Lincoln Educational Services Co. (NASDAQ:LINC) Director Sells $161,358.11 in Stock

Lincoln Educational Services Co. (NASDAQ:LINC) Director Michael A. Plater sold 10,471 shares of the stock in a transaction that occurred on Thursday, November 14th. The shares were sold at an average price of $15.41, for a total value of $161,358.11. Following the transaction, the director now owns 31,608 shares of the company’s stock, valued at $487,079.28. This represents a 24.88 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Lincoln Educational Services Trading Down 1.5 %

Lincoln Educational Services stock traded down $0.23 during mid-day trading on Friday, hitting $15.19. The company’s stock had a trading volume of 90,241 shares, compared to its average volume of 109,696. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.75 and a current ratio of 1.57. The company has a 50 day moving average of $12.79 and a 200-day moving average of $12.26. Lincoln Educational Services Co. has a one year low of $8.78 and a one year high of $18.74. The stock has a market cap of $478.18 million, a PE ratio of 48.19, a P/E/G ratio of 2.01 and a beta of 1.41.

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Herr Investment Group LLC raised its holdings in shares of Lincoln Educational Services by 3.9% in the 1st quarter. Herr Investment Group LLC now owns 2,355,737 shares of the company’s stock valued at $24,335,000 after purchasing an additional 88,335 shares in the last quarter. Vanguard Group Inc. increased its holdings in Lincoln Educational Services by 11.3% during the first quarter. Vanguard Group Inc. now owns 1,343,181 shares of the company’s stock valued at $13,875,000 after buying an additional 136,334 shares during the period. Dimensional Fund Advisors LP raised its stake in Lincoln Educational Services by 5.5% in the second quarter. Dimensional Fund Advisors LP now owns 970,425 shares of the company’s stock worth $11,509,000 after buying an additional 50,737 shares in the last quarter. First Eagle Investment Management LLC lifted its holdings in Lincoln Educational Services by 25.4% during the second quarter. First Eagle Investment Management LLC now owns 768,851 shares of the company’s stock worth $9,119,000 after buying an additional 155,754 shares during the period. Finally, Renaissance Technologies LLC boosted its position in Lincoln Educational Services by 12.6% during the 2nd quarter. Renaissance Technologies LLC now owns 645,678 shares of the company’s stock valued at $7,658,000 after acquiring an additional 72,400 shares in the last quarter. 72.23% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the stock. Barrington Research upped their price target 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. Rosenblatt Securities upped their target price on shares of Lincoln Educational Services from $15.00 to $17.00 and gave the company a “buy” rating in a research report on Friday, August 9th. B. Riley increased their price target on shares of Lincoln Educational Services from $15.00 to $20.00 and gave the company a “buy” rating in a report on Thursday, November 7th. Finally, StockNews.com downgraded Lincoln Educational Services from a “buy” rating to a “hold” rating in a research report on Wednesday, October 9th. One analyst has rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $18.00.

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.