Lincoln Educational Services (NASDAQ:LINC) Given New $20.00 Price Target at Barrington Research

Lincoln Educational Services (NASDAQ:LINC) had its target price lifted by Barrington Research from $16.00 to $20.00 in a report published on Monday morning,Benzinga reports. Barrington Research currently has an outperform rating on the stock.

LINC has been the topic of a number of other reports. StockNews.com cut Lincoln Educational Services from a “buy” rating to a “hold” rating in a report on Wednesday, October 9th. Rosenblatt Securities boosted their price objective on shares of Lincoln Educational Services from $15.00 to $17.00 and gave the stock a “buy” rating in a report on Friday, August 9th. Finally, B. Riley increased their target price on shares of Lincoln Educational Services from $15.00 to $20.00 and gave the company a “buy” rating in a report on Thursday, November 7th. One analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $18.00.

Lincoln Educational Services Stock Performance

Lincoln Educational Services stock opened at $16.78 on Monday. Lincoln Educational Services has a fifty-two week low of $8.78 and a fifty-two week high of $18.74. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.75 and a current ratio of 1.78. The stock has a market cap of $528.23 million, a P/E ratio of 64.54, a price-to-earnings-growth ratio of 2.12 and a beta of 1.41. The firm’s fifty day moving average price is $12.61 and its 200-day moving average price is $12.18.

Insider Buying and Selling at Lincoln Educational Services

In other news, major shareholder Juniper Investment Company, Ll sold 2,270 shares of the firm’s stock in a transaction that occurred on Monday, August 19th. The shares were sold at an average price of $12.04, for a total value of $27,330.80. Following the transaction, the insider now owns 874,140 shares in the company, valued at approximately $10,524,645.60. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Over the last 90 days, insiders sold 38,912 shares of company stock worth $467,597. 16.80% of the stock is currently owned by insiders.

Institutional Trading of Lincoln Educational Services

Institutional investors have recently modified their holdings of the company. Connor Clark & Lunn Investment Management Ltd. increased its stake in shares of Lincoln Educational Services by 10.6% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 105,364 shares of the company’s stock valued at $1,258,000 after buying an additional 10,081 shares during the period. Pullen Investment Management LLC increased its position in Lincoln Educational Services by 15.3% during the 3rd quarter. Pullen Investment Management LLC now owns 143,950 shares of the company’s stock valued at $1,719,000 after purchasing an additional 19,118 shares during the period. Essex Investment Management Co. LLC raised its holdings in Lincoln Educational Services by 0.3% in the 3rd quarter. Essex Investment Management Co. LLC now owns 443,739 shares of the company’s stock worth $5,298,000 after purchasing an additional 1,490 shares in the last quarter. SG Americas Securities LLC purchased a new stake in shares of Lincoln Educational Services in the 3rd quarter worth about $121,000. Finally, The Manufacturers Life Insurance Company bought a new stake in shares of Lincoln Educational Services during the 2nd quarter valued at about $123,000. 72.23% of the stock is currently owned by hedge funds and other institutional investors.

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.