Barrington Research Reaffirms Outperform Rating for Lincoln Educational Services (NASDAQ:LINC)

Lincoln Educational Services (NASDAQ:LINC)‘s stock had its “outperform” rating restated by equities researchers at Barrington Research in a report released on Wednesday,Benzinga reports. They presently have a $20.00 target price on the stock. Barrington Research’s price target would suggest a potential upside of 13.38% from the stock’s previous close.

Separately, B. Riley increased their target price on Lincoln Educational Services from $15.00 to $20.00 and gave the stock a “buy” rating in a research note on Thursday, November 7th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $18.00.

Lincoln Educational Services Stock Down 1.9 %

Shares of NASDAQ:LINC opened at $17.64 on Wednesday. Lincoln Educational Services has a 52-week low of $9.29 and a 52-week high of $18.74. The firm has a market capitalization of $555.29 million, a P/E ratio of 55.13, a P/E/G ratio of 1.73 and a beta of 1.41. The stock has a 50 day moving average price of $16.11 and a 200-day moving average price of $14.31. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.53 and a current ratio of 1.57.

Insider Transactions at Lincoln Educational Services

In related news, EVP Chad D. Nyce sold 9,977 shares of the stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $16.50, for a total transaction of $164,620.50. Following the transaction, the executive vice president now owns 144,669 shares in the company, valued at $2,387,038.50. This represents a 6.45 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder Juniper Investment Company, Ll sold 15,827 shares of the stock in a transaction that occurred on Thursday, December 5th. The shares were sold at an average price of $16.12, for a total transaction of $255,131.24. Following the transaction, the insider now owns 546,833 shares in the company, valued at approximately $8,814,947.96. This trade represents a 2.81 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 182,090 shares of company stock worth $2,987,371. Corporate insiders own 16.80% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its position in Lincoln Educational Services by 1.1% during the fourth quarter. Vanguard Group Inc. now owns 1,418,725 shares of the company’s stock valued at $22,444,000 after purchasing an additional 14,772 shares during the period. Alyeska Investment Group L.P. lifted its position in Lincoln Educational Services by 43.1% during the fourth quarter. Alyeska Investment Group L.P. now owns 1,123,143 shares of the company’s stock valued at $17,768,000 after purchasing an additional 338,495 shares during the period. Dimensional Fund Advisors LP lifted its position in Lincoln Educational Services by 5.0% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,071,560 shares of the company’s stock valued at $16,952,000 after purchasing an additional 51,430 shares during the period. First Eagle Investment Management LLC lifted its position in Lincoln Educational Services by 5.2% during the fourth quarter. First Eagle Investment Management LLC now owns 833,093 shares of the company’s stock valued at $13,180,000 after purchasing an additional 41,442 shares during the period. Finally, Renaissance Technologies LLC lifted its position in Lincoln Educational Services by 6.5% during the fourth quarter. Renaissance Technologies LLC now owns 690,378 shares of the company’s stock valued at $10,922,000 after purchasing an additional 42,000 shares during the period. Institutional investors own 72.23% of the company’s stock.

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.