Charles Schwab Investment Management Inc. Buys 3,087 Shares of Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND)

Charles Schwab Investment Management Inc. increased its stake in Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) by 1.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 295,786 shares of the company’s stock after acquiring an additional 3,087 shares during the period. Charles Schwab Investment Management Inc.’s holdings in Lindblad Expeditions were worth $2,736,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Connor Clark & Lunn Investment Management Ltd. raised its position in Lindblad Expeditions by 104.6% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 292,292 shares of the company’s stock valued at $2,704,000 after purchasing an additional 149,409 shares during the last quarter. Quest Partners LLC raised its position in Lindblad Expeditions by 1,139.4% during the 3rd quarter. Quest Partners LLC now owns 60,880 shares of the company’s stock valued at $563,000 after purchasing an additional 55,968 shares during the last quarter. Assetmark Inc. raised its position in Lindblad Expeditions by 49.6% during the 3rd quarter. Assetmark Inc. now owns 5,191 shares of the company’s stock valued at $48,000 after purchasing an additional 1,722 shares during the last quarter. Principal Financial Group Inc. raised its position in Lindblad Expeditions by 1.6% during the 3rd quarter. Principal Financial Group Inc. now owns 1,688,549 shares of the company’s stock valued at $15,619,000 after purchasing an additional 26,647 shares during the last quarter. Finally, Pinnacle Associates Ltd. raised its position in Lindblad Expeditions by 1.1% during the 3rd quarter. Pinnacle Associates Ltd. now owns 602,015 shares of the company’s stock valued at $5,569,000 after purchasing an additional 6,267 shares during the last quarter. Institutional investors own 75.94% of the company’s stock.

Lindblad Expeditions Stock Performance

Shares of Lindblad Expeditions stock opened at $11.76 on Monday. Lindblad Expeditions Holdings, Inc. has a one year low of $6.35 and a one year high of $14.34. The stock’s fifty day moving average is $11.54 and its 200 day moving average is $9.86. The stock has a market cap of $640.92 million, a P/E ratio of -15.68 and a beta of 3.11.

Analyst Ratings Changes

LIND has been the subject of several research reports. Craig Hallum increased their target price on Lindblad Expeditions from $12.00 to $16.00 and gave the stock a “buy” rating in a research report on Wednesday, November 6th. B. Riley increased their target price on Lindblad Expeditions from $15.00 to $16.00 and gave the stock a “buy” rating in a research report on Friday, August 23rd. Finally, StockNews.com raised Lindblad Expeditions from a “hold” rating to a “buy” rating in a research report on Wednesday, November 6th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $14.25.

Lindblad Expeditions Company 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.