Quantbot Technologies LP Purchases 6,071 Shares of Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND)

Quantbot Technologies LP grew its position in shares of Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) by 307.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,044 shares of the company’s stock after acquiring an additional 6,071 shares during the quarter. Quantbot Technologies LP’s holdings in Lindblad Expeditions were worth $74,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. raised its holdings in Lindblad Expeditions by 1.6% during the first quarter. Vanguard Group Inc. now owns 1,999,062 shares of the company’s stock worth $18,651,000 after buying an additional 31,921 shares during the last quarter. Price T Rowe Associates Inc. MD acquired a new position in Lindblad Expeditions during the 1st quarter valued at about $95,000. Hedges Asset Management LLC boosted its stake in Lindblad Expeditions by 24.9% during the 2nd quarter. Hedges Asset Management LLC now owns 195,500 shares of the company’s stock valued at $1,887,000 after purchasing an additional 39,000 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in Lindblad Expeditions by 5.0% during the 2nd quarter. Bank of New York Mellon Corp now owns 115,944 shares of the company’s stock worth $1,119,000 after purchasing an additional 5,569 shares in the last quarter. Finally, Panagora Asset Management Inc. raised its stake in shares of Lindblad Expeditions by 116.6% in the second quarter. Panagora Asset Management Inc. now owns 123,702 shares of the company’s stock worth $1,194,000 after purchasing an additional 66,595 shares during the last quarter. 75.94% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

LIND has been the subject of several recent research reports. StockNews.com upgraded Lindblad Expeditions from a “hold” rating to a “buy” rating in a report on Wednesday, November 6th. Craig Hallum upped their target price on shares of Lindblad Expeditions from $12.00 to $16.00 and gave the stock a “buy” rating in a research note on Wednesday, November 6th. Stifel Nicolaus dropped their price target on shares of Lindblad Expeditions from $16.00 to $15.00 and set a “buy” rating on the stock in a research report on Friday, August 9th. Finally, B. Riley upped their price objective on shares of Lindblad Expeditions from $15.00 to $16.00 and gave the stock a “buy” rating in a research report on Friday, August 23rd. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $14.25.

Lindblad Expeditions Stock Performance

Shares of NASDAQ:LIND opened at $13.48 on Friday. Lindblad Expeditions Holdings, Inc. has a fifty-two week low of $6.35 and a fifty-two week high of $14.34. The company’s 50-day moving average is $11.25 and its 200 day moving average is $9.70. The company has a market capitalization of $734.66 million, a P/E ratio of -17.97 and a beta of 3.11.

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.