Lincoln Educational Services Co. (NASDAQ:LINC) Major Shareholder Juniper Investment Company, Ll Sells 34,997 Shares of Stock

Lincoln Educational Services Co. (NASDAQ:LINC) major shareholder Juniper Investment Company, Ll sold 34,997 shares of Lincoln Educational Services stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $16.52, for a total transaction of $578,150.44. Following the completion of the sale, the insider now owns 669,926 shares in the company, valued at $11,067,177.52. This trade represents a 4.96 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Large shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Juniper Investment Company, Ll also recently made the following trade(s):

• On Wednesday, November 27th, Juniper Investment Company, Ll sold 60,000 shares of Lincoln Educational Services stock. The shares were sold at an average price of $16.62, for a total transaction of $997,200.00.
• On Wednesday, November 13th, Juniper Investment Company, Ll sold 7,123 shares of Lincoln Educational Services stock. The stock was sold at an average price of $16.86, for a total transaction of $120,093.78.

Lincoln Educational Services Stock Performance

LINC opened at $16.49 on Thursday. The company has a quick ratio of 1.53, a current ratio of 1.57 and a debt-to-equity ratio of 0.17. Lincoln Educational Services Co. has a 12-month low of $8.78 and a 12-month high of $18.74. The business has a 50 day moving average of $13.53 and a 200-day moving average of $12.55. The stock has a market cap of $519.09 million, a price-to-earnings ratio of 51.53, a PEG ratio of 2.02 and a beta of 1.41.

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

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. Rosenblatt Securities raised their price objective on Lincoln Educational Services from $15.00 to $17.00 and gave the company a “buy” rating in a report on Friday, August 9th. StockNews.com lowered Lincoln Educational Services from a “buy” rating to a “hold” rating in a research report on Wednesday, October 9th. Barrington Research increased their price objective on Lincoln Educational Services from $16.00 to $20.00 and gave the company an “outperform” rating in a report on Monday, November 11th. Finally, B. Riley boosted their target price on shares of Lincoln Educational Services from $15.00 to $20.00 and gave the stock a “buy” rating in a report on Thursday, November 7th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, Lincoln Educational Services currently has an average rating of “Moderate Buy” and a consensus price target of $18.00.

Institutional Trading of Lincoln Educational Services

A number of hedge funds have recently modified their holdings of LINC. Barclays PLC raised its holdings in Lincoln Educational Services by 259.0% in the 3rd quarter. Barclays PLC now owns 34,220 shares of the company’s stock valued at $408,000 after acquiring an additional 24,688 shares during the period. Geode Capital Management LLC grew its position in shares of Lincoln Educational Services by 1.9% in the third quarter. Geode Capital Management LLC now owns 636,160 shares of the company’s stock valued at $7,598,000 after purchasing an additional 11,650 shares during the last quarter. Jane Street Group LLC increased its stake in shares of Lincoln Educational Services by 63.6% during the third quarter. Jane Street Group LLC now owns 38,367 shares of the company’s stock worth $458,000 after purchasing an additional 14,913 shares during the period. State Street Corp lifted its holdings in Lincoln Educational Services by 3.0% during the 3rd quarter. State Street Corp now owns 440,136 shares of the company’s stock worth $5,255,000 after purchasing an additional 12,938 shares during the last quarter. Finally, Needham Investment Management LLC lifted its holdings in Lincoln Educational Services by 71.4% during the 3rd quarter. Needham Investment Management LLC now owns 600,000 shares of the company’s stock worth $7,164,000 after purchasing an additional 250,000 shares during the last quarter. Institutional investors and hedge funds own 72.23% of the company’s stock.

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.