Campbell & CO Investment Adviser LLC Sells 24,753 Shares of Lincoln Educational Services Corporation $LINC

Campbell & CO Investment Adviser LLC cut its position in shares of Lincoln Educational Services Corporation (NASDAQ:LINC) by 68.4% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,452 shares of the company’s stock after selling 24,753 shares during the quarter. Campbell & CO Investment Adviser LLC’s holdings in Lincoln Educational Services were worth $269,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in LINC. State of Alaska Department of Revenue bought a new position in Lincoln Educational Services in the third quarter worth $35,000. Strs Ohio bought a new stake in shares of Lincoln Educational Services during the 1st quarter valued at $48,000. Stanley Laman Group Ltd. purchased a new stake in shares of Lincoln Educational Services in the 3rd quarter worth about $49,000. McIlrath & Eck LLC increased its stake in shares of Lincoln Educational Services by 24.2% in the 3rd quarter. McIlrath & Eck LLC now owns 2,815 shares of the company’s stock worth $66,000 after acquiring an additional 548 shares in the last quarter. Finally, USA Financial Formulas bought a new position in shares of Lincoln Educational Services in the 2nd quarter worth about $114,000. 72.23% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts recently commented on LINC shares. Zacks Research raised shares of Lincoln Educational Services from a “strong sell” rating to a “strong-buy” rating in a research note on Monday, January 12th. Northland Securities set a $28.00 target price on shares of Lincoln Educational Services in a report on Wednesday, January 7th. Weiss Ratings reissued a “hold (c+)” rating on shares of Lincoln Educational Services in a research report on Thursday. Barrington Research reaffirmed an “outperform” rating and set a $27.00 price objective on shares of Lincoln Educational Services in a research report on Monday, December 1st. Finally, Wall Street Zen upgraded Lincoln Educational Services from a “hold” rating to a “buy” rating in a research note on Saturday, December 13th. Two equities research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $26.20.

Insider Transactions at Lincoln Educational Services

In other news, Director Kevin M. Carney sold 13,866 shares of the firm’s stock in a transaction dated Friday, December 5th. The shares were sold at an average price of $22.18, for a total transaction of $307,547.88. Following the sale, the director owned 24,823 shares of the company’s stock, valued at $550,574.14. This trade represents a 35.84% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 13.60% of the company’s stock.

Lincoln Educational Services Stock Performance

Shares of LINC opened at $27.04 on Friday. The company has a market cap of $855.00 million, a price-to-earnings ratio of 60.09, a P/E/G ratio of 2.15 and a beta of 0.99. The business’s fifty day simple moving average is $23.43 and its two-hundred day simple moving average is $22.02. Lincoln Educational Services Corporation has a 12 month low of $14.10 and a 12 month high of $28.22. The company has a current ratio of 0.81, a quick ratio of 0.77 and a debt-to-equity ratio of 0.21.

Lincoln Educational Services (NASDAQ:LINC) last announced its quarterly earnings results on Monday, November 10th. The company reported $0.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.12 by $0.08. Lincoln Educational Services had a return on equity of 12.20% and a net margin of 2.86%.The firm had revenue of $141.39 million for the quarter, compared to the consensus estimate of $129.85 million. Research analysts anticipate that Lincoln Educational Services Corporation will post 0.54 earnings per share for the current fiscal year.

About Lincoln Educational Services

Lincoln Educational Services Corporation is a publicly traded provider of career-focused post-secondary vocational education in the United States. Operating under the Lincoln Tech and Lincoln Culinary Institute brands, the company delivers hands-on technical instruction across high-growth industries. Its mission centers on equipping students with practical skills and industry credentials designed to meet employer needs.

The company’s program offerings span automotive technology, skilled trades, health sciences, information technology, culinary arts and public safety.