JPMorgan Chase & Co. Has $1.82 Million Stake in Lincoln Educational Services Co. (NASDAQ:LINC)

JPMorgan Chase & Co. boosted its holdings in Lincoln Educational Services Co. (NASDAQ:LINC - Free Report) by 190.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 115,177 shares of the company's stock after acquiring an additional 75,531 shares during the quarter. JPMorgan Chase & Co. owned about 0.37% of Lincoln Educational Services worth $1,822,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Sanctuary Advisors LLC acquired a new position in shares of Lincoln Educational Services in the 4th quarter worth $288,000. Barclays PLC boosted its position in shares of Lincoln Educational Services by 259.0% in the 3rd quarter. Barclays PLC now owns 34,220 shares of the company's stock valued at $408,000 after purchasing an additional 24,688 shares during the period. Jane Street Group LLC increased its stake in Lincoln Educational Services by 63.6% in the 3rd quarter. Jane Street Group LLC now owns 38,367 shares of the company's stock worth $458,000 after purchasing an additional 14,913 shares in the last quarter. AMH Equity Ltd raised its holdings in 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 buying an additional 30,000 shares during the period. Finally, Bailard Inc. lifted its stake in Lincoln Educational Services by 24.5% during the fourth quarter. Bailard Inc. now owns 84,900 shares of the company's stock valued at $1,343,000 after buying an additional 16,693 shares in the last quarter. 72.23% of the stock is currently owned by institutional investors.

Lincoln Educational Services Stock Down 1.4 %

Shares of NASDAQ LINC traded down $0.24 during mid-day trading on Monday, reaching $17.14. The company had a trading volume of 167,594 shares, compared to its average volume of 149,837. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.53 and a current ratio of 1.57. Lincoln Educational Services Co. has a twelve month low of $10.06 and a twelve month high of $19.79. The stock's 50 day moving average is $16.49 and its 200-day moving average is $15.80. The stock has a market capitalization of $541.50 million, a PE ratio of 53.56, a price-to-earnings-growth ratio of 1.70 and a beta of 1.57.

Lincoln Educational Services (NASDAQ:LINC - Get Free Report) last posted its quarterly earnings results on Monday, February 24th. The company reported $0.31 earnings per share for the quarter, topping analysts' consensus estimates of $0.20 by $0.11. The company had revenue of $119.37 million during the quarter, compared to the consensus estimate 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 analysts anticipate that Lincoln Educational Services Co. will post 0.54 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on LINC shares. Barrington Research reissued an "outperform" rating and issued a $22.00 target price on shares of Lincoln Educational Services in a research report on Wednesday, March 26th. Northland Securities assumed coverage on shares of Lincoln Educational Services in a research note on Thursday. They set an "outperform" rating and a $24.00 target price on the stock. Rosenblatt Securities raised their target price on Lincoln Educational Services from $20.00 to $24.00 and gave the stock a "buy" rating in a research report on Tuesday, February 25th. Northland Capmk raised Lincoln Educational Services to a "strong-buy" rating in a research report on Thursday. Finally, B. Riley started coverage on Lincoln Educational Services in a research note on Friday, March 28th. They issued a "buy" rating and a $23.00 price objective for the company. One research analyst has rated the stock with a hold rating, four have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, Lincoln Educational Services currently has a consensus rating of "Buy" and an average price target of $21.60.

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.