Lincoln Educational Services Co. (NASDAQ:LINC) Shares Acquired by JPMorgan Chase & Co.

JPMorgan Chase & Co. boosted its stake in shares of Lincoln Educational Services Co. (NASDAQ:LINC - Free Report) by 190.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 115,177 shares of the company's stock after buying an additional 75,531 shares during the quarter. JPMorgan Chase & Co. owned 0.37% of Lincoln Educational Services worth $1,822,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. State Street Corp boosted its position in shares of Lincoln Educational Services by 3.0% during the 3rd quarter. State Street Corp now owns 440,136 shares of the company's stock worth $5,255,000 after purchasing an additional 12,938 shares during the period. Jane Street Group LLC boosted its position 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 worth $458,000 after buying an additional 14,913 shares during the period. Barclays PLC grew its stake in shares of Lincoln Educational Services by 259.0% in the third quarter. Barclays PLC now owns 34,220 shares of the company's stock valued at $408,000 after buying an additional 24,688 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Lincoln Educational Services by 1.9% in the 3rd quarter. Geode Capital Management LLC now owns 636,160 shares of the company's stock valued at $7,598,000 after buying an additional 11,650 shares during the period. Finally, Calamos Advisors LLC lifted its stake in 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 acquiring an additional 25,560 shares in the last quarter. 72.23% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have weighed in on LINC. Barrington Research reaffirmed an "outperform" rating and issued a $22.00 target price on shares of Lincoln Educational Services in a research report on Wednesday, March 26th. Northland Securities initiated coverage on Lincoln Educational Services in a research report on Thursday, April 24th. They issued an "outperform" rating and a $24.00 price target on the stock. Northland Capmk raised shares of Lincoln Educational Services to a "strong-buy" rating in a research report on Thursday, April 24th. Rosenblatt Securities upped 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 note on Tuesday, February 25th. Finally, B. Riley initiated coverage on Lincoln Educational Services in a report on Friday, March 28th. They issued a "buy" rating and a $23.00 target price for the company. One research analyst has rated the stock with a hold rating, four have assigned a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus price target of $21.60.

Lincoln Educational Services Trading Down 1.3 %

Lincoln Educational Services stock traded down $0.23 during trading on Wednesday, reaching $16.90. The company had a trading volume of 333,145 shares, compared to its average volume of 151,364. 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 firm has a market capitalization of $533.92 million, a price-to-earnings ratio of 52.81, a PEG ratio of 1.70 and a beta of 1.57. Lincoln Educational Services Co. has a 12-month low of $10.06 and a 12-month high of $19.79. The stock's 50 day moving average price is $16.48 and its two-hundred day moving average price is $15.85.

Lincoln Educational Services (NASDAQ:LINC - Get Free Report) last announced its quarterly earnings results on Monday, February 24th. The company reported $0.31 EPS for the quarter, topping the consensus estimate of $0.20 by $0.11. The company had revenue of $119.37 million during the quarter, compared to analyst estimates of $110.50 million. Lincoln Educational Services had a return on equity of 10.60% and a net margin of 2.33%. As a group, equities analysts expect that Lincoln Educational Services Co. will post 0.54 earnings per share for the current fiscal year.

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.