JPMorgan Chase & Co. Sells 210,901 Shares of Lincoln National Corporation $LNC

JPMorgan Chase & Co. significantly reduced its stake in Lincoln National Corporation by selling 210,901 shares, cutting its holdings by 50.5% and now owning approximately 0.11% of the company. However, other institutional investors like Vanguard Group Inc. and National Life Insurance increased their positions. Lincoln National recently surpassed quarterly EPS estimates, offers a dividend yield of 5.3%, and generally holds a “Hold” rating from analysts with an average target price of $45.38.