Lincoln Educational Services Co. (NASDAQ:LINC) Stock Position Lifted by Alyeska Investment Group L.P.

Alyeska Investment Group L.P. raised its stake in shares of Lincoln Educational Services Co. (NASDAQ:LINC - Free Report) by 43.1% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,123,143 shares of the company's stock after purchasing an additional 338,495 shares during the period. Alyeska Investment Group L.P. owned 3.57% of Lincoln Educational Services worth $17,768,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Summit Investment Advisors Inc. increased its holdings in shares of Lincoln Educational Services by 39.6% during the 4th quarter. Summit Investment Advisors Inc. now owns 2,731 shares of the company's stock worth $43,000 after buying an additional 775 shares during the last quarter. Aquatic Capital Management LLC purchased a new position in shares of Lincoln Educational Services in the 4th quarter worth about $135,000. Price T Rowe Associates Inc. MD acquired a new position in shares of Lincoln Educational Services in the 4th quarter valued at about $171,000. Wells Fargo & Company MN grew its holdings in shares of Lincoln Educational Services by 27.8% during the 4th quarter. Wells Fargo & Company MN now owns 15,326 shares of the company's stock worth $242,000 after purchasing an additional 3,338 shares during the period. Finally, MetLife Investment Management LLC increased its position in Lincoln Educational Services by 13.7% during the 4th quarter. MetLife Investment Management LLC now owns 15,456 shares of the company's stock worth $245,000 after purchasing an additional 1,859 shares in the last quarter. Hedge funds and other institutional investors own 72.23% of the company's stock.

Lincoln Educational Services Stock Up 4.0 %

LINC stock traded up $0.80 during trading on Friday, reaching $20.92. The stock had a trading volume of 643,654 shares, compared to its average volume of 153,663. The firm has a fifty day moving average price of $16.59 and a 200 day moving average price of $16.18. The company has a current ratio of 1.57, a quick ratio of 1.53 and a debt-to-equity ratio of 0.17. The company has a market capitalization of $660.93 million, a P/E ratio of 65.38, a PEG ratio of 1.70 and a beta of 1.63. Lincoln Educational Services Co. has a 1-year low of $10.06 and a 1-year high of $21.15.

Lincoln Educational Services (NASDAQ:LINC - Get Free Report) last issued 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. Lincoln Educational Services had a return on equity of 10.60% and a net margin of 2.33%. The firm had revenue of $119.37 million during the quarter, compared to the consensus estimate of $110.50 million. On average, equities analysts anticipate that Lincoln Educational Services Co. will post 0.54 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts have weighed in on LINC shares. Barrington Research reaffirmed an "outperform" rating and set a $22.00 price target on shares of Lincoln Educational Services in a research report on Wednesday, March 26th. B. Riley began coverage on shares of Lincoln Educational Services in a research report on Friday, March 28th. They set a "buy" rating and a $23.00 price target for the company. Rosenblatt Securities increased their price target on Lincoln Educational Services from $20.00 to $24.00 and gave the company a "buy" rating in a report on Tuesday, February 25th. Northland Securities assumed coverage on Lincoln Educational Services in a research note on Thursday, April 24th. They set an "outperform" rating and a $24.00 price objective on the stock. Finally, Northland Capmk upgraded Lincoln Educational Services to a "strong-buy" rating in a research note on Thursday, April 24th. One research analyst has rated the stock with a hold rating, three have issued a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus target price of $23.25.

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.