The stock of Career Education Corp. (NASDAQ:CECO) is a huge mover today! About 150,822 shares traded hands. Career Education Corp. (NASDAQ:CECO) has risen 97.35% since April 18, 2016 and is uptrending. It has outperformed by 92.92% the S&P500.
The move comes after 6 months positive chart setup for the $702.69M company. It was reported on Nov, 18 by Barchart.com. We have $12.69 PT which if reached, will make NASDAQ:CECO worth $203.78M 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 2.03 in Q2 2016. Its up 0.63, from 1.4 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.
Manufacturers Life Insur The holds 0% of its portfolio in Career Education Corp. (NASDAQ:CECO) for 46,366 shares. D E Shaw Co Incorporated has 488,967 shares for 0.01% of their US portfolio. Panagora Asset has invested 0.01% of its portfolio in Career Education Corp. (NASDAQ:CECO). Gsa Capital Ptnrs Llp accumulated 0.02% or 47,832 shares. Bnp Paribas Arbitrage Sa holds 0% or 21,136 shares in its portfolio. Parametric Port Associates Limited Company last reported 276,168 shares in the company. Dimensional Fund Advisors Lp has 3.44 million shares for 0.01% of their US portfolio. Moreover, Essex Inv Company Lc has 0.14% invested in Career Education Corp. (NASDAQ:CECO) for 137,145 shares. Pnc Svcs Group Inc, a Pennsylvania-based fund reported 10,532 shares. Blackrock Ltd Liability Corporation reported 309,961 shares or 0% of all its holdings. Bank Of Montreal Can accumulated 712 shares or 0% of the stock. State Board Of Administration Of Florida Retirement System holds 0% or 51,528 shares in its portfolio. Barclays Public Limited Co last reported 69 shares in the company. The California-based Blackrock Fund Advsr has invested 0.01% in Career Education Corp. (NASDAQ:CECO). Tower Research Cap Limited Liability (Trc) has 0% invested in the company for 7,347 shares.
More notable recent Career Education Corp. (NASDAQ:CECO) news were published by: Seekingalpha.com which released: “Watch For A Sharp Drop In Career Education Corp.” on January 26, 2016, also Seekingalpha.com with their article: “Career Education Corporation: Mr. Market Is Waking Up” published on March 08, 2016, Businesswire.com published: “Career Education Corporation Reports Results for Third Quarter 2016” on November 03, 2016. More interesting news about Career Education Corp. (NASDAQ:CECO) were released by: Dailyherald.com and their article: “Career Education plans to close Le Cordon Bleu schools” published on December 16, 2015 as well as Businesswire.com‘s news article titled: “Career Education Corporation Reports Results for First Quarter 2016” with publication date: May 04, 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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