17,755 Shares in Lincoln Educational Services Co. (NASDAQ:LINC) Acquired by Sanctuary Advisors LLC

Sanctuary Advisors LLC acquired a new position in shares of Lincoln Educational Services Co. (NASDAQ:LINC) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 17,755 shares of the company’s stock, valued at approximately $288,000. Sanctuary Advisors LLC owned about 0.06% of Lincoln Educational Services at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of LINC. Needham Investment Management LLC boosted its stake in Lincoln Educational Services by 71.4% during the 3rd quarter. Needham Investment Management LLC now owns 600,000 shares of the company’s stock worth $7,164,000 after acquiring an additional 250,000 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in Lincoln Educational Services by 248.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 39,646 shares of the company’s stock worth $473,000 after acquiring an additional 28,275 shares during the last quarter. Calamos Advisors LLC boosted its stake in Lincoln Educational Services by 38.7% during the 4th quarter. Calamos Advisors LLC now owns 91,629 shares of the company’s stock worth $1,450,000 after acquiring an additional 25,560 shares during the last quarter. Barclays PLC boosted its stake in Lincoln Educational Services by 259.0% during the 3rd quarter. Barclays PLC now owns 34,220 shares of the company’s stock worth $408,000 after acquiring an additional 24,688 shares during the last quarter. Finally, Jane Street Group LLC boosted its stake in Lincoln Educational Services by 63.6% during the 3rd quarter. Jane Street Group LLC now owns 38,367 shares of the company’s stock worth $458,000 after acquiring an additional 14,913 shares during the last quarter. Institutional investors own 72.23% of the company’s stock.

Insider Activity

In other news, major shareholder Juniper Investment Company, Ll sold 61,289 shares of Lincoln Educational Services stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of $16.19, for a total value of $992,268.91. Following the sale, the insider now directly owns 425,544 shares in the company, 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 Securities & Exchange Commission, which is available at the SEC website. 16.80% of the stock is owned by corporate insiders.

Lincoln Educational Services Stock Performance

Shares of LINC stock opened at $17.72 on Wednesday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.53 and a current ratio of 1.57. Lincoln Educational Services Co. has a 52 week low of $9.29 and a 52 week high of $19.79. The company has a market capitalization of $557.81 million, a P/E ratio of 55.38, a price-to-earnings-growth ratio of 1.70 and a beta of 1.61. The company’s 50 day moving average price is $16.42 and its two-hundred day moving average price is $14.63.

Lincoln Educational Services (NASDAQ:LINC) last posted its quarterly earnings data on Monday, February 24th. The company reported $0.31 earnings per share (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 company had revenue of $119.37 million for the quarter, compared to the consensus estimate of $110.50 million. On average, analysts expect that Lincoln Educational Services Co. will post 0.54 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms recently weighed in on LINC. Barrington Research reissued an “outperform” rating and set a $20.00 price objective on shares of Lincoln Educational Services in a research note on Wednesday, February 19th. B. Riley raised their target price on shares of Lincoln Educational Services from $15.00 to $20.00 and gave the stock a “buy” rating in a report on Thursday, November 7th. Finally, Rosenblatt Securities raised their target price on shares of Lincoln Educational Services from $20.00 to $24.00 and gave the stock a “buy” rating in a report on Tuesday, February 25th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $19.75.

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.