Lincoln Educational Services Co. (NASDAQ:LINC) Stake Reduced by Bailard Inc.

Bailard Inc. cut its holdings in Lincoln Educational Services Co. (NASDAQ:LINC) by 27.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 71,345 shares of the company’s stock after selling 26,700 shares during the quarter. Bailard Inc. owned about 0.23% of Lincoln Educational Services worth $716,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of LINC. New York State Common Retirement Fund grew its stake in Lincoln Educational Services by 1,513.5% during the 4th quarter. New York State Common Retirement Fund now owns 8,600 shares of the company’s stock valued at $86,000 after acquiring an additional 8,067 shares in the last quarter. SG Americas Securities LLC grew its stake in shares of Lincoln Educational Services by 31.1% in the 4th quarter. SG Americas Securities LLC now owns 13,410 shares of the company’s stock valued at $135,000 after buying an additional 3,182 shares in the last quarter. Quadrature Capital Ltd bought a new stake in shares of Lincoln Educational Services in the 3rd quarter valued at approximately $221,000. Connor Clark & Lunn Investment Management Ltd. grew its stake in shares of Lincoln Educational Services by 157.9% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 36,251 shares of the company’s stock valued at $306,000 after buying an additional 22,193 shares in the last quarter. Finally, EAM Investors LLC bought a new stake in shares of Lincoln Educational Services in the 3rd quarter valued at approximately $1,752,000. Hedge funds and other institutional investors own 72.23% of the company’s stock.

Insider Buying and Selling at Lincoln Educational Services

In other news, major shareholder Juniper Investment Company, Ll sold 169,592 shares of the firm’s stock in a transaction dated Tuesday, February 27th. The stock was sold at an average price of $10.13, for a total transaction of $1,717,966.96. Following the sale, the insider now owns 1,436,631 shares of the company’s stock, valued at $14,553,072.03. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In other news, major shareholder Juniper Investment Company, Ll sold 169,592 shares of Lincoln Educational Services stock in a transaction that occurred on Tuesday, February 27th. The stock was sold at an average price of $10.13, for a total transaction of $1,717,966.96. Following the completion of the transaction, the insider now directly owns 1,436,631 shares in the company, valued at approximately $14,553,072.03. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director J Barry Morrow sold 22,610 shares of Lincoln Educational Services stock in a transaction that occurred on Wednesday, March 6th. The stock was sold at an average price of $10.04, for a total value of $227,004.40. Following the transaction, the director now owns 63,356 shares of the company’s stock, valued at $636,094.24. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 583,692 shares of company stock valued at $5,858,793. 16.80% of the stock is currently owned by company insiders.

Lincoln Educational Services Stock Performance

Shares of NASDAQ:LINC opened at $10.11 on Friday. The business’s fifty day moving average price is $9.99 and its two-hundred day moving average price is $9.54. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.83 and a quick ratio of 1.79. The stock has a market capitalization of $317.96 million, a price-to-earnings ratio of 11.76, a price-to-earnings-growth ratio of 1.62 and a beta of 1.34. Lincoln Educational Services Co. has a fifty-two week low of $5.44 and a fifty-two week high of $10.81.

Lincoln Educational Services (NASDAQ:LINC) last issued its quarterly earnings results on Monday, February 26th. The company reported $0.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.28 by $0.04. Lincoln Educational Services had a return on equity of 9.63% and a net margin of 6.88%. The business had revenue of $102.52 million for the quarter, compared to analyst estimates of $97.78 million. During the same quarter in the prior year, the firm posted $0.32 earnings per share. As a group, analysts predict that Lincoln Educational Services Co. will post 0.41 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on LINC shares. Rosenblatt Securities restated a “buy” rating and issued a $13.50 target price on shares of Lincoln Educational Services in a report on Thursday, March 21st. Barrington Research reiterated an “outperform” rating and set a $12.00 price target on shares of Lincoln Educational Services in a report on Tuesday, February 13th. StockNews.com upgraded Lincoln Educational Services from a “hold” rating to a “buy” rating in a report on Saturday, March 2nd. Finally, B. Riley restated a “buy” rating and issued a $14.00 target price (up from $12.00) on shares of Lincoln Educational Services in a research note on Thursday, March 21st.

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.