Deutsche Bank AG Raises Stock Position in Lincoln Educational Services Corporation $LINC

Deutsche Bank AG boosted its holdings in Lincoln Educational Services Corporation (NASDAQ:LINC) by 65.3% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 12,085 shares of the company’s stock after buying an additional 4,772 shares during the period. Deutsche Bank AG’s holdings in Lincoln Educational Services were worth $192,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of LINC. Alyeska Investment Group L.P. grew its position in shares of Lincoln Educational Services by 43.1% during the fourth quarter. Alyeska Investment Group L.P. now owns 1,123,143 shares of the company’s stock valued at $17,768,000 after purchasing an additional 338,495 shares in the last quarter. Mackenzie Financial Corp purchased a new position in shares of Lincoln Educational Services during the first quarter valued at about $1,421,000. Vanguard Group Inc. grew its position 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 valued at $23,721,000 after purchasing an additional 75,989 shares in the last quarter. Pullen Investment Management LLC grew its position in shares of Lincoln Educational Services by 45.7% during the fourth quarter. Pullen Investment Management LLC now owns 209,755 shares of the company’s stock valued at $3,318,000 after purchasing an additional 65,805 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its position in shares of 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 valued at $16,952,000 after purchasing an additional 51,430 shares in the last quarter. Hedge funds and other institutional investors own 72.23% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the company. B. Riley reiterated a “buy” rating on shares of Lincoln Educational Services in a research report on Tuesday, May 13th. Zacks Research upgraded Lincoln Educational Services to a “hold” rating in a research report on Friday, August 8th. Rosenblatt Securities lifted their price target on Lincoln Educational Services from $25.00 to $27.00 and gave the stock a “buy” rating in a research report on Tuesday, August 12th. Lake Street Capital lifted their price target on Lincoln Educational Services from $21.00 to $26.00 and gave the stock a “buy” rating in a research report on Tuesday, May 13th. Finally, Barrington Research lifted 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. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $25.00.

Lincoln Educational Services Stock Down 1.6%

Shares of NASDAQ LINC opened at $18.81 on Friday. The firm has a 50-day simple moving average of $21.90 and a two-hundred day simple moving average of $19.72. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.90 and a quick ratio of 0.85. Lincoln Educational Services Corporation has a 1 year low of $11.38 and a 1 year high of $25.76. The company has a market cap of $594.77 million, a P/E ratio of 40.89, a PEG ratio of 1.66 and a beta of 1.50.

Lincoln Educational Services (NASDAQ:LINC) last posted its quarterly earnings results on Monday, August 11th. The company reported $0.09 earnings per share for the quarter, beating the consensus estimate of $0.04 by $0.05. The firm had revenue of $116.47 million during the quarter, compared to the consensus estimate of $113.96 million. Lincoln Educational Services had a net margin of 3.05% and a return on equity of 11.20%. Lincoln Educational Services has set its FY 2025 guidance at EPS. FY 2027 guidance at EPS. Research analysts anticipate that Lincoln Educational Services Corporation will post 0.54 earnings per share for the current year.

Insider Transactions at Lincoln Educational Services

In related news, COO Chad D. Nyce sold 6,200 shares of Lincoln Educational Services stock in a transaction that occurred on Friday, June 6th. The shares were sold at an average price of $22.93, for a total transaction of $142,166.00. Following the transaction, the chief operating officer directly owned 170,209 shares of the company’s stock, valued at $3,902,892.37. This trade represents a 3.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. 13.60% of the stock is currently owned by insiders.

Lincoln Educational Services Company Profile

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.