Paradice Investment Management LLC held its position in Lincoln Educational Services Corporation (NASDAQ:LINC) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,614,753 shares of the company’s stock at the end of the second quarter. Paradice Investment Management LLC owned about 10.58% of Lincoln Educational Services Corporation worth $8,106,000 as of its most recent filing with the SEC.

Several other institutional investors also recently added to or reduced their stakes in the stock. Spark Investment Management LLC acquired a new stake in Lincoln Educational Services Corporation during the second quarter worth approximately $109,000. Essex Investment Management Co. LLC acquired a new stake in Lincoln Educational Services Corporation during the second quarter worth approximately $133,000. Finally, Renaissance Technologies LLC boosted its stake in Lincoln Educational Services Corporation by 13.9% in the first quarter. Renaissance Technologies LLC now owns 646,681 shares of the company’s stock worth $1,817,000 after buying an additional 78,981 shares during the period. Institutional investors and hedge funds own 62.06% of the company’s stock.

Shares of Lincoln Educational Services Corporation (LINC) opened at 2.93 on Tuesday. The company has a 50-day moving average price of $3.14 and a 200 day moving average price of $2.87. The firm’s market capitalization is $72.43 million. Lincoln Educational Services Corporation has a 12-month low of $1.56 and a 12-month high of $3.74.

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

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Separately, Zacks Investment Research cut Lincoln Educational Services Corporation from a “buy” rating to a “hold” rating in a research report on Saturday, August 12th.

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).

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

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