Apollo Education Group, Inc. (NASDAQ:APOL) posted its quarterly earnings results on Monday. The company reported $0.14 EPS for the quarter, missing analysts’ consensus estimates of $0.19 by $0.05. The company earned $484.50 million during the quarter, compared to the consensus estimate of $494.60 million. Apollo Education Group had a positive return on equity of 5.79% and a negative net margin of 4.02%. The company’s revenue for the quarter was down 17.3% compared to the same quarter last year. During the same period last year, the firm posted $0.29 EPS.
Apollo Education Group (NASDAQ:APOL) traded down 0.10% on Monday, reaching $9.94. 1,027,173 shares of the company were exchanged. Apollo Education Group has a 12-month low of $6.31 and a 12-month high of $9.97. The firm has a 50-day moving average of $9.68 and a 200 day moving average of $8.95. The firm’s market capitalization is $1.09 billion.
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Separately, Goldman Sachs Group, Inc. (The) raised shares of Apollo Education Group to a “buy” rating in a report on Wednesday, January 4th. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Apollo Education Group has an average rating of “Hold” and a consensus target price of $9.50.
Large investors have recently bought and sold shares of the stock. FMR LLC boosted its stake in Apollo Education Group by 285.9% in the second quarter. FMR LLC now owns 2,386,815 shares of the company’s stock worth $21,768,000 after buying an additional 1,768,315 shares during the last quarter. Morgan Stanley increased its position in shares of Apollo Education Group by 17.9% in the third quarter. Morgan Stanley now owns 2,353,455 shares of the company’s stock worth $18,710,000 after buying an additional 357,947 shares during the period. Vanguard Group Inc. increased its position in shares of Apollo Education Group by 4.6% in the second quarter. Vanguard Group Inc. now owns 6,715,625 shares of the company’s stock worth $61,247,000 after buying an additional 295,556 shares during the period. UBS Group AG increased its position in shares of Apollo Education Group by 133.8% in the third quarter. UBS Group AG now owns 287,693 shares of the company’s stock worth $2,287,000 after buying an additional 164,630 shares during the period. Finally, Credit Suisse AG increased its position in shares of Apollo Education Group by 73.0% in the third quarter. Credit Suisse AG now owns 361,414 shares of the company’s stock worth $2,873,000 after buying an additional 152,506 shares during the period. Hedge funds and other institutional investors own 73.34% of the company’s stock.
Apollo Education Group Company Profile
Apollo Education Group, Inc is an education provider. The Company 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. Its segments include University of Phoenix, Apollo Global and Others.
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