Calamos Advisors LLC Raises Stock Holdings in Lincoln Educational Services Co. (NASDAQ:LINC)

Calamos Advisors LLC increased its holdings in Lincoln Educational Services Co. (NASDAQ:LINC - Free Report) by 38.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 91,629 shares of the company's stock after buying an additional 25,560 shares during the quarter. Calamos Advisors LLC owned about 0.29% of Lincoln Educational Services worth $1,450,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Barclays PLC grew its stake in shares of Lincoln Educational Services by 259.0% during the 3rd 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 period. JPMorgan Chase & Co. lifted its position in shares of Lincoln Educational Services by 248.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 39,646 shares of the company's stock valued at $473,000 after buying an additional 28,275 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of Lincoln Educational Services by 3.5% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 74,935 shares of the company's stock valued at $895,000 after buying an additional 2,545 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Lincoln Educational Services by 1.9% during the 3rd quarter. Geode Capital Management LLC now owns 636,160 shares of the company's stock valued at $7,598,000 after buying an additional 11,650 shares in the last quarter. Finally, Jane Street Group LLC lifted its position in shares of Lincoln Educational Services by 63.6% during the 3rd quarter. Jane Street Group LLC now owns 38,367 shares of the company's stock valued at $458,000 after buying an additional 14,913 shares in the last quarter. Institutional investors and hedge funds own 72.23% of the company's stock.

Lincoln Educational Services Stock Down 1.9 %

Shares of Lincoln Educational Services stock traded down $0.33 on Friday, reaching $17.48. 87,954 shares of the company were exchanged, compared to its average volume of 119,806. Lincoln Educational Services Co. has a 1-year low of $9.29 and a 1-year high of $18.74. The company has a market cap of $550.27 million, a P/E ratio of 54.63, a price-to-earnings-growth ratio of 1.72 and a beta of 1.41. 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 moving average price is $15.88 and its 200-day moving average price is $14.07.

Lincoln Educational Services (NASDAQ:LINC - Get Free Report) last announced its quarterly earnings data on Monday, November 11th. The company reported $0.13 EPS for the quarter, missing analysts' consensus estimates of $0.14 by ($0.01). Lincoln Educational Services had a return on equity of 10.60% and a net margin of 2.33%. The company had revenue of $114.41 million for the quarter, compared to analyst estimates of $111.05 million. During the same period in the prior year, the firm posted $0.11 earnings per share. As a group, equities analysts forecast that Lincoln Educational Services Co. will post 0.54 EPS for the current year.

Insider Transactions at Lincoln Educational Services

In other Lincoln Educational Services news, major shareholder Juniper Investment Company, Ll sold 61,289 shares of the business's stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of $16.19, for a total value of $992,268.91. Following the completion of the sale, the insider now owns 425,544 shares in the company, valued at approximately $6,889,557.36. The trade was a 12.59 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Brian K. Meyers sold 6,892 shares of the business's stock in a transaction that occurred on Wednesday, November 13th. The shares were sold at an average price of $16.38, for a total value of $112,890.96. Following the completion of the sale, the chief financial officer now owns 266,133 shares of the company's stock, valued at approximately $4,359,258.54. This represents a 2.52 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 223,002 shares of company stock valued at $3,632,824. 16.80% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the company. Barrington Research increased their target price on Lincoln Educational Services from $16.00 to $20.00 and gave the company an "outperform" rating in a research report on Monday, November 11th. B. Riley raised their price objective on Lincoln Educational Services from $15.00 to $20.00 and gave the stock a "buy" rating in a research report on Thursday, November 7th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $18.00.

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.