Lincoln Educational Services Co. (NASDAQ:LINC) Shares Acquired by Bailard Inc.

Bailard Inc. boosted its position in shares of Lincoln Educational Services Co. (NASDAQ:LINC) by 24.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 84,900 shares of the company’s stock after purchasing an additional 16,693 shares during the period. Bailard Inc.’s holdings in Lincoln Educational Services were worth $1,343,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in LINC. Janus Henderson Group PLC acquired a new stake in Lincoln Educational Services during the 3rd quarter valued at $144,000. Sanctuary Advisors LLC acquired a new stake in Lincoln Educational Services during the 4th quarter valued at $288,000. Barclays PLC grew its holdings in Lincoln Educational Services by 259.0% during the 3rd quarter. Barclays PLC now owns 34,220 shares of the company’s stock valued at $408,000 after purchasing an additional 24,688 shares in the last quarter. Jane Street Group LLC grew its holdings in Lincoln Educational Services by 63.6% during the 3rd quarter. Jane Street Group LLC now owns 38,367 shares of the company’s stock worth $458,000 after acquiring an additional 14,913 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in 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 acquiring an additional 28,275 shares in the last quarter. 72.23% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have weighed in on LINC shares. B. Riley raised their price objective on shares of Lincoln Educational Services from $15.00 to $20.00 and gave the stock a “buy” rating in a report on Thursday, November 7th. Barrington Research reissued an “outperform” rating and set a $20.00 price objective on shares of Lincoln Educational Services in a report on Wednesday, February 19th. Finally, Rosenblatt Securities raised their price objective on shares of Lincoln Educational Services from $20.00 to $24.00 and gave the stock a “buy” rating in a report on Tuesday, February 25th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, Lincoln Educational Services currently has a consensus rating of “Moderate Buy” and an average target price of $19.75.

Insider Transactions at Lincoln Educational Services

In related news, major shareholder Juniper Investment Company, Ll sold 61,289 shares of Lincoln Educational Services stock in a transaction dated Monday, December 9th. The shares were sold at an average price of $16.19, for a total value of $992,268.91. Following the sale, the insider now directly owns 425,544 shares in the company, valued at $6,889,557.36. This trade represents a 12.59 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 16.80% of the company’s stock.

Lincoln Educational Services Trading Down 0.9 %

Lincoln Educational Services stock opened at $18.19 on Tuesday. The firm’s 50-day moving average is $16.36 and its 200-day moving average is $14.59. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.53 and a current ratio of 1.57. Lincoln Educational Services Co. has a 1 year low of $9.29 and a 1 year high of $19.79. The company has a market cap of $572.60 million, a P/E ratio of 56.85, a PEG ratio of 1.70 and a beta of 1.41.

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

About Lincoln Educational Services

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.