Lincoln Educational Services Co. (NASDAQ:LINC) Shares Acquired by Auxier Asset Management

Auxier Asset Management boosted its stake in Lincoln Educational Services Co. (NASDAQ:LINC) by 2.1% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 238,324 shares of the company’s stock after buying an additional 5,000 shares during the period. Auxier Asset Management owned 0.76% of Lincoln Educational Services worth $2,827,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the stock. Herr Investment Group LLC increased its position in shares of Lincoln Educational Services by 3.9% during the 1st quarter. Herr Investment Group LLC now owns 2,355,737 shares of the company’s stock valued at $24,335,000 after purchasing an additional 88,335 shares during the period. Vanguard Group Inc. grew its holdings in Lincoln Educational Services by 11.3% during the first quarter. Vanguard Group Inc. now owns 1,343,181 shares of the company’s stock worth $13,875,000 after acquiring an additional 136,334 shares during the period. Dimensional Fund Advisors LP raised its position in Lincoln Educational Services by 5.5% in the second quarter. Dimensional Fund Advisors LP now owns 970,425 shares of the company’s stock worth $11,509,000 after acquiring an additional 50,737 shares in the last quarter. First Eagle Investment Management LLC lifted its holdings in Lincoln Educational Services by 25.4% in the 2nd quarter. First Eagle Investment Management LLC now owns 768,851 shares of the company’s stock valued at $9,119,000 after acquiring an additional 155,754 shares during the last quarter. Finally, Renaissance Technologies LLC boosted its position in shares of Lincoln Educational Services by 12.6% during the 2nd quarter. Renaissance Technologies LLC now owns 645,678 shares of the company’s stock valued at $7,658,000 after purchasing an additional 72,400 shares in the last quarter. Institutional investors and hedge funds own 72.23% of the company’s stock.

Lincoln Educational Services Stock Down 0.9 %

Shares of NASDAQ:LINC opened at $12.47 on Friday. The firm has a 50 day simple moving average of $12.56 and a 200 day simple moving average of $11.45. Lincoln Educational Services Co. has a 52 week low of $7.88 and a 52 week high of $14.52. 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 company has a market cap of $392.11 million, a PE ratio of 14.67, a price-to-earnings-growth ratio of 1.55 and a beta of 1.42.

Lincoln Educational Services (NASDAQ:LINC) last released its earnings results on Thursday, August 8th. The company reported $0.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.07. Lincoln Educational Services had a return on equity of 10.38% and a net margin of 1.95%. The company had revenue of $102.91 million during the quarter, compared to analyst estimates of $99.60 million. As a group, research analysts expect that Lincoln Educational Services Co. will post 0.51 earnings per share for the current year.

Insider Buying and Selling at Lincoln Educational Services

In other news, major shareholder Juniper Investment Company, Ll sold 2,270 shares of the stock in a transaction that occurred on Monday, August 19th. The shares were sold at an average price of $12.04, for a total value of $27,330.80. Following the completion of the sale, the insider now directly owns 874,140 shares of the company’s stock, valued at $10,524,645.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders have sold a total of 40,819 shares of company stock valued at $490,481 in the last 90 days. 16.80% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the stock. Barrington Research reiterated an “outperform” rating and issued a $16.00 target price on shares of Lincoln Educational Services in a report on Friday. Rosenblatt Securities upped their price target on Lincoln Educational Services from $15.00 to $17.00 and gave the company a “buy” rating in a report on Friday, August 9th. Finally, StockNews.com cut Lincoln Educational Services from a “buy” rating to a “hold” rating in a report 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 MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus 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.