Auxier Asset Management Purchases 5,000 Shares of Lincoln Educational Services Co. (NASDAQ:LINC)

Auxier Asset Management increased its position in Lincoln Educational Services Co. (NASDAQ:LINC) by 2.1% during the second quarter, HoldingsChannel reports. The institutional investor owned 238,324 shares of the company’s stock after acquiring an additional 5,000 shares during the period. Auxier Asset Management’s holdings in Lincoln Educational Services were worth $2,827,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in LINC. Trexquant Investment LP increased its position in Lincoln Educational Services by 91.1% during the fourth quarter. Trexquant Investment LP now owns 53,154 shares of the company’s stock worth $534,000 after buying an additional 25,333 shares during the last quarter. BNP Paribas Financial Markets increased its holdings in shares of 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 acquiring an additional 4,217 shares during the last quarter. Pullen Investment Management LLC bought a new position in shares of Lincoln Educational Services in the 1st quarter valued at approximately $1,259,000. Essex Investment Management Co. LLC lifted its holdings in Lincoln Educational Services by 1.4% in the 1st quarter. Essex Investment Management Co. LLC now owns 420,360 shares of the company’s stock worth $4,342,000 after purchasing an additional 5,832 shares during the last quarter. Finally, Empowered Funds LLC boosted its position in Lincoln Educational Services by 8.2% during the first quarter. Empowered Funds LLC now owns 183,078 shares of the company’s stock worth $1,891,000 after purchasing an additional 13,825 shares during the period. Institutional investors own 72.23% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on LINC shares. Barrington Research reissued an “outperform” rating and issued a $16.00 price target on shares of Lincoln Educational Services in a research report on Friday. Rosenblatt Securities lifted their target price on shares of Lincoln Educational Services from $15.00 to $17.00 and gave the stock a “buy” rating in a report on Friday, August 9th. Finally, StockNews.com cut shares of Lincoln Educational Services from a “buy” rating to a “hold” rating in a report on Friday, September 6th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $15.75.

Insider Activity at Lincoln Educational Services

In related news, major shareholder Juniper Investment Company, Ll sold 17,031 shares of the company’s stock in a transaction on Wednesday, August 14th. The stock was sold at an average price of $12.01, for a total value of $204,542.31. Following the completion of the transaction, the insider now directly owns 935,937 shares in the company, valued at $11,240,603.37. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have sold 40,819 shares of company stock worth $490,481 over the last three months. Company insiders own 16.80% of the company’s stock.

Lincoln Educational Services Stock Down 0.9 %

LINC opened at $12.47 on Friday. The business has a 50 day moving average of $12.56 and a 200-day moving average of $11.45. The stock has a market capitalization of $392.11 million, a price-to-earnings ratio of 14.67, a P/E/G ratio of 1.55 and a beta of 1.42. The company has a current ratio of 1.78, a quick ratio of 1.75 and a debt-to-equity ratio of 0.17. Lincoln Educational Services Co. has a 1-year low of $7.88 and a 1-year high of $14.52.

Lincoln Educational Services (NASDAQ:LINC) last issued its quarterly earnings results on Thursday, August 8th. The company reported $0.06 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.07. Lincoln Educational Services had a net margin of 1.95% and a return on equity of 10.38%. The firm had revenue of $102.91 million during the quarter, compared to the consensus estimate of $99.60 million. As a group, sell-side analysts anticipate that Lincoln Educational Services Co. will post 0.51 earnings per share for the current year.

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.