Lincoln Educational Services Co. (NASDAQ:LINC) Shares Purchased by SG Americas Securities LLC

SG Americas Securities LLC raised its stake in shares of Lincoln Educational Services Co. (NASDAQ:LINC) by 31.1% in the 4th quarter, HoldingsChannel.com reports. The firm owned 13,410 shares of the company’s stock after purchasing an additional 3,182 shares during the quarter. SG Americas Securities LLC’s holdings in Lincoln Educational Services were worth $135,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Alyeska Investment Group L.P. grew its stake in Lincoln Educational Services by 4.9% during the first quarter. Alyeska Investment Group L.P. now owns 1,619,188 shares of the company’s stock worth $11,577,000 after buying an additional 75,699 shares during the period. Vanguard Group Inc. grew its stake in Lincoln Educational Services by 15.5% during the first quarter. Vanguard Group Inc. now owns 1,424,721 shares of the company’s stock worth $10,186,000 after buying an additional 191,276 shares during the period. BlackRock Inc. grew its stake in Lincoln Educational Services by 174.4% during the second quarter. BlackRock Inc. now owns 1,341,270 shares of the company’s stock worth $9,040,000 after buying an additional 852,397 shares during the period. Renaissance Technologies LLC grew its stake in Lincoln Educational Services by 12.4% during the first quarter. Renaissance Technologies LLC now owns 850,278 shares of the company’s stock worth $6,079,000 after buying an additional 93,500 shares during the period. Finally, Dimensional Fund Advisors LP grew its stake in Lincoln Educational Services by 19.3% during the fourth quarter. Dimensional Fund Advisors LP now owns 766,299 shares of the company’s stock worth $4,437,000 after buying an additional 123,963 shares during the period. Institutional investors and hedge funds own 72.23% of the company’s stock.

Analyst Ratings Changes

Several research firms have issued reports on LINC. StockNews.com upgraded shares of Lincoln Educational Services from a “hold” rating to a “buy” rating in a research note on Saturday, March 2nd. 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. Rosenblatt Securities restated a “buy” rating and issued a $13.50 target price on shares of Lincoln Educational Services in a research note on Thursday, March 21st. Finally, Barrington Research restated an “outperform” rating and issued a $12.00 target price on shares of Lincoln Educational Services in a research note on Tuesday, February 13th.

Insider Buying and Selling at Lincoln Educational Services

In other Lincoln Educational Services news, major shareholder Juniper Investment Company, Ll sold 169,592 shares of the stock in a transaction on Tuesday, February 27th. The shares were sold at an average price of $10.13, for a total transaction of $1,717,966.96. Following the transaction, the insider now directly owns 1,436,631 shares in the company, valued at approximately $14,553,072.03. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other Lincoln Educational Services news, major shareholder Juniper Investment Company, Ll sold 169,592 shares of the stock in a transaction on Tuesday, February 27th. The shares were sold at an average price of $10.13, for a total transaction of $1,717,966.96. Following the transaction, the insider now directly owns 1,436,631 shares in the company, valued at approximately $14,553,072.03. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director J Barry Morrow sold 5,252 shares of the stock in a transaction on Wednesday, February 28th. The stock was sold at an average price of $10.08, for a total transaction of $52,940.16. Following the sale, the director now directly owns 122,911 shares in the company, valued at $1,238,942.88. The disclosure for this sale can be found here. Insiders have sold 583,692 shares of company stock worth $5,858,793 in the last ninety days. 16.80% of the stock is owned by insiders.

Lincoln Educational Services Price Performance

Shares of LINC stock opened at $9.69 on Thursday. Lincoln Educational Services Co. has a twelve month low of $5.44 and a twelve month high of $10.81. The company has a current ratio of 1.83, a quick ratio of 1.79 and a debt-to-equity ratio of 0.10. The company has a market capitalization of $304.75 million, a PE ratio of 11.27, a price-to-earnings-growth ratio of 1.59 and a beta of 1.34. The firm has a fifty day simple moving average of $10.03 and a 200-day simple moving average of $9.50.

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