Lincoln Educational Services Corporation (NASDAQ:LINC) Shares Bought by Calamos Advisors LLC

Calamos Advisors LLC raised its position in shares of Lincoln Educational Services Corporation (NASDAQ:LINC - Free Report) by 19.4% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 109,369 shares of the company's stock after buying an additional 17,740 shares during the quarter. Calamos Advisors LLC owned about 0.35% of Lincoln Educational Services worth $1,736,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of LINC. Vanguard Group Inc. raised its stake in Lincoln Educational Services by 1.1% in the fourth quarter. Vanguard Group Inc. now owns 1,418,725 shares of the company's stock valued at $22,444,000 after buying an additional 14,772 shares during the last quarter. Alyeska Investment Group L.P. raised its position in shares of Lincoln Educational Services by 43.1% in the 4th quarter. Alyeska Investment Group L.P. now owns 1,123,143 shares of the company's stock valued at $17,768,000 after purchasing an additional 338,495 shares during the last quarter. Dimensional Fund Advisors LP raised its position in shares of Lincoln Educational Services by 5.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,071,560 shares of the company's stock valued at $16,952,000 after purchasing an additional 51,430 shares during the last quarter. First Eagle Investment Management LLC raised its position in shares of Lincoln Educational Services by 5.2% in the 4th quarter. First Eagle Investment Management LLC now owns 833,093 shares of the company's stock valued at $13,180,000 after purchasing an additional 41,442 shares during the last quarter. Finally, Renaissance Technologies LLC raised its holdings in shares of Lincoln Educational Services by 6.5% in the fourth quarter. Renaissance Technologies LLC now owns 690,378 shares of the company's stock worth $10,922,000 after buying an additional 42,000 shares during the last quarter. Hedge funds and other institutional investors own 72.23% of the company's stock.

Lincoln Educational Services Stock Performance

NASDAQ:LINC traded down $0.38 during mid-day trading on Tuesday, hitting $22.25. The company's stock had a trading volume of 23,407 shares, compared to its average volume of 181,423. Lincoln Educational Services Corporation has a 1 year low of $11.22 and a 1 year high of $24.20. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.04 and a quick ratio of 1.01. The stock has a market cap of $702.88 million, a price-to-earnings ratio of 57.05, a PEG ratio of 2.13 and a beta of 1.58. The business's fifty day moving average is $21.71 and its two-hundred day moving average is $18.20.

Lincoln Educational Services (NASDAQ:LINC - Get Free Report) last issued its earnings results on Monday, May 12th. The company reported $0.11 EPS for the quarter, topping analysts' consensus estimates of $0.04 by $0.07. Lincoln Educational Services had a return on equity of 10.88% and a net margin of 2.65%. The firm had revenue of $117.51 million for the quarter, compared to the consensus estimate of $114.55 million. Analysts anticipate that Lincoln Educational Services Corporation will post 0.54 EPS for the current fiscal year.

Insiders Place Their Bets

In other Lincoln Educational Services news, Director Carlton Rose sold 30,000 shares of the company's stock in a transaction that occurred on Friday, May 30th. The stock was sold at an average price of $23.63, for a total value of $708,900.00. Following the sale, the director owned 15,295 shares in the company, valued at approximately $361,420.85. This represents a 66.23% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, COO Chad D. Nyce sold 6,200 shares of the stock in a transaction on Friday, June 6th. The stock was sold at an average price of $22.93, for a total transaction of $142,166.00. Following the sale, the chief operating officer directly owned 170,209 shares in the company, valued at $3,902,892.37. This trade represents a 3.51% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 51,200 shares of company stock worth $1,172,166. Corporate insiders own 16.80% of the company's stock.

Analyst Upgrades and Downgrades

LINC has been the subject of a number of research analyst reports. Barrington Research raised their price target on shares of Lincoln Educational Services from $22.00 to $25.00 and gave the stock an "outperform" rating in a report on Monday, May 12th. 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 target price for the company. B. Riley restated a "buy" rating on shares of Lincoln Educational Services in a research note on Tuesday, May 13th. Lake Street Capital lifted their target price on Lincoln Educational Services from $21.00 to $26.00 and gave the stock a "buy" rating in a report on Tuesday, May 13th. Finally, Northland Capmk upgraded Lincoln Educational Services to a "strong-buy" rating in a research report on Thursday, April 24th. One analyst has rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Buy" and a consensus target price of $24.60.

Lincoln Educational Services 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.