The stock of Career Education Corp. (NASDAQ:CECO) is a huge mover today! About 180,270 shares traded hands. Career Education Corp. (NASDAQ:CECO) has risen 52.97% since April 5, 2016 and is uptrending. It has outperformed by 51.01% the S&P500.
The move comes after 7 months positive chart setup for the $483.85 million company. It was reported on Nov, 7 by Barchart.com. We have $19.05 PT which if reached, will make NASDAQ:CECO worth $783.84M more.
According to Zacks Investment Research, “Career Education Corporation is a provider of private, for-profit post-secondary education with campuses throughout the United States and Canada, the United Kingdom and the United Arab Emirates. Their schools enjoy long operating histories and offer a variety of master’s degree, bachelor’s degree, associate degree, and diploma programs in career-oriented disciplines. They offer educational programs principally in the following four career-related fields of study, Visual Communication and Design Technologies, Information Technology, Business Studies, and Culinary Arts.”
Insitutional Activity: The institutional sentiment increased to 1.4 in 2016 Q2. Its up 0.13, from 1.27 in 2016Q1. The ratio is positive, as 12 funds sold all Career Education Corp. shares owned while 30 reduced positions. 18 funds bought stakes while 41 increased positions. They now own 47.04 million shares or 2.02% more from 46.11 million shares in 2016Q1.
Moreover, Menta Limited has 0.02% invested in Career Education Corp. (NASDAQ:CECO) for 21,143 shares. Strs Ohio owns 115,600 shares or 0% of their US portfolio. American Int Group holds 0% of its portfolio in Career Education Corp. (NASDAQ:CECO) for 50,002 shares. California State Teachers Retirement Sys holds 0% of its portfolio in Career Education Corp. (NASDAQ:CECO) for 140,189 shares. Springbok Limited Com accumulated 3,800 shares or 0% of the stock. Teachers Advsr Inc has 104,502 shares for 0% of their US portfolio. Nationwide Fund Advisors last reported 87,923 shares in the company. Ubs Asset Mngmt Americas has 52,100 shares for 0% of their US portfolio. Jpmorgan Chase And last reported 0% of its portfolio in the stock. Essex Management Ltd Liability Com has 0.14% invested in the company for 137,145 shares. The Connecticut-based Aqr Cap Mngmt Lc has invested 0% in Career Education Corp. (NASDAQ:CECO). Moreover, D E Shaw has 0.01% invested in Career Education Corp. (NASDAQ:CECO) for 488,967 shares. Eam Invsts Limited Liability Corp accumulated 287,989 shares or 0.26% of the stock. Great West Life Assurance Com Can last reported 11,289 shares in the company. Swiss Bank & Trust accumulated 0% or 134,700 shares.
More notable recent Career Education Corp. (NASDAQ:CECO) news were published by: Businesswire.com which released: “Career Education Corporation Reports Results for Third Quarter 2016” on November 03, 2016, also Businesswire.com with their article: “Career Education Names Experienced Education Industry Executive Todd Nelson as …” published on July 31, 2015, Seekingalpha.com published: “Watch For A Sharp Drop In Career Education Corp.” on January 26, 2016. More interesting news about Career Education Corp. (NASDAQ:CECO) were released by: Businesswire.com and their article: “Career Education Corporation Announces Changes in Senior Leadership” published on October 13, 2015 as well as Dailyherald.com‘s news article titled: “Career Education names new board member” with publication date: October 26, 2016.
CECO Company Profile
Career Education Corporation (CEC), incorporated on January 5, 1994, through its colleges, institutions and universities, offers education to students in a range of career-oriented disciplines through online, on-ground and hybrid learning programs. The Company’s American InterContinental University (AIU) and Colorado Technical University (CTU) provide degree programs through the master’s or doctoral level as well as associate and bachelor’s levels. The Company’s operating divisions include CTU, AIU, Culinary Arts, Transitional Group, and Corporate and Other.
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