33,479 Shares in Lincoln Educational Services Corporation $LINC Acquired by Hsbc Holdings PLC

Hsbc Holdings PLC bought a new stake in Lincoln Educational Services Corporation (NASDAQ:LINCFree Report) during the second quarter, Holdings Channel.com reports. The fund bought 33,479 shares of the company’s stock, valued at approximately $1,688,000.

Several other hedge funds have also bought and sold shares of LINC. Global Retirement Partners LLC purchased a new position in Lincoln Educational Services in the 2nd quarter worth approximately $32,000. Royal Bank of Canada raised its position in shares of Lincoln Educational Services by 246.7% during the 4th quarter. Royal Bank of Canada now owns 1,536 shares of the company’s stock valued at $38,000 after buying an additional 1,093 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in shares of Lincoln Educational Services during the 2nd quarter valued at $40,000. Strs Ohio purchased a new position in Lincoln Educational Services in the first quarter worth $48,000. Finally, EverSource Wealth Advisors LLC grew its position in Lincoln Educational Services by 383.3% in the first quarter. EverSource Wealth Advisors LLC now owns 2,436 shares of the company’s stock worth $99,000 after acquiring an additional 1,932 shares in the last quarter. 72.23% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research analysts recently commented on the company. Weiss Ratings cut Lincoln Educational Services from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, August 3rd. Barrington Research set a $50.00 price target on Lincoln Educational Services in a research note on Monday, August 10th. Rosenblatt Securities reduced their price objective on Lincoln Educational Services from $60.00 to $50.00 and set a “buy” rating on the stock in a research report on Tuesday, August 11th. Lake Street Capital decreased their price objective on Lincoln Educational Services from $55.00 to $50.00 and set a “buy” rating on the stock in a report on Tuesday, August 11th. Finally, Northland Securities set a $60.00 target price on Lincoln Educational Services in a research report on Thursday, May 28th. Four equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $50.67.

Read Our Latest Analysis on LINC

Insider Buying and Selling at Lincoln Educational Services

In other news, Director Kevin M. Carney sold 3,000 shares of the business’s stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $48.00, for a total transaction of $144,000.00. Following the sale, the director owned 25,039 shares in the company, valued at approximately $1,201,872. The trade was a 10.70% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP Alexandra M. Luster sold 18,007 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $44.64, for a total transaction of $803,832.48. Following the transaction, the senior vice president directly owned 82,356 shares of the company’s stock, valued at $3,676,371.84. This represents a 17.94% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 23,000 shares of company stock valued at $1,047,702 in the last three months. Insiders own 12.80% of the company’s stock.

Lincoln Educational Services Price Performance

NASDAQ LINC opened at $25.43 on Monday. Lincoln Educational Services Corporation has a 1 year low of $17.29 and a 1 year high of $56.34. The stock has a market capitalization of $806.64 million, a PE ratio of 35.32, a PEG ratio of 2.19 and a beta of 0.83. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.96 and a quick ratio of 0.92. The business’s 50-day moving average is $40.94 and its 200 day moving average is $41.15.

Lincoln Educational Services (NASDAQ:LINCGet Free Report) last announced its earnings results on Monday, August 10th. The company reported $0.06 EPS for the quarter. Lincoln Educational Services had a return on equity of 14.47% and a net margin of 3.99%.The company had revenue of $142.56 million during the quarter, compared to the consensus estimate of $139.49 million. Lincoln Educational Services has set its FY 2026 guidance at 0.740-0.830 EPS. Sell-side analysts forecast that Lincoln Educational Services Corporation will post 0.77 earnings per share for the current year.

About Lincoln Educational Services

(Free Report)

Lincoln Educational Services Corporation is a publicly traded provider of career-focused post-secondary vocational education in the United States. Operating under the Lincoln Tech and Lincoln Culinary Institute brands, the company delivers hands-on technical instruction across high-growth industries. Its mission centers on equipping students with practical skills and industry credentials designed to meet employer needs.

The company’s program offerings span automotive technology, skilled trades, health sciences, information technology, culinary arts and public safety.

See Also

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Institutional Ownership by Quarter for Lincoln Educational Services (NASDAQ:LINC)

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