Pacific Ridge Capital Partners LLC Has $4.92 Million Holdings in Lincoln Educational Services Co. (NASDAQ:LINC)

Pacific Ridge Capital Partners LLC cut its stake in Lincoln Educational Services Co. (NASDAQ:LINC) by 4.9% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 475,889 shares of the company’s stock after selling 24,725 shares during the period. Pacific Ridge Capital Partners LLC owned about 1.51% of Lincoln Educational Services worth $4,916,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of LINC. AJOVista LLC acquired a new position in shares of Lincoln Educational Services in the 4th quarter worth approximately $67,000. New York State Common Retirement Fund increased its holdings in Lincoln Educational Services by 1,513.5% during the 4th quarter. New York State Common Retirement Fund now owns 8,600 shares of the company’s stock valued at $86,000 after purchasing an additional 8,067 shares in the last quarter. BNP Paribas Financial Markets increased its holdings in Lincoln Educational Services by 60.2% during the 1st quarter. BNP Paribas Financial Markets now owns 11,218 shares of the company’s stock valued at $116,000 after purchasing an additional 4,217 shares in the last quarter. SG Americas Securities LLC increased its holdings in Lincoln Educational Services by 31.1% during the 4th quarter. SG Americas Securities LLC now owns 13,410 shares of the company’s stock valued at $135,000 after purchasing an additional 3,182 shares in the last quarter. Finally, Trexquant Investment LP increased its holdings in Lincoln Educational Services by 91.1% during the 4th quarter. Trexquant Investment LP now owns 53,154 shares of the company’s stock valued at $534,000 after purchasing an additional 25,333 shares in the last quarter. 72.23% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Lincoln Educational Services

In other news, major shareholder Juniper Investment Company, Ll sold 25,010 shares of the firm’s stock in a transaction on Friday, May 31st. The stock was sold at an average price of $11.75, for a total value of $293,867.50. Following the transaction, the insider now directly owns 246,299 shares in the company, valued at approximately $2,894,013.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 16.80% of the stock is owned by corporate insiders.

Lincoln Educational Services Trading Up 1.5 %

LINC traded up $0.20 during mid-day trading on Friday, reaching $13.36. The stock had a trading volume of 109,959 shares, compared to its average volume of 114,636. The stock has a market capitalization of $420.09 million, a P/E ratio of 15.72, a P/E/G ratio of 1.83 and a beta of 1.41. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.94 and a current ratio of 1.98. The firm’s fifty day simple moving average is $11.62 and its two-hundred day simple moving average is $10.55. Lincoln Educational Services Co. has a 52 week low of $6.35 and a 52 week high of $13.53.

Lincoln Educational Services (NASDAQ:LINC) last announced its quarterly earnings data on Monday, May 6th. The company reported $0.06 EPS for the quarter, beating analysts’ consensus estimates of $0.02 by $0.04. The firm had revenue of $103.37 million for the quarter, compared to analyst estimates of $97.30 million. Lincoln Educational Services had a return on equity of 9.79% and a net margin of 6.57%. On average, equities analysts predict that Lincoln Educational Services Co. will post 0.48 EPS for the current year.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on LINC shares. Barrington Research reaffirmed an “outperform” rating and set a $14.00 price target on shares of Lincoln Educational Services in a report on Monday, June 24th. Lake Street Capital raised their price target on Lincoln Educational Services from $14.00 to $15.00 and gave the company a “buy” rating in a report on Tuesday, May 7th. StockNews.com cut Lincoln Educational Services from a “buy” rating to a “hold” rating in a report on Wednesday, May 8th. B. Riley raised their price target on Lincoln Educational Services from $14.00 to $15.00 and gave the company a “buy” rating in a report on Tuesday, May 7th. Finally, Rosenblatt Securities reiterated a “buy” rating and issued a $13.50 price objective on shares of Lincoln Educational Services in a research report on Monday, April 29th. One analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $14.38.

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.