Alyeska Investment Group L.P. Invests $6.33 Million in Lincoln International Inc. $LCLN

Key Points

• Alyeska Investment Group acquired 265,000 shares of Lincoln International, valued at approximately $6.33 million, representing about 0.76% of the company.
• Lincoln International reported quarterly EPS of $0.26, exceeding analyst estimates of $0.14, on revenue of $225.69 million.
• The company declared a quarterly dividend of $0.07 per share, while analysts maintained a consensus “Hold” rating with an average price target of $27.36.

Alyeska Investment Group L.P. bought a new stake in Lincoln International Inc. (NYSE:LCLN - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 265,000 shares of the company's stock, valued at approximately $6,326,000. Alyeska Investment Group L.P. owned about 0.76% of Lincoln International as of its most recent SEC filing.

Lincoln International Stock Performance

LCLN opened at $24.75 on Wednesday. The company's 50 day simple moving average is $23.29. Lincoln International Inc. has a 52-week low of $20.05 and a 52-week high of $26.00.

Lincoln International (NYSE:LCLN - Get Free Report) last announced its earnings results on Thursday, August 6th. The company reported $0.26 earnings per share for the quarter, beating analysts' consensus estimates of $0.14 by $0.12. The company had revenue of $225.69 million for the quarter. As a group, equities analysts anticipate that Lincoln International Inc. will post 1.4 EPS for the current year.

Lincoln International Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be given a dividend of $0.07 per share. The ex-dividend date is Tuesday, September 1st. This represents a $0.28 annualized dividend and a dividend yield of 1.1%.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the company. Citigroup assumed coverage on Lincoln International in a research note on Monday, June 15th. They set an "outperform" rating on the stock. The Goldman Sachs Group assumed coverage on Lincoln International in a report on Monday, June 15th. They set a "buy" rating and a $27.50 target price for the company. Citizens Jmp began coverage on Lincoln International in a research report on Monday, June 15th. They set a "market outperform" rating and a $30.00 price target on the stock. Evercore set a $26.00 price objective on Lincoln International in a research report on Wednesday, August 12th. Finally, Weiss Ratings started coverage on Lincoln International in a research note on Monday, August 17th. They set a "sell (e)" rating for the company. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, five have given a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Hold" and an average target price of $27.36.

Lincoln International Company Profile

We are a global independent investment banking advisory firm focused on the private capital markets. As a leader in advising private equity and private credit investors, private company business owners and other senior executives, our globally integrated platform allows us to deliver comprehensive, sector-focused advisory services to clients across key areas of the economy. Our experienced professionals provide meaningful and differentiated private capital markets expertise across our two segments, Investment Banking Advisory and Valuations and Opinions: Investment Banking Advisory Valuations and Opinions Mergers & Acquisitions Capital Advisory Private Funds Advisory Other Services •Sell-Sides •Debt Advisory •Continuation Vehicles •Strategic Consulting •Portfolio Valuations •Buy-Sides •Special Situations & •Single Asset and •Executive Peer Networks •Transaction Opinions & •Add-ons Restructuring Co-Investment Vehicles •Agency Member Network Board Advisory •Growth Capital & •Primary Funds •Disputes Advisory Minority Equity Since our founding in 1996, we have experienced significant growth achieved through investments in our talent, our platform, the complementary capabilities we offer—including our growing, recurring, and non-cyclical valuations business—and the strategic positioning of the firm.

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