Janus Henderson Group PLC Takes Position in Lincoln Educational Services Co. (NASDAQ:LINC)

Janus Henderson Group PLC bought a new stake in shares of Lincoln Educational Services Co. (NASDAQ:LINC) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 12,020 shares of the company’s stock, valued at approximately $144,000.

A number of other institutional investors have also recently bought and sold shares of the stock. SG Americas Securities LLC acquired a new position in Lincoln Educational Services in the 3rd quarter worth approximately $121,000. The Manufacturers Life Insurance Company purchased a new position in Lincoln Educational Services during the second quarter valued at approximately $123,000. Rhumbline Advisers increased its stake in Lincoln Educational Services by 36.0% in the 2nd quarter. Rhumbline Advisers now owns 38,162 shares of the company’s stock valued at $453,000 after buying an additional 10,095 shares during the period. Weil Company Inc. increased its stake in shares of Lincoln Educational Services by 12.3% in the second quarter. Weil Company Inc. now owns 41,125 shares of the company’s stock worth $488,000 after acquiring an additional 4,500 shares during the last quarter. Finally, Calamos Advisors LLC acquired a new stake in Lincoln Educational Services during the second quarter valued at $576,000. Hedge funds and other institutional investors own 72.23% of the company’s stock.

Lincoln Educational Services Stock Down 1.4 %

Shares of Lincoln Educational Services stock opened at $16.01 on Monday. Lincoln Educational Services Co. has a 12-month low of $8.91 and a 12-month high of $18.74. The company has a quick ratio of 1.53, a current ratio of 1.57 and a debt-to-equity ratio of 0.17. The stock has a 50 day moving average price of $14.56 and a two-hundred day moving average price of $12.93. The stock has a market capitalization of $503.99 million, a P/E ratio of 50.03, a PEG ratio of 2.02 and a beta of 1.47.

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

Analysts Set New Price Targets

LINC has been the subject of a number of recent research reports. B. Riley raised their price target 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. Barrington Research lifted their target price on shares of Lincoln Educational Services from $16.00 to $20.00 and gave the company an “outperform” rating in a research note on Monday, November 11th. Finally, StockNews.com lowered shares of Lincoln Educational Services from a “buy” rating to a “hold” rating in a research note on Wednesday, October 9th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $18.00.

Insider Buying and Selling

In related news, major shareholder Juniper Investment Company, Ll sold 7,123 shares of the business’s stock in a transaction on Wednesday, November 13th. The shares were sold at an average price of $16.86, for a total transaction of $120,093.78. Following the transaction, the insider now owns 867,017 shares of the company’s stock, valued at approximately $14,617,906.62. The trade was a 0.81 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Brian K. Meyers sold 6,892 shares of the stock in a transaction on Wednesday, November 13th. The shares were sold at an average price of $16.38, for a total transaction of $112,890.96. Following the completion of the sale, the chief financial officer now directly owns 266,133 shares of the company’s stock, valued at approximately $4,359,258.54. This trade represents a 2.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 223,002 shares of company stock valued at $3,632,824. Insiders own 16.80% of the company’s stock.

About Lincoln Educational Services

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.