Lincoln Educational Services Co. (NASDAQ:LINC) Shares Acquired by Invesco Ltd.

Invesco Ltd. raised its holdings in shares of Lincoln Educational Services Co. (NASDAQ:LINC - Free Report) by 485.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 295,032 shares of the company's stock after buying an additional 244,657 shares during the period. Invesco Ltd. owned about 0.94% of Lincoln Educational Services worth $4,667,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Wells Fargo & Company MN grew its holdings in shares of Lincoln Educational Services by 27.8% in the fourth quarter. Wells Fargo & Company MN now owns 15,326 shares of the company's stock worth $242,000 after purchasing an additional 3,338 shares during the last quarter. Sanctuary Advisors LLC bought a new position in Lincoln Educational Services in the 4th quarter worth about $288,000. Trexquant Investment LP purchased a new stake in Lincoln Educational Services during the 4th quarter valued at $382,000. Barclays PLC increased its holdings in shares of Lincoln Educational Services by 259.0% in the 3rd quarter. Barclays PLC now owns 34,220 shares of the company's stock worth $408,000 after purchasing an additional 24,688 shares in the last quarter. Finally, Jane Street Group LLC lifted its holdings in shares of Lincoln Educational Services by 63.6% during the third quarter. Jane Street Group LLC now owns 38,367 shares of the company's stock valued at $458,000 after purchasing an additional 14,913 shares in the last quarter. 72.23% of the stock is currently owned by institutional investors.

Lincoln Educational Services Trading Up 2.3 %

LINC stock traded up $0.40 during mid-day trading on Thursday, reaching $17.30. The company had a trading volume of 35,688 shares, compared to its average volume of 150,925. The company has a market capitalization of $546.40 million, a PE ratio of 54.11, a price-to-earnings-growth ratio of 1.70 and a beta of 1.57. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.57 and a quick ratio of 1.53. Lincoln Educational Services Co. has a 12 month low of $10.06 and a 12 month high of $19.79. The firm has a 50 day moving average of $16.48 and a 200 day moving average of $15.85.

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

Analyst Ratings Changes

Several brokerages recently issued reports on LINC. Northland Capmk upgraded shares of Lincoln Educational Services to a "strong-buy" rating in a report on Thursday, April 24th. Northland Securities started coverage on shares of Lincoln Educational Services in a report on Thursday, April 24th. They issued an "outperform" rating and a $24.00 price objective on the stock. Barrington Research reaffirmed an "outperform" rating and set a $22.00 target price on shares of Lincoln Educational Services in a report on Wednesday, March 26th. B. Riley began coverage on shares of Lincoln Educational Services in a research report on Friday, March 28th. They issued a "buy" rating and a $23.00 price target on the stock. 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 equities research analyst has rated the stock with a hold rating, four have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Buy" and a consensus price target of $21.60.

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.