Trexquant Investment LP Purchases Shares of 24,137 Lincoln Educational Services Co. (NASDAQ:LINC)

Trexquant Investment LP acquired a new stake in shares of Lincoln Educational Services Co. (NASDAQ:LINC - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 24,137 shares of the company's stock, valued at approximately $382,000. Trexquant Investment LP owned about 0.08% of Lincoln Educational Services at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in LINC. JPMorgan Chase & Co. boosted its holdings in Lincoln Educational Services by 190.5% during the 4th quarter. JPMorgan Chase & Co. now owns 115,177 shares of the company's stock worth $1,822,000 after acquiring an additional 75,531 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its holdings in shares of Lincoln Educational Services by 28.6% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 291,814 shares of the company's stock valued at $4,616,000 after acquiring an additional 64,954 shares in the last quarter. First Eagle Investment Management LLC grew 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 acquiring an additional 41,442 shares in the last quarter. AMH Equity Ltd increased its position in shares of Lincoln Educational Services by 60.0% during the fourth 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, Calamos Advisors LLC boosted its position in Lincoln Educational Services by 38.7% in the fourth quarter. Calamos Advisors LLC now owns 91,629 shares of the company's stock worth $1,450,000 after purchasing an additional 25,560 shares during the last quarter. 72.23% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on LINC shares. Barrington Research reiterated an "outperform" rating and set a $22.00 target price on shares of Lincoln Educational Services in a research note on Wednesday, March 26th. Rosenblatt Securities boosted their target price 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 assumed coverage on shares of Lincoln Educational Services in a research note on Friday, March 28th. They set a "buy" rating and a $23.00 price target for the company. One investment analyst has rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Buy" and an average price target of $21.00.

Lincoln Educational Services Stock Performance

Shares of NASDAQ LINC traded down $0.02 during mid-day trading on Friday, hitting $17.18. The company had a trading volume of 222,000 shares, compared to its average volume of 146,789. The company has a current ratio of 1.57, a quick ratio of 1.53 and a debt-to-equity ratio of 0.17. Lincoln Educational Services Co. has a 1 year low of $9.51 and a 1 year high of $19.79. The company has a market capitalization of $542.77 million, a price-to-earnings ratio of 53.69, a P/E/G ratio of 1.70 and a beta of 1.57. The stock's 50-day moving average price is $16.55 and its 200-day moving average price is $15.52.

Lincoln Educational Services (NASDAQ:LINC - Get Free Report) last posted its 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 return on equity of 10.60% and a net margin of 2.33%. The business had revenue of $119.37 million during the quarter, compared to analyst estimates of $110.50 million. On average, sell-side analysts forecast that Lincoln Educational Services Co. will post 0.54 earnings per share for the current year.

About Lincoln Educational Services

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.