Wellington Management Group LLP Trims Position in Lincoln Educational Services Corporation $LINC

Wellington Management Group LLP cut its holdings in shares of Lincoln Educational Services Corporation (NASDAQ:LINC) by 16.8% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 296,374 shares of the company’s stock after selling 59,879 shares during the quarter. Wellington Management Group LLP’s holdings in Lincoln Educational Services were worth $14,789,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. BlackRock Inc. acquired a new position in Lincoln Educational Services in the second quarter valued at $123,906,000. Pillsbury Lake Capital LLC purchased a new position in Lincoln Educational Services in the 4th quarter worth approximately $17,028,000. Nicholas Investment Partners LP acquired a new position in shares of Lincoln Educational Services during the second quarter worth $26,544,000. Alyeska Investment Group L.P. boosted its stake in shares of 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 valued at $34,066,000 after purchasing an additional 300,000 shares during the period. Finally, Needham Investment Management LLC grew its holdings in Lincoln Educational Services by 30.1% during 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 in the last quarter. Institutional investors and hedge funds own 72.23% of the company’s stock.

Insider Transactions at Lincoln Educational Services

In other Lincoln Educational Services news, SVP Alexandra Luster sold 18,007 shares of Lincoln Educational Services stock in a transaction dated Monday, June 15th. The stock was 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. The trade was a 17.94% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Kevin Carney sold 3,000 shares of the firm’s stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $48.00, for a total transaction of $144,000.00. Following the sale, the director owned 25,039 shares of the company’s stock, valued at approximately $1,201,872. This represents a 10.70% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 12.80% of the company’s stock.

Analyst Upgrades and Downgrades

LINC has been the subject of several recent analyst reports. Barrington Research set a $50.00 target price on Lincoln Educational Services in a research note on Monday, August 10th. Northland Securities set a $60.00 target price on shares of Lincoln Educational Services in a research note on Thursday, May 28th. B. Riley Financial increased their price target on Lincoln Educational Services from $46.00 to $56.00 and gave the stock a “buy” rating in a research report on Tuesday, May 12th. Rosenblatt Securities dropped their price objective 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. Finally, Lake Street Capital lowered their target price 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. Four analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Lincoln Educational Services has an average rating of “Moderate Buy” and a consensus target price of $50.67.

Lincoln Educational Services Stock Performance

Shares of NASDAQ LINC opened at $25.64 on Tuesday. The company has a quick ratio of 0.92, a current ratio of 0.96 and a debt-to-equity ratio of 0.28. Lincoln Educational Services Corporation has a 12 month low of $17.29 and a 12 month high of $56.34. The company has a market cap of $813.30 million, a price-to-earnings ratio of 35.61, a P/E/G ratio of 2.21 and a beta of 0.79. The business has a fifty day simple moving average of $38.11 and a 200-day simple moving average of $41.02.

Lincoln Educational Services (NASDAQ:LINC) last announced its earnings results on Monday, August 10th. The company reported $0.06 EPS for the quarter. Lincoln Educational Services had a net margin of 3.99% and a return on equity of 14.47%. The company had revenue of $142.56 million during the quarter, compared to analysts’ expectations of $139.49 million. Lincoln Educational Services has set its FY 2026 guidance at 0.740-0.830 EPS. Sell-side analysts predict that Lincoln Educational Services Corporation will post 0.77 EPS for the current year.

Lincoln Educational Services Profile

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.