Lincoln Educational Services Corporation $LINC Stock Holdings Lessened by Punch & Associates Investment Management Inc.

Key Points

• Punch & Associates Investment Management Inc. reduced its stake in Lincoln Educational Services by 43.0%, selling 368,000 shares, and now holds approximately 1.55% of the company worth $7,757,000.
• Multiple hedge funds have increased their positions in Lincoln Educational Services, with 72.23% of the stock currently owned by institutional investors.
• Research analysts have positively rated Lincoln Educational Services, with ratings ranging from "Strong Buy" to "Buy" and a new average price target of $25.00.

Punch & Associates Investment Management Inc. decreased its holdings in Lincoln Educational Services Corporation (NASDAQ:LINC - Free Report) by 43.0% during the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 488,800 shares of the company's stock after selling 368,000 shares during the period. Punch & Associates Investment Management Inc. owned approximately 1.55% of Lincoln Educational Services worth $7,757,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. McIlrath & Eck LLC increased its position in shares of Lincoln Educational Services by 156.4% in the fourth quarter. McIlrath & Eck LLC now owns 2,267 shares of the company's stock worth $36,000 after acquiring an additional 1,383 shares in the last quarter. Morse Asset Management Inc acquired a new stake in Lincoln Educational Services in the 4th quarter valued at $101,000. Parallel Advisors LLC raised its position in Lincoln Educational Services by 20.3% in the first quarter. Parallel Advisors LLC now owns 8,878 shares of the company's stock valued at $141,000 after purchasing an additional 1,500 shares during the period. Price T Rowe Associates Inc. MD acquired a new position in shares of Lincoln Educational Services during the fourth quarter worth about $171,000. Finally, GAMMA Investing LLC lifted its stake in shares of Lincoln Educational Services by 1,952.6% during the first quarter. GAMMA Investing LLC now owns 11,823 shares of the company's stock worth $188,000 after purchasing an additional 11,247 shares in the last quarter. 72.23% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages recently commented on LINC. Barrington Research raised their target price on Lincoln Educational Services from $22.00 to $25.00 and gave the company an "outperform" rating in a report on Monday, May 12th. B. Riley reissued a "buy" rating on shares of Lincoln Educational Services in a research report on Tuesday, May 13th. Lake Street Capital upped their target price on shares of Lincoln Educational Services from $21.00 to $26.00 and gave the company a "buy" rating in a research note on Tuesday, May 13th. Rosenblatt Securities lifted 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, Zacks Research upgraded shares of Lincoln Educational Services to a "hold" rating in a report on Friday, August 8th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Buy" and a consensus price target of $25.00.

Lincoln Educational Services Stock Down 0.9%

Shares of LINC stock traded down $0.17 during trading hours on Tuesday, hitting $19.41. 267,285 shares of the company were exchanged, compared to its average volume of 415,756. The stock has a market capitalization of $613.71 million, a price-to-earnings ratio of 42.20, a P/E/G ratio of 1.73 and a beta of 1.31. Lincoln Educational Services Corporation has a one year low of $11.43 and a one year high of $25.76. The business's 50-day simple moving average is $21.37 and its two-hundred day simple moving average is $19.81. 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 - Get Free Report) last announced its quarterly earnings data on Monday, August 11th. The company reported $0.09 earnings per share (EPS) for the quarter, beating the consensus estimate 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 for the quarter, compared to analysts' expectations of $113.96 million. Lincoln Educational Services has set its FY 2025 guidance at EPS. FY 2027 guidance at EPS. Sell-side analysts predict that Lincoln Educational Services Corporation will post 0.54 EPS for the current fiscal year.

Lincoln Educational Services 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.