Royal Bank of Canada Boosts Holdings in Lincoln Educational Services Corporation $LINC

Royal Bank of Canada boosted its holdings in shares of Lincoln Educational Services Corporation (NASDAQ:LINCFree Report) by 2,081.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 33,502 shares of the company’s stock after acquiring an additional 31,966 shares during the period. Royal Bank of Canada owned about 0.11% of Lincoln Educational Services worth $1,363,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Strs Ohio acquired a new stake in shares of Lincoln Educational Services in the first quarter valued at approximately $48,000. Raymond James Financial Inc. acquired a new position in shares of Lincoln Educational Services during the 2nd quarter worth approximately $116,000. Tower Research Capital LLC TRC lifted its stake in Lincoln Educational Services by 1,081.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 5,681 shares of the company’s stock valued at $131,000 after buying an additional 5,200 shares in the last quarter. Legal & General Group Plc lifted its stake in Lincoln Educational Services by 156.1% in the 2nd quarter. Legal & General Group Plc now owns 5,740 shares of the company’s stock valued at $132,000 after buying an additional 3,499 shares in the last quarter. Finally, State of Alaska Department of Revenue grew its holdings in Lincoln Educational Services by 281.1% during the 4th quarter. State of Alaska Department of Revenue now owns 5,835 shares of the company’s stock valued at $139,000 after buying an additional 4,304 shares during the last quarter. Hedge funds and other institutional investors own 72.23% of the company’s stock.

Insider Buying and Selling

In other Lincoln Educational Services news, SVP Alexandra M. Luster sold 18,007 shares of the 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 owned 82,356 shares of the company’s stock, valued at $3,676,371.84. This trade represents a 17.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Kevin M. Carney sold 3,000 shares of Lincoln Educational Services 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 completion of the transaction, the director owned 25,039 shares in the company, valued at approximately $1,201,872. This trade represents a 10.70% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 38,807 shares of company stock worth $1,812,128. 12.80% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

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

Read Our Latest Research Report on Lincoln Educational Services

Lincoln Educational Services Stock Down 5.2%

LINC stock opened at $26.30 on Thursday. The stock has a market capitalization of $834.24 million, a P/E ratio of 36.53, a PEG ratio of 2.37 and a beta of 0.83. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.92 and a current ratio of 0.96. Lincoln Educational Services Corporation has a one year low of $17.29 and a one year high of $56.34. The company has a 50 day moving average price of $43.93 and a two-hundred day moving average price of $41.20.

Lincoln Educational Services (NASDAQ:LINCGet Free Report) last issued its quarterly earnings results on Monday, August 10th. The company reported $0.06 earnings per share 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. As a group, sell-side analysts expect that Lincoln Educational Services Corporation will post 0.78 EPS for the current year.

Lincoln Educational Services Company Profile

(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.

Featured Articles

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

Receive News & Ratings for Lincoln Educational Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lincoln Educational Services and related companies with MarketBeat.com's FREE daily email newsletter.