Alliancebernstein L.P. Decreases Stock Position in Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND)

Alliancebernstein L.P. lessened its stake in shares of Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) by 13.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 38,180 shares of the company’s stock after selling 6,130 shares during the quarter. Alliancebernstein L.P. owned about 0.07% of Lindblad Expeditions worth $453,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Principal Financial Group Inc. lifted its position in Lindblad Expeditions by 1.6% during the third quarter. Principal Financial Group Inc. now owns 1,688,549 shares of the company’s stock worth $15,619,000 after buying an additional 26,647 shares during the period. Black Diamond Financial LLC boosted its position in Lindblad Expeditions by 4.0% in the 4th quarter. Black Diamond Financial LLC now owns 940,912 shares of the company’s stock valued at $11,159,000 after buying an additional 36,460 shares during the last quarter. Geode Capital Management LLC increased its position in shares of Lindblad Expeditions by 1.3% during the third quarter. Geode Capital Management LLC now owns 852,669 shares of the company’s stock worth $7,889,000 after acquiring an additional 11,029 shares during the last quarter. Franklin Resources Inc. boosted its holdings in Lindblad Expeditions by 0.4% in the third quarter. Franklin Resources Inc. now owns 818,963 shares of the company’s stock valued at $7,903,000 after purchasing an additional 3,016 shares during the last quarter. Finally, State Street Corp boosted its holdings in Lindblad Expeditions by 0.6% in the third quarter. State Street Corp now owns 790,874 shares of the company’s stock valued at $7,316,000 after purchasing an additional 4,552 shares during the last quarter. Hedge funds and other institutional investors own 75.94% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered Lindblad Expeditions from a “buy” rating to a “hold” rating in a research report on Monday, March 3rd.

Lindblad Expeditions Stock Up 0.8 %

NASDAQ:LIND opened at $7.98 on Monday. Lindblad Expeditions Holdings, Inc. has a 52 week low of $6.35 and a 52 week high of $14.34. The company has a market cap of $435.60 million, a PE ratio of -10.64 and a beta of 2.87. The business’s 50 day moving average is $10.10 and its two-hundred day moving average is $11.18.

Lindblad Expeditions Profile

Lindblad Expeditions Holdings, Inc provides marine expedition adventures and travel experience worldwide. It operates through Lindblad and Land Experiences segment. Lindblad segment provides ship-based expeditions aboard customized, nimble, and intimately-scaled vessels, which offers up-close experiences in the planet's wild and remote places, and capitals of culture; and offers expedition ship which is equipped with state-of-the-art tools for in-depth exploration with infrastructure and ports, such as Antarctica and the Arctic, and places that accessed by a ship comprising Galápagos Islands, Alaska, Baja California's Sea of Cortez and Panama, and foster engagement activities.