Lincoln National Corporation (LNC) continued its upward trend with the stock climbing 1.48% or $1.05 to close the day at $72.13 on active trading volume of 2.24M shares, compared to its three month average trading volume of 1.57M. The Radnor Pennsylvania 19087 based company has been outperforming the life insurance group over the past 52 weeks, with the stock gaining 117.54%, compared to the industry which has advanced 47.61% over the same period. With RSI of 67.16, the stock should still continue to rise and get closer to its one year target estimate of $73.17, making it a hold for now.
Lincoln National Corporation, through its subsidiaries, engages in multiple insurance and retirement businesses in the United States. It operates through four segments: Annuities, Retirement Plan Services, Life Insurance, and Group Protection. The company sells a range of wealth protection, accumulation, and retirement income products and solutions. Its products include fixed and indexed annuities, variable annuities, universal life insurance (UL), variable universal life insurance (VUL), linked-benefit UL, term life insurance, indexed universal life insurance, and employer-sponsored retirement plans and services, as well as group life, disability, and dental products. Lincoln National Corporation also provides various plan investment vehicles, including individual and group variable annuities, group fixed annuities, and mutual fund-based programs; single and survivorship versions of UL and VUL, including corporate-owned UL and VUL, and bank-owned UL and VUL insurance products; and group non-medical insurance products, principally term life, universal life, disability, dental, vision, accident, and critical illness insurance to the employer market place through various forms of contributory and non-contributory plans. The company distributes its products through consultants, brokers, planners, agents, financial advisors, third-party administrators, and other intermediaries. Lincoln National Corporation was founded in 1904 and is headquartered in Radnor, Pennsylvania.
Celanese Corporation (CE) fell -0.05% during last trading as the stock lost $-0.04 to finish the day at $88.38 with about 1.03M shares changing hands, compared to its three month average trading volume of 860.53K. The $12.6B market cap company, which fluctuated between $87.57 and $88.48 during the day, currently situated 56.37% above its 52 week low of $57.49 and -0.61% away from its one year high of $88.92. The RSI of 65.28 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.
Celanese Corporation, a technology and specialty materials company, manufactures and sells value-added chemicals, thermoplastic polymers, and other chemical-based products worldwide. The companys Advanced Engineered Materials segment develops, produces, and supplies specialty polymers for automotive and medical applications, as well as for use in industrial products and consumer electronics. Its Consumer Specialties segment provides cellulose acetate flakes, films, and tows for use in filtration applications; food protection ingredients, such as potassium sorbate and sorbic acid for food and beverage, and pharmaceutical industries; Sunett, a sweetener for use in various beverages, confections, and dairy products; and Qorus, a sweetener system designed for low-to no-calorie carbonated and non-carbonated beverages, flavored waters, energy drinks, and milk and dairy products. The companys Industrial Specialties segment offers vinyl acetate-based emulsions for use in paints and coatings, adhesives, construction, glass fiber, textiles, and paper applications; and ethylene vinyl acetate resins and compounds, as well as low-density polyethylene for use in flexible packaging films, lamination film products, hot melt adhesives, medical products, automotive parts, and carpeting applications. Its Acetyl Intermediates segment produces and sells acetyl products, including acetic acid, vinyl acetate monomers, acetic anhydride, and acetate esters that are used as starting materials for colorants, paints, adhesives, coatings, and pharmaceuticals. The segment also provides organic solvents and intermediates for use in pharmaceutical, agricultural, and chemical products. The company was founded in 1918 and is headquartered in Irving, Texas.
Fifth Third Bancorp (FITB) saw its value increase by 3.03% as the stock gained $0.81 to finish the day at a closing price of $27.55. The stock was lighter in trading and has fluctuated between $14.56-$27.88 per share for the past year. The shares, which traded within a range of $26.64 to $27.58 during the day, are up by 13.16% in the past three months and up by 43.26% over the past six months. It is currently trading 4.32% above its 20 day moving average and 3.19% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $27.47 a share over the next twelve months. The current relative strength index (RSI) reading is 60.4. The technical indicator lead us to believe there will be no major movement any time soon, hold.
Fifth Third Bancorp operates as a diversified financial services company in the United States. It operates through four segments: Commercial Banking, Branch Banking, Consumer Lending, and Investment Advisors. The Commercial Banking segment offers credit intermediation, cash management, and financial services; lending and depository products; and foreign exchange and international trade finance, derivatives and capital markets services, asset-based lending, real estate finance, public finance, commercial leasing, and syndicated finance for business, government, and professional customers. The Branch Banking segment provides deposit and loan products to individuals and small businesses. This segment offers checking and savings accounts, home equity loans and lines of credit, credit cards, and loans for automobiles and personal financing needs. The Consumer Lending segment engages in direct lending activities that include origination, retention, and servicing of residential mortgage and home equity loans or lines of credit; and indirect lending activities, including loans to consumers through correspondent lenders and automobile dealers. The Investment Advisors segment provides various investment alternatives for individuals, companies, and not-for-profit organizations. It offers retail brokerage services to individual clients; and broker dealer services to the institutional marketplace. This segment also provides asset management services; holistic strategies to affluent clients in wealth planning, investing, insurance, and wealth protection; and advisory services for institutional clients comprising states and municipalities. As of December 31, 2015, the company operated 1,254 full-service banking centers, including 95 Bank Mart locations, as well as 2,593 automated teller machines in 12 states throughout the Midwestern and Southeastern regions of the United States. Fifth Third Bancorp was founded in 1862 and is headquartered in Cincinnati, Ohio.