Lakeland Financial CorpLKFN
Market Cap: $1.65B
About: Lakeland Financial Corp is a bank holding company. It provides commercial, retail, wealth advisory, and investment management services. Lakeland offers a broad range of products and services throughout its Northern and Central Indiana markets. The company offers commercial and consumer banking services, as well as trust and wealth management, brokerage, and treasury management commercial services. It serves a wide variety of industries including, among others, commercial real estate, manufacturing, agriculture, construction, retail, wholesale, finance and insurance, accommodation and food services, and healthcare.
Employees: 655
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
168% more call options, than puts
Call options by funds: $166K | Put options by funds: $62K
50% more funds holding in top 10
Funds holding in top 10: 2 [Q1] → 3 (+1) [Q2]
4% more repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 75
0.57% more ownership
Funds ownership: 82.62% [Q1] → 83.19% (+0.57%) [Q2]
2% less funds holding
Funds holding: 222 [Q1] → 217 (-5) [Q2]
8% less capital invested
Capital invested by funds: $1.42B [Q1] → $1.3B (-$117M) [Q2]
19% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 26
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Keefe, Bruyette & Woods Damon Delmonte 43% 1-year accuracy 6 / 14 met price target | 0%upside $65 | Market Perform Maintained | 29 Jul 2024 |