Lincoln Educational Services (NASDAQ:LINC) Price Target Increased to $17.00 by Analysts at Rosenblatt Securities

Lincoln Educational Services (NASDAQ:LINC) had its target price hoisted by Rosenblatt Securities from $15.00 to $17.00 in a report published on Friday morning, Benzinga reports. The brokerage currently has a buy rating on the stock.

LINC has been the subject of several other reports. B. Riley upped their price objective on Lincoln Educational Services from $14.00 to $15.00 and gave the stock a buy rating in a research note on Tuesday, May 7th. Barrington Research reiterated an outperform rating and issued a $16.00 price target on shares of Lincoln Educational Services in a research note on Thursday. Lake Street Capital increased their price target on Lincoln Educational Services from $14.00 to $15.00 and gave the stock a buy rating in a research note on Tuesday, May 7th. Finally, StockNews.com lowered Lincoln Educational Services from a buy rating to a hold rating in a research note on Wednesday, May 8th. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock presently has an average rating of Buy and an average price target of $15.75.

Lincoln Educational Services Stock Performance

Shares of NASDAQ:LINC traded down $0.20 during midday trading on Friday, hitting $11.98. The company had a trading volume of 102,094 shares, compared to its average volume of 117,516. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.98 and a quick ratio of 1.94. The company has a market cap of $376.70 million, a price-to-earnings ratio of 14.09, a PEG ratio of 1.84 and a beta of 1.41. Lincoln Educational Services has a 12-month low of $7.88 and a 12-month high of $14.52. The company has a fifty day moving average of $12.03 and a two-hundred day moving average of $10.97.

Insider Activity

In other news, major shareholder Juniper Investment Company, Ll sold 25,010 shares of the firm’s stock in a transaction dated Friday, May 31st. The stock was sold at an average price of $11.75, for a total transaction of $293,867.50. Following the completion of the transaction, the insider now owns 246,299 shares in the company, valued at $2,894,013.25. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 16.80% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Herr Investment Group LLC lifted 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 acquiring an additional 88,335 shares during the last quarter. Vanguard Group Inc. lifted its holdings in shares of Lincoln Educational Services by 11.3% in the 1st 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 last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Lincoln Educational Services by 5.5% in the 2nd quarter. Dimensional Fund Advisors LP now owns 970,425 shares of the company’s stock valued at $11,509,000 after acquiring an additional 50,737 shares during the last quarter. Renaissance Technologies LLC lifted its holdings in shares of Lincoln Educational Services by 12.6% in 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 during the last quarter. Finally, First Eagle Investment Management LLC lifted its holdings in shares of Lincoln Educational Services by 13.6% in the 1st quarter. First Eagle Investment Management LLC now owns 613,097 shares of the company’s stock valued at $6,333,000 after acquiring an additional 73,321 shares during the last quarter. Hedge funds and other institutional investors own 72.23% of the company’s stock.

Lincoln Educational Services Company 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.