1.91 is Career Education Corp’s (NASDAQ:CECO) Institutional Investor Sentiment

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Sentiment for Career Education Corp (NASDAQ:CECO)

Career Education Corp (NASDAQ:CECO) institutional sentiment increased to 1.91 in Q2 2018. Its up 0.51, from 1.4 in 2018Q1. The ratio increased, as 84 active investment managers opened new or increased equity positions, while 44 cut down and sold stakes in Career Education Corp. The active investment managers in our partner’s database now hold: 54.39 million shares, up from 51.75 million shares in 2018Q1. Also, the number of active investment managers holding Career Education Corp in their top 10 equity positions was flat from 3 to 3 for the same number . Sold All: 3 Reduced: 41 Increased: 59 New Position: 25.

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 $931.31 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 decreased 0.82% or $0.11 during the last trading session, reaching $13.35. About 284,381 shares traded. Career Education Corporation (NASDAQ:CECO) has risen 45.25% since December 7, 2017 and is uptrending. It has outperformed by 29.63% the S&P500.

Analysts await Career Education Corporation (NASDAQ:CECO) to report earnings on February, 20. They expect $0.25 EPS, up 108.33 % or $0.13 from last year’s $0.12 per share. CECO’s profit will be $17.44M for 13.35 P/E if the $0.25 EPS becomes a reality. After $0.25 actual EPS reported by Career Education Corporation for the previous quarter, Wall Street now forecasts 0.00 % EPS growth.

Kenmare Capital Partners L.L.C. holds 15.41% of its portfolio in Career Education Corporation for 825,977 shares. Lonestar Capital Management Llc owns 1.00 million shares or 5.36% of their US portfolio. Moreover, Mangrove Partners has 1.87% invested in the company for 1.80 million shares. The Illinois-based Oberweis Asset Management Inc has invested 0.89% in the stock. Frontier Capital Management Co Llc, a Massachusetts-based fund reported 6.67 million shares.

Since January 1, 0001, it had 0 insider buys, and 5 insider sales for $4.33 million activity.

More notable recent Career Education Corporation (NASDAQ:CECO) news were published by: Nasdaq.com which released: “Lincoln Electric Acquires Inovatech to Aid Cutting Solutions – Nasdaq” on December 04, 2018, also Nasdaq.com with their article: “Grainger Rallies 10% Since Q3: Will the Momentum Continue? – Nasdaq” published on November 27, 2018, Nasdaq.com published: “Career Education (CECO) Tops Q3 Earnings Estimates – Nasdaq” on November 01, 2018. More interesting news about Career Education Corporation (NASDAQ:CECO) were released by: Nasdaq.com and their article: “Here’s Why You Should Hold Dover Stock in Your Portfolio – Nasdaq” published on November 21, 2018 as well as Nasdaq.com‘s news article titled: “Here’s Why You Should Hold Sonoco Stock in Your Portfolio – Nasdaq” with publication date: December 05, 2018.

Career Education Corporation (NASDAQ:CECO) Institutional Positions Chart

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