Lincoln International Inc.’s Lock-Up Period To Expire on November 16th (NYSE:LCLN)

Lincoln International’s (NYSE:LCLN) lock-up period will end on Monday, November 16th. Lincoln International had issued 21,049,988 shares in its public offering on May 20th. The total size of the offering was $420,999,760 based on an initial share price of $20.00. Shares of the company owned by company insiders and major shareholders will be eligible for trade following the end of the lock-up period.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on LCLN shares. Keefe, Bruyette & Woods restated a “market perform” rating on shares of Lincoln International in a research report on Friday, November 6th. Morgan Stanley reduced their price objective on Lincoln International from $28.00 to $27.00 and set an “equal weight” rating for the company in a research note on Thursday, October 8th. Evercore set a $26.00 target price on shares of Lincoln International in a research report on Wednesday, August 12th. Weiss Ratings upgraded Lincoln International from a “sell (e)” rating to a “sell (e+)” rating in a report on Monday. Finally, Zacks Research cut Lincoln International from a “hold” rating to a “strong sell” rating in a research note on Friday, October 9th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $27.21.

Lincoln International Stock Performance

Lincoln International stock opened at $26.20 on Friday. The firm’s fifty day simple moving average is $24.99. The company has a current ratio of 1.76, a quick ratio of 1.76 and a debt-to-equity ratio of 0.74. Lincoln International has a 1-year low of $20.05 and a 1-year high of $28.71.

Lincoln International (NYSE:LCLN) last released its quarterly earnings data on Thursday, November 5th. The company reported $0.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.39 by $0.07. The business had revenue of $293.65 million during the quarter. On average, research analysts predict that Lincoln International will post 1.28 earnings per share for the current fiscal year.

Lincoln International Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Tuesday, December 1st will be given a $0.07 dividend. The ex-dividend date of this dividend is Tuesday, December 1st. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.1%. Lincoln International’s payout ratio is currently 38.89%.

Institutional Trading of Lincoln International

Large investors have recently made changes to their positions in the stock. State of Alaska Department of Revenue acquired a new position in shares of Lincoln International during the 3rd quarter valued at about $33,000. Russell Investments Group Ltd. acquired a new stake in Lincoln International in the 3rd quarter worth approximately $43,000. State Street Corp bought a new stake in Lincoln International during the second quarter worth approximately $436,000. Bridgewealth Advisory Group LLC bought a new stake in Lincoln International during the third quarter worth approximately $427,000. Finally, Readystate Asset Management LP bought a new stake in Lincoln International during the second quarter worth approximately $716,000.

Lincoln International Company Profile

Lincoln International is an independent global investment banking advisory firm that works with businesses, shareholders and financial sponsors. Its services include mergers and acquisitions advice, capital advisory, valuation and fairness opinions, and restructuring and special situations advisory. Founded in 1996 and headquartered in Chicago, the firm serves clients across the Americas, Europe and Asia through an international network of offices. Its advisory work spans a range of industries and transaction types.