10,158 Shares in Lincoln Educational Services Co. (NASDAQ:LINC) Bought by SG Americas Securities LLC

SG Americas Securities LLC purchased a new stake in Lincoln Educational Services Co. (NASDAQ:LINC) during the 3rd quarter, Holdings Channel reports. The firm purchased 10,158 shares of the company’s stock, valued at approximately $121,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. BNP Paribas Financial Markets increased its position in shares of Lincoln Educational Services by 60.2% in the first 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 stake in shares of Lincoln Educational Services during the 1st quarter worth approximately $1,259,000. Essex Investment Management Co. LLC raised its stake in shares of Lincoln Educational Services by 1.4% during 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 in the last quarter. Empowered Funds LLC raised its stake in shares of Lincoln Educational Services by 8.2% during the 1st 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 in the last quarter. Finally, First Eagle Investment Management LLC raised its stake in shares of Lincoln Educational Services by 13.6% during the 1st quarter. First Eagle Investment Management LLC now owns 613,097 shares of the company’s stock worth $6,333,000 after purchasing an additional 73,321 shares in the last quarter. 72.23% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Lincoln Educational Services news, major shareholder Juniper Investment Company, Ll sold 2,270 shares of the company’s stock in a transaction on Monday, August 19th. The stock was sold at an average price of $12.04, for a total value of $27,330.80. Following the transaction, the insider now directly owns 874,140 shares of the company’s stock, valued at $10,524,645.60. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. In the last three months, insiders have sold 40,819 shares of company stock valued at $490,481. 16.80% of the stock is owned by insiders.

Lincoln Educational Services Stock Down 1.3 %

LINC stock opened at $12.42 on Friday. The company has a current ratio of 1.78, a quick ratio of 1.75 and a debt-to-equity ratio of 0.17. The firm has a market capitalization of $390.98 million, a PE ratio of 47.77, a PEG ratio of 1.61 and a beta of 1.42. Lincoln Educational Services Co. has a 1-year low of $8.34 and a 1-year high of $14.52. The business’s 50 day simple moving average is $12.17 and its 200 day simple moving average is $11.82.

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

Analyst Upgrades and Downgrades

LINC has been the topic of a number of analyst reports. Barrington Research reiterated an “outperform” rating and set a $16.00 price objective on shares of Lincoln Educational Services in a research note on Friday, September 20th. Rosenblatt Securities upped their price objective on Lincoln Educational Services from $15.00 to $17.00 and gave the stock a “buy” rating in a research note on Friday, August 9th. Finally, StockNews.com cut 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 company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $15.75.

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.