GABELLI & Co INVESTMENT ADVISERS INC. decreased its position in Apollo Education Group Inc (NASDAQ:APOL) by 55.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 221,859 shares of the company’s stock after selling 277,242 shares during the period. GABELLI & Co INVESTMENT ADVISERS INC.’s holdings in Apollo Education Group were worth $2,196,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Eqis Capital Management Inc. purchased a new position in Apollo Education Group during the third quarter worth $129,000. Teacher Retirement System of Texas increased its position in Apollo Education Group by 21.1% in the second quarter. Teacher Retirement System of Texas now owns 14,450 shares of the company’s stock worth $132,000 after buying an additional 2,521 shares during the period. Great West Life Assurance Co. Can raised its stake in shares of Apollo Education Group by 146.7% in the third quarter. Great West Life Assurance Co. Can now owns 17,009 shares of the company’s stock worth $135,000 after buying an additional 10,115 shares in the last quarter. Trexquant Investment LP bought a new stake in shares of Apollo Education Group during the fourth quarter worth approximately $135,000. Finally, Quantitative Systematic Strategies LLC bought a new stake in shares of Apollo Education Group during the second quarter worth approximately $167,000. 73.28% of the stock is currently owned by institutional investors and hedge funds.
Apollo Education Group Inc (NASDAQ:APOL) traded up 0.000% during trading on Tuesday, hitting $9.995. The company has a 50 day moving average price of $9.91 and a 200-day moving average price of $9.06. Apollo Education Group Inc has a 52 week low of $6.80 and a 52 week high of $10.00.
Apollo Education Group (NASDAQ:APOL) last issued its quarterly earnings data on Monday, January 9th. The company reported $0.14 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.19 by $0.05. Apollo Education Group had a negative net margin of 0.99% and a positive return on equity of 4.31%. The business had revenue of $484.50 million for the quarter. During the same period last year, the firm posted $0.29 earnings per share. Apollo Education Group’s revenue for the quarter was down 17.3% on a year-over-year basis. Equities analysts anticipate that Apollo Education Group Inc will post $0.58 earnings per share for the current fiscal year.
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Separately, Goldman Sachs Group, Inc. (The) raised Apollo Education Group to a “buy” rating in a report on Wednesday, January 4th. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Apollo Education Group currently has an average rating of “Hold” and an average target price of $9.50.
About Apollo Education Group
Apollo Education Group, Inc is a United States-based education provider. The Company offers undergraduate, graduate, certificate and non-degree educational programs and services, online and on-campus, to working adults in the United States and abroad. Its segments include University of Phoenix, Apollo Global and Other.
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