American Century Companies Inc. Acquires 51,650 Shares of Lincoln Educational Services Corporation $LINC

American Century Companies Inc. grew its holdings in shares of Lincoln Educational Services Corporation (NASDAQ:LINC - Free Report) by 109.0% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 99,054 shares of the company's stock after buying an additional 51,650 shares during the period. American Century Companies Inc. owned 0.31% of Lincoln Educational Services worth $1,572,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the business. Mackenzie Financial Corp purchased a new stake in Lincoln Educational Services during the 1st quarter valued at about $1,421,000. Vanguard Group Inc. grew its position in Lincoln Educational Services by 5.4% during the 1st 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 during the last quarter. Pullen Investment Management LLC grew its position in Lincoln Educational Services by 45.7% during the 4th 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 during the last quarter. Dimensional Fund Advisors LP grew its position in Lincoln Educational Services by 5.0% during the 4th 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 during the last quarter. Finally, Nuveen LLC purchased a new stake in Lincoln Educational Services during the 1st quarter valued at about $702,000. Institutional investors own 72.23% of the company's stock.

Lincoln Educational Services Stock Performance

Shares of NASDAQ LINC traded down $0.09 during trading on Friday, reaching $19.38. 239,656 shares of the company traded hands, compared to its average volume of 482,181. The firm has a 50 day simple moving average of $21.52 and a 200-day simple moving average of $19.79. The company has a quick ratio of 0.85, a current ratio of 0.90 and a debt-to-equity ratio of 0.24. The stock has a market capitalization of $612.80 million, a PE ratio of 42.13, a P/E/G ratio of 1.71 and a beta of 1.31. Lincoln Educational Services Corporation has a 52-week low of $11.38 and a 52-week high of $25.76.

Lincoln Educational Services (NASDAQ:LINC - Get Free Report) last announced its quarterly earnings results on Monday, August 11th. The company reported $0.09 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.04 by $0.05. The firm had revenue of $116.47 million for 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. Equities research analysts anticipate that Lincoln Educational Services Corporation will post 0.54 earnings per share for the current year.

Analysts Set New Price Targets

LINC has been the topic of several recent analyst reports. Zacks Research raised shares of Lincoln Educational Services to a "hold" rating in a research report on Friday, August 8th. Lake Street Capital increased their price objective on shares of Lincoln Educational Services from $21.00 to $26.00 and gave the company a "buy" rating in a research report on Tuesday, May 13th. B. Riley reissued a "buy" rating on shares of Lincoln Educational Services in a research report on Tuesday, May 13th. Rosenblatt Securities raised their price target on shares of Lincoln Educational Services from $25.00 to $27.00 and gave the company a "buy" rating in a report on Tuesday, August 12th. Finally, Barrington Research raised their price target on shares of Lincoln Educational Services from $22.00 to $25.00 and gave the company an "outperform" rating in a report on Monday, May 12th. One equities research 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, Lincoln Educational Services presently 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.