First Eagle Investment Management LLC Increases Holdings in Lincoln Educational Services Co. (NASDAQ:LINC)

First Eagle Investment Management LLC grew its stake in shares of Lincoln Educational Services Co. (NASDAQ:LINC - Free Report) by 5.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 833,093 shares of the company's stock after acquiring an additional 41,442 shares during the period. First Eagle Investment Management LLC owned about 2.65% of Lincoln Educational Services worth $13,180,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Connor Clark & Lunn Investment Management Ltd. raised its position in shares of 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 purchasing an additional 13,099 shares during the last quarter. Bailard Inc. raised its position in shares of Lincoln Educational Services by 24.5% during the 4th quarter. Bailard Inc. now owns 84,900 shares of the company's stock worth $1,343,000 after purchasing an additional 16,693 shares during the last quarter. AMH Equity Ltd raised its position in shares of Lincoln Educational Services by 60.0% during the 4th quarter. AMH Equity Ltd now owns 80,000 shares of the company's stock worth $1,266,000 after purchasing an additional 30,000 shares during the last quarter. Sanctuary Advisors LLC acquired a new position in shares of Lincoln Educational Services during the 4th quarter worth approximately $288,000. Finally, Calamos Advisors LLC raised its position in shares of 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 purchasing an additional 25,560 shares during the last quarter. 72.23% of the stock is currently owned by institutional investors and hedge funds.

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Wall Street Analysts Forecast Growth

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

Lincoln Educational Services Trading Up 3.9 %

LINC traded up $0.58 during trading on Wednesday, hitting $15.55. The company's stock had a trading volume of 118,343 shares, compared to its average volume of 127,873. The firm's 50 day moving average price is $16.46 and its 200-day moving average price is $14.90. 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 has a market cap of $491.27 million, a PE ratio of 48.60, a PEG ratio of 1.70 and a beta of 1.61. Lincoln Educational Services Co. has a twelve month low of $9.29 and a twelve month high of $19.79.

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 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 company had revenue of $119.37 million during the quarter, compared to analysts' expectations of $110.50 million. On average, analysts expect that Lincoln Educational Services Co. will post 0.54 earnings per share 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.