North Star Investment Management Corp. Grows Stake in Lincoln Educational Services Co. (NASDAQ:LINC)

North Star Investment Management Corp. boosted its holdings in shares of Lincoln Educational Services Co. (NASDAQ:LINC - Free Report) by 24.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 106,275 shares of the company's stock after purchasing an additional 20,575 shares during the quarter. North Star Investment Management Corp. owned about 0.34% of Lincoln Educational Services worth $1,687,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the business. McIlrath & Eck LLC lifted its stake in Lincoln Educational Services by 156.4% in the 4th quarter. McIlrath & Eck LLC now owns 2,267 shares of the company's stock worth $36,000 after purchasing an additional 1,383 shares in the last quarter. Summit Investment Advisors Inc. lifted its position 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 buying an additional 775 shares in the last quarter. Morse Asset Management Inc bought a new position in Lincoln Educational Services during the fourth quarter valued at approximately $101,000. Aquatic Capital Management LLC purchased a new position in Lincoln Educational Services during the 4th quarter valued at approximately $135,000. Finally, Parallel Advisors LLC grew its holdings in Lincoln Educational Services by 20.3% during the 1st quarter. Parallel Advisors LLC now owns 8,878 shares of the company's stock valued at $141,000 after buying an additional 1,500 shares in the last quarter. 72.23% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Lincoln Educational Services

In other Lincoln Educational Services news, Director Carlton Rose sold 30,000 shares of Lincoln Educational Services 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 completion of the sale, the director now directly owns 15,295 shares of the company's stock, valued at $361,420.85. The trade was a 66.23% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director James J. Burke, Jr. sold 10,000 shares of the company's stock in a transaction on Thursday, May 15th. The stock was sold at an average price of $21.40, for a total value of $214,000.00. Following the completion of the sale, the director now owns 87,230 shares of the company's stock, valued at $1,866,722. This represents a 10.28% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 51,200 shares of company stock valued at $1,172,166 in the last three months. Company insiders own 13.60% of the company's stock.

Analyst Upgrades and Downgrades

LINC has been the subject of a number of research reports. B. Riley reiterated a "buy" rating on shares of Lincoln Educational Services in a research report 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. Barrington Research increased their price target on Lincoln Educational Services from $22.00 to $25.00 and gave the company an "outperform" rating in a report on Monday, May 12th. Northland Capmk raised shares of Lincoln Educational Services to a "strong-buy" rating in a research note on Thursday, April 24th. 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 on the stock. One equities research 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.com, the stock has an average rating of "Buy" and a consensus price target of $24.60.

Lincoln Educational Services Trading Up 0.3%

Shares of NASDAQ LINC opened at $22.46 on Monday. Lincoln Educational Services Co. has a fifty-two week low of $10.31 and a fifty-two week high of $24.20. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.53 and a current ratio of 1.57. The company has a market cap of $709.58 million, a price-to-earnings ratio of 70.19, a PEG ratio of 1.70 and a beta of 1.62. The business's 50 day moving average price is $19.81 and its 200-day moving average price is $17.44.

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

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.

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