Next Century Growth Investors LLC Raises Stake in Lincoln Educational Services Co. (NASDAQ:LINC)

Next Century Growth Investors LLC raised its stake in Lincoln Educational Services Co. (NASDAQ:LINC - Free Report) by 17.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 664,148 shares of the company's stock after purchasing an additional 100,963 shares during the period. Next Century Growth Investors LLC owned 2.11% of Lincoln Educational Services worth $10,507,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in LINC. Invesco Ltd. grew its holdings in shares of Lincoln Educational Services by 485.7% during the fourth quarter. Invesco Ltd. now owns 295,032 shares of the company's stock valued at $4,667,000 after buying an additional 244,657 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of Lincoln Educational Services by 190.5% in the 4th quarter. JPMorgan Chase & Co. now owns 115,177 shares of the company's stock worth $1,822,000 after buying an additional 75,531 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its position in shares of Lincoln Educational Services by 28.6% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 291,814 shares of the company's stock valued at $4,616,000 after acquiring an additional 64,954 shares during the period. Renaissance Technologies LLC raised its holdings in shares of Lincoln Educational Services by 6.5% in the 4th quarter. Renaissance Technologies LLC now owns 690,378 shares of the company's stock worth $10,922,000 after purchasing an additional 42,000 shares during the period. Finally, First Eagle Investment Management LLC lifted its position in shares of Lincoln Educational Services by 5.2% during the 4th quarter. First Eagle Investment Management LLC now owns 833,093 shares of the company's stock valued at $13,180,000 after buying an additional 41,442 shares during the last quarter. 72.23% of the stock is owned by institutional investors and hedge funds.

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Analyst Ratings Changes

Several research analysts recently commented on LINC shares. Barrington Research reaffirmed an "outperform" rating and issued a $22.00 price objective on shares of Lincoln Educational Services in a report on Wednesday, March 26th. B. Riley initiated coverage on shares of Lincoln Educational Services in a report on Friday, March 28th. They issued a "buy" rating and a $23.00 price target on the stock. Finally, Rosenblatt Securities raised their target price on shares of Lincoln Educational Services from $20.00 to $24.00 and gave the company a "buy" rating in a research note on Tuesday, February 25th. One investment analyst has rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Buy" and an average target price of $21.00.

Lincoln Educational Services Trading Up 3.2 %

Shares of NASDAQ:LINC traded up $0.53 on Tuesday, reaching $17.31. 248,656 shares of the company traded hands, compared to its average volume of 145,849. The business's 50-day simple moving average is $16.57 and its 200 day simple moving average is $15.46. The company has a current ratio of 1.57, a quick ratio of 1.53 and a debt-to-equity ratio of 0.17. Lincoln Educational Services Co. has a 52 week low of $9.51 and a 52 week high of $20.17. The stock has a market capitalization of $546.87 million, a P/E ratio of 54.10, a price-to-earnings-growth ratio of 1.70 and a beta of 1.57.

Lincoln Educational Services (NASDAQ:LINC - Get Free Report) last announced its quarterly earnings results on Monday, February 24th. The company reported $0.31 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 business had revenue of $119.37 million for the quarter, compared to analyst estimates of $110.50 million. As a group, equities analysts anticipate that Lincoln Educational Services Co. will post 0.54 EPS for the current fiscal year.

Lincoln Educational Services 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.