Perdoceo Education Corporation $PRDO Holdings Boosted by American Century Companies Inc.

American Century Companies Inc. raised its stake in Perdoceo Education Corporation (NASDAQ:PRDO) by 1.6% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,850,189 shares of the company’s stock after acquiring an additional 29,927 shares during the period. American Century Companies Inc. owned 2.88% of Perdoceo Education worth $69,678,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Cresset Asset Management LLC acquired a new position in Perdoceo Education during the 2nd quarter valued at about $2,453,000. Summit Global Investments acquired a new position in shares of Perdoceo Education during the third quarter worth approximately $1,422,000. Envestnet Asset Management Inc. boosted its position in shares of Perdoceo Education by 215.2% during the third quarter. Envestnet Asset Management Inc. now owns 190,888 shares of the company’s stock worth $7,189,000 after buying an additional 130,321 shares during the period. Acadian Asset Management LLC grew its holdings in Perdoceo Education by 110.8% in the 2nd quarter. Acadian Asset Management LLC now owns 923,698 shares of the company’s stock worth $30,173,000 after buying an additional 485,571 shares in the last quarter. Finally, Exchange Traded Concepts LLC increased its position in Perdoceo Education by 47.5% in the 3rd quarter. Exchange Traded Concepts LLC now owns 159,764 shares of the company’s stock valued at $6,017,000 after acquiring an additional 51,472 shares during the period. 93.46% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Perdoceo Education news, SVP David C. Czeszewski sold 36,225 shares of the business’s stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $32.81, for a total transaction of $1,188,542.25. Following the sale, the senior vice president owned 68,875 shares in the company, valued at approximately $2,259,788.75. The trade was a 34.47% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 2.11% of the company’s stock.

Perdoceo Education Stock Up 1.1%

NASDAQ PRDO opened at $34.24 on Thursday. The company has a market capitalization of $2.14 billion, a P/E ratio of 14.21, a PEG ratio of 0.74 and a beta of 0.89. Perdoceo Education Corporation has a 12 month low of $23.87 and a 12 month high of $38.02. The company has a debt-to-equity ratio of 0.04, a current ratio of 5.06 and a quick ratio of 5.03. The company’s 50 day simple moving average is $31.63 and its 200 day simple moving average is $32.21.

Perdoceo Education (NASDAQ:PRDO) last posted its quarterly earnings results on Thursday, February 19th. The company reported $0.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.54 by $0.05. The company had revenue of $211.64 million for the quarter, compared to analysts’ expectations of $209.95 million. Perdoceo Education had a return on equity of 17.59% and a net margin of 18.90%.The firm’s revenue was up 20.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.50 earnings per share. 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. Equities research analysts expect that Perdoceo Education Corporation will post 2.41 earnings per share for the current fiscal year.

Perdoceo Education Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Investors of record on Monday, March 2nd will be paid a $0.15 dividend. The ex-dividend date of this dividend is Monday, March 2nd. This represents a $0.60 dividend on an annualized basis and a yield of 1.8%. Perdoceo Education’s dividend payout ratio (DPR) is currently 24.90%.

Analyst Ratings Changes

A number of brokerages have issued reports on PRDO. Weiss Ratings reiterated 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 note on Friday, February 20th. Wall Street Zen cut Perdoceo Education from a “strong-buy” rating to a “buy” rating in a report on Wednesday, November 12th. Finally, Barrington Research restated an “outperform” rating and issued a $42.00 target price on shares of Perdoceo Education in a research report on Monday, January 5th. One investment analyst has rated the stock with a Strong Buy rating and two have given a Buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $42.00.

Perdoceo Education Profile

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.