Arrowstreet Capital Limited Partnership Increases Stock Holdings in Lincoln Educational Services Co. (NASDAQ:LINC)

Arrowstreet Capital Limited Partnership increased its holdings in Lincoln Educational Services Co. (NASDAQ:LINC - Free Report) by 28.6% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 291,814 shares of the company's stock after purchasing an additional 64,954 shares during the period. Arrowstreet Capital Limited Partnership owned approximately 0.93% of Lincoln Educational Services worth $4,616,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of LINC. Charles Schwab Investment Management Inc. grew its stake in shares of Lincoln Educational Services by 3.5% during the third quarter. Charles Schwab Investment Management Inc. now owns 74,935 shares of the company's stock valued at $895,000 after purchasing an additional 2,545 shares during the last quarter. Geode Capital Management LLC grew its stake in Lincoln Educational Services by 1.9% in the third quarter. Geode Capital Management LLC now owns 636,160 shares of the company's stock valued at $7,598,000 after acquiring an additional 11,650 shares during the period. Janus Henderson Group PLC acquired a new stake in Lincoln Educational Services during the 3rd quarter worth approximately $144,000. State Street Corp raised its stake in shares of Lincoln Educational Services by 3.0% in the 3rd 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 period. Finally, Connor Clark & Lunn Investment Management Ltd. boosted its position in Lincoln Educational Services by 12.4% during the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 118,463 shares of the company's stock worth $1,874,000 after acquiring an additional 13,099 shares during the last quarter. Institutional investors and hedge funds own 72.23% of the company's stock.

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Lincoln Educational Services Trading Down 2.1 %

NASDAQ:LINC traded down $0.36 during trading hours on Friday, hitting $16.44. 214,532 shares of the company were exchanged, compared to its average volume of 144,377. The company has a fifty day simple moving average of $16.58 and a 200 day simple moving average of $15.41. Lincoln Educational Services Co. has a one year low of $9.51 and a one year high of $19.79. The stock has a market capitalization of $519.39 million, a price-to-earnings ratio of 51.38, a price-to-earnings-growth ratio of 1.70 and a beta of 1.57. The company has a current ratio of 1.57, a quick ratio of 1.53 and a debt-to-equity ratio of 0.17.

Lincoln Educational Services (NASDAQ:LINC - Get Free Report) last announced its quarterly earnings data on Monday, February 24th. The company reported $0.31 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.20 by $0.11. Lincoln Educational Services had a return on equity of 10.60% and a net margin of 2.33%. The company had revenue of $119.37 million for the quarter, compared to the consensus estimate of $110.50 million. Sell-side analysts expect that Lincoln Educational Services Co. will post 0.54 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on LINC shares. Barrington Research reiterated an "outperform" rating and set a $22.00 price objective on shares of Lincoln Educational Services in a research note on Wednesday, March 26th. B. Riley started coverage on shares of Lincoln Educational Services in a research note on Friday, March 28th. They issued a "buy" rating and a $23.00 price target for the company. Finally, Rosenblatt Securities raised their target price on shares of Lincoln Educational Services from $20.00 to $24.00 and gave the company a "buy" rating in a research note on Tuesday, February 25th. One research analyst has rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus price target of $21.00.

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.