Robeco increases stake in Lincoln National Corporation shares
1 report, 1 independent
Updated Sun 00:00
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What happened
Robeco Institutional Asset Management B.V. increased its stake in Lincoln National Corporation shares by 73.8% during the third quarter, according to its disclosure with the Securities and Exchange Commission. The firm acquired an additional 113,243 shares, bringing its total holdings to 266,680 shares, valued at $10,737,000.
From themarketsdaily.com
Why it matters
The increase in holdings by Robeco Institutional Asset Management B.V. is part of recent activity by several large investors in Lincoln National Corporation. Such institutional accumulation may signal positive market sentiment regarding the financial services provider.
From themarketsdaily.com
Who's involved
- Lincoln National CorporationThe financial services provider whose stock was purchased
- Securities and Exchange CommissionThe government agency to which the transaction was filed
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The entities involved
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Securities and Exchange Commission
government agency of the Philippines
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Lincoln National Corporation
American holding company
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