AMH Equity Ltd Trims Stock Position in Lincoln Educational Services Corporation $LINC

AMH Equity Ltd cut its stake in shares of Lincoln Educational Services Corporation (NASDAQ:LINC) by 6.3% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 75,000 shares of the company’s stock after selling 5,000 shares during the period. Lincoln Educational Services makes up 2.3% of AMH Equity Ltd’s investment portfolio, making the stock its 14th biggest holding. AMH Equity Ltd owned 0.24% of Lincoln Educational Services worth $1,729,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Hsbc Holdings PLC raised its stake in Lincoln Educational Services by 54.1% during the 1st quarter. Hsbc Holdings PLC now owns 43,585 shares of the company’s stock valued at $669,000 after acquiring an additional 15,299 shares during the last quarter. Calamos Advisors LLC raised its stake in Lincoln Educational Services by 19.4% during the 1st quarter. Calamos Advisors LLC now owns 109,369 shares of the company’s stock valued at $1,736,000 after acquiring an additional 17,740 shares during the last quarter. Vanguard Group Inc. raised its stake in Lincoln Educational Services by 5.4% during the 1st quarter. Vanguard Group Inc. now owns 1,494,714 shares of the company’s stock valued at $23,721,000 after acquiring an additional 75,989 shares during the last quarter. American Century Companies Inc. raised its stake in Lincoln Educational Services by 109.0% during the 1st quarter. American Century Companies Inc. now owns 99,054 shares of the company’s stock valued at $1,572,000 after acquiring an additional 51,650 shares during the last quarter. Finally, Mackenzie Financial Corp acquired a new position in Lincoln Educational Services during the 1st quarter worth approximately $1,421,000. 72.23% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have issued reports on the company. Rosenblatt Securities boosted their target price on Lincoln Educational Services from $25.00 to $27.00 and gave the stock a “buy” rating in a research report on Tuesday, August 12th. Barrington Research reiterated an “outperform” rating and set a $25.00 target price on shares of Lincoln Educational Services in a research report on Wednesday. Weiss Ratings reiterated a “hold (c+)” rating on shares of Lincoln Educational Services in a research report on Wednesday, October 8th. Finally, Zacks Research raised shares of Lincoln Educational Services to a “hold” rating in a research note 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 company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $25.00.

Lincoln Educational Services Stock Performance

LINC opened at $20.95 on Friday. The stock has a market cap of $662.44 million, a P/E ratio of 45.54, a P/E/G ratio of 1.85 and a beta of 1.24. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.90 and a quick ratio of 0.85. The stock’s 50 day simple moving average is $21.24 and its 200 day simple moving average is $21.25. Lincoln Educational Services Corporation has a 1-year low of $13.17 and a 1-year high of $25.76.

Lincoln Educational Services (NASDAQ:LINC) last released its quarterly earnings results on Monday, August 11th. The company reported $0.09 earnings per share for the quarter, topping analysts’ consensus estimates of $0.04 by $0.05. The business had revenue of $116.47 million for the quarter, compared to analysts’ expectations 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. As a group, equities analysts anticipate that Lincoln Educational Services Corporation will post 0.54 EPS for the current fiscal year.

About Lincoln Educational Services

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.