Pacific Ridge Capital Partners LLC Has $5.38 Million Stock Position in Lincoln Educational Services Co. (NASDAQ:LINC)

Pacific Ridge Capital Partners LLC lowered its position in Lincoln Educational Services Co. (NASDAQ:LINC) by 1.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 340,159 shares of the company’s stock after selling 4,060 shares during the period. Pacific Ridge Capital Partners LLC owned about 1.08% of Lincoln Educational Services worth $5,381,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Janus Henderson Group PLC bought a new stake in shares of Lincoln Educational Services in the third quarter worth about $144,000. Sanctuary Advisors LLC bought a new stake in Lincoln Educational Services during the 4th quarter worth approximately $288,000. Barclays PLC raised its holdings in Lincoln Educational Services by 259.0% during the 3rd quarter. Barclays PLC now owns 34,220 shares of the company’s stock worth $408,000 after buying an additional 24,688 shares during the period. Jane Street Group LLC raised its holdings in Lincoln Educational Services by 63.6% during the 3rd quarter. Jane Street Group LLC now owns 38,367 shares of the company’s stock worth $458,000 after buying an additional 14,913 shares during the period. Finally, JPMorgan Chase & Co. lifted its stake in Lincoln Educational Services by 248.7% in the third quarter. JPMorgan Chase & Co. now owns 39,646 shares of the company’s stock valued at $473,000 after buying an additional 28,275 shares in the last quarter. Institutional investors and hedge funds own 72.23% of the company’s stock.

Lincoln Educational Services Stock Performance

Shares of LINC opened at $15.61 on Thursday. The stock has a market capitalization of $493.17 million, a price-to-earnings ratio of 48.78, a PEG ratio of 1.70 and a beta of 1.61. Lincoln Educational Services Co. has a 12 month low of $9.51 and a 12 month high of $19.79. The firm has a fifty day simple moving average of $16.53 and a 200 day simple moving average of $15.03. The company has a current ratio of 1.57, a quick ratio of 1.53 and a debt-to-equity ratio of 0.17.

Lincoln Educational Services (NASDAQ:LINC) last posted its quarterly earnings data on Monday, February 24th. The company reported $0.31 EPS for the quarter, topping analysts’ consensus estimates of $0.20 by $0.11. The company had revenue of $119.37 million during the quarter, compared to the consensus estimate of $110.50 million. Lincoln Educational Services had a net margin of 2.33% and a return on equity of 10.60%. Research analysts forecast that Lincoln Educational Services Co. will post 0.54 EPS for the current fiscal year.

Analysts Set New Price Targets

LINC has been the subject of several research reports. Barrington Research reissued an “outperform” rating and set a $22.00 price objective on shares of Lincoln Educational Services in a research report on Wednesday. Rosenblatt Securities increased their target price on Lincoln Educational Services from $20.00 to $24.00 and gave the stock a “buy” rating in a report on Tuesday, February 25th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $20.25.

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.