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Bailard Inc. Has $1.34 Million Position in Lincoln Educational Services Co. (NASDAQ:LINC)

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Bailard Inc. boosted its stake in Lincoln Educational Services Co. (NASDAQ:LINC - Free Report) by 24.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 84,900 shares of the company's stock after acquiring an additional 16,693 shares during the quarter. Bailard Inc. owned 0.27% of Lincoln Educational Services worth $1,343,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in LINC. Geode Capital Management LLC grew its stake 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 worth $7,598,000 after acquiring an additional 11,650 shares in the last quarter. Needham Investment Management LLC grew its position in Lincoln Educational Services by 71.4% in the third quarter. Needham Investment Management LLC now owns 600,000 shares of the company's stock valued at $7,164,000 after purchasing an additional 250,000 shares in the last quarter. State Street Corp grew its position in Lincoln Educational Services by 3.0% in the third 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 in the last quarter. Connor Clark & Lunn Investment Management Ltd. lifted its position in Lincoln Educational Services by 10.6% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 105,364 shares of the company's stock worth $1,258,000 after buying an additional 10,081 shares in the last quarter. Finally, Calamos Advisors LLC boosted its stake 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 buying an additional 25,560 shares during the last quarter. 72.23% of the stock is owned by institutional investors and hedge funds.

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Insider Buying and Selling

In other Lincoln Educational Services news, major shareholder Juniper Investment Company, Ll sold 61,289 shares of Lincoln Educational Services stock in a transaction dated 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 sale, the insider now owns 425,544 shares in the company, valued at $6,889,557.36. The trade was a 12.59 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 16.80% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

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

View Our Latest Analysis on Lincoln Educational Services

Lincoln Educational Services Stock Performance

LINC traded down $0.31 during trading hours on Friday, reaching $15.80. The company's stock had a trading volume of 162,559 shares, compared to its average volume of 176,345. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.53 and a current ratio of 1.57. The company's 50-day moving average is $16.50 and its 200-day moving average is $14.70. Lincoln Educational Services Co. has a 52 week low of $9.29 and a 52 week high of $19.79. The firm has a market cap of $497.37 million, a PE ratio of 49.38, a price-to-earnings-growth ratio of 1.70 and a beta of 1.61.

Lincoln Educational Services (NASDAQ:LINC - Get Free Report) last announced its earnings results on Monday, February 24th. The company reported $0.31 EPS for the quarter, topping the consensus estimate of $0.20 by $0.11. The business had revenue of $119.37 million during the quarter, compared to the consensus estimate of $110.50 million. Lincoln Educational Services had a net margin of 2.33% and a return on equity of 10.60%. On average, equities analysts forecast that Lincoln Educational Services Co. will post 0.54 EPS for the current year.

Lincoln Educational Services Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Lincoln Educational Services (NASDAQ:LINC)

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