Charles Schwab Investment Management Inc. Buys 6,198 Shares of Lincoln Educational Services Corporation $LINC

Charles Schwab Investment Management Inc. grew its stake in Lincoln Educational Services Corporation (NASDAQ:LINC) by 8.5% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 79,037 shares of the company’s stock after purchasing an additional 6,198 shares during the quarter. Charles Schwab Investment Management Inc. owned about 0.25% of Lincoln Educational Services worth $1,254,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the stock. Vanguard Group Inc. raised its holdings in Lincoln Educational Services by 5.4% in the 1st 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 in the last quarter. XTX Topco Ltd bought a new position in Lincoln Educational Services in the 1st quarter worth $445,000. Mackenzie Financial Corp bought a new position in Lincoln Educational Services in the 1st quarter worth $1,421,000. Calamos Advisors LLC raised its holdings in Lincoln Educational Services by 19.4% in the 1st quarter. Calamos Advisors LLC now owns 109,369 shares of the company’s stock worth $1,736,000 after purchasing an additional 17,740 shares in the last quarter. Finally, North Star Investment Management Corp. increased its stake in shares of Lincoln Educational Services by 24.0% in the 1st quarter. North Star Investment Management Corp. now owns 106,275 shares of the company’s stock worth $1,687,000 after acquiring an additional 20,575 shares in the last quarter. 72.23% of the stock is currently owned by institutional investors.

Lincoln Educational Services Stock Performance

Shares of LINC stock opened at $18.81 on Tuesday. Lincoln Educational Services Corporation has a one year low of $11.38 and a one year high of $25.76. The company’s 50-day moving average is $21.82 and its 200 day moving average is $19.75. The company has a market capitalization of $594.77 million, a price-to-earnings ratio of 40.89, a price-to-earnings-growth ratio of 1.66 and a beta of 1.31. 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 announced its quarterly earnings data on Monday, August 11th. The company reported $0.09 EPS for the quarter, beating the consensus estimate of $0.04 by $0.05. Lincoln Educational Services had a net margin of 3.05% and a return on equity of 11.20%. The company had revenue of $116.47 million for the quarter, compared to the consensus estimate of $113.96 million. Lincoln Educational Services has set its FY 2025 guidance at EPS. FY 2027 guidance at EPS. Sell-side analysts expect that Lincoln Educational Services Corporation will post 0.54 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on LINC shares. Barrington Research increased their price target on shares of Lincoln Educational Services from $22.00 to $25.00 and gave the stock an “outperform” rating in a research note on Monday, May 12th. B. Riley reiterated a “buy” rating on shares of Lincoln Educational Services in a research note on Tuesday, May 13th. Zacks Research upgraded shares of Lincoln Educational Services to a “hold” rating in a research note on Friday, August 8th. Rosenblatt Securities increased their price target on shares of Lincoln Educational Services from $25.00 to $27.00 and gave the stock a “buy” rating in a research note on Tuesday, August 12th. Finally, Lake Street Capital increased their price target on shares of Lincoln Educational Services from $21.00 to $26.00 and gave the stock a “buy” rating in a research note on Tuesday, May 13th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Buy” and an average price target of $25.00.

Insider Buying and Selling

In related news, COO Chad D. Nyce sold 6,200 shares of the 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 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 position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 16.80% of the company’s stock.

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.