First Eagle Investment Management LLC Raises Stock Holdings in Lincoln Educational Services Co. (NASDAQ:LINC)

First Eagle Investment Management LLC boosted its holdings in Lincoln Educational Services Co. (NASDAQ:LINC) by 25.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 768,851 shares of the company’s stock after purchasing an additional 155,754 shares during the period. First Eagle Investment Management LLC owned about 2.45% of Lincoln Educational Services worth $9,119,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Gladius Capital Management LP purchased a new position in shares of Lincoln Educational Services in the 2nd quarter worth about $33,000. Pullen Investment Management LLC raised its position in Lincoln Educational Services by 2.4% in the second quarter. Pullen Investment Management LLC now owns 124,832 shares of the company’s stock worth $1,481,000 after acquiring an additional 2,924 shares during the period. BNP Paribas Financial Markets boosted its stake in Lincoln Educational Services by 60.2% in the first quarter. BNP Paribas Financial Markets now owns 11,218 shares of the company’s stock valued at $116,000 after acquiring an additional 4,217 shares during the last quarter. Weil Company Inc. grew its position in shares of Lincoln Educational Services by 12.3% during the 2nd quarter. Weil Company Inc. now owns 41,125 shares of the company’s stock valued at $488,000 after acquiring an additional 4,500 shares during the period. Finally, Essex Investment Management Co. LLC increased its stake in shares of Lincoln Educational Services by 1.4% during the 1st quarter. Essex Investment Management Co. LLC now owns 420,360 shares of the company’s stock worth $4,342,000 after purchasing an additional 5,832 shares during the last quarter. Institutional investors own 72.23% of the company’s stock.

Insider Buying and Selling at Lincoln Educational Services

In other Lincoln Educational Services news, major shareholder Juniper Investment Company, Ll sold 17,031 shares of the company’s stock in a transaction dated Wednesday, August 14th. The stock was sold at an average price of $12.01, for a total value of $204,542.31. Following the transaction, the insider now directly owns 935,937 shares in the company, valued at approximately $11,240,603.37. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders sold a total of 40,819 shares of company stock valued at $490,481 in the last three months. Company insiders own 16.80% of the company’s stock.

Lincoln Educational Services Stock Performance

Shares of LINC opened at $12.58 on Friday. Lincoln Educational Services Co. has a 52-week low of $7.88 and a 52-week high of $14.52. The stock’s 50-day simple moving average is $12.55 and its 200 day simple moving average is $11.44. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.75 and a current ratio of 1.78. The stock has a market capitalization of $395.57 million, a price-to-earnings ratio of 14.80, a price-to-earnings-growth ratio of 1.55 and a beta of 1.42.

Lincoln Educational Services (NASDAQ:LINC) last announced its quarterly earnings results on Thursday, August 8th. The company reported $0.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.07. The firm had revenue of $102.91 million for the quarter, compared to the consensus estimate of $99.60 million. Lincoln Educational Services had a net margin of 1.95% and a return on equity of 10.38%. Research analysts forecast that Lincoln Educational Services Co. will post 0.51 EPS for the current fiscal year.

Analyst Ratings Changes

LINC has been the topic of several research analyst reports. Rosenblatt Securities upped their price objective on Lincoln Educational Services from $15.00 to $17.00 and gave the company a “buy” rating in a research note on Friday, August 9th. Barrington Research reiterated an “outperform” rating and set a $16.00 price target on shares of Lincoln Educational Services in a research note on Thursday, August 8th. Finally, StockNews.com cut Lincoln Educational Services from a “buy” rating to a “hold” rating in a research note on Friday, September 6th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $15.75.

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.