Dennis R. Glass Sells Lincoln National Corporation Stock for $2.9 Million

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Lincoln National ($NYSE:LNC) Corporation is a large financial services company that offers a variety of products, including life insurance, annuities, and retirement planning services.

Share Price

This move comes at a time when media sentiment towards Lincoln National is mostly positive. On Thursday, LINCOLN NATIONAL stock opened at $48.3 and closed at $47.8, down by 1.4% from the previous day’s closing price of $48.5. This slight dip in stock price is not indicative of any major problems at the company, and it is likely that Glass sold his shares simply to take advantage of the recent positive media attention.

VI Analysis

VI app offers a simple and easy way to analyze a company’s fundamentals. According to VI, LINCOLN NATIONAL is strong in dividend, and weak in asset, growth, profitability. LINCOLN NATIONAL is classified as ‘cow’, a type of company that has the track record of paying out consistent and sustainable dividends. This type of company may be attractive to dividend investors who are looking for a stable source of income.

However, LINCOLN NATIONAL‘s intermediate health score of 5/10 considering its cashflows and debt indicates that it may not be able to sustain future operations in times of crisis.

VI Peers

Lincoln National Corp and its competitors, AMFI Corp, Pekin Life Insurance Co, and Hanwha Life Insurance Co Ltd, are all vying for a share of the life insurance market. Each company has its own strengths and weaknesses, and it is up to the consumer to decide which one is right for them.

– AMFI Corp ($OTCPK:AFIPA)

Pekin Life Insurance Co has a market cap of 159.59M as of 2022, a Return on Equity of 24.43%. Pekin Life Insurance Company is an Illinois-domiciled life insurance company that offers a wide range of life insurance products, including whole life, term life, and universal life insurance. The company has a strong focus on the middle market, offering products that are designed to meet the needs of this underserved market. Pekin Life Insurance Company is a subsidiary of Pekin Insurance Group, Inc., a leading provider of property and casualty insurance in Illinois.

– Pekin Life Insurance Co ($OTCPK:PKIN)

As of 2022, Hanwha Life Insurance Co Ltd has a market cap of 1.6T. The company is a leading life insurance company in South Korea that offers a wide range of products and services including annuities, life insurance, health insurance, and investment products. Hanwha Life has a strong focus on customer service and satisfaction, and is dedicated to providing its customers with the best possible experience.

Summary

Lincoln National Corporation is a holding company that operates multiple insurance and investment businesses through its subsidiaries. LNC’s businesses include life insurance, annuities, group benefits, and mutual funds. LNC has a diversified business model and product mix, which provides stability and flexibility in response to changing market conditions. The company’s products are sold through a variety of channels, including independent agents, financial advisors, and direct marketing.

LNC has a proven track record of delivering shareholder value. Given its strong financial position, diversified business model, and track record of delivering shareholder value, Lincoln National Corporation is an attractive investment option for investors seeking exposure to the insurance and financial services sector.