Uniplan Investment Counsel Inc. Sells 59,622 Shares of Lincoln Educational Services Corporation $LINC

Key Points

• Uniplan Investment Counsel Inc. has reduced its stake in Lincoln Educational Services by 11.8%, selling 59,622 shares and now owning 444,369 shares, valued at approximately $7.05 million.
• Lincoln Educational Services' shares are currently down 0.5%, trading at $19.38, with a market capitalization of $612.76 million.
• Analysts have raised price targets for Lincoln Educational Services, with a consensus average target of $25.00 and multiple firms indicating a "buy" rating for the stock.

Uniplan Investment Counsel Inc. reduced its stake in shares of Lincoln Educational Services Corporation (NASDAQ:LINC - Free Report) by 11.8% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 444,369 shares of the company's stock after selling 59,622 shares during the quarter. Uniplan Investment Counsel Inc. owned about 1.41% of Lincoln Educational Services worth $7,052,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Price T Rowe Associates Inc. MD acquired a new position in Lincoln Educational Services during the fourth quarter valued at approximately $171,000. Northern Trust Corp grew its holdings in shares of Lincoln Educational Services by 6.7% in the 4th quarter. Northern Trust Corp now owns 236,988 shares of the company's stock valued at $3,749,000 after buying an additional 14,877 shares during the period. Ameriprise Financial Inc. increased its position in shares of Lincoln Educational Services by 27.1% in the 4th quarter. Ameriprise Financial Inc. now owns 47,359 shares of the company's stock valued at $749,000 after buying an additional 10,108 shares in the last quarter. Bank of America Corp DE raised its stake in Lincoln Educational Services by 19.5% during the 4th quarter. Bank of America Corp DE now owns 42,747 shares of the company's stock worth $676,000 after buying an additional 6,962 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Lincoln Educational Services by 4.5% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,976 shares of the company's stock worth $237,000 after acquiring an additional 643 shares in the last quarter. 72.23% of the stock is currently owned by institutional investors and hedge funds.

Lincoln Educational Services Stock Down 0.5%

Shares of LINC stock opened at $19.38 on Friday. The firm's fifty day moving average price is $21.52 and its two-hundred day moving average price is $19.78. The company has a current ratio of 0.90, a quick ratio of 0.85 and a debt-to-equity ratio of 0.24. Lincoln Educational Services Corporation has a 1 year low of $11.38 and a 1 year high of $25.76. The firm has a market capitalization of $612.76 million, a P/E ratio of 42.13, 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 earnings per share for the quarter, beating the consensus estimate of $0.04 by $0.05. The company had revenue of $116.47 million during the quarter, compared to analysts' expectations of $113.96 million. Lincoln Educational Services had a return on equity of 11.20% and a net margin of 3.05%. Lincoln Educational Services has set its FY 2025 guidance at EPS. FY 2027 guidance at EPS. On average, equities analysts predict that Lincoln Educational Services Corporation will post 0.54 EPS for the current fiscal year.

Analysts Set New Price Targets

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

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