Lincoln Educational Services (NASDAQ:LINC) Shares Pass Above 200-Day Moving Average of $6.14

Lincoln Educational Services Co. (NASDAQ:LINCGet Rating) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $6.14 and traded as high as $6.58. Lincoln Educational Services shares last traded at $6.46, with a volume of 28,835 shares.

Wall Street Analyst Weigh In

LINC has been the subject of a number of research analyst reports. StockNews.com raised shares of Lincoln Educational Services from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, October 5th. Rosenblatt Securities initiated coverage on shares of Lincoln Educational Services in a research note on Thursday, September 8th. They issued a “buy” rating and a $8.00 target price for the company. Finally, Barrington Research reduced their target price on shares of Lincoln Educational Services from $9.50 to $8.50 and set an “outperform” rating for the company in a research note on Tuesday, August 9th. Four research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of $8.63.

Lincoln Educational Services Trading Down 1.1 %

The stock’s 50 day moving average price is $5.77 and its 200 day moving average price is $6.14. The company has a market capitalization of $169.61 million, a price-to-earnings ratio of 7.78, a P/E/G ratio of 1.20 and a beta of 0.92.

Hedge Funds Weigh In On Lincoln Educational Services

A number of large investors have recently modified their holdings of LINC. Virtu Financial LLC acquired a new stake in Lincoln Educational Services in the 1st quarter valued at about $76,000. Lazard Asset Management LLC acquired a new stake in Lincoln Educational Services in the 2nd quarter valued at about $84,000. Stokes Family Office LLC lifted its stake in Lincoln Educational Services by 44.6% in the 2nd quarter. Stokes Family Office LLC now owns 16,534 shares of the company’s stock valued at $104,000 after purchasing an additional 5,096 shares during the last quarter. Delphia USA Inc. acquired a new stake in Lincoln Educational Services in the 1st quarter valued at about $112,000. Finally, Commonwealth Equity Services LLC bought a new position in Lincoln Educational Services in the 2nd quarter valued at about $137,000. 59.63% of the stock is currently owned by institutional investors and hedge funds.

Lincoln Educational Services Company Profile

(Get Rating)

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: Transportation and Skilled Trades, and Healthcare and Other Professions.

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