Charles Schwab Investment Management Inc. Sells 2,096 Shares of Lincoln Educational Services Co. (NASDAQ:LINC)

Charles Schwab Investment Management Inc. lowered its position in shares of Lincoln Educational Services Co. (NASDAQ:LINC) by 2.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 72,839 shares of the company’s stock after selling 2,096 shares during the quarter. Charles Schwab Investment Management Inc. owned about 0.23% of Lincoln Educational Services worth $1,152,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Geode Capital Management LLC boosted its position in shares of Lincoln Educational Services by 1.9% during the 3rd quarter. Geode Capital Management LLC now owns 636,160 shares of the company’s stock valued at $7,598,000 after purchasing an additional 11,650 shares in the last quarter. Needham Investment Management LLC boosted its holdings in shares of 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 buying an additional 250,000 shares in the last quarter. State Street Corp grew its position in shares of Lincoln Educational Services by 3.0% during the 3rd quarter. State Street Corp now owns 440,136 shares of the company’s stock worth $5,255,000 after buying an additional 12,938 shares during the period. Calamos Advisors LLC increased its stake in shares of Lincoln Educational Services by 38.7% in the 4th quarter. Calamos Advisors LLC now owns 91,629 shares of the company’s stock valued at $1,450,000 after acquiring an additional 25,560 shares in the last quarter. Finally, Bailard Inc. boosted its stake in Lincoln Educational Services by 24.5% during the fourth quarter. Bailard Inc. now owns 84,900 shares of the company’s stock worth $1,343,000 after acquiring an additional 16,693 shares in the last quarter. 72.23% of the stock is currently owned by institutional investors and hedge funds.

Lincoln Educational Services Trading Down 1.8 %

LINC opened at $15.71 on Monday. Lincoln Educational Services Co. has a fifty-two week low of $9.51 and a fifty-two week high of $19.79. The firm has a market capitalization of $496.33 million, a PE ratio of 49.10, a P/E/G ratio of 1.70 and a beta of 1.61. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.57 and a quick ratio of 1.53. The company’s 50-day moving average is $16.54 and its 200 day moving average is $15.10.

Lincoln Educational Services (NASDAQ:LINC) last issued its quarterly earnings data on Monday, February 24th. The company reported $0.31 EPS for the quarter, topping the consensus estimate of $0.20 by $0.11. Lincoln Educational Services had a return on equity of 10.60% and a net margin of 2.33%. The firm had revenue of $119.37 million during the quarter, compared to the consensus estimate of $110.50 million. As a group, research analysts predict that Lincoln Educational Services Co. will post 0.54 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on LINC shares. Rosenblatt Securities lifted their price target on shares of Lincoln Educational Services from $20.00 to $24.00 and gave the company a “buy” rating in a research note on Tuesday, February 25th. Barrington Research reaffirmed an “outperform” rating and set a $22.00 price target on shares of Lincoln Educational Services in a research note on Wednesday, March 26th. Finally, B. Riley started coverage on Lincoln Educational Services in a research note on Friday. They issued a “buy” rating and a $23.00 price objective for the company. One analyst has rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $21.00.

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.