Career Education Corp (NASDAQ:CECO) Sentiment Report

April 17, 2018 - By Hazel Jackson

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Sentiment for Career Education Corp (NASDAQ:CECO)

Career Education Corp (NASDAQ:CECO) institutional sentiment decreased to 1 in Q4 2017. Its down -0.11, from 1.11 in 2017Q3. The ratio worsened, as 56 funds opened new or increased stock positions, while 56 sold and reduced holdings in Career Education Corp. The funds in our partner’s database now have: 50.07 million shares, up from 49.62 million shares in 2017Q3. Also, the number of funds holding Career Education Corp in their top 10 stock positions was flat from 3 to 3 for the same number . Sold All: 9 Reduced: 47 Increased: 33 New Position: 23.

Career Education Corporation operates colleges, institutions, and universities that provide education to student population in various career-oriented disciplines through online, campus based, and blended learning programs in the United States. The company has market cap of $913.05 million. The firm operates through four divisions: Colorado Technical University , American InterContinental University (AIU), Culinary Arts, and Transitional Group. It currently has negative earnings. The Company’s colleges and universities include AIU, CTU, Le Cordon Bleu College of Culinary Arts, Briarcliffe College, Harrington College of Design, and Sanford-Brown College.

The stock increased 1.30% or $0.17 during the last trading session, reaching $13.21. About 60,361 shares traded. Career Education Corporation (NASDAQ:CECO) has risen 52.37% since April 17, 2017 and is uptrending. It has outperformed by 40.82% the S&P500.

Analysts await Career Education Corporation (NASDAQ:CECO) to report earnings on May, 2. They expect $0.22 EPS, up 175.00 % or $0.14 from last year’s $0.08 per share. CECO’s profit will be $15.21M for 15.01 P/E if the $0.22 EPS becomes a reality. After $0.12 actual EPS reported by Career Education Corporation for the previous quarter, Wall Street now forecasts 83.33 % EPS growth.

Kenmare Capital Partners L.L.C. holds 11.56% of its portfolio in Career Education Corporation for 876,696 shares. Mangrove Partners owns 2.53 million shares or 4.12% of their US portfolio. Moreover, Lonestar Capital Management Llc has 2.94% invested in the company for 868,806 shares. The Illinois-based Oberweis Asset Management Inc has invested 0.67% in the stock. Frontier Capital Management Co Llc, a Massachusetts-based fund reported 6.84 million shares.#img1#

Since January 1, 0001, it had 0 buys, and 1 insider sale for $543,668 activity.

Career Education Corporation (NASDAQ:CECO) Institutional Positions Chart

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