1 week Ago By Defense World Staff
Invesco Ltd. raised its holdings in shares of Lincoln Educational Services Co. (NASDAQ:LINC – Free Report) by 485.
7% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 295,032 shares of the company’s stock after buying an additional 244,657 shares during the period. Invesco Ltd.
owned about 0.94% of Lincoln Educational Services worth $4,667,000 at the end of the most recent reporting period. A number of other institutional investors and hedge funds have also recently modified their holdings of LINC.
JPMorgan Chase & Co. boosted its holdings in Lincoln Educational Services by 190.5% during the 4th quarter.
JPMorgan Chase & Co. now owns 115,177 shares of the company’s stock valued at $1,822,000 after acquiring an additional 75,531 shares during the period. Arrowstreet Capital Limited Partnership boosted its stake in shares of Lincoln Educational Services by 28.
6% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 291,814 shares of the company’s stock valued at $4,616,000 after purchasing an additional 64,954 shares during the period. First Eagle Investment Management LLC grew its holdings in shares of Lincoln Educational Services by 5.
2% in the fourth quarter. First Eagle Investment Management LLC now owns 833,093 shares of the company’s stock worth $13,180,000 after purchasing an additional 41,442 shares during the last quarter. AMH Equity Ltd increased its stake in shares of Lincoln Educational Services by 60.
0% in the fourth quarter. AMH Equity Ltd now owns 80,000 shares of the company’s stock worth $1,266,000 after buying an additional 30,000 shares during the period. Finally, Calamos Advisors LLC raised its holdings in Lincoln Educational Services by 38.
7% during the 4th quarter. Calamos Advisors LLC now owns 91,629 shares of the company’s stock valued at $1,450,000 after buying an additional 25,560 shares during the last quarter. 72.
23% of the stock is owned by institutional investors. Lincoln Educational Services Price PerformanceLINC opened at $17.38 on Friday.
Lincoln Educational Services Co. has a 12-month low of $10.06 and a 12-month high of $19.
79. The company has a market cap of $549.09 million, a price-to-earnings ratio of 54.
31, a price-to-earnings-growth ratio of 1.70 and a beta of 1.57.
The company has a current ratio of 1.57, a quick ratio of 1.53 and a debt-to-equity ratio of 0.
17. The stock has a fifty day simple moving average of $16.49 and a two-hundred day simple moving average of $15.
77. Lincoln Educational Services (NASDAQ:LINC – Get Free Report) last issued its quarterly earnings results on Monday, February 24th. The company reported $0.
31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.20 by $0.11.
The company had revenue of $119.37 million during the quarter, compared to analysts’ expectations of $110.50 million.
Lincoln Educational Services had a net margin of 2.33% and a return on equity of 10.60%.
Research analysts predict that Lincoln Educational Services Co. will post 0.54 earnings per share for the current fiscal year.
Analysts Set New Price TargetsA number of research firms have issued reports on LINC. Barrington Research restated an “outperform” rating and issued a $22.00 price objective on shares of Lincoln Educational Services in a research report on Wednesday, March 26th.
Rosenblatt Securities boosted their price target on Lincoln Educational Services from $20.00 to $24.00 and gave the company a “buy” rating in a report on Tuesday, February 25th.
Northland Capmk upgraded Lincoln Educational Services to a “strong-buy” rating in a report on Thursday. Northland Securities began coverage on Lincoln Educational Services in a research note on Thursday. They set an “outperform” rating and a $24.
00 target price on the stock. Finally, B. Riley started coverage on Lincoln Educational Services in a research note on Friday, March 28th.
They issued a “buy” rating and a $23.00 price target for the company. One analyst has rated the stock with a hold rating, four have given a buy rating and two have assigned a strong buy rating to the company.
Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $21.60.
Check Out Our Latest Stock Report on Lincoln Educational ServicesLincoln Educational Services Company Profile (Free Report)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.
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