Citadel Advisors LLC Invests $22.03 Million in Lincoln International Inc. $LCLN

Citadel Advisors LLC acquired a new position in shares of Lincoln International Inc. (NYSE:LCLN) in the 2nd quarter, Holdings Channel reports. The fund acquired 922,880 shares of the company’s stock, valued at approximately $22,029,000.

Separately, Alyeska Investment Group L.P. acquired a new stake in Lincoln International in the 2nd quarter valued at approximately $6,326,000.

Lincoln International Stock Performance

LCLN stock opened at $27.22 on Monday. Lincoln International Inc. has a twelve month low of $20.05 and a twelve month high of $27.55. The business’s 50-day moving average price is $23.48.

Lincoln International (NYSE:LCLN) last posted its quarterly earnings results on Thursday, August 6th. The company reported $0.26 EPS for the quarter, beating the consensus estimate of $0.14 by $0.12. The firm had revenue of $225.69 million during the quarter. On average, sell-side analysts predict that Lincoln International Inc. will post 1.4 earnings per share for the current fiscal year.

Lincoln International Announces Dividend

The firm 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 dividend of $0.07 per share. The ex-dividend date is Tuesday, September 1st. This represents a $0.28 dividend on an annualized basis and a yield of 1.0%.

Analyst Upgrades and Downgrades

Several research analysts have commented on LCLN shares. Keefe, Bruyette & Woods lifted their price target on Lincoln International from $24.00 to $25.00 and gave the stock a “market perform” rating in a research report on Monday, August 10th. Citigroup initiated coverage on shares of Lincoln International in a research note on Monday, June 15th. They issued an “outperform” rating on the stock. Weiss Ratings started coverage on shares of Lincoln International in a research report on Monday, August 17th. They set a “sell (e)” rating on the stock. The Goldman Sachs Group assumed coverage on shares of Lincoln International in a research note on Monday, June 15th. They set a “buy” rating and a $27.50 target price for the company. Finally, Citizens Jmp began coverage on shares of Lincoln International in a report on Monday, June 15th. They issued a “market outperform” rating and a $30.00 price target for the company. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target 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.