First Eagle Investment Management LLC Boosts Stock Holdings in Lincoln Educational Services Co. (NASDAQ:LINC)

First Eagle Investment Management LLC lifted its stake in shares of Lincoln Educational Services Co. (NASDAQ:LINC) by 5.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 833,093 shares of the company’s stock after acquiring an additional 41,442 shares during the quarter. First Eagle Investment Management LLC owned 2.65% of Lincoln Educational Services worth $13,180,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of LINC. Janus Henderson Group PLC purchased a new stake in shares of Lincoln Educational Services during the third quarter worth $144,000. Sanctuary Advisors LLC purchased a new stake in shares of Lincoln Educational Services during the fourth quarter worth $288,000. Barclays PLC increased its position in shares of Lincoln Educational Services by 259.0% during the third quarter. Barclays PLC now owns 34,220 shares of the company’s stock worth $408,000 after acquiring an additional 24,688 shares during the period. Jane Street Group LLC increased its holdings in Lincoln Educational Services by 63.6% in the third quarter. Jane Street Group LLC now owns 38,367 shares of the company’s stock valued at $458,000 after buying an additional 14,913 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in Lincoln Educational Services by 248.7% in the third quarter. JPMorgan Chase & Co. now owns 39,646 shares of the company’s stock valued at $473,000 after buying an additional 28,275 shares during the last quarter. Hedge funds and other institutional investors own 72.23% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on LINC shares. Rosenblatt Securities increased their target price on Lincoln Educational Services from $20.00 to $24.00 and gave the company a “buy” rating in a report on Tuesday, February 25th. Barrington Research reissued an “outperform” rating and issued a $20.00 target price on shares of Lincoln Educational Services in a report on Wednesday, February 19th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $19.75.

Lincoln Educational Services Stock Performance

Shares of LINC stock opened at $14.87 on Friday. The stock’s 50-day moving average is $16.46 and its two-hundred day moving average is $14.82. The firm has a market cap of $469.79 million, a price-to-earnings ratio of 46.47, a PEG ratio of 1.70 and a beta of 1.61. Lincoln Educational Services Co. has a 1 year low of $9.29 and a 1 year high of $19.79. 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 (NASDAQ:LINC) last issued its quarterly earnings data on Monday, February 24th. The company reported $0.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.11. The company had revenue of $119.37 million for the quarter, compared to analyst estimates of $110.50 million. Lincoln Educational Services had a return on equity of 10.60% and a net margin of 2.33%. Analysts predict that Lincoln Educational Services Co. will post 0.54 earnings per share for the current 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.