Vanguard Group Inc. Raises Holdings in Lincoln Educational Services Corporation $LINC

Key Points

• Vanguard Group Inc. increased its stake in Lincoln Educational Services by 5.4% to approximately 1.49 million shares, worth $23.7 million, as reported in its recent SEC filing.
• Several research analysts have upgraded their price targets for Lincoln Educational Services, with an average target price now set at $25.00 and a consensus rating of "Buy."
• Insider trading activity includes COO Chad D. Nyce selling 6,200 shares at an average price of $22.93, decreasing his ownership by 3.51%.

Vanguard Group Inc. grew its position in Lincoln Educational Services Corporation (NASDAQ:LINC - Free Report) by 5.4% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,494,714 shares of the company's stock after purchasing an additional 75,989 shares during the period. Vanguard Group Inc. owned approximately 4.73% of Lincoln Educational Services worth $23,721,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of LINC. Wells Fargo & Company MN increased its holdings in shares of Lincoln Educational Services by 27.8% in the fourth quarter. Wells Fargo & Company MN now owns 15,326 shares of the company's stock valued at $242,000 after purchasing an additional 3,338 shares during the period. Barclays PLC increased its holdings in shares of Lincoln Educational Services by 14.8% in the fourth quarter. Barclays PLC now owns 39,270 shares of the company's stock valued at $622,000 after purchasing an additional 5,050 shares during the period. Dimensional Fund Advisors LP grew its holdings in Lincoln Educational Services by 5.0% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,071,560 shares of the company's stock worth $16,952,000 after acquiring an additional 51,430 shares during the period. MetLife Investment Management LLC grew its holdings in Lincoln Educational Services by 13.7% in the fourth quarter. MetLife Investment Management LLC now owns 15,456 shares of the company's stock valued at $245,000 after purchasing an additional 1,859 shares during the period. Finally, Price T Rowe Associates Inc. MD acquired a new stake in Lincoln Educational Services in the fourth quarter valued at approximately $171,000. 72.23% of the stock is owned by institutional investors and hedge funds.

Lincoln Educational Services Trading Up 1.6%

Lincoln Educational Services stock traded up $0.30 during trading on Wednesday, reaching $19.33. 26,305 shares of the company were exchanged, compared to its average volume of 270,197. Lincoln Educational Services Corporation has a 52-week low of $11.38 and a 52-week high of $25.76. The company has a market capitalization of $611.06 million, a P/E ratio of 42.01, a PEG ratio of 1.66 and a beta of 1.31. 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 stock's 50 day simple moving average is $21.74 and its two-hundred day simple moving average is $19.74.

Lincoln Educational Services (NASDAQ:LINC - Get Free Report) last announced its quarterly earnings results on Monday, August 11th. The company reported $0.09 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 business had revenue of $116.47 million for 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. On average, equities research analysts expect that Lincoln Educational Services Corporation will post 0.54 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have commented on LINC. Zacks Research raised Lincoln Educational Services to a "hold" rating in a report on Friday, August 8th. B. Riley reissued a "buy" rating on shares of Lincoln Educational Services in a report on Tuesday, May 13th. Rosenblatt Securities raised their price objective on Lincoln Educational Services from $25.00 to $27.00 and gave the company a "buy" rating in a report on Tuesday, August 12th. Barrington Research raised their price objective on Lincoln Educational Services from $22.00 to $25.00 and gave the company an "outperform" rating in a report on Monday, May 12th. Finally, Lake Street Capital raised their price objective on Lincoln Educational Services from $21.00 to $26.00 and gave the company a "buy" rating in a report on Tuesday, May 13th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of "Buy" and an average price target of $25.00.

Insider Activity

In related news, COO Chad D. Nyce sold 6,200 shares of the business's stock in a transaction on Friday, June 6th. The stock was sold at an average price of $22.93, for a total value of $142,166.00. Following the sale, the chief operating officer owned 170,209 shares in the company, valued at approximately $3,902,892.37. The trade was a 3.51% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 16.80% of the company's stock.

Lincoln Educational Services Company 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.