Barrington Research Reiterates "Outperform" Rating for Lincoln Educational Services (NASDAQ:LINC)

Barrington Research reissued their outperform rating on shares of Lincoln Educational Services (NASDAQ:LINC - Free Report) in a research report report published on Wednesday,Benzinga reports. Barrington Research currently has a $20.00 target price on the stock.

Separately, B. Riley raised their target price on shares of Lincoln Educational Services from $15.00 to $20.00 and gave the company a "buy" rating in a report on Thursday, November 7th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, Lincoln Educational Services currently has an average rating of "Moderate Buy" and an average target price of $18.00.

Lincoln Educational Services Price Performance

Shares of LINC stock traded down $1.54 on Wednesday, reaching $16.09. The company's stock had a trading volume of 229,433 shares, compared to its average volume of 127,182. The stock's fifty day simple moving average is $16.11 and its 200-day simple moving average is $14.31. Lincoln Educational Services has a 1 year low of $9.29 and a 1 year high of $18.74. The company has a current ratio of 1.57, a quick ratio of 1.53 and a debt-to-equity ratio of 0.17. The company has a market capitalization of $506.51 million, a price-to-earnings ratio of 50.28, a price-to-earnings-growth ratio of 1.74 and a beta of 1.41.

Insider Activity

In related news, major shareholder Juniper Investment Company, Ll sold 60,000 shares of Lincoln Educational Services stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $16.62, for a total value of $997,200.00. Following the completion of the sale, the insider now directly owns 605,005 shares in the company, valued at $10,055,183.10. The trade was a 9.02 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Chad D. Nyce sold 9,977 shares of Lincoln Educational Services stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $16.50, for a total value of $164,620.50. Following the completion of the sale, the executive vice president now owns 144,669 shares of the company's stock, valued at $2,387,038.50. The trade was a 6.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 182,090 shares of company stock valued at $2,987,371. 16.80% of the stock is currently owned by company insiders.

Institutional Trading of Lincoln Educational Services

Institutional investors and hedge funds have recently made changes to their positions in the company. McIlrath & Eck LLC raised its holdings in shares of Lincoln Educational Services by 156.4% in the fourth quarter. McIlrath & Eck LLC now owns 2,267 shares of the company's stock valued at $36,000 after acquiring an additional 1,383 shares in the last quarter. Summit Investment Advisors Inc. raised its holdings in Lincoln Educational Services by 39.6% in the fourth quarter. Summit Investment Advisors Inc. now owns 2,731 shares of the company's stock worth $43,000 after purchasing an additional 775 shares in the last quarter. Morse Asset Management Inc bought a new position in Lincoln Educational Services in the fourth quarter worth about $101,000. Aquatic Capital Management LLC bought a new position in Lincoln Educational Services in the fourth quarter worth about $135,000. Finally, SG Americas Securities LLC bought a new position in Lincoln Educational Services in the third quarter worth about $121,000. 72.23% of the stock is currently owned by institutional investors.

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.