Lincoln Educational Services Corporation $LINC Position Lowered by Invesco Ltd.

Invesco Ltd. reduced its position in Lincoln Educational Services Corporation (NASDAQ:LINC) by 28.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 211,135 shares of the company’s stock after selling 83,897 shares during the quarter. Invesco Ltd. owned approximately 0.67% of Lincoln Educational Services worth $3,351,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. raised its holdings in shares of Lincoln Educational Services by 5.4% during the first quarter. Vanguard Group Inc. now owns 1,494,714 shares of the company’s stock worth $23,721,000 after purchasing an additional 75,989 shares during the period. Alyeska Investment Group L.P. grew its position in shares of Lincoln Educational Services by 43.1% during the 4th quarter. Alyeska Investment Group L.P. now owns 1,123,143 shares of the company’s stock valued at $17,768,000 after buying an additional 338,495 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in Lincoln Educational Services by 5.0% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,071,560 shares of the company’s stock worth $16,952,000 after acquiring an additional 51,430 shares during the period. Needham Investment Management LLC lifted its holdings in Lincoln Educational Services by 0.8% in the fourth quarter. Needham Investment Management LLC now owns 605,000 shares of the company’s stock worth $9,571,000 after acquiring an additional 5,000 shares during the last quarter. Finally, Northern Trust Corp lifted its holdings in shares of Lincoln Educational Services by 6.7% in the 4th quarter. Northern Trust Corp now owns 236,988 shares of the company’s stock worth $3,749,000 after purchasing an additional 14,877 shares during the last quarter. Institutional investors and hedge funds own 72.23% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have issued reports on LINC. B. Riley reissued a “buy” rating on shares of Lincoln Educational Services in a research note on Tuesday, May 13th. Zacks Research raised Lincoln Educational Services to a “hold” rating in a report on Friday, August 8th. Lake Street Capital raised their target price on Lincoln Educational Services from $21.00 to $26.00 and gave the company a “buy” rating in a research report on Tuesday, May 13th. Barrington Research boosted their price target on Lincoln Educational Services from $22.00 to $25.00 and gave the stock an “outperform” rating in a research report on Monday, May 12th. Finally, Rosenblatt Securities increased their price target on Lincoln Educational Services from $25.00 to $27.00 and gave the stock a “buy” rating in a research note on Tuesday, August 12th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $25.00.

Lincoln Educational Services Price Performance

NASDAQ LINC opened at $18.81 on Friday. Lincoln Educational Services Corporation has a 1 year low of $11.38 and a 1 year high of $25.76. The business’s fifty day moving average is $21.90 and its two-hundred day moving average is $19.70. The stock has a market capitalization of $594.77 million, a P/E ratio of 40.89, a P/E/G ratio of 1.69 and a beta of 1.50. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.85 and a current ratio of 0.90.

Lincoln Educational Services (NASDAQ:LINC) last issued its earnings results on Monday, August 11th. The company reported $0.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.04 by $0.05. Lincoln Educational Services had a return on equity of 11.20% and a net margin of 3.05%.The business had revenue of $116.47 million for the quarter, compared to analysts’ expectations of $113.96 million. Lincoln Educational Services has set its FY 2025 guidance at EPS. FY 2027 guidance at EPS. On average, research analysts forecast that Lincoln Educational Services Corporation will post 0.54 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Lincoln Educational Services news, COO Chad D. Nyce sold 6,200 shares of the company’s stock in a transaction dated Friday, June 6th. The shares were sold at an average price of $22.93, for a total transaction of $142,166.00. Following the completion of the sale, the chief operating officer directly owned 170,209 shares of the company’s stock, valued at approximately $3,902,892.37. This represents a 3.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 13.60% of the company’s stock.

About Lincoln Educational Services

Lincoln Educational Services Corporation, together with its subsidiaries, provides various career-oriented post-secondary education services to high school graduates and working adults in the United States. The company operates in two segments, Campus Operations and Transitional. It offers associate's degree, and diploma and certificate programs in automotive technology; skilled trades programs, including electrical, heating and air conditioning repair, welding, computerized numerical control, and electrical and electronic systems technology; health science programs comprising licensed practical nurse, registered nurse, dental assistant, medical assistant, medical administrative assistant, and claims examiner; hospitality service and information technology programs, such as culinary, therapeutic massage, cosmetology, aesthetics, and computer systems support technicians.