Janus Henderson Group PLC Acquires Shares of 60,286 Lincoln Educational Services Corporation (LINC)

Janus Henderson Group PLC acquired a new position in shares of Lincoln Educational Services Corporation (NASDAQ:LINC) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 60,286 shares of the company’s stock, valued at approximately $187,000. Janus Henderson Group PLC owned 0.24% of Lincoln Educational Services Corporation as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Dimensional Fund Advisors LP grew its holdings in Lincoln Educational Services Corporation by 51.7% in the second quarter. Dimensional Fund Advisors LP now owns 45,695 shares of the company’s stock worth $142,000 after purchasing an additional 15,568 shares during the period. Spark Investment Management LLC bought a new position in shares of Lincoln Educational Services Corporation during the second quarter valued at about $109,000. Essex Investment Management Co. LLC bought a new position in shares of Lincoln Educational Services Corporation during the second quarter valued at about $133,000. Finally, Renaissance Technologies LLC lifted its position in shares of Lincoln Educational Services Corporation by 13.9% during the first quarter. Renaissance Technologies LLC now owns 646,681 shares of the company’s stock valued at $1,817,000 after purchasing an additional 78,981 shares in the last quarter. Institutional investors own 62.07% of the company’s stock.

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Shares of Lincoln Educational Services Corporation (NASDAQ:LINC) opened at 2.2101 on Wednesday. Lincoln Educational Services Corporation has a 12 month low of $1.57 and a 12 month high of $3.74. The firm’s 50-day moving average is $2.41 and its 200 day moving average is $2.91. The company’s market capitalization is $54.63 million.

Lincoln Educational Services Corporation (NASDAQ:LINC) last announced its quarterly earnings data on Monday, August 7th. The company reported ($0.28) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.25) by ($0.03). Lincoln Educational Services Corporation had a negative net margin of 16.19% and a negative return on equity of 24.26%. The company had revenue of $61.90 million for the quarter, compared to analysts’ expectations of $62.48 million. During the same period last year, the business earned ($0.13) earnings per share. The company’s quarterly revenue was down 9.1% compared to the same quarter last year. Equities analysts expect that Lincoln Educational Services Corporation will post ($0.46) EPS for the current year.

A number of analysts recently issued reports on LINC shares. Zacks Investment Research upgraded shares of Lincoln Educational Services Corporation from a “strong sell” rating to a “hold” rating in a report on Wednesday, July 12th. ValuEngine cut shares of Lincoln Educational Services Corporation from a “hold” rating to a “sell” rating in a research note on Wednesday, September 6th.

About Lincoln Educational Services Corporation

Lincoln Educational Services Corporation is a provider of post-secondary education. The Company operates in two segments: Transportation and Skilled Trades, and Transitional. The Transportation and Skilled Trades segment offers academic programs in the disciplines of transportation and skilled trades (automotive, diesel, heating, ventilation and air conditioning (HVAC), welding and manufacturing).

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Institutional Ownership by Quarter for Lincoln Educational Services Corporation (NASDAQ:LINC)

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