EPS for Arconic (ARNC) Expected At $0.27, Shorts at Lincoln National (LNC) Raised By 9.29%

July 17, 2017 - By Nellie Frank

Analysts expect Arconic Inc (NYSE:ARNC) to report $0.27 EPS on July, 24 before the open.They anticipate $0.18 EPS change or 40.00% from last quarter’s $0.45 EPS. ARNC’s profit would be $118.78 million giving it 22.58 P/E if the $0.27 EPS is correct. After having $0.33 EPS previously, Arconic Inc’s analysts see -18.18% EPS growth. The stock decreased 0.29% or $0.07 on July 14, reaching $24.39. About shares traded. Arconic Inc (NYSE:ARNC) has risen 34.47% since July 17, 2016 and is uptrending. It has outperformed by 17.77% the S&P500.

Lincoln National Corporation (NYSE:LNC) had an increase of 9.29% in short interest. LNC’s SI was 4.76 million shares in July as released by FINRA. Its up 9.29% from 4.36M shares previously. With 1.65 million avg volume, 3 days are for Lincoln National Corporation (NYSE:LNC)’s short sellers to cover LNC’s short positions. The SI to Lincoln National Corporation’s float is 2.12%. The stock decreased 0.61% or $0.44 on July 14, reaching $71.34. About shares traded. Lincoln National Corporation (NYSE:LNC) has risen 47.27% since July 17, 2016 and is uptrending. It has outperformed by 30.57% the S&P500.

Among 4 analysts covering Arconic (NYSE:ARNC), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Arconic had 5 analyst reports since December 8, 2016 according to SRatingsIntel. Cowen & Co maintained the shares of ARNC in report on Thursday, March 30 with “Market Perform” rating. Cowen & Co maintained Arconic Inc (NYSE:ARNC) rating on Monday, June 26. Cowen & Co has “Hold” rating and $25 target. On Thursday, July 13 the stock rating was upgraded by Seaport Global to “Buy”. The firm has “Buy” rating by Argus Research given on Thursday, December 8. The stock has “Neutral” rating by Longbow on Friday, March 31.

Arconic Inc., formerly Alcoa Inc., is engaged in lightweight metals engineering and manufacturing. The company has market cap of $10.73 billion. The Firm operates through three divisions: Global Rolled Products, Engineered Products and Solutions, and Transportation and Construction Solutions. It currently has negative earnings. The Company’s multi-material products, which include aluminum, titanium and nickel, are used around the world in markets, such as aerospace, automotive, commercial transportation and packaging.

Lincoln National Corporation is a holding company, which operates insurance and retirement businesses through subsidiary companies. The company has market cap of $15.90 billion. The Firm sells a range of wealth protection, accumulation and retirement income products and solutions, through its business divisions. It has a 11.71 P/E ratio. The Firm operates through four divisions: Annuities segment, which offers fixed and variable annuities; Retirement Plan Services segment, which provides employers with retirement plan services and products; Life Insurance segment, which focuses on the creation and protection of wealth through life insurance products, and Group Protection, which offers principally group non-medical insurance products.

Among 14 analysts covering Lincoln National (NYSE:LNC), 7 have Buy rating, 0 Sell and 7 Hold. Therefore 50% are positive. Lincoln National had 33 analyst reports since August 4, 2015 according to SRatingsIntel. Raymond James upgraded the stock to “Strong Buy” rating in Friday, January 22 report. Morgan Stanley downgraded Lincoln National Corporation (NYSE:LNC) on Wednesday, December 14 to “Equal-Weight” rating. Goldman Sachs downgraded Lincoln National Corporation (NYSE:LNC) rating on Friday, July 15. Goldman Sachs has “Neutral” rating and $46 target. Wells Fargo maintained the stock with “Hold” rating in Thursday, June 8 report. FBR Capital maintained it with “Mkt Perform” rating and $63 target in Monday, November 28 report. The firm earned “Market Perform” rating on Friday, September 23 by Wells Fargo. Bank of America upgraded Lincoln National Corporation (NYSE:LNC) on Thursday, April 6 to “Buy” rating. The stock of Lincoln National Corporation (NYSE:LNC) earned “Neutral” rating by Citigroup on Wednesday, April 6. The rating was downgraded by Macquarie Research on Thursday, April 14 to “Neutral”. On Friday, December 9 the stock rating was upgraded by RBC Capital Markets to “Outperform”.

Investors sentiment increased to 0.94 in 2016 Q4. Its up 0.12, from 0.82 in 2016Q3. It improved, as 38 investors sold Lincoln National Corporation shares while 223 reduced holdings. 97 funds opened positions while 149 raised stakes. 177.25 million shares or 1.59% more from 174.48 million shares in 2016Q3 were reported. Blackrock Japan Ltd holds 339,924 shares or 0.07% of its portfolio. Bluecrest Mgmt has 0.36% invested in Lincoln National Corporation (NYSE:LNC) for 98,070 shares. Principal Fincl Group has 477,351 shares for 0.04% of their portfolio. Cornerstone Cap Holdg Limited Company holds 453,439 shares or 0.23% of its portfolio. The Germany-based Deutsche Bank & Trust Ag has invested 0.06% in Lincoln National Corporation (NYSE:LNC). Assetmark stated it has 1,938 shares or 0% of all its holdings. Lombard Odier Asset Mngmt (Europe) reported 0.09% of its portfolio in Lincoln National Corporation (NYSE:LNC). Deroy And Devereaux Private Investment Counsel holds 34,850 shares. Johnson Group Inc Inc, Wisconsin-based fund reported 162 shares. The Minnesota-based Leuthold Gru Ltd Liability has invested 0.55% in Lincoln National Corporation (NYSE:LNC). Nomura Asset Management Ltd stated it has 33,035 shares or 0.04% of all its holdings. Employees Retirement Of Texas has invested 0.01% in Lincoln National Corporation (NYSE:LNC). Gemmer Asset Management Limited Liability invested 0.01% in Lincoln National Corporation (NYSE:LNC). Paloma Prns reported 32,714 shares. Savant Capital Limited Co owns 6,780 shares.

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