Vanguard Group Inc. Boosts Stock Position in Lincoln Educational Services Co. (NASDAQ:LINC)

Vanguard Group Inc. increased its holdings in Lincoln Educational Services Co. (NASDAQ:LINC - Free Report) by 1.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,418,725 shares of the company's stock after acquiring an additional 14,772 shares during the period. Vanguard Group Inc. owned about 4.51% of Lincoln Educational Services worth $22,444,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. First Eagle Investment Management LLC boosted its position in 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 worth $13,180,000 after purchasing an additional 41,442 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. boosted its holdings in shares of Lincoln Educational Services by 12.4% in the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 118,463 shares of the company's stock worth $1,874,000 after buying an additional 13,099 shares during the last quarter. Bailard Inc. grew its position in Lincoln Educational Services by 24.5% during the fourth quarter. Bailard Inc. now owns 84,900 shares of the company's stock valued at $1,343,000 after buying an additional 16,693 shares during the period. AMH Equity Ltd increased its holdings in Lincoln Educational Services by 60.0% during the fourth quarter. AMH Equity Ltd now owns 80,000 shares of the company's stock worth $1,266,000 after buying an additional 30,000 shares during the last quarter. Finally, Sanctuary Advisors LLC purchased a new stake in Lincoln Educational Services during the fourth quarter worth about $288,000. 72.23% of the stock is owned by hedge funds and other institutional investors.

Lincoln Educational Services Price Performance

Shares of LINC traded down $0.02 during trading hours on Friday, reaching $17.18. 222,000 shares of the company's stock traded hands, compared to its average volume of 147,150. Lincoln Educational Services Co. has a 12 month low of $9.70 and a 12 month high of $19.79. 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 stock has a market cap of $542.77 million, a PE ratio of 53.69, a price-to-earnings-growth ratio of 1.70 and a beta of 1.57. The firm's 50 day simple moving average is $16.55 and its 200-day simple moving average is $15.62.

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

Analysts Set New Price Targets

LINC has been the subject of a number of research reports. Barrington Research reissued an "outperform" rating and set a $22.00 target price on shares of Lincoln Educational Services in a research report on Wednesday, March 26th. Rosenblatt Securities boosted their target price on 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 began coverage on 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 research 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 stock. According to MarketBeat.com, Lincoln Educational Services has a consensus rating of "Buy" and a consensus target price of $21.00.

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.