Pullen Investment Management LLC Purchases 19,118 Shares of Lincoln Educational Services Co. (NASDAQ:LINC)

Pullen Investment Management LLC increased its holdings in shares of Lincoln Educational Services Co. (NASDAQ:LINC) by 15.3% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 143,950 shares of the company’s stock after purchasing an additional 19,118 shares during the period. Lincoln Educational Services makes up approximately 1.3% of Pullen Investment Management LLC’s holdings, making the stock its 26th largest position. Pullen Investment Management LLC owned 0.46% of Lincoln Educational Services worth $1,719,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. First Eagle Investment Management LLC lifted its holdings 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 acquiring an additional 73,321 shares during the period. Vanguard Group Inc. increased its holdings in shares of Lincoln Educational Services by 11.3% in the first quarter. Vanguard Group Inc. now owns 1,343,181 shares of the company’s stock valued at $13,875,000 after purchasing an additional 136,334 shares in the last quarter. Renaissance Technologies LLC raised its position in Lincoln Educational Services by 12.6% in the 2nd quarter. Renaissance Technologies LLC now owns 645,678 shares of the company’s stock worth $7,658,000 after purchasing an additional 72,400 shares during the last quarter. Secure Asset Management LLC acquired a new position in Lincoln Educational Services during the 2nd quarter worth $612,000. Finally, Calamos Advisors LLC acquired a new stake in shares of Lincoln Educational Services in the 2nd quarter valued at $576,000. Institutional investors own 72.23% of the company’s stock.

Insider Buying and Selling

In related news, major shareholder Juniper Investment Company, Ll sold 17,031 shares of the stock in a transaction that occurred on Wednesday, August 14th. The shares were sold at an average price of $12.01, for a total transaction of $204,542.31. Following the sale, the insider now owns 935,937 shares in the company, valued at approximately $11,240,603.37. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Over the last quarter, insiders have sold 40,819 shares of company stock worth $490,481. Company insiders own 16.80% of the company’s stock.

Lincoln Educational Services Stock Down 1.3 %

LINC stock opened at $12.42 on Friday. Lincoln Educational Services Co. has a twelve month low of $8.34 and a twelve month high of $14.52. The company has a market cap of $390.98 million, a price-to-earnings ratio of 47.77, a P/E/G ratio of 1.61 and a beta of 1.42. The company has a quick ratio of 1.75, a current ratio of 1.78 and a debt-to-equity ratio of 0.17. The business has a 50 day moving average price of $12.17 and a two-hundred day moving average price of $11.82.

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

Analyst Ratings Changes

LINC has been the topic of several recent research reports. Barrington Research reaffirmed an “outperform” rating and issued a $16.00 target price on shares of Lincoln Educational Services in a research note on Friday, September 20th. Rosenblatt Securities lifted their price target on shares of Lincoln Educational Services from $15.00 to $17.00 and gave the stock a “buy” rating in a research report on Friday, August 9th. Finally, StockNews.com cut shares of Lincoln Educational Services from a “buy” rating to a “hold” rating in a research report on Wednesday, October 9th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price 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.