Lincoln Educational Services Co. (NASDAQ:LINC) Stock Holdings Reduced by Deutsche Bank AG

Deutsche Bank AG lessened its holdings in shares of Lincoln Educational Services Co. (NASDAQ:LINC - Free Report) by 68.2% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 7,313 shares of the company's stock after selling 15,704 shares during the quarter. Deutsche Bank AG's holdings in Lincoln Educational Services were worth $116,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the business. Summit Investment Advisors Inc. raised its stake in shares of 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 buying an additional 775 shares in the last quarter. MetLife Investment Management LLC raised 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 buying an additional 1,859 shares in the last quarter. Russell Investments Group Ltd. raised 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 buying an additional 2,195 shares in the last quarter. Wells Fargo & Company MN raised 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 in the last quarter. Finally, Barclays PLC raised 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 buying an additional 5,050 shares in the last quarter. Institutional investors and hedge funds own 72.23% of the company's stock.

Lincoln Educational Services Trading Up 2.1%

Shares of Lincoln Educational Services stock traded up $0.48 on Friday, reaching $23.05. 217,503 shares of the company were exchanged, compared to its average volume of 170,987. The stock has a fifty day moving average price of $19.22 and a 200-day moving average price of $17.23. The firm has a market capitalization of $728.22 million, a price-to-earnings ratio of 72.03, 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 Co. has a fifty-two week low of $10.06 and a fifty-two week high of $24.20.

Lincoln Educational Services (NASDAQ:LINC - Get Free Report) last announced its earnings results on Monday, May 12th. The company reported $0.11 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.04 by $0.07. The company had revenue of $117.51 million for the quarter, compared to analyst estimates of $114.55 million. Lincoln Educational Services had a return on equity of 10.60% and a net margin of 2.33%. On average, analysts expect that Lincoln Educational Services Co. will post 0.54 EPS for the current year.

Insider Activity at Lincoln Educational Services

In related news, Director Carlton Rose sold 30,000 shares of the company's stock in a transaction on Friday, May 30th. The stock was sold at an average price of $23.63, for a total transaction of $708,900.00. Following the transaction, the director now directly owns 15,295 shares of the company's stock, valued at approximately $361,420.85. The trade was a 66.23% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director James J. Burke, Jr. sold 5,000 shares of Lincoln Educational Services stock in a transaction on Friday, May 16th. The shares were sold at an average price of $21.42, for a total transaction of $107,100.00. Following the sale, the director now directly owns 82,230 shares of the company's stock, valued at $1,761,366.60. This trade represents a 5.73% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 45,000 shares of company stock valued at $1,030,000. Company insiders own 13.60% of the company's stock.

Analyst Ratings Changes

A number of analysts have recently commented on LINC shares. Barrington Research boosted their price objective on Lincoln Educational Services from $22.00 to $25.00 and gave the stock an "outperform" rating in a research note on Monday, May 12th. Northland Capmk raised Lincoln Educational Services to a "strong-buy" rating in a research note on Thursday, April 24th. Northland Securities began coverage on Lincoln Educational Services in a research note on Thursday, April 24th. They issued an "outperform" rating and a $24.00 price objective on the stock. Lake Street Capital boosted their target price on Lincoln Educational Services from $21.00 to $26.00 and gave the stock a "buy" rating in a research report on Tuesday, May 13th. Finally, B. Riley reaffirmed a "buy" rating on shares of Lincoln Educational Services in a research report on Tuesday, May 13th. One analyst has rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Buy" and a consensus price target of $24.60.

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.