Dauntless Investment Group LLC Takes Position in Lincoln Educational Services Co. (NASDAQ:LINC)

Dauntless Investment Group LLC bought a new position in Lincoln Educational Services Co. (NASDAQ:LINC - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 85,030 shares of the company's stock, valued at approximately $1,345,000. Lincoln Educational Services comprises about 1.4% of Dauntless Investment Group LLC's portfolio, making the stock its 4th largest position. Dauntless Investment Group LLC owned approximately 0.27% of Lincoln Educational Services as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Summit Investment Advisors Inc. grew its stake in shares of Lincoln Educational Services by 39.6% in the fourth quarter. Summit Investment Advisors Inc. now owns 2,731 shares of the company's stock worth $43,000 after acquiring an additional 775 shares during the period. MetLife Investment Management LLC raised its stake 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 valued at $245,000 after buying an additional 1,859 shares during the last quarter. Russell Investments Group Ltd. lifted its holdings in shares of Lincoln Educational Services by 1.0% during the 4th quarter. Russell Investments Group Ltd. now owns 212,923 shares of the company's stock valued at $3,368,000 after buying an additional 2,195 shares during the period. Wells Fargo & Company MN boosted 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 buying an additional 3,338 shares during the last quarter. Finally, Barclays PLC grew its holdings in shares of Lincoln Educational Services by 14.8% in the fourth 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 period. 72.23% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

LINC has been the topic of a number of recent research reports. Rosenblatt Securities increased their target price on Lincoln Educational Services from $20.00 to $24.00 and gave the company a "buy" rating in a report on Tuesday, February 25th. B. Riley began coverage on shares of Lincoln Educational Services in a report on Friday, March 28th. They issued a "buy" rating and a $23.00 price objective on the stock. Northland Capmk raised shares of Lincoln Educational Services to a "strong-buy" rating in a report on Thursday, April 24th. Barrington Research reiterated an "outperform" rating and issued a $22.00 price target on shares of Lincoln Educational Services in a research report on Wednesday, March 26th. Finally, Northland Securities assumed coverage on shares of Lincoln Educational Services in a research report on Thursday, April 24th. They set an "outperform" rating and a $24.00 price objective for the company. One research analyst has rated the stock with a hold rating, four have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus price target of $21.60.

Lincoln Educational Services Price Performance

Shares of LINC stock traded up $0.01 on Tuesday, hitting $17.15. 58,658 shares of the stock traded hands, compared to its average volume of 197,503. The firm has a 50 day simple moving average of $16.48 and a two-hundred day simple moving average of $15.84. Lincoln Educational Services Co. has a 52 week low of $10.06 and a 52 week high of $19.79. The firm has a market cap of $541.79 million, a price-to-earnings ratio of 53.55, a PEG ratio of 1.70 and a beta of 1.57. 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 - Get Free Report) last released its quarterly earnings data on Monday, February 24th. The company reported $0.31 EPS for the quarter, beating the consensus estimate 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 business had revenue of $119.37 million during the quarter, compared to the consensus estimate of $110.50 million. As a group, equities research analysts predict that Lincoln Educational Services Co. will post 0.54 earnings per share 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.