Lincoln Educational Services Co. (NASDAQ:LINC) Shares Bought by Bailard Inc.

Bailard Inc. boosted its stake in shares of Lincoln Educational Services Co. (NASDAQ:LINC) by 24.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 84,900 shares of the company’s stock after buying an additional 16,693 shares during the quarter. Bailard Inc. owned 0.27% of Lincoln Educational Services worth $1,343,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Charles Schwab Investment Management Inc. lifted its holdings in shares of Lincoln Educational Services by 3.5% in the third quarter. Charles Schwab Investment Management Inc. now owns 74,935 shares of the company’s stock valued at $895,000 after purchasing an additional 2,545 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. lifted its holdings in shares of Lincoln Educational Services by 10.6% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 105,364 shares of the company’s stock valued at $1,258,000 after purchasing an additional 10,081 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Lincoln Educational Services by 1.9% in the third quarter. Geode Capital Management LLC now owns 636,160 shares of the company’s stock valued at $7,598,000 after purchasing an additional 11,650 shares in the last quarter. Janus Henderson Group PLC purchased a new stake in shares of Lincoln Educational Services in the third quarter valued at about $144,000. Finally, State Street Corp lifted its holdings in shares of Lincoln Educational Services by 3.0% in the third quarter. State Street Corp now owns 440,136 shares of the company’s stock valued at $5,255,000 after purchasing an additional 12,938 shares in the last quarter. 72.23% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Lincoln Educational Services news, major shareholder Juniper Investment Company, Ll sold 61,289 shares of the stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of $16.19, for a total transaction of $992,268.91. Following the transaction, the insider now owns 425,544 shares of the company’s stock, valued at $6,889,557.36. This trade represents a 12.59 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 16.80% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several analysts have issued reports on the stock. Barrington Research reaffirmed an “outperform” rating and issued a $20.00 price target on shares of Lincoln Educational Services in a report on Wednesday, February 19th. 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 upped their price objective on shares of Lincoln Educational Services from $15.00 to $20.00 and gave the company a “buy” rating in a research note on Thursday, November 7th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $19.75.

Lincoln Educational Services Stock Performance

Shares of LINC opened at $18.19 on Tuesday. 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 company has a market capitalization of $572.60 million, a price-to-earnings ratio of 56.85, a PEG ratio of 1.70 and a beta of 1.41. The company’s 50 day simple moving average is $16.36 and its 200 day simple moving average is $14.59. Lincoln Educational Services Co. has a 1 year low of $9.29 and a 1 year high of $19.79.

Lincoln Educational Services (NASDAQ:LINC) last posted its quarterly earnings results on Monday, February 24th. The company reported $0.31 earnings per share for the quarter, topping analysts’ consensus estimates of $0.20 by $0.11. The company had revenue of $119.37 million for 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, sell-side analysts predict that Lincoln Educational Services Co. will post 0.54 EPS for the current year.

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.