Lincoln Educational Services Co. (NASDAQ:LINC) Shares Sold by Wasatch Advisors LP

Wasatch Advisors LP reduced its position in shares of Lincoln Educational Services Co. (NASDAQ:LINC - Free Report) by 51.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 227,473 shares of the company's stock after selling 237,587 shares during the period. Wasatch Advisors LP owned 0.72% of Lincoln Educational Services worth $2,716,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. First Eagle Investment Management LLC lifted its stake in shares of Lincoln Educational Services by 25.4% in the 2nd quarter. First Eagle Investment Management LLC now owns 768,851 shares of the company's stock valued at $9,119,000 after purchasing an additional 155,754 shares during the last quarter. Vanguard Group Inc. lifted its position in Lincoln Educational Services by 11.3% in the first quarter. Vanguard Group Inc. now owns 1,343,181 shares of the company's stock valued at $13,875,000 after buying an additional 136,334 shares during the last quarter. Renaissance Technologies LLC boosted its stake in Lincoln Educational Services by 12.6% during the second quarter. Renaissance Technologies LLC now owns 645,678 shares of the company's stock worth $7,658,000 after buying an additional 72,400 shares during the period. Secure Asset Management LLC acquired a new stake in shares of Lincoln Educational Services during the second quarter valued at about $612,000. Finally, Dimensional Fund Advisors LP increased its position in shares of Lincoln Educational Services by 5.5% during the second quarter. Dimensional Fund Advisors LP now owns 970,425 shares of the company's stock valued at $11,509,000 after acquiring an additional 50,737 shares during the last quarter. 72.23% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on LINC shares. StockNews.com lowered shares of Lincoln Educational Services from a "buy" rating to a "hold" rating in a report on Wednesday, October 9th. Barrington Research raised their price target on Lincoln Educational Services from $16.00 to $20.00 and gave the stock an "outperform" rating in a research report on Monday, November 11th. Rosenblatt Securities lifted their price objective on Lincoln Educational Services from $15.00 to $17.00 and gave the company a "buy" rating in a research note on Friday, August 9th. Finally, B. Riley increased their target price on Lincoln Educational Services from $15.00 to $20.00 and gave the stock a "buy" rating in a research note on Thursday, November 7th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $18.00.

Insider Activity at Lincoln Educational Services

In other news, CFO Brian K. Meyers sold 8,939 shares of the stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $15.26, for a total value of $136,409.14. Following the transaction, the chief financial officer now owns 233,810 shares in the company, valued at approximately $3,567,940.60. This represents a 3.68 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Michael A. Plater sold 10,471 shares of the business's stock in a transaction that occurred on Thursday, November 14th. The stock was sold at an average price of $15.41, for a total value of $161,358.11. Following the sale, the director now owns 31,608 shares of the company's stock, valued at approximately $487,079.28. The trade was a 24.88 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 145,886 shares of company stock valued at $2,385,424 over the last 90 days. 16.80% of the stock is owned by corporate insiders.

Lincoln Educational Services Stock Up 0.3 %

Shares of NASDAQ:LINC traded up $0.05 during trading on Monday, hitting $16.48. The company's stock had a trading volume of 78,096 shares, compared to its average volume of 110,500. The company has a market capitalization of $518.79 million, a PE ratio of 51.50, a P/E/G ratio of 2.03 and a beta of 1.41. 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 fifty-two week low of $8.78 and a fifty-two week high of $18.74. The business has a 50 day moving average price of $13.77 and a two-hundred day moving average price of $12.65.

Lincoln Educational Services (NASDAQ:LINC - Get Free Report) last released its earnings results on Monday, November 11th. The company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.14 by ($0.01). The company had revenue of $114.41 million for the quarter, compared to analyst estimates of $111.05 million. Lincoln Educational Services had a return on equity of 10.60% and a net margin of 2.33%. During the same period in the previous year, the firm earned $0.11 earnings per share. As a group, research analysts expect that Lincoln Educational Services Co. will post 0.54 EPS for the current fiscal year.

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.