Nuveen LLC Takes Position in Lincoln Educational Services Corporation $LINC

Key Points

• Nuveen LLC acquired 44,239 shares of Lincoln Educational Services Corporation for approximately $702,000, representing about 0.14% of the company's stock as reported in their recent SEC filing.
• Multiple institutional investors have increased their stakes in Lincoln, with GAMMA Investing LLC boosting its position by 1,952.6% during the first quarter.
• Lincoln Educational Services has received a mix of ratings from analysts, with one issuing a Strong Buy rating, five giving a Buy rating, and a consensus target price currently set at $25.00.

Nuveen LLC purchased a new position in shares of Lincoln Educational Services Corporation (NASDAQ:LINC - Free Report) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 44,239 shares of the company's stock, valued at approximately $702,000. Nuveen LLC owned 0.14% of Lincoln Educational Services at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Mackenzie Financial Corp acquired a new stake in shares of Lincoln Educational Services in the first quarter worth $1,421,000. Vanguard Group Inc. raised its stake in 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. Pullen Investment Management LLC raised its stake in shares of Lincoln Educational Services by 45.7% in the 4th quarter. Pullen Investment Management LLC now owns 209,755 shares of the company's stock valued at $3,318,000 after acquiring an additional 65,805 shares during the period. Dimensional Fund Advisors LP grew its holdings in shares of Lincoln Educational Services by 5.0% in 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. Finally, Tudor Investment Corp ET AL acquired a new position in shares of Lincoln Educational Services in the fourth quarter valued at approximately $645,000. 72.23% of the stock is owned by hedge funds and other institutional investors.

Lincoln Educational Services Stock Performance

Shares of NASDAQ LINC traded up $0.35 during trading hours on Monday, reaching $19.73. The stock had a trading volume of 108,928 shares, compared to its average volume of 271,104. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.90 and a quick ratio of 0.85. The business's fifty day moving average is $21.52 and its two-hundred day moving average is $19.79. Lincoln Educational Services Corporation has a twelve month low of $11.38 and a twelve month high of $25.76. The company has a market cap of $623.86 million, a price-to-earnings ratio of 42.89, a PEG ratio of 1.71 and a beta of 1.31.

Lincoln Educational Services (NASDAQ:LINC - Get Free Report) last announced its quarterly earnings data on Monday, August 11th. The company reported $0.09 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 firm had revenue of $116.47 million during the quarter, compared to analyst estimates of $113.96 million. Lincoln Educational Services has set its FY 2025 guidance at EPS. FY 2027 guidance at EPS. As a group, research analysts expect that Lincoln Educational Services Corporation will post 0.54 EPS for the current year.

Analysts Set New Price Targets

Several brokerages have recently weighed in on LINC. Lake Street Capital boosted their price objective on shares of Lincoln Educational Services from $21.00 to $26.00 and gave the stock a "buy" rating in a research report on Tuesday, May 13th. Zacks Research raised shares of Lincoln Educational Services to a "hold" rating in a research note on Friday, August 8th. Barrington Research increased their price objective on shares of Lincoln Educational Services from $22.00 to $25.00 and gave the company 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 report on Tuesday, May 13th. Finally, Rosenblatt Securities increased their price objective on shares of Lincoln Educational Services from $25.00 to $27.00 and gave the company a "buy" rating in a research report on Tuesday, August 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 stock. According to MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus target price of $25.00.

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.