EAM Investors LLC Lowers Position in Lincoln Educational Services Co. (NASDAQ:LINC)

EAM Investors LLC trimmed its position in shares of Lincoln Educational Services Co. (NASDAQ:LINC - Free Report) by 23.4% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 48,005 shares of the company's stock after selling 14,648 shares during the quarter. EAM Investors LLC owned about 0.15% of Lincoln Educational Services worth $759,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. State Street Corp lifted its holdings in shares of Lincoln Educational Services by 3.0% during the third quarter. State Street Corp now owns 440,136 shares of the company's stock valued at $5,255,000 after purchasing an additional 12,938 shares in the last quarter. Jane Street Group LLC lifted its stake 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 valued at $458,000 after acquiring an additional 14,913 shares during the period. Barclays PLC boosted its holdings in shares of 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 acquiring an additional 24,688 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of Lincoln Educational Services by 1.9% in the third quarter. Geode Capital Management LLC now owns 636,160 shares of the company's stock worth $7,598,000 after acquiring an additional 11,650 shares during the period. Finally, JPMorgan Chase & Co. raised its holdings in shares of Lincoln Educational Services by 248.7% during the third quarter. JPMorgan Chase & Co. now owns 39,646 shares of the company's stock valued at $473,000 after purchasing an additional 28,275 shares during the last quarter. 72.23% of the stock is currently owned by institutional investors.

Lincoln Educational Services Stock Performance

Shares of NASDAQ:LINC traded up $0.03 during midday trading on Wednesday, hitting $17.07. The company had a trading volume of 59,041 shares, compared to its average volume of 147,231. The company has a market cap of $539.29 million, a price-to-earnings ratio of 53.35, 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. The company has a fifty day moving average of $16.52 and a two-hundred day moving average of $15.66. Lincoln Educational Services Co. has a 12-month low of $9.80 and a 12-month high of $20.17.

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

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. Barrington Research restated an "outperform" rating and issued a $22.00 target price on shares of Lincoln Educational Services in a report on Wednesday, March 26th. B. Riley initiated coverage on Lincoln Educational Services in a report on Friday, March 28th. They issued a "buy" rating and a $23.00 price objective for the company. Finally, 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. One analyst has rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Buy" and a consensus target price of $21.00.

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.