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

Sanctuary Advisors LLC purchased a new stake in Lincoln Educational Services Co. (NASDAQ:LINC - Free Report) in the fourth quarter, according to its most recent filing with the SEC. The fund purchased 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 quarter.

A number of other institutional investors have also made changes to their positions in the company. Geode Capital Management LLC increased its stake in Lincoln Educational Services by 1.9% during the third 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 during the last quarter. Needham Investment Management LLC grew its position 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 valued at $7,164,000 after buying an additional 250,000 shares during the last quarter. State Street Corp grew its holdings in shares of Lincoln Educational Services by 3.0% during the third quarter. State Street Corp now owns 440,136 shares of the company's stock valued at $5,255,000 after purchasing an additional 12,938 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its holdings in shares of Lincoln Educational Services by 10.6% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 105,364 shares of the company's stock valued at $1,258,000 after purchasing an additional 10,081 shares during the last quarter. Finally, Calamos Advisors LLC grew 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 buying an additional 25,560 shares during the last quarter. 72.23% of the stock is currently owned by institutional investors.

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Analysts Set New Price Targets

A number of research analysts recently commented on the company. Barrington Research restated an "outperform" rating and set a $20.00 price objective on shares of Lincoln Educational Services in a research note on Wednesday, February 19th. Rosenblatt Securities upped their price target on shares of Lincoln Educational Services from $20.00 to $24.00 and gave the stock a "buy" rating in a research report on Tuesday, February 25th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, Lincoln Educational Services has an average rating of "Moderate Buy" and an average price target of $19.75.

Lincoln Educational Services Price Performance

LINC stock traded down $0.31 during trading on Friday, hitting $15.80. The company had a trading volume of 162,559 shares, compared to its average volume of 176,345. The firm has a market capitalization of $497.37 million, a price-to-earnings ratio of 49.38, a P/E/G ratio of 1.70 and a beta of 1.61. The company has a current ratio of 1.57, a quick ratio of 1.53 and a debt-to-equity ratio of 0.17. The business has a 50 day moving average of $16.51 and a 200 day moving average of $14.73. Lincoln Educational Services Co. has a fifty-two week low of $9.29 and a fifty-two week high of $19.79.

Lincoln Educational Services (NASDAQ:LINC - Get Free Report) last posted its quarterly earnings data on Monday, February 24th. The company reported $0.31 earnings per share (EPS) for the quarter, beating the consensus estimate 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 business had revenue of $119.37 million during the quarter, compared to analysts' expectations 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 year.

Insider Activity at Lincoln Educational Services

In related news, major shareholder Juniper Investment Company, Ll sold 61,289 shares of the firm's stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of $16.19, for a total transaction of $992,268.91. Following the completion of the sale, the insider now directly owns 425,544 shares in the company, valued at approximately $6,889,557.36. This trade represents a 12.59 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 16.80% of the company's stock.

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.