Lincoln Educational Services Co. (NASDAQ:LINC) Shares Sold by Bridgeway Capital Management LLC

Bridgeway Capital Management LLC lowered its stake in Lincoln Educational Services Co. (NASDAQ:LINC - Free Report) by 24.2% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 71,448 shares of the company's stock after selling 22,786 shares during the quarter. Bridgeway Capital Management LLC owned 0.23% of Lincoln Educational Services worth $1,130,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Summit Investment Advisors Inc. lifted its stake in Lincoln Educational Services by 39.6% in the 4th quarter. Summit Investment Advisors Inc. now owns 2,731 shares of the company's stock worth $43,000 after purchasing an additional 775 shares in the last quarter. MetLife Investment Management LLC increased its stake in shares of Lincoln Educational Services by 13.7% in the 4th quarter. MetLife Investment Management LLC now owns 15,456 shares of the company's stock worth $245,000 after acquiring an additional 1,859 shares during the last quarter. Russell Investments Group Ltd. increased its stake in shares of Lincoln Educational Services by 1.0% in the 4th quarter. Russell Investments Group Ltd. now owns 212,923 shares of the company's stock worth $3,368,000 after acquiring an additional 2,195 shares during the last quarter. Wells Fargo & Company MN increased its stake in shares of Lincoln Educational Services by 27.8% in the 4th quarter. Wells Fargo & Company MN now owns 15,326 shares of the company's stock worth $242,000 after acquiring an additional 3,338 shares during the last quarter. Finally, Barclays PLC increased its stake in shares of Lincoln Educational Services by 14.8% in the 4th quarter. Barclays PLC now owns 39,270 shares of the company's stock worth $622,000 after acquiring an additional 5,050 shares during the last quarter. Hedge funds and other institutional investors own 72.23% of the company's stock.

Analyst Ratings Changes

Several analysts have recently weighed in on LINC shares. Rosenblatt Securities increased their price target on shares of Lincoln Educational Services from $24.00 to $25.00 and gave the company a "buy" rating in a research note on Tuesday. Barrington Research upped their price target on Lincoln Educational Services from $22.00 to $25.00 and gave the company an "outperform" rating in a research note on Monday. B. Riley reissued a "buy" rating on shares of Lincoln Educational Services in a research report on Tuesday. Northland Capmk raised shares of Lincoln Educational Services to a "strong-buy" rating in a research report on Thursday, April 24th. Finally, Lake Street Capital lifted their target price on shares of Lincoln Educational Services from $21.00 to $26.00 and gave the company a "buy" rating in a report on Tuesday. One investment analyst has rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Buy" and an average target price of $24.60.

Lincoln Educational Services Stock Up 0.7%

LINC traded up $0.15 during trading hours on Wednesday, hitting $20.79. 252,346 shares of the company's stock were exchanged, compared to its average volume of 157,286. Lincoln Educational Services Co. has a 12-month low of $10.06 and a 12-month high of $22.27. The firm has a 50 day moving average of $16.86 and a 200 day moving average of $16.33. The firm has a market cap of $656.82 million, a P/E ratio of 64.97, a price-to-earnings-growth ratio of 1.70 and a beta of 1.63. The company has a current ratio of 1.57, a quick ratio of 1.53 and a debt-to-equity ratio of 0.17.

Lincoln Educational Services (NASDAQ:LINC - Get Free Report) last announced its quarterly earnings data on Monday, May 12th. The company reported $0.11 EPS for the quarter, beating analysts' consensus estimates of $0.04 by $0.07. Lincoln Educational Services had a net margin of 2.33% and a return on equity of 10.60%. The company had revenue of $117.51 million for the quarter, compared to the consensus estimate of $114.55 million. Analysts predict that Lincoln Educational Services Co. will post 0.54 EPS for the current fiscal 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.