Dimensional Fund Advisors LP grew its position in shares of Lincoln Educational Services Co. (NASDAQ:LINC – Free Report) by 5.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,071,560 shares of the company’s stock after buying an additional 51,430 shares during the quarter. Dimensional Fund Advisors LP owned approximately 3.40% of Lincoln Educational Services worth $16,952,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors have also made changes to their positions in the company. Summit Investment Advisors Inc. lifted its stake in Lincoln Educational Services by 39.6% in the fourth quarter. Summit Investment Advisors Inc. now owns 2,731 shares of the company’s stock valued at $43,000 after acquiring an additional 775 shares during the last quarter. Wells Fargo & Company MN lifted its stake in shares of Lincoln Educational Services by 27.8% in the 4th quarter. Wells Fargo & Company MN now owns 15,326 shares of the company’s stock valued at $242,000 after purchasing an additional 3,338 shares during the last quarter. Sanctuary Advisors LLC bought a new stake in Lincoln Educational Services in the fourth quarter worth $288,000. Trexquant Investment LP acquired a new position in Lincoln Educational Services during the fourth quarter worth $382,000. Finally, Barclays PLC raised its holdings in Lincoln Educational Services by 259.0% during the third quarter. Barclays PLC now owns 34,220 shares of the company’s stock valued at $408,000 after buying an additional 24,688 shares in the last quarter. Institutional investors own 72.23% of the company’s stock.
Analyst Ratings Changes
A number of research analysts have recently commented on LINC shares. Rosenblatt Securities increased their price objective on Lincoln Educational Services from $20.00 to $24.00 and gave the company a “buy” rating in a report on Tuesday, February 25th. Northland Capmk raised shares of Lincoln Educational Services to a “strong-buy” rating in a research report on Thursday, April 24th. Northland Securities started coverage on shares of Lincoln Educational Services in a research note on Thursday, April 24th. They issued an “outperform” rating and a $24.00 target price on the stock. B. Riley began coverage on shares of Lincoln Educational Services in a research report on Friday, March 28th. They set a “buy” rating and a $23.00 target price for the company. Finally, Barrington Research reaffirmed an “outperform” rating and issued a $22.00 price target on shares of Lincoln Educational Services in a research report on Wednesday, March 26th. One analyst has rated the stock with a hold rating, three have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of $23.25.
Lincoln Educational Services Trading Up 1.5 %
Shares of LINC stock opened at $18.70 on Thursday. The company has a current ratio of 1.57, a quick ratio of 1.53 and a debt-to-equity ratio of 0.17. Lincoln Educational Services Co. has a 1 year low of $10.06 and a 1 year high of $19.79. The firm’s fifty day simple moving average is $16.49 and its 200 day simple moving average is $16.04. The firm has a market capitalization of $590.63 million, a P/E ratio of 58.42, a price-to-earnings-growth ratio of 1.70 and a beta of 1.63.
Lincoln Educational Services (NASDAQ:LINC – Get Free Report) last announced its quarterly earnings data on Monday, February 24th. The company reported $0.31 EPS for the quarter, beating analysts’ consensus estimates of $0.20 by $0.11. Lincoln Educational Services had a net margin of 2.33% and a return on equity of 10.60%. The business had revenue of $119.37 million during the quarter, compared to analyst estimates of $110.50 million. As a group, 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.
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