Hsbc Holdings PLC Invests $1.69 Million in Lincoln Educational Services Corporation $LINC

Hsbc Holdings PLC bought a new stake in shares of Lincoln Educational Services Corporation (NASDAQ:LINCFree Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 33,479 shares of the company’s stock, valued at approximately $1,688,000. Hsbc Holdings PLC owned about 0.11% of Lincoln Educational Services as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of LINC. BlackRock Inc. purchased a new stake in shares of Lincoln Educational Services in the second quarter valued at about $123,906,000. Pillsbury Lake Capital LLC purchased a new stake in shares of Lincoln Educational Services during the fourth quarter valued at approximately $17,028,000. Nicholas Investment Partners LP purchased a new position in Lincoln Educational Services in the second quarter worth $26,544,000. Alyeska Investment Group L.P. boosted its position in Lincoln Educational Services by 26.1% in the third quarter. Alyeska Investment Group L.P. now owns 1,449,605 shares of the company’s stock worth $34,066,000 after purchasing an additional 300,000 shares during the last quarter. Finally, Needham Investment Management LLC grew its stake in Lincoln Educational Services by 30.1% in the 4th quarter. Needham Investment Management LLC now owns 1,125,000 shares of the company’s stock valued at $27,169,000 after purchasing an additional 260,000 shares during the period. Institutional investors own 72.23% of the company’s stock.

Wall Street Analysts Forecast Growth

LINC has been the topic of a number of research analyst reports. Lake Street Capital cut their price target on shares of Lincoln Educational Services from $55.00 to $50.00 and set a “buy” rating on the stock in a report on Tuesday, August 11th. Weiss Ratings cut shares of Lincoln Educational Services from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, August 3rd. B. Riley Financial increased their target price on shares of Lincoln Educational Services from $46.00 to $56.00 and gave the company a “buy” rating in a research report on Tuesday, May 12th. Northland Securities set a $60.00 price target on shares of Lincoln Educational Services in a research note on Thursday, May 28th. Finally, Rosenblatt Securities lowered their price target on shares of Lincoln Educational Services from $60.00 to $50.00 and set a “buy” rating on the stock in a report on Tuesday, August 11th. Four analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, Lincoln Educational Services currently has a consensus rating of “Moderate Buy” and an average price target of $50.67.

Read Our Latest Stock Report on Lincoln Educational Services

Lincoln Educational Services Stock Performance

Shares of LINC opened at $25.43 on Monday. The stock’s 50-day simple moving average is $40.94 and its 200 day simple moving average is $41.15. The stock has a market capitalization of $806.64 million, a price-to-earnings ratio of 35.32, a price-to-earnings-growth ratio of 2.19 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 52-week low of $17.29 and a 52-week high of $56.34.

Lincoln Educational Services (NASDAQ:LINCGet Free Report) last posted its 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 business had revenue of $142.56 million during the quarter, compared to analyst estimates of $139.49 million. Lincoln Educational Services has set its FY 2026 guidance at 0.740-0.830 EPS. Research analysts forecast that Lincoln Educational Services Corporation will post 0.77 EPS for the current fiscal year.

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 value of $803,832.48. Following the sale, the senior vice president directly owned 82,356 shares in the company, valued at $3,676,371.84. This represents a 17.94% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Kevin M. Carney sold 3,000 shares of the firm’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 completion of the transaction, the director directly owned 25,039 shares of the company’s stock, valued at approximately $1,201,872. The trade was a 10.70% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 23,000 shares of company stock valued at $1,047,702 over the last 90 days. 12.80% of the stock is owned by company insiders.

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

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

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