Lincoln Educational Services Co. (NASDAQ:LINC) Shares Acquired by Pullen Investment Management LLC

Pullen Investment Management LLC grew its stake in shares of Lincoln Educational Services Co. (NASDAQ:LINC - Free Report) by 45.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 209,755 shares of the company's stock after acquiring an additional 65,805 shares during the period. Lincoln Educational Services comprises about 2.2% of Pullen Investment Management LLC's holdings, making the stock its 7th biggest position. Pullen Investment Management LLC owned about 0.67% of Lincoln Educational Services worth $3,318,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. JPMorgan Chase & Co. raised its holdings in Lincoln Educational Services by 248.7% during the third quarter. JPMorgan Chase & Co. now owns 39,646 shares of the company's stock worth $473,000 after purchasing an additional 28,275 shares during the last quarter. Calamos Advisors LLC raised its stake in shares of Lincoln Educational Services by 38.7% during the 4th quarter. Calamos Advisors LLC now owns 91,629 shares of the company's stock worth $1,450,000 after buying an additional 25,560 shares during the last quarter. Sanctuary Advisors LLC purchased a new stake in shares of Lincoln Educational Services in the 4th quarter worth about $288,000. AMH Equity Ltd grew its stake in Lincoln Educational Services by 60.0% in the 4th quarter. AMH Equity Ltd now owns 80,000 shares of the company's stock valued at $1,266,000 after acquiring an additional 30,000 shares during the last quarter. Finally, Bailard Inc. increased its holdings in Lincoln Educational Services by 24.5% during the 4th quarter. Bailard Inc. now owns 84,900 shares of the company's stock valued at $1,343,000 after acquiring an additional 16,693 shares in the last quarter. Hedge funds and other institutional investors own 72.23% of the company's stock.

Lincoln Educational Services Trading Up 2.2%

Shares of LINC stock traded up $0.51 during mid-day trading on Friday, hitting $23.77. 249,304 shares of the company's stock were exchanged, compared to its average volume of 166,510. The stock has a market cap of $750.90 million, a price-to-earnings ratio of 74.51, a PEG ratio of 1.70 and a beta of 1.63. The company has a quick ratio of 1.53, a current ratio of 1.57 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 $24.08. The stock has a 50-day simple moving average of $18.35 and a two-hundred day simple moving average of $16.92.

Lincoln Educational Services (NASDAQ:LINC - Get Free Report) last issued its quarterly 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 firm 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%. Equities analysts expect that Lincoln Educational Services Co. will post 0.54 EPS for the current fiscal year.

Insider Transactions at Lincoln Educational Services

In other news, Director James J. Burke, Jr. sold 10,000 shares of the stock in a transaction on Thursday, May 15th. The shares were 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 13.60% of the company's stock.

Analyst Ratings Changes

Several analysts have issued reports on LINC shares. B. Riley reaffirmed a "buy" rating on shares of Lincoln Educational Services in a report on Tuesday, May 13th. Barrington Research upped their target price on Lincoln Educational Services from $22.00 to $25.00 and gave the company an "outperform" rating in a research note on Monday, May 12th. Rosenblatt Securities raised their price target on Lincoln Educational Services from $24.00 to $25.00 and gave the stock a "buy" rating in a research report on Tuesday, May 13th. Northland Capmk upgraded Lincoln Educational Services to a "strong-buy" rating in a research report on Thursday, April 24th. Finally, Northland Securities assumed coverage on 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 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 MarketBeat.com, the company has an average rating of "Buy" and a consensus price target of $24.60.

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.