G2 Investment Partners Management LLC Cuts Stock Position in Lincoln Educational Services Co. (NASDAQ:LINC)

G2 Investment Partners Management LLC reduced its position in Lincoln Educational Services Co. (NASDAQ:LINC - Free Report) by 22.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 117,907 shares of the company's stock after selling 34,310 shares during the period. G2 Investment Partners Management LLC owned about 0.37% of Lincoln Educational Services worth $1,865,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. increased its position in shares of 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 in the last quarter. Alyeska Investment Group L.P. increased its holdings in Lincoln Educational Services by 43.1% during 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 acquiring an additional 338,495 shares in the last quarter. Dimensional Fund Advisors LP raised its position in Lincoln Educational Services by 5.0% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,071,560 shares of the company's stock worth $16,952,000 after acquiring an additional 51,430 shares during the last quarter. First Eagle Investment Management LLC lifted its holdings in shares of Lincoln Educational Services by 5.2% in the fourth 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 in the last quarter. Finally, Renaissance Technologies LLC grew its position 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 valued at $10,922,000 after purchasing an additional 42,000 shares during the last quarter. 72.23% of the stock is owned by institutional investors and hedge funds.

Lincoln Educational Services Trading Up 4.0%

LINC traded up $0.80 during midday trading on Friday, hitting $20.92. The company's stock had a trading volume of 643,654 shares, compared to its average volume of 153,663. Lincoln Educational Services Co. has a 52-week low of $10.06 and a 52-week high of $21.15. The firm has a 50-day moving average price of $16.59 and a two-hundred day moving average price of $16.20. The company has a current ratio of 1.57, a quick ratio of 1.53 and a debt-to-equity ratio of 0.17. The firm has a market cap of $660.93 million, a P/E ratio of 65.38, a PEG ratio of 1.70 and a beta of 1.63.

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

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on LINC shares. Northland Capmk raised Lincoln Educational Services to a "strong-buy" rating in a research note on Thursday, April 24th. Northland Securities started coverage on Lincoln Educational Services in a research note on Thursday, April 24th. They set an "outperform" rating and a $24.00 price objective on the stock. B. Riley began coverage on shares of Lincoln Educational Services in a report on Friday, March 28th. They issued a "buy" rating and a $23.00 target price on the stock. Barrington Research reiterated an "outperform" rating and set a $22.00 price target on shares of Lincoln Educational Services in a report on Wednesday, March 26th. Finally, Rosenblatt Securities boosted their price objective on shares of Lincoln Educational Services from $20.00 to $24.00 and gave the company a "buy" rating in a research report on Tuesday, February 25th. One research analyst has rated the stock with a hold rating, three have issued a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Buy" and an average target price of $23.25.

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.