Lincoln International (NYSE:LCLN) Stock Gets Price Target Trim from Morgan Stanley

Lincoln International (NYSE:LCLN) had its price objective reduced by Morgan Stanley from $28.00 to $27.00 in a research report sent to investors on Thursday morning,Benzinga reports. They currently have an equal weight rating on the stock.

Other research analysts have also recently issued research reports about the company. BMO Capital Markets started coverage on Lincoln International in a research note on Monday, June 15th. They issued a “market perform” rating and a $26.00 price target for the company. Keefe, Bruyette & Woods increased their price objective on Lincoln International from $24.00 to $25.00 and gave the company a “market perform” rating in a research report on Monday, August 10th. Zacks Research upgraded Lincoln International to a “hold” rating in a report on Friday, July 10th. Evercore set a $26.00 target price on shares of Lincoln International in a research note on Wednesday, August 12th. Finally, Citigroup began coverage on shares of Lincoln International in a report on Monday, June 15th. They set an “outperform” rating on the stock. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Lincoln International presently has a consensus rating of “Hold” and a consensus target price of $27.21.

Lincoln International Stock Up 1.2%

NYSE:LCLN opened at $24.65 on Thursday. The stock has a market capitalization of $859.02 million and a PE ratio of 94.80. The company has a current ratio of 1.76, a quick ratio of 1.76 and a debt-to-equity ratio of 0.76. The firm’s 50 day moving average price is $24.56. Lincoln International has a 52 week low of $20.05 and a 52 week high of $27.55.

Lincoln International (NYSE:LCLN) last announced its quarterly earnings data on Thursday, August 6th. The company reported $0.26 earnings per share for the quarter, topping analysts’ consensus estimates of $0.14 by $0.12. The firm had revenue of $225.69 million during the quarter. As a group, sell-side analysts anticipate that Lincoln International will post 1.34 earnings per share for the current year.

Lincoln International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st were paid a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date was Tuesday, September 1st. Lincoln International’s dividend payout ratio (DPR) is 107.69%.

Institutional Trading of Lincoln International

Hedge funds have recently bought and sold shares of the company. Citadel Advisors LLC bought a new position in Lincoln International in the second quarter valued at about $22,029,000. Alyeska Investment Group L.P. bought a new stake in shares of Lincoln International during the 2nd quarter valued at about $6,326,000. Squarepoint Ops LLC bought a new stake in shares of Lincoln International during the 2nd quarter valued at about $813,000. Readystate Asset Management LP purchased a new stake in shares of Lincoln International during the 2nd quarter valued at about $716,000. Finally, State Street Corp purchased a new stake in shares of Lincoln International during the 2nd quarter valued at about $436,000.

Lincoln International Company Profile

Lincoln International is a global investment banking and financial advisory firm focused primarily on serving middle-market companies, private equity firms and other institutional clients. The firm provides advice on mergers and acquisitions, divestitures, recapitalizations, restructurings and other strategic transactions.

Its services also include capital advisory, private fund advisory, valuation and fairness opinions. Lincoln works with clients across a range of industries and helps them evaluate strategic alternatives, raise financing and assess the value of businesses, securities and other assets.

Founded in 1996 and headquartered in Chicago, Lincoln International serves clients through operations in North America, Europe and Asia.