Vanguard Group Inc. Has $13.88 Million Stock Holdings in Lincoln Educational Services Co. (NASDAQ:LINC)

Vanguard Group Inc. increased its holdings in shares of Lincoln Educational Services Co. (NASDAQ:LINC) by 11.3% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,343,181 shares of the company’s stock after purchasing an additional 136,334 shares during the period. Vanguard Group Inc.’s holdings in Lincoln Educational Services were worth $13,875,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. AJOVista LLC bought a new stake in Lincoln Educational Services in the fourth quarter valued at $67,000. New York State Common Retirement Fund increased its position in Lincoln Educational Services by 1,513.5% in the 4th quarter. New York State Common Retirement Fund now owns 8,600 shares of the company’s stock valued at $86,000 after buying an additional 8,067 shares in the last quarter. BNP Paribas Financial Markets raised its stake in Lincoln Educational Services by 60.2% during the 1st quarter. BNP Paribas Financial Markets now owns 11,218 shares of the company’s stock worth $116,000 after buying an additional 4,217 shares during the period. SG Americas Securities LLC raised its stake in Lincoln Educational Services by 31.1% during the 4th quarter. SG Americas Securities LLC now owns 13,410 shares of the company’s stock worth $135,000 after buying an additional 3,182 shares during the period. Finally, Trexquant Investment LP boosted its holdings in Lincoln Educational Services by 91.1% in the fourth quarter. Trexquant Investment LP now owns 53,154 shares of the company’s stock worth $534,000 after acquiring an additional 25,333 shares in the last quarter. Institutional investors and hedge funds own 72.23% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on LINC shares. Rosenblatt Securities upped their target price on Lincoln Educational Services from $15.00 to $17.00 and gave the stock a “buy” rating in a research report on Friday, August 9th. Lake Street Capital upped their price objective on shares of Lincoln Educational Services from $14.00 to $15.00 and gave the stock a “buy” rating in a report on Tuesday, May 7th. Barrington Research reiterated an “outperform” rating and set a $16.00 price objective on shares of Lincoln Educational Services in a report on Thursday, August 8th. B. Riley boosted their target price on shares of Lincoln Educational Services from $14.00 to $15.00 and gave the stock a “buy” rating in a research report on Tuesday, May 7th. Finally, StockNews.com raised shares of Lincoln Educational Services from a “hold” rating to a “buy” rating in a research report on Friday, August 9th. Five research analysts have rated the stock with a buy rating, According to data from MarketBeat, Lincoln Educational Services currently has a consensus rating of “Buy” and a consensus price target of $15.75.

Insider Activity

In related news, major shareholder Juniper Investment Company, Ll sold 25,010 shares of the business’s stock in a transaction dated Friday, May 31st. The shares were sold at an average price of $11.75, for a total transaction of $293,867.50. Following the transaction, the insider now directly owns 246,299 shares in the company, valued at $2,894,013.25. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 16.80% of the stock is currently owned by corporate insiders.

Lincoln Educational Services Price Performance

Shares of NASDAQ:LINC opened at $11.87 on Wednesday. Lincoln Educational Services Co. has a 1-year low of $7.88 and a 1-year high of $14.52. The company has a current ratio of 1.98, a quick ratio of 1.94 and a debt-to-equity ratio of 0.18. The stock has a market cap of $373.24 million, a PE ratio of 13.96, a price-to-earnings-growth ratio of 1.84 and a beta of 1.41. The stock’s fifty day simple moving average is $12.05 and its two-hundred day simple moving average is $11.02.

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.