Juniper Investment Company, Ll Sells 60,000 Shares of Lincoln Educational Services Co. (NASDAQ:LINC) Stock

Lincoln Educational Services Co. (NASDAQ:LINC) major shareholder Juniper Investment Company, Ll sold 60,000 shares of Lincoln Educational Services stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $16.62, for a total transaction of $997,200.00. Following the transaction, the insider now directly owns 605,005 shares in the company, valued at approximately $10,055,183.10. This trade represents a 9.02 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Large shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

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

• On Monday, November 25th, Juniper Investment Company, Ll sold 34,997 shares of Lincoln Educational Services stock. The shares were sold at an average price of $16.52, for a total transaction of $578,150.44.
• On Wednesday, November 13th, Juniper Investment Company, Ll sold 7,123 shares of Lincoln Educational Services stock. The shares were sold at an average price of $16.86, for a total transaction of $120,093.78.

Lincoln Educational Services Stock Up 0.2 %

LINC stock opened at $16.49 on Friday. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.57 and a quick ratio of 1.53. Lincoln Educational Services Co. has a 1-year low of $8.78 and a 1-year high of $18.74. The firm has a fifty day moving average price of $13.53 and a two-hundred day moving average price of $12.55. The firm 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 announced its quarterly earnings results on Monday, November 11th. The company reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate 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 firm had revenue of $114.41 million for the quarter, compared to analyst estimates of $111.05 million. During the same period last year, the firm posted $0.11 EPS. Research analysts predict that Lincoln Educational Services Co. will post 0.54 EPS for the current year.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on LINC shares. B. Riley lifted their price target on shares of Lincoln Educational Services from $15.00 to $20.00 and gave the stock a “buy” rating in a research note on Thursday, November 7th. StockNews.com lowered shares of Lincoln Educational Services from a “buy” rating to a “hold” rating in a research note on Wednesday, October 9th. Barrington Research lifted their price target on shares of Lincoln Educational Services from $16.00 to $20.00 and gave the stock an “outperform” rating in a research note on Monday, November 11th. Finally, 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 note on Friday, August 9th. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, Lincoln Educational Services has an average rating of “Moderate Buy” and an average target price of $18.00.

Hedge Funds Weigh In On Lincoln Educational Services

Several hedge funds and other institutional investors have recently modified their holdings of LINC. Needham Investment Management LLC boosted its holdings in shares of Lincoln Educational Services by 71.4% during the third quarter. Needham Investment Management LLC now owns 600,000 shares of the company’s stock valued at $7,164,000 after acquiring an additional 250,000 shares during the period. First Eagle Investment Management LLC boosted its holdings in shares of 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 valued at $9,119,000 after acquiring an additional 155,754 shares during the period. Vanguard Group Inc. boosted its holdings in shares of 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 acquiring an additional 136,334 shares during the period. Renaissance Technologies LLC lifted its holdings in Lincoln Educational Services by 12.6% in the second 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 period. Finally, Secure Asset Management LLC acquired a new stake in Lincoln Educational Services in the second quarter worth about $612,000. Institutional investors and hedge funds own 72.23% of the company’s stock.

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.