Lincoln Educational Services Corporation $LINC is Pullen Investment Management LLC’s 8th Largest Position

Pullen Investment Management LLC lowered its holdings in Lincoln Educational Services Corporation (NASDAQ:LINC) by 25.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 158,531 shares of the company’s stock after selling 54,184 shares during the period. Lincoln Educational Services accounts for 2.2% of Pullen Investment Management LLC’s investment portfolio, making the stock its 8th biggest position. Pullen Investment Management LLC owned about 0.50% of Lincoln Educational Services worth $3,654,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Hsbc Holdings PLC grew its position in shares of Lincoln Educational Services by 54.1% in the first quarter. Hsbc Holdings PLC now owns 43,585 shares of the company’s stock valued at $669,000 after purchasing an additional 15,299 shares during the period. Calamos Advisors LLC grew its position in shares of Lincoln Educational Services by 19.4% in the first quarter. Calamos Advisors LLC now owns 109,369 shares of the company’s stock valued at $1,736,000 after purchasing an additional 17,740 shares during the period. Vanguard Group Inc. grew its position in shares of Lincoln Educational Services by 5.4% in the first quarter. Vanguard Group Inc. now owns 1,494,714 shares of the company’s stock valued at $23,721,000 after purchasing an additional 75,989 shares during the period. American Century Companies Inc. grew its position in shares of Lincoln Educational Services by 109.0% in the first quarter. American Century Companies Inc. now owns 99,054 shares of the company’s stock valued at $1,572,000 after purchasing an additional 51,650 shares during the period. Finally, Mackenzie Financial Corp purchased a new stake in shares of Lincoln Educational Services in the first quarter valued at $1,421,000. Hedge funds and other institutional investors own 72.23% of the company’s stock.

Lincoln Educational Services Trading Down 0.2%

Shares of NASDAQ LINC opened at $23.15 on Friday. The stock’s 50 day moving average price is $21.05 and its two-hundred day moving average price is $21.11. Lincoln Educational Services Corporation has a 52-week low of $12.41 and a 52-week high of $25.76. The stock has a market capitalization of $732.00 million, a P/E ratio of 50.33, a PEG ratio of 2.04 and a beta of 1.24. The company has a quick ratio of 0.85, a current ratio of 0.90 and a debt-to-equity ratio of 0.24.

Lincoln Educational Services (NASDAQ:LINC) last posted its 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. The company had revenue of $116.47 million during the quarter, compared to analyst estimates 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, analysts anticipate that Lincoln Educational Services Corporation will post 0.54 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on LINC shares. Barrington Research reissued an “outperform” rating and set a $25.00 price target on shares of Lincoln Educational Services in a research report on Tuesday, September 23rd. Rosenblatt Securities boosted their price target on Lincoln Educational Services from $25.00 to $27.00 and gave the company a “buy” rating in a research report on Tuesday, August 12th. Weiss Ratings reissued a “hold (c+)” rating on shares of Lincoln Educational Services in a research report on Saturday. Finally, Zacks Research raised Lincoln Educational Services to a “hold” rating in a research report on Friday, August 8th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $25.00.

Lincoln Educational Services 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.