AMH Equity Ltd Purchases 30,000 Shares of Lincoln Educational Services Co. (NASDAQ:LINC)

AMH Equity Ltd grew its stake in shares of Lincoln Educational Services Co. (NASDAQ:LINC - Free Report) by 60.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 80,000 shares of the company's stock after acquiring an additional 30,000 shares during the quarter. Lincoln Educational Services comprises approximately 1.2% of AMH Equity Ltd's portfolio, making the stock its 19th biggest position. AMH Equity Ltd owned approximately 0.25% of Lincoln Educational Services worth $1,266,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of the business. Janus Henderson Group PLC purchased a new position in shares of Lincoln Educational Services during the 3rd quarter valued at about $144,000. Sanctuary Advisors LLC bought a new stake in shares of Lincoln Educational Services during the fourth quarter worth $288,000. Barclays PLC lifted its position in shares of Lincoln Educational Services by 259.0% during the third quarter. Barclays PLC now owns 34,220 shares of the company's stock worth $408,000 after purchasing an additional 24,688 shares during the last quarter. Jane Street Group LLC raised its holdings in shares of Lincoln Educational Services by 63.6% in the third quarter. Jane Street Group LLC now owns 38,367 shares of the company's stock valued at $458,000 after acquiring an additional 14,913 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its stake in Lincoln Educational Services by 248.7% in the third quarter. JPMorgan Chase & Co. now owns 39,646 shares of the company's stock valued at $473,000 after purchasing an additional 28,275 shares during the last quarter. 72.23% of the stock is currently owned by institutional investors.

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Insiders Place Their Bets

In related news, major shareholder Juniper Investment Company, Ll sold 61,289 shares of the company's stock in a transaction on Monday, December 9th. The shares were sold at an average price of $16.19, for a total value of $992,268.91. Following the completion of the transaction, the insider now directly owns 425,544 shares of the company's stock, valued at approximately $6,889,557.36. This represents a 12.59 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 16.80% of the company's stock.

Wall Street Analyst Weigh In

LINC has been the topic of a number of recent research reports. Rosenblatt Securities upped their target price on Lincoln Educational Services from $20.00 to $24.00 and gave the company a "buy" rating in a research report on Tuesday, February 25th. Barrington Research restated an "outperform" rating and set a $20.00 price target on shares of Lincoln Educational Services in a research note on Wednesday, February 19th. Finally, B. Riley lifted their price target on Lincoln Educational Services from $15.00 to $20.00 and gave the company a "buy" rating in a research note on Thursday, November 7th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $19.75.

Lincoln Educational Services Stock Up 2.0 %

LINC traded up $0.36 during trading on Friday, reaching $18.35. 480,657 shares of the stock traded hands, compared to its average volume of 169,907. The stock has a market cap of $577.64 million, a price-to-earnings ratio of 57.35, a price-to-earnings-growth ratio of 1.70 and a beta of 1.41. Lincoln Educational Services Co. has a fifty-two week low of $9.29 and a fifty-two week high of $19.79. 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 stock's 50-day simple moving average is $16.36 and its two-hundred day simple moving average is $14.57.

Lincoln Educational Services (NASDAQ:LINC - Get Free Report) last issued its quarterly earnings results 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. The firm had revenue of $119.37 million for the quarter, compared to analyst estimates of $110.50 million. Lincoln Educational Services had a return on equity of 10.60% and a net margin of 2.33%. As a group, equities research analysts expect that Lincoln Educational Services Co. will post 0.54 EPS for the current year.

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.