Connor Clark & Lunn Investment Management Ltd. Buys 13,099 Shares of Lincoln Educational Services Co. (NASDAQ:LINC)

Connor Clark & Lunn Investment Management Ltd. increased its stake in shares of Lincoln Educational Services Co. (NASDAQ:LINC) by 12.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 118,463 shares of the company’s stock after acquiring an additional 13,099 shares during the period. Connor Clark & Lunn Investment Management Ltd. owned about 0.38% of Lincoln Educational Services worth $1,874,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in LINC. Janus Henderson Group PLC acquired a new stake in shares of Lincoln Educational Services in the 3rd quarter valued at about $144,000. Sanctuary Advisors LLC bought a new position in shares of Lincoln Educational Services during the fourth quarter worth about $288,000. Barclays PLC raised its position in Lincoln Educational Services by 259.0% in the 3rd quarter. Barclays PLC now owns 34,220 shares of the company’s stock valued at $408,000 after buying an additional 24,688 shares during the last quarter. Jane Street Group LLC lifted its stake in Lincoln Educational Services by 63.6% in the 3rd quarter. Jane Street Group LLC now owns 38,367 shares of the company’s stock valued at $458,000 after acquiring an additional 14,913 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its position in Lincoln Educational Services by 248.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 39,646 shares of the company’s stock worth $473,000 after acquiring an additional 28,275 shares during the last quarter. 72.23% of the stock is owned by institutional investors.

Lincoln Educational Services Trading Down 1.4 %

NASDAQ LINC opened at $14.97 on Wednesday. Lincoln Educational Services Co. has a 12 month low of $9.29 and a 12 month high of $19.79. The company has a current ratio of 1.57, a quick ratio of 1.53 and a debt-to-equity ratio of 0.17. The stock has a 50 day moving average of $16.46 and a 200-day moving average of $14.90. The company has a market cap of $472.95 million, a PE ratio of 46.78, a PEG ratio of 1.70 and a beta of 1.61.

Lincoln Educational Services (NASDAQ:LINC) last announced its quarterly earnings data on Monday, February 24th. The company reported $0.31 EPS for the quarter, beating 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%. On average, equities research analysts anticipate that Lincoln Educational Services Co. will post 0.54 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the stock. Barrington Research reissued an “outperform” rating and issued a $20.00 price objective on shares of Lincoln Educational Services in a research report on Wednesday, February 19th. Rosenblatt Securities boosted their price target on shares of Lincoln Educational Services from $20.00 to $24.00 and gave the stock a “buy” rating in a research report on Tuesday, February 25th. 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, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $19.75.

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.