Trexquant Investment LP Takes $382,000 Position in Lincoln Educational Services Co. (NASDAQ:LINC)

Trexquant Investment LP acquired a new position in Lincoln Educational Services Co. (NASDAQ:LINC) during the fourth quarter, HoldingsChannel.com reports. The fund acquired 24,137 shares of the company’s stock, valued at approximately $382,000.

Several other large investors have also added to or reduced their stakes in the business. Janus Henderson Group PLC acquired a new position in shares of Lincoln Educational Services during the 3rd quarter worth about $144,000. Sanctuary Advisors LLC acquired a new position in Lincoln Educational Services during the fourth quarter valued at approximately $288,000. Barclays PLC boosted its position in Lincoln Educational Services by 259.0% during the third quarter. Barclays PLC now owns 34,220 shares of the company’s stock valued at $408,000 after purchasing an additional 24,688 shares during the last quarter. Jane Street Group LLC grew its stake in 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 purchasing an additional 14,913 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its position in shares of Lincoln Educational Services by 248.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 39,646 shares of the company’s stock worth $473,000 after purchasing an additional 28,275 shares during the last quarter. Institutional investors and hedge funds own 72.23% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on LINC. B. Riley began coverage on shares of Lincoln Educational Services in a research note on Friday, March 28th. They issued a “buy” rating and a $23.00 target price for the company. Rosenblatt Securities boosted their price objective on shares of Lincoln Educational Services from $20.00 to $24.00 and gave the stock a “buy” rating in a research note on Tuesday, February 25th. Finally, Barrington Research reiterated an “outperform” rating and issued a $22.00 target price on shares of Lincoln Educational Services in a research note on Wednesday, March 26th. One equities research analyst has rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Lincoln Educational Services currently has a consensus rating of “Buy” and an average target price of $21.00.

Lincoln Educational Services Trading Down 2.1 %

LINC stock opened at $16.44 on Monday. The stock has a market cap of $519.39 million, a price-to-earnings ratio of 51.38, a price-to-earnings-growth ratio of 1.70 and a beta of 1.57. The company has a fifty day moving average price of $16.58 and a two-hundred day moving average price of $15.43. Lincoln Educational Services Co. has a one year low of $9.51 and a one year high of $19.79. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.57 and a quick ratio of 1.53.

Lincoln Educational Services (NASDAQ:LINC) last announced its quarterly earnings results on Monday, February 24th. The company reported $0.31 EPS for the quarter, beating analysts’ consensus estimates of $0.20 by $0.11. The business had revenue of $119.37 million for the quarter, compared to analyst estimates of $110.50 million. Lincoln Educational Services had a net margin of 2.33% and a return on equity of 10.60%. Equities analysts anticipate that Lincoln Educational Services Co. will post 0.54 EPS for the current year.

Lincoln Educational Services Company 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.