares of Lindblad Expeditions Holdings Inc. (NASDAQ:LIND) traded up $0.06 during midday trading on Thursday, reaching $9.82. The company’s stock had a trading volume of 113,740 shares, compared to its average volume of 81,868. The firm has a market cap of $443.43, a PE ratio of -327.33 and a beta of 0.58. 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 52-week low of $8.38 and a 52-week high of $11.26.

In related news, Director John M. Fahey, Jr. acquired 3,000 shares of the company’s stock in a transaction on Tuesday, December 19th. The stock was purchased at an average cost of $9.80 per share, with a total value of $29,400.00. Following the acquisition, the director now directly owns 34,958 shares of the company’s stock, valued at $342,588.40. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 50.10% of the stock is owned by insiders.

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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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