Lincoln Educational Services (NASDAQ:LINC) Receives Outperform Rating from Barrington Research

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

Separately, B. Riley lifted their price objective 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 investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $18.00.

Lincoln Educational Services Trading Down 8.7 %

Shares of NASDAQ:LINC opened at $16.09 on Wednesday. The company has a market cap of $506.51 million, a PE ratio of 50.28, a price-to-earnings-growth ratio of 1.74 and a beta of 1.41. Lincoln Educational Services has a 12-month low of $9.29 and a 12-month high of $18.74. The stock has a 50 day moving average of $16.11 and a 200 day moving average of $14.34. The company has a current ratio of 1.57, a quick ratio of 1.53 and a debt-to-equity ratio of 0.17.

Insider Activity at Lincoln Educational Services

In other news, EVP Chad D. Nyce sold 9,977 shares of the stock in a transaction on Monday, November 25th. The stock was sold at an average price of $16.50, for a total transaction of $164,620.50. Following the transaction, the executive vice president now owns 144,669 shares of the company’s stock, valued at approximately $2,387,038.50. This represents a 6.45 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, major shareholder Juniper Investment Company, Ll sold 60,000 shares of the firm’s stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $16.62, for a total value of $997,200.00. Following the transaction, the insider now owns 605,005 shares in the company, valued at approximately $10,055,183.10. This represents a 9.02 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 182,090 shares of company stock worth $2,987,371 in the last 90 days. 16.80% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Lincoln Educational Services

Hedge funds and other institutional investors have recently modified their holdings of the business. McIlrath & Eck LLC raised its stake in Lincoln Educational Services by 156.4% in the fourth quarter. McIlrath & Eck LLC now owns 2,267 shares of the company’s stock worth $36,000 after buying an additional 1,383 shares in the last quarter. Summit Investment Advisors Inc. increased its holdings in shares of Lincoln Educational Services by 39.6% in the 4th quarter. Summit Investment Advisors Inc. now owns 2,731 shares of the company’s stock valued at $43,000 after acquiring an additional 775 shares during the period. Morse Asset Management Inc bought a new position in shares of Lincoln Educational Services in the 4th quarter worth $101,000. Aquatic Capital Management LLC purchased a new stake in shares of Lincoln Educational Services during the 4th quarter worth $135,000. Finally, SG Americas Securities LLC bought a new stake in Lincoln Educational Services during the third quarter valued at 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.