Perdoceo Education Corporation $PRDO Shares Acquired by Callodine Capital Management LP

Callodine Capital Management LP grew its holdings in shares of Perdoceo Education Corporation (NASDAQ:PRDO) by 11.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 709,582 shares of the company’s stock after purchasing an additional 75,553 shares during the period. Perdoceo Education makes up about 2.3% of Callodine Capital Management LP’s portfolio, making the stock its 16th biggest holding. Callodine Capital Management LP owned about 1.10% of Perdoceo Education worth $26,723,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Royal Bank of Canada increased its position in Perdoceo Education by 19.2% during the 1st quarter. Royal Bank of Canada now owns 10,663 shares of the company’s stock valued at $269,000 after buying an additional 1,717 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Perdoceo Education by 2.2% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 56,278 shares of the company’s stock valued at $1,417,000 after buying an additional 1,235 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in Perdoceo Education by 49.7% in the first quarter. Goldman Sachs Group Inc. now owns 1,547,405 shares of the company’s stock worth $38,964,000 after acquiring an additional 513,599 shares in the last quarter. Jane Street Group LLC grew its stake in shares of Perdoceo Education by 117.5% during the first quarter. Jane Street Group LLC now owns 267,312 shares of the company’s stock worth $6,731,000 after acquiring an additional 144,395 shares during the last quarter. Finally, Los Angeles Capital Management LLC grew its stake in shares of Perdoceo Education by 4.9% during the second quarter. Los Angeles Capital Management LLC now owns 28,211 shares of the company’s stock worth $922,000 after acquiring an additional 1,310 shares during the last quarter. Institutional investors and hedge funds own 93.46% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently commented on PRDO shares. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Perdoceo Education in a research report on Thursday, January 22nd. Zacks Research raised shares of Perdoceo Education from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 20th. Finally, Barrington Research restated an “outperform” rating and set a $42.00 price target on shares of Perdoceo Education in a research note on Monday, January 5th. One research analyst has rated the stock with a Strong Buy rating and two have given a Buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $42.00.

Insider Activity

In other Perdoceo Education news, SVP David C. Czeszewski sold 36,225 shares of the company’s stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $32.81, for a total value of $1,188,542.25. Following the sale, the senior vice president directly owned 68,875 shares of the company’s stock, valued at approximately $2,259,788.75. This represents a 34.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 2.11% of the stock is currently owned by company insiders.

Perdoceo Education Trading Up 2.3%

Perdoceo Education stock opened at $35.78 on Friday. The stock has a 50-day moving average price of $32.35 and a 200 day moving average price of $32.31. The company has a market capitalization of $2.24 billion, a price-to-earnings ratio of 14.85, a price-to-earnings-growth ratio of 0.76 and a beta of 0.89. Perdoceo Education Corporation has a 52 week low of $24.05 and a 52 week high of $38.02. The company has a quick ratio of 5.03, a current ratio of 5.06 and a debt-to-equity ratio of 0.04.

Perdoceo Education (NASDAQ:PRDO) last issued its quarterly earnings results on Thursday, February 19th. The company reported $0.59 earnings per share for the quarter, topping the consensus estimate of $0.54 by $0.05. Perdoceo Education had a net margin of 18.90% and a return on equity of 17.59%. The company had revenue of $211.64 million for the quarter, compared to the consensus estimate of $209.95 million. During the same quarter in the prior year, the company earned $0.50 EPS. Perdoceo Education’s quarterly revenue was up 20.0% on a year-over-year basis. Perdoceo Education has set its Q1 2026 guidance at 0.830-0.850 EPS and its FY 2026 guidance at 2.970-3.120 EPS. Sell-side analysts anticipate that Perdoceo Education Corporation will post 2.41 EPS for the current year.

Perdoceo Education Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 13th. Investors of record on Monday, March 2nd were issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend was Monday, March 2nd. Perdoceo Education’s dividend payout ratio (DPR) is 24.90%.

About Perdoceo Education

Perdoceo Education Corporation (NASDAQ: PRDO) is a for-profit postsecondary education provider offering certificate, associate, bachelor’s and master’s degree programs. The company operates primarily through two brand platforms—Colorado Technical University and American InterContinental University—delivering career-focused education both on campus and online. These programs span fields such as business, information technology, healthcare and criminal justice, targeting working adults seeking to advance or pivot their careers.

With headquarters in Schaumburg, Illinois, Perdoceo serves students across the United States and internationally through its online offerings.