Lincoln Educational Services Co. (NASDAQ:LINC) Shares Sold by Private Advisor Group LLC

Private Advisor Group LLC lowered its holdings in shares of Lincoln Educational Services Co. (NASDAQ:LINC) by 5.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 126,446 shares of the company’s stock after selling 7,700 shares during the period. Private Advisor Group LLC owned about 0.40% of Lincoln Educational Services worth $2,000,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of LINC. Janus Henderson Group PLC purchased a new position in shares of Lincoln Educational Services during the 3rd quarter worth approximately $144,000. Sanctuary Advisors LLC acquired a new position in shares of Lincoln Educational Services in the fourth quarter worth $288,000. Barclays PLC lifted its position in shares of Lincoln Educational Services by 259.0% in the third quarter. Barclays PLC now owns 34,220 shares of the company’s stock valued at $408,000 after acquiring an additional 24,688 shares in the last quarter. Jane Street Group LLC lifted its position in shares of Lincoln Educational Services by 63.6% in the third quarter. Jane Street Group LLC now owns 38,367 shares of the company’s stock valued at $458,000 after acquiring an additional 14,913 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in shares of Lincoln Educational Services by 248.7% during the third quarter. JPMorgan Chase & Co. now owns 39,646 shares of the company’s stock valued at $473,000 after acquiring an additional 28,275 shares during the last quarter. Hedge funds and other institutional investors own 72.23% of the company’s stock.

Lincoln Educational Services Stock Down 4.8 %

LINC opened at $17.66 on Wednesday. Lincoln Educational Services Co. has a 12 month low of $9.29 and a 12 month high of $19.79. The business has a 50-day moving average of $16.19 and a two-hundred day moving average of $14.46. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.57 and a quick ratio of 1.53. The stock has a market capitalization of $555.92 million, a price-to-earnings ratio of 55.19, a price-to-earnings-growth ratio of 1.70 and a beta of 1.41.

Lincoln Educational Services (NASDAQ:LINC) last released its earnings results on Monday, February 24th. The company reported $0.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.20 by $0.11. The firm had revenue of $119.37 million during the quarter, compared to the consensus estimate of $110.50 million. Lincoln Educational Services had a net margin of 2.33% and a return on equity of 10.60%. On average, research analysts expect that Lincoln Educational Services Co. will post 0.54 earnings per share for the current year.

Insider Transactions at Lincoln Educational Services

In related news, major shareholder Juniper Investment Company, Ll sold 61,289 shares of the stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of $16.19, for a total transaction of $992,268.91. Following the completion of the sale, the insider now owns 425,544 shares of the company’s stock, valued at approximately $6,889,557.36. This represents a 12.59 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 16.80% of the company’s stock.

Wall Street Analyst Weigh In

LINC has been the topic of a number of recent research reports. Barrington Research restated an “outperform” rating and issued a $20.00 target price on shares of Lincoln Educational Services in a report on Wednesday, February 19th. Rosenblatt Securities boosted their price objective on shares of Lincoln Educational Services from $20.00 to $24.00 and gave the company a “buy” rating in a research report on Tuesday. Finally, B. Riley raised their target price on shares of Lincoln Educational Services from $15.00 to $20.00 and gave the stock a “buy” rating in a research report on Thursday, November 7th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, Lincoln Educational Services has a consensus rating of “Moderate Buy” and a consensus target price of $19.75.

Lincoln Educational Services Profile

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.