30,000 Shares in Lincoln International Inc. $LCLN Acquired by Readystate Asset Management LP

Readystate Asset Management LP purchased a new stake in Lincoln International Inc. (NYSE:LCLN) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 30,000 shares of the company’s stock, valued at approximately $716,000. Readystate Asset Management LP owned 0.09% of Lincoln International as of its most recent SEC filing.

Separately, Alyeska Investment Group L.P. acquired a new stake in shares of Lincoln International in the second quarter valued at $6,326,000.

Lincoln International Stock Up 0.1%

Shares of NYSE LCLN opened at $27.22 on Tuesday. The business’s 50-day simple moving average is $23.54. Lincoln International Inc. has a 1 year low of $20.05 and a 1 year high of $27.55.

Lincoln International (NYSE:LCLN) last released its quarterly earnings data on Thursday, August 6th. The company reported $0.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.14 by $0.12. The business had revenue of $225.69 million for the quarter. On average, equities research analysts expect that Lincoln International Inc. will post 1.4 EPS for the current fiscal year.

Lincoln International Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be paid a $0.07 dividend. This represents a $0.28 annualized dividend and a yield of 1.0%. The ex-dividend date is Tuesday, September 1st.

Wall Street Analyst Weigh In

Several research analysts recently commented on LCLN shares. Citigroup initiated coverage on Lincoln International in a research note on Monday, June 15th. They set an “outperform” rating for the company. Citizens Jmp started coverage on Lincoln International in a research note on Monday, June 15th. They issued a “market outperform” rating and a $30.00 price objective for the company. Wall Street Zen upgraded shares of Lincoln International to a “hold” rating in a research note on Saturday, May 30th. Wolfe Research initiated coverage on shares of Lincoln International in a report on Monday, June 15th. They issued an “outperform” rating and a $29.00 target price on the stock. Finally, Zacks Research upgraded shares of Lincoln International to a “hold” rating in a research note on Friday, July 10th. One investment 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 given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $27.36.

Lincoln International Company Profile

We are a global independent investment banking advisory firm focused on the private capital markets. As a leader in advising private equity and private credit investors, private company business owners and other senior executives, our globally integrated platform allows us to deliver comprehensive, sector-focused advisory services to clients across key areas of the economy. Our experienced professionals provide meaningful and differentiated private capital markets expertise across our two segments, Investment Banking Advisory and Valuations and Opinions: Investment Banking Advisory Valuations and Opinions Mergers & Acquisitions Capital Advisory Private Funds Advisory Other Services •Sell-Sides •Debt Advisory •Continuation Vehicles •Strategic Consulting •Portfolio Valuations •Buy-Sides •Special Situations & •Single Asset and •Executive Peer Networks •Transaction Opinions & •Add-ons Restructuring Co-Investment Vehicles •Agency Member Network Board Advisory •Growth Capital & •Primary Funds •Disputes Advisory Minority Equity Since our founding in 1996, we have experienced significant growth achieved through investments in our talent, our platform, the complementary capabilities we offer—including our growing, recurring, and non-cyclical valuations business—and the strategic positioning of the firm.