The stock of Apollo Education Group Inc (NASDAQ:APOL) hit a new 52-week high and has $12.08 target or 28.00% above today’s $9.44 share price. The 5 months bullish chart indicates low risk for the $1.04 billion company. The 1-year high was reported on Nov, 11 by Barchart.com. If the $12.08 price target is reached, the company will be worth $291.20 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 701,470 shares traded hands or 76.63% up from the average. Apollo Education Group Inc (NASDAQ:APOL) has risen 26.52% since April 11, 2016 and is uptrending. It has outperformed by 20.38% the S&P500.
Apollo Education Group Inc (NASDAQ:APOL) Ratings Coverage
Out of 3 analysts covering Apollo Education (NASDAQ:APOL), 1 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 33% are positive. Apollo Education has been the topic of 5 analyst reports since October 23, 2015 according to StockzIntelligence Inc. The stock has “Outperform” rating given by BMO Capital Markets on Tuesday, January 12. As per Friday, October 23, the company rating was maintained by Compass Point.
According to Zacks Investment Research, “Apollo Group, Inc. has been providing higher education to working adults for over 25 years. They operate through their subsidiaries, the University of Phoenix, Inc., the Institute for Professional Development, the College for Financial Planning Institutes Corporation, Western International University, Inc., and Apollo Learning Group, Inc.”
Insitutional Activity: The institutional sentiment decreased to 0.7 in 2016 Q2. Its down 0.23, from 0.93 in 2016Q1. The ratio dropped, as 33 funds sold all Apollo Education Group Inc shares owned while 54 reduced positions. 21 funds bought stakes while 40 increased positions. They now own 74.51 million shares or 6.83% less from 79.97 million shares in 2016Q1.
Ladenburg Thalmann Financial Serv holds 0% or 142 shares in its portfolio. The California-based California State Teachers Retirement has invested 0% in Apollo Education Group Inc (NASDAQ:APOL). Moreover, Wolverine Asset Limited Liability Company has 0.01% invested in Apollo Education Group Inc (NASDAQ:APOL) for 85,245 shares. Proshare Ltd Liability accumulated 12,195 shares or 0% of the stock. Blackrock Institutional Com Na last reported 2.56 million shares in the company. Checchi Cap Advisers Lc reported 187 shares or 0% of all its holdings. Pacad Ltd owns 18,500 shares or 0.02% of their US portfolio. Hightower Advsrs Limited Liability Co has invested 0.01% of its portfolio in Apollo Education Group Inc (NASDAQ:APOL). State Street reported 1.96M shares or 0% of all its holdings. Peak6 Invs Lp has invested 0% of its portfolio in Apollo Education Group Inc (NASDAQ:APOL). Int Grp Inc Incorporated holds 0% or 49,172 shares in its portfolio. Price T Rowe Assocs Md accumulated 35,786 shares or 0% of the stock. Sei holds 0% of its portfolio in Apollo Education Group Inc (NASDAQ:APOL) for 6,741 shares. Bnp Paribas Arbitrage Sa holds 0% or 36,661 shares in its portfolio. Sphinx Trading L P reported 4,000 shares or 0.07% of all its holdings.
More notable recent Apollo Education Group Inc (NASDAQ:APOL) news were published by: Wsj.com which released: “University of Phoenix Parent Apollo Education to Be Taken Private” on February 08, 2016, also Fool.com with their article: “Why Apollo Education Group Inc. Jumped Today” published on May 02, 2016, Wsj.com published: “Apollo Global Management in Talks to Buy Apollo Education” on January 11, 2016. More interesting news about Apollo Education Group Inc (NASDAQ:APOL) were released by: Wsj.com and their article: “Apollo Education Loss Nearly Doubles From Year Earlier” published on April 06, 2016 as well as Bloomberg.com‘s news article titled: “Apollo Education Holders Approve Bid From Apollo Global” with publication date: May 07, 2016.
APOL Company Profile
Apollo Education Group, Inc., incorporated on June 30, 1981, is an education provider. The Firm offers undergraduate, graduate, certificate and no degree educational programs and services, online and on-campus, to working adults in the United States and abroad through University of Phoenix, Apollo Global and Others. The Company’s divisions include University of Phoenix, Apollo Global and Others. The University of Phoenix includes is a private university. The Apollo Global segment includes BPP Holdings Limited (BPP), Open Colleges Australia Pty Ltd (Open Colleges), Career Partner GmbH (Career Partner), Universidad Latinoamericana (ULA), Faculdade da Educacional da Lapa (FAEL), Apollo Global Chile S.A. (Apollo Global Chile), Milpark Education (Pty) Ltd. (Milpark Education) and India Education Services Private Ltd (India Education Services). The Others segment includes The College for Financial Planning Institutes Corporation (College for Financial Planning); Western International University, Inc; TIY Academy, LLC (The Iron Yard), and Apollo Professional Development.
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